Articles written by Lekha Gupta - Benzinga

Chevron Prioritizes Gas Sales Over LNG Plant Investment: Report

Chevron reportedly will not invest in US LNG plant, but plans selling gas directly. Chevron plans to effectively monetize its U.S. gas without converting it to LNG, reported Reuters, citing a company executive.

US Department Of Energy To Invest $3B in Battery Production

DOE announces $3 billion for 25 battery projects, supporting clean energy strategy & creating 8,000 construction jobs and 4,000 operating jobs.

JP Morgan Targets UK With Fresh Credit Card Offering: Report

JPMorgan reportedly starts testing new UK credit card, expanding offerings to UK consumers. Discussions with Apple to take over its credit-card program.

Microsoft Taps Constellation For 20-Year Carbon-Free Power – 3,400 Jobs Coming To Pennsylvania

Constellation Energy signs 20-year power purchase agreement with Microsoft to restart Three Mile Island Unit 1, support carbon-free energy goals. CEG plans to restart TMI Unit 1, which was shut down for economic reasons exactly five years ago today.

Why Is Battalion Oil Stock Jumping Premarket Friday?

Fury Resources amends deal to acquire Battalion Oil Corporation for $7.00 per share in cash, with capital commitments and strong institutional support. Expected to close in Q4 2024.

Holiday Opportunity: Macy's Plans To Hire 31,500 Seasonal Workers

Macy's, Inc. is hiring 31,500 seasonal positions for the holiday season at its stores and distribution centers. Quick online application process available.

ConocoPhillips, Uniper Ink 10-Year Gas Supply Deal

ConocoPhillips extends partnership with Uniper to supply 10 billion cubic meters of gas to Europe over next 10 years, promoting energy security and transitioning to greener options.

Rogers Communications Pays $3.46B for Majority Stake In Maple Leaf Sports & Entertainment

Rogers Communications to acquire Bell's stake in Maple Leaf Sports & Entertainment, expanding their sports portfolio and aiming to bring championships to Canada.

Builders FirstSource Taps CFO Peter Jackson For Top Role As CEO Dave Rush Plans Retirement

Builders FirstSource, Inc. appoints Peter Jackson as President and CEO, effective November 6, 2024. Current CFO Pete Beckmann will become CFO. CEO Dave Rush will retire after 25 years and remain on board as special advisor.

What's Going On With Hawaiian Electric Shares On Thursday?

Hawaiian Electric Industries is issuing shares worth $250M through agents like Wells Fargo and Barclays.

Corning's Springboard Plan Set To Skyrocket Profits By 2026: AI And Price Hikes Drive Growth

Corning provided updates to its 'Springboard' plan to add $3B+ in sales, 20% operating margin by 2026. Optical Communications division shows positive momentum.

Rezolve AI Set To Ride The AI Wave - What's Going On?

Rezolve AI welcomes Microsoft and BlackRock's $30 billion investment in AI infrastructure, positioning them to lead the commerce sector.

Chevron Takes Steps To Reduce Methane Emissions From LNG Carriers

Chevron Shipping partners with Wärtsilä to convert LNG carriers to spark gas operation, reducing methane emissions and supporting carbon reduction goals.

Plug Power Fuels Sales Boom With $150M+ Equipment Leasing Strategy - What's The Benefit?

Plug Power launches equipment leasing platform, aims to raise $150 million for growth. GTL Leasing invests $44 million in hydrogen transport and storage equipment.

T-Mobile Surpasses 2021 Capital Markets Day Goals, Sets New Ambitions, Boosts Dividend & More

T-Mobile unveils 3-year plan for growth, AI partnerships, and dividend increase. Aims for $75B-76B in service revenue and 5G broadband expansion.

Signing Day Sports And Swifty Global Join Forces In All-Equity Deal - What's On The Cards?

Signing Day Sports signed a binding term sheet to acquire 95-99% of Swifty Global. Both companies plan to raise $2 million. Post-transaction, Signing Day Sports' legacy shareholders will hold 8.24% of the company, with the remaining 91.76% going to the sellers and other Swifty stockholders.

What's Going On With XPeng Shares Premarket Thursday?

XPeng will showcase its latest technologies and solutions at Paris Motor Show 2024, highlighting its vision for AI-driven driving experiences in Europe.

Why Is Plug Power Stock Surging Premarket On Thursday?

Plug Power Inc. secures 25MW order for PEM electrolyzers from BP and Iberdrola's Castellón refinery project in Spain, expected to reduce CO2 emissions by 23,000 tons annually.

TotalEnergies Extends LNG Deal With CNOOC

TotalEnergies extends sales agreement with CNOOC for 5 years, secures long-term LNG sales in China and Turkey, and invests in renewable energy.

Victoria's Secret New Leadership Is Steering Brand Back To Core Values, Analyst Upgrades Stock

Barclays analyst upgrades Victoria's Secret to Equal Weight and raises price target to $25. Expects recovery and positive sales growth in the future.