Democratic lawmakers accuse big oil of ‘greenwashing’
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record high earnings during the second quarter of 2022 as…
White House advisor says Biden team not against oil company profits
ABU DHABI, United Arab Emirates — President Joe Biden is making no secret of his frustration with high gas prices and the oil companies making record profits as a result.…
Meta Platforms, Teladoc, Credit Suisse
Check out the companies making headlines in midday trading Thursday. Meta Platforms — The Facebook parent slumped 24.6% after issuing weak guidance for the current quarter and missing earnings estimates…
Oil giant Shell plans to raise dividend as it reports third-quarter profit
The logo of Shell on an oil storage silo, beyond railway tanker wagons at the company’s Pernis refinery in Rotterdam, Netherlands, on Sunday, Oct. 23, 2022. Bloomberg | Bloomberg |…
Compass, General Electric, Shell, Pinterest and more
The sign of a Shell petrol station is seen in front of a burning pilot flame atop a flare stack at the refinery of the Shell Energy and Chemicals Park…
Fund manager says we’re in a ‘multi-year’ bull market
Oil has been on quite a ride this year, as prices soared due to the Russia-Ukraine war — and then turned volatile. Global benchmark Brent came close to its all-time…
Peloton, Shell, Compass and more
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock added 2% in the premarket after it reported better-than-expected quarterly profit and sales. Conagra…
Siemens commissions German production plant
A Siemens logo in Germany. The industrial giant says that a newly commissioned green hydrogen plant in the country will use wind and solar power from the Wunsiedel Energy Park.…
Shell CEO Ben van Beurden to be replaced by Wael Sawan next year
Wael Sawan will become Shell’s next chief executive on Jan. 1. Ina Fassbender | Afp | Getty Images Oil giant Shell on Thursday announced that CEO Ben van Beurden will…
Lululemon, Broadcom, Starbucks and more
Check out the companies making headlines before the bell: Lululemon (LULU) – Lululemon rallied 9.5% in the premarket after reporting better-than-expected quarterly results and issuing an upbeat outlook. The athletic…