Exxon Mobil to invest $50 billion in US over 5 years, citing tax reform
Exxon Mobil on Monday said it plans to invest $50 billion in the United States over the next five years, saying its decision is partly due to corporate tax cuts.
Exxon Mobil to invest more than $50 billion in the US over 5 years from CNBC.
Exxon Mobil, the world's largest publicly traded oil company, on Monday said it plans to invest $50 billion in the United States over the next five years. Darren Woods, chairman and CEO of Exxon, said in a blog post that the investment is partly due to recently passed corporate tax cuts. The announcement puts Exxon on the board with a number of other companies that have announced employee bonuses and investments following President Donald Trump and GOP lawmakers' tax overhaul.-- More.....Welcome to CFP’s Comment Section!
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