API data reportedly show a hefty weekly climb in U.S. crude supplies; EIA delays oil data release
The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 5.6 million barrels for the week ended June 17, according to sources....
Red Robin CEO Murphy to retire at the end of the year
Red Robin Gourmet Burgers Inc. said late Wednesday that Chief Executive Officer Paul Murphy will retire at the end of the year, when his employment...
Occidental Petroleum shares steady after latest Berkshire Hathaway purchase revealed
Occidental Petroleum shares were steady in premarket trade after Berkshire Hathaway disclosed it bought another 9.5 million shares, to take its stake to 152.7 million...
AstraZeneca, Ionis plan to seek FDA approval for rare-disease therapy this year
U.S.-listed shares of AstraZeneca were up 2.5% in trading on Tuesday after the company said an experimental therapy for hereditary transthyretin-mediated amyloid polyneuropathy met its...
GE opens claims process to compensate harmed investors
General Electric Co. said Tuesday that it has opened the claims process for the GE Fair Fund, which was established to compensate investors "harmed" by...
Gold futures settle with a modest loss
Gold futures settled Tuesday with a modest loss as U.S. traders returned from a three-day holiday weekend. Weakness in the U.S. dollar helped provide support...
U.S. oil futures end higher to recoup a portion of last week’s loss
Oil futures climbed Tuesday, with U.S. prices recouping a portion of the more than 9% loss last week. "The oil market remains too tight over...
Department stores are at risk from an ‘unprecedented’ level of excess inventory, analysts say
Department stores, like Nordstrom Inc. , Macy's Inc. , Kohl's Corp. and Dillard's Inc. are at risk from what analysts call an "unprecedented" amount of...
Dow jumps more than 600 points as U.S. stocks end sharply higher Tuesday
The U.S. stock market closed sharply higher Tuesday, with the S&P 500 bouncing from its worst week since March 2020 as investors bought the dip...