IRVING, Texas — Exxon reported first-quarter earnings of $4.65 billion Friday, coming up just short of expectations despite rapidly rising crude prices. Crude oil prices are recovering after years of low prices weighing down revenue and profit for Exxon and its peers. Higher prices helped offset higher costs and a drop in production. The Irving, […]
CALGARY — TransCanada Corp. reported a better-than-expected first quarter as it earned $734 million, up from $643 million a year ago. The pipeline company says the profit amounted to 83 cents per share for the quarter ended March 31 compared with 74 cents per share in the same quarter last year. Revenue totalled $3.42 billion, […]
Warning that ratepayers with the public insurer are ultimately the ones footing lawyers’ ad bills Life Insurance Blog
Insurer faced several challenges during the period Life Insurance Blog
SUPERIOR, Wis. — The Latest on an explosion and fire at a refinery in northwestern Wisconsin (all times local): 6:30 a.m. Police say an evacuation order has been lifted for a northwest Wisconsin city where a refinery plant explosion injured at least 11 people and sent billowing plumes of black smoke into the air. The […]
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The big question now is will other banks follow? Looks like it; RBC says it’s planning to lift its rate on Monday
BRUSSELS — The European Union has made a key breakthrough to completely ban pesticides that harm bees and their crop pollination. The 28 member states got a large majority backing the ban on the three prevalent neonicotinoid pesticides which will take effect at the end of the year. The decision builds on a limited ban […]
That’s the objective of two not-for-profits that won awards this month at the Skoll World Forum on Social Entrepreneurship. Part 2 of 2
TOKYO — Japanese entertainment and electronics company Sony Corp. has posted a loss in the January-March, quarter, dragged lower by its flagging mobile operations and unfavourable currency rates. Sony reported Friday a fiscal fourth quarter loss of 16.8 billion yen ($154 million), a reversal from the 27.7 billion yen profit posted a year earlier. Quarterly […]