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BP PLC has reached an agreement to divest a 65% interest in its lubricants subsidiary Castrol to private equity firm Stonepeak for $6 billion, assigning the unit an enterprise value of roughly $10.1 billion. The transaction, announced on Wednesday, advances the British energy company’s multi-year plan to streamline operations and raise cash through asset sales. […]
The trajectory of dividend payments inside the S&P 500 has become a central factor in evaluating future returns for Danaher Corporation (DHR) and its large-capitalization peers. Since 1988, cash distributions from companies in the benchmark index have expanded at an average pace of roughly 6% per year, outpacing long-term U.S. economic growth and underscoring the durability […]
Pope Leo XIV is scheduled to preside over his first Christmas Eve Mass tonight, marking a significant moment in his young papacy. The liturgy will be transmitted worldwide, offering millions of Catholics an opportunity to follow the celebration remotely as churches and households prepare for Christmas Day. The Mass comes two hours after the Vatican […]
Washington imposed visa restrictions on five European figures on Wednesday, citing their alleged efforts to pressure social-media companies into removing content posted by U.S. users. The group includes Thierry Breton, who oversaw the European Union’s Digital Services Act (DSA) as internal market commissioner from 2019 to 2024, and four campaigners involved in anti-disinformation initiatives. Announcing […]
U.S. corn futures began the holiday-shortened week on an upswing, supported by stronger export movement and steady cash market gains. Contracts across the front months ended Monday trading 2 to 3 ¼ cents higher, while the national average cash price also improved. Futures and Cash Market Snapshot The March 2026 corn contract settled at $4.47 per bushel, […]
ABC News Live has added a feel-good feature to its end-of-year programming, releasing a video that follows an Alabama football player bringing Christmas cheer to children in his local community. The segment, titled “Alabama football player brings Christmas joy to local children,” anchors a holiday lineup that blends lighthearted seasonal content with real-time news and […]
Amazon is reassessing its approach to artificial-intelligence shopping agents as the technology begins to alter how consumers search for and buy products online. The company’s response ranges from blocking external bots to developing in-house tools, while simultaneously exploring potential partnerships that could safeguard its dominance in e-commerce. Chief Executive Officer Andy Jassy signaled the shift […]
Cotton contracts finished lower on Monday, extending a cautious tone that has prevailed through much of December trading. Prices slipped between 1 and 14 points across the actively traded months, with the March 2026 contract settling at 63.61 cents per pound, down 14 points. May 2026 ended at 64.78 cents, a 6-point decline, while July […]
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LOS ANGELES — A powerful atmospheric river is forecast to drench Southern California from late Tuesday, Dec. 23, through Thursday evening, placing millions of residents under heightened flood alerts during the Christmas holiday. The National Weather Service (NWS) has issued a rare Level 4 “High Risk” for excessive rainfall on Wednesday across portions of Santa […]
Gold and silver prices notched fresh all-time highs for a second consecutive session, underscoring investors’ persistent demand for perceived safe-haven assets as doubts grow over equity valuations and future U.S. monetary leadership. On Tuesday, February gold futures settled 0.8% higher at $4,505.70 per ounce after touching an intraday peak of $4,530.80. Spot gold followed a […]
Boise, Idaho – Micron Technology Inc., the largest U.S. producer of memory chips, continues to attract analyst scrutiny amid shifting expectations for global demand in DRAM, NOR and NAND products. The company supplies components used in computing, communications, consumer and industrial equipment, and also services wireless and embedded applications. Recent research updates highlight the firm’s […]