A federal amendment expired, paving the way for Dallas Love Field to offer flights again and setting the stage for an airfare war.» Read More
May 7- Viper Energy Partners LP, an affiliate of oil and gas company Diamondback Energy Inc, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock.
May 6- Western Refining Inc and HollyFrontier Corp said they expect refining margins to grow in coming quarters due to lower crude costs. The price for West Texas Intermediate crude oil for delivery into Midland, Texas, which Western Refining and HollyFrontier access easily, is lower than the price for the benchmark crude in Cushing, Oklahoma.
Inland refiners such as Western Refining, HollyFrontier Corp and Marathon Petroleum Corp are benefiting from easy access to cheap shale crude, boosting their refining margins.
The latest increase was 3.07 cents to an average retail price of $3.7225 per gallon of regular grade gasoline, according to survey, which was conducted on May 2. Light crude prices on the New York Mercantile Exchange have declined 4.8 percent over the last week and a half from a recent high of $104.77 a barrel on April 24 to the most recent close of $99.76 on May 2.
April 28- Energy Transfer Partners LP, owner of gasoline retailer Sunoco Inc, said it would buy Susser Holdings Corp and create a separate retail company as it focuses on its core pipeline business.
April 28- Energy Transfer Partners LP, owner of gasoline retailer Sunoco Inc, said it would buy Susser Holdings Corp in a deal valued at $1.8 billion to create a standalone retailing business.
*Susser shares rise 14 pct before the bell. April 28- Pipeline company Energy Transfer Partners LP said it would buy Susser Holdings Corp in a cash-and-stock deal valued at $1.8 billion to expand its retail gasoline business to Texas, New Mexico and Oklahoma.
Shares of La Quinta fell as much as 2 percent in their trading debut on Wednesday, though they later rebounded and rose slightly.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
Wider efforts to rebuild America's deeply depressed cities can't succeed until public safety is restored.
Even struggling metros are having success in attracting investment. In the process, they are creating a virtuous cycle of creativity.
These sunshine cities have focused their efforts on developing new industry niches to strengthen their local economies and promote future growth.
The ebbing economic tide from the Great Recession revealed some of the worst swindles in municipal finance in decades.
Detroit's bankruptcy, and rumblings about tax overhaul, have fueled a big sell off in the municipal bond market. What's next?
Visit any American city and it doesn't take a whole lot of imagination to see where its greatness came from—however faded it may seem to be.
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.
Federal and state funding cutbacks are challenging Main Street. The future of America is at stake since cities contribute more than 90 percent to GDP.
The head of the National Urban League outlines a plan to close the economic divide that's crippling U.S. cities.
Interest rate swaps - sold as a way to save money on public financing - have turned into municipal bombs.
New Jersey’s standing in America's Top States for Business has declined since Gov. Chris Christie took office in 2010. It finishes 42nd this year.