The national average for a gallon of gas is below $2 for the first time in four years, AAA said in a statement Tuesday. At $1.99, the current average price for a gallon is 18.4%, or 45 cents, lower than one month ago, and down 70 cents, or 25.8%, year-over-year.
See Original Article

The stock of Clear Channel Outdoor Holdings (NYSE:CCO) was enjoying a 23.9% renaissance as of 11:45 a.m. EDT today. This morning, Clear Channel announced a deal to sell its 50.91% majority interest in Hong Kong company Clear Media to Cayman …
See Original Article

Employees of the Richmond Times-Dispatch as well as at dozens of newspapers owned by its parent company, Lee Enterprises Inc., will be required to take two weeks of unpaid leave between now and the end of June. Davenport, Iowa-based Lee …
See Original Article

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Tuesday the company has extra FDA-approved ventilators that can be shipped free of cost to hospitals within regions where the electric carmaker delivers. “Device & shipping cost are free.
See Original Article

Topline: As the coronavirus outbreak continues to take its toll on global markets, many cash-strapped companies—like Boeing, Ford, Darden Restaurants, and Marriott International—are cutting dividends to conserve cash during the crisis. Across the S&P 500, …
See Original Article