NASDAQ 100 % ()
FTSE 100 % ()
BTC/USD % ()
EUR/USD % ()
GBP/USD % ()
GOLD % ()


Exxon Mobil Corporation New York Stock Exchange
Open: $0.00 High: $0.00 Low: $0.00 Close: $0.00
Range: 0 - 0
Volume: 0
Market: Closed
Powered by Finage Stock APIDelayed data
Exxon Mobil Corporation 5959 Las Colinas Boulevard Irving TX, 75039-2298
Exxon Mobil Corp is an integrated oil and gas company. It is engaged in exploration for, and production of, crude oil and natural gas. It is also engaged in manufacturing, transportation and sale of crude oil, natural gas and petroleum products.
  • CEO: Darren W. Woods
  • Employees: 71,200
  • Sector: Energy
  • Industry: Oil & Gas - Integrated
XOM News
Latest news about the XOM
  • Oil Extends Losses on Stronger Dollar and Still-Surging Virus

    (Bloomberg) -- Oil extended losses in Asia on a stronger dollar and a still-surging coronavirus after slumping the most in almost four weeks on Friday following the release of disappointing U.S. economic data.Futures in New York fell below $52 a barrel after tumbling 2.3% on Friday. The dollar held gains Monday after advancing last week, reducing the appeal of commodities like oil that are priced in the currency. Chinese economic growth and industrial production data released Monday came in ahead of estimates, helping oil to pare losses slightly.Covid-19 continues to spread rapidly, complicating the global consumption recovery. The U.S. is on track to reach 400,000 deaths before President-elect Joe Biden’s inauguration on Wednesday, while the U.K. is closing its travel corridors with other countries as cases spike. Indian energy demand got off to a shaky start to the year, with sales of transport and cooking fuels dropping Crude still managed to eke out a small gain last week, helped by a rebalancing of commodity indexes and the promise of more U.S. stimulus spending. However, the rally that started in early November and has pushed oil to the highest in almost a year looks to be stalling amid a worsening short-term demand outlook.The dip in prices on Friday was a “breather” for a market that has rallied strongly, said Howie Lee, an economist at Oversea-Chinese Banking Corp. “Biden’s inauguration will be the focus of markets this week, particularly on how quickly he can roll out his fiscal stimulus plans.”Libya’s oil output, meanwhile, has dropped by about 200,000 barrels a day after the closure of a leaking pipeline. The decline underscores how difficult it is for the country to maintain production after almost a decade of civil war.See also: President Biden Won’t Unlock a Wave of Iranian Crude: Julian LeeThe worsening short-term outlook is being reflected in oil’s futures curve. Brent’s prompt timespread is 2 cents a barrel in contango -- a bearish structure where near-dated prices are cheaper than later-dated ones -- after being as much as 16 cents in backwardation earlier in the month.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

    View More →
  • 15 Biggest Companies That have been Hacked

    In this article we are going to list the 15 biggest companies that have been hacked. Click to skip ahead and jump to the 5 biggest companies that have been hacked. The revenue obtained by major corporations plays a huge role in furthering the economy and GDP of a country. Typically, such companies will require […]

    View More →
  • Barron's Picks And Pans: Exxon Mobil, GameStop, Intel, 3M, Toll Brothers And More

