In the wake of Russia’s invasion of Ukraine, a host of major U.S. corporations described their efforts to exit the country. With the war about to enter its sixth month, Read more
Tag: crude oil
Uniper shares plummet after scrapping 2022 outlook due to Russian gas supply crunch
Shares in Uniper SE fell sharply after the German utility scrapped its earnings targets for the year as it struggles to overcome natural gas supply restrictions from Russia. At 0854 Read more
4 types of cars you should never let your teen buy, and why a Tesla might be among them
It’s time for your teen to buy a car. You’ll want to set some ground rules. The last thing you want is to put your child into the driver’s seat Read more
BP to assist with travel expenses for U.S. employees following abortion ruling
BP PLC BP, -1.03% BP, +0.16% said Wednesday it will assist with travel expenses of U.S. employees for covered health care services after the Supreme Court’s ruling on abortion. “We Read more
Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022
At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has Read more
Another reason to swap your gas stove? Study finds cancer-causing chemicals in natural gas
The natural gas that lights popular gas stoves for both home and professional cooks contains low concentrations of several pollutants and chemicals linked to cancer, a new study has found. Read more
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There Read more
Tesla faces questions on its climate-change bona fides
First it was Tesla’s exclusion from a major S&P environmental index. Now the electric-vehicle pioneer is called out by watchdog CDP to come clean on its climate-change impact. Nonprofit environmental Read more