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Earnings season for the first quarter kicked off with a deluge of bank earnings. The common theme so far has been a big uptick in reserves being set aside for future credit losses driven by

As the economy prepares for a looming recession, many banks are bracing for heavy loan losses. Several of the largest banks in the world, such as JPMorgan Chase, Bank of America, and Wells Fargo

Despite having approximately $5.2 billion cash on hand according to its first-quarter 2020 earnings report, Netflix (NASDAQ: NFLX) declared its intention today to sell $1 billion in senior unsecured

Facebook's (NASDAQ: FB) stock has taken a big hit in the past few months as the COVID-19 pandemic has many advertisers reining in their spending. But with share prices well off their 52-week high of

Tyson Foods (NYSE: TSN) is shutting down operations indefinitely at its largest pork plant, according to a press release from the company. The shutdown at the Iowa facility begins this week, as a

Economics have increasingly not favored coal-fired power plants in the United States in the last decade. The rise of low-cost renewables and natural gas, the reality of an aging coal fleet, and the

Glioblastoma is the most invasive and malignant type of brain cancer. If untreated, patients survive for a medial duration of merely three to four months from the initial development of tumors. The

Houston-based international oilfield services company National Oilwell Varco (NYSE: NOV) has been playing defense with its cash position since 2016's dividend cut. While most of its customers are

Netflix (NASDAQ: NFLX) did almost everything possible in delivering a blowout quarter on Tuesday afternoon. It closed out the quarter with 15.77 million more streaming subscribers worldwide than it

What will happen after the COVID-19 pandemic from an economic standpoint is anyone's guess. The oil and gas industry, airlines, cruise ships, sit-in restaurants, and even the financial services

Fiat Chrysler Automobiles (NYSE: FCAU) said on Tuesday that it has borrowed 6.25 billion euros ($6.8 billion) from a revolving line of credit in an effort to buffer its cash reserves while many of

Last October, the U.S. Department of Defense awarded Microsoft (NASDAQ: MSFT) its coveted Joint Enterprise Defense Infrastructure (JEDI) cloud contract. The deal, which will be worth up to $10

Texas Instruments (NASDAQ: TXN) is one of the true blue chips in the technology space. Founded all the way back in 1930, it's one of the oldest technology companies in America. The key to TI's

Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A) has had its share of ups and downs in recent years. Its prior sponsor mismanaged the renewable energy company, causing its performance to lag. Meanwhile,

Millions of people have lost their jobs in the wake of COVID-19, and while unemployment benefits can be a lifeline in that scenario, they're often not enough to compensate for an absent paycheck

Keep calm and play Fortnite. The popular Battle Royale game is back in the Google Play Store after 18 months in the wilderness of third-party app stores.

Fortnite publisher Epic Games had a public

Yesterday, social media heavyweight Facebook (NASDAQ: FB) announced a $5.7 billion investment in Jio Platforms Limited. Jio is India's largest telecom operator by subscriber base, sporting 388

Delta Air Lines (NYSE: DAL) today announced its first quarter results, saying operating revenue dropped 18% versus the year ago period and that it was burning cash at a rate of $100 million per day

Coronavirus-related lockdowns may be problematic for most in-person businesses, but they've been a boon for social media name Snapchat. Parent company Snap (NYSE: SNAP) reported after Tuesday's

You can hardly open a newspaper these days without running across a few Tesla (NASDAQ: TSLA) headlines. The stock also tends to move on the latest news, either falling or jumping by 5% or more on an

As this latest earnings season begins, evaluating how various companies are dealing with the fallout from the coronavirus pandemic will be a priority. Concerns about spreading the disease have led

The world has changed so much in just a short few months. With consumers worldwide sequestered at home as part of efforts to quell the spread of COVID-19, Netflix (NASDAQ: NFLX) was one of the few

The oil and natural gas sector is getting hammered today by a painful combination of factors. There are already companies succumbing to bankruptcy, and there will likely be more before this down

Beleaguered department store name Macy's (NYSE: M) may be seeking as much as $5 billion in new debt-based financing, according to a report from CNBC Tuesday evening.

CNBC did not name its sources

Stimulus checks resulting from the CARES Act are on their way, and approximately 171 million Americans are expected to receive one, according to the IRS and Treasury Department.

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