The chemicals company has agreed to rework the part of its massive settlement with plaintiffs that deals with how future claims over its Roundup weedkiller are covered.
U.S. crude supply is falling at its quickest pace ever, easing a global oil glut and spurring a swift recovery in fuel prices.
Energy giant BP has agreed to sell its petrochemicals business to British chemicals company Ineos for $5 billion, marking the largest deal by an oil major since the new coronavirus was declared a pandemic.
More than 40% of the companies in the S&P 500 have pulled their guidance, as the coronavirus pandemic has doused U.S. corporations in uncertainty, and their shares together have fallen more than the broader index.
The Defense Department canceled contracts with a company that incinerated more than 2 million pounds of materials containing toxic “forever chemicals” from firefighting foam in upstate New York over the past two years.
The decision to reverse an Obama-era initiative was based on a new analysis that showed the toxic chemical is too rare in public water supplies to require setting a federal limit.
Now they’re taking a harder stand.
The move comes after it found higher-than-acceptable levels of a contaminant in extended-release versions of a drug that controls high blood sugar in type-2 diabetes patients.
A Pakistan International Airlines plane crashes in Karachi, Memorial Day weekend begins as restrictions ease, central Michigan is flooded as dams break and more from The Wall Street Journal’s photo editors.
Brazil’s truck market will shrink at least 30% this year from 2019 as demand slumps amid the coronavirus crisis, says the president of Mercedes-Benz do Brasil.
A small city in upstate New York has become the latest place to contend with the disposal of toxic “forever chemicals” that the U.S. military has been trying to destroy, as concerns grow that such chemicals contribute to air pollution.
Prices are staging a furious comeback from last month’s collapse, lifted by record supply cuts and a pickup in global fuel demand that many investors hope heralds a swift economic recovery.
Some fund managers think it is safer, and will prove more lucrative, to invest in refined-oil products or in Brent, a blend of crudes produced in the North Sea. The hottest trade right now: gasoline.
Demand for sanitizing service for retail stores is skyrocketing, causing a scramble for workers and expertise as retailers work to keep coronavirus at bay in stores with more deep cleaning, as well as make cleaning more visible to shoppers so they feel safe coming in.
Styrene gas, used for making plastic and rubber, leaked from a polymer plant owned by South Korean battery maker LG Chemical.
Exxon swung to a $610 million loss in the quarter as it took a “market-related” $2.9 billion charge. It reported $2.4 billion in profits during the same period last year.
Caterpillar, Harley-Davidson and 3M are among U.S. manufacturers idling production and reducing costs as the pandemic undercuts demand for their products.
BP said debt rose sharply and warned of falling production and a worsening outlook for refining margins, offering a first look at how the new coronavirus pandemic is straining the balance sheets of the world’s largest oil companies.
The German sports-gear maker said it expected the pandemic to hit sales and profit even harder in the second quarter than the first, painting a picture of a slow recovery for the hard-hit retail industry.
When natural gas became as cheap as coal in the U.S., it spawned an energy transformation that drove many companies out of business while generating opportunities for others. East Asia’s biggest economies are now going through the same upheaval.