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Judge OKs Philly refiner"s bankruptcy plan, sale to property developer: documents
The Philadelphia Energy Solutions oil refinery site will be sold for $252 million and redeveloped under a plan approved in bankruptcy court on Thursday, ending months of uncertainty over whether the idled plant would be restarted, court filings show......»»
GIS reports decreased sales for January
Touch panel maker General Interface Solutions (GIS) has disclosed revenues of NT$7.294 billion (US$242.28 million) for January, down 27.6% on month and 28.6% on year......»»
Lordstown Motors pursuing $200 million U.S. retooling loan, will show EV truck at Detroit show: CEO
Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors factory in northeast Ohio, Chief Executive Steve Burns told Reuters......»»
Real estate developer in $240 million deal to buy Philadelphia refinery
Real estate developer Hilco Redevelopment Partners has entered into a $240 million agreement to purchase the Philadelphia Energy Solutions oil refinery, which was the largest and oldest on the East Coast, according to court documents on Wednesday......»»
Philly refinery sale draws $240 million winning bid from real estate developer
Chicago-based real estate developer Hilco Redevelopment Partners is expected to pay $240 million in its winning bid for the Philadelphia Energy Solutions refinery site, bankruptcy court documents showed on Wednesday......»»
Bankrupt Philadelphia refinery expects second insurance payment
Insurers of Philadelphia Energy Solutions (PES) have indicated they will make a second payment of $15 million from its property policy in connection to the June fire and subsequent shutdown of the plant, court documents showed......»»
GM, LG Chem to announce EV battery joint venture in Ohio
South Korea's LG Chem said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors ......»»
Madison AI startup Curate Solutions closes on $1.65M funding round
Madison startup Curate Solutions, a company that uses artificial intelligence to find construction projects for general contractors and vendors, is closing a $1.65 million round of funding, according to a news release from the company. The round was le.....»»
Builders selected for $64 million school construction, renovation project
A joint venture between two of the largest general contractors in the region has signed a contract to join the Little Miami Local Schools building program......»»
General Electric"s power unit fights for growth as wind, solar gain
NEW YORK (Reuters) - Vistra Energy Corp and Dominion Energy Inc – which serve about 5.5 million electricity customers in more than a dozen U.S. states – both say they are done building combined-cycle natural gas-fired power plants......»»
General Electric"s power unit struggles as wind, solar gain
Vistra Energy and Dominion Energy, which serve about 5.5 million electricity customers in more than a dozen U.S. states, both say they are done building combined-cycle natural gas-fired power plants......»»
General Electric"s power unit struggles as wind, solar gain
Vistra Energy and Dominion Energy, which serve about 5.5 million electricity customers in more than a dozen U.S. states, both say they are done building combined-cycle natural gas-fired power plants......»»
General Electric"s power unit is struggling
Vistra Energy and Dominion Energy, which serve about 5.5 million electricity customers in more than a dozen U.S. states, both say they are done building combined-cycle natural gas-fired power plants......»»
Coretronic reports brisk sales for May
Backlight unit (BLU) supplier Coretronic saw its consolidated revenues grow 6% on month and 23% on year to NT$4.663 billion (US$156.27 million) in May, buoyed by increased shipments of its energy-saving products, including BLUs and EMS solutions......»»
AG to appeal $475M coal-ash charge to Duke Energy Carolinas customers
N.C. Attorney General Josh Stein will appeal Duke Energy Carolinas’ 1.2% rate hike, challenging at least the provisions putting customers on the hook for $475 million in coal-ash cleanup costs. “We are reviewing the rest of the order as well,â€.....»»
GM will recall more than 3.3 million vehicles in China: market regulator
General Motors' joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China's market regulator said on Saturday......»»
GM will recall more than 3.3 million vehicles in China - market regulator
General Motors' joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China's market regulator said on Saturday......»»
Honda and GAC Group to build $430 million Chinese plant for new-energy cars
Honda Motor Co's joint venture with GAC Group will invest 3.27 billion yuan ($469 million) in new-energy vehicle production in China, GAC said in a stock exchange filing on Wednesday......»»
Top Analyst Upgrades and Downgrades: Aetna, Baker Hughes, Chesapeake Energy, Cognizant, Cummins, Eli Lilly, GE, Qualcomm, Weatherford and More
The top analyst upgrades, downgrades and initiations seen on Wednesday included Aetna, Baker Hughes, Chesapeake Energy, Cognizant Technology Solutions, Cummins, Eli Lilly, General Electric, Qualcomm........»»
URE obtains NT$10.13 billion loan
United Renewable Energy (URE) has disclosed it has signed with eight local banks for a 3-year syndicated loan of NT$10.13 billion (US$329 million)......»»