U.S. home values rose at a measured pace in November, a sign that demand remains weak as many buyers have been priced out of the market. The housing market faces an affordability crunch. Many potential buyers were sidelined by double-digit home price gains in 2013, which eclipsed average wage growth of roughly 2 percent.
As he was sworn in for a record fourth term, Gov. Jerry Brown charted an ambitious new goal on Monday for California in its fight against climate change, challenging the nation's most populous state to increase renewable energy use to 50 percent in the next 15 years.
New Mexico regulators began taking testimony Monday on a plan that calls for shutting down part of an aging coal-fired power plant that provides electricity to more than 2 million people in the Southwest. Dozens braved frigid temperatures to talk about asthma, cancer and other health concerns.
The price of oil plunged again Monday and fell below $50 a barrel for the first time since April 2009 as evidence mounted that the world will be oversupplied with oil this year. The Energy Department estimates the drop in gasoline prices will save U.S. households $550 this year.
The U.S. Department of Energy says more needs to be done to improve ventilation for workers at the federal government's underground nuclear waste dump in southern New Mexico. Air filters used to remove particles following a radiation leak in February have restricted the airflow...
Buoyed by a resurgent economy, holiday sales, cheap gasoline and low interest rates, Americans headed to car dealers in droves last month, pushing full-year sales to what's likely to be the highest level since 2006. Fiat Chrysler, Nissan and Honda all reported strong December and annual U.S. sales early Monday, with Nissan and Honda hitting record numbers for the year.
Two cities near Kansas City are considering making more use of solar energy, a trend that energy industry experts say is growing in the Midwest as costs to install facilities decline. If plans move forward, the two cities would join a number of Missouri municipalities that have opened solar farms.
Pfizer continued its aggressive push into the development of new vaccines, announcing the acquisition of a controlling stake in Switzerland's Redvax GmbH on Monday. The privately held company is working on a herpes vaccine for human cytomegalovirus, known as CMV, which infects between 50 percent and 90 percent of adults, according to Pfizer, most of whom show no symptoms.
Energy companies that want to build a natural gas pipeline through several North Carolina counties plan to hold public meetings on the project this week in the state. The proposed Atlantic Coast Pipeline would run 550 miles from West Virginia and Virginia before ending in North Carolina's Robeson County.
Mississippi regulators and utilities are savaging the federal government's proposal to force Mississippi power plants to cut carbon dioxide emissions. In comments filed in December, leaders of utilities, state agencies and business groups called the U.S. Environmental Protection Agency's Clean Power Plan illegal, infeasible and economically unbearable.
Harvest Natural Resources cancelled the $275 million sale of its remaining assets in Venezuela after failing to garner approval from country's beleaguered government. Venezuela holds a 60 percent stake in Petroandina, a subsidiary of the Houston oil and gas company.
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. plunged by 35 last week to 1,840. The Houston firm said Monday in its weekly report that 1,499 rigs were exploring for oil and 340 for gas. One was listed as miscellaneous. A year ago 1,757 rigs were active.
The manager of a Taft Hill asphalt plant that some people want relocated says the plant is safe and it would be difficult to move it to a location that wouldn't affect anyone. The plant operated by Martin Marietta Materials is the target of a petition drive started this year by Citizens Against Asphalt Toxins.
A financially troubled copper mine in Mohave County is laying of hundreds of workers. The Today's News-Herald newspaper reports that the Mineral Park mine near Kingman sent layoff notices to more than 350 workers on Monday. The company has been attempting to tell the mine but a possible sale fell through.
The company said Tuesday the 70,000-square-foot addition will make it more efficient, versatile and competitive in the marketplace. The latest expansion will bring its total plant size in Ponchatoula, including administrative headquarters and distribution facilities, to nearly 400,000 square feet.