BP profits hit by Angola write-off, CEO says it’s preparing for ‘new oil price environment’

BP beat analyst expectations on Tuesday, despite profits more than halving from the first three months of the year after a hefty charge from an unsuccessful project in Angola.Here are some of the highlights from the earnings: Underlying replacement cost profit, used...

White House officials were apparently fooled by an email imposter who posed as more than one of them

The White House has reportedly suffered yet another embarrassing episode, this time at the hands of an email prankster who posed as staff in order to solicit responses from officials including the newly ejected Communications Director Anthony Scaramucci. The British...

Op-Ed: Big tech’s spending spree shouldn’t worry investors … yet

Tech earnings dominated the agenda last week and one theme ran through the major reports: the rising spending from the giants. Google parent Alphabet reported traffic acquisition costs (TAC), a key metric that relates to how much the company pays to draw people to its...