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BP (BP) wrote down $5.4B in renewable energy assets. It suspended buybacks and is returning to upstream oil. Oil majors that invested heavily in renewable projects have underperformed those that ...

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BP BP-0.20%decrease; red down pointing triangle suspended its share-buyback program and said it would reduce spending this year, part of a broader plan by the British energy giant to overhaul its ...

(Bloomberg) --BP Plc is halting share buybacks to shore up its balance sheet as pressure mounts on the UK energy giant to deliver on its turnaround. The company slashed a $750 million quarterly stock ...

A new program to battle homelessness in New York City will send out a $5000 stimulus check soon. Called the "Cash with Care" program, the new initiative will provide a monthly $1,200 and a lump sum of ...

BP said it would write down the value of its gas and low-carbon energy division by up to $5 billion, the legacy of an ill-timed move into renewables that left it the least profitable of the major oil ...

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