Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:46
Carvana Soars After Reaching Debt Restructuring Deal
Carvana Co. reached a deal to restructure debt and filed to sell as much as $1 billion of
2023-07-19 19:47
White House Asks Walgreens, CVS, Walmart for Help Promoting Drug-Cost Law
Biden administration officials asked executives from major drug and retail chains to counter stiff opposition from the pharmaceutical
2023-07-19 08:21
HSBC Votes Against Big Oil More Often Than Peers, Analysis Shows
The investment arm of HSBC Holdings Plc is ahead of peers in backing shareholder resolutions designed to force
2023-07-17 13:20
Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market
Investors are fascinated with meme stocks again as they hunt through lower-quality names searching for returns. And in
2023-07-12 00:57
Lordstown CEO Was Ghosted by Foxconn Unit a Year Before Collapse
Lordstown Motors Corp. executive Ed Hightower flew to Taiwan from Detroit last year for meetings with leaders of
2023-06-28 18:51
Walgreens Falls as Forecast Slashed on Reduced Covid-19 Demand
Walgreens Boots Alliance Inc. shares tumbled after the pharmacy giant slashed its adjusted earnings forecast for the fiscal
2023-06-27 20:18
Billionaire Robert Smith’s Vista More Than Doubles Bet on Apptio
Buyout titan Robert Smith’s Vista Equity Partners more than doubled its initial investment in Apptio Inc. after International
2023-06-27 02:29
Big Oil’s Pullback From Clean Energy Matters Less Than You Might Think
The world’s five biggest publicly listed oil and gas companies posted just under $200 billion in total profits
2023-06-25 22:46
Gas Is Here to Stay for Decades, Say Fossil Fuel Heavyweights
The biggest fossil fuel players are making the message clear: the transition to a green future will require
2023-06-24 09:20
CarMax Gains as Focus on Costs Drives Quarterly Profit Beat
CarMax Inc. reported quarterly earnings that soared past Wall Street’s estimates, boosting the auto retailer’s shares as it
2023-06-23 22:19
Biden Biodiesel Quotas Deal Blow to Plant-Based Fuel Makers
The Biden administration handed a setback to makers of bio and renewable diesel with federal quotas for the
2023-06-21 08:46