Last month, S&P cut its credit rating of his holding company, Icahn Enterprises, to BB (a “speculative,” or junk, rating), requiring higher interest payments to support Icahn-style borrowing. The rating firm’s analysts noted that too many of Icahn’s businesses, including Icahn Automotive, which combines Pep Boys and smaller auto chains, were losing money.
LANSING, MI — Canadian government and business interests are mounting a full-court-press on Michigan Gov. Gretchen Whitmer, hoping to...
The move is one of a flurry of environmental actions Biden plans to take after being sworn into office...
WASHINGTON—The Keystone oil pipeline’s developer plans to announce a series of overhauls—including a pledge to use only renewable energy—in...
SUNDAY ROAST / VANESSA CHEUNG Home foundations Vanessa Cheung is group managing director of Nan Fung, a Hong Kong...
Associated Press Published 9:54 a.m. ET Jan. 15, 2021 New York – Stocks are off to a mostly weaker start...
Such discouraging numbers could be fodder for critics of the stock market, who say prices have soared too high...
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