Beleaguered utility PG&E has reached agreement with a group of bondholders that would allow the company's bankruptcy reorganization plan to proceed. California Governor Gavin Newsom remains as the last significant hurdle for the company,…
Consumer products giant Procter & Gamble reported second fiscal quarter results before markets opened Thursday morning. Earnings were better than expected, but revenues fell short. A revised outlook also fell a little short of…
Energy infrastructure provider Kinder Morgan reported fourth-quarter and full-year results after markets closed Wednesday. Earnings were a bit better though revenues were lower. But the company reaffirmed a dividend hike and lower debt.
Canada-based pot grower Organigram had the same up-in-smoke year as most of the country's other cannabis producers. The company may get back on track this year.
On Tuesday, Boeing announced that it now expects recertification of the company's 737 Max passenger jet to occur by mid-summer, months later than generally expected. Analysts comments on the announcement followed close behind.
After a rocky first week of 2020, consumer sentiment has once again turned positive, according to analysts at Morning Consult.
Health care giant Johnson & Johnson reported fourth-quarter and full-year 2019 results Wednesday morning. The company posted narrow beats and investors have reacted coolly to guidance.
IBM reported fourth-quarter and full-year 2019 results after markets closed Tuesday. Big Blue did better than expected on both the top and bottom lines.
The IMF on Tuesday released the latest revision of its World Economic Outlook, just in time for the start of the World Economic Forum in Davos.
Oilfield services firm Halliburton reported fourth-quarter and full-year 2019 results Tuesday morning. The company took an impairment charge but managed to beat lowered earnings and revenue estimates.
CenturyLink won a federal order valued at $1.6 billion over the next 13 years in a federal contracting program that is authorized to spend $50 billion.
Recent geopolitical events in the Middle East caused world oil prices to spike but the effect was soon reversed. The overall balance in global oil supply and demand should continue at least through the…
Marijuana stocks like Tilray were beaten up badly in 2019. Will 2020 get the industry back in the black?
New car sales in the European Union rose over 1% year over year in 2019 to more than 15 million vehicles. U.S. automakers Ford and Fiat Chrysler both posted lower year-over-year sales totals.
While the number of women who replaced departing CEOs went up in 2019, as a proportion of all replacement CEOs, the percentage slipped for the first time in 10 years.
The easing of trade tensions between the United States and China is expected to lift global economic growth in 2020. OPEC expects demand for oil to put a strain on supplies, raising prices for…
Goldman Sachs reported fourth-quarter and full-year 2019 results Wednesday morning that missed on profits but beat on revenues. A litigation charge of $1.1 billion gets the blame.
Big-box retailer Target said Wednesday morning that holiday season comparable sales rose by 1.4%, well below expectations.
MGM Resorts is selling its MGM Grand Las Vegas real estate assets to a new joint venture between MGM's own real estate arm and an affiliate of Blackstone for around $2.5 billion.
Credit card giant Visa on Monday announced that it is acquiring venture-funded fintech company Plaid for $5.3 billion. Visa bided its time before entering the fintech fray, but this deal was worth the wait.
