Donald Trump seized the mantle of Republican standard-bearer for the 2016 presidential election, sending his only serious challenger Ted Cruz crashing out of the White House race. After charging to victory in Indiana, the unorthodox, anti-establishment candidate embraced the role of de facto nominee and trained his sights on the Democrat most likely to face him in the battle for the White House. "We're going after Hillary Clinton," the billionaire real estate mogul told jubilant supporters gathered at Trump Tower in New York to celebrate the victory.
By Ernest Scheyder HOUSTON (Reuters) - After cutting spending and staff levels to the bone, U.S. oil executives say they are getting ready for new drilling projects as a 50 percent increase in crude prices since February leads them to believe the worst of the downturn may be over. Any price rise above $50 per barrel could fuel a resurgence in the U.S. shale industry, which saw drilling and fracking of new wells put on hold over the past year as oil prices plumbed near $25 per barrel. While myriad factors could push prices lower again and many companies are stuck in bankruptcy, prominent executives say there is a pending upswing in oilfield activity globally and that work will come back fastest in North America.
FORT MCMURRAY, Alberta (AP) — The entire population of the Canadian oil sands city of Fort McMurray, Alberta, has been ordered to evacuate from a wildfire that officials said destroyed whole neighborhoods.