Chevron Cuts Almost 800 from Workforce in Permian
Chevron is laying off some 800 employees at three Midland, Texas, facilities in the Permian Basin, effective July 15, according to documents filed with the Texas Workforce Commission (TWC).
Reuters reported in February that the supermajor would reduce its global workforce by up to 20%—about 8,000 people—as part of an effort to cut costs, simplify its business and complete a major acquisition.
Houston-based Chevron has faced production challenges including cost overruns and delays in a large Kazakhstan oilfield project. Its $53-billion deal to acquire oil producer Hess and gain a foothold in Guyana's lucrative oilfield is in limbo while a protracted court battle with rival Exxon Mobil plays out.
A consolidation trend that swept the upstream space through the end of 2024 has resulted in several large layoff announcements in Texas. In October, Marathon Oil advised the TWC of its plan to cut more than 500 jobs once its merger with ConocoPhillips closes.
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Associated Press
2 hours ago
- Associated Press
9 Best Silver IRA Companies for 2025 Revealed by SilverIRAs.com
GoldenCrest Metals earns top honors for transparency, low fees, and exceptional customer service in 2025 rankings. 'With more Americans seeking alternatives to volatile markets and overleveraged assets, this list spotlights the dealers who are truly putting retirement savers first.'— Steve Walton HOUSTON, TX, UNITED STATES, June 23, 2025 / / -- As inflation, debt, and global unrest continue to shake investor confidence, more Americans are turning to silver and gold IRAs to protect their wealth and diversify their retirement portfolios. In response to this growing demand, has just released its annual report: 'Best Silver IRA Companies for 2025' — a comprehensive guide to the most trusted dealers in the industry. The newly published rankings evaluate top firms across critical categories such as customer satisfaction, transparency, pricing, educational support, and promotional offers. The report is designed to help retirement savers make smarter, safer decisions when purchasing physical silver, gold, platinum, and palladium through a self-directed IRA. 'The Silver IRA space has evolved dramatically in recent years,' said Steve Walton, senior editor at 'With more Americans seeking alternatives to volatile markets and overleveraged assets, this list spotlights the dealers who are truly putting retirement savers first.' Top-Ranked: GoldenCrest Metals Takes the #1 Spot for 2025 At the top of the list is GoldenCrest Metals, awarded Best Overall Silver IRA Company for its focus on transparency, fair pricing, and outstanding customer service. The Calabasas-based firm has quickly gained national attention for its streamlined process, flat-fee pricing, and robust educational support — making it a standout for both beginners and experienced buyers. Notable features include: * $10,000 IRA minimum * Up to 5 years of free storage * Partnership with Entrust Group and Delaware Depository * Transparent premiums and low-pressure consultations * Endorsements from Michael Savage, Gregg Jarrett, Joe Pags, and other conservative voices Other 2025 Standouts Include: Birch Gold Group – Best for Customer Service. Known for its dedicated account reps and patient guidance, Birch remains a top choice for first-time buyers. Goldco – Best for Reputation. Backed by over a decade of service and celebrity endorsements, Goldco maintains high ratings and a streamlined rollover process. Colonial Metals Group – Best for Metal Selection. With a wide inventory of gold, silver, platinum, and palladium products, Colonial serves buyers looking for flexibility and choice. Noble Gold Investments – Best for Bullion Buyers. With IRA minimums starting around $2,000 and competitively priced bullion, Noble is ideal for budget-conscious savers. Lear Capital – Best for Online Resources. Lear offers real-time pricing tools, calculators, and an ecommerce store — perfect for online buyers. Augusta Precious Metals – Best for Education. Offering one-on-one web conferences and Harvard-led educational training, Augusta leads in transparency and teaching. Preserve Gold – Best for Promotions. Known for aggressive offers like free silver, storage waivers, and rapid setup, Preserve Gold is popular with value-seekers. American Hartford Gold – Best for Brand Recognition. With a strong media presence and brand visibility with celebrities like Bill O'Reilly, American Hartford remains a household name among conservative shoppers. Read the full report: What Makes a Great Silver IRA Company? Not all Silver IRA providers are created equal — and choosing the right one can significantly impact your long-term retirement success. According to the 2025 guide from the most trusted firms demonstrate a clear commitment to transparency, integrity, and customer care. One of the most important hallmarks of a great Silver IRA company is a transparent fee structure. Top-rated dealers clearly disclose all costs upfront — including account setup fees, storage charges, and metal premiums — without hiding markups in complex or misleading terms. Additionally, reputable firms work with well-established custodians and IRS-approved depositories to ensure your metals are held securely and in