Tyson Foods Inc slowed chicken processing after it recalled millions of pounds of poultry this year over concerns they contained extraneous materials like rubber and metal, Chief Executive Noel White said on Wednesday.
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc’s Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
Wall Street’s main indexes rose on Wednesday as fears of a global economic slowdown were calmed by robust economic data from China, while easing tensions in Hong Kong added to an upbeat mood.
WeWork owner The We Company took some steps on Wednesday to burnish its appeal to investors ahead of its initial public offering by adding a woman, Frances Frei, to its all-male board and announcing that its CEO would return a $5.9 million payment for use of the trademarked word “We.”
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration’s “America First” agenda, surged to a six-month high.
On the surface, the U.S. has much to celebrate. Oil companies here have been pumping record amounts of crude thanks to the shale boom.
But if you look into the five-year price performance of the nine largest U.S.-based oil producers, you’ll see that the best performer – Chevron Corp. (NYSE: CVX) – is down 9.39%.
The worst performer is Devon Energy Corp. (NYSE: DVN) – down 70.76%.
Investors who own these companies are scratching their heads. How can they have such terrible returns when the demand for oil continues to increase?
In 2018, according to BP’s “Statistical Review of World Energy 2019,” the world …read more […]
U.S. President Donald Trump said on Wednesday the United States was not doing business with Chinese tech giant Huawei Technologies and does not want to discuss the issue with China.
With just two weeks to go before their next policy-setting meeting, leading Federal Reserve officials are describing the U.S. economy and what they should do about it in subtly different ways, hints that a robust debate about whether and how much to cut interest rates is underway.
Hoth Therapeutics, Inc. (NASDAQ: HOTH), a biopharmaceutical company focused on unique targeted therapeutics for patients suffering from dermatological indications ranging from atopic dermatitis to chronic wound disorders, today issued a letter to shareholders. Dear Shareholder, I […]
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc’s Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
VANCOUVER, Washington, Sept. 04, 2019 — CytoDyn Inc. (otc.qb:CYDY), (“CytoDyn” or the “Company”), a late stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the […]
A bipartisan group of U.S. lawmakers on Wednesday asked the chief executive of Alphabet’s Google to expand its use of technology that prevents copyright infringement to smaller creators who are “at a significant disadvantage.”
New York Federal Reserve President John Williams on Wednesday said he is ready to “act as appropriate” to help America avoid an economic downturn but so far the economy appeared to be in a good place.
New York Federal Reserve President John Williams said on Wednesday he still expects the U.S. economy to expand at an above-trend pace of 2.0%-2.5% in 2019 despite low business investment and trade uncertainty.
American Eagle Outfitters Inc forecast disappointing current quarter profit after its same-store sales missed quarterly estimates on Wednesday, hurt by weak demand for warm weather apparel and a late start to the back-to-school season.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
