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Exxon Sues California Official, Claiming He Defamed the Company
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.The New York Times - Jan. 7 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
Will US markets keep rising under Trump?
Economic uncertainty and frothy valuations jar with investor optimismFinancial Times - Jan. 7 -
US accuses Sudan paramilitary force of genocide
Biden administration places sanctions on leader of Rapid Support ForcesFinancial Times - Jan. 7 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
Services index shows big jump in prices for December as companies fear tariffs
The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points or more than 10%.CNBC - Jan. 7 -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - Jan. 7 -
McDonald’s Abandons Some DEI Policies, Following Other Big Companies Caving to Pressure Groups
Despite its apparent successes in diversifying the company, McDonald’s joined the growing list of big corporations revising or dropping DEI programs amid conservative attacks.Inc. - Jan. 7 -
Maingear launches Apex liquid-cooled desktop gaming PCs
Maingear has launched two more models in its Apex line of liquid-cooled desktop gaming PCs: the Apex Force and the Apex Rush.VentureBeat - Jan. 7 -
Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7 -
How to use AI to be more productive and successful at work
Smarter by CNBC Make It's online course will help you understand new AI tools and how you can use them to save time at work, in your business, and in life.CNBC - Jan. 7 -
McDonald’s is ‘retiring’ its DEI goals. Why more companies are expected to do the same.
Companies like Walmart, Harley-Davidson and Lowe’s have also changed their diversity initiativesMarketWatch - Jan. 7 -
O'Leary: Trump US-Canada merger an interesting concept
"Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is "very interesting." “I went to Palm Beach for a couple of days. On Saturday, we ...The Hill - Jan. 7 -
Want to land a remote job in 2025? These 20 companies are hiring—some jobs pay over $100,000
FlexJobs saw a 20% increase in the number of remote job listings in 2024 over 2023 — up 9% from the year prior.CNBC - Jan. 7 -
Shutterstock and Getty Images will join to become a $3.7B visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content companyABC News - Jan. 7 -
1st human bird flu death in US reported
The Louisiana Department of Health confirmed the first human bird flu death in the United States on Monday.ABC News - Jan. 7 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - Jan. 7 -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - Jan. 7 -
Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - Jan. 7 -
Eureka’s robotic vacuum can detect liquid stains and cut itself free of tangles
Eureka, a household cleaning pioneer with over a century of history, has unveiled its Eureka J15 Max Ultra robotic vacuum.VentureBeat - Jan. 7 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
US transfers 11 prisoners out of Guantánamo Bay
The U.S. on Monday transferred 11 prisoners out of Guantánamo Bay, the latest batch of inmates to leave the infamous facility in Cuba that once held around 780 detainees. The 11 prisoners were ...The Hill - Jan. 6 -
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - Jan. 6 -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - Jan. 6 -
US Congress certifies Trump’s 2024 electoral win
Certification comes four years after Republican’s supporters staged violent attack on CapitolFinancial Times - Jan. 6 -
Do Our Dogs Have Something to Tell Us?
Many owners think so, thanks to the “talking buttons” craze on TikTok and Instagram. Scientists are less convinced.The New York Times - Jan. 6 -
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.CNBC - Jan. 5