Honeywell acquiring Air Products' LNG unit for $1.81B
Honeywell has agreed to purchase Air Products' liquified natural gas...
Honeywell has agreed to purchase Air Products' liquified natural gas technologies business in a $1.81 billion deal. The acquisition is Honeywell's fourth this year and aligns with CEO Vimal Kapur's vision to focus on the energy transition, automation and next-gen aviation.
Farewell to an icon. The Mirage opened in 1989, spurring...
Farewell to an icon. The Mirage opened in 1989, spurring the rest of the Las Vegas Strip to mirror its gaudy image. The resort housed the legendary Siegfried & Roy magic show for 13 years and was featured in the 1997 Chevy Chase comedy movie Vegas Vacation. Originally costing $630 million to construct, The Mirage was sold for almost $1.1 billion to Hard Rock International two years ago. It closes for good on July 17th.
It doesn’t matter that there’s no room left in overhead bins. Delta,...
It doesn’t matter that there’s no room left in overhead bins. Delta, the most profitable US airline, isn’t seeing soaring profits despite peak air travel this summer. The airline reported disappointing Q2 profits yesterday, showing that the industry is struggling to find equilibrium.
The US and Germany foiled a Russian plot to assassinate the CEO of a German arms manufacturer that’s been supplying Ukraine, intelligence officials said.
Apple made a deal with EU antitrust regulators that will allow competitors to use its tap-and-go payments technology, resolving a yearslong investigation.
MicroStrategy, the largest corporate holder of bitcoin, is planning a 10-for-1 stock split.
The IRS said it has collected $1 billion in back taxes from wealthy taxpayers who were cheating the system.
Dax Shepard made an $80 million deal with Amazon to distribute his popular podcast, Armchair Expert, plus merch and new shows.
The lavish wedding of the son of Asia’s richest man, Mukesh Ambani, begins today. If that sounds familiar, it’s because they’ve been having over-the-top pre-wedding celebrations featuring famous guests and performers for months.
Benchmark U.S. crude oil for August delivery rose 52 cents to $82.62 per barrel Thursday. Brent crude for September delivery rose 32 cents to $85.40 per barrel.
Wholesale gasoline for August delivery rose 2 cents to $2.52 a gallon. August heating oilwas unchangedat $2.52 a gallon. August natural gas fell 6 cents to $2.27 per 1,000 cubic feet.
Dow ends higher, S&P 500 and Nasdaq pause rally as small-cap stocks outperform
U.S. stocks closed mostly lower on Thursday as investors sold high-flying...
U.S. stocks closed mostly lower on Thursday as investors sold high-flying tech stocks and bought small-caps, real-estate stocks, and other rate-sensitive sectors of the market in anticipation of the Federal Reserve's September pivot to lower interest rates.
The S&P 500 shed 49.39 points, or 0.9%, closing at 5,584.54.
The Nasdaq Composite Index fell 364.04 points, or 2%, finishing at 18,283.4.
According to Dow Jones Market Data, it was the S&P 500 and Nasdaq's biggest daily percentage decline since April 30. Both closed at fresh records on Wednesday.
The Russell 2000 index outperformed, gaining about 3.6%. It was the Russell 2000's biggest one-day outperformance of the Nasdaq on record.
