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Cyber attack shuts down top U.S. pipeline network
Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyber attack that industry sources said was caused by ransomware.
Top U.S. fuel pipeline operator Colonial Pipeline has shut its entire network, the source of nearly half of the U.S. East Coast's fuel supply, after a cyber attack that industry sources said was caused by ransomware.
Week ahead: Disney results, inflation in focus
Quarterly results from Walt Disney and Airbnb and the release of U.S. inflation data for April are some of the key potential market-moving events for the week of May 10th. Conway G. Gittens has the look ahead.
Quarterly results from Walt Disney and Airbnb and the release of U.S. inflation data for April are some of the key potential market-moving events for the week of May 10th. Conway G. Gittens has the look ahead.
Biden says the economic 'climb is steep'
After a disappointing jobs report, President Joe Biden on Friday said there was a "long way to go" before the U.S. economy recovers from a pandemic-spurred slump and said the American Rescue Plan is helping to bring the economy back. This report prod
After a disappointing jobs report, President Joe Biden on Friday said there was a "long way to go" before the U.S. economy recovers from a pandemic-spurred slump and said the American Rescue Plan is helping to bring the economy back. This report prod
Biden pushes infrastructure plan in U.S. South
Democratic President Joe Biden on Thursday visited the Gulf Coast state of Louisiana, which has backed Republicans in U.S. elections for the past two decades, to tout his plans to invest in water and storm projects in cities that have been battered b
Democratic President Joe Biden on Thursday visited the Gulf Coast state of Louisiana, which has backed Republicans in U.S. elections for the past two decades, to tout his plans to invest in water and storm projects in cities that have been battered b
Dow climbs to record high
The Dow closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while shares of vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.
The Dow closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while shares of vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.
Norwegian Cruise warns U.S. return in jeopardy
Norwegian Cruise Line Holdings said its plans for resuming mid-summer U.S. sailings could be in jeopardy, a day after the U.S. Centers for Disease Control and Prevention laid out new guidelines for the cruise industry. Conway G. Gittens has more.
Norwegian Cruise Line Holdings said its plans for resuming mid-summer U.S. sailings could be in jeopardy, a day after the U.S. Centers for Disease Control and Prevention laid out new guidelines for the cruise industry. Conway G. Gittens has more.
Stocks can rally through year end -strategist
As the Dow hits another record high, Crossmark Global Investments' Veronica Fernandez tells Reuters' Fred Katayama about the tailwinds that she sees driving stocks higher. She also makes the case for buying Mastercard and Visa.
As the Dow hits another record high, Crossmark Global Investments' Veronica Fernandez tells Reuters' Fred Katayama about the tailwinds that she sees driving stocks higher. She also makes the case for buying Mastercard and Visa.
World’s first electric boat high-speed charger
The sale of electric cars in Norway has overtaken those powered by petrol, diesel and hybrid engines. Now, companies are turning their attention to boats, as the world's first rapid charger for electric boats opened on Wednesday.
The sale of electric cars in Norway has overtaken those powered by petrol, diesel and hybrid engines. Now, companies are turning their attention to boats, as the world's first rapid charger for electric boats opened on Wednesday.
EU 'ready to discuss' COVID vaccine patent waiver
The European Union is willing to discuss a proposal, now backed by the United States, to waive intellectual property rights for COVID-19 vaccines, European Commission president Ursula von der Leyen said on Thursday.
The European Union is willing to discuss a proposal, now backed by the United States, to waive intellectual property rights for COVID-19 vaccines, European Commission president Ursula von der Leyen said on Thursday.
New US jobless claims break below 500K
Initial claims for state unemployment benefits tumbled to a seasonally adjusted 498,000 for the week ended May 1, the Labor Department said on Thursday, marking the lowest reading in 13 months. Conway G.
Initial claims for state unemployment benefits tumbled to a seasonally adjusted 498,000 for the week ended May 1, the Labor Department said on Thursday, marking the lowest reading in 13 months. Conway G.
ArcelorMittal reports roaring start to the year
ArcelorMittal, the world's largest steelmaker, reported higher than expected first-quarter earnings on Thursday after what it said was its strongest quarter in a decade. Ciara Lee reports
ArcelorMittal, the world's largest steelmaker, reported higher than expected first-quarter earnings on Thursday after what it said was its strongest quarter in a decade. Ciara Lee reports
Nintendo sees Switch sales passing peak
Nintendo has signalled that sales of its Switch console are likely to have peaked after five years on sale and following a lockdown-driven boom.
Nintendo has signalled that sales of its Switch console are likely to have peaked after five years on sale and following a lockdown-driven boom.
Tesla to allow Chinese car owners access to data
U.S. electric-vehicle maker Tesla said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles. Ciara Lee reports
U.S. electric-vehicle maker Tesla said on Thursday it was developing a platform for car owners in China that will allow them to access data generated by their vehicles. Ciara Lee reports
SpaceX's Starship makes first successful landing
SpaceX achieved the first successful touchdown of its prototype Starship rocket during the latest test flight of the next-generation launch vehicle in south Texas on Wednesday, after four previous landing attempts ended in explosions.
SpaceX achieved the first successful touchdown of its prototype Starship rocket during the latest test flight of the next-generation launch vehicle in south Texas on Wednesday, after four previous landing attempts ended in explosions.