Obama Blocks Two Oil, Gas Leases
The Obama administration announced that it was rescinding plans to allow two oil and natural-gas lease sales in the Arctic Ocean.
The move might be reversed by President-elect Donald Trump, who has vowed to lift federal restrictions on oil and natural-gas drilling.
In the Interior Department's final offshore leasing blueprint, the government removed two lease sales it had earlier this year said it planned to offer between 2017 and 2022 in the Arctic Ocean off Alaska's northern coasts. It said it still plans to offer one lease sale in the Cook Inlet off the southern coast of Alaska, not in the Arctic, along with 10 lease sales in the Gulf of Mexico.
Man Gets 40 Months for ISIS Support
An Illinois man arrested two years ago as he and two teenage siblings were about to board a plane for Turkey was sentenced to 40 months in federal prison, followed by 20 years of supervised release.
Mohammed Hamzah Khan, 21 years old, pleaded guilty last year to one count of attempting to provide material support for the Islamic State terror group, also known as ISIS.
U.S. District Judge John J. Tharp Jr. imposed the prison term and ordered that it be followed by intensive supervised release including a mental-health treatment program and violent-extremism counseling.
After the 2014 arrest of Mr. Khan, an American-born individual of Indian descent, at Chicago's O'Hare International Airport, federal agents searched the family's home in Bolingbrook, Ill., finding a note from Mr. Khan describing the immorality of U.S. society and his obligation to live under a caliphate in the Middle East.
Leading Indicators Edge Higher
A basket of leading economic indicators increased slightly in October, a sign that U.S. economic growth would continue in the coming months.
The Conference Board's leading economic index rose 0.1% last month, following a 0.2% increase in September and a 0.2% decline in August.
Made up of 10 components, including initial claims for jobless benefits, factory orders and the S&P 500's price change, the index is intended to signal swings in the business cycle. The board's coincident index -- designed to reflect current economic conditions and made up of four data points including nonfarm payrolls -- rose 0.1% last month.
(END) Dow Jones Newswires
November 19, 2016 02:47 ET (07:47 GMT)
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