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PES up against the clock to sell Philadelphia refinery in cash crunch

6 hours ago DieselGasoil Comments Off on PES up against the clock to sell Philadelphia refinery in cash crunch
NEW YORK (Reuters) – Finding a buyer for Philadelphia Energy Solutions’ oil refinery has grown urgent as the bankrupt company’s funds dwindle and no signs emerge that it is winning a fight for insurance payouts after a June blaze at the plant, according to court documents and bankruptcy experts. FILE PHOTO: The Philadelphia Energy Solutions Read More

Take Five: Fed in a hole

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(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/FED IN A HOLE On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July’s Read More

Exclusive: Fed’s Mester weighing argument for U.S. rate cut

14 hours ago DieselGasoil Comments Off on Exclusive: Fed’s Mester weighing argument for U.S. rate cut
CLEVELAND (Reuters) – One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such a move now given risks that a U.S.-China trade war and global slowdown could derail the economy. FILE PHOTO: Cleveland Fed President Loretta Mester takes part in a panel convened to speak about the health Read More

Tyson recalls nearly 40,000 pounds of Weaver chicken patties

15 hours ago DieselGasoil Comments Off on Tyson recalls nearly 40,000 pounds of Weaver chicken patties
FILE PHOTO: Traders gather at the post that trades Tyson Foods on the floor of the New York Stock Exchange June 3, 2014. REUTERS/Brendan McDermid/File Photo (Reuters) – Tyson Foods Inc is recalling nearly 40,000 pounds of its Weaver chicken patties after some consumers found pieces of rubber in the product, the no. 1 U.S. Read More

New ORGAN found just beneath the skin may be responsible for certain types of pain

1 day ago DieselGasoil Comments Off on New ORGAN found just beneath the skin may be responsible for certain types of pain
A previously unknown sensory organ that detects dangerous environmental stimuli may be responsible for certain types of pain, according to scientists who discovered the organ lurking beneath the skin’s top layer. The meshlike organ senses pressure, pricking, and other mechanical discomfort caused by environmental factors, scientists at Sweden’s Karolinska Institutet have found. Made up of Read More

Strong U.S. retail sales ease gloom over economy

2 days ago DieselGasoil Comments Off on Strong U.S. retail sales ease gloom over economy
WASHINGTON (Reuters) – U.S. retail sales surged in July as consumers bought a range of goods even as they cut back on motor vehicle purchases, helping to assuage financial market fears that the economy was heading into recession. FILE PHOTO: Clothes are seen on display inside the Barneys New York the luxury department store in Read More

Climbers must be trained to tackle Everest, panel says after deaths

2 days ago DieselGasoil Comments Off on Climbers must be trained to tackle Everest, panel says after deaths
KATHMANDU (Reuters) – Nepal must make training and experience in high altitude climbing mandatory for all climbers on Mount Everest and other high peaks, a government panel said on Wednesday, following the deadliest climbing season in four years. Eleven climbers were killed or went missing on the 8,850 meter (29,035 feet) mountain in May – Read More

Just Energy Announces Appointment of Walter M. Higgins III to Board of Directors

2 days ago DieselGasoil Comments Off on Just Energy Announces Appointment of Walter M. Higgins III to Board of Directors
TORONTO, Aug. 15, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy”), as previously announced, Mr. Walter M. Higgins III has been appointed to Just Energy’s Board of Directors, as an independent director. Mr. Higgins is currently the Chairman of the Board of South Jersey Industries Inc. Prior to this position, Mr. Read More

Just Energy Reports Fiscal First Quarter 2020 Results

2 days ago DieselGasoil Comments Off on Just Energy Reports Fiscal First Quarter 2020 Results
Previously Announced Strategic Review ProgressingBase EBITDA from Continuing Operations of $24.2 MillionBusiness Remains Strong with Embedded Gross Margin of $2.1 BillionCommon Share Dividend Suspended as part of Strategic ReviewWalter M. Higgins III has been appointed to the Board of Directors TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (TSX:JE; NYSE:JE) (“Just Energy” Read More