Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped Friday, after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue...
Oil prices remain on track for weekly gains ahead of U.S. inflation data
Oil futures advanced on Friday morning, with both U.S. and global benchmark prices headed for weekly gains as investors awaited the release of U.S. inflation data...
Newell’s stock rallies on revenue beat as it boosts margins and carries out restructuring plan
The parent company of Rubbermaid, Sharpie, Mr. Coffee, Elmer’s glue and more said it lost $9 million, or 2 cents a share in the first...
Tesla’s December recall of 2 million vehicles over Autopilot now subject of regulatory probe
The U.S. National Highway Traffic Safety Administration said Friday it has launched an investigation of Tesla Inc.’s December recall of 2 million vehicles that were...
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.
China’s former CBDC chief is under government investigation
China investigating Yao Qian, the former head of the Digital Yuan project. Local media reports say Yao is under probe for “violations of discipline and...
Centene’s stock jumps premarket after earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.
Finding bird flu in dairy cows means ‘turbulent times ahead’ for livestock industry
News that the U.S. government detected the bird flu virus in milk samples from sick cows in a number of states caught the attention of...