F.T.C. Clears Chevron’s Purchase of Hess With Board Condition

F.T.C. Clears Chevron’s Purchase of Hess With Board Condition

The Federal Trade Commission said the oil giant can acquire the smaller company as long as the chief executive of Hess does not join its board.
Norfolk Southern Fires C.E.O. Alan Shaw After Ethics Investigation

Norfolk Southern Fires C.E.O. Alan Shaw After Ethics Investigation

The railroad company’s board said it dismissed Alan Shaw and an executive he had a consensual relationship with.