Colorado, where hydraulic fracturing has helped push oil production to the highest level in 55 years, is considering legislation to rein in the practice, drawing threats from drillers who say they will flee the state if the restrictions become law.
Colorado became the first U.S. state to pass legislation regulating the retail sale of marijuana and proposing to tax the new industry as much as 25 percent, defying federal law that labels marijuana an illegal substance.
Electronic Arts Inc. , the second- largest video-game publisher, posted an unexpected $96 million first-quarter profit on better-than-projected sales of titles including “2010 FIFA World Cup South Africa.”
Colorado and Washington are racing to meet deadlines for setting up a framework to regulate the sale of marijuana for recreational use, even as federal authorities weigh the future of the new industry.
Los Angeles touted landing the North American headquarters of Chinese carmaker BYD Co. as a win that would generate jobs for the second-biggest U.S. city and make it a center for the growing market for electric autos.