Deathwatch Begins For The Subprime Of Shale Oil Drilling

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Deathwatch Begins For The Subprime Of Shale Oil Drilling

The news was “worse than we thought possible,” declared Michael Hsueh, strategist at Deutsche Bank, in a note Wednesday. With the Saudis now declaring their intention to flood the markets with 2.6 million barrels more per day than they sold in February, …
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Amazon launches $25 million relief fund for delivery drivers and seasonal employees amid coronavirus outbreak

Amazon said Wednesday it’s launching a $25 million relief fund for delivery drivers, seasonal workers and other employees amid the coronavirus outbreak. The fund applies to delivery service partners and Amazon Flex drivers, as well as seasonal employees …
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Waters accuses ex-Wells Fargo directors of 'dereliction of duty' in hearing

The former chairwoman of Wells Fargo & Co.’s board said she resigned to remove a distraction as the scandal-plagued bank works to fix its problems and that the company is well-positioned for a turnaround under its new chief executive, Charlie Scharf.
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Del Taco stock gains after company posts adjusted Q4 profit

Shares of Del Taco Restaurants Inc. TACO, -10.39% rose more than 7% in the extended session Wednesday after the fast-food chain met Wall Street expectations for its adjusted quarterly profit and sales were marginally lower than forecast. Del Taco said it …
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Twitter, Meredith Are Latest NewFronts Participants Moving to Digital-Only Presentations

Key insights: Going digital is a blow to the flashy live events and performances the NewFronts have been known for in years past. Just two weeks ago, the International Advertising Bureau had deemed this year’s Digital Content NewFronts the “new NewFronts …
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