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April 16, 2021

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Oil slips as U.S. posts surprise rise in crude inventories

August 2, 2020July 27, 2020 - by alispensioncom

Oil prices edged lower on Wednesday as government data showed a surprise rise in U.S. crude inventories and as tensions escalated between the United States and China. Brent crude futures …

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Business

Wall Street ends choppy session higher on mixed earnings, U.S. stimulus debate

August 1, 2020July 27, 2020 - by alispensioncom

Wall Street ended higher on Wednesday after a see-saw session as investors digested mixed quarterly results and contentious stimulus negotiations in Washington. The major stock indexes oscillated for much of …

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Business

Carnival’s Princess Cruises to extend some voyage suspensions until December

July 31, 2020July 27, 2020 - by alispensioncom

Carnival Corp’s (CCL.N) Princess Cruises said on Wednesday it would extend the suspension of select voyages through Dec. 15 as it looks to contain the spread of the novel coronavirus. …

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Business

Chipotle beats quarterly estimates as digital sales more than triple

July 30, 2020July 27, 2020 - by alispensioncom

Chipotle Mexican Grill Inc (CMG.N) beat Wall Street expectations for second-quarter earnings on Wednesday, as soaring digital sales helped it recover amid the coronavirus crisis and continue the performance that …

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Business

South Korea’s Jeju Air says scraps deal to acquire budget carrier Eastar Jet

July 29, 2020July 27, 2020 - by alispensioncom

South Korea’s top budget carrier Jeju Air Co Ltd (089590.KS) said on Thursday it decided to scrap a deal agreed in principle to take over smaller Korean peer Eastar Jet, …

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Business

Frozen U.S. pork supplies fell in June, exports to China rose

July 28, 2020July 27, 2020 - by alispensioncom

U.S. frozen pork inventories fell 25% from a year earlier at the end of June, the U.S. Agriculture Department said on Wednesday, after coronavirus outbreaks in meatpacking plants slowed production. …

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Business

Ford says Mexican rail blockade near U.S. border hits operations

July 27, 2020July 27, 2020 - by alispensioncom

Ford’s (F.N) Mexico unit said on Wednesday that a railway blockade in the Mexican border state of Sonora is affecting operations at its Hermosillo plant in the same state, as …

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