Chevron To Cut Up To 7,000 Jobs Due To Slump In Oil Prices

Potential Gas Price Change Anticipated Following Chevron and Exxon Mobil Q1 Profits Dip

Chevron (CVX) and Exxon Mobil (XOM) reported a decline in first-quarter revenue compared to the previous year, citing lower margins on refined product sales, sparking concerns among investors about the potential impact on gas prices and the energy market.


Tesla Cybertruck Owners Can Now Power Their Homes Using The Vehicle's Battery; But Installation Price Is Expensive

Tesla Cybertruck owners are exploring the potential to power their homes using their vehicle's battery, but the installation costs are proving steep, exceeding $30,000 for some.

Obamacare Membership Signup Growth Boosts Centene's Q1 Profits to $1.1 Billion

Centene's first-quarter profits soared past $1 billion, buoyed by a surge in Affordable Care Act (ACA) enrollment, offsetting declines in Medicaid participation post-public health emergency.

Barclays Under Fire for Financing an Oil Company $4.4 Billion to Release 7.5 Million Tonnes of Carbon Emission

Barclays faces environmental criticism for financing Eni, an Italian oil company, a total of $4.4 billion to boost oil and gas production, which emits 7.5 million tonnes of carbon.


Latest News

India Is Confident More Foreign Players Will Enter the Country's EV Market Due to New EV Policy Measures
The Department of Promotion of Industry and Internal Trade in India is confident that its new EV policy measures will attract and allow more global firms to enter the market.
Beijing Offers Subsidies for Companies That Buy Local AI Chips as China Cuts Reliance on Foreign Technology
Beijing city officials are providing subsidies for businesses that buy artificial intelligence (AI) chips made in China.
US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
US Secretary of State Antony Blinken has emphasized the importance of fair treatment for American businesses during his visit to China.
The Minneapolis City Council imposed a minimum retail price of $15 a pack on cigarettes to improve public health.
Donald Trump Pounces on Joe Biden's 'Bidenomics' Ahead of Hush Money Court Hearing
Former President Donald Trump lambasted "Bidenomics," or the economic policies under President Joe Biden, before entering the Manhattan courtroom on day seven of hush money trial.
Ascension Hit by Cyberattack, Disrupting Operations at Some of Its Hospitals
Amélie's French Bakery has encouraged customers to report the hacked Facebook page, which currently has 54,000 followers.
Walmart Founder's Son Rob Walton to Step Down From Board
Walmart announced on Thursday that Rob Walton, the longest-serving member of its board, will step down from his position.
Tesla's former executive Drew Baglino, who resigned last week, sold shares for $181.5 million, according to an SEC filing.
Google's Parent Company Alphabet Approves First-Ever Dividend as Shares Skyrocket
Alphabet Inc. gains impressive revenue growth in its digital advertising sector and promising advancements in artificial intelligence.
Honda to Spend $11 Billion to Build New EV Factories in Canada
Honda Motor is planning to invest $11 billion in Ontario, Canada, to build a comprehensive electric vehicle (EV) value chain.
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