The more than 130-year-old Eastman Kodak Co. is cautioning on its business operations, but says it is confident it will be able to work out upcoming debt obligations.
“Kodak has debt coming due within 12 months and does not have committed financing or available liquidity to meet such debt ...
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs.
The long-term rate fell to 6.63% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. ...
NEW YORK (AP) — Between rising prices and dwindling job growth, using “buy now, pay later” on everything from concert tickets to fast food deliveries is becoming increasingly appealing. But greater use could also mean greater trouble, as more people fall behind on repaying these ...
A focus on value — along with hot products like a “Minecraft”-themed meal — helped McDonald’s turn around its sagging sales in the second quarter.
McDonald’s Chairman and CEO Chris Kempczinski said Wednesday that the company’s McValue menu, which was introduced in January, is ...
NEW YORK (AP) — Exxon Mobil’s second-quarter profit dropped to the lowest level in four years and sales fell as oil prices slumped as OPEC+ ramped up production.
The Texas oil driller still topped Wall Street profit expectations Friday and shares rose slightly before the opening bell, ...
WASHINGTON (AP) — The monthly jobs report is already closely-watched on Wall Street and in Washington but has taken on a new importance after President Donald Trump on Friday fired the official who oversees it.
Trump claimed that June’s employment figures were “RIGGED” to make him and ...