Philadelphia Energy Solutions' 335,000 barrel-per-day (bpd) refinery began permanently shutting its remaining refinery units on Monday, said a source familiar with plant operations. The shutdown will finish in a few days.
Three Greek shipping companies sued U.S. refiner Philadelphia Energy Solutions Inc (PES) for about $600,000, claiming the company did not pay them for fees incurred by crude oil tankers chartered earlier this year, court documents showed.
Ford Motor Co said on Monday it would invest $50 million upgrading a Chicago facility to partially assemble hybrid electric SUVs and vehicles for police use, creating 450 jobs.
Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly three years.
President Donald Trump agreed at a meeting with the heads of top technology companies like Google on Monday to make "timely" decisions on requests by U.S. companies to sell to blacklisted Huawei Technologies Co Ltd, the White House said.
LG Display said on Tuesday that it would invest 3 trillion won ($2.6 billion) in its organic light-emitting diode (OLED) panels production line in South Korea.
U.S. President Donald Trump met on Monday with the chief executives of seven technology companies and he agreed with their request for timely licensing decisions from the Commerce Department on blacklisted Chinese firm Huawei Technologies, the White House said.
Consumers affected by the massive Equifax Inc data breach in 2017 will not reap any windfalls from the credit reporting company's $700 million U.S. settlement announced on Monday, but may face a cumbersome process to get compensation.
Asia stocks eased on Monday as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following an Iranian seizure of a British tanker lifted crude oil prices.
Oil prices rose on Monday amid high tensions in the Middle East after a British tanker was seized by the Iranian military at the end of last week.
Asia stocks fell on Monday as investors scaled back expectations of an aggressive interest rate cut by the Federal Reserve, while heightened Middle East tensions following Iran's seizure of a British tanker lifted crude oil prices.
The head of the British parliament's Work and Pensions Committee has written to the chair of Standard Chartered Plc's remuneration committee questioning the bank's executive pension pay levels after more than a third of shareholders voted against its directors' remuneration policy.
More companies are adding a Roth option to their 401(k) plans to let workers stash after-tax dollars for retirement. Financial advisors say this is a good way to maximize income and minimize your tax bill once you've retired.
CBS Corp and AT&T Inc failed to renew their contact, resulting in millions of DirecTV subscribers losing access to CBS programming.
Members of Ryanair's Irish pilot union are to decide next week whether to join British colleagues in holding a ballot on strike action, according to a memo distributed to members.