PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates
PayPal reported better-than-expected results for the second quarter and raised its full-year guidance for transaction margin dollars and earnings per...
Energy
Block shares soar 10% on entry into S&P 500
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in...
Pentagon to become largest shareholder in rare earth miner MP Materials; shares surge 50%
The Defense Department will become the largest shareholder in rare earth miner MP Materials after agreeing to buy $400 million...
OPEC+ members agree larger-than-expected oil production hike in August
The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in...
Trump megabill gives the oil industry everything it wants and ends key support for solar and wind
President Donald Trump's One Big Beautiful Bill Act ends long-standing federal support for solar and wind power, while creating a...
Clean energy stocks jump after tax on solar and wind projects is removed from Trump's big bill
Clean energy stocks rose on Tuesday after a tax on solar and wind projects was removed from the Senate version...
Robinhood gives out tokens of OpenAI and SpaceX in Europe. Stock hits record
CANNES, France — Robinhood stock climbed 10% to an all-time high Monday after the company rolled out tokenized shares of OpenAI...
Robinhood expands its global push, minutes from crypto chief's old cramped apartment in Cannes
CANNES — Fifteen years after flipping burgers at a McDonald's and teaching himself to code at night in a cramped...
Why electricity prices are surging for U.S. households
Kilito Chan | Moment | Getty ImagesElectricity prices are rising quickly for U.S. households, even as overall inflation has cooled.Electricity...
The Democrat, the Fracking Executive and the Deal They Struck. Can It Work?
Jan. 12, 2024 10:00 am ETAn unusual agreement between Pennsylvania Gov. Josh Shapiro and a natural-gas driller could serve as...
America’s Gas Bonanza Brings Biden New Political Dilemmas
The U.S. has become the world’s top exporter of liquefied natural gas. President Biden is finding that this superpower status...
Chesapeake Energy, Southwestern Energy Sign Merger Agreement
Chesapeake Energy and Southwestern Energy have agreed to merge in an all stock-transaction valued at $7.4 billion that is aimed...
Exxon Mobil Expects Up to $2.6 Billion in Upstream Impairments
Exxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related...
AI Is Ravenous for Energy. Can It Be Satisfied?
Every company betting that artificial intelligence will transform how we work and live has a big—and growing—problem: AI is inherently...
Occidental to Buy CrownRock for $12 Billion as Oil Patch Consolidates
Updated Dec. 11, 2023 8:13 am ETOccidental Petroleum announced a $12 billion agreement Monday to buy West Texas producer CrownRock...
The Next Chips to Transform EVs Could Be Made From Wood
Listen to article(2 minutes)ADELAIDE, Australia—Ivan Williams reckons he can help to break China’s dominance of a key ingredient of electric-vehicle...
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
Updated Dec. 5, 2023 5:25 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which...
Glencore-Led Group to Buy Teck’s Coal Business
Updated Nov. 14, 2023 5:10 am ETCanadian miner Teck Resources said it is selling its coal assets to a group...
China’s Spending on Green Energy Is Causing a Global Glut
Listen to article(1 minute)China’s newest solar-energy manufacturers include a dairy farmer and a toy maker.The new entrants are examples of...
Exxon Makes Lithium Play in Long-Term Bet on EV Demand
Updated Nov. 13, 2023 10:02 am ETExxon Mobil said Monday it is starting to drill for lithium in Arkansas and...
