Oil’s Tight Supply, Better Demand Outlook Spur Fifth Weekly Gain
Tightening global oil supplies and expectations that the Federal Reserve’s tightening is nearing an end propelled crude to the longest run of weekly gains in more than a year.
Tightening global oil supplies and expectations that the Federal Reserve’s tightening is nearing an end propelled crude to the longest run of weekly gains in more than a year.
Two top executives have exited United Site Services Inc., a portable toilet rental firm owned by Tom Gores’s Platinum Equity, sending prices for the company’s debt lower.
Waymo, the self-driving unit owned by Alphabet Inc., is slowing the development of autonomous trucking that’s being done by its Via subsidiary.
The Federal Deposit Insurance Corp. launched the sale of an $18.5 billion loan portfolio from Signature Bank this week, a pool of debt tied to major private equity and investing firms.
Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with Saudi Arabia’s deal to buy into some of the country’s largest nickel mines.
The Biden administration is pressing carmakers to sharply increase fuel economy by early next decade in a bid to cut gas usage and accelerate the country’s transition to cleaner or zero-emission vehicles.
Elon Musk’s vision of an everything app that includes banking capabilities may not be what Americans are looking for, said Max Levchin, who co-founded PayPal Holdings Inc. with the world’s richest man.
Russian forces intercepted two missiles over its southern port of Taganrog and the Azov district in the Rostov region, according to Russian media and officials. Debris fell on Taganrog and seven people were hospitalized there.
Codelco, the world’s biggest copper supplier, lowered its annual production guidance and raised cost estimates after another disappointing quarter at its mines and projects in Chile.
Goldman Sachs Group Inc.’s Jonny Fine is used to the high-stakes game of advising America’s biggest companies on their multibillion-dollar financings. On Thursday, he swapped that role for a different type of heat.