Traders are more jittery than ever about the outcome of the Chevron Corp.’s proposed $53-billion takeover of Hess Corp. as Venezuela threatens to seize mineral-rich regions in neighboring Guyana.
Starbucks Corp. said it reached out to the union representing hundreds of its stores to try to end an impasse over contract talks, a conflict that has frayed the coffee giant’s relationship with some of its frontline employees.
A key gauge of stock market worry will climb in 2024 after tumbling this year to the lowest since before the pandemic struck, and the magnitude depends on the strength of the economy, according to JPMorgan Chase & Co. strategists.
Petroleos Mexicanos has renewed about $8.3 billion in revolving credit lines from banks including Banco Bilbao Vizcaya Argentaria SA, JPMorgan Chase & Co., Citigroup Inc. and others at it grapples with the oil industry’s largest corporate debt load.
Two new cutting-edge therapies for sickle cell disease were approved in the US Friday, paving the way for a showdown between multimillion-dollar treatments for a disease that affects some 100,000 Americans.
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