Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.
Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv.
Oil prices fell 2% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting.
Russia's first McDonald's restaurant has scrapped a plan to sell Big Mac burgers for virtually nothing to mark its 30th anniversary over fears it would attract huge crowds, which authorities have advised against due to coronavirus fears.
Cash-strapped state carrier South African Airways (SAA) said on Thursday it would "cancel and consolidate selected flights" to lower costs, days after it received a 3.5 billion rand ($244 million) government bailout to ease a mounting cash-flow crunch.
Coca-Cola Co's quarterly revenue beat market expectations on Thursday, driven by demand for the beverage maker's signature soda, flavored Cokes and Fuze teas, sending its shares up as much as 2.8% to a record high.
In his first address to the U.S. Congress, President Donald Trump hailed General Motors Co, Harley-Davidson Inc, Intel Corp and seven other companies as innovators and job creators, predicting they would be among those producing "tens of thousands of new American jobs" and investing "billions and billions of dollars."
Historically, TV prices approach their lowest point right before Super Bowl Sunday. If you are in the market for a new set, here are the best deals.
Mastercard and a technology partner are rolling out a service called Mastercard Cash Pick-Up, which gives anyone with a cell phone — even those without a bank account — the ability to withdraw cash from an ATM.
Southwest Airlines on Thursday disputed the findings of a draft U.S. government audit that claimed the U.S. carrier failed to prioritize safety by flying millions of passengers on used jets whose documentation made it impossible for regulators to determine if required maintenance had been completed.
Earnings for S&P 500 companies are seen increasing for the fourth quarter over a year earlier, according to IBES data from Refinitiv.
Luxury British carmaker Aston Martin has called a board meeting in which it may decide between two potential investors for an emergency fundraising, the Financial Times reported on Thursday.
Directors of Tesla Inc settled a shareholder lawsuit over its 2016 acquisition of SolarCity Corp, leaving Chief Executive Officer Elon Musk as the lone defendant facing claims that Tesla paid $2.6 billion for a worthless solar system installer, according to court documents.
United Parcel Service Inc on Wednesday expanded its efforts to cut emissions and delivery costs with separate deals to order 10,000 electric delivery trucks from UK-based Arrival Ltd and test Waymo self-driving vehicles to carry packages.
Global equity markets tumbled on Thursday as the death toll from the coronavirus outbreak in China hit 170, sending a closely watched bond indicator to invert and oil prices sharply lower on concerns about its impact on the world's second-largest economy.