Energy industry analysts at Credit Suisse have downgraded three oil and gas exploration and production companies citing low prices, continuing oversupply, and declining production from existing fields.
Hess and Hess Midstream Partners have announced a $6.2 billion transaction that will convert the MLP to a corporation and is expected to boost investor returns significantly.
The 2019 U.S. holiday shopping season is forecast to see year-over-year growth ranging from less than 4% to more than 5%.
Do the injuries to the patients made ill from vaping resemble those in people exposed to mustard gas? One researcher thinks so.
Tesla reported record-breaking production and deliveries in the third quarter, but, once again, the company overpromised and underdelivered.
Challenger, Gray & Christmas on Thursday released its job-cuts report for September, showing that more than 41,000 planned U.S. job cuts were announced last month, a decrease compared with August job cuts.
The dramatic drop in drilling for oil in conventional basins could limit additions to future reserves.
Year-to-date U.S. sales for most automakers trail 2018 sales for the same period. But the declines are generally modest, however, with one significant exception.
Delta Air Lines on Thursday reported September operations that had some high points and some low ones. The low ones caught more attention.
A New York bankruptcy court is scheduled to rule Thursday on Sears Holdings' reorganization plan. Vendors who have not been paid want the court to convert the Chapter 11 reorganization to a Chapter 7…
Applications for new mortgage loans rose last week both as a response to slightly lower interest rates and a sharp increased in mortgage refinancing.
Costco Auto Program and GM on Tuesday kicked off their annual holiday season promotional featuring supplier pricing on 2019 and 2020 model year GM vehicles and incentives, along with a Costco rewards card.
Five drugmakers are considering a proposal that would have them contribute to a trust established as part of the bankruptcy settlement by Purdue Pharmaceuticals and be released from liability in the hundreds of other…
U.S. Steel has acquired a minority stake in privately held steelmaker Big River Steel for $700 million. The steelmaking giant has a four-year option to purchase the remaining stake.
Two mall owners had discussions with Forever 21 prior to the retailer's Chapter 11 filing over the weekend. The discussions fell through, but could resume later.
A potential order once valued at around $40 billion that would have been split between Boeing and Airbus has been shelved.
The national average gasoline price dropped by nearly two cents a gallon over the past week. Except in California and along the West Coast where refinery outages have sent prices sharply higher.
Treasury Secretary Mnuchin has outlined an agreement that allows Fannie Mae and Freddie Mac to begin retaining their earnings instead of sending essentially all their profits to the Treasury.
Private equity giant Blackstone announced Monday that it is acquiring the light warehouse assets of Colony Capital for $5.9 billion. This is Blackstone's second major warehouse acquisition this year.
A hot war between Saudi Arabia and Iran would push crude oil prices "unimaginably" high, according to Saudi Crown Prince Mohammed bin Sultan. How likely is such a war?
