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Another Keystone XL setback; environmental review ordered

NEW YORK — Environmentalists cheered a federal court order that blocks a Trump administration permit for the construction of the Keystone XL pipeline, pending an environmental review.

The pipeline would begin in Alberta and shuttle as much as 830,000 barrels a day of crude through a half dozen states to terminals on the Gulf Coast.

After Canada legalizes pot, industry eyes rest of the world

MONTREAL — Cam Battley is a top executive at one of Canada’s biggest marijuana companies, but he isn’t sticking around to savour the country’s historic pot legalization.

He’s off to Germany on Friday and Australia next week ‚Äî a sign of what a leader Canada has become in the global pot industry, and of the reverberations its decision to legalize could have internationally.

Sears files for Chapter 11 amid plunging sales, massive debt

NEW YORK — Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses.

Sears once dominated the American retail landscape. But the big question is whether the shrunken version of itself can be viable or will it be forced to go out of business, closing the final chapter for an iconic name that originated more than a century ago.

In boon for farmers, Trump lifts restrictions on ethanol

WASHINGTON — The Trump administration is moving to allow year-round sales of gasoline with higher blends of ethanol, a boon for Iowa and other farm states that have pushed for greater sales of the corn-based fuel.

President Donald Trump announced he is lifting a federal ban on summer sales of high-ethanol blends during a trip to Iowa on Tuesday.