TESLA, SOLARCITY MERGER GETS SHAREHOLDER APPROVAL
Shareholders of Tesla and SolarCity approved Tesla's $2.1 billion all-stock offer to merge and create one company headed by Elon Musk that would sell emissions-free cars and solar panels that help power them.
TESORO TO BUY WESTERN REFINING
Oil refiner Tesoro will buy Western Refining for $4.1 billion, a deal that will create one of the largest fuel processors in the Western U.S. and potential expansion opportunities in a business that has been tested in the past year.
OIL PRICES SETTLE LOWER
Oil futures reversed earlier gains to settle lower as a stronger dollar outweighed hopes that major oil producers will come to a deal to limit output.
U.N. AGENCY WARNS IRAN ON NUCLEAR DEAL
Notice followsdisclosure that Iran had produced more than the permitted amount of heavy water, an ingredient for the production of weapons-grade plutonium.
GM'S CHEVY BOLT EV NOT WIDELY AVAILABLE UNTIL SPRING
General Motors Co.'s first long-range electric car won't be made widely available for several months, with the auto maker planning to sell the Chevrolet Bolt in California and Oregon in coming weeks to meet its commitment to put it on sale in 2016
APPEALS COURT REVIVES ENERGY FUTURE BONDHOLDER CLAIMS
In a decision that could roil the planned bankruptcy exit of Dallas energy giant Energy Future Holdings., an appeals court has revived bondholder claims to premium payment on their debt.
SUNEDISON STILL WEIGHING OPTIONS ON TERRAFORM DEALS
SunEdison Inc. has wrapped up round one of a process to set a price on its most valuable assets: stakes in TerraForm Power Inc. and TerraForm Global Inc., a lawyer for the company said Thursday.BRAZIL'S PETROBRAS TO SELL LIQUIGAS UNIT TO ULTRAPAR
Brazilian state-run oil company Petrobras agreed to sell its cooking-gas distributor, known as Liquigas, to local fuel and petrochemical holding company Ultrapar Participacoes, in a deal worth 2.8 billion reais ($819 million).
WEST VIRGINIA OFFICIALS SUE OVER ALPHA FUNDING GAP
West Virginia environmental regulators are suing Alpha Natural Resources Inc.'s senior executives in a bid to hold them responsible for a $100 million funding gap regulators say threatens to doom the reorganized company.
YELLEN SIGNALS RATE RISE IS ON HORIZON
President-elect Donald Trump is preparing to take office amid signs the economy is growing stronger and the Federal Reserve is nearing an increase in rates. Fed Chairwoman Janet Yellen told lawmakers a rate increase could come "relatively soon," amid solid data on housing, jobless claims and inflation.
U.S. STOCKS RISE ON ECONOMIC OPTIMISM
U.S. stocks rose Thursday as investors stepped up bets on a strengthening U.S. economy.
INFLATION CONTINUES TO FIRM
U.S. consumer prices increased in October at the fastest rate in two years, the latest sign inflation pressures are firming. Weak inflation has been one factor holding back the Fed from raising rates.
======== DOW JONES NEWSWIRES ANALYSIS AND COMMENTARY ========
NEW WRINKLE FOR TESLA-SOLARCITY MERGER: UNCERTAIN SUBSIDIES
Shareholders set to vote over the merger of Elon Musk's Tesla Motors and SolarCity have a new dilemma to consider: How Donald Trump's election will affect subsidies for green power.
INTERNAL PROBE OVER PAYMENTS LED RIO TINTO TO FIRE TOP OFFICIALS
An internal Rio Tinto investigation raised questions about whether company executives followed rules for paying people close to government officials in foreign countries.
(END) Dow Jones Newswires
November 17, 2016 18:23 ET (23:23 GMT)
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