The company has been aggressively cutting costs by laying off staff and selling assets to pay down its $38.54 billion debt pile following its $38 billion acquisition of Anadarko Petroleum. Occidental had also previously lowered its spending plans for the year and trimmed production goals to safeguard
SAN JOSE, Calif. (AP) _ NeoPhotonics Corp. (NPTN) on Thursday reported fourth-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier. The San Jose, California-based company said it had net income of 4 cents per share. The results matched Wall Street expectations
ROSEMEAD, Calif. (AP) _ Edison International (EIX) on Thursday reported fourth-quarter net income of $143 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Rosemead, California-based company said it had profit of 40 cents. The average estimate of three analysts
A dry beginning of the year has left most of California abnormally parched and officials are bracing for the possibility of an early and more intense wildfire season amid record-breaking temperatures. Drought has expanded from just under 10% last week to nearly a quarter of the state, mainly in central
CAMBRIDGE, Mass. (AP) _ Dicerna Pharmaceuticals Inc. (DRNA) on Thursday reported a loss of $39.7 million in its fourth quarter. The Cambridge, Massachusetts-based company said it had a loss of 58 cents per share. The results missed Wall Street expectations.
The U.S. Securities and Exchange Commission said on Thursday it ordered Wells Fargo & Co to pay $35 million to settle charges it failed to adequately supervise investment advisers who were recommending high-risk products. Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network failed
This is the story all about how this mom threw a "Fresh Prince" baby shower. Berry, a '90s kid and Will Smith fan, said the theme for the baby shower came to her naturally when she found out her second child would be a boy. "When I was pregnant with my first child, Aubree, I would
NASHUA, N.H. (AP) _ Icad inc. (ICAD) on Thursday reported a loss of $3.3 million in its fourth quarter. The Nashua, New Hampshire-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs and severance costs, came to 10 cents per share.
Chief Executive Officer Mark Tritton said the restructuring, while difficult, was necessary and would reset the company's cost structure, allowing it to re-invest where it matters most. The company estimated a net pre-tax charge of about $26 million related to the program in the fourth quarter.
President Donald Trump's administration is considering invoking special powers through a law called the Defense Production Act to rapidly expand domestic manufacturing of protective masks and clothing to combat the coronavirus in the United States, two U.S. officials told Reuters. The use of the
With fears of a coronavirus pandemic rising, the response from Washington politicians has taken a decidedly partisan tone, while information from experts has become closely guarded.
The U.S. Federal Communications Commission is set to propose fining four major U.S. mobile phone companies at least $200 million in total for improperly disclosing some consumer real-time location data, two people briefed on the matter said on Thursday. The FCC is expected to announce the proposed fines
William Christopher Niemet, of Fulton, was charged with first-degree murder in the death of Greg Jones, whose body was found in June 1991 near a branch of the Moreau River near Russellville. Niemet, who was 15 at the time, and Jones were classmates, Cole County Prosecutor Locke Thompson said. Because
The U.S. Air Force changed lyrics in its service anthem by dropping gender references that exclude women. The change announced Thursday by the Air Force chief of staff, Gen. David Goldfein, is designed to make the service friendlier to women, The Gazette reports. "Our song must reflect our history
Communist-run Cuba will deliver its verdict in a closely watched case against Jose Daniel Ferrer, one of the country's leading dissidents, on March 12, his wife told Reuters on Thursday, the day after his trial. Ferrer, 49, was arrested nearly five months ago on charges of abducting a man and causing
When states like Florida pass laws to put more police officers in schools, the idea is to keep kids safe.The recent release of body camera footage from the arrest of a 6-year-old in a Florida school, however, shows that sometimes one threat to the students is the officers themselves.The video shows two
In a report from Utah, doctors describe the state's first rabies death since 1944, stemming from exposure to bats in the man's attic. Weeks had passed in which the man saw multiple healthcare providers and was transferred between hospitals, exposing potentially hundreds of health workers and
RICHARDSON, Texas (AP) _ RealPage Inc. (RP) on Thursday reported fourth-quarter profit of $20.2 million. On a per-share basis, the Richardson, Texas-based company said it had profit of 21 cents. The results exceeded Wall Street expectations.
A former broadband advisor picked by the Federal Communications Commission (FCC) to push high-speed internet access in rural areas has been arrested on multi-million dollar fraud charges. It is alleged that during her time with Alaska-based fiber optic cable provider Quintillion, former CEO Elizabeth
A man wanted for killing three people in a Southern California cemetery was arrested Thursday during a traffic stop in Wyoming, authorities said. Jose Luis Torres Garcia was taken into custody in Cheyenne, Wyoming, according to the Riverside County Sheriff's Department in California. The three
SCOTTSDALE, Ariz. (AP) _ Axon Enterprise Inc. (AAXN) on Thursday reported a fourth-quarter loss of $12.4 million, after reporting a profit in the same period a year earlier. The results exceeded Wall Street expectations. Axon expects full-year revenue in the range of $615 million to $625 million.
PLEASANTON, Calif. (AP) _ Workday Inc. (WDAY) on Thursday reported a loss of $128 million in its fiscal fourth quarter. On a per-share basis, the Pleasanton, California-based company said it had a loss of 56 cents. Earnings, adjusted for one-time gains and costs, were 50 cents per share.
NEW YORK/WASHINGTON (Reuters) - U.S. stocks plummeted on Thursday as fears about the effect of the coronavirus outbreak on economic growth flared even as U.S. officials pledged that they were stepping up efforts to safeguard Americans from the virus' spread. A day after President Donald Trump told
The twice-nominated folk musician, Elizabeth "Libba" Cotten won her first Grammy at 90 years old. Other famous acts including Joan Baez, Gary Clark Jr., Peter, Paul and Mary, and The Quarrymen, who evolved into The Beatles, also covered her songs. "She's very, very important to North
Two Ohio University students pleaded guilty Thursday for their involvement in the hazing death of an 18-year-old freshman, prosecutors said. Dominic A. Figliola, 21, and Cullen Willi McLaughlin, 21, both appeared before a judge to enter their pleas in the death of Collin Wiant, who died of asphyxiation