Chevron Acquires Hess for $53B; UAW Leader's Strike Tactics Questioned; Off-Duty Pilot Accused of In-Flight Engine Tampering

Oil prices surge as Chevron acquires Hess for $53B, Off-duty pilot accused in midflight engine tampering leads to his arrest facing attempted murder, while contentious UAW strike tactics questioned as nearly 41,000 workers continue picketing against automakers.

• Chevron purchases Hess Corp. for $53 billion, adding a major oil field in Guyana and shale fields in North Dakota to its portfolio amidst soaring energy prices. This is the second major acquisition in the energy sector this month, following Exxon Mobil's $60 billion purchase of Pioneer Natural Resources.
• United Auto Workers (UAW) leader, Shawn Fain, faces scrutiny over his aggressive strike tactics, as analysts and striking workers question his strategy to end the 5-week-old strikes against Detroit's automakers. 41,000 UAW workers are currently on strike demanding better pay and benefits.
• An off-duty pilot named Joseph David Emerson arrested on charges of attempted murder and endangering an aircraft after trying to shut down the engines midflight of a Horizon Air passenger jet. The accused is being held on 83 counts each of attempted murder and reckless endangerment.
• The Department of Justice is expanding its investigations into Tesla, beyond the EV maker’s partially automated driving systems, with subpoenas issued for information related to “personal benefits, related parties, vehicle range and personnel decisions”, possibly investigating CEO, Elon Musk.
• The U.S. Environmental Protection Agency proposes a ban on the cancer-causing chemical trichloroethylene (TCE), used in a variety of consumer products including automotive care items. The move comes after findings show TCE can cause liver and kidney cancer, non-Hodgkin’s lymphoma, and damage to the central nervous system.

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