Latest News Updates From Michelle Chapman

BusinessLogistics

Public Storage Says It Will Buy National Storage Affiliates

Public Storage said March 16 that it will buy National Storage Affiliates in an all-stock deal worth about $10.5 billion, creating a company with 327 million square feet of storage at聽4,600 locations.

March 16, 2026
GovernmentBusinessLogisticsFor-Hire

FedEx Seeks Refund After Supreme Court Rejects Trump Tariffs

FedEx said in a filing that it has suffered injury from having to pay the tariffs and that the relief it's seeking from the court would redress those injuries.

February 24, 2026
GovernmentBusinessFuel

Oil Stocks Sharply Higher After US Action in Venezuela

While the U.S. action is unlikely to have an immediate impact on crude prices given the current glut in the market, it could upend energy markets and have an impact on the geopolitical landscape.

January 5, 2026
BusinessPrivate

91视频 Depot Lowers Forecast on Weak Housing Market

91视频 Depot's third quarter was mixed with fewer violent storms reaching shore, more anxiety among U.S. consumers and a housing market that is in a deep funk.

November 18, 2025
GovernmentBusinessTechnology

GM to Take $1.6B Hit as Tax Incentives for EVs Are Slashed

GM warned that it may take additional hits as it adjusts production, with non-cash charges potentially impacting operations and cash flow in the future.

October 14, 2025
BusinessPrivate

Lowe鈥檚 to Buy Foundation Building Materials for $8.8 Billion

Lowe's and rival 91视频 Depot have intensified their focus on professional builders.

August 20, 2025
BusinessPrivate

91视频 Depot鈥檚 Sales Improve as Customers Choose Small Projects

Sales at stores open at least a year, a key indicator of a retailer鈥檚 health, rose 1%. In the U.S., comparable store sales increased 1.4%.

August 19, 2025
GovernmentBusinessTechnology

Tesla Awards Musk Shares Valued at $29 Billion

A judge in December reaffirmed an earlier ruling that Tesla must revoke Musk鈥檚 multibillion-dollar pay package.

August 4, 2025
BusinessFuel

Exxon Mobil, Chevron Profits Dip to Lowest Level in 4 Years

Oil prices slumped as OPEC+ ramped up production.

August 1, 2025
GovernmentBusinessFuel

Chevron Gets Approval for $53 Billion Acquisition of Hess

Chevron has scored a critical ruling in Paris that has given it the go-ahead for a $53 billion acquisition of Hess and access to one of the biggest oil finds of the decade.

July 18, 2025

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