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Chevron Waives Retirement Age for CEO Mike Wirth
The oil giant reported higher-than-expected profit in the second quarter. Source link
Facing Big Storm Losses, Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Tesla to Report Second-Quarter Earnings Fueled by Sales Growth
Analysts are looking to see the impact of price cuts on the EV maker’s bottom line. Source link
Conagra Sales Rise, Profit Falls as Inflation Eases
The food manufacturer said shoppers continued to stomach rising food prices, boosting its margins and sales. Source link
KPMG Plans $2 Billion Investment in AI, Cloud Services
An expanded partnership with Microsoft is expected to bring in $12 billion in revenue for KPMG over five years, the Big Four accounting firm said.
Goldman Sachs Reports Lower Profit
Results were hurt by a slowdown in deal making and a sizable loss on the sale of part of its Marcus personal loan portfolio. Source
UnitedHealth First-Quarter Earnings, Revenue Up as Company Added Members
Business Earnings Company sees moderate health spending, but higher costs for drugs such as Ozempic Source link
Exxon CEO's Pay Jumps 52% Amid Rising Oil Prices, Record Profit
Darren Woods’s total compensation includes stock awards of $24.9 million and a nearly $6.4 million bonus. Source link