capital spending

The Latest

  • Exxon To Cut 30 Percent Off Spending Amid Global Oil Price Crisis
    Exxon Mobil
    After holding off on imposing spending cuts, Exxon has finally given in and announced that it will cut spending by $10 billion this year.
  • Chevron To Cut 2020 Spending By $4 Billion As Oil Prices Slide
    Chevron Corp
    Chevron announced on Tuesday that it will be reducing its capital spending for the entire year by around $4 billion.
  • Republican Tax Cuts Confirm Failure of Trickle-Down Economics
    Thr rich have gotten a lot richer
    Corporations aren't investing more because of the $1.5 trillion tax cut gifted by the Trump administration via the controversial Tax Cuts and Jobs Act (TCJA) of 2017