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The Latest Breaking News from Standard Oil

How oil turned the motors of capitalism: a history

The vulnerability of the world economy to oil prices was painfully visible in the first half of 2026 following the US and Israel war against Iran. The power of this commodity to upend economies has been apparent before. In his recently published book Crude Capitalism: Oil, Corporate Power, and the…

The Conversation

US Supreme Court opens the courthouse door to lawsuits tied to Cuba’s property seizures 6 decades after the fact

Cuba’s economy is collapsing, and its government assets in the United States remain largely frozen. But U.S. corporations have a right to seek compensation from assets the Cuban government seized from American companies more than six decades ago, the U.S. Supreme Court ruled on June 23, 2026.

The Conversation

Elon Musk becomes world's first trillionaire. But who were history's first billionaire and millionaire?

Elon Musk has become the world's first trillionaire, a milestone echoing past fascinations with John D. Rockefeller, the first billionaire, and John Jacob Astor, the first millionaire. Musk's wealth, driven by SpaceX's IPO, has reignited debates on wealth inequality, with figures like Senator Warren highlighting the vast disparity. Historians note…

The Times of India

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Quote of the day by John D Rockefeller: 'If you want to succeed you should strike out on new paths, rather than...' Life lessons on success, hard work and human nature by American industrialist and philanthropist

Quote of the day by John D Rockefeller talks about taking new paths to achieve success instead of following accepted methods. The quote explains the importance of innovation, hard work, independent thinking and risk-taking. John D. Rockefeller used different business methods to build Standard Oil and later became one of…

The Economic Times

Customers say Pepsi and Walmart schemed to raise prices at every store except the big box retailer

The lawsuit alleges that PepsiCo and Walmart suppressed competition and distorted prices for consumers by leveraging their dominant market positions and forcing rival retailers to pay higher wholesale prices while keeping Walmart’s own costs low

The Independent UK

Critical minerals processing will be the equivalent of 19th-century oil refineries—at a Rockefeller moment

Amid the race to secure mineral deposits—including in Ukraine and Greenland—the smartest players see a different opportunity.

Fortune

Abolish Antitrust Law

Having a large market share may just mean that a company is really good at what it does.

Reason

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We’re fast approaching the era of the trillionaire. What can we do to stop it?

In the fight for a balanced economy and healthier democracy, the increasing power of the ultra-rich is a calamity we cannot afford, says the writer Atossa Araxia Abrahamian

The Guardian - UK

The best 1920s logos - 9 iconic designs from the Roaring Twenties

Branding experts select the best 1920s logos.

Creative Bloq

You Need to Play This Ultra-Rare Zelda Knockoff on Nintendo Switch Online ASAP

Back in the early '90s, Sega wanted its own 'Link to the Past' for the Genesis. This obscure RPG gem didn't quite hit the mark, but it has loads of heart all the same.

Inverse

Stock Wars: Chevron Vs. ExxonMobil

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

Movie review: 'I'm Charlie Walker' should have been documentary instead

It’s never a good thing when the postscript to a film based on a true story is more interesting than the actual movie itself. This is unfortunately the case with Patrick Gilles’ “I’m Charlie Walker,” a biopic about an enterprising Black trucker who won a lucrative contract to help clean…

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