Industrials

Airlines are bowing to the staying power of higher fuel prices by culling unprofitable flights while trying to boost revenue by being nicer to customers.

Saudi Arabia's state-owned oil company says it's temporarily halting shipments through a strategic Red Sea shipping lane after Yemen's Shiite rebels attacked two tankers the previous day.

American Airlines is reporting that profits during the second quarter plunged more than 30 percent due in part to rising fuel costs, but it still topped expectations.

Southwest Airlines overcame rising fuel prices to top profit expectations, though an inflight disaster in which a passenger was killed had an adverse effect on revenue.

Steelworkers in Granite City, Illinois, threw a street party — complete with hot dogs, cold beer and a singer in red, white and blue — when U.S. Steel announced earlier this year it was bringing hundreds of laid-off employees back to work at the local mill.

Russian hackers who penetrated hundreds of U.S. utilities, manufacturing plants and other facilities last year gained access by using the most conventional of phishing tools, tricking staffers into entering passwords, officials say.

South Korean chipmaker SK Hynix says its quarterly net profit surged 75 percent to a record high.

The Trump administration says North Korea may be evading U.S. and U.N. sanctions in more than 40 countries.

A U.S. motorcycle manufacturer says it plans to increase production in Poland after President Donald Trump ordered tariffs on steel and aluminum and the European Union retaliated with tariffs on motorcycles, but the company said the move will not reduce jobs at its U.S. plants.

An escalating trade war and steep tariffs on steel and aluminum is putting pressure on earnings for automakers.

China is applauding U.S. airlines for bending to its demand that they stop referring to Taiwan as an independent country on their websites.

Boeing Co. says its second-quarter profit was $2.2 billion.

A federal judge is allowing Maryland and the District of Columbia to proceed with their lawsuit accusing President Donald Trump of unconstitutionally accepting gifts from foreign and state interests through his Washington hotel.

The company that built the Dakota Access oil pipeline says its ownership of agricultural land in North Dakota doesn't violate state law, and that the law is unconstitutional anyway.

Sergio Marchionne, a charismatic and demanding leader who engineered two long-shot corporate turnarounds to save both Fiat and Chrysler from near-certain failure, died Wednesday.

Cabin crew workers for low-cost airline Ryanair are holding a two-day strike in four European countries over working conditions, forcing thousands of passengers to make last-minute travel plans at the peak of the summer holiday season.

Ten more satellites for Iridium Communications have been successfully launched into orbit.

Dubai-based port operator DP World says it has signed a deal with Mali to build a 1,000-hectare, or 2,470-acre, large logistics hub outside of Bamako.

The airport at Hannover in northern Germany has reopened after damage caused to the runway by persistent heat forced operators to shut it for repairs.