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August 05, 2020
Questions being raised after Kodak's stock has a big moment
Eastman Kodak's potentially lucrative deal to help the U.S. government make more generic drugs domestically is threatening ...
August 03, 2020
Google buys $450M stake in ADT to give Nest a new perch
Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a deal that ...
August 03, 2020
Sale of Speedway gas stations buys Marathon breathing room
The $21 billion sale of Speedway gas stations has bought Marathon Petroleum some breathing room as the global pandemic ...
July 31, 2020
Caterpillar sales weaken but 2Q results top Street
Caterpillar's sales tumbled 31% in the second quarter as dealers culled construction equipment from showrooms during the ...
July 31, 2020
Amid the pandemic, Big Tech reports mixed earnings
Big Tech companies reported mixed quarterly earnings on Thursday, a day after their top executives faced a tough ...
July 30, 2020
Volkswagen lost $1.8 billion in Q2 but sees profit for year
Carmaker Volkswagen recorded an after-tax loss of 1.54 billion euros ($1.81 billion) in the second quarter as the pandemic ...
July 28, 2020
Pandemic hurts sales, profit for Pfizer amid restructuring
Pfizer Inc. reported a 32% plunge in second-quarter profit, mainly due to the global coronavirus pandemic limiting marketing ...
July 24, 2020
Intel's stock plunges as work on new computer chip bogs down
Intel is falling further behind in the race to build faster and more powerful computer chips, a nagging problem that may ...
July 20, 2020
Stirring in the oil patch, Chevron buys Noble for $5 billion
Chevron will take over Noble Energy for $5 billion in the first big deal announced since the coronavirus pandemic shook the ...
July 20, 2020
Alibaba-backed Ant Group to go public in Shanghai, Hong Kong
Ant Group, the online payments arm of e-commerce giant Alibaba Group, announced plans Monday for an initial public stock ...
July 17, 2020
Bump stock manufacturer seeks Las Vegas shooter's estate
The largest manufacturer of bump stocks, the firearm attachments used by the Las Vegas gunman in the worst mass shooting in ...
July 15, 2020
As US seeks production, sole US rare earth miner goes public
The sole miner of rare earths in the U.S. is becoming a public company amid elevated trade tensions with China, the dominant ...
July 13, 2020
Analog Devices buys Maxim, creating $68 billion chipmaker
Computer chip maker Analog Devices is buying Maxim Integrated in an all-stock deal that will create a company worth about $68 ...
July 07, 2020
Data-mining firm Palantir files for stealth public offering
The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the ...
June 26, 2020
Fed stops big banks from buying back stock, caps dividends
A worst-case scenario for the U.S. economy ravaged by the coronavirus pandemic would cause the nation’s 34 largest banks to ...
June 19, 2020
JD.com racks up $38B in sales in annual online shopping fest
JD.com's annual “618” online shopping extravaganza racked up a total of 269.2 billion yuan ($38 billion) worth of ...
June 18, 2020
Hertz board scraps planned $500M stock sale amid SEC review
Hertz has scrapped a plan to sell $500 million worth of stock, a move coming a day after the car rental company in the throes ...
June 17, 2020
Hertz suspends plans for $500M stock sale pending SEC review
Hertz said Wednesday it has put its plans to sell $500 million worth of stock on hold because the offering is being reviewed ...
June 15, 2020
BP takes $17.5B hit as pandemic accelerates emissions cuts
BP says it will cut the value of its oil and gas assets by as much as $17.5 billion and review plans for some oil wells as ...
June 11, 2020
Buyer's remorse: Mall deal implodes as virus shakes retail
The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes ...
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