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Republican Iowa senator says Trump EPA 'screwed us' with biofuel waivers

Iowa's Republican Senator Chuck Grassley said the Trump administration's Environmental Protection Agency has "screwed" the U.S. ethanol industry and farmers by granting waivers to 31 small petroleum refineries, effectively exempting them from an obligation to use more ethanol in their products.

Amazon.com defeats IRS appeal in U.S. tax dispute

Amazon.com Inc on Friday defeated an appeal by the U.S. Internal Revenue Service in what the online retailer has called a $1.5 billion dispute over its tax treatment of transactions with a Luxembourg subsidiary.

Take Five: Fed in a hole

On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July's quarter-point rate cut.

Brazil power company CPFL eyeing Cemig: CEO

Brazilian power company CPFL Energia is in an expansion phase that could include the purchase of fellow utility Companhia Energetica de Minas Gerais , known as Cemig, CPFL Chief Executive Officer Gustavo Estrella told Reuters on Friday.

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