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$CVX expects capital and exploratory expenditures for 2016 to be $25Bil to $28Bil, roughly 25% lower than 2015 levels. It also expects to cut 6,000 to 7,000 jobs as it further reduces spending in 2017 and 2018 to the range of $20Bil to $24Bil.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!