U.S. airlines' offers to employees to take early retirement or other extended leaves are being accepted by significant proportions of employees as both the airlines and the employees try to avoid furloughs and forced…
Online marketplace eBay is reportedly near an agreement to shed its classified ad business. The expected buyer is Norway's Adevinta, Europe's largest online classified ad seller.
Walmart has confirmed that it the company will restart discussions with potential buyers for its U.K. Asda grocery chain.
Record-low mortgage rates have led to a jump in applications for refinancing. But lenders are becoming more cautious.
Oilfield services firm Halliburton reported better-than-expected results Monday morning, giving the shares a much-needed boost.
Chevron announced Monday that it has agreed to acquire Noble Energy in an all-stock deal valued at $13 billion including Noble's debt.
Loan servicer Ocwen got a big lift following Thursday's announcement that the company expects to post positive net income in the second quarter. Maybe the company has put a long run of bad years…
Goldman Sachs has cut its rating on Chinese electric vehicle maker Nio to Sell as the firm sees no evidence of either volume or profit improvements.
In the first half of 2020, the rate at which women have been named to replace departing CEOs reached a record rate. More effort is still needed, however.
U.S. travelers have shunned travel during the COVID-19 pandemic, but the drop in air travel has been substantially greater than the decline in automobile travel.
The run-up in equity prices related to the COVID-19 outbreak combined with the federal government's efforts to soften the financial damage due to the pandemic have driven equity prices sharply higher. Inevitably, some stocks…
Economic reports on unemployment claims, manufacturing, and retail sales present a mixed view on how the United States is coping with the COVID-19 pandemic.
New car sales have dropped by about a third in the second quarter of this year as buyers had to deal with the effects of the pandemic. Carmakers and dealers revved up their online…
After a torrid rise in 2019, investor enthusiasm for semiconductor stocks has cooled somewhat. Still, most chip stocks continue to add to their share prices even if the gains are more moderate. Is there…
Walmart will adopt a new policy on July 20 requiring all customers at its Walmart and Sam's Club stores to wear a facemask.
The U.S. Air Force's top acquisitions official has suggested that the Defense Department may have to nationalize some parts of the supply chain in order to overcome a shrinking defense industrial base.
Customer loyalty is the holy grail for automakers. Building that loyalty costs money and takes time. New research from J.D. Power shows which automakers have the most loyal customers.
Trading revenues soared at Goldman Sachs during the second quarter, offsetting even a big jump in the bank's provision for losses.
The European Union's second-highest court handed Apple and Ireland a victory in their fight against a European Commission ruling that Apple should repay nearly $15 billion in taxes for its operations in Ireland.
Ford launched the first new Bronco models in nearly 25 years on Monday.
