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• Oil companies update spending plans
  ExxonMobil and Chevron say they plan to increase spending on energy projects in 2023, with Exxon planning...
  ExxonMobil and Chevron say they plan to increase spending on energy projects in 2023, with Exxon planning to increase spending from $22 billion this year to $23 billion to $25 billion next year. Chevron plans to increase spending from $15 billion to $17 billion.
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• API: Major federal concerns for oil, gas
  Several things at the federal level could negatively impact the oil and gas industry, including the Inflation...
  Several things at the federal level could negatively impact the oil and gas industry, including the Inflation Reduction Act and the possibility of a limit on energy exports, said Frank Macchiarola, senior vice president, policy, economics and regulatory affairs at the American Petroleum Institute. "We have abundant supplies of oil and natural gas and it's up to the government to develop support programs and then get out of the way of the industry and let it provide affordable energy and help it create jobs," Macchiarola said.
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• Problems brewing at Salesforce
  Top executives are fleeing Salesforce en masse. The tech giant's stumbling through a succession crisis,...
  Top executives are fleeing Salesforce en masse. The tech giant's stumbling through a succession crisis, and company insiders say it stems from Marc Benioff's response to economic challenges. Get the full scoop.
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• Dow ends down 300 points Friday, suffers worst week since September
  U.S. stocks finished Friday’s choppy session with modest losses, capping off the worst week for stocks...
  U.S. stocks finished Friday’s choppy session with modest losses, capping off the worst week for stocks since September after a report on wholesale-price inflation challenged assumptions about slowing inflation in the U.S. The Dow Jones Industrial Average dropped 2.8% this week, its biggest pullback since at least the week ended Sept. 30, according to FactSet data. The blue-chip index finished Friday’s session DJIA, -0.90% down 305.02 points, or 0.9%, at 33,476.46. The S&P 500 SPX, -0.73% shed 29.13 points, or 0.7%, to 3,934.38, capping off a weekly drop of 3.4%, its biggest pullback since September. The Nasdaq Composite COMP, -0.70% fell 77.39 points, or 0.7%, to 11,004.62.
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• ☕️What Else is Brewing Friday Morning
  Maxine Waters, the chair of the House Financial Services Committee, said she ...
  Maxine Waters, the chair of the House Financial Services Committee, said she doesn’t plan to subpoena SBF to testify at next week’s hearing about FTX’s collapse.
  
  Iran executed a man who was arrested in relation to widespread anti-government protests. It’s the first (known) time the death penalty has been used in connection with the protests.
  
  Celine Dion said she has a rare neurological disorder that causes muscle spasms, and won’t be able to perform planned shows in Europe next year.
  
  George Newall, the co-creator of Schoolhouse Rock, died at 88.
  
  
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