Page 12 - Anna Driver News Today

Jason Andringa’s company was part of the stampede of U.S. businesses that built factories in China. "If we didn’t already have a plant in China, we sure wouldn’t start one now," he said. The latest example of that hit Tuesday, when the Biden administration said it plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others.

The U.S. Commodity Futures Trading Commissions top cop on Tuesday said he wants to dispel this myth that the agency goes easy on wrongdoers, detailing new policies aimed at hiking the potential costs... -October 17, 2023 - MarketScreener

By Paritosh Bansal (Reuters) - Things were looking up for Tractiv in January, when the data tracking software startup was on the cusp of a deal with M...

The Biden administration is considering closing a loophole that gives Chinese companies access to American artificial intelligence (AI) chips through units located overseas, according to four people familiar with the matter. The United States last year shook relations with Beijing when it unveiled new restrictions on shipments of AI chips and chipmaking tools to China, seeking to thwart its military advances. In the initial round of curbs, the Biden administration left overseas subsidiaries of...

By David French NEW YORK (Reuters) -Senior management at Pioneer Natural Resources will likely be out of a job once the companys $60 billion sale to Exxon ...

Senior management at Pioneer Natural Resources will likely be out of a job once the companys $60 billion sale to Exxon Mobil is completed, but the top brass will walk away with bumper payouts which...

By David French NEW YORK (Reuters) - Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to...

HOUSTON (Reuters) -Exxon Mobil's investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off. In the last four years energy investors have dumped stocks in oil companies that boost capital spending, favoring higher returns over spending on costly, long-term new projects. Its talks to acquire Pioneer Natural Resources, the No. 2 Permian shale oil producer, for $60 billion,...

HOUSTON (Reuters) -Exxon Mobil's investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off. In the last four years energy investors have dumped stocks in oil companies that boost capital spending, favoring higher returns over spending on costly, long-term new projects. Its talks to acquire Pioneer Natural Resources, the No. 2 Permian shale oil producer, for $60 billion,...

Exxon Mobils investors now prefer the company use its share price and financial might to acquire existing oil and gas production rather than spend on drilling that could take years to pay off. In the...