About three years after Texas oil producer Denbury Inc. emerged from bankruptcy, four top executives are set to collect the final installment of a $121.5 million post-reorganization pay deal that rivals some of the industry’s most generous compensation packages.
The US 10-year yield rose to the highest level since November as traders pared expectations for Federal Reserve interest-rate cuts next year.
Poland’s ruling party finalized a plan to hold a referendum that coincides with an election in October, potentially mobilizing base voters with politically charged questions on migration, state-asset sales and the retirement age.
It’s a decisive week for investors looking to get involved in Johnson & Johnson’s record split-off of most of its $40 billion stake in Kenvue Inc., the maker of Tylenol and Listerine.
Nikola Corp. shares plummeted after the manufacturer announced it will recall trucks and temporarily stop sales after several battery fires.
Tesla Inc. cut prices again in China, sending auto stocks tumbling on concerns the move will rekindle an international price war that had shown signs of abating.
Recent excitement around all things superconductor has sent shares of companies deemed related to the technology on a rollercoaster ride. If history is any guide, this is a stock wager fraught with danger.
The disastrous wildfires on the Hawaiian island of Maui are now the US’s deadliest in more than a century, as officials warned the death toll may rise further amid concerns about the effectiveness of an emergency alarm system.
Exchange-traded funds may account for 10% of the market value of Bitcoin within three years if the US approves a fund that invests directly in the cryptocurrency, according to a Sanford C. Bernstein research report.
A northern Indian state in the Himalayas is bracing for more heavy rains after landslides, floods and the collapse of a temple killed more than two dozen people and severely hampered road transport.
