Oct 23 Chevron buys Hess Corp. for $53 billion, the 2nd oil megadeal this month as energy prices soar By Michelle Chapman, Associated Press 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. Continue reading
Oct 23 WATCH: Biden announces new tech hubs in 32 states during remarks on Bidenomics and economy By Darlene Superville, Associated Press The White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness. Continue reading
Oct 23 Chevron buys Hess in 2nd recent major fossil fuel industry buyout By Michelle Chapman, Associated Press The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion. Crude prices are up 9% this year and have been hovering around $90 per barrel for about… Continue reading
Oct 20 Judge rules Alex Jones can’t use bankruptcy protection to avoid paying Sandy Hook families By Associated Press It's another defeat for Jones in the wake of juries in Texas and Connecticut punishing him over spreading falsehoods about the nation's deadliest school shooting. Continue reading
Oct 19 U.S. may need slower economic growth to beat inflation, Fed chair says By Christopher S. Rugaber, Associated Press Federal Reserve Chair Jerome Powell said inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market. Continue reading
Oct 18 U.S. eases oil and gold sanctions on Venezuela after electoral roadmap signed By Fatima Hussein, Associated Press The move comes in response to Venezuela's government and a faction of its opposition formally agreeing to work together to reach a series of basic conditions for the next presidential election. Continue reading
Oct 18 Starbucks, Workers United union sue each other in standoff over pro-Palestinian social media post By Dee-Ann Durbin, Associated Press Starbucks wants Workers United to stop using its name and logo. Workers United responded with its own filing, asking a federal judge to continue to use Starbucks' name and a similar logo, and accusing Starbucks of defamation. Continue reading
Oct 18 U.S. sanctions 10 Hamas members and its financial network over surprise Israel attack By Fatima Hussein, Associated Press Targeted for Treasury Department sanctions are Hamas investment portfolio managers, a key Hamas commander and a Gaza-based virtual currency exchange, among others. Continue reading
Oct 17 Stalled spending on electrical grids slows rollout of renewable energy, endangering climate goals By David McHugh, Associated Press Stalled spending on electrical grids worldwide is slowing the rollout of renewable energy and could put efforts to limit climate change at risk if millions of miles of power lines aren't added or refurbished in the next few years. Continue reading
Oct 17 IRS plans rollout of free e-file tax return system with invitations to limited taxpayers By Fatima Hussein, Associated Press The agency, which is working on implementing state filing into its pilot, estimates that hundreds of thousands of taxpayers will participate in the limited rollout of the program for the 2024 filing season. Continue reading