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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United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets
Updated Jan. 8, 2024 9:53 pm ET United Airlines and Alaska Airlines have discovered loose parts on Boeing 737 MAX 9 jets that they have inspected after a near-catastrophe on a flight Friday, signaling Boeing’s issues go beyond the aircraft that made an emergency landing. U.S. air safety officials grounded the Boeing jets and are…
China sanctions five US defence firms over Taiwan arms sales
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Oil Prices Surge As Israel Prepares To Invade Gaza
Oil prices are rising again as Israel prepares to invade Gaza as soon as Saturday and the United States tightens sanctions on major crude-producing countries, sparking market fears over a drop in supply as demand increases. On Friday morning, the price per barrel of West-Texas Intermediate, the benchmark for contracts to deliver oil produced in…
IRS rejects more than 20,000 refund claims for pandemic-related tax credit
IRS Commissioner Daniel Werfel speaks during an IRS event on August 2, 2023 in McLean, Virginia. Alex Wong | Getty Images The IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed a pandemic-era tax break as the agency continues its crackdown on “dubious” filings. Created to support small businesses during the…
Las Vegas Hotel Workers Are Prepared To Shut Down Much Of The Strip
Thousands of service workers in Las Vegas are preparing to go on strike Friday if they can’t settle new contracts with two of the city’s major hotel and casino operators. The Culinary Workers Union said it reached a tentative agreement on a new contract with Caesars Entertainment early Wednesday after 20 hours of bargaining. But…
