US Oil Fund drops 25% after changing structure again as popular ETF tries to stave off collapse
The United States Oil Fund is a popular exchange-traded security with retail investors known for its 'USO' ticker.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Kering cautious on China rebound after coronavirus hits Gucci sales
Gucci sales were hit hard early in the coronavirus crisis due to the fashion group's reliance on Chinese customers, owner Kering said on Tuesday, adding that...
Trump says he will discuss more coronavirus money for states after current bill passes
U.S. President Donald Trump on Tuesday said discussions on additional coronavirus-related aid for state and local governments would start after Congress passes a bill funding more...
Oil giveaway spells doom, brings out market bears
The crash in U.S. crude prices has turned a reliable commodity less than worthless and given fresh urgency to bearish voices, who say it sounds alarm...
Chipotle to pay $25 million related to food borne illness outbreaks: Justice Department
Chipotle Mexican Grill has agreed to pay $25 million and enter a deferred prosecution agreement to resolve charges related to food borne illness outbreaks that sickened...
Brent oil futures plunge as growing glut feeds market panic
Brent oil futures prices plunged again on Tuesday as oil market panic extended into a second day with no end in sight to a swelling global...
Don't miss this stimulus check deadline if you're a Social Security beneficiary with kids
If you're receiving Social Security or Railroad Retirement benefits and don't typically file tax returns, you have just until tomorrow to log onto a government website...
CPC oil producers eye boost to flows via Russia from May
Kazakh oil producers, which export crude via the Caspian pipeline consortium (CPC), are seeking to divert flows to Russia's Transneft from May in an attempt to...
Brent oil drops 25%, near two-decade lows on scant demand, storage
Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 per...
Are Marketers Still Needed During Covid-19?
NCFA Guest post April 21, 2020 As much of the world continues to abide by stay-at-home orders put in place by each government, it is having...
In Versailles, king of online retail Amazon fights unions backlash
Amazon made its case on Tuesday in a French court of appeal to keep deliveries on track in the country, rejecting unions' allegations that it was...
US Oil Fund, popular ETF trading under ticker 'USO,' plunges 38%, halted for trading at one point
Trading in the United States Oil Fund, a popular exchange-traded security known for its 'USO' ticker which is supposed to track the price of oil, was...
Telecom Italia and Open Fiber crank up war of words over single network
A war of words between Telecom Italia (TIM) and Open Fiber over the creation of a single broadband network escalated on Tuesday as the phone incumbent...
U.S. energy secretary to urge House lawmakers to buy oil for strategic reserve
The U.S. energy secretary said on Tuesday he would talk with leaders in the U.S. House of Representatives later in the day and urge them to...
What to do if you're struggling to pay child support or alimony during the coronavirus crisis
As U.S. household income takes a hit from the coronavirus-induced economic meltdown, family law attorneys are seeing an increase in people exploring their options for reducing...