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Business

The freshest Business news the web has to offer.

Carrizo buys Permian land from Devon in $215 million deal

chron.com  -  2 hours ago
Houston-based Carrizo Oil & Gas said it's growing in the booming Permian Basin by paying $215 million to acquire about 10,000 net acres from Oklahoma's Devon Energy.

Oil slides with metals on demand concern while stockpiles rise

chron.com  -  5 hours ago
Oil slid for a third day as copper and other metals tumbled on concern the Turkish crisis will spill over into emerging markets, and as an industry report was said to show a gain in U.S. crude inventories.

Top 4 supermarket chains for sustainable seafood

treehugger.com  -  5 hours ago
Greenpeace's annual survey of national retailers' progress on sustainable seafood reveals the leaders and the losers.

UK inflation rate rises for first time since November

bbc.co.uk  -  6 hours ago
Higher transport costs sent inflation up to 2.5% in July in the first increase since November.

Truckers asleep at the wheel as diesel price shock creeps closer

chron.com  -  6 hours ago
Every time Chuck Paar makes the over 500-mile round trip from his home in Mt. Jewett, Pennsylvania, to Buffalo and Syracuse, New York, his 18-wheel tractor trailer carries 25 tons of sand or cement and burns about $265 of diesel in one day. That's up from as little as $166 for the same route two…

Turkey issues retaliatory tariffs on US imports

bbc.co.uk  -  6 hours ago
Ankara says the rises were ordered after "attacks on the Turkish economy" by the US.


Karma raises $12 million for marketplace that helps restaurants and supermarkets reduce food waste

venturebeat.com  -  8 hours ago
Karma, a marketplace that’s setting out to reduce food waste, has raised $12 million in a series A round of funding led by Swedish investment firm Kinnevik, with participation from Bessemer V…

Buffett’s Berkshire Hathaway increased Apple stake by nearly 5 percent

nypost.com  -  11 hours ago
They don’t call Warren Buffett the Oracle of Omaha for nothing. Buffett-led Berkshire Hathaway increased its stake in Apple by nearly 5 percent during the second quarter, regulatory filings show. W…

Charting MoviePass’ stunning rise and swift downfall

nypost.com  -  13 hours ago
MoviePass honchos Mitch Lowe and Ted Farnsworth are still trying to break the moviegoing business model. So far, though, The Street is about as horrified as actor Macaulay Culkin was in “Home Alone…



Chief executive pay jumps 11% to almost £4m last year

bbc.co.uk  -  15 hours ago
Chartered Institute of Personnel Development Chief executive pay rose much faster than for the wider workforce in 2017, a report has claimed.


Instagram is investigating user reports of hacked accounts

venturebeat.com  -  18 hours ago
Over the past week, there’s been an uptick in users reporting on Reddit and Twitter that their Instagram accounts have been hacked, with the contact information associated with the account be…

Diamondback buys Energen for $8.4B in big Permian consolidation

chron.com  -  18 hours ago
Midland oil producer Diamondback Energy said it will pay about $8.4 billion to scoop up a rival as the industry consolidation unfolds in West Texas Permian Basin.

Rail fares: Grayling urges inflation change to slow rises

bbc.co.uk  -  19 hours ago
Chris Grayling asks the industry to use a lower inflation measure for future fare and wage increases.

Perry Ellis ends buyout talks with Randa

nypost.com  -  19 hours ago
Money isn’t everything to Perry Ellis. The Miami-based apparel maker said Tuesday that it ended talks with Randa Accessories, which was trying to take it private at $28.90 a share — beating an offe…

SEC bans energy investor from public boards over ICO flap

nypost.com  -  21 hours ago
Federal regulators barred an energy investor from serving on public companies’ boards on Monday after he pushed an initial coin offering that misled investors. The Securities and Exchange Commissio…

VentureBeat is looking for a Director of Events Content

venturebeat.com  -  21 hours ago
VentureBeat is seeking a Director of Events Content to report directly to the CEO. The role will oversee speaker recruitment for VentureBeat’s portfolio of events (Transform, VB Summit, Games…

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