NEW YORK (AP) — Sears will live on— at least for now. The company’s chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears, averting liquidation of the iconic chain, according to a source familiar with the negotiations. The person agreed to speak on condition of anonymity because they were not authorized to discuss the negotiation publicly. Lampert, …

Lawsuit: Company knew rig was unsafe before explosion QUINTON, Okla. (AP) — Drilling company officials ignored multiple warnings that safety equipment at an Oklahoma gas well was malfunctioning before an explosion that killed five workers and badly injured another, the family of one of the dead workers contends in a recent court filing. Parker Waldridge’s family alleges in a Dec. …

The explosion in online shopping has led to porch pirates and stoop surfers swiping holiday packages from unsuspecting residents. The cops in one New Jersey city are trying to catch the thieves with some trickery of their own. Police in Jersey City, across the Hudson River from New York, are teaming up with Amazon to install doorbell cameras and plant …

For ladies seeking something fashionable or men wanting a gift basket with a feminine touch for their special someone, the new Caprichos de Mujer has a little something for everyone, with more in store. Surrounded by her family, owner Lilly Cereceres cut the ribbon Nov. 30 for the new ladies boutique at 815 N. Turner St. in Hobbs during a …

VIENNA (AP) — Oil prices spiked sharply higher Friday as major oil producers, including the OPEC cartel, agreed to cut global oil production by 1.2 million barrels a day to reduce oversupply. Following two days of meetings, the Organization of the Petroleum Exporting Countries that includes the likes of Saudi Arabia and Iraq said they would cut 800,000 barrels per …

Utility aims for zero carbon emission from electric power DENVER (AP) — A utility serving 3.6 million electricity customers in eight states said Tuesday it will try to eliminate all its carbon emissions from electrical generation by 2050. Xcel Energy CEO Ben Fowke acknowledged that not all the technologies the company needs to meet that goal are available yet on …

A rally in oil prices after a two-month slide indicates traders are betting that OPEC and its allies including Russia will agree to produce less crude. Representatives of oil-producing nations will hold a highly anticipated meeting Thursday in Vienna, with analysts predicting that they will agree on a cut of at least 1 million barrels a day in an effort …

Dave Sexton, currently the URENCO USA president and CEO, will be taking on a new role within URENCO. Beginning in January, Sexton will be named the deputy chief operating officer, based in the United Kingdom. The role is part of URENCO’s strategic succession planning initiative. With more than 40 years of experience in the nuclear industry, specifically in the areas …

Larry Wormington recently took his family on a vacation, driving into Texas, over into and across Oklahoma from west to east, up about 90 miles into Missouri, then heading into South Texas by way of Del Rio. Wormington said he and his family passed too many gasoline stations to count in their 2,000-plus-mile plus journey, buying close to $100 of …

Devon Energy employees recently presented contributions totaling $30,000 to three United Way organizations in southeast New Mexico – the United Way of Carlsbad and South Eddy County, the United Way of Lea County and the North Eddy County United Way. These United Way organizations collectively support 60 unique health and human service agencies in Eddy and Lea counties, and these …