U.S. financial regulators are proposing to switch required filings for publicly traded companies from quarterly reporting to semiannual. The Securities and Exchange Commission on Tuesday…
Chevron CEO Mike Wirth on Monday said that shortages in the oil supply chain will start appearing around the world because of the closure of the Strait of Hormuz amid the Iran war. Wirth made…
Officials are warning customers about banking spoof calls that could trick them into emptying their accounts, with scammers posing as banking or law enforcement officials who claim they are trying to protect the customer’s money. The FBI has described these calls as a growing problem in which customers are convinced…
Several U.S. restaurant chains are reporting weaker than expected sales growth in the latest quarter as high gasoline prices squeeze consumers’ budgets. Gas prices have surged amid the war in Iran, with average gas prices reaching $4.45 a gallon around the country, an increase of about 41% in the last…
Foreclosures rose to the highest level in six years in the first quarter of this year as homeowners are squeezed by rising costs related to insurance and property tax bills. The Wall Street Journal reported that data from Attom shows the number of U.S. properties with a foreclosure filing has…
Budget airlines are seeking help from the federal government amid the surge in jet fuel prices that prompted Spirit Airlines to cease operations after its bankruptcy exit plan faltered and a possible federal aid package failed to materialize. Spirit on Saturday announced “with great disappointment” that it started an orderly…
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