Oil companies are giving back tons of cash — and other things we’ve learned this earnings season

Oil companies are giving back tons of cash — and other things we’ve learned this earnings season


A trader works at the New York Stock Exchange NYSE in New York, the United States, May 18, 2022. U.S. stocks plummeted on Wednesday as weak earnings from major retailers stoked concerns about the impact of inflation.

Michael Nagle | Xinhua News Agency | Getty Images



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Walmart pauses H-1B visas for job candidates as Trump hikes fees
Business

Walmart pauses H-1B visas for job candidates as Trump hikes fees

A Walmart store is shown in Oceanside, California, on May 15, 2025. Mike Blake | Reuters Walmart is pausing the hiring of job candidates who need H-1B visas to work in the U.S., according to a person familiar with the decision, an example of the ways the Trump administration’s immigration policies are shaping corporate strategy. […]

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NHL strikes first-ever deal with prediction markets Kalshi and Polymarket
Business

NHL strikes first-ever deal with prediction markets Kalshi and Polymarket

The National Hockey League said Wednesday it’s reached a multi-year licensing agreement with prediction markets Kalshi and Polymarket. More sports leagues may be coming soon. Tarek Mansour, Kalsh’si co-founder and CEO, told CNBC’s “Squawk Box” the deal marked a “seminal moment” for prediction markets and the company. “A league like the NHL partnering with us […]

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GM plans to launch eyes-off driving, Google AI and other new in-vehicle tech by 2028
Business

GM plans to launch eyes-off driving, Google AI and other new in-vehicle tech by 2028

Mary Barra speaks onstage during WSJ’s Future of Everything 2025 at The Glasshouse on May 28, 2025 in New York City. Dia Dipasupil | Getty Images NEW YORK — General Motors is targeting a suite of new software initiatives for its vehicles over the next three years, including an in-vehicle artificial intelligence assistant from Google […]

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