Exxon Profits Surge Despite $3.4B Hit From Russian Exit
Exxon Mobil reported $5.48 billion in profits during the first quarter as oil and gas prices rose steadily.
Exxon Mobil reported $5.48 billion in profits during the first quarter as oil and gas prices rose steadily.
European countries that are dependent on Russian imports are looking to get greater access to the global natural gas market through a new pipeline that crosses a remote border area of Greece and Bulgaria.
The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4% annual rate, but consumers and businesses kept spending in a sign of economic durability.
Danish brewer Carlsberg says it saw a strong growth in the first three months of the year despite trying to sell its business in Russia, where it generated around 10% of its sales.
McDonald’s said higher U.S. menu prices and easing COVID restrictions elsewhere helped offset troubled markets like China and Russia in the first quarter.
Caterpillar’s first-quarter sales climbed as construction equipment demand continues to surge even though supply chain challenges still plague most industries.
New York City has passed one of the nation’s most far-reaching requirements for employers to tell job-seekers what they can make.
Facebook parent Meta’s first quarter profit jumped past Wall Street’s expectations despite slower revenue growth, sending shares up sharply in after-hours trading.
Payment processing giant Visa’s profits rose 21% in the first three months of the year fueled by a large jump in spending on the company’s namesake credit and debit card network.
General Motors’ net income declined in the first quarter, as the automaker sold fewer cars and trucks worldwide, though higher prices helped boost revenue, especially in North America.