A person looking at icons representing falling carbon dioxide emissions. ExxonMobil (NYSE: XOM) believes carbon capture, utilization, and sequestration (CCUS) will play a vital role in helping reduce global emissions. The energy company sees this technology eventually becoming a massive global industry that will one day rival the size of the oil and gas market. […]
(Bloomberg) — When a Walgreens Boots Alliance Inc. affiliate bought Summit Health-CityMD around a year ago, the pharmacy group’s management hailed the deal as transformational for its push into primary health care. Most Read from Bloomberg Twelve months later, the $8.9 billion takeover has struggled to deliver cost synergies and Walgreens’s creditworthiness has just been […]
By David Randall, Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) – Investors wondering whether markets can continue their torrid rally are eyeing one important factor that could boost assets: a nearly $6 trillion pile of cash on the sidelines. Soaring yields have pulled cash into money markets and other short-term instruments, as many […]
We need more humans. That’s the message from two of the world’s richest billionaires, Amazon founder Jeff Bezos and Tesla CEO Elon Musk. While the two compete in the space business—Bezos owns Blue Origin while Musk has SpaceX—they agree on certain aspect’s of humanity’s future. “I think in a lot of these endeavors we’re very […]
NEW YORK (Reuters) — Investors wondering whether markets can continue their torrid rally are eyeing one important factor that could boost assets: a nearly $6 trillion pile of cash on the sidelines. Soaring yields have pulled cash into money markets and other short-term instruments, as many investors chose to collect income in the ultra-safe vehicles […]