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Israel launched a new round of airstrikes on the southern Lebanese town of Almansouri.

2026-08-15

Israel launched a new round of airstrikes on the southern Lebanese town of Almansouri.

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2026-08-15

According to the Wall Street Journal: Payment giant Stripe is in talks with private equity firm Advent to acquire PayPal.

According to the Wall Street Journal: Payment giant Stripe is in talks with private equity firm Advent to acquire PayPal.
2026-08-14

U.S. oil companies are trimming domestic shale capital spending and redirecting windfall from high oil prices into shareholder returns and debt repayment rather than accelerating production. Company filings show Chevron and ConocoPhillips cut U.S. 48

U.S. oil companies are trimming domestic shale capital spending and redirecting windfall from high oil prices into shareholder returns and debt repayment rather than accelerating production. Company filings show Chevron and ConocoPhillips cut U.S. 48-state capex by about 10% in H1, while Occidental cut Permian spending roughly 20% over the same period; APA, Matador Resources and HighPeak Energy expect drilling and fracking spend materially below year-ago levels. Firms say gains in drilling and completion productivity mean more oil per dollar, so lower capex does not automatically translate into lower volumes as operators sustain or grow output via efficiency. The shift is weighing on U.S. crude supply growth and is drawing political pressure as Trump critics refiners and producers for not cutting retail gasoline prices faster.
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