Mike Wirth, who has seen many booms and busts over the more than 40 years he has been with the energy giant, said that “when the world stops using oil and gas, we’ll stop looking for it.”
Category: Corporations
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Spirit Airlines Files for Bankruptcy for 2nd Time in a Year
The troubled carrier last exited Chapter 11 in March. It said more could be done to stabilize the company with a second filing.
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Larry Ellison Wants to Do Good, Do Research and Make a Profit
Oracle’s co-founder and the world’s second-richest person pledges to concentrate his vast resources on his own research institute and for-profit ventures to address health, hunger and climate change.
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UnitedHealth Grew to Be a Leviathan. Then Came the Backlash.
The conglomerate was viewed as one of the most successful companies in America, but patients are enraged and investors have lost faith in its business model.
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UnitedHealth Grew to Be a Leviathan. Then Came the Backlash.
The conglomerate was viewed as one of the most successful companies in America, but patients are enraged and investors have lost faith in its business model.
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David Bars Have Had Breakout Success. Can the Protein Craze Last?
The David bar’s breakout success is proof that, in our culture of optimization, one macronutrient is king. But can the protein craze last?
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Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom
Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt residents.
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Congress Was Supposed to Vote on 3 Crypto Bills This Week
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
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Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill
Treasury Secretary Scott Bessent said the Group of 7 agreed that penalties related to a 2021 “global minimum tax” deal will not apply to American companies.
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Walmart Tries to Shed a Stodgy Vibe to Battle Digital-Native Rivals
The retailing giant is spending billions to attract workers to a new headquarters and woo shoppers with drone delivery and a broader range of items (like Louis Vuitton handbags).