Chevron said its third-quarter profit increased 13% on asset sales and strength in the refining, marketing and chemical segment, despite lower revenue and production.
After-tax contributions to a workplace 401(k) can be shifted into a tax-free Roth account, the IRS says.
Workers at the Indonesian unit of Freeport-MacMoRan called off a planned month-long strike in the company’s mine in the eastern province after talks with the company’s management.
Clorox said its sales edged up 1% in the latest quarter, driven by gains in the household segment and overall higher volume.
Apple’s Tim Cook said he is “proud to be gay,” a declaration that puts an openly gay man at the helm of the world’s most valuable company.
AbbVie boosted its earnings guidance for the year and posted higher sales in the company’s first earnings report since its megamerger with Shire fell apart.
Exxon said its third-quarter earnings edged up 2.5% as higher refining margins and improvements at its refining and marketing segment helped offset lower production.
Dollar General said it is extending its $80-a-share tender offer to buy Family Dollar Stores by two months, as the offer remained well undersubscribed.
Following several years of heavy losses and restructuring that cost thousands of jobs, the electronics giant now says it is ready to spend more on growth through acquisitions and alliances.
Madison Square Garden Co. said its revenue increased 12% in the latest quarter, benefiting from strength at its entertainment and sports segments and a gain from the sale of the Fuse network.