    * This weekend's Barron's cover story offers thoughts and stock picks from the latest Barron's Roundtable. * Other featured articles examine the cutting edge in biotech stocks, an outlier bubble forecast and growing corporate political activism. * Also, the prospects for a struggling retailer, a luxury homebuilder, an oil giant and more.Cover story "Welcome to the Roaring '20s, but Maybe Not for Stocks, Our Experts Say" by Lauren R. Rublin offers thoughts from 10 investment pros on the Barron's Roundtable on how lofty valuations could limit the market's gains this year. The article includes nine stock picks from the roundtable. See if Walt Disney Co (NYSE: DIS) is one of them.Connor Smith's "GameStop Stock Doubled Last Week--But Challenges Remain" points out that Barron's recently argued that GameStop Corp. (NYSE: GME) shares looked pricey at $18, but now they are nearly $40. See why the downbeat view on the videogame retailer's stock remains the same.In "Intel's New CEO Has a Tough Task," Max A. Cherney makes the case that Pat Gelsinger's most pressing issue will be tackling the manufacturing issues at Intel Corporation (NASDAQ: INTC). See why there is no easy fix for a company that has long insisted on doing things in-house.The pandemic has reminded people of means that space and amenities in their homes have real value. So says "Why Toll Brothers Is a Play on the 'Single-Family Supercycle'" by Andrew Bary. See why Barron's believes Toll Brothers Inc (NYSE: TOL) can build on the housing boom, as the nation's largest luxury homebuilder offers rising returns and a low valuation.In Bill Alpert's "With Rare Speed, Gene Editing Emerges as Biotech's New Cutting Edge," the focus is on why stocks of companies wielding tools that allow them to edit DNA and attack genetic diseases and cancer are suddenly hot. Are Crispr Therapeutics AG (NASDAQ: CRSP) or Editas Medicine Inc (NASDAQ: EDIT) worth a look now?"3M Stock Is Unloved and Underpriced. Here's Why It Could Shoot Up Higher" by Ben Levisohn discusses why 3M Co (NYSE: MMM) stock could be poised to ride an economic rebound. After all, the conglomerate makes the adhesives, abrasives and chemicals that companies need in order to do what they do.See also: Benzinga's Weekly Bulls And Bears: AMD, Marathon, Tesla, Uber, Walgreens And MoreA renowned investor argues that stocks are too high, the Fed's promise of low interest rates is just a nice story, and Wall Street is always upbeat, according to Jack Hough 's "Jeremy Grantham's Bubble Forecast Is an Outlier. Is He Right?" See what Barron's thinks comes next for the likes of General Motors Company (NYSE: GM) and Procter & Gamble Co (NYSE: PG).In "Companies Are the New Activists After Capitol Riot," Leslie P. Norton examines how recent events have prompted America's corporations, from, Inc. (NASDAQ: AMZN) to Chevron Corporation (NYSE: CVX), to wade decisively into politics with a range of activist initiatives.Avi Salzman's "The Dow Dropped Exxon Mobil in August. But as Oil Prices Rise, So Does Its Stock" explains why it looked like Exxon Mobil Corporation (NYSE: XOM) might have to cut its dividend, but now rising oil prices give it time to cut costs and its $65 billion in debt. Find out why Barron's says Wall Street is giving it a second look.Also in this week's Barron's: * The 2020 Barron's Roundtable report card * Experts on how Biden can fix the COVID-19 vaccine rollout * How much presidents actually influence the economy * ESG activists' new focus on diversity in corporate leadership * What is next now that fear has come to the markets * What the outgoing administration meant for the economy * Whether higher dividend taxes for top earners are coming * Why "bridges" to maximize Social Security benefits should be built into 401(k)s * How Mexican resorts got creative during the pandemicAt the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.Photo by Mike Mozart on Flickr.See more from Benzinga * Click here for options trades from Benzinga * Notable Insider Buys Of The Past Week: Conagra Brands Plus Plenty Of Biotech Activity * Benzinga's Weekly Bulls And Bears: AMD, Marathon, Tesla, Uber, Walgreens And More(C) 2021 Benzinga does not provide investment advice. All rights reserved.

    View More →
  • Weekly Upgrades and Downgrades: Exxon Mobil and Tesla

    TheStreet's weekly guide to upgrades, downgrades and price-target changes includes Exxon Mobil, Tesla and Twitter.

    View More →
  • US STOCKS-Wall Street closes lower as banks, energy shares tumble

    Wall Street's main indexes finished lower on Friday, weighed down by big U.S. banks after their earnings reports, while the energy fell sharply due to a regulatory probe into Exxon Mobil Corp. The S&P 500 banks index lost ground as shares of Wells Fargo & Co, JPMorgan Chase & Co and Citigroup Inc tumbled even though they had posted better-than-expected fourth-quarter profits.

    View More →
  • Why Energy Could Have a Tesla-Like 2021

    Energy stocks used to make up more than 10% of the S&P 500. After trailing again in 2020, energy stocks are up 18% in the first two weeks of 2021, even though the S&P 500 is only up 1%. Thomas Lee, head of research at Fundstrat Global Advisors, thinks that energy stocks could benefit from the same change in investor sentiment that helped drive (TSLA) (ticker: TSLA) in 2020—a “fear of missing out,” or FOMO, on a new investment theme after a long period of underinvestment.

