August 13, 2019

Exclusive: Citgo chooses new CEO to navigate political, legal turmoil – sources

Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert […]
August 12, 2019

American Airlines wins permanent court block against alleged disruption by mechanics

A U.S. federal court on Monday issued a permanent injunction against American Airlines Group Inc’s mechanics union, which the airline had accused of illegal slowdowns it […]
August 12, 2019

Occidental finance chief pledges to quickly pare acquisition debt

Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company’s finance chief said […]
August 12, 2019

Wall Street falls on geopolitical tensions, recession fears

U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China […]
August 12, 2019

Yum Brands promotes COO David Gibbs to top job

Yum Brands Inc on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the end of […]
August 12, 2019

U.S. transportation chief asks new FAA head to review agency in wake of 737 MAX crashes

U.S. Transportation Secretary Elaine Chao said on Monday she has asked the new head of the Federal Aviation Administration (FAA) to assess the agency’s performance in […]
August 12, 2019

Yen, gold gain on trade war angst; Argentine peso sinks

Investors piled into gold, safe-haven yen and bonds on Monday over nagging concerns about a prolonged U.S.-China trade war and global growth, while Argentina’s peso plunged […]
August 12, 2019

Oil steadies as Saudi, Kuwait signals offset demand fears

Oil prices were little changed on Monday as expectations that major producers would continue to reduce global supplies faced worries about sluggish crude demand growth due […]
August 12, 2019

Wall Street slips on political tensions, recession fears

Wall Street’s main indexes fell on Monday as protests in Hong Kong added to concerns on the pace of growth in China, already under pressure from […]
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