AI-led demand
Tech market values jump in September on Fed rate cuts, AI optimism
The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies.
Abril Elfi
Texas: Houston Pipeline Explosion Prompts Evacuation
A pipeline carrying natural gas exploded into flames, prompting an evacuation in a suburban Houston, Texas, area.
2024
U.S. Seizes Venezuela President Nicolas Maduro’s Airplane: ‘Violated U.S. Sanctions’
Venezuela President Nicolás Maduro’s plane was seized by U.S. authorities in the Dominican Republic, according to multiple reports.
ayatollah ali khamenei
U.S. Sends Guided Missile Submarine To Middle East As Tensions Threaten Peace Deal
The United States Pentagon announced that it has sent the USS Georgia guided missile submarine towards the Middle East as they anticipate a broader regional war between Israel and Iran, along with Iranian proxy groups.
Business
Chevron Moving Headquarters From California To Texas
Oil titan Chevron announced on Friday that they are moving its headquarters from San Ramon, California to Houston, Texas.
brooke mallory
Cuba: Russian Naval Ships And Nuclear Powered Sub To Visit Cuba This Week
As part of its “historically friendly relations,” a number of Russian naval ships, including a nuclear-powered submarine, will visit Cuba this week, the country’s administration announced last week.
2000
Mexico To Elect First Woman President
Mexican citizens are preparing to vote in a historic election that will decide who will become the first woman president.
$17.1 billion
ConocoPhillips Buys Marathon Oil For $17.1B As Energy Prices Rise
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.
$1.7 billion
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.