Some 500 Wayfair employees signed a letter asking the furniture giant to end business with a government contractor that operates shelters for migrant children. Source: NYT > Business – Kate Taylor
Which States Will Be Hit Hardest by Trump’s Tariffs on Mexico
Tariffs on Mexican imports will ripple across the United States and could cause significant pain for consumers and businesses, even those far from the southwestern border. Source: NYT > Business – Karl Russell and Ana Swanson
Deep in the Muslim Heart of Texas, a Farm Family Provides Halal Meat
A Houston-area couple is trying to offer a smaller-scale, more humane alternative to conventional slaughterhouses. Source: NYT > Business – Priya Krishna
Chevron Drops $33 Billion Bid for Anadarko, Ceding Key Oil Asset to Occidental
By walking away from a bidding war for a significant chunk of the lucrative Permian Basin, the energy giant put a much small rival in position to dominate the largest oil field in the United States. Source: NYT > Business – CLIFFORD KRAUSS
Anadarko Says It Now Favors Occidental Bid Over Chevron
Occidental and Chevron are competing to acquire Anadarko and its holdings in the Permian Basin. Chevron will now have four days to improve its bid. Source: NYT > Business – CLIFFORD KRAUSS
Qatar and Exxon Mobil Plan $10 Billion Gas Investment in Texas
The move would give Qatar better access to Latin American markets and strengthen its relationship with the Trump administration two years into a dispute with Saudi Arabia. Source: NYT > Business