Two airliners scrapped wings at Phoenix Sky Harbor International Airport. Nobody was injured in the accident.
According to airport officials, a Frontier Airlines plane clipped the wing of an arriving Southwest Airlines plane coming from Oklahoma City at around 8 p.m. On Thursday night.
After initially moving to the downside, stocks turned in a lackluster performance over the course of trading session on Friday. Even with the choppy trading, the major averages managed to reach new record closing highs.
Burger chain Wendy's Co. (WEN) is looking to add 1,000 new restaurants by 2020, as the burger chain reported its 16th quarterly same-restaurant sales growth.
Wendy's currently has just over 6,500 locations worldwide and wants to increase it to 7,500 units by 2020. The company plans to open at least...
Senate Majority Leader Mitch McConnell, R-Ken., has expressed strong support for President Donald Trump's policies even though he is not a fan of the president's frequent use of Twitter. "I've been pretty candid with him and all of you that I'm not a great fan of daily tweets," McConnell said at a press conference on Friday.
President Donald Trump's controversial nominee to head the Environmental Protection Agency was confirmed by the Senate on Friday. The Senate voted 52 to 46 in favor of Oklahoma Attorney General Scott Pruitt's nomination as EPA Administrator, with the vote largely coming down along party lines.
Stocks continue to see modest weakness in mid-day trading on Friday, although selling pressure remains relatively subdued. With the drop on the day, the Dow is pulling back off the record closing high set in the previous session.
Looking to follow through on a key campaign promise, House Speaker Paul Ryan, R-Wis., said Republicans plan to introduce legislation to repeal and replace the healthcare reform law known as Obamacare following next week's recess.
Ryan told reporters at his weekly press conference on Thursday that...
Austin, Texas-based Veggie Noodle Co. is recalling a limited quantity of Butternut Spirals noodles due to possible listeria contamination.
The noodle product was sold at Whole Foods Markets and other retailers in Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Nebraska, Ohio and Wisconsin.
While selling pressure has remained relatively subdued, stocks have moved modestly lower in morning trading on Friday. The Dow has pulled back into negative territory after inching up to a new record high in the previous session.
Dairy giant Saputo Inc. is voluntarily recalling certain Gouda cheese products in the U.S. due to potential listeria contamination. Saputo said one of its suppliers, Deutsch Kase Haus, LLC of Middlebury, Indiana, notified the company that some specialty Gouda cheese products that it supplied to Saputo's Green Bay, Wisconsin facility may have been contaminated with Listeria monocytogenes.
Pointing to a positive economic outlook in the first half of the year, the Conference Board released a report on Friday showing a bigger than expected increase by its index of leading U.S. economic indicators in the month of January.
Fiat Chrysler reportedly plans to lay off 3,200 workers temporarily in April as the auto giant moves forward with its plans to spend $700 million to transform a plant in Toledo to build the next-generation Wrangler.
The workers will be laid off for up to six months, as Fiat shifts car production to...
Amazon is exploring the possibility of using parachutes to drop drone-delivered packages. The e-commerce giant has been granted a patent titled, "Maneuvering a package following in-flight release from an unmanned aerial vehicle".
Retired Vice Admiral Robert Harward has turned down an offer to serve as President Donald Trump's next National Security Advisor. Trump reportedly offered the position to Harward following Michael Flynn's recent resignation amid a controversy over his communication with Russian officials.
U.S. food maker Kraft Heinz Co. (KHC) Friday confirmed that it has made a comprehensive proposal to Anglo-Dutch consumer goods company Unilever Plc or Unilever NV. The cash and stock offer values $143 billion.
Further, Kraft Heinz noted that Unilever has declined the proposal, however it go ahead...