HOUSTON/WILLISTON, N.D. (Reuters) - ConocoPhillips (COP.N) and Occidental Petroleum Corp (OXY.N) on Thursday slashed exploration spending plans for this year, as the third- an ..
The profit decline was smaller than most analysts had expected, with some pointing to lower compensation expenses as the main reason Blackstone defied forecasts. Blackstone Pr ..
U.S. crude oil fell below $44 a barrel for the first time since April 2009 on Thursday while benchmark Brent sharply pared early gains after data showing additions to already ..
The global industry is scurrying to respond as oil below $50 a barrel guts cash flows. Companies are cutting heavily in an effort to protect returns to investors. ..
The number of Americans filing new claims for unemployment benefits tumbled last week to its lowest level in nearly 15 years, adding to bullish signals on the labor market. In ..
Over the past five years, total profits of the Dow 30 members surged by more than 42% -- and most of the bounty from this corporate renaissance has gone to investors. ..
The U.S. government estimates as many as six million households may have to pay a penalty for not having had health-insurance coverage last year as required under the Affordab ..
BEIJING/SHANGHAI (Reuters) - Alibaba Group Holding Ltd's (BABA.N) shares fell more than 10 percent early on Thursday, wiping more than $25 billion of market value after t ..
Time Warner Cable lost a net 38,000 residential video customers in the quarter, less than half the 103,000 that market research firm StreetAccount had estimated and fewer than ..
U.S. homeownership fell to a 20-year low in the fourth quarter as more Americans opted to rent rather than buy a house, government data showed on Thursday. The seasonally adju ..