Maersk Line reported a loss of $151 million compared to profit of $507 million in the second quarter of 2015.
Maersk reported profits for the period fell 86 percent to $224 million from $1.57 billion in the year-ago…
Plunging oil prices are affecting retailers located in oil-producing states.
U.S. stock indices lost more than 2 percent in value as a Chinese market crash sparked a global stock…
Stocks are lower as oil sells off again and Sears looks to be getting a new activist investor.
Crashing oil prices are taking down stocks as Nike signs lifetime deal with LeBron James.
Plunging oil prices is leading to layoffs for energy workers and retailers are feeling the effects.
Retailers haven't seen consumers spend their gas savings, but apparel-makers may see costs go down.