Gov. Andrew M. Cuomo's administration announced on Wednesday that it would ban hydraulic fracturing in New York State because of concerns over health risks, ending years of debate over a method of extracting natural gas.
SYDNEY (Reuters) - Asian shares rallied on Thursday after U.S. stocks enjoyed their strongest session this year when the Federal Reserve sounded upbeat on the economy and promised to be patient in removing policy stimulus.
WASHINGTON (Reuters) - U.S. consumer prices recorded their biggest drop in nearly six years in November as gasoline prices tumbled, but did little to change views the Federal Reserve would start raising interest rates in mid-2015.
FedEx's second-quarter earnings soared 23 percent, but it missed Wall Street forecasts because of a lower-than-expected benefit from falling fuel prices.
Ride-hailing company Uber has pledged to improves its oft-critised process for screening drivers, and said it is researching the use of biometric verification in background checking its drivers.