News

Elliott’s activist bet on BP goes from slick to slippery
BP boss Murray Auchincloss isn’t powerless amid the turmoil. He has trimmed investments and has plans to do more. Elliott, meanwhile, wants him to go even further — which is easier to do when times ...
BP reports 48% profit drop as strategy chief leaves
BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker gas trading and refining ...
BP Q1 earnings miss, Uber return to office: Trending Tickers
Yahoo Finance Senior Reporter Alexandra Canal joins Wealth host Brad Smith to dive into some of today's trending tickers. BP ...
Exclusive: RWE's top shareholder group opposes call for more share buybacks
RWE's municipal shareholders, the biggest investor bloc in Germany's top power producer, are opposed to calls for more share ...
Green energy chief quits BP as profits halve: Activist investor Elliott claims another scalp
A key architect of BP’s failed pivot towards renewables was ousted yesterday as profits halved.With notorious activist ...
BP Stock Drops as Earnings Miss, Buyback Cut. It’s a Warning for Exxon, Chevron.
The energy company’s weaker-than-expected first-quarter earnings were partly down to lower oil prices, but the London-based ...
Business Insider12h
The list of major companies laying off staff this year, including Morgan Stanley, Wayfair, UPS, and Meta
Boeing cut 10% of its workforce last year. BP slashed 7,700 staff and contractor positions worldwide. BP told Business Insider in January that it planned to cut 4,700 staff and 3,000 contractors ...