Chevron, the second-largest U.S. oil company, reported a significant decrease in its fourth-quarter profit compared to the previous year. The decline was attributed to impairment charges. However, despite the challenging financial results, Chevron managed to achieve a record cash return to its shareholders in 2023. The company returned a total of $26.3 billion to investors
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The job market may appear robust on paper, with data showing that U.S. employers added 2.7 million people to their payrolls in 2023 and unemployment hitting a 54-year low at 3.4% in January. However, active job seekers are facing a different reality. Despite the positive numbers, finding a job has become increasingly challenging for many,
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Bristol Myers Squibb, one of the world’s largest pharmaceutical companies, reported better-than-expected earnings and revenue for the fourth quarter. The company’s portfolio of new drugs drove strong sales growth, contributing to its impressive performance. Bristol Myers Squibb exceeded Wall Street’s expectations for both earnings per share and revenue. The company reported adjusted earnings per share
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Amazon, the e-commerce giant, reported fourth-quarter results that exceeded analysts’ expectations, fueling investor enthusiasm and driving the company’s stock up more than 8% in extended trading. The impressive results were accompanied by robust guidance for the current quarter, further reinforcing Amazon’s position as a dominant force in the market. This article explores the key highlights
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