West Texas Intermediate crude prices are surging today, 3.1% in afternoon trading, as Hurricane Sally bears down on the U.S. Gulf Coast, putting both offshore oil production, and the dozens of refineries along the coast, at risk. Brent Crude, a benchmark for European oil that pl
With nearly half of the month behind us, it’s easy to see that September is living up to tradition. Most of the major indexes are in the red for the first half of the month, with the Dow down over 26%, the S&P down over 11% and the Russell 2000 also down more than 11%. The
The stock value of cruise ship company Carnival Corporation (NYSE: CCL) ran aground on the economic reefs of COVID-19 today after the company released a preliminary summary of the results of its third quarter ended Aug. 31. News of an almost $3 billion loss during Q3 sent invest
Apple (NASDAQ: AAPL) announced many new products at its launch event on Tuesday, including the eighth-generation iPad, a new iPad Air, and the Apple Watch Series 6. But to go along with these new hardware products, the company is launching a new subscription service called Apple
What happened
Shares of Fiat Chrysler Automobiles (NYSE: FCAU) were trading higher on Tuesday afternoon. FCA and French automaker Peugeot (OTC: PUGOY) said in a joint statement that they have agreed to revise the terms of their merger agreement, which will create the world's fou
For years, the Trump Administration has waged an on-again, off-again (but mostly on-again) trade war against the Chinese government. Among other sanctions targeting the communist government for everything from domestic human rights abuses to international cyberhacking, intellect
What happened
Shares of Tortoise Acquisition (NYSE: SHLL) were trading higher on Tuesday afternoon. The special purpose acquisition company is set to merge with electric truck drivetrain maker Hyliion, and it confirmed on Tuesday that its shareholders will vote on the merger pro
What happened
Shares of movie theater operator AMC Entertainment Holdings (NYSE: AMC) were higher by 6% at around 11 a.m. EDT. After that swift rise, however, the stock began to cool off some, only holding on to a 1.5% gain by 2 p.m. EDT. There was a notable update from the comp
Just hours after announcing a new, upbeat outlook and active strategic plan, Kraft Heinz (NASDAQ: KHC) made public a $3.2 billion deal to sell off many of its major cheese brands to Groupe Lactalis. The move is apparently part of Kraft Heinz's strategic streamlining of its busi
The stock market surged on Tuesday, led higher by rallying tech stocks. The Dow Jones Industrial Average (DJINDICES: ^DJI) had gained 0.45% by 1:30 p.m. EDT.
(RTTNews) - The Switzerland stock market started off on a cautious note Tuesday morning, but kept edging higher and higher as the day progressed to eventually end the session on a firm note.
The COVID-19 pandemic has accelerated the trend toward cashless transactions and the digit economy, according to a new survey by mobile payment company Square (NYSE: SQ).
Global economies may be reopening after COVID-19-triggered lockdowns, but the pandemic isn't offering Caterpillar (NYSE: CAT) any respite yet. Each month, Caterpillar releases statistics for its global retail machinery sales for the previous three-month rolling period to offer i
Park Hotels and Resorts (NYSE: PK) saw its stock price jump almost 9% on Monday after the hotel real estate investment trust (REIT) issued a business update that showed some positive momentum. The REIT, which owns 60 hotels, reported that 46, or 77% of its hotels, are now open a