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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‘Bidenomics’ on Main Street: Lending to women-owned small businesses tops $5 billion, SBA reports
Thomas Barwick | DigitalVision | Getty Images It wasn’t too long ago that women who needed business capital didn’t struggle to access it — they simply couldn’t get it, at least not without a male relative to co-sign on a loan. There’s been considerable progress since 1988 when that law was changed, but the gender…
US budget: Spending deal reached as shutdown deadline looms
President Biden says the agreement “clears the way” for Congress to avoid a government shutdown.
What travelers need to know about the Boeing 737 Max 9 grounding
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board in Portland, Oregon, on Jan. 7, 2024. Ntsb | Via Reuters Airlines have canceled hundreds of flights since…
Australia’s Liontown in talks with US Defense Dept on tantalum supply | Reuters News Agency
Business & Finance 07 December 2023, 5:15 am 1 minute Reuters exclusively reported that Miner Liontown Resources (LTR.AX) is speaking with the United States Department of Defense about supplying tantalum from its Australian operations if the U.S. passes a new regulation by year end as expected, its chief executive told Reuters on Thursday. Lining up…
Bank Earnings Season Is About to Start. Here’s What to Expect.
Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this week, should show how the banks’ customers fared in the harsher rate environment. So far, households have continued to spend and borrow, despite higher borrowing costs,…
The Auto Workers Union Just Announced A Major Breakthrough Toward A ‘Just Transition’
The United Auto Workers union said General Motors has agreed to put the company’s battery plant workers under the union’s national contract, calling it a major victory in the ongoing strike against the “Big Three” automakers. UAW President Shawn Fain said in a Facebook Live address to members Friday that GM had put the agreement…
