Oil prices rise after Iran seizes oil tanker
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
If you’re a fan of techno-hype, 2023 was the year for you. Believers felt themselves validated by seeing excitement and fear about AI chatbots reach previously untouched heights. Skeptics may have felt initially confounded by the rollout of driverless robotaxis in San Francisco and a few other cities, but ultimately validated when they were ordered…
Updated Jan. 11, 2024 2:43 pm ET LONDON—Airbus, the world’s biggest plane maker, smashed its near-decade old record for the highest number of orders in a single year, as airlines scramble to secure the limited availability of new aircraft. The company said it had booked 2,319 gross orders last year, more than twice the number…
Updated Jan. 11, 2024 7:14 am ET Chesapeake Energy and Southwestern Energy agreed to merge in an all-stock transaction valued at $7.4 billion that would create one of the largest natural-gas producers in the U.S. The companies on Thursday said the value is based on Chesapeake’s closing price as of Wednesday. Copyright ©2024 Dow Jones…
NEW YORK (AP) — WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office sharing company once seen as a Wall Street darling that promised to upend the way people went to work around the world. In a late Monday announcement, WeWork said it entered into a restructuring support agreement…
For travelers trying to reach their destinations during the storm-tossed holiday season last year, there was no problem identifying the Grinch who stole Christmas: It was Southwest Airlines. Southwest, it may be recalled, canceled or delayed more than 16,900 flights between Dec. 21 and Jan. 2, stranding more than 2 million passengers. The meltdown kept…
Auto workers have signed off on a trio of new contracts with Ford, General Motors and Jeep parent company Stellantis, bringing closure to a more than six-week strike that rocked U.S. auto makers and showed a renewed militancy within the industry. The United Auto Workers union announced Monday morning that 64% of members overall voted…