Exxon Mobil Corp.

Stocks fall as Chinese Covid protests dampen market sentiment

Shares fell on Monday as social unrest caused by prolonged Covid restrictions in China weighed on the markets, driving down oil prices — after Wall Street recorded gains during the shortened Thanksgiving holiday week. The Dow Jones Industrial Average fell 160 points, or 0.5%. The S&P 500 and the Nasdaq Composite 0.6% and 0.4%, respectively. …

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Dow closes 800 points higher on Friday, registers fourth straight week of gains

Shares rose on Friday despite a tumble in Amazon shares after economic data pointed to slowing inflation and stable consumption. The Dow Jones Industrial Average closed at 828.52 points, or around 2.6%, up at 32,861.80. The S&P 500 added almost 2.5%, to close at 3,901.06. The Nasdaq Composite ended up around 2.9%, closing at 11,102.45. …

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Exxon illegally fired two scientists suspected of leaking information to WSJ, Labor Department says

New York CNN — ExxonMobil has been ordered to reinstate two scientists who were fired after they were suspected of leaking information to the Wall Street Journal, the US Department of Labor said Friday. A federal whistleblower investigation found the oil and gas giant unlawfully fired the two IT workers in late 2020. The Department …

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Walmart bets inflation will push customers to join subscription service

Walmart launched its subscription service, Walmart+ in 2020. It added perks including deeper gas discounts and free access to Paramount+. walmart Americans have tons of subscriptions. Even with inflation, walmart think they are willing to pay for one more. Walmart’s subscription service is Walmart+. The program includes benefits such as free shipping for online purchases, …

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Cisco, BJ’s Wholesale, Bed Bath & Beyond, Kohl’s and more

A customer walks down an aisle of a BJ’s Wholesale Club Inc. store in Falls Church, Virginia, USA Bloomberg | Bloomberg | Getty Images Check out the companies making the biggest moves at midday: Cisco Systems — Shares of the networking equipment maker jumped 5.8%. The company declared income after Wednesday’s bell that beat estimates. …

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