Energy Transfer Partners has agreed to a drop-down of 100% of its retail business to Sunoco and to transfer its general partner interest and its incentive distribution rights in Sunoco to Energy Transfer Equity.
Industrial production has remained weak and restrained so far in 2015. Some of this may be the strength of the dollar, but much is the weakness that persists in Europe and Asia.
It seems that U.S. drivers are not ready yet to give up their time spent creeping along in a miles-long traffic jam with their hands on the wheel, their eyes on the road and…
The Empire State Manufacturing Survey, the manufacturing report from the Federal Reserve of New York, came out with a six-point gain for the month of July.
The Producer Price Index gain was larger than expected in June. That is good news if you are cheering for the Federal Reserve to begin raising interest rates.
On Tuesday, BHP Billiton said it would take an after-tax charge of $2 billion related to its natural gas assets in the Hawkville field of the Eagle Ford shale play.