Insightful Analysis on Economics, Markets & Global Affairs

The refiner's board greenlit a massive buyback after the Iran war tightened fuel supplies and lifted profits. Here's who benefits and who doesn't.

Tokyo may have sold nearly $59 billion in dollar reserves to prop up the yen, signaling how far Japan will go to stop its currency from sliding further.

BP plans to eliminate roughly 700 non-frontline roles worldwide as new CEO Meg O'Neill strips the company back to its fossil fuel core.

The Canadian owner of Circle K is buying Poland's Zabka in its biggest deal ever, betting Central Europe is the growth story it couldn't find in Japan.

Boeing's negotiators endorsed a new contract for 17,000 engineers before the October 6 deadline, but a strike would deepen already severe certification delays.

A federal appeals court ruled that British American Tobacco must face a class-action suit over misleading labels on Natural American Spirit cigarettes.

Activist hedge fund Jana Partners wants Fiserv to review its entire business, replace board members, and stop selling assets one by one.

The two oil giants want out of a 1,800-mile fuel pipeline worth $3.5 billion, and Wall Street is already lining up to buy it.