Although demand and commodity prices have shown signs of recovery, Chevron said they aren’t back to pre-Covid levels, and warned its results could continue to be depressed through the third quarter
Exxon Mobil Corp. posted its second consecutive quarterly loss for the first time this century on Friday, reporting a loss of $1.1 billion, compared with a profit of $3.
1 billion a year ago. Exxon, the largest U.S. oil company, had not reported back-to-back losses for at least 22 years, according to Dow Jones Market Data, whose figures...
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Pros And Cons Of Breaking Up The Big Tech CompaniesA recent proposal by Democratic presidential candidate Elizabeth Warren to break up big tech companies like Apple, Google, and Amazon has revived debate over whether they have too much power. The Onion looks at the pros and cons of breaking up the big tech companies.
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Sen. Mark Warner opposes Big Tech break-up – for now: 'Chinese companies may not be the better alternative'Warner's remarks came after Jeff Bezos of Amazon, Facebook's Mark Zuckerberg, Sundar Pichai of Google and Apple's Tim Cook testified before Congress on antitrust and anti-competitive behavior.
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Sen. Mark Warner opposes Big Tech breakup – for now: 'Chinese companies may not be the better alternative''These four [tech] companies have enormous power. I could argue that they rival Standard Oil and some of the trusts of the beginning of the 20th century.' Sen. Mark Warner says Big Tech is so powerful that data is 'the new oil.'
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4 Big Tech CEOs getting heat from Congress on competitionThe CEOS of four Big Tech companies disputed accusations of stifling competition during a House committee hearing. But the heads of Facebook, Amazon, Google and Apple sometimes struggled to answer pointed questions about their business practices.
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Big Tech testifies: Zuckerberg defends Instagram acquisition, Bezos skates by with zero questionsThis is CNBC's live blog of the House Antitrust Subcommittee hearing featuring testimony from the CEOs of Amazon, Apple, Facebook and Google.
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