Exxon Mobil took a significant step toward closing its $60 billion mega-deal to acquire Pioneer Natural Resources after reaching an agreement with the Federal Trade Commission on Wednesday, May 1. Federal antitrust regulators will not block the largest oil and gas deal in two decades after Exxon agreed to exclude former Pioneer Chief Executive Officer Scott Sheffield from…

Officers move in on the campus of UCLA with the Los Angeles Police Department calling the pro-Palestinian encampment an “unlawful gathering.” Arizona lawmakers vote to repeal a Civil War-era abortion ban. These stories and more highlight The Morning Rundown for Thursday, May 2, 2024. Police clash with UCLA protesters, call encampment an ‘unlawful gathering’ Police…

A recent move by Tesla may have made it harder for electric vehicle (EV) drivers to charge their cars, even if they own a model from a different brand. Just weeks after cutting 10% of its global workforce, the automaker announced another round of layoffs. Tesla said it will part ways with with almost the…

The Biden administration announced Wednesday, May 1, that it will be canceling $6.1 billion in student loan debt for 317,000 people. The debt forgiveness targets people who attended the now-defunct for-profit Art Institutes. In a statement President Joe Biden said the Art Institutes “falsified data, knowingly misled students and cheated borrowers into taking on mountains…

Student protesters took over a building on the campus of Columbia University. And four law enforcement officers were killed while serving a warrant in Charlotte, North Carolina. These stories and more highlight The Morning Rundown for Tuesday, April 30, 2024. Student protesters take over Hamilton Hall after Columbia’s deadline passes Student demonstrators at Columbia University…

April marks the month of the 2024 NFL draft, a time to check out the future stars of your favorite teams, escape from the daily grind, and most importantly, break free of politics and ads — except one. Joe Biden’s campaign is running a 20-second ad that shows President Biden smiling with the Kansas City…

A recent poll conducted by The Harris Poll indicated that just over half of Americans endorse the idea of mass deportations of undocumented immigrants. According to the survey results, 51% of Americans, including 42% of Democrats and 68% of Republicans, expressed support for deporting immigrants in large numbers. The poll also highlighted that 30% of…

India already knocked off China as the most populous country in the world. Now, it’s going after China’s title of global growth engine, a crown that economists believe India could claim by 2028. To get there, though, the developing nation will need to address some growing pains. “I think everyone would be making a mistake…

Apple’s iPhone sales are getting crushed in China. Sales of the smartphone dropped 19% in the first three months of 2024, the worst showing since COVID-19 hit. Meanwhile, sales from the Chinese smartphone maker Huawei surged nearly 70%, according to Counterpoint research.  China remains one of the biggest markets for Apple but the company has…

In a 3-2 vote Tuesday, April 23, the Federal Trade Commission voted to ban non-compete agreements nationwide, affecting an estimated 30 million workers. This rule prohibits new non-compete clauses and nullifies existing ones, except for certain high-earning senior executives. “We heard from employees who, because of non-competes, were stuck in abusive workplaces,” FTC Chair Lina Khan said.…