Laid-off Philadelphia refinery workers struggle with shrinking sector
Third-generation Philadelphia oil refinery worker Lee Murray wore his late father’s hard hat every day of the 25 years he spent there....
Huawei CFO Meng arrives in Vancouver court for third day of U.S. extradition hearing
Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver courtroom on Wednesday where Canadian prosecutors are expected to defend a U.S. extradition request in...
Avolon CEO sees new Boeing MAX timeline as ‘worst case scenario’
The head of aircraft lessor Avolon, which has committed to a fleet of 148 Boeing 737 MAX jets, said he believed the planemaker’s new June...
Trump threatens big tariffs on car imports from EU
U.S. President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn’t agree to...
U.S. home sales surge to near two-year high; supply at record low
U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing...
S&P 500, Nasdaq hit record highs on IBM, chip power
The S&P 500 and the Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over earnings, while investors assessed...
United says does not expect to fly the 737 MAX this summer
United Airlines Holdings Inc does not expect to fly the Boeing 737 MAX this summer, President Scott Kirby said on Wednesday, following news from Boeing...
Incoming Abbott CEO says not looking to do any deals
Abbott Laboratories’ incoming Chief Executive Officer Robert Ford said on Wednesday that deal-making was not on the company’s agenda....
Drug, nutrition product sales power Abbott’s revenue beat
Medical device maker Abbott Laboratories Inc beat quarterly sales estimates on Wednesday, benefiting from higher demand for its nutrition products and generic drug sales....
S&P 500, Nasdaq hit record on IBM, waning China virus fears
The S&P 500 and the Nasdaq scaled new highs on Wednesday, as an upbeat forecast from IBM added to optimism over earnings, while China’s efforts...