Published on 26 May 2016
TheStreet
TheStreet
Brent
crude tops $50 a barrel for the first time since November. The gains
came after bullish inventory data released by the U.S. Department of
Energy showed a 4.2 million barrel reduction in oil stocks. Analysts
polled by the Wall Street Journal had expected a decrease of 2.5 million
barrels. Takata hired investment bankers to seek a cash infusion and
negotiate with automakers over the ballooning costs it faces for
rupture-prone airbags. The problem airbags have been linked to 11 deaths
and 100 injuries worldwide. The Wall Street Journal says the company
hopes to find a financial investor or automotive company to provide more
cash, and reach a deal with car makers on sharing the costs of the
recall. Costco
No comments:
Post a Comment