Latest News Updates From Michelle Chapman

Business

°®¶¹´«Ã½ Depot Posts Record Profit, Revenue

°®¶¹´«Ã½ Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes.

August 16, 2022
BusinessTechnology

Broadcom to Buy VMware for $61 Billion

Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and economic uncertainty.

May 26, 2022
BusinessLogistics

°®¶¹´«Ã½ Depot Overcomes Slow Start to Year, Rising °®¶¹´«Ã½ Prices

°®¶¹´«Ã½ Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.

May 17, 2022
GovernmentBusinessTechnologyAutonomous

Elon Musk to Join Twitter’s Board

Elon Musk is joining Twitter’s board of directors a day after disclosing that the Tesla CEO took a 9% stake in the social media platform.

April 5, 2022
BusinessEquipment

Caterpillar Pushes Through Supply Constraints in Strong Q4

Caterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy.

January 28, 2022
BusinessFuel

Profitable Exxon, Chevron Emerge as Global Economy Rebounds

ExxonMobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third-quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.

October 29, 2021
Business

°®¶¹´«Ã½ Depot Sales Climb, but Remodeling Frenzy May Be Cooling

°®¶¹´«Ã½ Depot’s sales continue to surge, though same-store sales appeared to come back to earth after a year in which the home improvement chain outperformed expectations repeatedly.

August 17, 2021
BusinessEquipment

Caterpillar 2Q Revenue Up on Higher Equipment Demand

Rising demand for machinery fueled sales at Caterpillar during the second quarter as the rollout of vaccines helped to revive construction projects.

July 30, 2021
BusinessTechnologyFuel

Lordstown Motors’ Rough Road Continues as CEO, CFO Depart

The top two executives at Lordstown Motors have resigned from the Ohio electric truck startup as problems at the company continue to mount.

June 14, 2021
BusinessLogistics

CN Makes $33.7 Billion Bid for Kansas City Southern

A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.

April 20, 2021