The New York Stock Exchange plans to delist the shares of troubled retailer RadioShack.

RadioShack Corp. has been struggling with weak sales that have rendered it unprofitable. The Texas-based company warned last year that it may have to seek Chapter 11 bankruptcy and its CEO recently warned it might not be able to find a plan to stay afloat.

This has hammered its stock price and the NYSE requires companies meet certain market capitalization thresholds to remain on the exchange.

LONDON — Oil giant BP reported a loss today of $4.4 billion for the fourth quarter of 2014, as oil prices plunged.The net income figure includes a $5 billion writedown on the value of BP's inventories, after the price of Brent crude, the benchmark for North Sea oil, dropped almost 50 percent last year.