Oil field work was coming in fast when GoFrac doubled its workforce and equipment fleet at the beginning of last year, just one of hundreds of small oil service companies thriving on the revival of U.S. drilling.
Sectors
BOJ's Kuroda backpedals on yen warning, says weakness not so harmful
Bank of Japan Governor Haruhiko Kuroda said the yen's current weakness was not inflicting severe pain on the economy, toning down an earlier warning to markets against pushing the currency too far down.
Airbus steals show with last-minute $14 billion Wizz deal
Airbus (AIR.PA) won the Paris Airshow with a last-minute $14 billion deal to sell 110 jets to Hungary's Wizz Air on Thursday, diverting attention from a growing industry debate over how quickly a record backlog of jet orders can be built.
General Motors credit ratings raised to 'BBB-' by Fitch
General Motors Co (GM.N) said on Thursday that Fitch Ratings had raised the credit ratings of both GM and GM Financial to investment grade.
U.S. to press China on currency, eye on AIIB: official
U.S. officials will press their Chinese counterparts on currency policy at high-level talks next week, and have not taken off the table the possibility that the United States may one day join a China-led infrastructure bank, a senior U.S. Treasury official said.
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Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers' wallets, according to data provided exclusively to Reuters.
Boeing (BA.N) won breathing space for its struggling jumbo jet on Wednesday with a preliminary deal for 20 of its 747-8 freighters from Russian cargo airline Volga-Dnepr Group.
The U.S. economy is growing moderately after a winter swoon and likely strong enough to support an interest rate increase by the end of the year, but concerns remain over the recovery of the labor market, U.S. Federal Reserve officials said on Wednesday.
The Greek central bank warned on Wednesday that the country would be put on a "painful course" towards default and exiting the euro zone if the government and its international creditors failed to reach an agreement on an aid-for-reforms deal.
Brent crude oil rose on Wednesday as strong demand and falling stockpiles in the United States pushed prices higher.
Japan's export growth slowed for a second straight month in May, with weak external demand now threatening to erode economic growth in the current quarter.
Samsung, the technology giant has announced its undisclosed amount of investment in France-based start up Sigfox, which has recently raised $115 million mega round in venture capital.
Photoshop maker Adobe Systems Inc (ADBE.O) reported a better-than-expected profit for the sixth straight quarter, helped by a 12 percent sequential jump in annualized recurring revenue in its digital media segment.
A year on from the start of one of the biggest oil price crashes in history, the driving force behind the slide remains intact: there is still too much crude.