    View More →
  • OPEC Predicts A Rebound In U.S. Shale

    While oil prices fell back on Friday morning due to demand concerns, OPEC admitted that U.S. shale production will likely rebound if oil prices stay at currently levels

    View More →
  • Exxon SEC Probe Highlights Concerns Over Inflated Shale Reserves

    (Bloomberg) -- The Securities and Exchange Commission has been largely silent on the financial wreckage of the U.S. shale industry in recent years, but that may be about to change.The top U.S. financial regulator’s reported investigation into how Exxon Mobil Corp. values shale assets follows years of concerns about the industry’s rosy projections, which have left hundreds of billions of dollars of investor losses and writedowns.Exxon, the West’s biggest oil company, is accused in a whistleblower complaint of inflating the value of a key asset in the Permian Basin and making drilling plans that were too optimistic, the Wall Street Journal reported Friday. The company denied the the claims, while Exxon’s stock fell as much as 6%.“The SEC is cracking down on the overvaluation of these type of hard-to-value assets,” said Arthur Jakoby, a former SEC official and now a partner at Herrick, Feinstein LLP in New York, and who’s not involved in the case. “It’s a very easy way to pump up the price of one stock, especially oil and gas companies using estimates for what they have in the ground.”The shale revolution upended global energy markets over the past decade, making the U.S. the world’s top oil and gas producer and providing oceans of cheap crude to consumers. The jump in production was built on shaky financial foundations, however. Funded by cheap money and spurred on by the sky-high prices that shale assets were fetching at the height of the boom, industry executives pushed a narrative to investors that fracking would make U.S. oil fields comparable to those in the Middle East.Oil giants like Exxon, ConocoPhillips and BP Plc made multibillion-dollar shale acquisitions, turning wildcatters into overnight billionaires. Fracking pioneers like Chesapeake Energy Corp. struck large, highly leveraged deals of their own. But even as the technology advanced and production soared, those companies continued to burn cash. The industry wrote down $450 billion of invested capital and saw more than 190 bankruptcies between 2010 and 2020, according to Deloitte LLP.Many investors point to the gap in what shale companies say they can profitably drill and what they ultimately do. Exxon bought a large position in the Permian in 2017 and quickly ramped up production targets, culminating in a pre-pandemic plan to reach 1 million barrels of oil a day by 2024. The whistleblower complaint says some Exxon employees pushed for a lower valuation for some Permian assets because drilling times were longer than expected in 2018, the Journal reported.The claims are “demonstrably false,” Exxon said in a statement, without confirming or denying that an investigation is under way. “Actual and provable performance exceeded drilling plans for the Permian and such performance has been accurately represented to the investment community.” The SEC declined to comment.Still, the reported whistleblower complaint echoes what investors -- and some engineers -- have been saying about smaller shale companies’ projections for some time. Many investors now focus almost exclusively on free cash flow, a figure that’s harder to manipulate.“It’s all been boiling under the surface since 2012,” said Ed Hirs, a longtime energy fellow at the University of Houston. “But the challenge here is really that, for the last several years, the investment community has only been looking at the cash flows.”Nowhere is shale more hyped than in the Permian, now the biggest U.S. oil field. The excitement reached a fever pitch after the oil price crash of 2014-2016, when private equity rushed to get a piece of the action, getting what it believed would be a profitable entry point. Recently, many of those players have been forced to book massive impairments.Concho Resources Inc., which Conoco agreed to buy in October, took a $12.6 billion charge for its oil and gas assets earlier last year, one in a long list of huge writedowns that followed a coronavirus-fueled collapse in crude prices. The move came two years after the company bought RSP Permian at a price that valued its oil and gas assets far higher than deals involving neighboring producers.Apache Corp. also wrote down the value of its flagship Alpine High project, long touted as a prolific find in an ignored part of the Permian, which instead ended up being far richer in gas than oil.At the start of the boom, when Aubrey McClendon was turning Chesapeake into a shale gas giant, the regulator changed its rules for how companies could calculate oil and gas reserves.Many blame the relaxed regulatory environment on just how complicated calculating future production can be. It is, after all, an estimate based on assumptions like drilling times, how close together wells are fracked, and the cost of leasing land. As some engineers have said, reservoir engineering is more art than science.“It‘s not a simple investigation because assets can be valued in many different ways,” Jakoby said. “The SEC will be looking for a smoking gun showing that management pushed for an overvaluation.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

    View More →
  • US STOCKS-Wall Street drops as big banks fall after results

    Wall Street's main indexes dropped on Friday, with the biggest drag coming from big U.S. banks after their earnings reports while the energy sector was also weighed down by a regulatory probe into Exxon Mobil Corp . The S&P 500 banks index was down 2.8% as shares of Wells Fargo & Co, JPMorgan Chase & Co and Citigroup Inc tumbled even though they had posted better-than-expected fourth-quarter profits.

