“Walmart Battles Capital One: A Dramatic Attempt to Sever Ties in Credit-Card Alliance – WSJ”
Walmart Inc. WMT is suing credit-card issuer Capital One Financial Corp. COF to dissolve their long-standing credit-card partnership. Walmart alleges that Capital One violated their contractual terms by not promptly attending to customer needs, such as issuing replacement cards and posting transactions to consumer accounts. In response, Capital One maintains that the contention points are […]
Exclusive: Exxon and Pioneer Natural in Exciting Talks for a Groundbreaking Deal – WSJ
Exxon Mobil has reportedly been involved in informal discussions on a potential acquisition of Pioneer Natural Resources. According to anonymous sources, Exxon sees Pioneer as a top target, as it explores options for investing its cash, with any deal not likely to occur until later this year or next year.