A U.S. Supreme Court ruling Monday gives the president the authority to fire the director of the Consumer Financial Protection Bureau at will. That authority also like extends to the director of the Federal…
UK-based oil major BP has agreed to sell its global petrochemical business to privately held Ineos for $5 billion. This is only the second-largest deal the two companies have done together.
The Federal Aviation Administration has given a green light to flight testing of Boeing's 737 Max, following more than a year of grounding following crashes that killed 346 people.
While gas prices have been creeping higher, they are on track to post a 16-year low for the July 4 holiday weekend. The reason for the decline is down to lack of demand due…
Chinese lithium-ion battery maker CBAK announced an agreement that implies financial help is on the way to expand the company's production capacity. Details are a little thin.
A new study from Consumer Reports magazine calculates that about half of all U.S. automobile-related deaths could be avoided if currently available technology were available in all U.S. cars.
Oil and gas producer Chesapeake Energy filed for bankruptcy Sunday claiming $10 billion in assets and $50 billion in liabilities.
Amazon announced Friday that it had acquired driverless technology startup Zoox for an undisclosed sum. The deal was first rumored last month.
The University of Michigan index of consumer sentiment rose for the second month in a row in June, but remains about 20% lower than at the same point last year.
With rising uncertainty of how quickly the economy can recover from the coronavirus pandemic, the outlook for banks of any size is not particularly rosy.
The Federal Reserve Bank on Thursday released the results of its required stress tests on the nation's biggest banks.
Occidental Petroleum has announced an offer to repurchase some $1.5 billion in outstanding senior debt and filed to offer new debt with longer maturities.
Rite Aid stock jumped by more than 25% after reporting first-quarter earnings Thursday morning. We've seen this action before.
In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
Short interest in solar and alternative energy stocks was mixed during the two-week reporting period that ended on June 15. One alt energy stock doubled in value during the period.
The International Air Transport Association has proposed that countries replace mandatory quarantines for foreign travelers with a series of measures the group says will protect passengers and get airplanes flying again.
Hydrogen fuel cell producer Plug Power closed two acquisitions on Wednesday and lifted its revenue and profit targets for 2024.
U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
Dell reportedly has begun exploring options for its 81% stake in cloud-storage company VMware.
A new study shines a light on inequality among racial and ethnic groups in the Silicon Valley.
