HOUSTON, Oct 8 (Reuters) – Citgo Petroleum Corp this week named a former BP lawyer to take on the company’s top legal job as it faces creditors seeking to seize shares in the U.S.-based refiner over parent PDVSA’s debts. Jack Lynch, who spent 18 years …
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DETROIT – The fallout from the United Auto Workers’ strike against General Motors continues to grow as the work stoppage carries into its third week. The Original Equipment Suppliers Association, a trade group for auto suppliers, more than 100 of GM’s …
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WASHINGTON (SBG) — Halloween is quickly approaching. 172 million Americans celebrate the spooky holiday and 95% of them will buy candy, a study by CandyStore.com shows. If you haven’t bought anything for your trick-or-treaters’ just yet, maybe that’s a …
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Virgin Galactic’s Unity in space Virgin Galactic’s VSS Unity fires its hybrid rocket motor to head to the edge of space in 2018. (Virgin Galactic Photo). Boeing says it’s planning to invest $20 million in Virgin Galactic once it goes public, potentially unlocking a …
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Shareholders of global oil giants will be “drowned” in cash from dividends and buybacks for the next 20 years as the firms shift their capital structure to
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