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BP tiptoes back into a Permian shale foothold

BP Plc’s return to the Permian basin comes via a splashy $10.5 billion deal. But the oil major is trying its utmost not to make waves — and with good reason. BP is buying the Permian position, along with assets in the Eagle Ford and Haynesville basins, from BHP Billiton Ltd. BP left the Permian back in 2010 in the ...

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Big tech throws money, talent at robots for the home

Bloomberg Science fiction writers and technologists have been predicting the arrival of robot butlers for the better part of a century. So far domestic robots have been relatively pedestrian: robot dogs, vacuum cleaners, lawn mowers. Rosie of “The Jetsons” fame? Not so much. That may be about to change. Behind the scenes, big tech companies are funding secret projects to ...

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Company that called demise of CD-ROMs moves away from LCDs

Bloomberg Back in 2004, when selling CD-ROMs was still a lucrative business, BenQ Materials Corp. thought it was time to get out. In the years that followed, the technology became less mainstream, overtaken by everything from flash drives to online downloads. Now, the Taiwanese electronics parts maker is doing it again. This time, it’s cutting back on a different cash ...

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