An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203.Bloomberg | Bloomberg | Getty ImagesExxon Mobil reported quarterly earnings that beat Wall Street's expectations, but the company's profit declined significantly from same period the year prior as oil prices weakened.Exxon declared a dividend for the...
A Chevron gas station sign is shown on October 23, 2023 in Austin, Texas.Brandon Bell | Getty ImagesChevron said its fourth-quarter profits fell sharply from a year ago, weighed down by a number of impairment charges, but the second largest U.S. oil company still to managed to return a...
The U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the unemployment rate held steady at 3.7%.Yet the job gains were slower than the same period a year ago, with the three-month average gain dropping to 165,000 a month compared with...
Occidental PetroleumJay L. Clendenin | Los Angeles Times | Getty ImagesOccidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion.The deal is latest in a spate of consolidation in the U.S .energy sector, particularly in the Permian,...
United Auto Workers (UAW) members on a picket line outside the Ford Motor Co. Michigan Assembly plant in Wayne, Michigan, US, on Friday, Sept. 15, 2023. Bloomberg | Bloomberg | Getty ImagesThe Biden administration is no longer sending two key officials to Detroit this week to potentially help broker a...
Mifepristone, also known as RU-486, is a medication typically used in combination with misoprostol to bring about a medical abortion during pregnancy and manage early miscarriage.Soumyabrata Roy | Nurphoto | Getty ImagesDrug company Danco Laboratories on Friday asked the Supreme Court to review the case challenging the legality of...