Archive for Month: May

Energy CEOs Getting Big Payouts Despite Oil Meltdown

Image source: Pixabay, 272447 By Tim McLaughlin, David French BOSTON/NEW YORK (Reuters) – National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion....

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Stocks End Lower After Choppy Day; S&P 500 Down 1%

Image: Five-day chart, S&P 500 Index. Source: Yahoo Finance By Alex Veiga and Damian J. Troise Stocks ended broadly lower on Wall Street Tuesday as trading turned wobbly a day after the market notched its biggest jump in more than five weeks. The S&P 500 fell 1% after having...

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