Private employers add 237000 jobs in August signals strong labor market
ADP reports private payrolls rose by 237000 in August, beating forecasts of 185000. June and July revisions show broad gains across industries, with factory payrolls up 16000 and construction adding 18000 as labor shortages loom. The data suggest Friday’s Labor Department figures may exceed expectations.
MENTIONED IN THIS ARTICLE
Washington
Mark Zandi
Moody’s’ Analytics
ADP
Commerce Department
Refinery Closures Hit Gulf Coast Amid Harvey Disruption
An aerial view shows the Flint Hills refinery near Houston as Tropical Storm Harvey hits. The Motiva Port Arthur refinery began a 5 am shutdown with more than a dozen Gulf Coast facilities halting or reducing output. Analysts warn of higher gasoline prices if damage is extensive and reopenings are slow. Offshore platforms evacuated from 102 of 737 as Harvey worsens the energy disruption.
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Harvey
U.S
Motiva
Port Arthur
Texas
Corpus Christi
Beaumont
Gulf Coast
Greater Houston
Houston-Galveston
Lake Charles
Michael Webber
Energy Institute
University of Texas, Austin
Webber
Gulf
U.S. Bureau of Safety and Environmental Enforcement
Saudi Arabia
State Oil Company
Expedia CEO Dara Khosrowshahi to lead Uber
Dara Khosrowshahi, Expedia chief, accepts Uber's offer to become CEO. The board confirms his appointment, aiming to guide Uber after Travis Kalanick's resignation and steer development of products, culture, and driver and rider value.
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San Francisco
Dara Khosrowshahi
Expedia
Uber
Khosrowshahi
Dara
Travis Kalanick
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Los Angeles Times
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Laura J. Nelson
Experian Exec
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Ers
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Arran
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