Oil futures pulled back Tuesday, giving back some ground after a three-day rally driven in part by a new round of U.S. sanctions on Russia’s oil industry.
A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of devastation around Los Angeles.
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face of a 10-year-low in its stock price and four straight quarters of declining sales.
JPMorgan Chase & Co. on Tuesday named Jennifer Piepszak its new chief operating officer, but the company’s four major department heads remain more likely successors to Chief Executive Jamie Dimon to head up the largest U.S. bank.
