Exxon and Chevron Feel Brunt of Cheaper Oil

The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.

Business - The Wall Street Journal - November 1

Exxon and Chevron suffer profit falls on lower oil prices

Cheaper commodities and weaker refining margins hit earnings after bumper performances in 2022 and 2023

Business - Financial Times - November 1

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

Exxon beats earnings estimates, increases fourth-quarter dividend

Exxon's stock rose in early trading after beating earnings expectations.

Business - CNBC - November 1

Chevron beats earnings expectations, returns more than $7 billion to shareholders

Chevron's stock is largely flat for the year, underperforming the S&P 500 energy sector which has gained more than 6%.

Business - CNBC - November 1

Chevron’s stock climbs after a triple beat of profit, revenue and production

Chevron’s stock rallies after earnings and production beat expectations, and a record amount of cash was returned to shareholders.

Business - MarketWatch - November 1

Insta360 Link 2 Review: A Cheaper, Better Webcam

This second-generation motorized webcam makes steady improvements across the board.

Tech - Wired - Yesterday

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - October 31

Exxon Says Trump Should Keep U.S. in Paris Climate Pact

In an interview, Exxon Mobil CEO Darren Woods says President-elect Trump’s plan to pull U.S. out of the Paris agreement is a bad idea.

Business - The Wall Street Journal - November 12

Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal

Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.

Business - The New York Times - November 12

Exxon CEO says Trump won’t be able to ‘unleash’ new energy production

President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation’s largest energy company is doubtful ...

Business - MarketWatch - November 12

Exxon chief presses Trump to stay in Paris climate agreement

Exxon CEO Darren Woods urged President-elect Trump to stay in the Paris climate agreement as the oil and gas industry prepares for the new administration. In an interview with The Wall Street ...

Politics - The Hill - November 12

Chevron CEO says 'consistent and coherent energy policy' is what matters for the next administration

Chevron CEO Mike Wirth told CNBC's Jim Cramer what kind of government action is important for his company.

Business - CNBC - October 24

Cruise lines are having a moment as a popular — and cheaper — alternative to hotels

The pricing gap between cruises and land-based lodging is even wider than it appears, according to UBS.

Business - CNBC - October 27

Myths About Getting Cheaper Car Insurance for Teen Drivers

Here’s what could happen if you don’t tell your insurer about any teenage drivers in your family — or try to get a separate policy for them altogether.

Business - The New York Times - October 26

Cruise lines are having a moment as a popular — and cheaper — alternative to hotels

The demand for cruises is still going strong — and it doesn’t appear to be letting up anytime soon.

OpenAI Just Made an Important Service 80 Percent Cheaper

Voice-to-voice chatbots, now at a much more reasonable rate.

Business - Inc. - October 30

Will UK interest rate cut make mortgages and loans cheaper?

Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.

Apple MacBook Pro M4 review: faster, better and cheaper

Chip, memory, battery and power upgrades add to laptop’s appeal along with new webcam and Apple Intelligence. Apple’s upgraded MacBook Pro for 2024 gets a significant power boost with the M4 chip, ...

World - The Guardian - November 8

Counterfeit weight loss drugs sold online as demand for cheaper options grows

A surge in counterfeit versions of popular weight loss drugs is raising health concerns. U.S. Customs is intercepting fake medications with potentially harmful effects. Tom Hanson reports on the ...

Counterfeit weight loss drugs feed demand for cheaper options

Record demand for Ozempic, Wegovy and other weight loss drugs is fueling a surge of dangerous knockoffs.

Voters’ diploma divide widens even as college gets cheaper

The election showed voters are increasingly split by education level and angry about the economy even as college costs ease.

Politics - NBC News - 4 days ago

Amazon is beating other retailers on price, but here’s how you can beat Amazon

Bargain hunters are taking advantage of rebate platforms to bring costs down.

Business - MarketWatch - 23 hours ago

British Land Expects Retail Park Boost as Shops Seek Cheaper Space

British Land expects more shops to move to retail parks to offset anticipated higher costs following the U.K. government’s budget last month.

Business - The Wall Street Journal - Yesterday

Thanksgiving meals are expected to be cheaper in 2024 as turkey prices drop

The average Thanksgiving meal costs less in 2024 relative to last year, largely due to declining turkey prices, economists said.

Business - CNBC - 20 hours ago

Matt Gaetz feels the heat

The would-be attorney general is facing new pressure this week from his accusers and from Senate Democrats.

Politics - Politico - 3 days ago

Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal

Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.

Business - MarketWatch - November 1

Exxon CEO on U.S. election: 'Not sure how 'drill, baby, drill' translates into policy'

Oil production will be driven by market dynamics, not the outcome of the presidential election, Darren Woods said.

Business - CNBC - November 1

Exxon CEO says Trump should keep U.S. involved in global effort to address climate change

Trump has slammed the Paris climate agreement as "horribly unfair to the U.S."

Business - CNBC - November 12

Trump’s Victory Feels Like a Diagnosis

With Trump’s return, we are all about to find out how vulnerable we really are.

Top stories - The New York Times - 18 hours ago

Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.

The 30-year mortgage rate is averaging at 6.54%, Freddie Mac said in its latest weekly survey on Thursday.

Business - MarketWatch - October 24

Turtle Beach's Modular Xbox Wireless Controller Looks Cool And Is Cheaper Than Expected

Turtle Beach is releasing a modular wireless Xbox controller called the Stealth Pivot that launches November 26, and preorders are available now at Amazon. Compared to Turtle Beach's Stealth ...

Tech - GameSpot - October 29

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - November 7

The US extends avocado import permissions to Guatemala, but don't expect cheaper guacamole soon

The U.S. government has extended avocado import permissions to Guatemala, but don’t expect that to result in cheaper guacamole anytime soon

World - ABC News - November 8

Calvin And Hobbes Complete Hardcover Box Set Is Cheaper Than Its Prime Day Price, But It'll Sell Out Fast

The Complete Calvin and Hobbes Box Set $83.33 (was $225) | Click the coupon box to get full ...

Tech - GameSpot - 5 days ago

Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities

Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...

Business - MarketWatch - October 28

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