Reformer fire quickly put out at Exxon Baytown, Texas, refinery – sources
HOUSTON (Reuters) – A fire on a reformer at Exxon Mobil Corp’s 564,440 barrel-per-day (bpd) Baytown, Texas, refinery was quickly…
Business
Amazon duped millions of consumers into enrolling in Prime, US FTC says
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into…
Telecom Italia sounds out buyers for stake in enterprise unit -Bloomberg News
(Reuters) – Telecom Italia is restarting its efforts to sell a minority stake in its enterprise unit, potentially valued at…
Powell: Half-point of additional hikes a ‘good guess’ of policy outcome
By Howard Schneider WASHINGTON (Reuters) -Further Federal Reserve rate increases are “a pretty good guess” of where the central bank…
Tech companies including Google gripe about unfair cloud practices
(Reuters) -Technology trade groups as well as Alphabet’s Google have griped to the Federal Trade Commission about allegedly unfair business…
Activist investor Elliott seeks ouster of NRG CEO – WSJ
(Reuters) -Activist investor Elliott Investment Management is increasing pressure on NRG Energy and seeking to oust its CEO Mauricio Gutierrez,…
US lawmakers urge FTC to finalize new consumer protections for car buyers
By David Shepardson WASHINGTON (Reuters) -A group of 17 Democratic U.S. lawmakers on Wednesday urged the Federal Trade Commission to…
US Senate panel invites PGA Tour commissioner, LIV CEO to testify on merger
By David Shepardson WASHINGTON (Reuters) – A U.S. Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia’s…
Wall Street extends sell-off as Powell hints at further rate hikes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed lower on Wednesday as Federal Reserve Chairman Jerome Powell’s congressional…
Alaska Airlines CEO ‘anxious’ for Boeing 737 MAX 10 deliveries
By David Shepardson WASHINGTON (Reuters) -Alaska Airlines is “anxious” to begin taking deliveries of the larger Boeing 737 MAX 10…