Latest Corporate stock News

Closing prices for crude oil, gold and other commodities

Apr. 3, 2020 4:19 PM EDT

Benchmark crude oil rose $3.02 to settle at $28.34 a barrel Friday. Brent crude oil, the international standard, rose $4.17 to $34.11 a barrel. Wholesale gasoline rose 3 cents to 69 cents a gallon. Heating oil rose 7 cents to $1.07 a gallon. Natural gas rose 7 cents to $1.62 per 1,000 cubic feet. Gold rose $8 to...

FILE - This Wednesday, March 18, 2020, file photo, shows a Tesla charging station for automobiles in Port Huron, Mich. Tesla's sales of its increasingly popular electric cars got off to a fast start in the year, even though the company had to slam the brakes along with other major automakers in March 2020 because of worldwide efforts to contain the worst pandemic in a century. (AP Photo/Paul Sancya, File)

Tesla's 1Q car sales surged before pandemic shut things down

Apr. 2, 2020 7:51 PM EDT

BERKELEY, Calif. (AP) — Tesla's sales of its increasingly popular electric cars got off to fast start this year, even though the company had to slam the brakes along with other major automakers last month because of worldwide efforts to contain the worst pandemic in a century. The Palo Alto, California,...

Closing prices for crude oil, gold and other commodities

Apr. 2, 2020 3:43 PM EDT

Benchmark crude oil rose $5.01 to settle at $25.32 a barrel Thursday. Brent crude oil, the international standard, rose $5.20 to $29.94 a barrel. Wholesale gasoline rose 12 cents to 66 cents a gallon. Heating oil rose 6 cents to $1 a gallon. Natural gas fell 4 cents to $1.55 per 1,000 cubic feet. Gold rose...

FILE - This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. Japanese technology company SoftBank Group Corp. ended on Thursday, April 2, 2020,  its tender offer of up to $3 billion worth of shares in office-space rental venture WeWork. (AP Photo/Mary Altaffer, File)

Japan's SoftBank ends WeWork tender, remains behind bailout

Apr. 2, 2020 3:39 AM EDT

TOKYO (AP) — Japanese technology company SoftBank Group Corp. called off its offering of up to $3 billion worth of shares in office-space rental venture WeWork, though it remains committed to its $5 billion bailout of the financially troubled company. The main loser in the offer's failure is WeWork...

Sen. Kelly Loeffler, R-Ga., waits to speak during a television interview on Capitol Hill in Washington, Friday, March 20, 2020. (AP Photo/Susan Walsh)

Georgia Sen. Loeffler gets renewed scrutiny over stock moves

Apr. 1, 2020 7:04 PM EDT

WASHINGTON (AP) — The husband of Georgia Sen. Kelly Loeffler recently acquired as much as $415,000 in stock in DuPont de Nemours, a chemical company that manufactures protective equipment in exceedingly high demand because of the coronavirus pandemic. The transaction, detailed in a mandatory disclosure the...

Closing prices for crude oil, gold and other commodities

Apr. 1, 2020 4:48 PM EDT

Benchmark crude oil fell 17 cents to settle at $20.31 a barrel Wednesday. Brent crude oil, the international standard, fell $1.61 to close at $24.74 a barrel. Wholesale gasoline fell 5 cents to 55 cents a gallon. Heating oil fell 7 cents to 93 cents a gallon. Natural gas dropped 5 cents to $1.59 per 1,000 cubic...

A closed sign is displayed on a Macy's storefront window Monday, March 30, 2020, in San Francisco. Macy's announced that they would furlough a majority of their 130,000 workers after their stores closed due to the virus outbreak. (AP Photo/Ben Margot)

Macy's to be removed from S&P 500; credit rating downgraded

Apr. 1, 2020 12:10 PM EDT

Its market value just a fraction of what it was five years ago, Macy's is being removed from the S&P 500 index. Macy's has been struggling amid competition from discounters and online retailers like Amazon. S&P Dow Jones Global Indices said Tuesday that Macy's will be removed from the benchmark S&P...

FILE - In this Dec. 3, 2018, file photo, a vehicle rests in front of a home leveled by the Camp Fire in Paradise, Calif. California power regulators are weighing a recommendation to back off plans to fine Pacific Gas and Electric an additional $462 million for igniting a series of Northern California 2018 deadly wildfires rather than risk that the harsher punishment will scuttle the utility's plan to emerge from bankruptcy protection, the state's Public Utilities Commission said in a document made public Monday, March 30, 2020. (AP Photo/Noah Berger, File)

Regulators mull reversing $462M increase in PG&E fire fines

Mar. 31, 2020 7:43 PM EDT

BERKELEY, Calif. (AP) — California power regulators are weighing a recommendation to back off plans to fine Pacific Gas and Electric an additional $462 million over a series of deadly Northern California wildfires rather than risk that the harsher punishment might scuttle the utility's plan to get out of...

Closing prices for crude oil, gold and other commodities

Mar. 31, 2020 4:57 PM EDT

Benchmark crude oil rose 39 cents to settle at $20.48 a barrel Tuesday. Brent crude oil, the international standard, fell 2 cents to close at $22.74 a barrel. Wholesale gasoline fell 1 cent to 57 cents a gallon. Heating oil fell 1 cent to $1.01 a gallon. Natural gas dropped 5 cents to $1.64 per 1,000 cubic feet....

Closing prices for crude oil, gold and other commodities

Mar. 30, 2020 4:16 PM EDT

Benchmark crude oil fell $1.42 to close at $20.09 a barrel Monday. Brent crude oil, the international standard, fell $2.17 to $22.76 a barrel. Wholesale gasoline rose 1 cent to 59 cents a gallon. Heating oil fell 5 cents to $1.02 a gallon. Natural gas rose 2 cents to $1.69 per 1,000 cubic feet. Gold fell $3 to...