Denbury Resources, another energy bankruptcy?

2020-07-04

  Denbury Resources (NYSE: DNR) appears poised for another energy bankruptcy after failing to pay $8 million in interest on June 30 for its 6.375% convertible senior bonds due 2024. With $636 million in debt maturing in 2021, Denbury had little opportunity to escape restructuring, especially with oil still aroundRead More →

Fed study finds Trump tariffs backfired

2019-12-27

Getty Images President Donald Trump and Vice President Mike Pence examine a wheel loader from Caterpillar Inc. on the South Lawn of the White House in 2017. President Donald Trump’s strategy to use import tariffs to protect and boost U.S. manufacturers backfired and led to job losses and higher prices,Read More →