ConocoPhillips agreed to buy Marathon Oil for $17.1 billion on Wednesday in an all-stock transaction, which will increase the company’s assets as the broader oil and gas industry undergoes a major wave of unification.
Read More ConocoPhillips Buys Marathon Oil For $17.1B As Energy Prices RiseTag: fourth quarter
Biden Admin Settles With Norfolk Southern For $310M Over Ohio Train Derailment
The Justice Department (DOJ) and Environmental Protection Agency (EPA) announced a settlement that is estimated to be worth $310 million that was mutually agreed upon with railway company Norfolk Southern.
Read More Biden Admin Settles With Norfolk Southern For $310M Over Ohio Train DerailmentLuka Doncic helps Mavs take down Wolves in Game 1
Luka Doncic described the victory over the Minnesota Timberwolves in Game 1 of the Western Conference finals as a relay race.
Read More Luka Doncic helps Mavs take down Wolves in Game 1Red Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp Promotion
The Seafood chain Red Lobster, which lost millions over its all-you-can-eat-shrimp promotion last year, has officially filed for bankruptcy after the chain shut down almost 100 locations last week.
Read More Red Lobster Files For Chapter 11 Bankruptcy After Disaster All-You-Can-Eat Shrimp PromotionUS fourth-quarter growth revised higher; labor market still strong
The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strongCapital One to buy Discover Financial in $35.3 billion all-stock deal
Capital One plans to acquire Discover Financial Services to create a global payments giant.
Read More Capital One to buy Discover Financial in $35.3 billion all-stock deal