Tag Archives: Finance & Business

LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose for the fourth consecutive week, another setback for prospective homebuyers just as the spring homebuying season gets going. The average rate on a 30-year mortgage rose to 6.94% from 6.90% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.65%. The average rate is …

Canadian discount airline Lynx Air will shut down on Monday and suggested that it could cancel many flights over the weekend too, leaving customers scrambling to make new travel plans. Lynx announced the shutdown late Thursday and told customers to contact their credit-card company about getting a refund for canceled flights. The Calgary, Alberta, airline said it could not help …

TOKYO (AP) — The head of a renewable energy subsidiary of Japan’s top oil company, Eneos Holdings, has been fired for sexual harassment, the companies announced Wednesday, as awareness of the #MeToo movement grows in the country. Japan Renewable Energy Corp. said in a statement it dismissed chairperson Shigeru Yasu after an internal investigation confirmed sexual harassment at a social …

ALBUQUERQUE, N.M. (AP) — A Texas company has reached a multimillion-dollar settlement with the federal government and the state of New Mexico to address air pollution concerns in the largest oil and gas producing region in the United States. The agreement announced Tuesday with Apache Corporation calls for the company to pay $4 million in penalties and spend more than …