PHILADELPHIA 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.
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NEW ORLEANS Tidewater Inc., which provides water transportation for the petroleum industry, said Thursday its board has authorized it to repurchase up to $200 million in shares of its common stock.
PHILADELPHIA 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.
- Bits of Business
This fall a new business exposition is set to start in the area. Created by entrepreneurial women, for women, the Entrepreneurial Women’s Expo is looking to bring together the best and brightest women in the local business scene for a day of discussion,
- Thinking Ahead
Walking softly across the hallowed ground where thousands of soldiers died, one quickly understands the words President Abraham Lincoln used to pay tribute to those who fought the Battle of Gettysburg. He was right when he said the world
PHILADELPHIA 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.
NEW YORK Healthcare Realty Trust Inc. will replace truck-trailer manufacturer Wabash National Corp. in the S&P SmallCap 600 after the close of trading on July 16, Standard & Poor's said Thursday.
PHILADELPHIA Sunoco Inc. said Thursday it has placed four employees on administrative leave after an internal investigation into the bidding for a crude oil processing transaction found that they violated company policy.
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HOUSTON Chevron Corp. said Thursday its second-quarter earnings from pumping oil will be improved from the first three months of the year, when low crude and natural-gas prices contributed to the worst results in years for oil companies.
MADISON, Wis. State regulators gave a Wisconsin utility permission Thursday to begin building a giant wind farm in southern Minnesota, opening the door for Wisconsin ratepayers to shell out millions of dollars in construction costs.
Stocks edged higher Thursday as investors encouraged by better-than-expected results from aluminum maker Alcoa Inc. put money into stocks they recently avoided: commodities producers, banks and industrial companies. Money also moved into more economically sensitive industries such as technology and energy, which stand to gain more if a recovery takes hold.
TRENTON, N.J. Gannett Co. has begun eliminating 106 full-time and 19 part-time positions at its six New Jersey newspapers because of the economic recession.
GM sale cleared, path opens to exit Chapter 11
NEW YORK Treasury prices slipped Thursday, a day after a big jump, as stock prices recovered.
WASHINGTON With many lawmakers wary of giving the Federal Reserve more power under a proposed financial overhaul, the Fed's No. 2 official on Thursday defended the central bank's ability to take on more oversight responsibilities.
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