GE reopens parts of prior debt offerings to raise $3 billion
General Electric Co said on Monday it reopened portions of its prior debt offerings for $3 billion in total proceeds to boost its cash reserves...
Nasdaq hits record close, confirms bull market on economic recovery hopes
The Nasdaq hit a record high close on Monday, confirming a bull market began on March 23, and the Dow and S&P 500 jumped as...
Nasdaq hits record high as U.S. recession becomes official
Surging technology and communications stocks have put the Nasdaq on the cusp of confirming that it is in a new bull market just 16 weeks...
JetBlue to fly about 50% of July schedule, more in August: CNBC interview
JetBlue Airways Corp expects to fly about half of its original schedule in July, up from about 25% to 30% in June, and a bit...
It’s official: U.S. economy entered recession in February
The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research...
Volkswagen replaces Herbert Diess as CEO of the VW brand
Volkswagen replaced Herbert Diess as chief executive of the VW brand on Monday and installed chief operating officer Ralf Brandstaetter to lead cost cutting efforts...
PG&E plans $5.75 billion equity raise to fund bankruptcy exit
California-based power provider PG&E Corp said on Monday it plans to raise $5.75 billion from public offerings as it tries to emerge from Chapter 11...
Nestle confirms sale of Buitoni brand’s North American business
Nestle SA is selling the North American business of its Buitoni pasta brand to private-equity firm Brynwood Partners, the Swiss food group said on Monday....
U.S. economy entered recession in February, business cycle arbiter says
The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research...
Nasdaq hits new record on swift economic recovery hopes
U.S. stocks rose on Monday, with the Nasdaq hitting a record high for the second straight session, after a surprisingly upbeat jobs report last week...