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.
After five months of on-and-off strikes by Southern California hotel workers, there are signs of progress toward a resolution. On Friday, Unite Here Local 11 announced it had reached a tentative contract agreement with the Beverly Hilton covering more than 500 unionized workers. The union struck deals Saturday with two other properties managed by Hilton:…
Comment on this storyComment Add to your saved stories Save The United Auto Workers pressed forward in its effort to unionize auto factories in the South by announcing that 30 percent of Mercedes workers at an Alabama factory have signed cards endorsing unionization. The 30-year-old Tuscaloosa plant is the second to reach that milestone in…
Updated Jan. 10, 2024 2:01 pm ET The National Football League lost several of its biggest stars to injuries during the just-completed regular season, including the quarterbacks of the New York Jets, Minnesota Vikings and Cincinnati Bengals. But a new NFL star emerged: superfan Taylor Swift. Swift’s attendance at several Kansas City Chiefs games to…
On the Shelf Two versions of the tech future Wrong WayBy Joanne McNeilMCD, 288 pages, $18 The Techno-Optimist ManifestoBy Marc Andreessen If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose fees support independent bookstores. You could be forgiven for thinking the robots have taken over already. Your…
Business & FinanceDeals 30 November 2023, 5:22 am 1 minute Reuters was first to report a debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and highlighted the 26 billion euro ($29 billion) exposure it built up to Europe’s now stricken real estate sector through its crisis-era…
We’ve never been more connected — yet never felt more alone. Every second, billions of people are liking, swiping, sharing, and streaming. Smart devices link our homes, our cars, even our watches to an invisible web of constant communication. We can video call someone across the globe in seconds. But beneath all that connectivity, something…