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
Austria stalls Russian sanctions over Raiffeisen blacklisting | Reuters News Agency
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…
The Impact Of This Year’s Strikes Can Be Seen In A Few Eye-Popping Numbers
Writers, actors, nurses, auto workers, baristas, pharmacists, graduate students — ever since 2023’s “hot labor summer” began, it seems like workers all over the country have been walking off the job to demand more of their bosses. But are we really seeing a resurgence of the strike weapon? By several measures, yes, we are. More…
Walgreens to Pay Humana $360 Million to Settle Drug-Pricing Dispute
Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. Walgreens disclosed the settlement in a securities filing last week. The company said it had asked a federal court to vacate a previous award in Humana’s favor for $642 million….
Ford adjusts the pricing of its F-150 Lightning EV by as much as $10,000
The Ford F-150 Lightning Electric Truck. John Tlumacki | Boston Globe | Getty Images DETROIT — Ford Motor is increasing the price of some 2024 F-150 Lightning models, while lowering the costs of its most expensive models. The Detroit automaker confirmed Wednesday that new starting prices for the pickup will range from $54,995 for an…
Bank Earnings Season Is About to Start. Here’s What to Expect.
Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this week, should show how the banks’ customers fared in the harsher rate environment. So far, households have continued to spend and borrow, despite higher borrowing costs,…
New non-alcoholic White Claws roasted as rebranded seltzer water ‘for beer prices’
The hard seltzer company White Claw has sparked a social media frenzy after releasing a new 0% alcohol variety pack with a hefty price tag. The drinks come in four flavors — black cherry cranberry, mango passionfruit, peach orange blossom and lime yuzu — and are designed to replicate the taste of the original White Claw Hard…
