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.
Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.
The chief executive of JetBlue Airways, Robin Hayes, said on Monday that he planned to step down after nine years in the role and while in the middle of trying to carry out a merger with Spirit Airlines that could reshape the industry, if it isn’t blocked in court. Mr. Hayes will be replaced by…
Business & Finance 08 December 2023, 2:27 am 1 minute Reuters exclusively reported two significant stories in the aerospace sector on Thursday about U.S. plane maker Boeing. Reuters started the day breaking news about Boeing closing in on a Thai Airways plane order and then later in the day filed an exclusive about a two-month…
Shoppers enter and exit the Neiman Marcus at the King of Prussia Mall in King of Prussia, Pennsylvania, on Dec. 8, 2018. Mark Makela | Reuters ORLANDO, Fla. — As rumors swirl over whether Saks Fifth Avenue will acquire Neiman Marcus, Neiman’s CEO told CNBC there’s “no need” to sell the business, adding it’s unlikely…
SAP is one of the world’s largest software firms and was investigated over activity in seven countries.
An Alaska Airlines Boeing 737 Max 9 aircraft is grounded at Los Angeles International Airport in California on Jan. 8, 2024. Eric Thayer | Bloomberg | Getty Images Aircraft manufacturer Boeing will revise inspection instructions for its 737 Max 9 planes after a panel blew out midflight last week during an Alaska Airlines flight and…
Food and drink giant Danone will cut the price of its baby formula range sold to UK retailers.