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Chevron stock falls as lower profits and oil prices set to slow the pace of stock buybacks

U.S. crude oil prices have fallen as President Donald Trump's tariffs raise recession fears and OPEC+ pumps more oil.

CNBC
May 02, 2025
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Activists say ship aiming to sail to Gaza was attacked by drones

The incident happened off the coast of Malta. The government said a fire onboard the ship was "brought under control ov…

BBC
May 02, 2025
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TikTok fined $600 million for sending user data to China

TikTok has been ordered to pay €530 million (around $600 million) for sending European users’ data to servers in China,…

The Verge
May 02, 2025
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Organizers say ship carrying aid for Gaza hit by drones near Malta

The Freedom Flotilla Coalition said its vessel Conscience, carrying aid intended for Gaza, was hit by drones in waters …

Washington Post
May 02, 2025
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Chevron’s stock heads for 3-year low as earnings are hurt by lower oil prices
Chevron’s stock heads for 3-year low as earnings are hurt by lower oil prices

Shares of Chevron Corp. were sinking toward a three-year low in early trading Friday.

MarketWatch
May 02, 2025
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Exxon beats profit estimate as Pioneer acquisition fuels 20% production boost
Exxon beats profit estimate as Pioneer acquisition fuels 20% production boost

Oil major’s stock rises as its books volume growth in the Permian and Guyana and benefits from cost-saving efforts.

MarketWatch
May 02, 2025
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Russell Brand Is Granted Bail in U.K. Court Hearing on Rape Charges

The comedian, actor and YouTuber appeared before a London courtroom for the first stage of what could be lengthy crimin…

New York Times
May 02, 2025
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Temu abandons Chinese sellers as US tariffs force overhaul

Ecommerce company to source all US products from local merchants as ‘de minimis’ tax loophole closed

Financial Times
May 02, 2025
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Hong Kong police arrest family of pro-democracy activist, reports say

Anna Kwok's father and brother have been accused of helping the US-based pro-democracy activist with her finances, loca…

BBC
May 02, 2025
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Red Cross warns Gaza aid effort on ‘verge of collapse’ amid Israel blockade

ICRC says Israel has 'obligation' to meet the needs of Palestinians struggling to survive.

Al Jazeera
May 02, 2025
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Hedge funds > private equity

Wall Street has a new captain

Financial Times
May 02, 2025
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You absolute … ! Brits’ inventive way with words instils a certain kind of pride | Digested week

A poll on unnecessarily crude terms, good news on a male contraceptive – and the restorative nature of a solo trip to I…

The Guardian
May 02, 2025
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