Bp to Book Up to 2 Billion Impairment

BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

Business - CNBC - 6 days ago

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Massive and historic autograph book up for sale

Joseph F. Mikulec spent years walking hundreds of thousands of miles to collect some 50,000 signatures, featuring everyone from presidents and prime ministers to local shopkeepers. The book, which ...

Intel takes $18.7bn in restructuring and impairment charges

Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demand

Business - Financial Times - 4 days ago

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - 5 days ago

She Starred in 'Teen Mom 2.' Now She Is Building a Book Empire.

With 11 million social-media followers, Kailyn Lowry is nabbing big-name authors for her podcast and offering influential recommendations.

Business - The Wall Street Journal - October 22

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.

Business - The New York Times - October 15

Biden administration announces $2 billion in funds to strengthen electric grid

The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...

Politics - The Hill - October 18

$2 billion marina development aims to turn Fort Lauderdale into 'mini Monaco'

The new development at the Bahia Mar marina will include a hotel, condo towers, a beach club, restaurants and retail space, according to the plans.

Business - CNBC - 5 days ago

Boeing to raise as much as $25 billion to shore up balance sheet

The equity or debt raise of up to $25 billion would be over three years Boeing said.

Business - CNBC - October 16

Boeing Seeks to Line Up Billions in Financing as Strike Goes On

The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.

Business - The New York Times - October 15

Boeing to raise as much as $25 billion to shore up balance sheet

Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...

UK Employment Reforms to Cost Firms Up to £4.5 Billion a Year

World - Yahoo News - October 21

Quentin Tarantino Loves Joker 2, Says It's A "F*** You" To Comic Book Fans

Todd Phillips' Joker: Folie à Deux may have flopped in theaters , but it's won the heart of at least one prominent director. Quentin Tarantino has come out in support of the Joker sequel, which ...

Tech - GameSpot - 6 days ago

Bruce Eric Kaplan just wanted to make his dream TV show. He ended up with a book instead

Bruce Eric Kaplan has turned his struggles getting a dream TV project off the ground during the pandemic into a comic primer about Hollywood called 'They Went Another Way'

Entertainment - Los Angeles Times - October 22

'Yeah, this is in': Ionescu's logo 3 has Liberty up 2-1

Sabrina Ionescu hit a tiebreaking 3-pointer from 28 feet with 1 second left and Breanna Stewart scored 30 points to help the Liberty beat the Lynx 80-77 on Wednesday night, taking a 2-1 lead in the ...

Sports - ESPN - October 17

UPS beat on revenue for the first time in 2 years, even as online sales slowed

UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.

Business - MarketWatch - October 24

Game 2 takeaways: Dodgers take 2-0 World Series lead, but Ohtani exits with injury

The Dodgers downed the Yankees, but now await word on the status of their superstar.

Sports - ESPN - October 27

'Electric' Yamamoto delivers, puts Dodgers up 2-0

Yoshinobu Yamamoto tossed his best game in a while, allowing just one hit as the Dodgers won 4-2 to take a 2-0 lead over the Yankees in the World Series.

Sports - ESPN - October 27

LA Clippers owner Steve Ballmer's $2-billion-plus bet on Intuit Dome

LA Clippers owner Steve Ballmer has spent more than $2 billion on the Intuit Dome, the Clippers' new home in Inglewood. He's hoping it will help propel the team to a championship.

US approves $2B in arms sales to Taiwan including advanced missile defense system

The United States has approved $2 billion in arms sales to Taiwan, including the delivery for the first time to the island of an advanced surface-to-air missile defense system

World - ABC News - October 26

Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform

At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.

Business - CNBC - 5 days ago

Political Division and Incivility Cost Companies $2 Billion a Day. Science Suggests Jiu Jitsu Persuasion Is the Answer

Want to have actually productive discussions at work? Research suggests jiu jitsu persuasion.

Business - Inc. - 4 days ago

World Series 2024: Sizing up the Yankees' and Dodgers' pitching — 2 rotations, 2 strategies, 1 goal

The Dodgers and Yankees arrive at the World Series having navigated October very differently with their starting pitching.

Sports - Yahoo Sports - October 23

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.

Business - MarketWatch - October 16

Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.

Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.

Business - CNBC - October 25

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off

Tech - ABC News - 5 days ago

Activist Investor Doubles Down on Calls for Executive Changes at BP

U.K. activist investor Bluebell Capital Partners is pushing BP to remove its chairman and lead independent director.

Business - The Wall Street Journal - October 14

BP reports lowest quarterly profit since pandemic on weak oil prices

Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase

Business - Financial Times - 6 days ago

BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas

The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principal aim” was increasing earnings.

Business - The New York Times - 6 days ago

Investors need clarity on BP policy not boss’s weak promises

Shareholders still do not know if giant will jettison goal to cut oil and gas production by 25% by 2030. There goes another of BP’s shiny targets-cum-ambitions. This one is not related to the pace ...

World - The Guardian - 6 days ago

BP's Profit Hits Four-Year Low on Commodity Market Weakness

BP’s profit tumbled in the third quarter, although less than expected, as weak oil prices and refining margins continue to weigh on the energy sector.

Business - The Wall Street Journal - 6 days ago

Mets come out swinging in Game 2 vs. Dodgers, tie NLCS

Francisco Lindor crushed a leadoff homer and Mark Vientos added a grand slam, and Los Angeles never recovered. The series heads to NY tied 1-1.

Sports - Yahoo Sports - October 14

MLB predictions, picks, best bets: Why Yankees are well-positioned to go up 2-0 in ALCS vs. Guardians

Game 2 of the ALCS is set for Tuesday night in the Bronx

Sports - CBS Sports - October 15

It’s Getting Harder for Aaron Rodgers and His 2-4 Jets to Get Back Up

This is the first time the 40-year-old quarterback has ever had a losing record after six games.

Sports - The New York Times - October 15

Rafael Nadal Was an Exceptional Tennis Player, but His Legacy Can Be Summed Up With 2 Sentences

Recently retired Rafael Nadal on gender, equality, and fairness.

Business - Inc. - October 16

America’s Cup 2024: New Zealand double up to take 6-2 lead over Great Britain – live

Team Emirates NZ lead Ainslie’s Ineos Britannia crew Report from races five and six | And email Yara Leg 3 of 6: So many potholes on the course but New Zealand are still maintaining that ...

World - The Guardian - October 18

Bp to Book Up to 2 Billion Impairment

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