Category Archives: Business

Amazon announces Tulsa fulfillment center

Amazon Fulfillment Center, Patterson

Amazon.com today announced plans to open its second Oklahoma fulfillment center in Tulsa, which will create 1,500 full-time jobs with opportunities for employees to engage with robotics technology.

The company recently announced an upcoming fulfillment center in South Oklahoma City.  Amazon currently operates a sortation center in Oklahoma City, where it employs hundreds of associates. Continue reading

EPA’s Scott Pruitt on America’s energy future

EPA Administrator Scott Pruitt

Environmental Protection Agency Administrator Scott Pruitt said America would soon be “energy dominant and energy independent,” a year after President Trump pulled out of the Paris climate accord.

In an interview with the Washington Free Beacon Pruitt called leaving the agreement “historic” and addressed controversy over his leadership at the agency, saying the president fully supports him.    Continue reading

Venezuela’s inflation breaks stock market

Venezuela’s currency devaluation is so out of control the stock market is about to bust. Regulators say they have to lop three zeros off the price of equities on the exchange after determining its computers could no longer handle the swelling values for local shares as the bolivar has tumbled more than 99 percent versus the dollar in the past few years. The change takes effect May 2 according to Bloomberg.com. Continue reading

Helmerich & Payne, Inc. second quarter results

TULSA – Helmerich & Payne, Inc. today reported a net loss of $12 million or $(0.12) per diluted share from operating revenues of $577 million for the second quarter of fiscal 2018. The net loss per diluted share includes $(0.07) of after-tax losses comprised of select items(3). Net cash provided by operating activities was $125 million for the second quarter of fiscal 2018.  Continue reading