Southwest finds cracks on two Boeing 737 NG airplanes during inspections
Southwest Airlines Co said Wednesday it found cracks on two Boeing 737 NG airplanes and removed them from service after U.S. regulators last week ordered urgent inspections.
Falling U.S. job openings point to slowing labor market
U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labor as the economy loses momentum.
Tech stocks lift Wall Street as reports brighten hopes of trade deal
Wall Street rose for the first time in three sessions on Wednesday with technology stocks providing a boost, as a report that China was open to a partial trade deal soothed investor nerves ahead of high-level talks on Thursday.
Facebook’s Zuckerberg to testify before U.S. House panel on Oct. 23
Facebook chief executive Mark Zuckerberg will testify before the U.S. House Financial Services Committee on Oct. 23 as the social media company faces growing scrutiny from U.S. lawmakers over a planned cryptocurrency and other issues including adverti…
Halliburton cutting 650 jobs as U.S. oilfield slowdown accelerates
Halliburton said on Wednesday it is cutting another 650 U.S. oilfield services jobs as U.S. and gas producers have slashed spending amid weak prices and investor demands for higher returns.
California power cutoff begins as wildfire risks rise
Electricity was shut off to nearly 750,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co (PG&E) imposed a string of planned power outages of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather.
Wearable device Fitbit to shift production out of China from January
Fitbit Inc will manufacture all its trackers and smart watches outside China from January, the wearable device maker said on Wednesday, the latest U.S. company looking to insulate itself from tariffs.
Hungary’s MOL in talks for Chevron’s $2 billion stake in giant Azeri oilfield: sources
Hungarian energy firm MOL is in talks to acquire Chevron’s stake in a giant oilfield in Azerbaijan for more than $2 billion, according to three banking and industry sources involved in the process.
Stocks edge up on trade truce bets; oil, lira shaken by Turkey move on Syria
Stocks gained on Wednesday on a report that China could yet agree to a partial trade deal with the United States despite recent tensions, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ev…
Halliburton cuts 178 employees in Colorado: filing
Top U.S. hydraulic fracturing provider Halliburton this week said it would cut 178 employees in Colorado, according to a state filing.
