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Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the […] This post is only…
Exxon delivers $9.2 billion second-quarter profit, raises output target
Exxon raises 2024 oil and gas output goal to 4.3 million bpd Raises capital spending guidance to $28 billion for 2024 Aims to cut cumulative $5 billion in costs through […] This post is only…
Fears for US economy drive tech-led global stock slump
August 2, 20247:06 AM CDTGlobal stocks dropped sharply on Friday, with richly-valued tech groups taking much of the pain, as investor anxiety about a U.S. economic slowdown sent shockwaves through […] This post is only…
Global Stock Market Meltdown Unabated
Published: 8/2/2024 8:13 AM ET | The sell-off in equity markets triggered by economic growth concerns that followed the weak PMI data from the U.S is continuing unabated. Renewed political tensions in the Middle East […] This post is only…
BCE says focused on cost management as Q2 revenue dips
BCE Inc. says its earnings rose in the second quarter as it focused on cost management in a highly competitive environment, while adjusted earnings dipped.The telecoms giant says earnings attributable […] This post is only…
Cenovus reports second quarter earnings of $1 billion, debt target hit
Cenovus Energy Inc. says it will be returning “substantially” more money to shareholders in upcoming quarters after achieving its debt reduction target.The Calgary-based oil and gas company says in second-quarter […] This post is only…
Canadian Natural reports earnings of $1.72 billion in second quarter
Canadian Natural Resources Ltd. says earnings were up in the second quarter in part because of higher oil sales and prices.The Calgary-based oil and gas producer says earnings were $1.72 […] This post is only…
TC Energy reports $963 million profit for Q2
TC Energy Corp. says it had a net income of $963 million in the second quarter, up from $250 million in the same quarter last year.Earnings worked out to 93 […] This post is only…
Thomson Reuters reports earnings of US$841 million in Q2
Thomson Reuters says its earnings slipped in the second quarter while revenue rose and it edged up its revenue outlook.The media giant says it had earnings of US$841 million in […] This post is only…