Asian shares falter, dollar jumps as Powell dampens hopes for more rate cuts
Asian shares fell to six-week lows on Thursday and the dollar rose after the U.S. Federal Reserve delivered a 25-basis-p...
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Whiting Petroleum cuts 254 jobs
Whiting Petroleum said on Wednesday it has reduced its workforce by 33%, or 254 jobs, as the oil and gas producer looks...
Oil prices firm amid OPEC supply cuts, U.S. sanctions on Iran and Venezuela
Oil prices were firm on Friday, supported by ongoing supply cuts led by producer club OPEC and by U.S. sanctions on petr...
American Airlines cuts first-quarter revenue guidance on 737 Max troubles
The company reduces its total expected revenue per seat mile, a key industry measure of performance, to flat-to-up to 1%...
Morgan Stanley cuts Tesla price target and lowers Model S and Model X sales forecast
Tesla's disappointing first quarter delivery number led Morgan Stanley analyst Adam Jonas to lower his price target...
Boeing cuts 737 MAX output in wake of two deadly crashes
Boeing Co said on Friday it plans to cut its monthly 737 aircraft production by nearly 20 percent in the wake of two dea...
Elite U.S. school MIT cuts ties with Chinese tech firms Huawei, ZTE
The Massachusetts Institute of Technology (MIT) has severed ties with Huawei Technologies and ZTE Corp as U.S. authoriti...
MIT cuts collaborations with Chinese tech firms Huawei, ZTE
The Massachusetts Institute of Technology (MIT) said on Wednesday it has cut collaborations with Huawei Technologies and...
Oil hits 2019 high on OPEC cuts, concerns over demand ease
Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuela...
First quarter growth starting to look stronger, despite recession scare and calls for rate cuts
Economists are ratcheting up growth forecasts for the first quarter, after some better manufacturing and construction da...
DowDupont cuts its sales forecast as Midwest floods hit its agri division
DowDuPont cut its forecast for first-quarter sales on Thursday, citing the impact of U.S. Midwest floods on its agri bus...
Southwest cuts revenue outlook on Boeing 737 Max groundings
Southwest Airlines cut its revenue outlook following the grounding of its Boeing 737 Max planes and raised its cost outl...
Southwest cuts forecast for revenue performance measure after 737 Max groundings
Southwest Airlines Co said on Wednesday the recent groundings of Boeing 737 MAX planes would lead to its first-quarter r...
Tesla analyst cuts Model 3 forecast, now sees bear market in stock ahead
RBC Capital Markets says delivery issues and lackluster demand will plague Tesla earnings; analyst Spak cuts his stock f...
Oil dips amid weak demand growth, but OPEC-led supply cuts support
Oil prices dipped on Tuesday amid tepid prospects for growth in fuel demand, but OPEC-led efforts to cut output offered...
Oil advances as OPEC set to continue supply cuts despite U.S. pressure to ease
Oil prices rose on Wednesday after a report of declining U.S. crude inventories and as producer club OPEC seemed to stic...
Standard Chartered resets growth targets with cost cuts, divestment plans
Standard Chartered PLC has unveiled plans to double returns and dividends in three years by cutting $700 million in cost...
HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing
Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the U.S. Securiti...
Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent
Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanction...
Exclusive: Tesla's delivery team gutted in recent job cuts - sources
When Tesla Inc announced last month a second round of job cuts to rein in costs, one crucial department was particularly...