Major stock indexes posted weekly losses, putting a damper on a rally Friday in recently battered commodities and banking shares. The Dow Jones Industrials gained 313 points yet finished the week down 1.4%.
U.S. air carriers will begin competing for routes and airport slots for travel to Cuba on Tuesday when an agreement takes effect to restore normal commercial air service between the two countries.
Stock in videogame publisher Activision is paying dearly for a rare earnings miss. But it can level up from here.
Energy MLPs burned yield-hungry investors. Now, the sector looks attractive, but investors have to tread carefully.
The Independent said it will cease its print editions in March, a major sign of the continuing media transition to the Internet as circulation and advertising revenue from print comes under pressure.
Global sales of Volkswagen vehicles returned to growth in January on the back of resurgent sales in China, even as the company’s namesake brand declined in all other markets.
Apple Inc. is finally developing its first series, according to people familiar with the matter—as a way to bolster its subscription music service.
Spirit Airlines new chief executive is planning a midcourse correction at the nation’s leading ultralow-cost carrier to address rising customer complaints and ward off new competitive threats.
The sharp drop this year in consumer-focused stocks is feeding fears of a recession, but those companies’ bonds are sending a more upbeat signal.
Mattel executives said the company has been taking concrete steps to improve ties with retailers and partners, as well as develop a better lineup of new toys.