Articles
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1 week ago |
benzinga.com | Akanksha Bakshi
ExxonMobil Corp. XOM said on Wednesday it has entered exclusive negotiations to sell its controlling interest in Esso SAF to North Atlantic France SAS, signaling a significant realignment of its business in France. The deal would transfer ExxonMobil’s 82.89% stake in the company and is expected to close by the end of 2025. The proposed transaction also includes ExxonMobil’s holdings in ExxonMobil Chemical France SAS.
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1 week ago |
benzinga.com | Akanksha Bakshi
Gevo Inc. GEVO reported on Wednesday that it has agreed to sell its ethanol subsidiary, Agri-Energy LLC, to A.E. Innovation LLC for $7 million. The deal includes Gevo’s idle 18-million-gallon-per-year ethanol plant in Luverne, Minnesota, which has been offline since 2022. Gevo will retain key isobutanol assets and a portion of the site for future use, enabling the potential production of up to 1 million gallons annually of isobutanol, convertible into specialty chemicals or renewable jet fuel.
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1 week ago |
it.benzinga.com | Akanksha Bakshi
L’adozione di Bitcoin da parte della società riflette una tendenza aziendale più ampia, con aziende come Strategy (NASDAQ:MSTR), Tesla (NASDAQ:TSLA), Block Inc. (NYSE:XYZ) e Semler Scientific (NASDAQ:SMLR) che stanno anch’esse integrando asset digitali nelle proprie tesorerie come strumento di diversificazione e copertura contro la volatilità del mercato tradizionale.
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1 week ago |
benzinga.com | Akanksha Bakshi
GameStop Corp. GME shares surged Wednesday in premarket trading after the company announced the purchase of 4,710 Bitcoins BTC/USD, marking a significant step in its pivot toward digital assets. This acquisition follows GameStop’s earlier decision to adopt Bitcoin as a treasury reserve asset, a move confirmed during its fourth-quarter earnings release. As of May 27, 2025, the leading cryptocurrency briefly surged above $110,000 before retreating to the $108,000 range overnight.
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1 week ago |
benzinga.com | Akanksha Bakshi
Ford Motor Co. F is recalling over 1 million U.S. vehicles due to a software issue that may prevent rearview camera images from displaying properly, raising crash risks, according to federal regulators. Reuters reported that the recall affects 1,075,299 vehicles across various models from 2021 to 2025, including the Bronco, F-150, Edge, Escape, Corsair, Mustang Mach-E, and several F-Series, Transit, and Lincoln models.
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