Google Alert - Business

	Business Daily update ⋅ July 31, 2021
	NEWS
	Bloomberg Exxon Goes It Alone With No Buybacks as Peers Revive Repurchases Bloomberg Exxon Mobil Corp. resisted the trend toward reviving share buybacks and said a strategic reboot is in the offing for the world's second-most valuable oil company. The shares slumped more than 2%. On a day when the company and rival Chevron Corp. swung ... Flag as irrelevant
	Reuters Chevron tops profit estimates, joins share buyback stampede Reuters July 30 (Reuters) - Chevron Corp (CVX.N) on Friday reported its highest profit in six quarters and joined an oil industry stampede to reward investors with share buybacks, as rebounding crude oil prices carried earnings and cash flow to pre-pandemic levels. Flag as irrelevant
	Reuters Services boost US consumer spending in June; inflation increases Reuters WASHINGTON (Reuters) -U.S. consumer spending rose more than expected in June as vaccinations against COVID-19 boosted demand for travel-related services, but part of the increase reflected higher prices, with annual inflation accelerating further above ... Flag as irrelevant
	Bloomberg Binance Drama Deepens as Malaysia Alleges Illegal Operations Bloomberg Follow @crypto Twitter for the latest news. The global regulatory crackdown on the world's largest cryptocurrency exchange by volume has deepened, with Malaysia issuing enforcement actions for alleged illegal operations. Binance Holdings Ltd., its Chief ... Flag as irrelevant
	Reuters UniCredit chief upbeat on Monte dei Paschi deal as takeover talks start Reuters MILAN (Reuters) - Unicredit is well placed to secure a beneficial deal with the Italian government in talks to take over Monte dei Paschi di Siena, which it sees as the best M&A option at present, its chief executive Andrea Orcel said. FILE PHOTO: A view of the ... Flag as irrelevant
	Forbes What Is Sector Rotation? Forbes One common sector rotation strategy is to rotate out of defensive stocks and into cyclical stocks when you believe that the economy is poised for growth. By contrast, if you believe that economic growth will slow, you may want to increase the exposure to ... Flag as irrelevant
	CNN Here are all the wildest allegations from the former Nikola chairman indictment CNN New York (CNN Business) A truck with the doors duct-taped on. Ford pickups masquerading as something else. The head of a company running to google whether or not the thing he had just promised inventors was even physically possible. These are some ... Flag as irrelevant
	Reuters US SEC says Chinese IPO hopefuls must provide additional risk disclosures Reuters July 30 (Reuters) - The U.S. securities regulator will not allow Chinese companies to raise money in the United States unless they fully explain their legal structures and disclose the risk of Beijing interfering in their businesses, the agency said on Friday, ... Flag as irrelevant
	Forbes Here Are Six Reasons Why Inflation Will Not Be Transitory Forbes Second, the current inflationary impulse could be driven by temporary pandemic-related supply chain breakdowns that may soon be fixed. Third, the Federal Reserve is once again using the same monetary stimulus playbook (buying U.S. Treasuries and agency ... Flag as irrelevant
	CNBC As more women opt out of the workforce, here's what we know about how that could affect their Social Security benefits CNBC One consolation, according to a report from the Center for Retirement Research at Boston College, is that income from Social Security in retirement may help bridge the income gap between mothers and childless women. Flag as irrelevant
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