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Monday, July 22, 2019

Fire forces Philadelphia Energy Solutions to file for bankruptcy again

Philadelphia Energy Solutions (PES) filed for its second Chapter 11 bankruptcy in less than two years on Sunday, a court filing showed, a month after a fire and explosion led to the permanent shutdown of the biggest oil refinery on the U.S. East Coast.


from Reuters: Business News https://ift.tt/2y0A8eP

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IMF warns Trump's plans could backfire on the US

Trump's policies could benefit the US, but not the rest of the world, the IMF says from BBC News https://ift.tt/PbD8yOI