Author: Matt Egan

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General Electric boss Larry Culp is making good on his promise to swiftly unload assets to pay down the company's mountain of debt. [Read More]
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President Donald Trump wants oil prices to keep plunging. OPEC is warning Trump to be careful what he wishes for. [Read More]
Tags: Trump - OPEC - oil
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Crude oil prices are in free-fall as fears of a supply glut mount. [Read More]
Tags: Crude - Oil - nosedives
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Not even Saudi Arabia could prevent crude oil from suffering the longest losing streak on record. [Read More]
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American oil executives will sleep a bit better tonight after Saudi Arabia signaled it's coming to the rescue of the battered crude market. [Read More]
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General Electric took years to break. New CEO Larry Culp knows that he won't fix it overnight. [Read More]
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Wall Street is betting that divided government caused by the midterm election will be great for business. But recent history shows that gridlock can backfire. [Read More]
US companies have piled on a record-setting $6.3 trillion of debt. [Read More]
Matt Egan... [Read More]
Wells Fargo plans to cut as many as 26,500 jobs over three years as the troubled bank adapts to the rise of online banking. [Read More]
Matt Egan... [Read More]
Tags: trade - war - Dow
The milestone shows how Wall Street continues to be largely unfazed by the deepening trade clash between the United States and China... [Read More]
The iconic company's power problems just got worse, casting further doubt on the iconic company's comeback efforts. [Read More]
President Donald Trump has once again cast blame on OPEC for high oil prices, even though his own policies have helped fuel the surge. [Read More]
Liquified natural gas is a fast-growing industry, and China's retaliatory tariffs will hurt. [Read More]
Matt Egan... [Read More]
Matt Egan... [Read More]
For the first time in a decade, Corporate America is steering more money into stock buybacks than investing in the future. [Read More]
Despite the rise of renewable energy and natural gas, large pockets of America continue to rely heavily on coal for power and jobs. [Read More]
Tags: Coal - America - still
Gary Cohn, President Donald Trump's former top economic adviser, believes JPMorgan Chase CEO Jamie Dimon would be a perfect fit for the White House. [Read More]
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