Sector: Industrials

Chesapeake Energy shares soared late in trading Thursday on revelations that Carl Icahn and BlackRock have been on a buying spree.

Manufacturers that have counted on China for growth in recent years – while developed economies have been sluggish – expect that this year they will depend on the U.S. and, to a lesser extent, Latin America, while Asia and Europe drag on their results. The FT reports.

Not only are these American companies resilient, they often pay a juicy dividend, too.

Aubrey McClendon, the CEO of Chesapeake Energy Corp, has borrowed as much as $1.1 billion over the last three years against his stake in thousands of company wells — a move that raises the potential for conflicts of interest.

The White House unveiled a slate of legislative proposals on Tuesday aimed at cracking down on oil market manipulation. Here are the highlights.

President Obama, under pressure from rising gasoline prices, unveiled a $52 million program to strengthen federal supervision of oil markets.

U.S. President Barack Obama will announce a plan on Tuesday to increase oversight and "crack down" on oil market manipulation, the White House said.

President Barack Obama issued an executive order on Friday creating an interagency group to oversee development of natural gas from shale deposits as companies push the administration to approve terminals to export the fuel.

Energy tycoon T. Boone Pickens has been proselytizing for some time now about what he thinks is a secret weapon to reduce America’s dependence on foreign oil: natural gas. Some businesses and investors have been listening.

The industrial conglomerate reported quarterly earnings that beat analysts' expectations but revenue missed, sending its shares sharply lower in pre-market trading on Friday.

Official data show that industrial orders in Germany dropped sharply in November as demand from abroad dropped — nearly erasing a strong gain the previous month.

Iran's navy chief boasts that closing the Strait of Hormuz to oil traffic would be "easier than drinking a glass of water." Hardly, U.S. analysts say.

In 2011, we learned (again) that global events that we cannot control can shake the oil markets, send prices higher and steal money from your wallet.

Closing off the Gulf to oil tankers will be "easier than drinking a glass of water" for Iran if the Islamic state deems it necessary, Iran's top naval commander told the country's state television on Wednesday.

The typical American household will spend a record $4,155 filling up this year, or 8.4 percent of the family income, the highest since 1981.