Tag: Marketwatch

ChargePoint Holdings Inc. CHPT, -1.54% stock rose more than 6% in the extended session Wednesday after the electric-vehicle charging network company reported quarterly sales above expectations and called for higher yearly revenue. ChargePoint said it lost $60.5 million, or 23 cents a share, in the fourth quarter, compared with a loss of $91 million, or […]

A coalition of eight state attorneys general on Wednesday said it has started an investigation into video-sharing platform TikTok and its potential harm to children. The action builds on an investigation by the same group of AGs into Facebook parent Meta Platforms Inc.’s FB, +2.27% Instagram that focuses on similar concerns. The investigation is being […]

Duke Energy Corp. DUK, +1.21% said Wednesday that if its proposal to increase rates is approved by the North Carolina Utilities Commission (NCUC), the average bill will for residential customers will increase 6.6% by Jan. 1, 2023, will rise 9.3% for commercial customers and grow 9.0% for industrial customers. If approved, the Charlotte-based utility’s new […]

The Energy Information Administration reported on Wednesday that U.S. crude inventories fell by 2.6 million barrels for the week ended Feb. 25. On average, the EIA was expected to show crude inventories up by 2.3 million barrels, according to analysts surveyed by Platts of S&P Global Commodity Insights. The American Petroleum Institute on Tuesday reported […]

Shares of Ford Motor Co. F, +6.38% shot up 6.7% in morning trading Wednesday, after the auto maker reported February U.S. vehicle sales that fell sharply from a year ago, with all vehicle types showing declines, but took in a record number of new retail vehicle orders. Total sales dropped 20.9% to 129,273 vehicles, including […]

Dine Brands Inc. DIN, -6.57% posted net income of $19.4 million, or $1.14 per share, after a loss of $1.6 million, or 10 cents per share, last year. Adjusted EPS of $1.32 beat the FactSet consensus of $1.27. Revenue of $229.6 million was up from $196.0 million and missed the FactSet consensus of $236.6 million. […]

Russian Foreign Minister Sergei Lavrov on Wednesday said a third world war would be “nuclear and destructive,” according to comments reported by the RIA news agency and translated by Reuters. NATO members have so far ruled out enforcing a no-fly zone over Ukraine that would by definition invite conflict with Russian aircraft, as a Russian […]

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 6.1 million barrels for the week ended Feb. 25, according to sources. The API also reportedly showed a weekly inventory decline of 2.5 million barrels for gasoline, while distillate stockpiles edged up by 400,000 barrels. Crude stocks at the Cushing, Okla., delivery […]

President Joe Biden has kicked off his first State of the Union speech, beginning an address that is expected to focus heavily on the Russian invasion of Ukraine and the president’s plan to fight inflation. Biden is expected to say that the U.S. will close its airspace to Russian airlines in a bid to further […]

Published: March 1, 2022 at 9:18 p.m. ET President Joe Biden said the U.S. government is closing off American air space to all Russian flights — “further isolating Russia and adding an additional squeeze on their economy.” The announcement had been expected following reports earlier Tuesday, and it came as Biden delivered a State of […]