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Exxon Buys Pioneer for $60 Billion to Create Shale Giant
The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year. Source
Why Nelson Peltz Grew Impatient With Disney's Turnaround Efforts
The activist adds shares, while the company plans changes to ESPN, Hulu and its streaming business. Source link
No, You Aren't Getting a Bonus. Your Company Is Just Testing You.
Companies are getting creative with phishing tests. Employees are getting annoyed. Source link
Big-Company Bankruptcies Hang Over Economy
Businesses that loaded up on debt when interest rates were lower now face a growing risk of failure. Source link
The Stunning Boom and Bust of a Tax-Refund King
One of the biggest processors of a pandemic tax break has slashed staff and stopped marketing after an IRS crackdown. Source link
Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion
The deal expands the pharmaceutical company’s portfolio of cancer drugs. Source link
The Company That Defined Dieting Is Sorry It Told Us to Have More Willpower
Ozempic, Oprah and apologies: WeightWatchers says there’s no shame in being overweight, or in taking new weight-loss drugs. Source link
Meatpacking Plant Closures Cut Deep for Small-Town Economies
Tyson Foods and other meat processors are closing plants amid high costs and falling demand, spelling economic turbulence for the communities where the plants are
The Oil Patch Is Primed for an Era of Megadeals
A tie-up between Exxon and Pioneer would put pressure on Chevron and other rivals to pursue deals of their own. Source link
