Exxon mulls Beaumont refinery crude unit addition Exxon mulls Beaumont refinery crude unit addition: ExxonMobil Corp is considering expanding light crude processing capacity at its Beaumont, Texas, refinery with the addition of a third crude distillation unit, a company spokeswoman said on Thursday. If approved, construction could begin on Unit […]
U.S. private sector adds 178,000 jobs in July: ADP U.S. private sector adds 178,000 jobs in July: ADP: U.S. private employers added 178,000 jobs in July, below economists’ expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would […]
Oil dips on high OPEC supplies, defying falling U.S. crude stocks Oil dips on high OPEC supplies, defying falling U.S. crude stocks: Oil dipped on Thursday as a rally that has pushed up prices by almost 10 percent since early last week lost momentum despite renewed signs of a gradually […]
Asian shares slide as tech shares crumble after Dow hits 22,000 Asian shares slide as tech shares crumble after Dow hits 22,000: Asian shares slid on Thursday, led by falls in South Korean tech shares, as investors locked in recent gains after Wall Street’s Dow Jones Industrial Average broke the […]
Dow pole vaults 22,000, but beware the landing Dow pole vaults 22,000, but beware the landing: The blue-chip Dow Jones Industrial Average closed over the 22,000 mark for the first time on Wednesday, but investor fears about the sustainability of the gains took the shine off the round number milestone. […]
U.S. pending home sales rise; Midwest factory activity slows U.S. pending home sales rise; Midwest factory activity slows: Contracts to buy previously owned U.S. homes rebounded in June after three straight monthly declines, but the housing market remained constrained by a shortage of properties available for sale. Other data on […]
Boeing takes aim at its avionics suppliers, sending stocks down Boeing takes aim at its avionics suppliers, sending stocks down: Boeing Co (BA.N) said on Monday it set up an avionics group to make aircraft controls and electronics that compete with its own suppliers such as Rockwell Collins Inc (COL.N), […]
Europe, tech keeps stocks in check; U.S. dollar softens Europe, tech keeps stocks in check; U.S. dollar softens: Retreating U.S. technology shares and soft European markets capped world equity gains on Monday, while the U.S. dollar fell to its lowest level in over a year against a basket of major […]
Asia shares rise as investors look to burst of data for proof of ‘goldilocks’ Asia shares rise as investors look to burst of data for proof of ‘goldilocks’: Asian shares ticked up on Tuesday as investors looked to a barrage of economic data around the world to confirm recent signs […]
Did job growth maintain mojo in July? Did job growth maintain mojo in July?: The monthly jobs report highlights this week’s economic news and is expected to show the labor market got off to a solid start in the second half of the year after healthy advances the first six […]
