Governor, jerome powell. Those stories and more in just a moment but first, we have breaking news on halliburton. Lets go to our chief market correspondent, scarlet fu. Halliburton, the Oil Services Company is cutting 6. 5 percent to eight percent of its workforce. No layoffs planned due to the baker hughes deal, but this is because of the Challenging Market environment. Those were the exact words used by the company. Total had come total headcount at halliburton is about 80,000. The Houston Business Journal reported halliburton would be cutting between 5000 and 6000 jobs. Oil prices have plunged from their highs of last year. If you look at how halliburton shares are performing, take a look at the bloomberg terminal. This is the intraday chart and you can see we opened lower and have been on a little bit of a recovery and yet when the news hit we had our lows of the day, down 2. 8 at the moment. Thank you. Lets return to washington and our chief washington correspondent, peter cook, w
Orion Group Leases HQ at Midway s $2 5B Houston Development therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Element Fuels will spend $3 to $4 billion to construct a new refinery in South Texas that can process shale oil and use cleaner energy to power facilities.
Movers: Douglas Elliman s Dallas Home, Hall Group Hires Ben Brewer therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.