OIL EXTENDED its advance above $60 a barrel on signs the US supply glut is easing. Futures gained as much as 0.8 percent in New York, rising from the highest close since December.
California regulators approved rules that for the first time require mandatory water reductions across the state as a historic drought gripping the region enters its fourth year and conservation efforts fall short of targets.
A drone large enough to carry tanks of fertilizers and pesticides has won rare approval from federal authorities to spray crops in the United States.
Microsoft Corp. is evaluating a bid for Salesforce.com Inc., after the cloud software provider was approached by another would-be buyer, people with knowledge of the matter said.
Wells Fargo employees have been accused of opening unauthorized accounts for customers to meet unrealistic sales quotas. Wells Fargo is accused of opening up accounts and credit cards in customers' names without their authorization.