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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J D Wetherspoon to open pubs at Haven holiday parks
The first pub will open at Haven’s Primrose Valley Holiday Park in Filey, North Yorkshire, in March.
Citigroup at risk of quarterly loss after charges come in far higher than initially disclosed
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just…
The Auto Workers Union Just Announced A Major Breakthrough Toward A ‘Just Transition’
The United Auto Workers union said General Motors has agreed to put the company’s battery plant workers under the union’s national contract, calling it a major victory in the ongoing strike against the “Big Three” automakers. UAW President Shawn Fain said in a Facebook Live address to members Friday that GM had put the agreement…
Beijing bourse tells ‘major shareholders’ to refrain from selling | Reuters News Agency
Business & Finance 28 November 2023, 4:28 am 1 minute Reuters exclusively reported that The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed on its bourse from selling stock, worried that such sales could douse a long-desired rally. Market Impact The Beijing bourse currently houses 232…
A Facebook Executive In India Was Shielding Anti-Muslim Speech. Now She Wants Police Protection.
“Since the evening of 14 August 2020, I have been receiving violent threats to my life and body, and I am extremely disturbed by the relentless harassment meted out to me by the accused persons,” Das wrote in her police complaint. “The content, which even includes my photograph, is evidently threatening to my life and…
Auto Workers Ratify Big Three Contracts With ‘Record Gains’
Auto workers have signed off on a trio of new contracts with Ford, General Motors and Jeep parent company Stellantis, bringing closure to a more than six-week strike that rocked U.S. auto makers and showed a renewed militancy within the industry. The United Auto Workers union announced Monday morning that 64% of members overall voted…
