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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The Trump Administration Will Soon Deny Work Permits For Asylum-Seekers Who Enter The US Without Authorization
The Trump administration plans to soon announce a policy that will deny work permits for asylum-seekers who cross into the US without authorization, according to two sources with knowledge of the matter. The policy, which was first reported by BuzzFeed News in August, will make asylum-seekers who do not cross into the country at a…
JPMorgan CEO Jamie Dimon says San Francisco in ‘far worse shape’ than NYC
JPMorgan’s chief executive Jamie Dimon declared that “San Francisco is in far worse shape than New York” as he blasted major US cities for failing to “do a good job” when it comes to safety and housing shortages. “I think every city, like every country, should be thinking about what is it that makes an…
NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges
The crew members of the Artemis 2 mission of the U.S. space agency NASA, left to right, Reid Wiseman Victor Glover, Christina Koch and Jeremy Hansen, stand at a press event in the ArianeGroup building. Hauke-Christian Dittrich | Picture Alliance | Getty Images NASA is pushing back the schedule for upcoming missions of its flagship…
The Auto Workers Strike Just Hit Ford Where It Hurts
The United Auto Workers union announced Wednesday that its nearly four-week strike against the “Big Three” automakers was expanding to Ford’s truck plant in Kentucky. Roughly 8,700 union members work at the Louisville facility producing the company’s Super Duty trucks as well as the Ford Expedition and Lincoln Navigator SUVs. The walkout Wednesday marks the…
EDF Energy aims to extend life of UK nuclear plants
The French state-owned firm’s plans are subject to approvals by regulators in the UK.
Mom and pop shops are cutting software spending, creating jitters on Wall Street
Nick Martin, co-founder and CEO of Joe Coffee, is so concerned about the state of the economy that he’s looking for ways his company can save money. One main area for cuts: software. Martin started the Seattle-based company with his brother, Brenden, to help local coffee shops better compete with Starbucks, by making it easier…
