Category: Market News
Wendy’s Co. WEN, -0.78% has added a couple of chicken options to its menu: the Hot Honey Chicken Biscuit, which marks the first breakfast addition since that menu was introduced in 2020, and the Hot Honey Chicken Sandwich, which is available for the rest of the day. The launches tap into the hot honey and […]
CNN President Jeff Zucker has resigned from his post after failing to disclose a romantic relationship with a co-worker, Zucker himself announced in a message to employees. Zucker said he was asked about a consensual relationship with his closest colleague as part of the network’s investigation of anchor Chris Cuomo’s tenure at CNN, a person […]
The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 1 million barrels for the week ended Jan. 28. On average, analysts had forecast an increase of 1.1 million barrels, according to a poll conducted by S&P Global Platts. The American Petroleum Institute on Tuesday reported a 1.6 million-barrel decrease, according to […]
American Airlines Group Inc. AAL, +2.19% disclosed Wednesday that it amended its firm orders for Boeing Co.’s BA, +4.05% 737 MAX 8 aircraft to 30, with 15 aircraft scheduled for delivery in 2023 and the rest to be delivered in 2024. The increase comes after the air carrier said it amended its purchase agreement dated […]
The average number of daily deaths from COVID-19 in the U.S. has climbed above 2,600, according to a New York Times tracker, now higher than the peak surge in the fall when delta was dominant and close to the peak last winter, before vaccines were available. Deaths are up 36% from two weeks ago and […]
Shares of Pitney Bowes Inc. PBI, -15.42% tumbled 15.6% in midday trading Tuesday, enough to pace the NYSE’s decliners, after the shipping and mailing company reported fourth-quarter profit that fell below expectations, amid disappointing domestic parcel volumes. Net income fell to $1.3 million, or 1 cent a share, from $20.3 million, or 11 cents a […]
Shares of Cedar Fun L.P. FUN, +13.11% rocketed 14.7% toward a more-than two-year high in afternoon trading Tuesday, after the amusement park operator confirmed that it had received an unsolicited buyout bid from SeaWorld Entertainment Inc. SEAS, +2.58%. The company did not disclose terms of the bid, but Bloomberg, which first reported the on the […]
U.S. oil futures settled slightly higher on Tuesday, as traders await the outcome of Wednesday’s meeting of major oil producers. OPEC+, which comprises the Organization of the Petroleum Exporting Countries and their allies, is expected to agree to a 400,000 barrel-per-day production increase for March. “When you factor in that many members are struggling to […]
Sen. Ben Ray Lujan, a New Mexico Democrat, suffered a stroke Thursday but is expected to make a “full recovery,” his office said in a statement. The senator underwent decompressive surgery to ease swelling once the stroke was discovered, the statement said. Lujan’s absence from the Senate means there will be only 49 senators in […]
The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 1.6 million barrels for the week ended Jan. 28, according to sources. The API, however, also reportedly showed a weekly inventory climb of 5.8 million barrels for gasoline, while distillate supplies decline by 2.5 million barrels. Crude stocks at the Cushing, Okla., […]
