You can’t turn a supertanker quickly, as the old saying goes. Bailing out, on the other hand, takes no time at all. The last week’s double dose of weak Big Oil earnings from Exxon Mobil Corp. and Chevron Corp. followed hard on the heels of Royal Dutch Shell Plc’s debacle on January 30. Shares of both companies were down about ...

Airlines are perpetually on the alert against crashes. That doesn’t mean the coronavirus epidemic will lead to any corporate disasters. The outbreak that originated in the Chinese city of Wuhan could push some airlines in Asia to the wall, according to Alan Joyce, chief executive officer of Australia’s biggest carrier Qantas Airways Ltd. “A lot of airlines may not be ...

Three months ago, Tesla Inc. notched up a $9 billion gain in market capitalisation in the immediate aftermath of reporting a $143 million quarterly profit. On January 29, it reaped $12 billion on $105 million. Don’t forget the $50 billion it racked up in between those dates, of course. Tesla’s market cap has more than doubled to more than $100 ...