Exxon aims for $15-a-barrel costs in giant Permian operation

Chevron Corp will slash capital spending by $4 billion this year and suspend share buybacks, the latest oil company to cut costs in the face of an unprecedented slide in oil prices......»»

Phoenix-based mining giant Freeport-McMorRan Inc. on Monday announced measures to cut costs in response to global economic uncertainties brought on by the COVID-19 pandemic and a resulting plunge in copper prices. For starters, the company’s board of .....»»

As Exxon Mobil Corp. works on a plan to cut costs, investors are pondering whether Exxon and Chevron Corp. are going to forgo paying dividends for the first time in decades.....»»

In the manufacturing world, it's beneficial for suppliers to be close to the original equipment manufacturer to cut down on things like shipping costs between facilities. That was a primary reason why Collins Aerospace, part of United Technologies Co.....»»

Humana says it will not charge patients copays when they get tested for COVID-19. The Louisville-based health care giant joined a group of major American insurers by agreeing to waive out-of-pocket costs for coronavirus testing. The announcement c.....»»

For many Americans, a trip to the pharmacy can be a harrowing experience. It’s not because prescription drugs aren’t bringing relief and better health. It’s the prices. They’re expected to rise 5.8 percent this year. And that isn’t even .....»»

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Thursday it would stick to its plans to "lean in" to spending even as its shares have lagged its competitors, which are cutting costs......»»

Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil said on Tuesday it would stick to its spending plans even as its rivals trim costs......»»

The startup is the appliance giant's latest installment in its move toward collaborative, social cooking......»»

The entertainment giant has lived a charmed life for the past 10 years. But trouble could land in the form of coronavirus, accelerated cord-cutting, customer churn and rising costs of content, among other things......»»

Shell Oil on Monday said it has inked a partnership with ticket reseller Vivid Seats. The first-of-its-kind deal for the ticket reseller aims to help Vivid Seats customers who are also members of Shell's loyalty program save on fuel costs when t.....»»

Netflix Inc. is rolling out a new feature this week that aims to help viewers find something to watch by showing them what's popular on the platform. The streaming giant has unveiled a top 10 ranking that is updated daily and specific to the user'.....»»

Cathy Engelbert, the former CEO of accounting giant Deloitte, last year underwent a dramatic career change by becoming commissioner of the WNBA. She is the first executive to hold that title, a sign... To view the full story, click the title link......»»

America Movil , the Mexican telecommunications giant, on Tuesday reported a fourth-quarter net profit of 21.19 billion pesos ($1.12 billion), up 63% from the same period last year, helped by reduced costs and currency appreciation......»»

Duke Energy acknowledges costs for repairs after hurricanes and other extreme weather are rising significantly in the Carolinas and Florida — so what is the Charlotte-based power giant doing about it?.....»»

Shares of Exxon Mobil Corp. sank Monday to the lowest prices seen in a decade, after Goldman Sachs analyst Neil Mehta said it was time to sell, citing concerns that the oil giant is on track to come up well short of its target for investment returns......»»

Shares of Exxon Mobil Corp. tumbled 4.2% in afternoon trading, putting them on course to close at the lowest level since September 2010, after the oil giant repo.....»»

Beyond Meat Inc. stock jumped 8% in Tuesday trading after news from Starbucks Corp. Chief Executive Kevin Johnson that the coffee giant aims to add more plant-based items to its menu. Starbucks stock is nearly unc.....»»

Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies......»»

2020 is expected to be another strong year for stocks, but oil and gas giant Exxon Mobil Corporation released data that is being viewed as a reason to expect lower fourth quarter earnings according........»»