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.
Similar Posts
IRS unveils ‘voluntary disclosure program’ for businesses duped by pandemic-era tax credit
IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters The IRS has unveiled a “voluntary disclosure program” for businesses that claimed a pandemic-era tax credit in error and want to pay the money back. Worth thousands per employee, the employee retention tax credit, or…
Embarking on Entrepreneurial Ventures: A Guide on How to Start a Small Business
Starting a small business is a rewarding journey that requires careful planning, dedication, and a strategic approach. Whether you’re passionate about turning a hobby into a business or addressing a specific market need, the process of launching your own venture involves several key steps. In this comprehensive guide, we’ll walk you through the essential elements…
Fed president says March ‘probably’ too early for rate cut after hot inflation report
The rocky path of inflation back to the Federal Reserve’s 2% target rate reflected in the latest Consumer Price Index figures means that it is likely too soon for the central bank to cut its policy rate in March, Cleveland Fed President Loretta Mester said on Thursday. “I think March is probably too early in my estimation for…
The Fed decision on interest rates won’t offer much relief to Main Street businesses
Oleksandra Yagello | Moment | Getty Images In many respects, conditions are good for U.S. small businesses. Inflation, from the cost of goods to wage growth in the labor market, are coming down. And the economy is growing like gangbusters, with the most recent GDP reading outperforming expectations, a fact that the Federal Reserve noted…
Barclays slashed 5,000 jobs last year in major cost-cutting drive
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday. The majority of the cuts fell in Barclays Execution Services, the bank’s support unit, the lender said, confirming for the first time Reuters reporting from last November that the lender was eyeing thousands of…
JS: The iconic magazine which ‘invented’ the Indian teenager
Chatty, irreverent and engaged, JS was more than a magazine – it shaped an Indian cosmopolitanism.
