The original Subaru Outback was a definite oddity, basically a Legacy on steroids with a full 7.3 inches of ground clearance. Of course, it didn't hurt for the then-struggling automaker to have signed up Paul Hogan, the Australian actor who was then reaching the height of his fame...
An acquisition of Pioneer Natural Resources could be just as big, if not bigger, than the Anadarko deal, Cramer said. It would depend on the size of the premium, he added. CEO Tim Dove announced he would step down from the office in February following...
MIGUEL MEDINA | AFP | Getty Images The logo of electricity distribution and energy management group Schneider Electric is pictured on Sept 4, 2014 at the company's headquarters in Rueil-Malmaison Schneider Electric reported...
The wind industry invested 26.7 billion euros ($30.05 billion) in new European wind farms in 2018, according to a new report from industry body WindEurope. The investment is similar to recent years but, because of cost reductions, it will finance a record 16.7 gigawatts (GW) in new capacity, WindEurope...
The magic number for Audi at this year's New York International Auto Show is 200 — as in 200 mph and $200,000. Among the numerous new models the German automaker is launching in the Big Apple this week, the spotlight focuses on Audi's R8 supercar which is using the...
Brent traded at around $71.75 on Thursday afternoon, up around 0.2%, while WTI stood at $63.94, around 0.3% higher. "I would say I am most worried about the role U.S. sanctions will play against Iran… It is the most important issue on the supply side...
ConocoPhillips on Thursday announced it has struck an agreement to sell its U.K. oil and gas operations for nearly $2.7 billion, setting up its exit from the North Sea. The Houston-based driller will sell its ConocoPhillips United Kingdom subsidiaries for $2.675 billion to Chrysaor E&P,...
The company enters the all-electric hypercar fray at a competitive time with companies like Rimac and NIO rushing to market ultimate-performance EVs. More established brands are also pushing for performance electrics, as Tesla gears up to build the next Roadster and Porsche puts its Taycan on sale. ...
Constantinides' bill is somewhat less ambitious. It would mandate that all buildings 25,000 square feet or larger meet new standards. That is roughly the size of a freestanding grocery store or a small big box retail space. The statute would apply to more than 50,000...
President Nicolas Maduro is funneling cash flow from Venezuelan oil sales through Russian state energy giant Rosneft as he seeks to evade U.S. sanctions designed to oust him from power, according to sources and documents reviewed by Reuters. The sales are the latest sign of...