Marathon’s Garyville, Louisiana, refinery fire nearly out, says company
Business

Marathon’s Garyville, Louisiana, refinery fire nearly out, says company

Marathon to evaluate restarting units shut because of fireAug 25 (Reuters) – Marathon Petroleum Corp (MPC.N) said on Friday night a fire at its 596,000 barrel-per-day (bpd) Garyville, Louisiana refinery was nearly extinguished, but fire suppression work was continuing to prevent flareups.The company will begin evaluating restarting units closest to the fire that were shut… […]

Makers of monkeypox drugs face a rash of orders
Business

Makers of monkeypox drugs face a rash of orders

Sep 15th 2022 | CopenhagenMonkeypox isn’t covid-19. Since May the viral disease has infected 35,000 people in 92 countries, less than one-tenth as many as covid infects in a day. Though symptoms, including fever, headaches, muscle aches and a pus-filled rash, can be nasty, it seldom causes death. Critically, in contrast to covid, both a… […]

The rise of the borderless trustbuster
Business

The rise of the borderless trustbuster

It was to be the biggest industrial merger ever. In late 2000 General Electric (ge), the world’s most valuable company at the time, agreed to pay $43bn for Honeywell, a smaller American manufacturer of, among other things, aircraft electronics. Jack Welch, ge’s ceo and America Inc’s capitalist-in-chief, put off his retirement to see it through.… […]

Twitter’s shareholders approve Elon Musk’s $44bn offer
Business

Twitter’s shareholders approve Elon Musk’s $44bn offer

With a fortune of $270bn or thereabouts, Elon Musk is not a man strapped for cash. Thank goodness, for the entrepreneur may soon be compelled to make a sizeable donation to his favourite social-media platform. On September 13th shareholders of Twitter voted to approve the $44bn buy-out offer Mr Musk made in April. The decision… […]