Monthly Archives: January 2017

Exxon boosts capital budget but takes $2 billion charge from XTO deal

HOUSTON (Reuters) - Exxon Mobil Corp boosted its 2017 capital budget on Tuesday on a bet that oil prices have stabilized, but posted its lowest quarterly profit since 1999 as it took a $2 billion charge against the value of natural gas reserves from i...

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As Trump thunders, investors watch for rain

BOSTON (Reuters) - A dizzying stream of market-moving tweets and policy talk by President Donald Trump is finding a hopeful but anxious audience among professional investors looking to make stockpicking great again.

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Silicon Valley Up in Arms Over Proposed H-1B Overhaul

Silicon Valley is in an uproar over a proposed new executive order that would overhaul existing foreign worker visa policies. The Trump administration's goal apparently is to prioritize the hiring of American workers and change the way U.S. companies can recruit skilled professionals from other countries. Policy should "prioritize the protection of American workers," the draft reportedly states.

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