Exxon is not trying to acquire Hess in dispute with Chevron, CEO says
HOUSTON — Exxon is not trying to acquire Hess as the oil major battles with Chevron over lucrative oil assets in Guyana, CEO Darren Woods said Monday. When asked directly,…
Hess reviews timeline for Chevron deal closing after Exxon escalates Guyana dispute
Mike Wirth, CEO of Chevron and John Hess, CEO of Hess, appear on CNBC to speak about Chevron’s deal to buy Hess Corp for $53 billion all-stock deal, on the…
HES shares drop as fight with XOM over Guyana oil threatens Chevron takeover
Hess Corp shares fell Tuesday after Chevron warned investors that a dispute with Exxon Mobil and China’s National Offshore Oil Corp. (Cnooc) over Guyana’s offshore oil assets could jeopardize its…
Berkshire Hathaway once again keeps new stock purchase secret, trims giant Apple stake
Warren Buffett’s Berkshire Hathaway asked regulators to keep its new stock purchase secret for a second quarter in a row, while the conglomerate trimmed its massive Apple stake slightly in…
These oil stocks could be the next takeover targets in Permian Basin
The oil industry is fighting to cash in on limited land in the resource-rich Permian Basin but the acquisition targets are dwindling after a series of major deals over the…
AI might be reading your Slack, Teams messages using tech from Aware
Insta_photos | Istock | Getty Images Cue the George Orwell reference. Depending on where you work, there’s a significant chance that artificial intelligence is analyzing your messages on Slack, Microsoft…
Apple, Intel, Amazon and more
Check out the companies making headlines in midday trading. Meta Platforms — The Facebook and Instagram parent soared 20.3% after reporting a threefold rise in fourth-quarter profit and declaring its…
Fourth-quarter earnings shaping up to be the best of 2023
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. Brendan McDermid | Reuters Here’s how big of a surprise…
Here are Jim Cramer’s rapid-fire takeaways on 6 stocks in the news Friday
Clorox – The consumer products giant saw a huge earnings beat. It’s also rebounding from last year’s cyberattack. “Things are back online, and there’s tremendous demand for their product,” Jim…
Red Sea crisis poses “very real risk” to oil, Chevron CEO says
The crisis in the Red Sea poses serious risks to oil flows and prices could change quickly if tensions lead to a major supply disruption in the Middle East, Chevron…