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Today: March 24, 2025
Today: March 24, 2025
Tanay Dhumal

Tanay Dhumal

Staff Writer

Latest From Tanay Dhumal

Business|Economy|Finance|Stock Markets|US

Occidental to divest some upstream assets for $1.2 billion

Occidental Petroleum said on Tuesday that it had struck two deals in the current quarter to divest some upstream assets to undisclosed buyers for a total of $1.2 billion,

Occidental to divest some upstream assets for $1.2 billion
Business|Economy|Finance|Stock Markets|US

Dow cuts 1,500 jobs as it looks to save $1 billion amid market pressures

Dow said on Thursday it will lay off 1,500 employees as part of its $1 billion cost savings plan due to lackluster demand and margin pressures, causing its shares to drop

Dow cuts 1,500 jobs as it looks to save $1 billion amid market pressures
Business|Economy|Environment|Finance|Stock Markets

XPLR Infrastructure shares tank on distribution suspension

XPLR Infrastructure said on Tuesday it will suspend its distribution to unitholders for an indefinite period, sending the company's shares down 30%.

XPLR Infrastructure shares tank on distribution suspension
Business|Finance|US

Pot stocks jump as U.S. DOJ moves to reclassify cannabis as a less dangerous drug

Shares of cannabis companies surged on Tuesday afternoon after the U.S. Department of Justice (DoJ) moved to reclassify marijuana as a less dangerous drug.

Business|Economy|Finance|Stock Markets|US

Exxon Mobil signals second-quarter earnings hit from refining margins, natural gas prices

Exxon Mobil said on Monday lower natural gas prices and refining margins are expected to hit the oil major's second-quarter earnings.

Exxon Mobil signals second-quarter earnings hit from refining margins, natural gas prices
Business|Economy|Finance|US

Exxon signals Q2 below market consensus, excluding Pioneer buy

Exxon Mobil Corp on Monday signaled that lower refining margins across the industry and lower natural gas prices will reduce profits in the second

Exxon signals Q2 below market consensus, excluding Pioneer buy
Uncategorized

ADM misses profit estimates on US demand dip and lower crush margins

By P.J.

ADM misses profit estimates on US demand dip and lower crush margins
News|Technology

Reddit resolves outage that hit thousands of users

Social media platform Reddit said on Wednesday it has resolved an issue related to an update that led to an outage affecting thousands of users.

Reddit resolves outage that hit thousands of users
Business|Europe|Finance|US

Dow forecasts weak Q4, sagging demand leads to review of some Europe assets

Chemical company Dow said on Thursday it has begun a review of some of its European assets, and forecast fourth-quarter revenue below market expectations.

Dow forecasts weak Q4, sagging demand leads to review of some Europe assets
Business|Economy|Finance|Stock Markets|US

Enbridge's Q3 profit more than doubles on acquisition contributions

Enbridge's third-quarter profit more than doubled from a year ago, the Canadian energy infrastructure company said on Friday, citing incremental

Enbridge's Q3 profit more than doubles on acquisition contributions

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