State-owned oil giant Saudi Aramco set the official selling price for December loadings of its flagship Arab Light crude to Asia at $1 a barrel above the Oman/Dubai average, down from $2.20 in the ...

Mergers and acquisitions remain part of the firm's fabric, and subsequent transactions have established Diageo as a global industry leader. The largest spirits players have expanded and scaled their ...

If you own a "safe" investment-grade bond fund, check the holdings. Dow's $8 billion debt pile is probably in there, along with dozens of similar BBB names that are just one bad quarter from junk.

Ray Dalio warns that a new policy at the Fed could stoke a bubble. "Did you see the Fed's announcement that it will stop QT and begin QE," asks legendary investor Ray Dalio, the founder of Bridgewater ...

The Chicago Fed estimated that unemployment ticked up by a fraction of a percentage point in October versus September, depicting a labor market that has cooled while avoiding a serious downturn.

Amcor’s strategy revolves around strategic acquisitions and divestments, market share growth, and investment in capacity and capabilities. We see several merits to its strategy, which has led to ...

The online betting deal with ESPN, announced in August 2023, was for an initial 10-period. That had marked a big step-up for Penn (PENN), as it effectively ended its connection with Barstool Sports, ...

China's leverage over global supply chains and maritime logistics threatens America's economic and national security. This is especially true, considering that roughly 90% of America's military cargo ...

The Bank of England on Thursday unveiled the latest central-bank innovation - statements attributed to every central banker voting on the decision. The 5-to-4 vote in favor of keeping rates at 4% gave ...

Light & Wonder has significantly simplified its business by divesting noncore lottery and sports betting assets. It is now a more focused entity, cut in much the same image as dominant competitor ...

Given the Trump administration's track record of taking active roles in supporting companies deemed to be of interest to U.S. national security, Luria believes a government stake in OpenAI is not out ...

Google's custom artificial-intelligence chips have been lauded by some as the most credible alternative to Nvidia's graphics processing units, and the company is touting its latest version as its ...