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Home Business (page 7)

Business

Eunice finalizes cannabis ordinance

By Michael
October 5, 2022
in :  Business, Local News
Comments Off on Eunice finalizes cannabis ordinance
4,683

Curtis Wynne/News-Sun EUNICE — Within 30 days, the City of Eunice will join other communities around New Mexico getting used to having legal marijuana sales inside the city. With little discussion, the Eunice City Council this week formalized an ordinance to regulate, insofar as the community is allowed by state law, the “possession, cultivation, manufacture and sale of cannabis.” The …

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Eunice finalizes cannabis ordinance

By Michael
October 5, 2022
in :  Business, Local News
Comments Off on Eunice finalizes cannabis ordinance
3,966

Curtis Wynne/News-Sun EUNICE — Within 30 days, the City of Eunice will join other communities around New Mexico getting used to having legal marijuana sales inside the city. With little discussion, the Eunice City Council this week formalized an ordinance to regulate, insofar as the community is allowed by state law, the “possession, cultivation, manufacture and sale of cannabis.” The …

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TikTok search results riddled with misinformation

By Michael
September 20, 2022
in :  Business
Comments Off on TikTok search results riddled with misinformation
2,099

By DAVID KLEPPER Associated Press TikTok may be the platform of choice for catchy videos, but anyone using it to learn about COVID-19, climate change or Russia’s invasion of Ukraine is likely to encounter misleading information, according to a research report published Wednesday. Researchers at NewsGuard searched for content about prominent news topics on TikTok and say they found that …

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Permian Strategic Partnership adds two new members

By Michael
September 16, 2022
in :  Business, State/Regional News
Comments Off on Permian Strategic Partnership adds two new members
2,803

For the News-Sun MIDLAND, Texas — Permian Strategic Partnership brought the total company membership to 19 with the addition of Kinetik and Water-Bridge Resources this week. “We are thrilled to welcome Kinetik, WaterBridge and their respective board members Matt Wall and Jason Long to our team,” said Tracee Bentley, president and CEO of the PSP. “These companies bring tremendous talent and …

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EXPLAINER: What to know about ‘buy now, pay later’

By Michael
September 15, 2022
in :  Business, National/World News
Comments Off on EXPLAINER: What to know about ‘buy now, pay later’
8,882

By CORA LEWIS Associated Press NEW YORK (AP) — Since the start of the pandemic, the option to “buy now, pay later” has skyrocketed in popularity, especially among young and low-income consumers who may not have ready access to traditional credit. If you shop online for clothes or furniture, sneakers or concert tickets, you’ve seen the option at checkout to …

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Oil, gas double Lea’s value but tax rates stable

By Michael
September 15, 2022
in :  Business, Local News
Comments Off on Oil, gas double Lea’s value but tax rates stable
3,822

Curtis Wynn/News-Sun LOVINGTON — While the value of taxable property in Lea County more than doubled last year, the tax rates have stayed much the same and the oilfield will pick up the tab — most of it. At the request of County Tax Assessor Sharla Kennedy, and in compliance with state law, the Lea County Commission on Thursday certified …

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Agency OKs nearly $190M in bids from offshore oil lease sale

By Michael
September 14, 2022
in :  Business
Comments Off on Agency OKs nearly $190M in bids from offshore oil lease sale
3,228

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — The Biden administration accepted nearly $190 million Wednesday in bids from an offshore oil and gas lease sale that was held nearly a year ago but rejected by a federal judge. The Bureau of Ocean Energy Management’s action was required by the climate bill that was signed Aug. 16 — a …

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Agency OKs nearly $190M in bids from offshore oil lease sale

By Michael
September 14, 2022
in :  Business
Comments Off on Agency OKs nearly $190M in bids from offshore oil lease sale
2,286

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — The Biden administration accepted nearly $190 million Wednesday in bids from an offshore oil and gas lease sale that was held nearly a year ago but rejected by a federal judge. The Bureau of Ocean Energy Management’s action was required by the climate bill that was signed Aug. 16 — a …

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Climate damage from oil leases on US land gets second look

By Michael
September 7, 2022
in :  Business, Law and Courts
Comments Off on Climate damage from oil leases on US land gets second look
1,835

By MATTHEW BROWN Associated Press BILLINGS, Mont. (AP) — The Biden administration reached a legal settlement Tuesday that requires the government to reexamine potential climate damages from oil and gas leases put up for sale under the Trump administration on government land in Montana and North Dakota. Similar deals have been reached in recent weeks for lease sales covering thousands …

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Warren Buffett’s company has bet $47B on the oil sector

By Michael
August 15, 2022
in :  Business
Comments Off on Warren Buffett’s company has bet $47B on the oil sector
2,433

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20% of the oil producer. Occidental’s stock rose more than 3.5% on Tuesday to $62.18 after Buffett revealed his latest purchases of nearly 6.7 million Occidental …

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NextEra commissions new electric transmission line

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NextEra commissions new electric transmission line Christina Holt/News-Sun LOVINGTON — Dozens of guests stood …

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