The Drilldown: Exxon Mobil cutting jobs due to 20 per cent less demand for oil

The Drilldown: Exxon Mobil cutting jobs due to 20 per cent less demand for oil

The Lead. Exxon Mobil Corp. will be revealing its final workforce appraisals in the U.S. and Canada very soon, according to the company’s chief executive. Earlier this spring, the oil major unveiled a plan to make cuts to its workforce in hopes of improving the …
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CTA faces $375 million budget shortfall as ridership still down a million people per day

With a million fewer daily riders on Chicago’s buses and the ‘L’ during the pandemic, the CTA is seeking new federal funds to cover a projected $375 million budget shortfall next year. While there are no plans to reduce service or increase fares as it enters …
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Trump Signals He Won't Dial It Back At Debate: Zaino (Radio)

Jeanne Zaino, Professor of Political Science at Iona College and Bloomberg political contributor, previews the last Presidential debate before the
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Tax Fraud Blotter: Refunds, rebates, remanded

Smith also failed to report his ownership of his foreign bank accounts in the British Virgins Islands and Switzerland. He used millions of this unreported
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Here's why Intel's stock just dropped 10% after reporting earnings

The third-quarter earnings cycle is just getting underway, but we’ve already seen a few companies post numbers that investors did not like. Netflix missed on several metrics yesterday and was punished, and today Intel is joining the video streaming giant in …
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