As oil companies make ever-larger and longer-term commitments to drill in the Permian Basin, this West Texas region's infrastructure and public services are being overwhelmed.
Business & Financial News, U.S & International Breaking News
Explainer: Italy's PM Conte resigns. What comes next?
Prime Minister Giuseppe Conte handed in his resignation on Tuesday after accusing his interior minister, Matteo Salvini, of putting his League party before the needs of Italy.
EU antitrust regulators raise concerns about Facebook's Libra currency: sources
EU antitrust regulators want to know whether Facebook's proposed Libra cryptocurrency and its use of consumer data pose possible anti-competitive constraints, people familiar with the matter said on Wednesday.
European stocks recover before Fed minutes, Jackson Hole gathering
European stocks rallied on Wednesday as hopes for more monetary and fiscal stimulus helped assuage worries about global recession, political turmoil in Italy and endless trade wars.
Ex-Vatican treasurer Pell returns to jail after losing appeal against sex abuse convictions
Former Vatican treasurer Cardinal George Pell will remain in prison for at least another three years after losing an appeal against his conviction for sexually abusing two 13-year-old choir boys, an Australian court ruled on Wednesday.
Target surges on same-day service boost
Target Corp raised its annual profit forecast on Wednesday after reporting better-than-expected quarterly results as higher investments to remodel stores and beef up digital business drew in more shoppers, sending shares up 17%.
Five EU states to take in Open Arms migrants, ending standoff
Five EU states agreed to take in scores of migrants stranded for weeks on board a crowded rescue ship, EU authorities said on Wednesday, ending a prolonged standoff with Rome over their fate.
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