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2 mins read
US stocks end mixed as energy sector rides surge in oil prices while tech stocks fall
Energy stocks started the second quarter of 2023 in rally mode while tech stocks softened after the…
Carla Mozée
2 mins read
The 10 biggest winners in the S&P 500 this year were led by an oil giant Warren Buffett owns. The top stocks saw a combined $357 billion increase in market value.
About 70% of S&P 500 companies saw negative returns in 2022, which makes it all the more impressive…
Matthew Fox
2 mins read
Cheap Russian oil is heading to China and India amid sweeping sanctions
Russia is the world's third-largest oil producer, but demand for the country's products have fallen…
Huileng Tan
1 min read
Green-energy stocks tumble on higher chance of a Republican-controlled Senate
Investors fled renewable-energy stocks and initially bet on oil-and-gas companies as the prospect o…
Theron Mohamed
2 mins read
Watch Blue Ivy barge in on Jay-Z and Beyoncé's romantic date night in their latest Tiffany & Co. campaign video
The 9-year-old Grammy Award-winner makes a brief cameo in the latest video from her parents' "About…
Claudia Willen
1 min read
Sarcos Robotics eyes $1.3 billion valuation in merger with SPAC backed by ex Credit Suisse exec
The transaction is expected to close in the third quarter of 2021. It will trade under the Nasdaq t…
Isabelle Lee
3 mins read
Global stocks slip and oil dips after Fed Chair Powell signals bigger-than-usual rate hikes are on the cards
Powell said a 50-basis-point hike is on the table for May, and investors anticipating a series of h…
Shalini Nagarajan
1 min read
The post-pandemic economy will see a new class of growth stocks emerge, Fundstrat's Tom Lee says
Tom Lee is reiterating his call to shed Zoom, Netflix, and Peloton. He says stocks that hinge on an…
Emily Graffeo
2 mins read
10 things before the opening bell
Jobless claims on the rise, space tourism, and the lumber market.
Phil Rosen
3 mins read
Watch Beyoncé sing 'Moon River' and flirt with husband Jay-Z in a romantic new video for their Tiffany's campaign
The 40-year-old covered Audrey Hepburn's song from the classic 1961 film "Breakfast at Tiffany's" i…
Claudia Willen
5 mins read
Big oil companies say they support gay rights, but operate in more than 40 countries that criminalize same-sex behavior. It leaves some LGBTQ workers caught between 2 worlds.
For LGBTQ oil workers in countries that outlaw same-sex relations, antidiscrimination policies aren…
Benji Jones
1 min read
10 things you need to know before the opening bell
This is what traders are talking about.
Shalini Nagarajan
5 mins read
As oil gains stall, the nation's largest oil company looks to job cuts
Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…
Benji Jones
2 mins read
Oil veteran and ex-Aramco director Andrew Gould says OPEC - the 'so-called central bank of oil' - has disappeared
"OPEC, as the so-called central bank of oil, has disappeared," Gould said, speaking to the FT from …
Shalini Nagarajan
1 min read
10 things you need to know before the opening bell
8. Stocks are up. In Europe, Germany's DAX rose 4.2%, Britain's FTSE 100 rose 3.6%, and the Euro St…
Shalini Nagarajan
2 mins read
One of the largest energy companies says American drillers are splurging again
The latest quarter included a $536 million restructuring charge as well as a $139 million charge re…
Akin Oyedele
7 mins read
The top energy stories of 2020 - and what to expect in the year ahead
Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…
Benji Jones
5 mins read
The top 25 oil and gas companies lost more than $810 billion in the last three months. Here's a ranking of the biggest losers.
Slashing spending typically means paring back oil and gas exploration and cutting staff. Several co…
Benji Jones,Benji Jones
3 mins read
One in four Indians in the working age is unemployed as corporate layoffs continue— making crisis worse and delaying economic recovery
This comes in the backdrop of the ongoing job crisis due to the lockdown. Companies are aggres…
2 mins read
Exxon Mobil, BP and other oil stocks are surging after strikes on Saudi oil fields wiped out half of the Kingdom's oil output
"That's not just because of the current disruption from Saudi Arabia, but the fact that the chances…