YOUR BUSINESS AUTHORITY
Springfield, MO
Oil giant Chevron Corp. announced it will suspend share buybacks and slash $4 billion in 2020 spending.
Oil has crashed more than 60% since January, sparked by the coronavirus pandemic and a price war between Saudi Arabia and Russia, Reuters reports.
Royal Dutch Shell separately indicated it would reduce spending and suspend its $25 billion share buyback plan.
Read more from Reuters.
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$2M in tax credits awarded to SWMO nonprofits
Baldwin, Lathan to chair United Way campaign
Produce recall impacts food sold at Walmart, Aldi and Kroger
Mixed-used development proposed in KC area
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