Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Big Oil Gets Bigger as ESG Funds Are Falling Out of Favor

Chevron’s $53 billion bid for Hess may drive consolidation in the oil patch. Meanwhile, investors are pulling back from climate-focused investment products.
The Upshot of Microsoft’s Activision Deal: Big Tech Can Get Even Bigger

The Upshot of Microsoft’s Activision Deal: Big Tech Can Get Even Bigger

With the completion of the blockbuster acquisition, the notion that tech giants can grow through “vertical transactions” remains intact.