U.S. stocks end higher Friday, post gains for the week on rate-cut optimism
U.S. stocks finished higher Friday after paring gains in the final stretch...
U.S. stocks finished higher Friday after paring gains in the final stretch of trading, with all three major indexes rising for the week.
The Dow Jones Industrial Average came close to notching a new record high, as it reclaimed 40,000. The Dow rose 247.15 points, or 0.6%, to close at 40,000.90.
The S&P 500gained 30.81 points, or 0.6%, to finish at 5,615.35.
The Nasdaq Compositeclimbed 115.04 points, 0.6%, to end at 18,398.45
SCOTUS decision in Uinta rail case to test FERC policies
The Supreme Court's decision to review the Surface Transportation Board's...
The Supreme Court's decision to review the Surface Transportation Board's environmental approval of the Uinta Basin Railway in Utah could impact how the Federal Energy Regulatory Commission handles pipeline and liquefied natural gas plant approvals. Energy intelligence firm Arbo warns that if the STB case stands, it may force FERC Chairman Willie Phillips into "an untenable position that will only lead to a very fractured Commission."
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.
