Articles
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1 week ago |
wane.com | Joe Carroll
NEW YORK (AP) — Sean “Diddy” Combs, the hip-hop entrepreneur whose wildly successful career has been dotted by allegations of violence, will be brought to a New York courthouse Monday to be tried on charges that he used the influence and resources of his business empire to sexually abuse women. Jury selection is scheduled to begin in the morning and potentially take several days. Opening statements by the lawyers and the start of testimony is expected next week.
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2 weeks ago |
mercurynews.com | Nathan Risser |Joe Carroll |Barbara Powell
By Nathan Risser, Joe Carroll and Barbara Powell | BloombergValero Energy Corp. took a $1.1 billion writedown on its California oil refineries, casting doubt on the company’s future as a fuelmaker in the most-populous US state. The pre-tax charge reflects Valero’s conclusion that “the carrying values of these assets were not recoverable,” according to a statement Thursday.
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2 weeks ago |
bloomberg.com | Nathan Risser |Joe Carroll |Barbara Powell
A Valero gas station in El Cerrito, California, US, on Monday, March 25, 2024. Valero Energy Corp. is expected to release earnings figures on April 25. Photographer: David Paul Morris/Bloomberg(Bloomberg) -- Valero Energy Corp. took a $1.1 billion writedown on its California oil refineries, casting doubt on the company’s future as a fuelmaker in the most-populous US state.
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1 month ago |
news.bloomberglaw.com | Joe Carroll
Household-battery startup Base Power Inc. raised $200 million in Series B funding as the Texas-based firm gears up to expand on a national scale. Participants in the latest fundraising round include Lee Fixel’s Addition LP, Andreessen Horowitz and Lightspeed Venture Partners, Base Co-Founder Zach Dell said in an interview. Also participating in the Series B round are some of Base Power’s initial investors — Josh Kushner’s Thrive Capital, Valor Equity Partners, Altimeter, Terrain, Trust and others.
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1 month ago |
bloomberg.com | Joe Carroll
Power transmission lines near Austin, Texas. (Bloomberg) -- Household-battery startup Base Power Inc. raised $200 million in Series B funding as the Texas-based firm gears up to expand on a national scale. Participants in the latest fundraising round include Lee Fixel’s Addition LP, Andreessen Horowitz and Lightspeed Venture Partners, Base Co-Founder Zach Dell said in an interview.
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California will see almost one-fifth of its crude-processing capacity vanish in the next 12 months as two key refineries quit the business of turning oil into fuels. The likely result: tighter supplies and higher pump prices. https://t.co/NIFqG4dLRN via @climate
Western investors are finally back in the gold market after being largely absent for the past three years https://t.co/1Fo0RJSplH by @helloiamyvonne via @markets
Chinese refiners are importing record amounts of Canadian crude after slashing purchases of US oil by roughly 90% amid escalating trade tensions https://t.co/MxWZsOclSj by @roberttuttle via @markets