Oil producer BP reported a 63% increase in profits Tuesday to a whopping $7.6 billion. Royal Dutch Shell's first-quarter earnings increased 25% to a record $9.1 billion.
Kick GM out of the Dow...now!
General Motors has a market capitalization of just $2.1 billion. The stock, which now trades for a little more than $3.50 a share, hit a 70-year low...
Iceland gets $4.6 billion bailout
Nordic countries agreed to lend struggling Iceland $2.5 billion to help it recover from a series of crippling bank failures, bolstering a $2.1...
Shell gains from high oil prices
Oil giant Royal Dutch Shell reports a 71% jump in quarterly profits to $10.9bn helped by record high oil prices earlier this year.
Gloom gathers ahead of Google results
Google is set to report third-quarter earnings after the market closes Thursday, and investors aren't exactly placing bets on a big blowout. Despite...
Iraq strikes gas deal with Shell
Iraq agrees to set up a joint venture with Royal Dutch Shell to invest in the country's natural gas reserves.
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