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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Column: Measles is again on the march across the world, thanks to anti-vaxxers such as RFK Jr.
Forecasting the future is difficult. But here’s an easy prediction: The anti-vaccination movement in the U.S. and globally is going to result in the deaths of more children. This grim portent comes to us courtesy of UNICEF, which is reporting that 30,601 confirmed cases of measles have been reported in Europe and Central Asia this…
Trump promises to stop inflation. But would his plans actually help?
January 7, 2024 at 6:00 a.m. EST (The Washington Post/Laura Padilla Castellanos; Jabin Botsford/The Washington Post; iStock) Comment on this storyComment Add to your saved stories Save Donald Trump is vowing sweeping changes to the nation’s economy that threaten to reignite inflation — even as the former president blames President Biden for higher prices and…
Shoppers and retailers set for ‘challenging’ 2024, says BRC
The British Retail Consortium says shoppers will still be squeezed by higher living costs this year.
Boeing shares tumble after panel blows out midflight, FAA grounds dozens of 737 Maxes
Shares of Boeing tumbled 8% on Monday as investors digested the news that the Federal Aviation Administration had ordered airlines to ground dozens of Boeing 737 Max 9 aircraft for urgent inspections. The FAA issued the order on Saturday after a door plug blew out in the middle of an Alaska Airlines flight on Friday when the…
Average mortgage rate lowest for nearly seven months
Guy Gittins, chief executive of Foxton’s, London’s biggest estate agent, told the BBC’s Today programme there had been a “huge movement in confidence” late last year with the more new buyers registering compared to the same period in 2023. “I think the prices that we’re achieving at the moment in the UK are relatively steady,…
Samsung Electronics Forecasts Weaker Fourth-Quarter Operating Profit
Samsung Electronics expects its fourth-quarter operating profit to fall 35% from a year earlier, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business. The world’s largest maker of memory chips, smartphones and televisions said in a preliminary earnings forecast Tuesday that its operating profit is expected at 2.800 trillion…