    View More →
  • French oil giant Total exits American Petroleum Institute over climate change

    Total SE exited the American Petroleum Institute, a lobbying group that counts major oil companies among its members, after deciding it wasn't aligned with the organization on climate change.

    View More →
  • Exxon Falls After Report of SEC Probe into Permian Valuation

    (Bloomberg) -- Exxon Mobil Corp. slumped after a newspaper report said the company is being investigated by the U.S. Securities and Exchange Commission for allegedly overvaluing a key asset in the Permian Basin.The probe stems from a whistleblower complaint that during a 2019 internal assessment workers were forced to use unrealistic assumptions about how quickly wells could be drilled to reach a higher valuation, the Wall Street Journal reported, citing people familiar with the matter. At least one of the workers who complained was fired in 2020, the Journal said.In response, Exxon said the reported claims are “demonstrably false” and that the company “stands by” its statements to investors.Still, the probe may cast a shadow over Exxon’s efforts to turn a corner after its shares posted their worst annual performance in 40 years in 2020 amid a collapse in oil prices. Chief Executive Officer Darren Woods has been forced to slash spending, and last month the company said it will write down the value of North and South American natural gas fields by as much as $20 billion.Exxon fell as much as 6% before paring losses to trade 4.1% lower at $48.25 at 12:12 p.m. in New York, snapping a nine-day rally. The SEC declined to comment.What Bloomberg Intelligence SaysThe SEC probe “shows the fragile foundation for the company’s $15 billion dividend. It’s a difficult case to prove, as oil companies are allowed to set their own assumptions on asset valuation, but suggests the company’s pre-pandemic plan to double underlying earnings by 2025 may be more aspirational than tangible.”\-- Fernando Valle, BI analystRead the research here.“If the company were to be asked about this matter by authorities, it would provide information that shows the accuracy of its valuation of the company’s Permian assets, and that actual drilling performance exceeded the plans,” Exxon said in a statement on Friday.It’s not the first time Exxon has been probed by the SEC over how it values assets. In 2016, Exxon was questioned by the regulator about why the company appeared immune from the multi-billion write downs affecting the rest of the industry. The issue was resolved without any action being taken.The SEC requires oil companies to report with reasonable certainty the volume of reserves in wells that are profitable at a price set by the agency the year before. Those wells must be drilled within five years of being added to a company’s books. The calculations take into account the rate at which a well’s production is likely to decline, how closely the wells are drilled, land and capital costs, as well as the price per barrel of crude.The SEC adopted new reporting rules in 2009, lobbied by Chesapeake Energy Corp. and others who said the old ones weren’t fit for the coming shale boom. Before the rule change, there was a series of reserve scandals that involved Royal Dutch Shell Plc, which the agency fined $120 million in 2004, leading to the exit of top executives, and a few years later El Paso Corp., which settled charges for inflating reserves. Both companies settled without admitting or denying wrongdoing.(Updates with Exxon response from third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

    View More →
  • Exxon’s Stock-Market Momentum Reverses on Report of SEC Inquiry

    The company is reportedly being probed over its valuation of its Permian basin holdings. The stock was down 4% around midday.

    View More →
  • Dow Snaps 3-Week Win Streak as Falling Financials Rein in Bulls

    By Yasin Ebrahim

    View More →
  • The Zacks Analyst Blog Highlights: PayPal, Exxon Mobil, Goldman Sachs, Charter Communications and Biogen

    The Zacks Analyst Blog Highlights: PayPal, Exxon Mobil, Goldman Sachs, Charter Communications and Biogen

    View More →
  • Exxon Reportedly Subject of Whistleblower Complaint to SEC

    An SEC investigation of Exxon Mobil stems from an employee's whistleblower complaint about an asset valuation, a media report says.

