KBR buys defense industry rival in another step away from energy business

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KBR buys defense industry rival in another step away from energy business

Houston information technology company KBR has entered into an $800 million deal to buy a defense industry rival as the iconic firm takes another step away from its legacy construction and energy businesses. KBR plans to buy Virginia-based defense and …
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Facebook announces changes to support beleaguered Black-owned businesses nationwide

Forty-one percent of the 1.1 million black-owned businesses on Main Street shut down between February and April as the coronavirus pandemic swept the country, according the Federal Reserve Bank of New York. To help this sector Facebook announced …
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Alibaba earnings: After COVID-19 recovery, US-China tensions still loom

Earnings preview: Analyst says it’s ‘difficult to discount the impact of worsening U.S./China relations’ amid apparent bounceback. Alibaba’s midyear shopping festival saw greater volume than last year’s in an encouraging sign of China’s recovery from the …
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Erie travelers to have more flight, seat options

Erie International Airport shared some good news on National Aviation Day on Wednesday. United Airlines will offer another daily non-stop flight between Erie and Chicago beginning Sept. 2. The airline currently operates one daily flight between Erie …
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Lowe's Online Quarterly Sales More Than Doubled

Lowe’s Cos. LOW -0.27% posted surging sales for the May-to-July quarter, joining a group of large retailers that have benefited from shifting consumer spending patterns during the Covid-19 pandemic. Comparable sales, which include stores open at least a …
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