BUSINESS

European Markets Down, Asian Markets Sluggish And Other Business News
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The pan-European Stoxx 600 fell 0.3% in Monday morning trading as travel and leisure stocks took the hardest hit with new fears of Covid…
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El Salvador Adopts Bitcoin As Legal Tender
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El Salvador has become the first country to make Bitcoin legal tender after a majority of lawmakers approved the request from El…
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U.S. Oil Drillers Add 106 Rigs This Year, A Sign of An Improving Economy
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As oil comes near $70 barrel drillers have added 106 rigs this year with the majority in Texas.  The total number of oil and gas…
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AT&T Announces Merger Of WarnerMedia And Discovery
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Dallas based AT&T has announced a deal to merge WarnerMedia which includes popular media channels such as CNN and HBO with Discovery…
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Shell Makes Large Oil Deposit Discovery At Leopard Prospect In Gulf Of Mexico
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Oil Major Shell has discovered a large oil deposit in the Leopard area with over 600 feet of net oil throughout multiple levels.  The…
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Head of America’s Largest Bank Say Commuting To Offices Will Return
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The Chairman and CEO of JPMorganChase, Jaime Dimon, said in recently press statements that he is fed up with Zoom calls and that the…
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Shell Plans To Sell Its Puget Sound Refinery For $350 Million
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Royal Dutch Shell PLC has agreed to sell its Puget Sound Refinery in Washington state for $350 million to HollyFrontier Corp as it…
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Verizon Agrees To Sells AOL And Yahoo For $5 Billion
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After failing to remake Yahoo and AOL into media giants to compete against Google and Facebook, Verizon has agreed to sell both for just…
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Apple Fighting In Court To Block Testimony About App Store Revenue
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Apple is in a legal fight with Epic Games in which the game maker says Apple’s 30% commission on app sales is a violation of antitrust…
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Shell Sees Fuel Demand Recovery, Raises Dividend Again
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For the second time in six months, Royal Dutch Shell has raised their dividend it pays out, this time by 4% as earning beat expectations…
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