August 28, 2019

Former CEO of shut Philadelphia refinery seeks to buy the plant

The former chief executive officer of Philadelphia Energy Solutions is seeking to buy and restart the 335,000 barrel-per-day PES refinery, which closed after a June fire, […]
August 28, 2019

Wall Street climbs on energy, financials boost

U.S. stocks climbed on Wednesday, recovering from early declines on gains in energy and financial shares, but investors remained leery about the potential for another flare-up […]
August 28, 2019

Stocks rise as recession, trade worries ebb; sterling tumbles

A gauge of equities worldwide rose on Wednesday as data showing strong demand for oil helped subdue recession jitters, while sterling tumbled as Britain’s prime minister […]
August 28, 2019

Facebook tightens rules for U.S. political advertisers ahead of 2020 election

Facebook Inc is tightening its political ad rules in the United States, it said on Wednesday, requiring new disclosures for its site and photo-sharing platform Instagram […]
August 28, 2019

Third Point, U.S. settle over antitrust filing in DowDuPont stake

Third Point LLC has agreed to pay more than $600,000 to settle allegations the hedge fund failed to properly file for antitrust clearance when it bought […]
August 28, 2019

Huawei plans high-end phone launch under cloud of Google ban

Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google’s official […]
August 28, 2019

Federal corruption probe hits home for UAW boss, contract talks under ‘storm cloud’

The FBI on Wednesday conducted searches at the home of United Auto Workers President Gary Jones, a union retreat and multiple other locations as part of […]
August 28, 2019

U.S. agriculture secretary says Trump will announce way to boost biofuel demand soon

U.S. President Donald Trump will announce a plan to boost demand for biofuels within weeks, Secretary of Agriculture Sonny Perdue said on Wednesday, as the administration […]
August 28, 2019

Struggling jewelry maker Pandora to relaunch brand at LA event

Pandora , the world’s biggest jeweler maker, will relaunch its brand at an event in Los Angeles later on Wednesday as it tries to attract middle-class […]
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