Congress unveiled a $1.2 trillion spending bill ahead of tonight’s...
Congress unveiled a $1.2 trillion spending bill ahead of tonight’s shutdown deadline. Like you did with your senior year thesis, lawmakers turned in their lengthy federal funding package yesterday just under the wire—though it’s unclear if they’ll have time to vote on it to prevent parts of the government from shutting down at midnight tonight. The bipartisan bill includes, among other things, funding for border security and education programs, in an effort to appease both sides of the aisle. Republican leaders signaled that they intend to hold a vote today, waiving their self-imposed rule that legislators get 72 hours to review bills before they vote.
Walmart is adding high-end products to more than 800 locations in a bid to lure wealthier shoppers.
Airline CEOs have reportedly requested an intervention audience with Boeing’s board of directors to address the manufacturer’s growing list of problems.
China and Russia made a deal with Houthi militants to provide political support for the Yemen-based group in exchange for their ships sailing through the Red Sea without being attacked, Bloomberg reported.
Dow Jones, S&P 500 and Nasdaq end at new record highs
U.S. stocks scored another round of records on Thursday, with all three...
U.S. stocks scored another round of records on Thursday, with all three major equity indexes posting back-to-back all-time highs, a day after the Federal Reserve said rate cuts look likely this year.
The Dow Jones Industrial Average rose about 269 points, or 0.7%, ending near 39,781
The S&P 500 index gained nearly 16 points, or 0.3%, closing around 5,241
The Nasdaq Composite Index advanced 32 points, or 0.2%, finishing near 16,401.
As part of an initiative dubbed "energy week," House Republicans have...
As part of an initiative dubbed "energy week," House Republicans have passed two bills to safeguard fracking from presidential intervention and to roll back fee increases for drilling on public lands. Yet, with Democratic dominance in the Senate and potential White House resistance, the bills are more of a symbolic gesture intended to outline the GOP's energy priorities ahead of the upcoming elections.
Freeport LNG is planning a debottlenecking project to increase its liquefied...
Freeport LNG is planning a debottlenecking project to increase its liquefied natural gas production by 10%, or 1.65 million short tons per year, following the completion of maintenance work on Trains 1 and 2 in early May, CEO Michael Smith revealed. The optimization project will increase Freeport's uncontracted supply available for spot-market trading to 3.3 million short tons per year and boost feed gas requirements to 2.5 Bcf/d, Smith said.
Williams' Louisiana Energy Gateway pipeline faces delays
Williams has postponed the completion of its 1.8-Bcf/d Louisiana Energy...
Williams has postponed the completion of its 1.8-Bcf/d Louisiana Energy Gateway natural gas pipeline in Louisiana and Texas from this year to the second half of 2025 due to a dispute with Energy Transfer, CEO Alan Armstrong has announced. The company is moving forward with construction after altering the pipeline's route to avoid the disputed area.
