News of New York

The U.S. equity market closed with growth
5 December 2020
3456
The stock market closed on the plus side The US stock market concluded trading on Friday with growth due to the strengthening of the oil and gas, commodities and industry sectors. At closing time on the New York Stock Exchange, Dow Jones rose 0.64%...
Exxon Mobil reported a record $20 billion devaluation of its gas assets
2 December 2020
3190
Record impairment Exxon Mobil will write off a historic amount from its asset valuation of $17 billion to $20 billion, retaining more promising assets and reducing "less strategic" assets. The company is moving towards reducing c...
US energy industry has cut 107K jobs during COVID-19 crisis
6 October 2020
3320
American oil, gas and chemical companies axed 107,000 workers during the coronavirus crisis — and most of them won’t have their jobs back by the end of next year, a new study says. Those job cuts imposed over just six months, from March ...
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