Judge takes oversight of PG&E’s wildfire prevention plans

Business 04/02/19, 18:41

A federal judge said Tuesday he will closely monitor Pacific Gas & Electric's tree-trimming this year and barred the utility from paying out dividends to shareholders as part of a new, court-ordered wildfire prevention plan.U.S. District Judge William Alsup ordered ...

Rare glimpse into Saudi Aramco shows $111 billion net profit

Business 04/01/19, 07:21

Saudi Aramco's net profits reached $111 billion last year, according to an assessment published Monday by Moody's Investors Services that offered a rare glimpse into the state-owned oil firm's finances before it issues its first bonds in international markets.That places ...

US stocks rise again; tech and high-dividend companies climb

Business 12/13/18, 10:34

U.S. stocks are mixed in morning trading Thursday as technology and health care companies rise. Safer, high-dividend stocks in real estate and utilities are also climbing. Banks are falling, and smaller companies continue to lag their larger rivals.The European Central ...

GE slashes dividend, takes $22 billion charge in 3Q

Business 10/30/18, 07:16

General Electric Co. is slashing its dividend from 12 cents, to a penny, and taking a $22 billion impairment charge for its power division, which is a crucial segment of its operations going forward.The company swung to a third-quarter loss ...

US stocks shake off early losses; trading remains wobbly

New York 10/15/18, 06:26

Trading on Wall Street remains uneven Monday as U.S. stocks head slightly higher after some sharp early losses. Technology companies continue to slump, but high-dividend stocks like household goods makers and real estate companies are gaining ground. The S&P 500 ...

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