The Supreme Court's potential ruling on Trump's tariffs could lead to a chaotic refund process for over $90 billion in collected tariffs. Experts warn that businesses may benefit, but consumers likely won’t see any cash.
Chevron is pivoting from aggressive growth to focusing on profitability in the Permian Basin. With its recent $53 billion Hess deal, the company aims to streamline operations and maximize cash flow while maintaining stable production.
Chevron has successfully acquired Hess Corporation, creating a premier integrated oil & gas company with a strong portfolio in critical energy markets. This strategic move promises significant cash flow growth and enhanced shareholder value.
In a significant move, Volvo Cars reveals plans to cut 3,000 jobs as part of an 18 billion Swedish kronor cost-saving initiative, impacting primarily office roles in Sweden. The decision comes amid uncertainties in the automotive industry, including tariff pressures and a need for improved cash flow.
Jack in the Box announces plans to close 150 to 200 locations and explore a sale of Del Taco as it navigates financial challenges and seeks to improve cash flow and reduce debt. CEO Lance Tucker reveals tough competition and declining sales.