    View More →
  • Exxon Mobil's stock falls after WSJ report of SEC investigation

    Shares of Exxon Mobil Corp. dropped 2.3% in premarket trading Friday, putting them on track for their first decline in 10 sessions, after The Wall Street Journal reported the Securities and Exchange Commission has launched an investigation into allegations that an employee of the oil giant overstated the value of a key Permian Basin asset. Citing people familiar with the matter, the WSJ report said several people involved in valuing the asset complained that they were being forced to use unrealistic assumptions about how quickly the company could drill wells in the Permian Basin to arrive at a higher value. At least one employee how complained was fired last year, the WSJ report said. Exxon Mobil's stock had soared 22.1% amid a 9-day win streak, to close Thursday at a 7-month high. It has run up 46.0% over the past three months through Thursday, while the SPDR Energy Select Sector ETF has advanced 44.0% and the S&P 500 has gained 9.0%.

    View More →
  • Exxon Slides as SEC Investigates Report of Overvalued Oil Property

    Exxon Mobil dropped more than 3% after The Wall Street Journal reported the company is being investigated for overvaluing property. The Securities and Exchange Commission initiated the investigation after an employee filed a whistleblower complaint last fall alleging Exxon (NYSE:XOM) overvalued a key asset in the Permian Basin, one of its most important oil and gas properties, the Journal said, citing people familiar with the matter. Several people involved in valuing the asset complained during an internal assessment in 2019 that employees were being forced to use unrealistic assumptions about how quickly the company could drill wells there to arrive at a higher value, according to a copy of the complaint reviewed by The Wall Street Journal.

    View More →
  • Zacks Value Trader Highlights: Exxon Mobil, Chevron, Diamondback Energy, Pioneer Natural Resources and Magnolia Oil & Gas

    Zacks Value Trader Highlights: Exxon Mobil, Chevron, Diamondback Energy, Pioneer Natural Resources and Magnolia Oil & Gas

