Crude oil futures finished lower on Wednesday as investors weary over an uptick in global coronavirus infections which may lead to further disruption within a fragile economic environment. West Texas Intermediate crude spiked before settling at $39.00 a barrel on the New York Mercantile Exchange. Brent crude futures rose to $41.00 per barrel earlier in the …
October 28, 2020 archive
Boeing Announces $449 Million Loss for 3Q 2020, Job Loss Imminent
As losses continue to rapidly rise due to decreased revenue associated with the pandemic, Boeing Co. announced that it will cut an additional 7,000 jobs in order to shore up lower demand for new aircraft, according to an article by the Associated Press. The company said that when retirements and other employee departures are included, …
ONEOK Posts 14% Increase for Third Quarter 2020 Financial Results
Tulsa-based ONEOK, Inc. announced its third quarter 2020 financial results showing an increase of 14 percent in operating income. This amount represents a whopping 55% increase in operating income compared with 2Q 2020 results, according to a company press release. The company said its net income for the quarter was $312.3 million or 70 cents …
Oklahoma Achieves B Ranking Under 2020 Digital States Survey
The Center for Digital Government announced the results of its 2020 Digital States Survey, a biennial evaluation of the technology practices of all 50 states. Oklahoma maintained its B grade evaluation based on quantifiable results of the state’s use of technology to improve service delivery, increase capacity, streamline operations and achievement of policy goals. Since the last …