Category Archives:
Devon Energy to buy Eagle Ford basin operator Validus for $1.8 billion
(Reuters) - Shale producer Devon Energy said on Tuesday it will buy Validus Energy, an Eagle Ford basin operator, for $1.8 billion in cash. (Reporting by Arunima Kumar in Bengaluru; Editing by Shinjin...
Aug 09, 2022
Emerson quarterly profit rises on strength in automation unit
(Reuters) - U.S. equipment maker Emerson Electric Co on Tuesday posted a jump in third-quarter profit benefiting from stronger performance at its automation unit, as companies revamp their assembly li...
Aug 09, 2022
Toyota suspends some Japan factory production due to COVID outbreak
TOKYO (Reuters) - Toyota Motor Corp said on Tuesday it would suspend the second shift operation of that day at one production line at its factory in central Japan due to an outbreak of COVID-19. A tot...
Aug 09, 2022
Michael Kors-owner beats revenue estimates on resilient luxury demand
(Reuters) -Michael Kors-owner Capri Holdings Ltd beat quarterly revenue estimates on Tuesday, helped by unwavering demand for luxury goods from higher-income consumers who remain largely unaffected by...
Aug 09, 2022
U.S. Coast Guard responds to oil spill in Terrebonne Bay, La
(Reuters) - The U.S. Coast Guard said on Monday it was responding to an oil spill at the Hilcorp Caillou Island facility in Terrebonne Bay, Louisiana. A structural failure caused an oil tank platform ...
Aug 09, 2022
SoftBank steps up asset sales from sinking portfolio
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp is accelerating asset sales after its flagship Vision Fund unit booked nearly $50 billion in losses in just six months, but Chief Executive Masayosh...
Aug 09, 2022
Thailand approves benefits for airport-centred economic zone
BANGKOK (Reuters) - Thailand's cabinet on Tuesday approved investment benefits for a 10.4 square kilometre (4 square mile) special economic zone centred on a repurposed Vietnam War airfield that is in...
Aug 09, 2022
Chipmaker Micron forecasts negative free cash flow for first quarter
(Reuters) -Memory chipmaker Micron Technology said its free cash flow was expected to be negative for the fiscal first quarter and that it could see significant sequential declines in revenue and marg...
Aug 09, 2022
Hundreds rally for PPS teachers awaiting mediation
PEORIA, Ill. — More than 800 people rallied Monday evening in support of teachers in Peoria Public Schools as they call for better pay, among other issues. The educators have been working for a ...
Aug 09, 2022
Factbox-Four key races in Wisconsin, Minnesota midterm primaries
WASHINGTON (Reuters) - Voters in states including Wisconsin and Minnesota will pick candidates for the U.S. Congress and other offices in primaries on Tuesday, in another test of former President Dona...
Aug 09, 2022
Peoria, IL, USA
61 °F Overcast
