Chevron leads another wave of massive oil-industry spending cuts
Chevron Corp cut its capital spending budget by $4 billion on Tuesday, leading a wave of cost-cutting announcements across the oil-and-gas industry as it reels...
Philips warns protectionism could derail critical medical supplies
Broad powers over U.S. factories brought in by President Donald Trump could fuel protectionism and jeopardize the supply of critical medical equipment to fight the...
How the U.S. could intervene to weaken its surging dollar
A blistering dollar rally has revived speculation that the U.S. may rein in its currency if the buck goes much higher....
Citigroup will temporarily close up to 15% of U.S. branches
Citigroup Inc said on Tuesday it will temporarily shutter up to 15% of its U.S. branches amid the coronavirus outbreak....
Citigroup makes senior hires in United States, Asia
Citigroup Inc on Tuesday appointed Pam Habner as head of its branded cards division in the United States, as part of hires for many senior...
Auto industry urges U.S. lawmakers to ensure ‘sufficient liquidity’
Major automakers, parts suppliers and auto dealers urged U.S. lawmakers on Monday to provide “robust credit facilities” to ensure “sufficient liquidity” in the auto industry...
Citigroup will temporarily close up to 15% of branches
Citigroup Inc will temporarily close up to 15% of its U.S. branches in light of reduced foot traffic amid the coronavirus outbreak, a spokesman told...
Investors eye cracks in $4.4 trillion U.S. ETF market as sell-off rages
Wild swings in asset prices have thrown a spotlight on liquidity in corners of the $4.4 trillion market for U.S. exchange-traded funds, which have played...
Money fund turmoil spotlights New Jersey portfolio’s ‘shadow price’
A New Jersey municipal money-market fund run by BNY Mellon Corp is still paying investors $1.00 a share, even though the mark-to-market price of the...
Phillips 66 delays scheduled refinery shutdowns on coronavirus concerns
Phillips 66 is delaying three sizeable scheduled shutdowns at its refineries this year, the company said on Tuesday, because of concerns that coronavirus could spread...