U.S. crude oil rose more than 2% on Monday to top $80 per barrel, adding to last week's gains.West Texas Intermediate surged nearly 4% last week, snapping a three-week decline and its best weekly performance since early April. Oil prices...
A federal judge in Texas on Monday dismissed a controversial lawsuit by Exxon Mobil against activist shareholder Arjuna Capital over a climate proposal, ruling that the firm's promise it would not resubmit the proposal had rendered the case moot. "Arjuna...
A demonstrator dressed all in black kicks back with his foot a puck of tear gas fired by police in their direction, during a demonstration against fascism and the National Rally party, in Lyon, France, June 16, 2024. Matthieu Delaty |...
Autodesk president and CEO Andrew Anagnost.AutodeskStarboard Value sued software maker Autodesk on Monday to delay the company's annual meeting and reopen the board nominating window and allow the activist to mount a proxy fight.Activists can typically only begin a proxy fight, involving the...
Car payments have skyrocketed in recent years due to a combination of high prices and high interest rates. While some relief may come soon, industry insiders say prices may still remain high for quite some time.As of May, customers were...
The Federal Reserve left rates unchanged last week and signaled that only one cut is expected before the end of the year. That means anyone who carries a balance on their credit card won't be getting much of a break...
The timing of cuts from the Federal Reserve is looking uncertain, but fixed income investor Jeffrey Gundlach has a way to play the theme: BB-rated bank loans. Central bank policymakers kept rates steady at the conclusion of their June meeting...
Apple CEO Tim Cook gestures during the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | ReutersApple said on Monday that it has stopped issuing loans through Apple Pay Later, its buy-now-pay-later...
Check out the companies making headlines in midday trading: Virgin Galactic — The struggling space company slid 15% as the stock's 1-for-20 reverse stock split took effect. The company was trying to get its stock back above $1 a share...
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. Brendan McDermid | ReutersGameStop shares dropped to session lows Monday after the company's highly...
