-
Saudi Aramco profits fall 12% as oil prices drop
World’s largest oil company cuts dividend in blow to Riyadh’s budgetFinancial Times - 3h -
BP to slash spending on net zero ventures as it focuses on oil and gas again
British energy company BP has confirmed it is to slash spending on green ventures and up its oil and gas productionABC News - 5d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - Feb. 22 -
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.The New York Times - Feb. 24 -
Hong Kong stock exchange posts record profits after China stimulus
Listings and trading fees jumped in 2024 after Beijing’s moves to boost marketsFinancial Times - 5d -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - Feb. 20 -
Oil prices post a loss in February as U.S.-Ukraine tensions feed uncertainty
Prices on Friday finished off at the session’s lowest levels after a tense meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky dashed hopes for a Ukraine-Russia ...MarketWatch - 3d -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - 5d -
Shares of British aerospace giant Rolls-Royce hit all-time high on upbeat outlook, profit beat
Rolls-Royce on Thursday posted stronger-than-expected full-year earnings after making what it described as "significant" transformation progress.CNBC - 4d -
Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings.CNBC - 6d -
2025 NFL mock draft: Giants pass on quarterback, Jets replace Davante Adams in post-combine edition
Plenty of prospects showed out in IndianapolisCBS Sports - 21h -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
Consumers grew more pessimistic about the economic outlook in February as worries brewed about a slowing economy and rising inflation, the Conference Board reported Tuesday.NBC News - 6d -
February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
The board's Consumer Confidence Index slipped to 98.3 for the month, down nearly 7% and below the Dow Jones forecast for 102.3.CNBC - 6d -
NOAA set to slash jobs 'imminently'
Mass firings are set to hit the National Oceanic and Atmospheric Administration (NOAA) “imminently,” a source with knowledge told The Hill. The person, who asked to speak anonymously due to fear of ...The Hill - Feb. 21 -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - Feb. 20 -
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including McDonald's and Ares Capital.CNBC - Feb. 23 -
Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.The New York Times - Feb. 21 -
Trump to Revoke an Oil License in Venezuela
President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.The New York Times - 5d -
Oil and gas workers face dangers
Click for more from The Hill. {beacon} Energy & Environment Energy & Environment The Big Story Oil and gas workers face dangers The push to bolster fossil fuel production is heightening concerns ...The Hill - 9h -
Thanks to Trump, Saudi Arabia Gets a Big Week in Diplomacy
Riyadh is hosting U.S., Russian and Arab officials for high-stakes talks on Ukraine and Gaza, more proof of its regional clout and warm relations with President Trump.The New York Times - Feb. 20 -
What to Know About the Saudi Crown Prince’s Role in Global Diplomacy
The kingdom’s de facto leader, Crown Prince Mohammed bin Salman, was once shunned in diplomatic circles. Now he is playing an important role in negotiations over Gaza and Ukraine.The New York Times - Feb. 20 -
Investors told of golden age of US-Saudi co-operation at Miami conference
Trump is strengthening bonds with the oil-rich kingdom as he strains ties with other traditional alliesFinancial Times - Feb. 23 -
Saudi Arabia quietly steps up releases of political prisoners
Rights groups say conservative and liberal critics of the kingdom are among dozens freed in recent weeksFinancial Times - Feb. 25 -
Kiss the ring: business titans line up for Saudi Arabia and Trump
Plus, the chief executive at Prosus clinches his biggest deal yet and a new firm threatens the reign of FTI ConsultingFinancial Times - Feb. 25 -
Saudi border forces accused of killing ‘hundreds of Ethiopian migrants’
Witnesses making the crossing from Yemen report coming under machine-gun fire and seeing rotting bodies. Saudi Arabia’s forces are accused of using indiscriminate force against migrants on their ...The Guardian - 4d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - Feb. 21 -
Ignoring science for profit will have deadly consequences for America
We cannot sell out their climate future for the continued profits of powerful business interests.The Hill - Feb. 24 -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 6d -
Nigel Farage’s media company records £1.25mn profit
Reform UK leader’s earnings boosted by reality show appearance in late 2023Financial Times - 5d -
Elon Musk Is Dangling a $5,000 ‘DOGE Dividend’ Check for Americans
Musk says he will “check with the President” about the plan, but DOGE has already overstated some of its savings claims.Inc. - Feb. 19 -
The Investment Chief Behind the DOGE Dividend Explains His Pitch to Elon Musk
Azoria CEO James Fishback sees a way for President Trump to send $5,000 to every US taxpayer.Inc. - Feb. 20 -
A DOGE dividend could be a win-win-win for the GOP and Team Trump
With Democrats screaming that the sky is falling every time the Department of Government Efficiency axes one federal worker, Elon Musk’s team needs some good public relations.The Hill - Feb. 21 -
Trump and Musk float 'DOGE dividends.' Low-income Americans might not benefit.