    View More →
  • U.S. Targets Xiaomi, Cnooc in Trump’s Late Anti-China Push

    (Bloomberg) -- The Trump administration blacklisted Chinese smartphone manufacturer Xiaomi Corp. for alleged military links along with the country’s third-biggest oil company over its drilling in the South China Sea, part of a final push to ratchet up pressure on Beijing before President-elect Joe Biden takes office.Xiaomi was one of nine firms added to the Defense Department’s list of Chinese military companies, a move that will restrict U.S. investments in its securities. Other firms include state-owned planemaker Commercial Aircraft Corp. of China Ltd., or Comac, which is central to China’s goal of creating a narrow-body plane that can compete with Boeing Co. and Airbus SE.Meanwhile, the Commerce Department’s move against China National Offshore Oil Corp., the nation’s main deepwater explorer, denies it access to U.S. technologies without specific permission. It follows a December decision to blacklist more than 60 other Chinese companies.Read more: U.S. Blacklists Xiaomi in Widening Push Against China Technology“This measure by the Trump administration once again demonstrates to the public, to the international community, what is unilateralism, double standards and bullying,” China Foreign Ministry spokesman Zhao Lijian told a briefing in Beijing on Friday. “The Chinese side will take necessary measures to ensure the legitimate and lawful rights and interests of Chinese companies, and we will stand by our companies, to protect, to uphold their rights and interests in accordance with law.”Spokespeople for Xiaomi, Cnooc and Comac had no immediate comment. China National Aviation, named on the Pentagon list, didn’t immediately respond to a request for comment.The new raft of curbs mark a late push by President Donald Trump to ensure his pressure campaign against China stays in place long after he leaves office next week. While Biden and many Democrats say they oppose Trump’s tactics on China, the restrictions will give the new president increased leverage over Beijing when his team negotiates on trade with leaders of the world’s second-largest economy.Biden’s PledgeBiden has pledged to work with allies to develop a more coherent strategy against China, though it’s not clear whether there’ll be any immediate shifts in policy. Under an executive order signed by Trump last year targeting what it calls China’s abusive business practices, U.S. investors will need to unwind stakes in designated companies by November.Read more: Biden Will Inherit a Strong Hand Against Xi, Thanks to TrumpXiaomi surpassed Apple Inc. in smartphone sales in the third quarter, according to the International Data Corporation. It joined Hong Kong’s Hang Seng Index in September after grabbing market share from Huawei Technologies Co. as U.S. sanctions on Huawei deepened.Unless the ban against Xiaomi is reversed, the smartphone maker risks being delisted from U.S. exchanges and deleted from global benchmark indexes. China Mobile Ltd., China Telecom Corp. and China Unicom Hong Kong Ltd. were removed by MSCI Inc. last week, while S&P Dow Jones Indices will drop Cnooc from its gauges next month.Xiaomi shares closed 10% lower in Hong Kong, while its suppliers also tumbled. FIH Mobile Ltd., which helps it assemble smartphones, plunged 14%. Component suppliers including Largan Precision Co., Sunny Optical Technology Group Co. and AAC Technologies Holdings Inc. also fell. Spreads on Xiaomi’s dollar bonds widened as much as 40 basis points Friday morning, according to credit traders.Cnooc’s listed unit, Cnooc Ltd., fell 1.1% in Hong Kong. Cnooc is the smallest of China’s so-called big three state-owned oil majors after China National Petroleum Corp. and China Petrochemical Corp., also known as Sinopec. The company’s operations in the South China Sea have proved controversial with neighbors because China claims drilling rights in waters far from its borders, and within 200 miles of countries like Vietnam and the Philippines.“China’s reckless and belligerent actions in the South China Sea and its aggressive push to acquire sensitive intellectual property and technology for its militarization efforts are a threat to U.S. national security,” Commerce Secretary Wilbur Ross said in a statement. “Cnooc acts as a bully for the People’s Liberation Army to intimidate China’s neighbors, and the Chinese military continues to benefit from government civil-military fusion policies for malign purposes.”The ListsThe Trump administration has now listed 44 Chinese companies effectively owned by the People’s Liberation Army under a 1999 law, which authorizes the president to potentially impose sanctions on them. Trump signed an order in November barring American investments in Chinese firms owned or controlled by the military in a bid to pressure Beijing over what it views as abusive business practices.The Department of Commerce’s blacklist, which was created last year to highlight restrictions on more than 100 businesses connected to China, Venezuela and Russia, is more severe and prohibits American firms from supplying those entities without a license.It was not immediately clear why Cnooc had been added now after it was not included in earlier listings. The ban also doesn’t apply to sales of hydrocarbons such as crude oil and also wouldn’t affect joint ventures between Cnooc and Western companies, a senior administration official, speaking on customary condition of anonymity, told reporters in a briefing Thursday.Subsidiaries of Cnooc have stakes in two U.S. shale oil and gas projects, according to Daiwa Capital Markets Hong Kong Ltd. The company also has interests in two offshore projects in the U.S. Gulf of Mexico, which are being developed alongside partners including Royal Dutch Shell Plc and Hess Corp.Other ApplicationsVarious components used in oil drilling can also have military applications, making it unsurprising that Cnooc had been targeted, said Amy Myers Jaffe, a senior fellow for energy at the Council on Foreign Relations. “It’s a hassle for Cnooc, but China has its own oil service industry and offshore industry. It’s probably not as devastating as a company that would lose access to microchips,” she said.Cnooc has been at the center of territorial disputes since 2012, when it invited foreign drillers to explore blocks off Vietnam that Hanoi’s leaders had already awarded to companies including Exxon Mobil Corp. and OAO Gazprom.Aerospace company Comac, key to China’s ambitions to deliver locally-made jets to domestic and foreign carriers, relies on U.S. suppliers for about 60% of parts for its C919 passenger aircraft.Read more: Trump Blacklisting Jolts China’s Ambitions to Take on BoeingThe Commerce Department also added Skyrizon to the military end-user list, saying it poses a threat to national security. Ross said the company’s push to acquire and “indigenize” foreign military technologies posed a significant threat to U.S. national security and foreign policy interests. Skyrizon was unable to be reached for comment.“This action serves to warn the export community of Skyrizon’s significant ties to the People’s Liberation Army,” Ross said.(Adds Chinese foreign ministry comments, closes share prices)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

    View More →
  • Companies donated $170M to GOP election objectors: RPT

    Public Citizen's Research Director Mike Tanglis joined Yahoo Finance Live to discuss how $170 million was donated by companies to GOP election objectors and what this means for these politicians moving forward. 

    View More →