Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
CrowdStrike reports first earnings report since IPO.Technologyread more
of Mexico@ (Updates with company comments, changes story tag for some media subscribers)
July 1 (Reuters) - Royal Dutch Shell confirmed two fatalities as a result of an incident at its Auger Tension Leg Platform in the deep-water U.S. Gulf of Mexico on Sunday morning.
"One other non-life-threatening injury was sustained, and that individual is being treated at a nearby hospital," Shell said in an emailed response on Monday.
The accident occurred around 9:00 a.m. CST during a routine and mandatory test of a lifeboat launch and retrieval capabilities at the platform, located 214 miles south of New Orleans.
According to the company website, Auger began producing energy in September 2014 from the Cardamom oil and gas field, which could produce up to 50,000 barrels of oil equivalent (boe) each day.
(Reporting by Swati Verma and Ron Bousso; Editing by Mark Potter and Chizu Nomiyama)