Bloomberg Federal Communications Commission Chairman Tom Wheeler took a seat, grasped a set of controls, and guided an excavator — that happened to be 1,400 miles away. By moving dirt in Dallas through a remote hook-up from the FCC’s Washington offices earlier this year, Wheeler showed the promise of what could be the largest and most lucrative expansion of ...

  Bloomberg Oil rebounded after closing at the lowest level in two months as equity markets increased and U.S. data showed crude stockpiles slid. Futures gained as much as 1.7 percent in New York, paring Wednesday’s 4.4 percent slump, as European stocks advanced. U.S. supplies fell an eighth week, the longest losing streak since June 2015, while gasoline inventories unexpectedly ...

  Bloomberg Asia’s going to have to wait a little longer for the flood of U.S. shale gas to reach its shores. A global glut of liquefied natural gas has cut price differences between regions worldwide, leading traders to ship cargoes for shorter distances to save on freight costs, Citibank analysts including Anthony Yuen said in a report dated July ...