Industrials

Judge: Pipeline owners trespassed, but work can continue

A Louisiana judge says a company building an oil pipeline through south Louisiana trespassed on the land of three people challenging the construction — but he allowed the work to continue and awarded each of the three $150 in compensation and damages.

Boeing, Citi fall; Hewlett Packard Enterprise, Okta rise

Stocks that moved substantially or traded heavily Thursday: Boeing Co., down $10.60 to $331.90 Exporters' stocks fell as the arrest of a senior Chinese technology executive threatened to worsen U.S.-China trade tensions.

Dubai's DP World acquires Danish Unifeeder for $748 million

Global port operator DP World says it has acquired Danish logistics firm Unifeeder for $748 million, about 660 million euros, helping the Dubai-owned company expand its foothold through the largest feeder and shortsea network in Europe.

Michigan Senate OKs bill to enable Great Lakes pipeline deal

The Michigan Senate voted Wednesday to facilitate a deal to replace a contentious 65-year-old oil pipeline in the Great Lakes, approving legislation to empower a new authority to oversee the construction and operation of a utility tunnel that would encase the new pipeline.

Trump task force recommends ways to boost Postal Service

A task force created by President Donald Trump to evaluate ways to stem billions of dollars in losses at the U.S. Postal Service is suggesting a range of options, including proposals that could significantly boost the cost of sending non-essential mail.

Diamond smuggling scandal spotlights shadowy Israeli tycoon

A shadowy Israeli billionaire who made his fortune in the insular world of diamonds has suddenly found his empire in jeopardy after close associates were busted in a massive smuggling ring and an employee mysteriously plummeted to her death from his high-rise Tel Aviv office building.

Earthquake-weary Alaskans still grappling with damage

The supply chain of food and other goods delivered to the Port of Anchorage from the Lower 48 has not been disrupted by the powerful earthquake that caused widespread damage to roads in the Anchorage area.