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Daily Oil & Gas and Wall Street Journal News
Theia Energy has entered a land use agreement with the Karajarri Traditional Lands Association enabling the company to move forward with its unconventional oil and gas exploration plans in the onshore Canning basin permit EP 493.
Triangle Energy (Global) Ltd., Perth, has raised $2.2 million (Aus.) through a share placement and intends to raise a further $1 million via a share purchase plan to current shareholders.
Wall Street Journal
WSJ.com: US Business
TikTok Deal Faces Questions Over Security, Ownership An emerging deal to make China?s popular TikTok app a U.S.-based company stands to reshape the social-media landscape, even as questions persisted Sunday over security concerns and ownership of the new company.
China Has Reasons to Like TikTok's Trump-Approved Deal A White House-approved plan to transform TikTok into a U.S.-based company would keep the operation of the viral short-video app, and likely the algorithm that has powered its rise, in Chinese hands. This structure improves the deal?s chances of finding favor in Beijing, which had threatened to veto a sale.
Meat Was Once in Short Supply. Now, It's on Sale. Prices for meat are falling at grocery stores as last spring?s shortages fade and livestock clog farms, benefiting consumers but hurting meatpackers and farmers already hit by Covid-19 disruptions.
CEOs Start to Place Big Bets as Pandemic Grinds On As the coronavirus?s spread continues in the U.S. and abroad, businesses have concluded they?ll coexist with it for some time. So they are reviving stalled operational plans, changing leaders and reissuing financial targets.
Pandemic Threatens to Widen Racial Homeownership Gap The housing market has led the recovery from the pandemic-induced economic downturn as Americans have rushed to buy homes, but some analysts warn it may widen the longstanding gap in homeownership between Black and white Americans.