Economy

Economy

Why Trump’s rollback of Obama rules won’t do much for coal country

President Donald Trump campaigned on putting coal miners back to work, and on Tuesday, he delivered a promised rollback of Obama administration regulations considered detrimental to the industry. However, Trump’s actions will bring minimal benefit to the coal-producing regions that helped him win the White House, according to the government’s own projections.

Economy

American Airlines CEO not worried about Trump travel ban’s effect on business

American Airlines chairman and CEO Doug Parker says he has few worries about President Donld Trump’s efforts to suspend immigration from seven majority-Muslim countries. His predecessor, Bob Crandall, expresses hope that the Trump administration will support a plan to privatize air traffic control, moving oversight away from the Federal Aviation Administration to a private nonprofit with congressional oversight.

Economy

Trump’s Interior pick could signal revival of Northwest coal export terminal

Donald Trump’s selection of Montana Rep. Ryan Zinke to lead the Interior Department could signal the revival of a much-debated coal-export terminal in Northwest Washington state that’s pitted industry groups and unions against environmental and community groups, and two Indian tribes against each other. In Congress, Zinke has been a staunch supporter of the Gateway Pacific Terminal, a $600 million facility in Whatcom County, Washington, that would export about 48 million tons a year of coal mined in western states to Pacific Rim markets.

Economy

Candidate Trump said he ‘digs coal.’ His key Cabinet appointments favor natural gas

To be sure, Trump’s choices of Oklahoma Attorney General Scott Pruitt to be EPA administrator, ExxonMobil CEO Rex Tillerson to be secretary of state, and former Texas Gov. Rick Perry to be energy secretary could boost fossil fuels generally. But all three have been big promoters of the production of natural gas through hydraulic fracturing, and the resulting abundance of cheap natural gas has displaced a large volume of coal in the nation’s power sector.

Economy

Trump’s intensifying tone on Cuba could impact Texas business interests

President-elect Donald Trump heightened his criticism of Cuba after Fidel Castro’s death, tweeting that he is willing to “terminate” recently negotiated trade relations with the United States and Cuba. That could be bad news for Texas agricultural and business interests, as trade with Cuba represents an untapped and potentially lucrative market.

Economy

Donald Trump’s anti-trade rhetoric puts Texas Republicans in a bind

President-elect Donald Trump continues to rail against trade agreements like the proposed Trans-Pacific Partnership and the North American Free Trade Agreement, which puts pro-trade Texas Republicans in a bind. Agricultural interests in Texas say the state benefits from increased trade abroad and that Trump’s rollback of the two pacts could be a job-killer in the state.

Videos

How one family in rural Pa. is fighting Sunoco pipeline construction

The Gerhart family lives on 27 acres in the rural town of Huntingdon in central Pennsylvania. When they were told Sunoco Logistics was constructing a pipeline on their land and they had no choice in the matter, they responded with a tree sit as three acres of 80-year-old forest was razed in March of 2016. This spring, as Sunoco continues construction on the Mariner East 2 pipeline, the oil company will be met with a banner hanging high above the cleared trees that reads “You shall not pass.”
Brittany Peterson McClatchy
How one family in rural Pa. is fighting Sunoco pipeline construction 3:21

How one family in rural Pa. is fighting Sunoco pipeline construction

First Lady Melania Trump swats POTUS' hand when he reaches for her 0:14

First Lady Melania Trump swats POTUS' hand when he reaches for her

Trump's visit to Israel praised by Rivlin and Netanyahu 4:20

Trump's visit to Israel praised by Rivlin and Netanyahu

Trump delivers 2:02

Trump delivers "a message of friendship and hope and love" in Saudi Arabia