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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Article on Bill Ackman’s Wife Triggers Tensions Between Business Insider and Owner
Updated Jan. 9, 2024 8:22 pm ET Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even when high-profile people objected to unflattering articles about them. That hasn’t been the case in recent days. Copyright ©2024 Dow Jones & Company, Inc. All Rights…
Supreme Court tax case could have sweeping federal policy effects, experts say
The Supreme Court in Washington, D.C. Celal Gunes | Anadolu Agency | Getty Images As the Supreme Court starts a new term, experts are closely watching a case that could have sweeping effects on the U.S. tax code, including corporate revenue and future wealth tax proposals. This summer, the high court agreed to hear Moore…
Vulcan Rocket Finally Launches, but Moon Lander Runs Into Trouble
Updated Jan. 8, 2024 10:22 pm ET A powerful rocket developed by a Boeing-and-Lockheed Martin-owned company blasted off for the first time early Monday, but the moon lander it was carrying suffered a setback after launch. Called Vulcan Centaur, the 202-foot-tall rocket lifted off at 2:18 a.m. ET from a Florida launchpad, powering an American…
Major League Baseball rejects Amazon’s $150M bid to bail out bankrupt Diamond Sports: sources
Major League Baseball rejected a proposed roughly $150 million lifeline extended by Amazon to the nation’s largest regional sports network as it languishes in bankruptcy, The Post has learned. Diamond Sports, a subsidiary of Sinclair Broadcasting, filed for Chapter 11 protection last March as the landscape for RSNs continued to suffer a seismic shift because…
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…
What happened on the Alaska Airlines flight after the door plug blew out?
Terrifying tales from passengers on an Alaska Airlines flight after a gaping hole opened in the aircraft prompted many people to wonder: How did everyone survive? The midair accident Friday could have been much worse, experts say, if the plane had already reached its higher cruising altitude, where the decompression could have happened with much…
