Saturday, November 16, 2024

Exxon Looks to Dive Into Energy Trading

From Reuters Exxon Mobil Corp (XOM.N) is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management systems to lift profit, according to executive recruiters and people familiar with the business. The development is a sea change for a company that has stood out from rivals by limiting its past activity out of concern

AT&T Wins Court Approval to Buy Time Warner for $85 Billion

From Reuters AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, dealing a blow to U.S. President Donald Trump’s administration which tried to block the deal and likely setting off a wave of corporate mergers. The planned deal, approved without conditions, is seen as a turning point for a media industry