Last week the Big Oil companies weighed in with their earnings reports, and it was mostly a pretty sorry assembly.
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Oil giants Chevron and BP made moves to refine their business, drilling down on core segments that crude demand assures will be worth it.
On Monday, BP announced it will put its US onshore wind power business, estimated to be worth about $2 billion, on the market.
ExxonMobil forecast that oil demand will remain above 100 million barrels per day in 2050, roughly the same as current levels.
High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.
Spurred by “the rise of Chinese power,” Japanese automakers Honda and Nissan announced Monday that they are in talks to merge.
The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.