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Consumers Energy gets ready to close plant after 64 years

Consumers Energy gets ready to close plant after 64 years

LUNA PIER, Mich. (AP) — Consumers Energy is getting ready to shut down a coal-fired southeastern Michigan power plant that’s been operating for 64 years. The utility hosted a media tour Thursday of the J.R. Whiting plant in Luna Pier. The plant produced enough power for about 300,000 households. Jackson-based CMS Energy Corp.’s Consumers Energy unit said last month it ...

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Orders for lower-price Tesla reach 325,000

Tesla Lower Priced Car

DETROIT (AP) — Tesla Motors says worldwide orders for its new lower-priced Model 3 electric car have hit 325,000. CEO Elon Musk says on Twitter Thursday that the number is still rising. Customers must put down $1,000 to order the cars, which start at $35,000 and have a range of 215 miles per charge. The deposits are refundable. The Palo ...

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Montana governor looking for new Colstrip owners

BILLINGS, Mont. (AP) — Montana’s governor is looking for a new ownership structure for one of the largest coal-fired power plants in the West to stave off its partial closure. Gov. Steve Bullock said Tuesday he’s forming a working group to explore an ownership change for three of the four units at the 2,100-megawatt Colstrip power plant. Bullock says the ...

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US stocks rise as surge in oil prices lifts energy companies

NEW YORK (AP) — U.S. stocks are mostly higher in Friday trading as the price of oil jumps for the second time in three days. Energy companies are getting a boost. Retailers are struggling after some weak sales reports, and drug companies are losing ground. KEEPING SCORE: The Dow Jones industrial average picked up 48 points, or 0.3 percent, to ...

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Chevron announces more Houston job cuts

Chevron announces more Houston job cuts

Chevron plans to cut 655 Houston jobs as part of a payroll decrease across its upstream business. The California-based company confirmed the layoffs Thursday. Chevron previously stated it would cut its workforce by 4,000 this year. In 2015, The oil major reduced its workforce by 3,000. The total estimated cuts made up about 10 percent of the company’s workforce at ...

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US stocks jump following another surge in oil prices

US stocks jump following another surge in oil prices

NEW YORK (AP) — U.S. stocks are climbing Friday morning as the price of oil jumps for the second time in three days. Energy companies are getting a boost and mining and metals companies are also posting gains. Retailers are struggling after some weak sales reports. KEEPING SCORE: The Dow Jones industrial average rose 141 points, or 0.8 percent, to ...

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At a glance: Settlement is latest milestone after BP spill

BP, settlement, oil spill, milestone, 2010, Deepwater Horizon, Gulf of Mexico

NEW ORLEANS (AP) — A federal judge gave his final approval Monday to an estimated $20 billion settlement over BP’s massive 2010 oil spill. Here’s a look at some of the legal milestones since a deadly explosion on the Deepwater Horizon drilling rig killed 11 workers and led to millions of gallons of oil spewing into the Gulf of Mexico: ...

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Ex-coal CEO gets 1 year in prison in deadly mine blast

Ex-coal CEO gets 1 year in prison in deadly mine blast

CHARLESTON, W.Va. (AP) — A judge sentenced former coal executive Don Blankenship to a year in prison Wednesday for his role in the deadliest U.S. mine explosion in four decades, saying he was part of a “dangerous conspiracy.” One day after the sixth anniversary of the Upper Big Branch Mine explosion, which killed 29 men, U.S. District Judge Irene Berger ...

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US factory orders contracted in February

FILE - This Jan. 7, 2015, file photo, shows factory chimneys near O'Hare International Airport in Chicago. On Monday, April 4, 2016, the Commerce Department reports on U.S. factory orders for February. (AP Photo/Nam Y. Huh, File)

WASHINGTON (AP) — Orders to U.S. factories fell in February for the third time in the past four months. Meanwhile, a key category that tracks business investment plans dropped by the largest amount in two months. Factory orders fell 1.7 percent in February after a 1.2 percent rise in January, the Commerce Department reported Monday. There was weakness in a ...

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