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Chevron profit surges 26% on higher output, termination fee

Chevron Corp reported a 26.3% jump in quarterly profit on Friday, as higher oil and gas production and a one-time breakup fee from its failed bid for a rival more than offset lower energy prices and a rise in expenses.



4 years ago

U.S. hiring slows; manufacturers cut hours for workers

U.S. job growth slowed in July and manufacturers slashed hours for workers, which together with an escalation in trade tensions between the United States and China could give the Federal Reserve ammunition to cut interest rates again next month.



4 years ago

Trump tariff salvo pushes stocks into sea of red, safe havens shine

European stocks posted their biggest drop of 2019 on Friday and bond yields tumbled to record lows after U.S. President Donald Trump fired another trade war salvo at China, sparking a frenzied dash for safe-haven assets.



4 years ago

Bitcoin is an Unstoppable Force

Daily Fintech  | Ilias Louis Hatzis | July 29, 2019 TLDR. During the recent House Committee on Financial Services’ hearing about Facebook’s, Libra, Rep. Patrick McHenry described Bitcoin as an unstoppable force: “The world that Satoshi Nakamoto — author of the Bitcoin white paper — envisioned, and others are building, is an unstoppable force. We

4 years ago

Levi's slims down China supply chain exposure as trade war rages on

Levi Strauss & Co has been "deliberate and diligent" in moving production out of China because of uncertainty hanging over tariffs on goods imported from China, Chief Executive Officer Chip Bergh said in an interview with Reuters.



4 years ago

Wall Street drops to one-month low on trade, growth fears

Wall Street's main indexes sank to one-month lows on Friday after a sharp escalation in U.S.-China trade tensions and tepid job growth in July reinforced fears of a global economic slowdown.



4 years ago

In these days of full employment, Vermont tackles labor shortage by paying workers to move there

Vermont has a labor problem — its workforce is one of the oldest in the nation, and it's dwindling. It has a plan to combat the decline.

4 years ago

Mizuho calls this company "the Apple of oil," sees 40% gain

After shakey earnings for oil producer EOG Resources, the company's stock is well positioned to outperform, according to Mizuho Securities.

4 years ago

U.S. hiring cools; manufacturers reduce hours for workers

U.S. job growth slowed in July and manufacturers slashed hours for workers, which together with an escalation in trade tensions between the United States and China could give the Federal Reserve ammunition to cut interest rates again next month.



4 years ago

U.S. consumer sentiment unchanged in late July: UMich

U.S. consumer sentiment held steady in late July from earlier in the month as optimism about personal finance offset uncertainties about the trade conflict between Washington and Beijing, a private survey released on Friday showed.



4 years ago

U.S. tariff threat may compound Apple's iPhone woes: BofA

Apple Inc could see a hit to its annual earnings from U.S. President Donald Trump's newly proposed 10% tariff on Chinese imports from September 1, analysts from Bank of America Merrill Lynch said on Friday.



4 years ago

These strategies will help your child get more college financial aid

Some parents are breaking the rules to get their childen more college financial aid. Here are some legitimate ways to pick up more federal, state and university aid.

4 years ago

Volvo Cars, China in first blockchain project for recycled cobalt

Volvo Cars, owned by China's Geely [GEELY.UL], has produced the first cars containing recycled cobalt mapped using a blockchain, and has joined a separate project to monitor cobalt from Democratic Republic of Congo, Volvo said.



4 years ago

Google to allow rivals to bid for place among default Android options

Alphabet's Google will allow rivals to buy the chance of winning default search engine status on new Android devices in Europe, the U.S. company said on Friday in its latest proposal to ward off fresh EU antitrust penalties.



4 years ago

Take Five: Trade war whiplash and other market themes for the week ahead

It's been a familiar pattern in the Sino-U.S. trade war since 2018. Combative tweets from Donald Trump, high-level talks between the two sides, a stalemate, more tariffs and counter-tariffs, and then conciliatory messages.



4 years ago