Page 2 - David Gregorio News Today

(Reuters) -Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill's return to YouTube last week failed to spark fresh investor enthusiasm for the struggling shopping mall retailer.

The major U.S. stock indexes saw minor gains as investors remained cautious ahead of the Consumer Price Index report and a Federal Reserve policy announcement. The central bank is expected to hold interest rates steady, with investors seeking clues on future rate cuts. Apple shares dropped, while Southwest Airlines saw gains.

U.S. natural gas production will drop more this year than earlier estimates and demand will hit a record, the U.S. Energy Information Administration said in its Short Term Energy Outlook on Tuesday. ... -June 11, 2024 at 04:38 pm EDT - MarketScreener

LOS ANGELES (Reuters) -Media heiress Shari Redstone abruptly ended talks with David Ellison's Skydance Media on Tuesday, killing the potential sale of a controlling stake in Paramount Global to the independent studio, sources familiar with the negotiations said. The move by Redstone, Paramount's largest shareholder, came just as it appeared an agreement was near. A special committee of Paramount's board had been scheduled to discuss a proposed deal when it received word that Red...

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Californias attorney general on Monday sought to force the worlds biggest oil companies to give up profits the state alleges they made while deceiving consumers about their role in contributing...

The legal action comes months after a new state law took effect that allows the attorney general to seek profits earned by companies while they violated laws against unfair competition and false advertising. Attorney General Rob Bonta added the so-called disgorgement remedy to a lawsuit filed last year against Exxon Mobil, Chevron, Shell, BP, ConocoPhillips and oil and gas industry trade group the American Petroleum Institute (API).

By Brendan Pierson (Reuters) - A court-appointed panel on Friday recommended how to divvy up a pool of $2.13 billion in legal fees from nationwide drug industry settlements over the U.S. opioid crisis, with top firms set to receive hundreds of mill...

Global insurers plan to invest further in the coming years in the growing but opaque private credit market, according to a new report by Moody's Ratings. In a survey this week of the world's largest insurers, Moody's found that nearly 80% of respondents planned to increase their holdings in at least one class of private credit. Deemed riskier and less transparent than the public market, private credit deals involving non-bank lenders and middle-market companies have gradually ga...

The Federal Communications Commission on Friday asked the U.S. 6th Circuit Court of Appeals in Cincinnati, Ohio to transfer a series of industry legal challenges to its decision to reinstate...