In the coming days, the world’s biggest publicly traded oil companies will report fourth-quarter earnings, offering the best look yet at the bite lower crude prices have taken out of Big Oil. For BP, lower oil prices are just one headwind.
Mexican authorities have halted construction of a controversial exposition center for Chinese goods near the Caribbean resort Cancún, saying the planned site isn’t appropriate for the project because it is home to protected mangroves and birds.
American Airlines, flush from buoyant full-year profits and looking ahead to even better performance in 2015, won’t alter its strategy as a result of sharply lower oil prices, its chief executive said.
VMware Inc.’s fourth-quarter profit fell slightly, offsetting a double-digit revenue increase, as the computer-server software pioneer reported higher costs associated with its stock-compensation program.
A trio of recent incidents is fueling new scrutiny of U.S. airport security procedures that allow nearly a million workers nationwide—including baggage handlers, mechanics and aircraft cleaners—access to airport facilities without routine screening.