The Latest on action in the financial markets (all times local): 10:45 a.m. Halliburton will institute a mandatory furlough for 3,500 employees in Houston, Texas, beginning next week amid falling Continue Reading
The Detroit Three automakers will shut down their U.S. plants to stop the spread of coronavirus, bowing to pressure from the union representing about 150,000 hourly workers at those facilities, Continue Reading
The United States and Canada closed their mutual border to “non-essential traffic” on Wednesday while President Donald Trump moved to speed up medical equipment production and said hospital ships would Continue Reading
Oil and gas companies around the world aim to slash spending as crude prices have plunged due to the impact of the coronavirus and a push by Saudi Arabia and Continue Reading
The Pentagon said on Wednesday it was still looking at how it may respond to any attack on American forces, days after three American troops were wounded in a rocket Continue Reading
A new analysis from a coalition of environmental groups has found that four U.S. banks are the world’s largest fossil fuel financers. The analysis , conducted by a group including Continue Reading
Employers are cutting shifts, suspending work and starting to lay off workers as the new coronavirus devastates business across the country. Companies from restaurant operators to wedding caterers have started Continue Reading
In just one month, the coronavirus outbreak blew out to a full-on pandemic, threatening to tip the global economy into recession and affecting every country, industry, and supply chain. Many Continue Reading
US spot gas prices plunge to multi-year lows; the Henry Hub cash price tumbles 16.10 cents Wednesday morning to $1.654/MMBtu, the lowest price since March 9, 2016, when Henry Hub Continue Reading
US coal carloads fell to a 10-year low 55,542 in the week ended March 14, down 5.3% from a week earlier and 23% lower than the year-ago week, the Association Continue Reading
