By Dave Sebastian

--Exxon Mobil Corp. is preparing to cut spending and jobs to save its 8% dividend, Reuters reports, citing anonymous sources.

--Size of cuts is unclear, according to the Reuters report. The oil company in April slashed its annual budget by 30%.

Full story: https://www.reuters.com/article/us-exxon-mobil-cuts-exclusive/exclusive-exxon-prepares-spending-job-cuts-in-last-ditch-move-to-save-dividend-idUSKCN24V2RP?il=0

Write to Dave Sebastian at dave.sebastian@wsj.com