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>> SPENDING CUTS Latest News

FEB 04, 2016 - Forbes

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Exxon's Upstream Production & Downstream Earnings Up As Company Focuses On Spending Cuts

Exxon Mobil released its 2015 fourth quarter and full year earnings report recently.Talking about some of the positives for Exxon, increased upstream production coupled with significantly improved downstream margins were able to partially offset the impact of lower oil prices on the company’s overall performance. However, the low crude oil [...]

Tags: Exxon's Upstream Production & Downstream Earnings Up As Company Focuses On Spending Cuts,  Spending Cuts Latest News

FEB 03, 2016 - San Francisco Chronicle

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Gov. Malloy warns Connecticut needs major budget changes

Not the cuts, but I'm against doing it in this haphazard manner because there are a lot of people who need money, a lot of people who need services, he said, adding how the proposal could usurp the legislature's ability to make budgetary policy decisions. Jeffrey L. Walter, interim CEO of the Connecticut Community Nonprofit Providers, warned the proposed spending ...

Tags: Gov. Malloy warns Connecticut needs major budget changes,  Spending Cuts Latest News

FEB 03, 2016 - Forbes

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Shell Preview: Low Oil Prices To Buffet Earnings, As Company Focuses On Spending Cuts And BG Merger

Royal Dutch Shell Plc. is scheduled to announce its 2015 fourth-quarter earnings on February 4th. We expect lower crude oil prices to weigh significantly on the company’s revenues and earnings. Benchmark crude oil prices were down sharply last year due to rising supplies coupled with slower demand growth. Brent crude [...]

Tags: Shell Preview: Low Oil Prices To Buffet Earnings, As Company Focuses On Spending Cuts And BG Merger,  Spending Cuts Latest News

FEB 03, 2016 - San Francisco Chronicle

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Gov. Malloy offers scaled back budget amid revenue slump

(AP) — Gov. Dannel P. Malloy unveiled a revised $19.8 billion state budget on Wednesday that cuts spending and potentially reduces the state's workforce by several thousand positions in order to meet the "new economic reality" the state faces. The state's continuing budget challenges are expected to dominate much of the discussion during this year's short session, which runs until ...

Tags: Gov. Malloy offers scaled back budget amid revenue slump,  Spending Cuts Latest News

FEB 02, 2016 - San Francisco Chronicle

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Lawmakers begin 2016 session to familiar budget woes

(AP) — Alabama lawmakers began the 2016 legislative session on Groundhog Day with familiar budget woes that could spell funding cuts for many state agencies. Lawmakers last year met in two special sessions before approving a cigarette tax increase and other measures to minimize cuts to state agencies, but some cuts still had to be made. Alabama government spending is ...

Tags: Lawmakers begin 2016 session to familiar budget woes,  Spending Cuts Latest News