Occidental’s CrownRock Deal Delayed But Sees Permian Basin Production Boost
Occidental Petroleum Corporation ) expects to close acquisition of CrownRock LP in Q3 FY24. CEO anticipates no hurdles from regulators.
Apple’s Unionized Maryland Store On Brink Of Strike Amid Union Talks: Report
Apple Retail Store Workers in Towson, MD, Vote on Strike Amid Negotiations: Unionized employees at Apple Inc.'s Towson store gear up for a crucial vote this Saturday, potentially authorizing a strike. Detailed plans distributed by the Machinists union highlight impending negotiations with Apple, raising stakes for fair pay and benefits.
Sony, Apollo Said To Be In Talks To Access Struggling Paramount’s Financials To Pave Way For Potential $26B Acquisition
Paramount Global is currently in talks to share its financial information with Sony and Apollo, who are both interested in acquiring the U.S. media company.
Tim Cook’s Potential Retirement Sparks Successor Search At Apple: ‘Not Clear How This All Pans Out’
As Apple CEO Tim Cook nears retirement, finding a suitable long-term successor becomes increasingly challenging due to the absence of clear candidates ready to commit to a lengthy tenure at the helm of the tech giant.
Disney, Warner Bros. Discovery To Offer Streaming Bundle With Disney+, Hulu, Max This Summer: ‘More Choice And Value’
Walt Disney Co. and Warner Bros. Discovery are set to launch a new streaming bundle in the U.S. this summer that will include Disney+, Hulu, and Max, with both ad-supported and ad-free options, aiming to provide more choice and value to subscribers.
Hollywood’s Horrible Year? Not For CEOs: Disney’s Bob Iger, Warner Bros.’ David Zaslav Enjoy Huge Paydays
As director Kevin Smith once said, "In Hollywood, you just kind of fail upwards." Bob Iger and David Zaslav are among those who failed best.
KKR Inks ~$1.4B Deal For Australian Company Perpetual’s Corporate Trust And Wealth Management Units: Details
KKR to acquire Perpetual's wealth management & corporate trust businesses for AU$2.175 billion.
Mastercard’s New Tech Could Change How Banks Handle Money and Securities
Mastercard Inc (NYSE: MA) collaborates with major US banks to test ledger tech for unified settlement of tokenized assets, aiming to simplify and speed up global transactions while reducing errors and fraud risks.
Apple Reverses Sales Decline in China with Impressive March Shipment Growth
Apple's Chinese iPhone shipments rose 12% in March thanks to price cuts. This signals a rebound from previous declines and potential for market recovery.
Amazon Advances Towards Zero-Emissions with New Electric Trucks
Amazon revealed first of 12 Volvo electric big rigs for LA/Long Beach port, boosting net-zero goal. Amazon also deploys 13,500 EV vans nationwide.