Antitrust enforcers are set to allege former Pioneer CEO Scott Sheffield discussed coordinating oil-production levels with other producers and OPEC.
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.
The company’s Medicare business, hit by higher medical costs, pushed down CVS’s first-quarter earnings.
Restaurant chains outperforming their competitors seem to have one thing in common: keeping prices down.
As succession drama grips corners of the luxury world, Puig’s decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.
Comcast and Diamond Sports Group failed to reach a new carriage agreement, leaving subscribers in some markets without access to Bally Sports regional networks.
Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network.
The Brazilian aircraft maker has been sounding out potential partners and financial backers on plans for a new narrow-body aircraft.
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.
While rivals bank on big new plays in Guyana and Namibia, the new BP CEO is focused on heartland waters off the coast of Louisiana and Texas.
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.
Aston Martin losses grew in the first quarter on lower revenue, but said it expected the launch of four new models this year would drive growth in the second half.
ProSiebenSat.1 Media shareholders rejected a proposal by top investor MFE-MediaForEurope to begin preparations for splitting the company into two businesses.
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump.
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.
The California utility is seeking regulatory approval to sell KKR part of a new company that would house most of its power generation business.
Norfolk Southern’s CEO has been endorsed by top proxy firm Institutional Shareholder Services as the railroad’s leadership works to fend off a proxy fight from investors led by Ancora Holdings.
The burger chain reported slower-than-expected same-store sales growth for the first quarter.
Puig Brands has priced its initial public offering at the high end of the previously announced range as it prepares to list Friday, in what is set to be the largest IPO so far this year.