Shell income double to almost $40 billion
Hong Kong/London CNN — Shell made a file revenue of just about $40 billion in 2022, greater than double what it raked within the earlier yr after oil and gasoline…
CEOs take pay cuts after brutal 2022
New York CNN Enterprise — Company boards are slashing the pay of some main CEOs in a brand new pattern that might simply be getting began. The pay cuts are…
Jobs report to offer clues about the place economic system is headed
A model of this story first appeared in CNN Enterprise’ Earlier than the Bell e-newsletter. Not a subscriber? You may enroll proper right here. New York CNN — The Federal Reserve…
Chevron earnings soar to document
New York CNN — Chevron reported a document full-year revenue of $36.5 billion, buoyed by excessive oil costs. Adjusted earnings for the 12 months greater than doubled from the $15.6…
Deserted buying carts price taxpayers 1000’s of {dollars}
New York CNN — Santa Fe, New Mexico, paid a neighborhood contractor $47,000 to spherical up about 3,000 buying carts across the metropolis in 2021 and 2022. Fayetteville, North Carolina,…
Neglect inflation, it is all about earnings
New York CNN — To every thing there’s a season and now could be the time for earnings. Over the previous few weeks traders have been squarely targeted on inflation…
Inventory sentiment is optimistic regardless of awful headlines
New York CNN — It’s solely early January, however thus far in 2023 the pendulum on Wall Avenue has swung (to paraphrase Billy Joel) from disappointment to euphoria. Shares are…
Japan desires its employees to get inflation-busting pay rises
Tokyo CNN — Japan is grappling with a file drop in salaries, at the same time as inflation continues to soar. The world’s third largest economic system reported its worst…
Macy’s says its holday gross sales can be on decrease finish
New York CNN — Seems inflation could have put a damper on the vacations. Macy’s chair and CEO Jeff Gennette stated lulls in the course of the non-peak vacation weeks…
Inflation is killing the primary dinner date
New York CNN — Singles are ditching dear white tablecloth meals for love within the park or on a stroll as an alternative. The excessive price of eating out and…