Thursday, September 28, 2017

Chevron's CEO is leaving as oil industry faces uncertain future

Longtime Chevron CEO John Watson is stepping down, clearing the way for a new captain to steer the oil giant through a turbulent period in the industry.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+40.49   +0.19   +3.02
22,381.20   6,453.45   2,510.06
+0.18%   +0.00%   +0.12%
YTD +13.25%   YTD +19.88%   YTD +12.11%
 
Biggest Winners
McCormick & Company Inc +5.39%
 
AbbVie Inc +4.97%
 
Applied Materials Inc +3.64%
 
Freeport-McMoRan Inc +3.00%
Biggest Losers
Navient Corp -3.93%
 
TripAdvisor Inc -3.53%
 
Gilead Sciences Inc -3.52%
 
Range Resources Corp -3.38%
Hottest ETF
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NYSE Market Volume
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Key Stats Latest Today's Change
Oil $51.57 +0.01 / +0.02%
Gold $1,289.80 +1.10 / +0.09%
10-yr 2.31% 0.00 / 0.00%
Euro $1.18 +0.00 / +0.34%
News: What you need to know about the markets
 
 
Chevron's CEO is leaving as oil industry faces uncertain future
Longtime Chevron CEO John Watson is stepping down, clearing the way for a new captain to steer the oil giant through a turbulent period in the industry. Read more »
 
Is BlackBerry making a comeback?
BlackBerry shares have soared thanks to strong sales of software and services. The company even posted a profit. Can BlackBerry, which is increasingly relying on security and connected cars, continue to rebound under CEO John Chen? Read more »
 
Roku's IPO price values it at $1.3 billion
Roku is hoping investors tune in to its $219 million initial public offering. Read more »
 
Microsoft CEO: I'm a product of the American dream
Microsoft CEO Satya Nadella is a product of the American dream. He says it's in America's interests to keep that dream alive, for future immigrants. Read more »
 
Record inequality: The top 1% controls 38.6% of America's wealth
The richest 1% of families controlled a record-high 38.6% of the country's wealth in 2016, according to a Federal Reserve report published on Wednesday. Read more »
 
Saudi Arabia is borrowing billions more
Saudi Arabia taps global investors for the third time in less than a year as it tries to balance it books. Read more »
 
 
 
 
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Tracking the Taylor Farms recall

Also: A new tariff on Canada ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏...