Exxon working on direct air capture but costs need to fall
Darren Woods, CEO of ExxonMobil, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Exxon Mobil…
Stocks making the biggest moves midday: MSFT, GOOGL, XOM, SNAP
Check out the companies making headlines in midday trading: Microsoft — Shares added 1.8% after the tech giant reported better-than-expected fiscal third-quarter results as its Azure business continued to show…
Economy increased at a 1.6% rate
U.S. economic growth was much weaker than expected to start the year, and prices rose at a faster pace, the Commerce Department reported Thursday. Gross domestic product, a broad measure…
UK tech darling Darktrace rallies after agreeing $5.32 billion sale to private equity firm Thoma Bravo
In this photo illustration a DarkTrace logo is displayed on a smartphone with stock market percentages in the background. Sopa Images | Lightrocket | Getty Images LONDON — British cybersecurity…
Chevron (CVX) Q1 earnings report 2024
Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Chevron beat earnings expectations Friday, but its profit fell…
Key Fed inflation measure rose 2.8%
Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated. The personal consumption expenditures price index…
A350 plane production increase not tied to Boeing troubles
An Airbus employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on Feb. 29, 2024. Sebastien Salom-gomis |…
Exxon (XOM) Q1 2024 earnings report
An Exxon gas station is seen on October 06, 2023 in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Exxon Mobil on Friday reported first-quarter…
Anglo American rejects BHP’s $39 billion takeover bid to form mining juggernaut
Iron ore mining in western Australia. Cuhrig | E+ | Getty Images Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer “significantly…
Stripe co-founder says high interest rates wiped out ‘wackiest’ ideas
Rising interest rates crushed technology valuations and had a chilling effect on Silicon Valley. Stripe’s co-founder says it was needed. “Broadly speaking, the effects of higher rates have been quite…