BP suspends buybacks in fresh sign of oil price pressure

Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying replacement…

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Housing affordability package advances in Congress

In an aerial view, two-story single family homes line the streets on Jan. 14, 2026 in Thousand Oaks, California. Kevin Carter | Getty Images House lawmakers on Monday approved a package of bills aimed at increasing housing affordability by giving builders and local governments incentives to boost construction by reducing regulations around home construction. The…

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Tesla exec Raj Jegannathan leaves automaker after 13 years

Tesla electric vehicles outside the company’s manufacturing facility in Fremont, California, Feb. 24, 2025. Mike Kai Chen | Bloomberg | Getty Images Tesla Vice President Raj Jegannathan, a 13-year veteran of the automaker, announced his departure from the company on Monday in a LinkedIn post. Jegannathan’s most recent role was vice president of information technology,…

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