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Energy giant faces historic write-down as oil and gas markets implode

Exxon Mobil Corp. is about to incur the biggest write-down in its modern history as the…

China Oil Giant CNOOC Targeted by U.S. After Years of South China Sea Tension

(Bloomberg) — China’s third-biggest oil company faces a U.S. blacklist, which could spur major outflows from…

S&P Global Nears $44 Billion IHS Markit Deal to Build Data Giant

(Bloomberg) — S&P Global Inc. is in advanced talks to buy IHS Markit Ltd. for about…

Warren Buffett’s Berkshire Hathaway built an $8 billion stake in JPMorgan, then virtually eliminated it in 6 months. Here’s a look at its unusual bet on the banking giant

© Getty Images / Bill Pugliano Getty Images / Bill Pugliano Warren Buffett’s Berkshire Hathaway amassed…

E-Commerce Giant JD.com Considers Spinning Off Another Business

Chinese e-commerce giant JD.com (NASDAQ: JD) is preparing to spin off another business, this time its…

FS, KKR to Merge Two BDCs Into $15 Billion Lending Giant

“We’re focused on the upper end of the middle market,” KKR’s Daniel Pietrzak said in an…

Hyundai’s Hydrogen Car Ambitions Get A Boost From British Billionaire’s Chemical Giant

Euisun Chung, chairman of Hyundai Motor Co. SeongJoon Cho/Bloomberg Hyundai Motor struck a deal with European…

Billionaire Miner Forrest Aims to Be a Global Clean Energy Giant

(Bloomberg) — Billionaire Andrew Forrest broke into the ranks of the world’s top iron ore exporters,…

Meat Giant JBS Cuts Health Insurance Costs For Workers’ Covid-19 Treatment

The American division of the world’s largest meatpacker is eliminating the amount its workers have to…

The Giant Money Spigot

While the main stream media is so concerned with Trump and the pending impeachment process the…