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Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media landscape here.…
Exxon Mobil said Wednesday it agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal, or $253 per share.As part of…
China’s sovereign wealth fund, Central Huijin Investment, increased its stake in four of the country’s biggest banks late Wednesday in what is seen as a move…
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Inflation’s like…
Republican lawmakers Wednesday selected Rep. Steve Scalise as their candidate for speaker of the House of Representatives, more than a week after Kevin McCarthy was ousted…
Check out the companies making big moves midday.Novo Nordisk — The Danish drugmaker stock added 6.27% after saying late Tuesday it was halting Ozempic’s kidney disease…
The United Auto Workers union surprised Ford late Wednesday night, having 8,700 workers walk off the job at the company’s largest plant, the Kentucky Truck Plant…
As Israel prepares for what could be a long war with massive humanitarian implications, there are also concerns about how a protracted fight could weigh on…
Ebay could be on the hook for as much as $2 billion in fines for allegedly allowing hundreds of thousands of “rolling coal” pollution devices and…
Anti-Defamation League CEO Jonathan Greenblatt slammed Corporate America’s response to the terror attacks on Israel as “disappointing at best, disastrous at worst.” “We have arguably the…