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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Disneyland Is Getting Rid Of Its Popular Annual Pass Program Due To The Coronavirus Pandemic
Disneyland is ending its annual pass program after being closed for nearly a year due to the coronavirus pandemic, the resort announced Thursday. With Southern California experiencing the worst surge yet in COVID-19 cases and hospitalizations, and with no clear idea of when the theme park will be able to finally reopen, Ken Potrock, president…
Water Wars: How Climate Change Is Turning Rivers Into Battlegrounds
In the 20th century, oil was the resource most likely to spark global conflict. In the 21st, that resource may well be water. As climate change reshapes rainfall, glaciers, and river flows, fresh water—once taken for granted—is becoming a source of growing geopolitical tension. Rivers that sustain millions of people are now at the center…
The Workers Getting Big and Small Raises in 2024
After a few years of hefty pay increases, American workers can expect solid but not spectacular raises in 2024. On average, companies are planning for salary increases of 4% in 2024, according to a December survey of more than 1,800 employers by advisory firm Willis Towers Watson. That is down from the 4.4% raises that…
Blog | Business | Technology
The Rise of Green Tech: How Sustainability Is Driving Business Growth Worldwide
In recent years, sustainability has shifted from being a corporate buzzword to a driving force behind global business strategy. With climate change, resource scarcity, and regulatory pressure shaping markets, companies are increasingly turning to green technology not just as an environmental responsibility but as a growth engine. From renewable energy to circular economy innovations, sustainability…
The Auto Workers Strike Could Be Coming To An End At Ford
The United Auto Workers union and Ford have reached a tentative agreement that could end the nearly six-week strike against the iconic Detroit automaker, the union announced Wednesday. The deal, the full details of which were not immediately released, must still be ratified in a vote by the 57,000 union members who work at Ford….
Column: How the retail lobby sold a $45-billion whopper about organized shoplifting
If you’re making a list of big news stories of 2023, here’s one you might want to check twice: The surge in “organized retail crime,” or gang shoplifting. I’ve written before about the news media’s fixation on this phenomenon despite the unreliability of retailers’ claims about it, and especially when compared with the much more…
