Shipping companies sue Philadelphia Energy Solutions for $600000 in unpaid bills

Shipping companies sue Philadelphia Energy Solutions for $600000 in unpaid bills

NEW YORK (Reuters) – Three Greek shipping companies sued U.S. refiner Philadelphia Energy Solutions Inc (PES) for about $600,000, claiming the company did not pay them for fees incurred by crude oil tankers chartered earlier this year, court documents …
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Technology shines on an otherwise sluggish day for US stocks

NEW YORK (AP) — Tech stocks were the standouts in an otherwise sluggish day of trading on Monday, as investors gear up for the arrival of the heart of earnings reporting season. Apple, Intel and several chip makers jumped more than 2%, and technology …
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S&P 500 climbs towards record high

The S&P 500 climbed toward a record high, supported by expectations of lower interest rates, while investors awaited quarterly earnings from marquee companies Facebook, Alphabet and Amazon later this week. Facebook rallied 2.0 per cent ahead of its …
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Amazon adding two more shipping hubs in Ohio

In a statement issued Monday morning, the e-commerce giant finally laid claim to the fulfillment center planned at the former Rolling Acres Mall site on the southwestern edge of town. This and a second distribution warehouse in Rossford, near Toledo, which …
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Suit seeking $1.2B says Ford falsified F-150 fuel economy tests

Drivers of the nation’s top-selling vehicle, the 2018 or 2019 Ford F-150 pickup, could be spending an extra $2,000 in fuel because Ford Motor Co. falsified fuel economy tests. That’s the accusation in a lawsuit that seeks to be certified as a class action filed …
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