Industrials

Trade panel: Boeing got unfair US tax break, hurting Airbus

Delivering final word in a nearly 14-year standoff, a World Trade Organization body has ruled Boeing received U.S. subsidies via tax breaks from Washington state that damaged sales of aircraft made by European archrival Airbus.

CEO apologizes for fire at Texas petrochemical tank facility

The chief executive of a Houston-area petrochemical storage company has apologized more than a week after a fire erupted, causing school closures , an order for residents to stay indoors and the partial closure of a critical commercial waterway.

Business Highlights

___ Prime Minister May says she'll step down if Brexit deal OK'd LONDON (AP) — British Prime Minister Theresa May has told Conservative lawmakers she will step down once her European Union divorce is delivered.

Southwest says grounded jets contribute to lower revenue

Southwest Airlines says thousands of canceled flights, including 2,800 due to grounding its Boeing 737 Max 8 jets, are contributing to weaker bookings and $150 million less in first-quarter revenue than previously expected.