Oasis Petroleum files for prepackaged Chapter 11 with plan to reduce debt by $1.8 billion

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Oasis Petroleum files for prepackaged Chapter 11 with plan to reduce debt by $1.8 billion

Oasis Petroleum Inc. shares OAS, -0.55% slid 26% in premarket trade Wednesday, after the company said it is filing for Chapter 11 bankruptcy with a prepackaged plan with creditors, aiming to reduce its debt by $1.8 billion. The company is the latest energy …
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Britain's Morrisons creates 1000 jobs to process Amazon orders

LONDON (Reuters) – British supermarket group Morrisons MRW.L is creating more than 1,000 jobs to pick and pack orders for its services on Amazon AMZN.O, it said on Wednesday. Morrisons said it was recruiting the additional workers to process customer …
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Today's best mortgage and refinance rates: Monday, September 28, 2020

Fixed mortgage rates have increased since last Monday, and adjustable rates have decreased. Refinance rates have fluctuated since this time last week. Both mortgage and refinance rates are down since this time last month. The 30-year fixed rates and 5/1 …
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Domino's Bringing Recycling Information to Customers

Domino’s Pizza wants to increase the amount of pizza boxes entering the recycling stream. Domino’s is launching a new feature on recycling.dominos.com that customers can use to look up their zip code for their neighborhood’s status on pizza box recycling.
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Diageo Toasts Improving Alcohol Sales and Strong US Demand. The Stock Is Rising But Second Covid Wave Fears …

Diageo stock climbed 7% early on Monday, as the world’s largest spirits maker said its outlook has improved following a “good start” to the fiscal year, driven by its U.S. business. The FTSE 100-listed drinks giant said the reopening of bars and restaurants had …
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3 responses to “Oasis Petroleum files for prepackaged Chapter 11 with plan to reduce debt by $1.8 billion”
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