Devon Energy CEO: ‘Stars align’ to acquire Coterra for nearly $26 billion as merger mania returns to the oilfield
The combined Devon would carry an enterprise value of $58 billion, including debt. The deal does not include a premium, valuing Coterra at about $21.5 billion, not counting roughly $5…
‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture
Shark Tank investor and millionaire Kevin O’Leary has clear advice for Gen Z founders weighing how to spend their time. But contrary to popular belief, working hard does not mean neglecting…
Kennedy Center to close for 2 years for renovations after a wave of canceled shows due to Trump adding his name to the building
Trump’s announcement on social media follows a wave of cancellations since Trump ousted the previous leadership and added his name to the building. Trump made no mention in his post…
Singapore launches first space agency, joining a Southeast Asian race to tap a fast-growing space sector
Singapore will launch its first national space agency in April to provide “decisive leadership” for the Southeast Asian country to tap an “expanding space economy,” the nation’s government announced on…
Trump’s plan to make housing affordable is faltering
President Donald Trump’s bid to put home ownership in reach for more Americans is sputtering, just weeks after it launched. “We’re not going to destroy the value of their homes so…
This ‘mutually assured destruction’ threat in the $7.3 trillion JGB market helps prevent Japan from triggering a debt crisis — for now
Recent tremors in the $7.3 trillion Japan government bond market have raised fears that a debt crisis is brewing in the world’s fourth largest economy.Japan’s debt is already more than…
Waymo seeking about $16 billion near $110 billion valuation
Waymo, Alphabet Inc.’s autonomous driving unit, is aiming to raise about $16 billion in a financing round that would value the unit at nearly $110 billion, according to people familiar…
Goldman Sachs leads $75 million funding round for Fieldguide, an AI-native accounting and audit platform
Like many of his fellow accountants, Jin Chang tried to quit the industry several times because of the tedium of grunt work. That was until 2020, when he had the…
30 years after the founding of ‘Silicon Alley,’ New York’s tech scene is so big it has no center
“Nobody talks about Silicon Alley anymore; it’s just tech,” said attendee Stephen Messer, who co-founded LinkShare with his sister Heidi in New York in 1996, sold it to Rakuken for…
China’s export-led growth is looking more and more unsustainable while a real estate crash and reeling consumers fuel deflationary spiral
The flood of Chinese exports around the world helped the economy blow past President Donald Trump’s massive tariff hikes, while Beijing touts successes in AI, EVs, robotics and other emerging…
