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Airbnb says second-quarter revenue topped $1 billion

10 hours ago DieselGasoil Comments Off on Airbnb says second-quarter revenue topped $1 billion
FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie SAN FRANCISCO (Reuters) – Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in Read More

Purdue Pharma seeks to halt opioid suits against company, Sacklers

10 hours ago DieselGasoil Comments Off on Purdue Pharma seeks to halt opioid suits against company, Sacklers
(Reuters) – OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company and its controlling Sackler family helped fuel the U.S. opioid crisis, according to court documents. FILE PHOTO: A pharmacist holds a bottle OxyContin made by Purdue Pharma at Read More

Trump and California go to war over clean cars

14 hours ago DieselGasoil Comments Off on Trump and California go to war over clean cars
WASHINGTON (Reuters) – U.S. President Donald Trump and the state of California went to war on Wednesday over who should set the standards in the United States for vehicle emissions and electric cars, foreshadowing a legal battle over environmental policy issues that will affect the auto industry and consumers. In a morning flurry of tweets, Read More

Apple spars with EU as $14 billion Irish tax dispute drags on

23 hours ago DieselGasoil Comments Off on Apple spars with EU as $14 billion Irish tax dispute drags on
LUXEMBOURG (Reuters) – Apple accused the European Commission of misunderstanding its business on day two of the iPhone maker’s appeal against a $14 billion tax order, in a dispute that is key to the EU’s drive to collect more taxes but which could also run for years. FILE PHOTO: CEO Tim Cook speaks at an Read More

Cycle of panic & death: Humankind totally not ready for global pandemic, emergency preparedness group warns

1 day ago DieselGasoil Comments Off on Cycle of panic & death: Humankind totally not ready for global pandemic, emergency preparedness group warns
A sudden lethal pandemic could wipe out tens of millions of people, destroy the world’s economies, and leave humanity in chaos, according to a new report from an emergency preparedness body that isn’t alarmist in the slightest. Citing a reactionary “cycle of panic and neglect” in which health emergencies are dealt with as they arise, Read More

GM stops paying for health insurance for striking union workers; talks continue

1 day ago DieselGasoil Comments Off on GM stops paying for health insurance for striking union workers; talks continue
BOWLING GREEN, Ky. (Reuters) – General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday. The UAW on Monday launched the first company-wide strike at GM in 12 years, saying negotiations toward a new national Read More

Prudential subsidiaries to pay nearly $33 million to settle disclosure charges: SEC

2 days ago DieselGasoil Comments Off on Prudential subsidiaries to pay nearly $33 million to settle disclosure charges: SEC
WASHINGTON (Reuters) – Two Prudential subsidiaries have agreed to pay nearly $33 million to settle charges they failed to disclose conflicts of interest and made misleading disclosures regarding 94 insurance-dedicated mutual funds they advised, the U.S. securities regulator said on Monday. The Securities and Exchange Commission (SEC) said it had censured AST Investment Services Inc Read More

US, Canadian oil producers stress supply security after Saudi attack

3 days ago DieselGasoil Comments Off on US, Canadian oil producers stress supply security after Saudi attack
Washington — Permian Basin drillers watch for new export demand Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Price spike could lead Alberta to ease curtailment Trump brags about US net energy exports The North American upstream sector on Monday was cautiously watching the price impact of the weekend’s Read More

Workers picket GM plants as UAW contract talks resume

3 days ago DieselGasoil Comments Off on Workers picket GM plants as UAW contract talks resume
DETROIT (Reuters) – Negotiators for General Motors Co and the United Auto Workers resumed talks Monday at 10 a.m. EDT to resolve a strike that shut down the automaker’s highly profitable U.S. operations. The UAW on Sunday launched the first company-wide strike at GM in 12 years, saying negotiations toward a new national agreement covering Read More

Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line

3 days ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line
CALGARY, Alberta, Sept. 16, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the closing of the sale of a portion of its Alliance Service and the execution of an Interconnection Development Agreement with Alliance Pipeline Limited Partnership to reactivate its lateral line to the company-owned Bigstone West Gas Plant located at Read More