The oil company’s profit milestone is almost a third higher than its previous peak.
Tag: financial performance
Stock Futures Edge Down Ahead of Key Inflation Gauge
US stock futures edged lower as investors await the release of a closely watched inflation gauge…
Louis Vuitton’s Owner Is Still Reading China’s Tea Leaves
The French luxury company projects record sales in 2022 thanks to US spending, but it is…
Chinese Education Stocks Gain After Post-Crackdown Business Overhauls
Market Companies venture to sell fresh produce and more non-academic tuition
H&M Profit Battered by Rising Costs, Russia Exit
The fast-fashion giant reported a 68% drop in annual profit after economic and geopolitical challenges hampered…
Hasbro to Cut Global Workforce by 15%
The layoffs are another sign that the economic uncertainty has spread beyond the technology and media…
Intel Slumps on Disappointing Earnings Amid PC Weakness
The once-booming chip industry has been hurt by declining consumer appetite amid concerns of a possible…
Comcast Loses Broadband Users, Gains Five Million Peacock Subscribers
Business revenue Peacock’s paying subscriber base tops 20 million, but streaming losses mount
Valero Can Keep Pumping Profits
US refiners had an extraordinary 2022. Low natural gas prices and a Russian product embargo show…
Blackstone Earnings Fall as Firm Misses Asset Target
The investment firm reported net income of $557.9 million during the fourth quarter, compared to $1.4…