Dow wants to power its Texas manufacturing complex with new nuclear reactors instead of natural gas
Read full article: Dow wants to power its Texas manufacturing complex with new nuclear reactors instead of natural gasDow, a major producer of chemicals and plastics, wants to use next-generation nuclear reactors for clean power and steam at a Texas manufacturing complex instead of natural gas.
Stock market today: Asian shares are mixed as Wall Street gears up for an interest rate cut
Read full article: Stock market today: Asian shares are mixed as Wall Street gears up for an interest rate cutShares are mixed in Asia as world markets gear up for the Federal Reserve's most anticipated meeting in years.
Stock market today: Asian shares are sharply lower, tracking a rates-driven tumble on Wall Street
Read full article: Stock market today: Asian shares are sharply lower, tracking a rates-driven tumble on Wall StreetAsian markets are trading sharply lower after Wall Street tumbled as it focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high.
Stock market today: Asian shares are mixed as investors weigh weakness in the tech sector
Read full article: Stock market today: Asian shares are mixed as investors weigh weakness in the tech sectorShares are mixed in Asia after the rally on Wall Street fizzled with big declines for Tesla, Netflix and other big tech-oriented stocks.
Asian markets open lower after price data slam Wall Street
Read full article: Asian markets open lower after price data slam Wall StreetAsian markets have skidded lower after Wall Street fell the most since June 2020 as a report showed inflation has kept a surprisingly strong grip on the U.S. economy.
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Business grows skittish about Trump and GOP after riots
Read full article: Business grows skittish about Trump and GOP after riotsBusinesses are rethinking political contributions in the wake of the deadly Capitol siege by President Donald Trumps supporters on Wednesday, Jan. 6, 2021. Citigroup confirmed Sunday, Jan. 10, 2021, that it is pausing all federal political donations for the first three months of the year. Outside conservative groups, including those affiliated with Republican leadership, were the ones who dropped the lion's share of money that helped him oust former Democratic Sen. Claire McCaskill. Leading business groups such as the National Association of Manufacturers, the Business Roundtable and the U.S. Chamber of Commerce all condemned the insurrection. “There was no big public push or pressure to get Marriott and others to announce they would no longer make campaign contributions.
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Retail sales grew a slower-than-expected 0.3% in October
Read full article: Retail sales grew a slower-than-expected 0.3% in OctoberNEW YORK – Retail sales in the U.S. grew a sluggish 0.3% in October, even as retailers offered early holiday discounts online and in stores. October's growth was much smaller than in September, when it rose 1.6%, according to the U.S. Commerce Department. It as hoped that retailers would be able to entice Americans who to get a jumpstart holiday shopping and avoid crowds. Online shopping sales rose 3.1% last month, the Commerce Department said. But at clothing stores and sporting good shops, sales fell more than 4%.
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Stocks post solid gains as technology shares lead rally
Read full article: Stocks post solid gains as technology shares lead rallyDespite the rally, the S&P 500 still posted its fourth straight weekly loss, extending Wall Street's September swoon. The S&P 500 rose 1.6% after flip-flopping between small gains and losses a few times in the early going. The S&P 500 came within striking distance of a 10% drop from its all-time high earlier this week, what Wall Street calls a correction. The S&P 500 rose 51.87 points to 3,298.46. Norwegian Cruise Line notched the biggest gain in the S&P 500, vaulting 13.7%.
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Ask 2: Why are there streets in Lake Jackson named This Way, That Way and Any Way?
Read full article: Ask 2: Why are there streets in Lake Jackson named This Way, That Way and Any Way?LAKE JACKSON, Texas – At KPRC 2, we’re dedicated to keeping Houstonians informed. The original question: In Lake Jackson TX, there are some street names that caught my attention. They are named: This Way, That Way, and Anyway, why? The answer: Lake Jackson, located about 50 miles south of Houston, originated in 1941 after the construction of the Dow chemical plants in Freeport. Center Way is located in the center of town and Circle Way circles the business district, according to the city’s website.
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