Occidental appoints Robert Peterson as CFO
Oil and gas producer Occidental Petroleum Corp said on Friday it appointed Robert Peterson as the company’s new chief financial officer....
Walmart to limit number of customers at stores as virus crisis deepens
Walmart Inc said on Friday it would limit the number of customers in a store at a time, starting April 4, to encourage social distancing...
Fiat Chrysler postpones shareholders’ meeting and resolution on dividend to late June
Fiat Chrysler said on Friday it decided to postpone to late June its shareholders’ meeting scheduled for April 16, as a consequence of the continuing...
Exxon plays on virus worries in Baytown contract talks: union official
A union official said on Friday Exxon Mobil Corp is playing on economic uncertainty caused by the coronavirus pandemic in negotiations with workers at its...
Kraft Heinz halts three plants but adds shifts for mac & cheese
Kraft Heinz Co has moved to halt production at three plants providing restaurant supplies but has added shifts at others to meet demand for packaged...
Morgan Stanley plans to hold annual meeting in person
Morgan Stanley plans to hold in person its annual shareholder meeting, scheduled for May 21, the Wall Street bank said on Friday, even as many...
Trump hosts Big Oil execs at White House to discuss market slump
U.S. President Donald Trump met with oil company executives at the White House on Friday afternoon to discuss a historic oil-price slump threatening their businesses,...
OPEC+ debates biggest-ever oil cut, awaits U.S. efforts
OPEC and its allies are working on a deal for an unprecedented oil production cut equivalent to around 10% of global supply, an OPEC source...
Dollar climbs on safe-haven bids; shrugs off horrible U.S. jobs number
The dollar firmed against major currencies for a third straight day on Friday, as investors took shelter in the U.S. currency amid worsening economic fallout...
Wall Street falls as coronavirus shreds U.S. payrolls
Wall Street’s main indexes fell on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months and amped up fears...