Editor’s Note: Witold Henisz is the vice dean and faculty director of the ESG Initiative at the Wharton School and the Deloitte
Big Oil faces scrutiny after making $200 billion last year
London CNN — BP (BP), Chevron (CVX), ExxonMobil, Shell and Total (TOT)Energies raked in a record $199.3 billion in profits in 2022,
Shell profits double to nearly $40 billion
Hong Kong/London CNN — Shell made a record profit of almost $40 billion in 2022, more than double what it raked in
Boeing posts a big loss
New York CNN — Boeing reported a $650 million operating loss in the fourth quarter, surprising Wall Street analysts who had expected
Bank earnings fail to impress investors as recession worries rise
New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock posted results that topped Wall Street’s forecasts
Macy’s says its holday sales will be on lower end
New York CNN — Turns out inflation may have put a damper on the holidays. Macy’s chair and CEO Jeff Gennette said
Tesla’s shares plunge further on weaker than expected sales
New York CNN — Tesla shares plunged more than 11% in early trading Tuesday, as weaker than expected global sales caused the
A stomach-churning year for markets in 5 charts
New York CNN — Wall Street is bidding goodbye — and good riddance — to 2022. It has been a year most
New home sales rose in November, defying expectations
Washington, DC CNN — New home sales were up in November from the month before, even as prices remained elevated and buyers
Housing slump to continue but some hopeful signs ahead
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.
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