Author: <span class="vcard">Paul Ausick</span>

The Raytheon-United Technologies merger was officially completed Thursday and the Raytheon Technologies began trading Friday morning on the NYSE under the ticker symbol RTX.
Paul Ausick
The members of OPEC along with Russia and others are expected to meet Monday to discuss reducing crude production by up to 10 million barrels a day. The United States may not be present in person but...
Paul Ausick
Credit rating agency Fitch Ratings has updated its global economic forecast and now expects the coronavirus pandemic to cause a global recession this year as economic activity tumbles by nearly 2%.
Paul Ausick
The U.S. Federal Trade Commission has filed a lawsuit alleging that Altria Group's $12.8 billion investment in e-cigarette maker Juul violated various U.S. antitrust laws.
Paul Ausick
Boeing has announced a voluntary layoff for eligible employees but the company did not provide specific details which it said would be coming in three to four weeks.
Paul Ausick
U.S. companies announced more than 222,000 job cuts in March, a year-over-year increase of nearly 300%. The vast majority of the job losses were attributed to the outbreak of COVID-19.
Paul Ausick
Lyft shares jumped after the company said it would expand its offerings to include a range of services to help meet the needs of its customers as the coronavirus crisis forces more cities to impose...
Paul Ausick
Oil and gas producer Whiting Petroleum has filed for bankruptcy reorganization in which the company is essentially exchanging debt for new stock and new owners.
Paul Ausick
Traffic to big-box stores like Walmart, Costco and Target jumped in the first part of March but declined as stay-at-home orders were widely implemented. Will the traffic return or are consumers going...
Paul Ausick
Until late Monday, Amarin continued to get good news relevant to Vascepa, its treatment for cardiovascular disease. The big news, though, was lurking in Nevada federal district court.
Paul Ausick
Crude oil storage tanks around the world are filling up and rising production combined with lower pricing from Saudi Arabia is on track to oust the U.S. as the world's top crude producer.
Paul Ausick
Home prices rose by 3.9% year over year in January. The onset of COVID-19 will begin to be felt in home prices in February according to S&P CoreLogic, which compiles the Case-Shiller home price index.
Paul Ausick
Canadian pot grower Tilray has released 11 million shares of common stock that had been subject to a lockup period following the company's merger with its largest holder last September.
Paul Ausick
There is plenty of competition among companies wanting to sell coronavirus test kits. Aytu Biosciences has placed a bet on its ability to help beat the coronavirus outbreak.
Paul Ausick
U.S. retail gasoline prices have begun the week at an average per gallon of $1.97, the lowest average in four years, according to analysts at GasBuddy.
Paul Ausick