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Today in the Fortune 500: Amazon grows at the cost of profit, Russian oil...
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business. By...
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Today in the Fortune 500: Noble Energy gets first deepwater drilling permit...
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business. By...
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Today in the Fortune 500: Exxon focuses on oil, do or die for Blockbuster and...
The Fortune 500 comes out just once a year, but the companies on it make headlines every day. Here then are today's highlights of news and happenings coming from the biggest names in business. By...
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Big Oil's Alaska problem
The industry got a coveted tax cut from the state, but did it overreach?
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Kinder Morgan: a window onto private equity
I have an article in the current issue of Fortune (the full text is here) about the $15.2-billion deal to take private Kinder Morgan Inc., (KMI) a natural-gas pipeline company in Houston. We put it...
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Kinder Morgan gets the go-ahead
The California Public Utilities Comission today issued an order that allows the $15.2 billion management buyout of pipeline operator Kinder Morgan (KMI) to proceed. Kinder Morgan didn’t get everything...
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How Iraq’s ISIS crisis could lead to a Kurdish oil boom
While violence explodes in Iraq between the brutal al-Qaeda-type Sunni Islamists and the Shiite-led government, there are five million Iraqis for which the unfolding disaster looks set to bring big...
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China’s Iraq Oil Problem
The new Iraqi embassy in central Beijing makes the rest of the nearby foreign outposts look rather dull by comparison. The building’s façade is a replica of the Ishtar Gate to Babylon, a gleaming blue...
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Exxon’s big bet on shale gas
America’s most profitable company now produces about as much natural gas as it does oil. CEO Rex Tillerson thinks the fracking party has just begun. Drill pipe ready for use on a rig at Exxons Johnson...
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As Halliburton grabs Baker Hughes, here are 4 other big energy deals
Halliburton HAL said Monday it will acquire rival Baker Hughes BHI for $34.6 billion in a deal with huge implications for an industry pressured by plunging oil prices. The merger will allow the...
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Apple: the first $700 billion company
Apple has become the first U.S. company with a market value above $700 billion, adding to an already long list of achievements for the electronics titan. The company’s shares rose nearly 2% to $122.02...
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Fortune 500’s ultimate reunion: The top CEOs of 1995
At first glance, the top of the 1995 Fortune 500 looks awfully familiar. Just like 20 years ago, the top 10 companies in this year’s Fortune 500 include Ford Motor F , General Electric GE , General...
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These companies have made every Fortune 500 list for 61 years
Allow us to introduce the Honorable 57. That’s how many companies have achieved the impressive feat of making the Fortune 500 every year since the list’s inception in 1955. These businesses have...
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Same-sex marriage: How Walmart became one of the biggest corporate supporters
As the public awaits the U.S. Supreme Court's highly anticipated same-sex marriage decision in Obergefell v. Hodges, Fortune 500 companies with LGBT-inclusive employment practices have already begun to...
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Exxon Is Starting to Feel the Heat Over Climate Change
In the run-up to the Paris climate talks, which continue through Dec. 11, energy giant ExxonMobil began to face some serious heat of its own. The fossil fuel behemoth, which is No. 2 on the Fortune...
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Can the Fossil Fuel Industry Survive a Climate Change Agreement?
As the Paris climate meeting winds down, the talks have boiled down to two big questions: How fast can greenhouse emissions be reduced? And can the energy business change quickly enough to meet global...
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Exxon’s Common Core Crack-Up
When the CEO of ExxonMobil XOM advocates what critics call a "socialist agenda," you know something is seriously amiss in American politics. In truth, Rex Tillerson is probably the most unreconstructed...
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Exxon Shows The Benefits of Being Big in a World of Low Oil Prices
ExxonMobil is proving that being an integrated energy company might not be such a bad idea after all. The giant oil and gas company reported dismal earnings on Tuesday, down 53% from the same time last...
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Big Investors Want Exxon to Explain How It Will Face Climate Change Policy
Institutions managing $6 trillion in assets plan to back a call for U.S. oil major ExxonMobil to disclose the impact of climate change policy on its business, one of the organizers of the vote said on...
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Why ExxonMobil Has Launched a $2.2 Billion Bidding War for InterOil
ExxonMobil has made a bid worth at least $2.2 billion for InterOil and its stake in a rich Papua New Guinea gas field, winning the support of its target and topping an offer from Australia’s Oil...
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