Industry

Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger

Chuck Schumer Calls on FTC to Halt Chevron-Hess $53 Billion Merger

Chuck Schumer's call to action is based on his concern that such mergers could grant oil giants excessive influence over gas prices, leading to potential price increases that would impact consumers.


Elon Musk Slams Mark Zuckerberg's Meta for Engaging in 'Super Greedy' Advertising Practices

Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform.

Japan's Largest Nuclear Plant Poised for Resumption, BNEF Says

After more than ten years of being offline, this step would represent a crucial move towards stabilizing power costs in the country.

Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round

Chinese companies won five more bids to explore and develop oil and gas fields in Iraq. Chinese companies won five more bids for licenses to explore and develop oil and gas fields in Iraq as the hydrocarbon exploration licensing round of the Middle Eastern country entered its second day.


Latest News

California's Landmark Price Transparency Law to Go Into Effect in July — Here's What You Need to Know
The price transparency law of California will take effect on July 1. Here's what you need to know.
CANADA-JAPAN-AUTOMOBILE-HONDA-ENERGY
April saw an unexpected surge in Canadian job growth, adding 90,000 jobs, primarily in part-time work and among young adults, driving hopes for economic recovery.
Speaker Johnson Meets With House Freedom Caucus
OpenAI CEO Sam Altman has taken his nuclear power company, Oklo, public with shares trading on the NYSE despite facing regulatory hurdles and no revenues yet.
Air Vanuatu Files for Bankruptcy Protection After Canceling All International Flights, Leaving Thousands of Tourists Stranded
Air Vanuatu has filed for bankruptcy protection after it canceled all its international flights, which left thousands of passengers stranded.
Nestle's Nescafe Is Brewing $196 Million Investment in Brazil to Tap Into Rising Coffee Demand Among Young Caffeine Lovers
Nestle is reportedly planning to invest 1 billion reais ($196.5 million) in Brazil over the next two years to boost production capacity and out-of-home sales of its Nescafe products.
Canada Slaps Binance With $4.38 Million Fine for Violating Anti-Money Laundering and Terrorist Financing Laws
Canada's financial watchdog has slapped Binance with a fine of nearly $4.38 million for violating anti-money laundering and terrorist financing laws.
Boeing's Statements on Safety Practices Being Investigated by SEC After Side Panel Breaks Off Plane
The SEC has launched an investigation into Boeing's statements regarding its safety practices following an incident involving a 737 Max 9 aircraft in January.
Donald Trump Allegedly Asks $1 Billion from Oil CEOs, Promising Them He'll End EV Incentives
Donald Trump allegedly promised oil CEOs that he'd end EV incentives if they could donate $1 billion to his election campaign. Is this true?
A Boeing 737 caught fire at Senegal Airport, injuring several people amid the new FAA investigation. Here's what happened.
Huy Fong Foods’ Sriracha Sauce Shortage Could Be on the Way — Here’s Why
A shortage of Huy Fong Foods’ Sriracha sauce could be on the way. Here’s why. Huy Fong Foods has suspended the manufacturing of Sriracha, a beloved chili sauce, after discovering that the supply of spicy peppers was inadequate due to the harsh climate.
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