Chesapeake Energy (CHK.N), the No. 2 U.S. natural gas producer, said on Monday it had no plans to file for bankruptcy, after sources told Reuters the company had asked its longtime counsel to look at restructuring options.
... * FTSEurofirst 300 index tumbles over 3 percent. * Deutsche Bank top faller among big banks. * Energy shares track weaker oil prices.
Wall Street sank sharply on Monday as financial stocks sold off amid worries about interest rates and investors backed off from richly valued tech and consumer stocks amid persistent fears of a global slowdown.
Quicken Loans is taking flack for its Super Bowl ad, which focused on a new website, Rocket Mortgage, designed to make it easier to get a mortgage, so easy that you can do so on your phone.
Gasoline in the Pittsburgh area dipped 4 cents in the last week to $1.96 a gallon today, continuing a prolonged plunge as the global oil market shows no signs of easing, according to price-tracking website GasBuddy.