compliance with federal regulations. These custodians are responsible for maintaining the integrity of your account, providing annual reporting, and safeguarding your assets in insured, climate-controlled storage facilities. Another key factor is whether the company offers a reliable buyback program. This allows customers to sell their metals back to the firm quickly and at fair market value — providing much-needed liquidity when it matters most. A strong buyback commitment is a sign of a company that stands behind its products and values long-term relationships over one-time sales. The guide also highlights the importance of third-party reviews. Companies with consistent five-star ratings on platforms like Trustpilot, the Better Business Bureau (BBB), and Consumer Affairs have generally demonstrated a track record of reliability, responsiveness, and customer satisfaction. These reviews offer valuable insight into real-world customer experiences that go beyond what advertising can reveal. It's important to remember that any company serving thousands of customers nationwide is bound to receive an occasional negative review. However, what matters most are the patterns. If you consistently see complaints about high premiums, misleading pricing, or aggressive sales tactics, those recurring themes may signal deeper issues. Look for red flags in the form of repeated concerns — not just isolated incidents. Finally, great Silver IRA firms provide educational support without high-pressure tactics. Especially for first-time buyers, it's essential to work with a company that invests in your understanding — not just your wallet. Top providers like Birch Gold, Noble Gold, and GoldenCrest Metals offer free information kits, one-on-one consultations, and a no-pressure approach that helps you make informed, confident decisions about your financial future. A Timely Resource for Retirement Savers The report includes a full breakdown of Gold & Silver IRA tax rules, expected fees, tips to avoid scams, and guidance on how to compare dealers. It also answers frequent questions about rollovers, IRS-approved metals, and tax implications. Retirement savers can download the full guide, access detailed reviews, and request free Gold & Silver IRA kits from top-ranked providers directly at: About is a conservative news and finance website dedicated to helping Americans safeguard their retirement through precious metals. As both a trusted financial resource and conservative-leaning publisher, delivers timely market insights, in-depth company reviews, and step-by-step guides on silver and gold IRAs. The site is committed to empowering retirement savers with clear, bias-free information that aligns with traditional American values — including financial independence, hard asset ownership, and long-term wealth preservation. Gold IRA Secrets +1 202-930-5326 email us here Visit us on social media: Facebook X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Yahoo
2 hours ago
- Yahoo
With Kevin Durant in fold, Rockets' odds surge for 2026 NBA Finals
The Phoenix Suns have agreed to trade superstar forward Kevin Durant to the Houston Rockets for Dillon Brooks, Jalen Green, the No. 10 overall pick in the 2025 draft, and five second-round picks, ESPN's Shams Charania reported Sunday. Due to the inclusion of Green, the deal cannot be finalized until July, since it requires waiting until his elevated 2025-26 salary is on the books. Advertisement A 6-foot-11 forward, Durant averaged 26.6 points (52.7% FG, 43.0% on 3-pointers), 6.0 rebounds, and 4.2 assists per game last season, and he earned All-Star honors for the 15th time in his Hall of Fame career. The former NBA Most Valuable Player (MVP) turns 37 years old in September, and his current contract runs through next season. The Rockets are coming off a 52-30 season and a No. 2 finish in the Western Conference, and their hope is that the addition of Durant will launch them into title contention next season. So, how much will that acquisition mean? According to ESPN BET, the Rockets surged from +1800 in 2025-26 championship odds prior to Sunday's trade to +850 after it. That +850 is second in the entire league, trailing only Oklahoma City. The Thunder, of course, had the league's best record (68-14) in 2024-25 and won the West. Prior to the deal, Houston ranked between No. 7 and No. 9 in 2026 NBA Finals championship odds, depending on the betting service. Advertisement So, as far as the betting community views things, this deal was extremely significant to the Rockets and their short-term chances. More: Podcast: Live reaction to Rockets trading for Suns star Kevin Durant This article originally appeared on Rockets Wire: With Kevin Durant in fold, Rockets' odds skyrocket for 2026 NBA Finals
Politico
3 hours ago
- Politico
Magistrate judge rejects Trump admin bid to jail Kilmar Abrego Garcia ahead of trial
