YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Exxon Mobil Corp. is slashing its capital budget as the oil industry continues to be adversely impacted by the coronavirus.
The company announced its capital investment plan would be $23 billion for the year, down from the previous figure of $33 billion. Most of the cuts involve the company's holdings in the Permian Basin, the energy region in Texas and New Mexico.
As oil drops, the company is pivoting by making isopropyl alcohol for hand sanitizers and polypropylene for masks.
Read more from Dow Jones Newswires.
A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.
$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
Tax deduction program for farmers set to launch
Report: Panera explores sale of Caribou Coffee, Einstein Bros Bagels