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International Business

Visa to pay $5.3 billion to acquire Plaid

Visa Inc. has signed a definitive agreement to acquire Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives. Visa will pay total purchase consideration of $5.3 billion to acquire Plaid.

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BMW Recalls More Than 250,000 Vehicles Built Since 2018

—-Backup camera display to be changed, so that it doesn’t display when car is in Reverse BMW is issuing a wide recall on recent models because the display settings can be changed so that the rear camera view is turned off when the car is in Reverse. Additionally, the system will retain those settings the next time the vehicle is …

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USA now world’s biggest crude oil producer

The United States is now the world’s biggest crude oil producer, pushing Russia and Saudi Arabia to the back seat.   In the week ending November, the U.S. crude production hit a whopping 11.6 million bpd, according to Energy Information Administration (EIA) data released on Wednesday. That’s a threefold increase from the U.S. low reached a decade ago, and a …

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