President Donald Trump recently touted the of "DOGE dividends," which came to a 30-year-old investor in a dream and caught the attention of Elon Musk on X.NBC News - Feb. 23 -
DOGE dividend checks and Germany's far right makes gains: Morning Rundown
President Trump and Elon Musk float the idea of giving taxpayers checks with savings from government cuts.NBC News - Feb. 24 -
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.CNBC - 5d -
Unrivaled’s ‘summer camp’ vibes should pay dividends in WNBA season
A few days after Napheesa Collier won Unrivaled’s inaugural one-on-one tournament, which came with a $200,000 prize, she was greeted in one of the league’s hallways by a curious fan who wanted a ...Yahoo Sports - 3d -
10 dividend stocks for investors who also want growth
These companies have attractive dividend yields, and analysts expect them to show high growth rates for revenue and profits through 2026.MarketWatch - 17h -
The world’s biggest dividend has just been cut. Here’s why.
Saudi Arabian Oil Co. has slashed its massive dividend payout — the world’s biggest — as the state oil producer’s profit fell amid struggling oil prices.MarketWatch - 1h -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - Feb. 20
More from CNBC
-
China retaliates with additional tariffs of up to 15% on some U.S. goods from March 10
China announced Tuesday it would impose additional tariffs of up to 15% on some U.S. goods from March 10 and restrict exports to 15 U.S. companies.CNBC - 4h -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 32m -
Target will report earnings before the bell. Here's what Wall Street expects
Target is looking to reclaim its crown in the kingdom of discretionary merchandise after warning of a steep decline in profits late last year.CNBC - 5h -
Nvidia's unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore
Authorities in Singapore detained three people on charges of deliberately misrepresenting the final destination of U.S.-manufactured servers.CNBC - 10h -
'Tariff taskforce': Pharma firms scramble to prepare even as Trump levies risk flouting WTO rules
Europe's pharmaceutical firms are rushing to prepare for the potential fallout of U.S. import duties, even as analysts warn that levies on the sector could break global trade rules.CNBC - 3h
More in Business
-
Morgan Stanley now expects the ECB to cut on Thursday and again in April
Morgan Stanley says it now expects the European Central Bank to cut interest rates in April as it, like the market, expects a rate cut at Thursday’s meeting.MarketWatch - 23m -
As the U.S. halts military aid to Kyiv, how long can Ukraine continue to fight Russia?
U.S. military aid for Ukraine has been paused following the spectacular falling-out between President Donald Trump and Ukraine's Volodymyr Zelenskyy.CNBC - 31m -
Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears
Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.The New York Times - 31m -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 32m -
He Fought Claims of Harm From Infant Formula. Now He Regulates It.
Kyle Diamantas, a former corporate lawyer, is the new director for the F.D.A. food division, which oversees infant formula. He defended a top maker in cases claiming the company had not warned of ...The New York Times - 32m