Brazil Corruption Scandal Ensares President Dilma Rousseff’s Campaign Strategist As Brazilian Prosecutors File Fresh Charges
The strategist behind President Rousseff’s election campaigns was charged, while Rousseff faces a potential impeachment trial next month on separate allegations.
Puerto Rico Debt Crisis: Default On Looming $422M Payment Could Worsen Financial Chaos On The Island
The U.S. territory will likely default on a $422 million payment to bondholders next week, deepening the island's financial troubles.
Global Oil Market Could Face Supply Shortfall By 2035 As Companies Cut Investments: Report
The market could face a supply shortfall of 4.5 million barrels a day by 2035, according to a new report.
Oil Earnings Preview: Ugly Results On Tap For Exxon Mobil Corp. (XOM), Chevron Corp. (CVX) And ConocoPhillips Co. (COP) As Tumbling Crude Prices Weigh
Exxon Mobil, Chevron and ConocoPhillips are expected to report weaker quarterly earnings as the oil price slump drags on.
In Districts Battered By US Trade With China, Americans Are Increasingly Divided Politically
In U.S. towns where manufacturing has vanished, voters are more likely to pick the far-right or far-left candidate, researchers found.
BP Plc (BP) Eyes Deeper Spending Cuts In 2016 As Low Oil Prices, Deepwater Horizon Disaster Costs Batter Earnings
The British oil and gas giant said Tuesday it could reduce capital expenditures to $17 billion in 2016 to weather the market downturn.
China Bans Some New Coal Power Plants, Spelling More Bad News For A Troubled Industry
The limit on new coal plants in certain parts of China could signal more negative tidings for the long-suffering U.S. and global coal industries.
Earnings Preview: Outlook Bright As First Solar Inc. (FSLR), SolarCity Corp. (SCTY) And SunPower Corp. (SPWR) Report First-Quarter Results
Leading U.S. solar power firms begin reporting first-quarter 2016 earnings this week, just after a clean energy giant went bankrupt.
Saudi Arabia’s Vision 2030 Economic Plan To Break Its Oil ‘Addiction’ Draws Cautious Praise And Skepticism
But the move to break the kingdom’s oil “addiction” has also invited renewed criticism over its poor record on human rights and gender equality.
Saudi Aramco Valuation Seen At More Than $2 Trillion In What Could Be World’s Largest IPO
Saudi Arabia’s deputy prince said the kingdom plans to sell a stake of less than 5 percent in its behemoth oil company.
Road To Rio: Brazil’s Middle-Class Dreams On Hold As Recession Hurts Households
Millions of middle-class Brazilians who’d hoped to marry, buy homes and start careers feel stuck as the country grapples with a recession. What comes next is anyone’s guess.
Earth Day 2016: Over 170 Nations Sign Paris Climate Change Agreement At UN Headquarters
Representatives of 171 countries signed a landmark climate accord Friday in New York. But it won't take effect until lawmakers in at least 55 nations ratify it.
Oil Industry Layoffs Are Driving Texas Workers To The State’s Booming Solar Power Sector
As low petroleum prices drive layoffs across Texas oil fields, rig hands, engineers and pipe fitters are turning to the solar sector.
Earth Day 2016: Paris Climate Agreement To Be Signed By Over 150 Countries At UN Ceremony In New York
Friday’s ceremony in New York City, coinciding with Earth Day, arrives amid troubling reports about the impact of global warming.
Troubled Solar, Wind Energy Giant SunEdison Inc. (SUNE) Files For Bankruptcy Protection To Address ‘Liquidity Issues’
The U.S. clean energy company said it was seeking Chapter 11 bankruptcy protection amid escalating financial and legal troubles.
Auto Sales: Chinese And US Drivers Are Ditching Sedans For Bigger, Bulkier SUVs And Trucks
Big car companies in the world's top two auto markets are selling more sport utility vehicles and trucks and fewer four-door sedans.
Door ‘Remains Open’ To OPEC Oil Production Freeze Despite Failed Doha Talks, Saudi Official Says
Top Saudi oil officials say the door “remains open” to a possible freeze on global crude production despite failed talks last weekend.
Saudi Arabia To Secure $10 Billion Bank Loan To Fix Budget Shortfall Caused By Lower Oil Prices
The oil-rich kingdom aims to plug a widening budget gap caused by the collapse in oil prices over the past two years.
India To Surpass China As ‘Main Engine’ Of Global Oil Demand Growth: IEA Monthly Oil Market Report
As its economy and population expand, Asia’s third-biggest economy could soon replace China as the main driver of global demand for petroleum.
Hillary Clinton, Bernie Sanders Square Off On Fracking In Key New York, Pennsylvania Primaries
Thursday's debate between Hillary Clinton and Bernie Sanders will likely reveal their starkly different positions on hydraulic fracturing.
Peabody Energy Corp (BTU) Bankruptcy Marks A Critical New Low For The Struggling US Coal Industry
Peabody Energy, the nation’s biggest coal producer, filed for Chapter 11 bankruptcy protection Wednesday, heralding the sector’s long-term decline.
IMF Cuts 2016 Global Growth Forecast To 3.2%, Citing Low Oil Prices And China’s Economic Slowdown
The International Monetary Fund on Tuesday trimmed its forecast for 2016 to 3.2 percent, citing a slowdown in China, low oil prices and weakness in advanced economies.
OPEC Doha Meeting: Major Oil Producers To Consider Production Freeze At April 17 Event, But Some Are Skeptical Of Impact
Officials from more than a dozen OPEC and non-OPEC nations will meet next Sunday in Doha, Qatar, to discuss a strategy to boost oil prices.
Puerto Rico Debt Crisis: Island Unveils Proposal To Restructure Debt As Bond Default Looms
The island territory proposed a plan Monday to restructure part of its $70 billion debt, just days after the governor declared a bank emergency.
What Is Interpol? As Europe Seeks To Root Out Terror Cells, World’s Police Force Interpol Steps In
Interpol says information needs to move “faster than the terrorists” to protect citizens from attacks.
Dennis Hastert, Facing Sex Abuse Allegations, Admits To Committing ‘Transgressions’ As High School Wrestling Coach
The disgraced former U.S. House Speaker, who is accused of sexually abusing boys, acknowledged wrongdoing for the first time Saturday.
Amazon.com Inc (AMZN) Is Hiring More Humans And Robots To Fuel Retail Expansion
Automation isn't taking over the world just yet. The e-commerce company is still hiring people to support its retail expansion.
Oil And Gas Sector Troubles Drive Corporate Default Rate To Highest Level In Seven Years: S&P
The ratings agency Standard & Poor's said the troubled oil and gas sector helped push the tally of corporate defaults to 40 so far this year.
Climate Change 2016: As Proxy Season Arrives, Shareholder Activists File Record Number Of Environmental Resolutions
Pension funds, private foundations and individuals are filing a rising number of climate-focused resolutions this proxy season.
Venezuelan Leader Blames El Niño And Global Warming For Nation’s Energy Crisis
Venezuelan President Nicolás Maduro says a strong El Niño event and global warming has led to the severe drought plaguing the country’s energy grid.
