Author: super@dmin

Exxon Mobil announced its exit from Russia this week after Moscow grabbed the company’s 30% stake in the Sakhalin-1 oil and gas venture. Exxon Mobil has operated in Russia for more than 25 years.

Abbott, a major producer of COVID-19 tests, does not think there will be a strong appetite for kits

Shares of Generac Holdings Inc. suffered a record selloff on Wednesday, after the home generator maker issued an earnings warning and cut its growth outlook, citing pressure on residential sales.

Floyd’s family is suing the musician who now goes by Ye after he falsely claimed Floyd died of fentanyl use, and not at the hands of Minneapolis police.

FTC Chairwoman Lina Khan warned digital advertisers that the agency is considering new rules to protect children from “stealth” advertising.

Inflation eased a bit in the early fall, a Federal Reserve survey found, but prices were still rising rapidly while higher interest rates socked the economy and spurred more talk of recession.

U.S. shares of ASML Holding NV rallied Wednesday after the Dutch chipmaking-equipment supplier’s better-than-expected results and raised outlook boosted shares of peers like Lam Research Corp.

Shares of Redfin Corp. sank to their lowest level ever after the residential real-estate brokerage reported a steep drop in September home sales and listings.

U.S. stocks have advanced since the start of the week as the third quarter earnings reporting season has gotten off to a strong start, with the big banks and other large firms surpassing analysts’ expectations.

President Joe Biden delivers remarks as his administration rolls out plans to release 15 million barrels of oil from the U.S. Strategic Petroleum Reserve.