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.

Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.
“The Empress Wintour, in her power, has disappointed me in her humanity,” he wrote in his book. “Our friendship has layered with thick rust over the years. … I am no longer of value to her.” Following her apology this week, Talley remains unmoved. “She’s part of an environment of colonialism,” he recently told Sandra…
They described situations where they received angry messages from Edwards, or were forced by him to apologize, after criticizing diversity efforts at the company. “If you don’t apologize,” he wrote to one former employee who said he should resign, “we’re going to war.” Two former employees described an incident that occurred prior to Edwards joining…
Artificial intelligence is advancing faster than most people ever imagined. It can now write code, diagnose medical issues, compose music, create art, and run entire logistics operations. But imagine a future where AI becomes so efficient that it replaces nearly every job on Earth — except one. What would our world look like if machines…
SANTA CRUZ — You can sense it in the ubiquitous “Help Wanted” posters in artsy shops and restaurants, in the ranks of university students living out of their cars and in the outsize percentage of locals camping on the streets. This seaside county known for its windswept beauty and easy living is in the midst of…
Updated Jan. 11, 2024 3:38 pm ET Hertz is selling about a third of its global electric-vehicle fleet, a major reversal for the rental-car company after it positioned itself as a champion of the technology with plans to vastly grow its fleet of plug-in models. Hertz said Thursday that it would sell about 20,000 EVs…
A shift in demographics. Affordable apartments transformed into luxury condos. A coffee shop called something like “Brew Slut.” The signs of gentrification take many forms. A newly opened art gallery can serve both as a communal space and a harbinger of the displacement to come. Remodeled homes might boost a street’s curb appeal but then…