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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Inflation rose slightly in December as fight to tame prices continues
Comment on this storyComment Add to your saved stories Save Inflation rose slightly in December, offering the latest sign that the economy has made significant progress since prices spiked to four-decade highs — but there’s still a ways to go, especially on housing costs, which dominate the budgets of households nationwide. Data released Thursday by…
China Detains a Top Executive at Evergrande’s Electric-Vehicle Unit
Updated Jan. 8, 2024 5:07 am ET The bad news keeps coming for China Evergrande and its investors. A top executive of the beleaguered property company’s electric-vehicle business has been detained as part of a criminal investigation, adding to Evergrande’s mounting problems. Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
A compact crossover is coming for America’s pickup trucks. Here are the top-selling cars of 2023
2023 Ford Super Duty F-350 Limited Ford DETROIT – America maintained its love affair with pickup trucks in 2023 — but a top-selling vehicle from Toyota Motor nearly ruined their tailgate party. Sales of the Toyota RAV4 compact crossover came within 10,000 units of Stellantis‘ Ram pickup truck last year, a near-No. 3 ranking that…
Santa Cruz is California’s least-affordable housing market. Are high-rises a solution?
SANTA CRUZ — You can sense it in the ubiquitous “Help Wanted” posters in artsy shops and restaurants, in the ranks of university students living out of their cars and in the outsize percentage of locals camping on the streets. This seaside county known for its windswept beauty and easy living is in the midst of…
ECB haunted by bond buys in Swedish property crisis | Reuters News Agency
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…
