Top Stories

Top execs called to testify before House energy independence, global warming committee

WASHINGTON -- Chairman Edward J. Markey (D-Mass.) and the House Select Committee on Energy Independence & Global Warming have called on top-level executives from the five largest oil companies at a hearing that Markey said is intended to probe the causes of and solutions to America's oil...

Acquisitions coming in retail, refining segments, according to Yemin

BRENTWOOD, Tenn. -- Delek US Holdings Inc. plans to make up to two acquisitions this year, Uzi Yemin, president and CEO said last week at the Citi Refining Conference in New York, according to DTN's OilSpot News. The company is targeting retail as well as refinery assets for potential acquisition,...

U.K. retailer "pausing for breath" for three months on Fresh & Easy expansion in U.S.

EL SEGUNDO, Calif. -- U.K.-based Tesco PLC has halted the rollout of Fresh & Easy Neighborhood Stores, its chain of U.S. grocery/convenience stores, while it reviews the performance of the fledgling business, according to The Telegraph. The three-month "pause for breath" will spark renewed...

Sun Capital Partners doubles retail reach with Worsley, Li'l Cricket buys.
Data skimming from personal plastic has consumers, retailers restless
Retiring Big Oil leader shares his thoughts on his accomplishments and gas prices
Retail headquarters relocate from Illinois to California as part of restructuring
Biometric-payment provider Pay By Touch ceases operations
Prices force motorists to pull back on fuel and discretionary spending
Purchase of 15 Illinois Speedway stores incrementally boosts chain's regional reach.