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[naviga:h3]Halliburton slashes jobs amid slowdown in drilling[/naviga:h3]

HOUSTON — Halliburton said Friday that it cut more than 6,000 jobs in the first quarter, continuing a purge at the oilfield-services company that has reduced its work force by one-third since late 2014.

The company revenue in the first quarter fell to $4.2 billion, a 40 percent decline from the first quarter of 2015. That’s in line with the average analyst estimate of $4.2 billion, according to FactSet.

Halliburton has been slammed by the slowdown in drilling since oil prices began falling in mid-2014. It is more concentrated in North America than rival Schlumberger, and that has hurt it.

Houston-based Halliburton expects industry spending on drilling and production in North America to drop 50 percent this year after a 40 percent decline last year.

[naviga:h3]Fiat Chrysler recalling 1.1M cars, midsize SUVs[/naviga:h3]

DETROIT — Fiat Chrysler said Friday it’s recalling more than 1.1 million cars and midsize SUVs worldwide because drivers can’t tell if they’ve put the vehicles in park. The confusion can increase the risk of a rollaway accident.

The recall covers the 2012-14 Dodge Charger and Chrysler 300 sedans and the 2014-15 Jeep Grand Cherokee SUV.

FCA is recalling 811,586 vehicles in the U.S.; 52,144 vehicles in Canada; 16,805 in Mexico; and 248,667 outside North America.

The vehicles have an electronic shift lever that moves forward or backward to let the driver select the gear instead of moving along a track. A light shows which gear is selected, but to get from “drive” to “park,” drivers must push the lever forward three times.

The vehicles sound a chime and issue a dashboard warning if the driver’s door is opened while they aren’t in “park.” But the push-button ignition doesn’t shut off the engine, increasing the risk of the vehicles rolling away after drivers have exited.

FCA said it’s aware of 41 injuries potentially related to the problem.

[naviga:h3]Gas prices climb 8 cents per gallon in last 3 weeks[/naviga:h3]

CAMARILLO, Calif. — The average price of gasoline has jumped by 8 cents over the past three weeks to $2.18 a gallon for regular grade.

Industry analyst Trilby Lundberg said Sunday that the hike is partly due to crude oil prices edging up. The price at the pump has gone up 41 cents over the past nine weeks.

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