Exxon Mobil Corp. plans to invest $50 billion over five years to expand its U.S. oil-and-gas production facilities, the company said on Feb. 2, when it released its 2017 results, which included $8.4 billion in fourth-quarter earnings and $19 billion in income for the year.
In a bid to shed non-profitable operations, Stockholm-based contracting giant Skanska AB will reduce its global workforce by 3,000, new CEO Anders Danielsson said on Feb. 2.