Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Fossil fuel producers and OPEC have rained on the IEA’s parade, offering wildly different projections for future energy demand.
ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.
Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.
This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.
In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.