Chevron Buys Hess In 2nd Buyout Among Major Producers This Month As Oil Prices Surge
Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.
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Opinion: Same hospital, same injury, same child, same day: Why did one ER visit cost thousands more?
The Kaiser Family Foundation recently reported that the annual cost of family health insurance jumped to nearly $24,000 this year, the greatest increase in a decade. While insurance executives and employers may cite a plethora of reasons, one of the chief culprits is lack of oversight over the Wild West of healthcare prices. My friend…
AI Is Reshaping Corporate Power — And Most Leaders Are Unprepared
Artificial intelligence is no longer a side project. It is no longer an innovation lab experiment. It is quietly restructuring corporate power — and many leaders are underestimating how fast the shift is happening. AI is not just changing workflows. It’s changing leverage. And in business, leverage determines power. Efficiency Is Becoming a Competitive Weapon…
Startups In India Want To Build Their Own App Store To Bypass Google’s
Dozens of prominent startups in India, one of the world’s largest internet markets, are creating a coalition to fight a Google decision that would require them to give 30% of in-app payments to the tech giant beginning next year. On Tuesday, nearly 60 executives from dozens of Indian companies kicked off preliminary discussions, three people…
State insurance commissioner says companies are delaying policies, denying discounts
Responding to consumer complaints about auto insurance coverage, the state insurance commissioner said Thursday that insurers could face penalties for creating unlawful barriers for California drivers. Ricardo Lara issued a bulletin to auto insurers, reminding them that they cannot change their policies’ terms and rates without formally filing for state review and approval. The bulletin…
Social media giants Meta, X and Google sue Ohio over law requiring parents’ consent to open account
A trade group representing some of the largest social media platforms including Facebook, Instagram, TikTok and X is suing Ohio after the state enacted a law that requires children under the age of 16 to get their parents’ consent before opening an account. The NetChoice trade group wants the US District Court for the Southern…
JetBlue will have new CEO as it awaits ruling on merger with Spirit
Comment on this storyComment Add to your saved stories Save JetBlue CEO Robin Hayes will step down after nine years in the role, the company announced Monday, to be succeeded by current president and chief operating officer Joanna Geraghty — making her the only current female executive of a major U.S. airline. The reshuffle comes…
