Elon Musk, owner of the social networking app Twitter, on Nov. 5, 2022.
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Swimming in cash, Chevron plans a $75 billion slap in the face to drivers
While most blue-chip companies were reporting losses last year, Big Oil was having a moment. Crude prices surged, thanks in part to high demand and reduced supply. All of that helped make Chevron the top-performing Dow stock of last year, with shares surging more than 50%.
Robert B. Reich: Musk's Humongous Mistake
When Elon Musk bought Twitter for $44 billion, he clearly didn't know that the key assets he was buying lay in Twitter's 7,500 workers' heads.
