financial performance and reports

California governor rejects PG&E's plan

California Gov. Gavin Newsom has rejected the bankruptcy reorganization plan proposed by utility giant Pacific Gas and Electric, saying that the proposal would not result in a "company positioned to provide safe, reliable and affordable service to its customers."

Apple best Dow stock of 2019 but can it repeat in 2020?

Apple CEO Tim Cook shocked investors on January 2 by warning of slowing iPhone sales in China. Apple's stock plunged 10% the next day, dragging down the entire market along with it. But it's been all good news for the company ever since.

California utility PG&E to pay $13.5B

California utility giant Pacific Gas and Electric has agreed to pay $13.5 billion to individuals affected by several recent fires in the state, the company announced Friday night.

Dick's shares soar 18% on strong sales

Shares of Dick's Sporting Goods soared 18% in early trading after the company reported strong earnings and raised its guidance for the third time this year.

World may be headed for Great Stagnation

For all the chatter about a looming recession in the United States or Europe, it's important to remember: right now, forecasters don't expect the global economy to contract.  

Sprint may soon be a dead brand

Sprint is a storied American brand, but it's one that could cease to exist if its $26 billion merger with T-Mobile is approved.

Nordstrom keeps focus on storefronts

The growth of e-commerce has gutted many traditional retailers and led to the shuttering of brick-and-mortar stores. In response, many retail companies have shifted their focus away from physical stores and tried to rapidly grow their digital presence.

Home Depot is struggling to sell stuff online

Home Depot is spending a lot of money to become a bigger player online, but the results aren't working out as well as the retailer had hoped. Home Depot reported revenue that missed forecasts Tuesday morning and lowered its sales outlook too.

China's shoppers are still going strong

With China's economy slowing, many market and economic experts believe that the United States has more leverage to negotiate favorable terms to end the trade war.