Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
Category: Stocks and Bonds
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Federal Investigators Widen Tesla Inquiry, Company Says
The Department of Justice has sought documents related to vehicle range and “personal benefits,” Tesla said.
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How High Interest Rates Sting Bakers, Farmers and Consumers
Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.
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Investors Fret as Daunting Bond Market Milestone Comes Into View
The 10-year U.S. Treasury yield has threatened to break above 5 percent for the first time in 16 years, rattling the markets.
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Country Garden Says Executives Have Not Fled China
The company, one of China’s biggest property developers, took the unusual step of stating that the company’s founder and its chairwoman were “working normally.”
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Bonds Have Been Awful Investments. It’s a Good Time to Buy.
As interest rates rose over the past few years, bond prices plummeted, making high-quality bonds more attractive, our columnist says.
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Birkenstock Raises $1.48 Billion in Its I.P.O.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
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From LSD to I.P.O.
Once the symbol of the counter culture, lately the darlings of the fashion world, Birkenstock went public in New York.
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Exxon Acquires Pioneer Natural Resources for $60 Billion
The acquisition of Pioneer Natural Resources, Exxon’s largest since its merger with Mobil in 1999, increases the company’s presence in the Permian basin in Texas and New Mexico.