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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Falling mortgage rates lend a helping hand to home buyers
Mortgage rates fell for the eighth consecutive week, giving cash-strapped home buyers some relief as the new year approaches. The average interest rate on the popular 30-year fixed mortgage clocked in at 6.67% for the week ended Dec. 20, down from 6.95% a week earlier, according to data released Thursday by mortgage giant Freddie Mac….
SpaceX and T-Mobile send first texts via Starlink satellites
SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert on stage during a T-Mobile and SpaceX joint event in Boca Chica Beach, Texas, on Aug. 25, 2022. Michael Gonzalez | Getty Images SpaceX successfully sent text messages via Starlink satellites using T-Mobile’s network, it announced Wednesday, as Elon Musk’s company aims to bring its direct-to-device…
Striking Autoworkers Just Won A Huge Concession From General Motors
The United Auto Workers union reached a tentative agreement on a new contract for 48,000 General Motors workers on Monday, bringing a potential end to the union’s roughly six-week strike against the “Big Three” automakers. The union said it had achieved a core demand in talks with GM: putting battery plant employees under the UAW…
Spice Girls to feature on commemorative set of stamps for 30th anniversary
It is the first time Royal Mail has dedicated an entire stamp issue to a female pop group.
How to buy insurance for a business so financial disaster doesn’t strike
Many Main Street businesses could be playing with fire — literally — by not maintaining appropriate levels of business insurance coverage, especially given the spate of natural disasters affecting multiple areas of the U.S. Skimping on property damage and business interruption coverage is understandable to some extent, given the cost. While the price of a…
The Rise of Remote Work: How Companies Are Adapting
The COVID-19 pandemic has accelerated the shift to remote work, fundamentally changing how businesses operate and employees perform their duties. As we move further into 2024, it’s clear that remote work is here to stay. This article explores how companies are adapting to the new remote work environment, the benefits and challenges of remote work,…
