Tag: Jobs
ConocoPhillips Greenlights $8 Billion Oil Project In Alaska Following Failed Block By Native Groups
[ad_1] Topline Oil producer ConocoPhillips announced Friday it approved the construction funds for a $8 billion oil-drilling operation in Alaska known as Project Willow, a final investment decision that comes days after a federal appeals court rejected a bid from environmental and Alaska Native groups that sought to block the project’s construction. The project was approved by the U.S. Department of Interior in March. (Photo by Greg A. … [+] Syverson/Getty Images) Getty Images Key Facts The project was approved by the U.S. Department of Interior early this year and is projected to generate $8 billion to $17 billion in ... Read more
CNBC Daily Open: Readying for a soft landing?
[ad_1] A Chipotle restaurant advertises it is hiring in Cambridge, Massachusetts, August 28, 2023. Brian Snyder | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Better-than-expected jobs marketU.S. nonfarm payrolls rose by 199,000 in November, more than the Dow Jones estimate of 190,000 and October’s increase of 150,000. The unemployment rate dipped to 3.7% compared with economists’ expectations as well as October’s ... Read more