April 18, 2019

Exclusive: Venezuela skirts U.S. sanctions by funneling oil sales via Russia

President Nicolas Maduro is funneling cashflow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust […]
April 18, 2019

Wall Street closes slightly higher, industrials lead

Industrials led the S&P 500 and the Dow moderately higher on Thursday after robust U.S. economic data and some healthy corporate earnings reports. Powered by WPeMatico
April 18, 2019

Union Pacific operational overhaul gains traction, shares rise

U.S. railroad operator Union Pacific Corp on Thursday reported a better-than-expected quarterly profit as price increases and cost controls offset the impact of severe winter weather […]
April 18, 2019

Oil prices inch up on signs of tightening global supply

Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs […]
April 18, 2019

Pinterest, Zoom shares surge in market debut after IPOs

Shares of Pinterest Inc surged 25 percent in their debut on Thursday, giving the online scrapbook company a market capitalization of $15.8 billion and signaling increased […]
April 18, 2019

Risk of U.S. ‘profit recession’ eases as results beat forecasts

The initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able […]
April 18, 2019

GM CEO Barra’s pay dipped slightly to just under $22 million in 2018

General Motors Co’s top executive, Mary Barra, received a compensation package worth just under $22 million in 2018, slightly less than the previous year, according to […]
April 18, 2019

Sears sues Lampert, claiming he looted assets and drove it into bankruptcy

Sears Holdings Corp sued longtime former chairman Eddie Lampert, his hedge fund ESL Investments and others like Treasury Secretary Steven Mnuchin, claiming they illegally siphoned billions […]
April 18, 2019

Oil prices little changed despite Saudi export cuts, U.S. stocks draw

Oil futures held steady on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. oil inventories […]
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