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Saudi Arabia will cut oil production by 1 million barrels per day in a bid to prop up oil prices, it announced after a pessimistic meeting of the OPEC+ group of producers in Vienna on Sunday.The kingdom's energy minister, Prince…

© Reuters. FILE: A bundle of five-dollar bills is examined at the Washington Bureau of Engraving and Printing, March 26, 2015. (REUTERS/Gary Cameron) (Updates rates, adds analyst quote in paragraph 6, adds paragraph 12 on Fitch…

CleanSpark, Inc. , a publicly traded bitcoin mining company, updated bitcoin mining and operations in may 2023, revealing significant growth in both bitcoin holdings and revenue. The company's bitcoin holdings grew 44% in May, to a total…

© Reuters. Reuters / Rebecca Cook / (Reuters) - General Motors Corporation (NYSE) and South Korea Bosco (NYSE: Future M) said on Friday it will invest more to increase production at its battery chemical materials facility in…

© Reuters. FILE PHOTO: The Supreme Court of the United States in Washington on March 27, 2023. REUTERS/Evelyn Hochstein/File Photo Written by John Crozel WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday gave whistleblowers…

thamerpic/iStock Editorial via Getty Images Glencore (OTCPK: GLCNF) (OTCPK: GLNCY) plans to spend $1.5 billion on an expansion project at its Antapaccay copper mine in Peru, up from $590 million previously announced, Reuters reported…

Updated at 5:03 PM ESTNvidia Corp. (NVDA) - Get a free reportOn Wednesday, it reported better-than-expected fiscal first-quarter earnings and a strong near-term sales forecast amid what it called "growing demand" for artificial intelligence…

© Reuters. FILE PHOTO: JPMorgan Chase Bank is seen in New York City, US, March 21, 2023. REUTERS/Caitlin Ochess NEW YORK (Reuters) - JPMorgan Chase & Co.'s net interest income will rise by $3 billion this year because of its…

Those working in the hospitality industry reported receiving above-average salary increases last year as the sector suffers from a skills shortage. Hospitality employees received an average wage increase of 9.5 percent, according to a…

© Reuters. An Eastern China Boeing 777-300ER takes off from O'Hare International Airport in Chicago, Illinois, US on November 30, 2018. REUTERS/Kamil Krzaczynski/File Photo WASHINGTON (Reuters) - The United States Department of…