US stock futures soar on hopes that Congress is moving towards a huge fiscal stimulus package. Follow live updates:
) oil production targets in the Permian Basin by 20%. The company had previously been rapidly growing output in the epicenter of America's shale oil boom.. That's after the company repurchased $1.75 billion of shares during the first quarter -- at comparatively inflated prices.Chevron's stock has plummeted 55% so far this year.S&P Global Ratings dimmed its outlook on Chevron to negative on Monday, citing the"for oil companies.
"With an industry leading balance sheet and a flexible capital program, we believe Chevron is resilient and positioned to withstand this challenging environment,” Chevron CEO Michael Wirth said in a statement.
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Stock market live updates: Dow futures down 400, waiting on Congress, 'limit down' againStocks pointed to declines on Monday as investors await a stimulus package from the coronavirus.
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More than 500 of China's movie theaters reopen, as most US cinemas close - Business InsiderThere are 70,000 theaters in China, so there's still a long way to go before the region's theater industry is fully up and running.
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China Re-Opens 500+ Cinemas As Coronavirus Cases Ease, Moviegoing SlightAs the number of new cases of the coronavirus shows signs of abating in China, a smattering of cinemas re-opened in a handful of provinces across the country this weekend. On Friday, there were 486…
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More Than 500 Cinemas in China Reopen as Coronavirus Threat RecedesMore than 500 cinema screens have reopened in China, where the coronavirus outbreak is seen to be receding, though box office takings remain minimal as the public is mostly staying away. State medi…
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Asia on ropes as S&P500 slides, dollar in demandAsian markets were set for another turbulent week on Monday as more countries al...
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More than 100 deaths reported in single day, brings US total to over 500The novel coronavirus has sent countries worldwide into lockdown and threatened the global economy. Follow here for the latest news and live updates.
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