Chevron is buying Hess Corp. for $53 billion and it’s not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge.
October 23, 2023Latest News Updates From Michelle Chapman
Chevron Buys Hess for $53 Billion
NHTSA to Investigate Cruise Over Pedestrian Incidents
NHTSA is investigating General Motors’ Cruise autonomous vehicle division after receiving reports of incidents where vehicles may not have used proper caution around pedestrians.
October 17, 2023Exxon Mobil to Purchase Pioneer Natural for $59.5 Billion
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.
October 11, 2023Tyson Foods to Close Four Chicken Processing Plants
Tyson Foods Inc. is closing four chicken processing plants as it looks to lower costs.
August 7, 2023Lordstown Motors Files for Bankruptcy Protection
Commercial electric vehicle startup Lordstown Motors Corp. has filed for Chapter 11 bankruptcy protection nearly two months after it warned that it was in danger of failing.
June 27, 2023New York Tesla Workers Launch Campaign to Organize Union
NEW YORK — Tesla workers at a factory in New York are launching a campaign to organize a union.
February 14, 2023New GM Division to Make EV Chargers
General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce chargers for electric vehicles, as well as solar panels and other energy-related technology for homes and businesses.
October 11, 2022ºÚÁϳԹÏÍø Depot Posts Record Profit, Revenue
ºÚÁϳԹÏÍø Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes.
August 16, 2022Broadcom to Buy VMware for $61 Billion
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and economic uncertainty.
May 26, 2022ºÚÁϳԹÏÍø Depot Overcomes Slow Start to Year, Rising ºÚÁϳԹÏÍø Prices
ºÚÁϳԹÏÍø Depot’s first-quarter sales improved despite a slow spring start, and the home improvement chain raised its full-year guidance.
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