production

NEW YORK | Markets Right Now: Stocks open sharply lower on Wall Street

NEW YORK — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening sharply lower as the arrest of a senior Chinese technology executive threatened to worsen trade tensions between China and the U.S. The price of oil also fell sharply early Thursday as OPEC leaders gathered to discuss possible … Continue reading NEW YORK | Markets Right Now: Stocks open sharply lower on Wall Street

NEW YORK | Met orchestra onstage for bows behind Nezet-Seguin

NEW YORK — Yannick Nezet-Seguin took the rare step of bringing the entire orchestra on stage for curtain calls following his first performance as just the third music director in the Metropolitan Opera’s 135-year-history. The 43-year-old Canadian led Tuesday night’s premiere of a new production of Verdi’s “La Traviata” by Tony Award-winning director Michael Mayer, … Continue reading NEW YORK | Met orchestra onstage for bows behind Nezet-Seguin

DALLAS | Exxon 3Q profit surges on higher energy prices

DALLAS — Higher oil prices propelled Exxon’s third-quarter profit up 57 percent to $6.24 billion despite another drop in production. It was Exxon’s best third quarter since 2014, when the effects of a collapse in oil prices had not yet been felt, and a sign that Big Oil is coming back. Rival Chevron Corp. reported … Continue reading DALLAS | Exxon 3Q profit surges on higher energy prices

BATTLE CREEK, Mich | Honey Smacks returns to shelves with new recipe after recall

BATTLE CREEK, Mich. — Kellogg’s Honey Smacks is returning to shelves following a voluntarily recall after salmonella infected 100 people in 33 states. The company announced on Monday the cereal will return next month in limited quantities with “a simpler, updated recipe.” The company says production was moved to a “trusted and tested Kellogg-owned facility … Continue reading BATTLE CREEK, Mich | Honey Smacks returns to shelves with new recipe after recall

BERLIN | OECD predicts unsustainable rise in use of raw materials

BERLIN — The Organization for Economic Cooperation and Development is warning that the world’s consumption of raw materials will rise sharply, putting greater pressure on the environment. The Paris-based think tank said Monday that with a growing global population and rising living standards, the amount of raw materials used each year will increase to 167 … Continue reading BERLIN | OECD predicts unsustainable rise in use of raw materials

WASHINGTON | Julia Louis-Dreyfus feted for career achievement in comedy

WASHINGTON — Julia Louis-Dreyfus is one of the best-known comedic actresses of her generation, and now she’s being recognized with the Mark Twain Award for lifetime achievement in comedy. She’s set to receive the 21st annual Twain prize Sunday night at Washington’s Kennedy Center, with testimonials from Jerry Seinfeld, Stephen Colbert and 2010 Mark Twain … Continue reading WASHINGTON | Julia Louis-Dreyfus feted for career achievement in comedy

FRANKFURT, Germany | BMW ramps up investment in China to meet electric demand

FRANKFURT, Germany — German automaker BMW says it is taking a majority stake in its China joint venture and investing 3 billion euros ($3.5 billion) in production there as it prepares to meet increased demand for electric vehicles. Munich-based BMW said Thursday it would pay 3.6 billion euros ($4.2 billion) to raise its stake in … Continue reading FRANKFURT, Germany | BMW ramps up investment in China to meet electric demand

LOUISVILLE, Ky | Kentucky bourbon inventory at highest level since 1972

LOUISVILLE, Ky— Kentucky’s bourbon distilleries ratcheted up production again last year, boosting overall inventory to 7.5 million barrels of aging whiskey — the highest volume since 1972, an industry group said Thursday. Rounds of distillery expansions and start-ups have put the sector on a trajectory toward higher production, but an industry leader warned trade disputes … Continue reading LOUISVILLE, Ky | Kentucky bourbon inventory at highest level since 1972