Latest Corporate stock News

Closing prices for crude oil, gold and other commodities

Jun. 15, 2021 15:41 PM EDT

Benchmark U.S. crude oil for July delivery rose $1.24 to $72.12 a barrel Tuesday. Brent crude oil for August delivery rose $1.13 to $73.99 a barrel. Wholesale gasoline for July delivery remained unchanged at $2.17 a gallon. July heating remained unchanged at $2.11 a...

Closing prices for crude oil, gold and other commodities

Jun. 14, 2021 15:51 PM EDT

Benchmark U.S. crude oil for July delivery fell 3 cents to $70.88 a barrel Monday. Brent crude oil for August delivery rose 17 cents to $72.86 a barrel. Wholesale gasoline for July delivery fell 2 cents to $2.17 a gallon. July heating fell 1 cent to $2.11 a gallon. July...

Lordstown Motors' rough road continues; CEO and CFO are out

Jun. 14, 2021 14:14 PM EDT

The top two executives at Lordstown Motors have resigned as problems at the Ohio electric truck startup mount. CEO Steve Burns and Chief Financial Officer Julio Rodriguez stepped down, the company said Monday, sending shares already down 40% this year tumbling more than...

Closing prices for crude oil, gold and other commodities

Jun. 11, 2021 15:59 PM EDT

Benchmark U.S. crude oil for July delivery rose 62 cents to $70.91 a barrel Friday. Brent crude oil for August delivery rose 17 cents to $72.69 a barrel. Wholesale gasoline for July delivery fell 2 cents to $2.19 a gallon. July heating fell 2 cents to $2.12 a gallon. July...

2-year sentence for man convicted of insider Amazon trading

Jun. 11, 2021 12:26 PM EDT

SEATTLE (AP) — A Washington state man who admitted using inside information from his wife about Amazon to trade the company's stock has been sentenced to 26 months in prison. Viky Bohra, 37, received the sentence Thursday for illegally trading Amazon stock after...

Closing prices for crude oil, gold and other commodities

Jun. 10, 2021 16:35 PM EDT

Benchmark U.S. crude oil for July delivery rose 33 cents to $70.29 a barrel Thursday. Brent crude oil for August delivery rose 30 cents to $72.52 a barrel. Wholesale gasoline for July delivery rose 1 cent to $2.21 a gallon. July heating rose 1 cent to $2.14 a gallon. July...

GameStop names Amazon veteran as CEO; sales accelerate

Jun. 09, 2021 18:49 PM EDT

NEW YORK (AP) — GameStop, the video-game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it’s brought on a pair of Amazon veterans as its new chief executive and chief financial officer to aid in its much anticipated digital turnaround. ...

Closing prices for crude oil, gold and other commodities

Jun. 09, 2021 16:03 PM EDT

Benchmark U.S. crude oil for July delivery fell 9 cents to $69.96 a barrel Wednesday. Brent crude oil for August delivery was unchanged at $72.22 a barrel. Wholesale gasoline for July delivery fell 2 cents to $2.20 a gallon. July heating was unchanged at $2.13 a gallon....

Trump-linked tycoon to take Dubai developer DAMAC private

Jun. 09, 2021 07:59 AM EDT

DUBAI, United Arab Emirates (AP) — The billionaire founder of one of Dubai’s largest developers, DAMAC Properties, announced on Wednesday his intention to take the company fully private by buying its publicly traded shares in a move that would delist it from the local stock exchange. ...

Asian shares mixed as China reports jump in inflation

Jun. 09, 2021 00:14 AM EDT

Asian shares were mixed on Wednesday after China reported a big jump in factory gate prices at a time when inflation is a top investor concern. Shares fell in Tokyo, Seoul and Sydney but rose in Shanghai and Hong Kong. China's producer price index,...