By Sabrina Valle HOUSTON (Reuters) – Hess Corp CEO John Hess has until Tuesday to quell a rebellion by shareholders over his handling of what could turn out to be one of the largest mergers in oil industry history: a proposed $53 billion sale of the oil producer to Chevron Corp. Hess, 70, has spent […]
The electronic gifts you gave in December may have drained batteries by now. Some electronics come with low-quality, single-use batteries, ensuring a toy or device works long enough to make it unreturnable to a store. Perfectly good toys end up in thrift stores or garbage carts because parents get tired of replacing single-use batteries. But […]
How important was the so-called “Magnificent Seven” in 2023? Well, according to S&P Senior Index Analyst Howard Silverblatt, it was very important. Consider this: The Magnificent Seven — Apple, Nvidia, Amazon, Microsoft, Alphabet, Meta Platforms, and Tesla — accounted for more than 60% of the S&P 500‘s total return of 26%. Indeed, if those seven […]