Kilmar Abrego Garcia, the Salvadoran man whose illegal deportation became a high-profile symbol of President Donald Trump's aggressive immigration-enforcement policies, may not be held in jail pending trial on immigrant smuggling charges he was abruptly returned to the U.S. to face earlier this month, a federal magistrate judge ruled Sunday. Despite the decision by Nashville-based U.S. Magistrate Judge Barbara Holmes, Abrego is unlikely to be released anytime soon. The Justice Department immediately filed an appeal and there is an order to keep him in immigration custody, at least in the near term. Still, the ruling is a blow to the nascent criminal case, which alleges Abrego regularly drove undocumented immigrants across the U.S. for years as part of an international human smuggling ring. Holmes said prosecutors failed to produce enough plausible evidence that Abrego posed a danger to the community, was likely to flee or that he victimized minors while he allegedly transported immigrants across the country. And she repeatedly described the evidence presented by prosecutors as strained, unreliable and contradictory. While Trump has insisted that Abrego is a member of the violent MS-13 gang, Holmes said the proof prosecutors presented of his gang ties during a daylong court hearing in Nashville earlier this month didn't amount to much. 'Given the volume of resources committed to the government's investigation of Abrego since April 2025…the Court supposes that if timely, more specific, concrete evidence exists of Abrego's alleged MS-13 gang membership or a consistent pattern of intentional conduct designed to threaten or intimidate specific individuals, the government would have offered that evidence,' the judge wrote. Holmes also noted that, while MS-13 has been tied by the government to violent crimes and a variety of other offenses, 'Abrego has no reported criminal history of any kind.' In fact, Holmes said the contention that Abrego was in the gang at all was built on 'double hearsay' that was at times inconsistent. Holmes repeatedly noted that the government's case for detaining Abrego pending trial was built upon multiple layers of hearsay that sometimes 'defy common sense' and were often drawn from statements of cooperating witnesses with extensive criminal history who are seeking favors from federal prosecutors. Prosecutors said Abrego might flee because he could effectively receive a life sentence, based on the possibility of up to 10 years in prison for each immigrant he transported. But the judge said the prosecution's calculation was wrong, and she observed that past sentences for charges similar to Abrego's were not nearly that steep, averaging around 12 months. 'The Court is unconvinced that the potential sentence Abrego faces if convicted as charged is so extraordinary as to compel finding that this case involves a serious risk of flight,' Holmes wrote. Prosecutors also sought Abrego's pretrial detention based on claims that his alleged crimes involved minors. A Homeland Security Investigation agent testified that 'cooperators' said Abrego drove an SUV-loaded with undocumented immigrants from Houston to Maryland sometimes as often as three to four times a week with his own children in the vehicle, but Holmes said the accounts did not seem plausible. 'The sheer number of hours that would be required to maintain this schedule, which would consistently be more than 120 hours per week of driving time, approach physical impossibility,' the judge wrote. A Justice Department spokesperson had no immediate comment. But federal prosecutors quickly appealed Holmes' ruling to U.S. District Judge Waverly Crenshaw, the Obama-appointed trial judge ultimately slated to preside over the case. The ruling is the latest twist in a saga that has resulted in multiple black eyes for Trump's mass deportation policy, including a rebuke from the Supreme Court and a slew of federal judges who found Abrego was denied due process when he was summarily deported to his native country in March. Abrego was among hundreds of immigrants abruptly arrested and delivered to El Salvador on three flights that also included people targeted by Trump under an unprecedented invocation of wartime deportation powers. Though Abrego wasn't among that group, the administration labeled him as an MS-13 member and said he was not entitled to much, if any, due process as a result of Trump's determination. However, at the time of his deportation, Abrego was subject to a 2019 immigration court order barring his deportation to El Salvador, where a judge concluded Abrego was likely to face persecution and violence. The administration acknowledged the error in response to a lawsuit filed by Abrego and his family, but for weeks the administration resisted court orders demanding officials attempt to secure his release from Salvadoran custody and return to the United States. While Abrego was still in a Salvadoran jail last month, U.S. prosecutors obtained a grand jury indictment of him in connection with a 2022 traffic stop on Interstate 40 in Tennessee. Prosecutors say Abrego was driving an SUV with nine undocumented immigrants in it, and that he regularly ferried immigrants between Texas and Maryland for $1000 to $1500 a trip as part of an international ring that helped people cross into the U.S. illegally. Abrego's defense lawyers contend the criminal charges amount to retaliation for the attention his case drew to the Trump administration's hastily executed deportation of hundreds of men to a notorious, anti-terrorism prison in El Salvador in March. Prosecutors insist that Abrego will remain in immigration custody even if he's released to await trial on the criminal charges. However, if that were the case, he could seek bond from an immigration judge.
