Oil falls below $70 a barrel as traders focus on weak US demandOctober 7th, 2009 Oil falls despite drop in supplyNEW YORK — Oil prices fell Wednesday as traders shrugged off an unexpected drop in crude supplies and focused instead on government data that showed Americans still have little appetite for more petroleum. Benchmark crude for November delivery lost $1.31 to settle at $69.57 on the New York Mercantile Exchange.
Chicago-area investor wants bidding process for Sun-Times reopenedOctober 7th, 2009 Investor wants Sun-Times bidding process reopenedCHICAGO — There's no one else interested in buying the Chicago Sun-Times. Or is there?
A Chicago-area investor wants a bankruptcy court to reopen bidding for the parent company of the Chicago Sun-Times.
Oil rises slightly after government reports crude supplies drop unexpectedlyOctober 7th, 2009 Oil rises to $71 on drop in oil supplyNEW YORK — Oil prices rose Wednesday after the government reported an unexpected drop in crude supplies. Benchmark crude for November delivery added 12 cents at $71 on the New York Mercantile Exchange.
Oil prices fall below $70 a barrel as traders focus on weak US demandOctober 7th, 2009 Oil falls despite drop in supplyNEW YORK — Oil prices fell Wednesday as traders shrugged off an unexpected drop in crude supplies and focused instead on government data that showed Americans still have little appetite for more petroleum. Benchmark crude for November delivery lost $1.31 to settle at $69.57 on the New York Mercantile Exchange.
Sunoco idles Westville, NJ refinery, furloughs 400 and halves dividendOctober 6th, 2009 Sunoco idles refinery, furloughs 400; dividend cutPHILADELPHIA — Sunoco Inc. says it will idle its Eagle Point refinery in Westville, N.J., furlough 400 workers and cut its dividend.
Sears pays record $6.2 million to settle charges it discriminated against disabled workersSeptember 30th, 2009 Sears pays $6.2 million to settle bias caseWASHINGTON — Sears Holdings Corp. has agreed to pay a record $6.2 million to settle allegations that it illegally fired disabled employees.
AFL-CIO president John Sweeney bidding farewell after 14 years of leadershipSeptember 13th, 2009 AFL-CIO president Sweeney bidding farewellPITTSBURGH — The man who guided the nation's largest union federation for 14 years is bidding farewell. John Sweeney is expected to reflect on his legacy Sunday when he delivers the keynote address to hundreds of delegates at the AFL-CIO's convention in Pittsburgh.
AFL-CIO president bids farewell on Sunday after 14 years of leadershipSeptember 13th, 2009 AFL-CIO president bids farewell SundayPITTSBURGH — The man who guided the nation's largest union federation for 14 years is bidding farewell. John Sweeney is expected to reflect on his legacy Sunday when he delivers the keynote address to hundreds of delegates at the AFL-CIO's convention in Pittsburgh.
Investigators say pipe corrosion led to explosion at Sunoco refinery in DelawareSeptember 8th, 2009 Pipe corrosion led to Del. refinery explosionNEW CASTLE, Del.
Sunoco places 4 employees on leave and calls DOJ after internal investigation of bidJuly 10th, 2009 Sunoco places 4 on leave after investigationPHILADELPHIA — Sunoco placed four employees on administrative leave and said Thursday that it had notified the Department of Justice of what it called improper conduct during a bidding process with an oil producer. The Philadelphia-based oil refiner said it withdrew from bidding immediately after an internal investigation revealed the actions of the employees, though it would not identify the producing company, nor where the bidding took place.
EMC to buy Data Domain, NetApp drops out of biddingJuly 8th, 2009 EMC buys Data Domain, NetApp drops out of biddingA bidding war over data storage company Data Domain is over, with EMC emerging as the victor. Data Domain Inc.
Sunoco to close ethylene complex in Delaware after explosion and fire in MayJuly 7th, 2009 Sunoco to close ethylene complex in DelawareCLAYMONT, Del. — Sunoco says it will close the ethylene complex at the Marcus Hook Refinery, weeks after it was shut down because of an explosion and fire.
Judge: Bidding for Obama suit-maker can move forwardJune 2nd, 2009 Judge: Hartmarx bidding to move aheadCHICAGO — Workers at a Chicago-based company that custom-made suits for President Barack Obama say they're happy to see a deal to purchase the company appears to be moving along. A judge on Monday approved a bidding process for Hartmarx Corp., which filed for Chapter 11 bankruptcy protection in January.
Group of dissident Chrysler lenders files motion to block sale of automaker's assets to FiatMay 5th, 2009 Lenders group objects to sale to FiatNEW YORK — A dissident group of Chrysler lenders is objecting to the sale of the bulk of the automaker's assets to Italian automaker Fiat, saying that the proposed sale process is designed to prevent competitive bidding. In an objection filed Tuesday, the lenders group says the proposed bidding procedures only give the appearance of legitimacy and don't maximize the sale price of the assets.
Final bidding for 31 percent Satyam stake todayApril 13th, 2009 MUMBAI - The government-appointed Satyam Board on Monday will conduct the final bidding for the sale of 31 percent stake of the embattled IT company. "We have entered the final stage of the bidding process, and on Monday we will conduct the financial bidding in Mumbai to find the highest bidder for a 31 percent stake in Satyam Computer," Satyam Board Chairman Kiran Karnik said.
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