The oil company said it would buy CrownRock, a smaller producer, for $12 billion just weeks after Exxon Mobil and Chevron announced acquisitions.
Category: Prices (Fares, Fees and Rates)
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The Louvre Is Raising Ticket Prices Ahead of the Summer Olympics in Paris
The increase, going into effect in January, comes amid broader concerns about rising costs for lodging and transportation ahead of the Summer Olympics in Paris.
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Corporate America Is Testing the Limits of Its Pricing Power
Firms may struggle to keep profits up if demand slows, but so far they are finding ways to keep margins wide.
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Tiny Electric Vehicles Pack a Bigger Climate Punch Than Cars
Two- and three-wheeled vehicles, used by billions of people, are moving away from fossil fuels to batteries faster than cars in countries that have made the energy transition a priority.
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Senate Introduces Long-Awaited Bill Promising Changes for Ticket Buying
The Fans First Act would require disclosures about fees and the location of tickets, strengthen a law banning bots and set stiff penalties for violations.
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Tips for Avoiding Surprise Bills From Electronic Toll Roads
Cashless tolls have reduced traffic jams, but they can also lead to hefty bills for out-of-state drivers. One piece of advice: Promptly pay the bill you get in the mail.
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CVS Says It Will Change the Way Its Pharmacies Are Paid
The drugstore chain is introducing a model that will compensate pharmacies based on how much they paid for a drug, as well as a set markup and service fee.
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JetBlue Seeks Court Approval of its Acquisition of Spirit Airlines
JetBlue Airways is trying to persuade a federal court to let it acquire Spirit Airlines, a deal that the Justice Department says will raise fares and reduce competition.
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S&P 500 Hits 2023 Record, Reversing Summer Losses
The S&P 500 has risen over 10 percent from its October low, with November its best month of the year.
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Jerome Powell Says It’s Too Soon to Guess When Rates Will Drop
The Federal Reserve chair said officials could still raise rates “if” that becomes necessary, and that it’s too soon to guess when they will ease.
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Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears
American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
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Is the Holiday Shopping Season Going to Be a Success? The Answer Is Murky.
Black Friday weekend had a decent turnout for retailers, but it’s unclear if the rest of the season will deliver for the industry.