Potbelly settlement with activists includes twist: stock, not cash, for outlays
Sandwich maker Potbelly Corp on Monday promised to reimburse activist shareholders’ expenses with stock not cash, creating a situation that lawyers call an outlier for...
Montana judge upholds ruling that canceled Keystone XL pipeline permit
A federal judge in Montana on Monday upheld his ruling last month that canceled an environmental permit for the long-delayed Keystone XL oil pipeline and...
Boeing CEO sees passenger levels under 25% in September, pain for airlines: NBC interview
Boeing Co Chief Executive Dave Calhoun does not expect passenger traffic to reach even a quarter of its levels in September, creating the need for...
Asian stocks set to fall on growing second virus wave fears
Asian equities and oil prices were set to slip on Tuesday amid growing investor worries about a second wave of coronavirus infections after the Chinese...
Bitcoin goes through third ‘halving’, falls vs U.S. dollar
Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but...
Trump ‘not interested’ in reopening U.S.-China trade deal after report of Beijing discontent
U.S. President Donald Trump said on Monday he opposed renegotiating the U.S.-China “Phase 1” trade deal after a Chinese state-run newspaper reported some government advisers...
United to notify flyers about full flights after social media backlash
United Airlines Holdings Inc said on Monday that starting next week it will notify passengers ahead of time if their flight is expected to be...
Shut casinos hit Caesars as COVID-19 puts gambling industry in survival mode
Caesars Entertainment Corp missed quarterly revenue estimates on Monday as it shuttered its casinos amid nationwide lockdowns to contain the spread of the COVID-19 pandemic....
Oklahoma regulators take no action after oil output hearing
Oklahoma’s energy regulators on Monday took no action on applications from oil and gas producers seeking to win state-support for measures they said would help...
S&P 500 closes barely higher as investors balance pandemic with recovery
The S&P 500 closed barely higher, eking out a nominal gain on Monday as investors weighed new spikes in coronavirus infections with expectations that an...