BP to spend $1.3 billion on Atlantis Gulf oilfield

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BP to spend $1.3 billion on Atlantis Gulf oilfield

BP's Atlantis platform, 150 miles south of New Orleans. BP announced Tuesday (Jan. 8, 2019) that it will invest $1.3 billion in expanding the oilfield that funnels oil and gas to the Atlantis platform.
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Sears sees last-gasp rescue bid as it barrels towards total collapse

The legendary retail giant Sears will review a revised rescue bid from its chairman Eddie Lampert before moving forward on total liquidation, giving the hedge-fund billionaire a final shot to buy the withered department-store chain out of bankruptcy.
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CES revokes award from female-founded sex tech company

Sex tech has been done at the Consumer Electronics Show. This year, however, seems to be different, with the organization behind CES, the Consumer Technology Association, revoking an innovation award from a company geared toward women's sexual
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Apple lowers iPhone production volume by 10 pc for January quarter

The iPhone is experiencing weak demand in Asia, especially China. After cutting revenue forecasts, Apple is now reducing production too.
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Bitcoin Mining Chip Maker Canaan Considers US IPO

Canaan Inc., China's second-biggest maker of Bitcoin mining hardware, is considering listing in the U.S. after shelving plans for a Hong Kong initial
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