Industrials

The chief executive of a Houston-area petrochemical storage company has apologized more than a week after a fire erupted, causing school closures , an order for residents to stay indoors and the partial closure of a critical commercial waterway.

Along with all the usual declarations and deductions, Massachusetts residents have been asked to keep something else in mind this tax season: pigeon droppings.

Stock indexes veered between small gains and losses in early trading Wednesday on Wall Street as the market cooled off after posting solid gains a day earlier.

Steel producer Nucor Corp. announced Wednesday it will build a $1.35 billion manufacturing mill in a rural Kentucky county, creating several hundred jobs while expanding its presence in the bluegrass state.

The Federal Aviation Administration is expected to undergo a major revamp of its airplane construction oversight this summer after questions were raised about how it manages inspections.

The Latest on Congressional hearings looking into the Federal Aviation Administration's oversight of Boeing (all times local): 9:45 a.m.

___ Prime Minister May says she'll step down if Brexit deal OK'd LONDON (AP) — British Prime Minister Theresa May has told Conservative lawmakers she will step down once her European Union divorce is delivered.

Saudi Aramco has purchased a 70 percent share in petrochemical firm SABIC for $69.1 billion in a deal that pumps capital into the kingdom's sovereign wealth fund.

Southwest Airlines says thousands of canceled flights, including 2,800 due to grounding its Boeing 737 Max 8 jets, are contributing to weaker bookings and $150 million less in first-quarter revenue than previously expected.

The St. Lawrence Seaway's 2019 navigation season has started with American and Canadian officials marking the binational waterway's 60th anniversary.

The decision is part of a $11 billion restructuring effort.

The U.S. Navy has awarded a $1.47 billion contract to a Mississippi shipyard to build a new amphibious warship, following through on a plan announced last year.

Volkswagen says it is partnering with Amazon to develop cloud computing capacity aimed at improving efficiency and coordination across the automaker's global factory network.

An Ethiopian official said a preliminary report on the plane crash that killed 157 on March 10 will be made public later this week.

The Federal Aviation Administration says a Southwest Airlines Boeing 737 Max jet made a safe emergency landing Tuesday in Orlando, Florida, after experiencing an apparent engine problem.

An executive for the Houston-area petrochemical storage facility that was heavily damaged by fire says the company has received hundreds of compensation claims seeking lost wages and other damages.

Croatian police say they have detained 12 people suspected of multiple criminal actions in a shipbuilding company that has been struggling with losses.

U.S. stocks edged lower in early trading Monday, extending losses from a broad sell-off last week, as new economic data stoked investors' worries over slowing global growth.

Businesses and residents expressed concern Monday about the environmental and economic fallout from a fire at a Houston-area petrochemical storage farm that sent huge plumes into the air for days and prompted the partial closure of one of the busiest commercial waterways in the U.S. Officials said it could be several more days before a section of the Houston Ship Channel reopens.

Chinese President Xi Jinping is on a state visit in France where he is expected to sign a series of bilateral and economic deals on energy, the food industry, transport and other sectors.