Oil Just Off 2-month High Amid Global Supply Concerns
By Stephanie Kelly (Reuters) – Oil prices eased slightly in early Asian trade on Friday, after surging to a two-month…
Headlines
Senate confirms Steven Cliff to lead highway safety agency
DETROIT (AP) — The Senate on Thursday confirmed former California pollution regulator Steven Cliff to run the National Highway Traffic…
Costco Margins Hit By Rising Freight And Labor Costs, Shares Slip
By Ananya Mariam Rajesh (Reuters) – Costco Wholesale Corp reported a fall in gross margins on Thursday, hit by soaring…
Chevron, Union Sign Tentative Pact To End California Refinery Strike
By Erwin Seba HOUSTON (Reuters) -The United Steelworkers union (USW) on Thursday afternoon signed a tentative agreement to end a…
EY Evaluating Strategic Options To Improve Audit Quality
(Reuters) – Ernst & Young is evaluating options to improve their audit quality, Chief Executive Carmine Di Sibio said on…
Chevron, Union Sign Tentative Pact To End California Refinery Strike – Sources
HOUSTON (Reuters) – The United Steelworkers union (USW) on Thursday afternoon signed a tentative agreement to end a nine-week-old strike…
Chipmaker Broadcom To Buy VMware In $61 Billion Deal
By Chavi Mehta and Krystal Hu (Reuters) – Broadcom Inc said on Thursday it will acquire cloud computing company VMware…
Twitter shareholders sue Musk, say he ‘deflated’ stock price
Twitter shareholders have filed a lawsuit accusing Elon Musk of engaged in “unlawful conduct” aimed at sowing doubt about his…
Illinois Officials Order Stay On Carvana’s Temporary License Suspension
(Reuters) – The Illinois Secretary of State’s office implemented a stay on Carvana Co’s temporary suspension, allowing the online used-car…
Gap Slashes Profit Forecast As Inflation Drains Demand, Costs Mount
(Reuters) – Gap Inc cut its annual profit forecast on Thursday, becoming the latest U.S. retailer to come under pressure…