Occidental finance chief pledges to quickly pare acquisition debt
Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company’s finance chief said on Monday.
Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company’s finance chief said on Monday.
A U.S. federal court on Monday issued a permanent injunction against American Airlines Group Inc’s mechanics union, which the airline had accused of illegal slowdowns it said had devastated its operations during the peak summer travel season.
Yum Brands Inc on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the end of the year.
U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession.
U.S. stocks dropped more than 1% on Monday in a broad sell-off as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of an impending recession.
Last week, I sat down for an interview that will be aired on PBS. One of the questions I was asked was about the tools that are available for investors today compared with those that existed years ago.
In addition to all of the online retirement calculators, independent research and real-time quotes, a big development for individual investors has been the increased abundance of exchange-traded funds (ETFs).
A traditional mutual fund is priced at the end of the day according to its net asset value. An ETF is a fund, but it trades like a stock.
Most ETFs are passive, meaning there is …read more […]
Verizon Communications Inc said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress.com.
Two U.S. senators asked Amazon.com Inc Chief Executive Jeff Bezos on Monday how the “Amazon’s Choice” badge on certain products is determined and whether the mark deceives consumers into purchasing “products of inferior quality.”
Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company’s finance chief said on Monday.
Colorado sold nearly twice as much recreational marijuana as it did medical cannabis last year. Data from the Colorado Department of Revenue shows that in 2017, the state sold 172,994 pounds of medical cannabis flower and 238,149 pounds of recreational flower. In 2018, it sold 147,863 pounds of medical and 288,292 pounds of recreational. Since 2014, when the state’s first retail stores opened, the number of pounds of recreational cannabis sold to consumers has increased by 646%.
The gap between medical and recreational sales isn’t surprising. Because marijuana is still illegal at the federal level, there has been very little research …read more […]
Colorado sold nearly twice as much recreational marijuana as it did medical cannabis last year. Data from the Colorado Department of Revenue shows that in 2017, the state sold 172,994 pounds of medical cannabis flower and 238,149 pounds of recreational flower. In 2018, it sold 147,863 pounds of medical and 288,292 pounds of recreational. Since 2014, when the state’s first retail stores opened, the number of pounds of recreational cannabis sold to consumers has increased by 646%.
The gap between medical and recreational sales isn’t surprising. Because marijuana is still illegal at the federal level, there has been very little research …read more […]
Barrick Gold Corp is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday.
Morgan Stanley analysts said on Monday that they now expect the U.S. Federal Reserve to cut rates in September and then again in October.
U.S. stocks dipped in a broad sell-off on Monday as rising geopolitical tensions spooked investors away from equities and the extended U.S.-China trade war stoked fears of impending global recession.
Colombia’s commerce regulator said on Monday it would fine ride-hailing company Uber Technologies Inc more than $629,000 for obstructing a regulatory visit in 2017.
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