Facing Record Inflation, Biden Chides Exxon, Oil Companies For Profits
By Trevor Hunnicutt and Jarrett Renshaw LOS ANGELES (Reuters) -U.S. President Joe Biden on Friday accused the U.S. oil industry,…
2022
Lockheed Expects To Begin Deliveries Of F-16 Combat Jets In 2024
(Corrects this June 8 story to remove reference to the United Arab Emirates and the Kingdom of Saudi Arabia in…
Tesla proposes a 3-for-1 stock split; Ellison to leave Board
NEW YORK (AP) — Tesla proposed a three-for-one split of its stock on Friday, a move that will make a…
Tesla To Seek Investor Approval For 3-for-1 Stock Split
By Akash Sriram and Hyunjoo Jin (Reuters) -Electric vehicle maker Tesla Inc on Friday proposed a three-to-one stock split, making…
Wall Street Suffers Biggest Weekly Loss Since January After Hot CPI Data
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks posted their biggest weekly percentage declines since January and ended sharply…
U.S. SEC Investigating Goldman Sachs Over ESG Funds – WSJ
(Reuters) – The U.S. Securities and Exchange Commission is looking into Goldman Sachs Group Inc’s asset-management division over its funds…
Dashed Peak Inflation Hopes Spell More Pain For Stocks And Bonds
By David Randall and Davide Barbuscia NEW YORK (Reuters) -Blistering inflation is threatening to reignite twin declines in U.S. stocks…
Soaring Inflation Fuels Bets On Sharper Fed Rate Hikes
By Ann Saphir and Lindsay Dunsmuir (Reuters) -Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will get…
Cosmetics Maker Revlon Nears Bankruptcy Filing – WSJ
(Reuters) – Cosmetics maker Revlon Inc is preparing to file for chapter 11 protection as soon as next week, the…
Oil Falls As U.S. Inflation Data Surges; China Imposes Lockdowns
By Stephanie Kelly NEW YORK (Reuters) – Oil prices fell on Friday, after U.S. consumer prices rose more than expected…