Oil & gas producer Cimarex on Monday announced that it will acquire Resolute Energy for $1.6 billion, including debt. The deal represents a premium of about 15% to Resolute's shareholders based on Friday's closing…
The National Association of Home Builders reported Monday that contractor confidence plunged in November to an index score of 60. That's also well below the consensus expectation of economists.
By Thanksgiving Day, gas prices will have dropped about 25 cents a gallon in about six weeks according to travel site Gasbuddy.com. That's good news, although tempered by the knowledge that this year's price…
GE has brought back retired vice-chairman John Rice to serve as chairman of its Gas Power business, one of two new units being carved out of its Power segment. Can this really turn the…
On Friday, PG&E filed a report with the California Public Utilities Commission noting a second outage on one of its distribution lines in the area of the deadly Camp Fire in northern California.
Carlos Ghosn, one of the auto industry's highest paid and most successful executives, has been removed from his role as chairman of Nissan following an internal investigation revealed financial shenanigans.
The U.S. land-based oil rig count rose by two this week to a total of 888. Crude oil spot prices dropped to a low not seen since last year at this time.
Senators Bernie Sanders and Ro Khanna have introduced legislation to require Walmart and other large companies to pay a minimum wage of $15 an hour before the firms would be allowed to repurchase shares.
The bankruptcy of Toys "R" Us and Babies "R" Us left behind a significant opportunity for other retailers to win new sales. The competition is stiff and consumers are making their choices.
In comments on a conference call with analysts and investors, the president of the California Public Utilities Commission said that the commission did not want PG&E to go bankrupt. That statement reassured investors who…
PG&E, AGNC Investment Corp, J.C. Penney, and Encana all posted new 52-week lows Thursday.
Caterpillar, Cisco, 3M Company, and JPMorgan Chase were the drivers of the Dow's Friday gain.
The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
The U.S. natural gas stockpile rose a bit more than expected last week and prices for the fuel have dropped by some 14% since yesterday's high.
With Thanksgiving holiday travel officially beginning Friday, here are some tips on what food items travelers can carry on and what must be in checked baggage. And, yes, turkeys can fly.
Automakers' names for their self-driving technology may mislead consumers into thinking the systems are more capable than they are. AAA research cautions that these systems, while good, have limited capabilities.
European auto sales in October recovered somewhat from a massive September decline but still posted a decline. For the year to date, however, sales are up slightly.
Walmart reported third-quarter results Thursday morning that beat bottom-line estimates but missed on the top line. U.S. e-commerce sales jumped more than 1% in the quarter.
Utility company PG&E has reported an outage on a power transmission line near the site of the Camp Fire raging through northern California. Investors are pulverizing the stock price.
One of Ohio's largest banks, Nationwide, has announced that it is firing 1,100 workers across the country. The first 430 were notified Tuesday.
