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Investors fear Big Oil could cut share buybacks as crude prices slump

Business

Investors fear Big Oil could cut share buybacks as crude prices slump

When Exxon Mobil and Chevron report first-quarter results this week, investors will be focused on how falling oil prices have increased the risk to dividends and share repurchases for the rest of 2025.Big Oil has made returning cash to investors through dividends and share repurchases a strategic cornerstone of its efforts to woo Wall Street. U.S. President Donald Trump's global tariff announcements have stoked fears of a recession and weaker […]

todayApril 28, 2025 5

Trump administration allows temporary sales of summertime higher-ethanol fuel

Business

Trump administration allows temporary sales of summertime higher-ethanol fuel

The Trump administration on Monday issued an emergency waiver to allow the sale of a higher-ethanol gasoline blend to be sold this summer nationwide, saying it will add to fuel supply during the peak U.S. driving season and bring down costs.The move likely will benefit biofuel producers and corn farmers, as it is expected to expand the market for their products. Both industries have pushed for nationwide year-round sales of […]

todayApril 28, 2025 12

‘Drill, Baby, Drill’: White House cheers first production from new Gulf of America oil field

Business

‘Drill, Baby, Drill’: White House cheers first production from new Gulf of America oil field

The first oil production from a joint U.S.-French corporate venture in the Gulf of America was a welcome indication that President Donald Trump’s agenda to "unleash American energy dominance" is taking shape, the White House told FOX Business.American energy titan Chevron and French firm TotalEnergies announced the start of production last week from the deep-water Ballymore oil field off the coast of Louisiana and Mississippi, in what is a 60-40 […]

todayApril 28, 2025 3

Car lover’s $29M home in Fort Lauderdale, Florida, is on the market

Business

Car lover’s $29M home in Fort Lauderdale, Florida, is on the market

A home with room for seven cars in its garages is on the market in South Florida.The waterfront property, situated in sunny Fort Lauderdale, carries a price tag of just shy of $29 million, according to its listing with Douglas Elliman’s Julie Jones.The Modern Mediterranean-style main house boasts nearly 7,700 square feet of living space. It features a total of five bedrooms, with six full bathrooms scattered throughout.It underwent an […]

todayApril 27, 2025 7

Courtney Love’s former New York home on the market for $9.45 million

Business

Courtney Love’s former New York home on the market for $9.45 million

Courtney Love's former home in New York is looking for its new owner.The Manhattan loft has been placed on the market for $9.45 million by its current owners Stefan Sonnenfeld and Missy Papageorge, both of whom are co-founders of Company 3.Love reportedly purchased the apartment in 2001 for $2.6 million, and lived there for five years before selling it for $5 million in 2006. The current owners then purchased the […]

todayApril 27, 2025 5

Artificial Intelligence transforming the vacation-planning process

Business

Artificial Intelligence transforming the vacation-planning process

With summer travel season just around the corner, millions of Americans are already gearing up to get on the road. Travelers are taking to AI to skip most of the hard part: planning. "Things are always moving a mile a minute and my time is very limited –so I need information and I need it fast, and I need it accurate," said BrandBomb PR CEO Lindsay Feldman.  Feldman owns a PR agency, and she […]

todayApril 27, 2025 6

Trump calls for free passage of US ships through Panama, Suez canals: ‘Would not exist without the USA’

Business

Trump calls for free passage of US ships through Panama, Suez canals: ‘Would not exist without the USA’

President Donald Trump is making the bottom-line case for free U.S. access to two of the world’s most vital shipping lanes — a move that could save American companies hundreds of millions of dollars a year.Posting on Truth Social Saturday, Trump declared, "American Ships, both Military and Commercial, should be allowed to travel, free of charge, through the Panama and Suez Canals! Those Canals would not exist without the United […]

todayApril 26, 2025 10

Camping World CEO Marcus Lemonis shutters North Carolina store amid giant flag dispute

Business

Camping World CEO Marcus Lemonis shutters North Carolina store amid giant flag dispute

Camping World CEO Marcus Lemonis has said he’s been forced to shutter one of his stores in North Carolina amid a heated legal battle about his massive American flags flying at his stores.Lemonis told WITN this week that he closed the smaller of his two RV dealerships in Greenville on April 18 accusing council members of actively trying to disparage his business for refusing to take down the giant flags.City leaders […]

todayApril 26, 2025 5

Trump ‘wasn’t worried’ about the bond market tsunami

Business

Trump ‘wasn’t worried’ about the bond market tsunami

President Donald Trump said the volatile swings in the bond market earlier this month and the sinking U.S. stock market weren't the reason for implementing a 90-day tariff pause on U.S. trading partners."I wasn't worried," Trump said in a Time magazine interview, discussing the pressure the bond market faced after he unveiled new tariff plans at a "Liberation Day" announcement at the White House's Rose Garden.The bond market, a traditional […]

todayApril 26, 2025 13