The Treasury Department on Saturday said it would allow Chevron to resume pumping oil from Venezuela oil fields.
Why it matters: The license, granted by the Treasury Department, would allow the California-based oil company to pump Venezuelan oil for the first time in years in joint ventures with Venezuela's national oil company Petróleos de Venezuela (PdVSA.)
A record $9.12 billion was spent online for Black Friday, with electronics driving much of the growth compared to last year, according to new Adobe Analytics data.
Why it matters: These record-breaking sales happened amid rising concerns about inflation and the cost of living.
Twitter will "tentatively" roll out a new verification service on Dec. 2, Elon Musk tweeted Friday, the latest revision to his checkmark system plans as the new owner of the social media platform.
Driving the news: The service will feature different colored "verified" checkmarks for different types of accounts, per Musk, which he's previously suggested.
A shooting at a Walmart store in Chesapeake, Virginia on Tuesday night left six people dead and four people injured, Chesapeake Police said Wednesday.
The latest: The suspected shooter in the attack purchased a pistol on the morning of the mass shooting and left a note on his phone that outlined his plan to target some of his colleagues, according to city officials.
The Black Friday chaos we used to see in storefronts and shopping malls has moved to logistics centers and warehouses all over the world:
Hundreds of thousands of employees work long hours — often in tough conditions — to get through the holiday rush.
The big picture: E-commerce's growing share of the retail market, continued COVID precautions and an extended holiday shopping season means we might see shorter lines and smaller crowds in stores on Black Friday.
Why it matters: Disney's latest Marvel movie is not only a box office juggernaut, but also represents the Marvel Cinematic Universe's shift toward reflecting the diversity of the real world.
Elon Musk announced Thursday a "general amnesty" for suspended Twitter accounts from next week, "provided that they have not broken the law" or engaged in "egregious spam."
Why it matters: Online monitoring groups have reported a rise in racism, anti-Semitism and other hate speech on Twitter since free speech advocate Musk completed his $44 billion acquisition of the social media company last month, though the billionaire said Thursday it has declined.
