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Oil prices extended gains on Monday as efforts to end the U.S.-Israeli war with Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as U.S. President Donald Trump is expected to discuss military options on Iran. Source link
NextEra Energy (NEE) will acquire Dominion Energy (D) in a $66.8 billion all-stock transaction, marking the largest power-sector tie-up on record and creating the largest electric utility in the country. Dominion stock jumped roughly 15% in premarket trading, while NextEra stock fell roughly 1.5% before the bell as investors digested the news of a deal…
New York — The energy crisis is a financial nightmare for Main Street and a political nightmare for the White House. Inflation is racing back to life, real wages are shrinking and voters are blaming President Donald Trump for $4.50-a-gallon gas. Trump now faces a break-the-glass moment to avoid gas prices from blowing past Biden-era records…
U.S. power firm NextEra Energy is discussing a mostly stock deal for Dominion Energy that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday. Source link
From a new fitness gym to major expansions completed at the Kyle H-E-B plus! check out some updates on local businesses this Spring. Now open Bright Imaginations The business will offer an indoor, interactive play space where children can explore and create, as well as party packages. The space will be geared toward children ages…
Samsung Electronics and its South Korean labour union are set to join a new round of government-mediated pay talks on Monday, in a bid to avert a strike at the tech giant, which accounts for nearly a quarter of the country’s exports. Source link
Investors are warning that lofty U.S. stock markets have not yet priced in the risk of rocketing inflation and are vulnerable to a sharp spike in bond yields. Source link
Online fast-fashion platform Shein is acquiring Everlane from majority owner L Catterton in a deal valuing the U.S.-based apparel retailer at about $100 million, Puck News reported on Sunday, citing people familiar with the matter. Source link
First, to be sure, Amazon isn’t without competitors in any of the segments it is in, including e-commerce. Major US retailers like Walmart and Target both have broad-based, rapidly expanding online retail arms, and offer their own versions of Amazon’s Prime subscription service. Source link
