Exxon to push ahead with spending plans despite investor concerns

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Exxon to push ahead with spending plans despite investor concerns

NEW YORK (Reuters) – Two years into an ambitious growth plan to revive earnings at the largest U.S. oil company, Exxon Mobil Corp (XOM.N) said on Thursday it would stick to its plans to “lean in” to spending even as its shares have lagged those of …
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Stay Home: Amazon, Facebook, Google, Microsoft Tell Seattle Workers

Amazon, Facebook, Google and Microsoft are telling employees in the Seattle area to work from home as the business world tries to reduce risks from the spreading coronavirus outbreak. Facebook said a contractor in one of its Seattle offices had been …
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Why OPEC's proposed oil-production cut may not be enough steady the market

The Organization of the Petroleum Exporting Countries on Thursday recommended that its members and allied producers cut production by another 1.5 million barrels through the second quarter, but that unexpectedly large amount may not be enough to …
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Downtown Waco set to begin electric scooter rental service

WACO, Texas — Electric scooters could be zipping around downtown Waco once again. The city received nine proposals to bring a scooter service to the area and interviewed with three companies. Lime was the company selected and was ranked as the top …
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Cut flights, unpaid leave and hiring freezes: Airlines race to stem impact from coronavirus

WASHINGTON — Airline executives are racing to cut costs as coronavirus spreads, raising concerns about lower demand for travel that is sending shares to lows not seen in years. Airlines are waiving change fees for new bookings and in some cases cutting …
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