Asset sales

FILE - In this Aug. 27, 2018 file photo, Russian President Vladimir Putin, left, listens to Russian Rosneft CEO Igor Sechin during his flight to visit Chernigovets coal mine, in Beryozovsky, Kemerovo region, Russia. On Tuesday, Feb. 18, 2020, the Treasury Department slapped sanctions on Rosneft’s trading arm and its CEO, accusing the Geneva-based firm of providing a critical lifeline to Venezuela’s President Nicolas Maduro. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP, File)
March 28, 2020 - 6:55 pm
MOSCOW (AP) — Russia's Rosneft has transferred its assets in Venezuela to a company fully owned by Vladimir Putin's government, a move apparently intended to shield Russia's largest oil producer from U.S. sanctions while Moscow continues showing support for Venezuelan President Nicolás Maduro in...
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FILE - In this Nov. 15, 2016, file photo, a mechanized shovel loads coal from an 80-feet thick seam at the Spring Creek mine near Decker, Mont. Montana regulators reached a deal Thursday, March 12, 2020, allowing the state to enforce environmental laws at the mine after it was bought last year by a Navajo-owned company. (AP Photo/Matthew Brown, File)
March 12, 2020 - 5:54 pm
BILLINGS, Mont. (AP) — Montana regulators have reached a deal allowing the state to enforce environmental laws at a large coal mine bought by a Navajo-owned company, officials said Thursday. For months, executives from the Navajo Transitional Energy Company and state officials had been unable to...
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Democratic presidential candidate and former New York City Mayor Michael Bloomberg speaks during a campaign rally at the Buffalo Soldier Museum in Houston, Thursday, Feb. 13, 2020. Houston Mayor Sylvester Turner stands at right. (Elizabeth Conley/Houston Chronicle via AP)
February 18, 2020 - 8:09 pm
SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the trustee...
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February 18, 2020 - 7:24 am
SAN MATEO, Calif. (AP) — Franklin Resources is buying competitor Legg Mason for $4.5 billion, creating a financial company with a combined $1.5 trillion in assets under management. Franklin Resources Inc., which operates as Franklin Templeton, said Tuesday that it will pay $50 for each Legg Mason...
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FILE - In this Feb. 19, 2017, file photo, Wei Jianjun, chairman of Great Wall Motors Ltd., gestures as he speaks during an event celebrating it sales passing the one million mark, at the Great Wall headquarters in Baoding in north China's Hebei province. General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday, Feb. 17, 2020 from officials concerned over job losses. The words behind reads "By 2020, Haval SUV sales will pass 2 million, become the world's biggest specialty SUV brand." (AP Photo/Andy Wong)
February 17, 2020 - 6:29 am
DETROIT (AP) — General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses. The company said in a statement Sunday that it plans to...
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This April 11, 2015, photo provided by EcoFlight shows the White Mesa Uranium Mill near Blanding in southeastern Utah. The Trump administration is asking Congress for $1.5 billion over 10 years to build up a U.S. uranium stockpile, saying it wants to break an over-reliance on foreign uranium that undermines U.S. energy security. The White Mesa facility is one of the sites where production could be ramped up under the proposal. (Dom Smith/EcoFlight via AP)
February 14, 2020 - 10:19 pm
SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside Grand Canyon National Park. The company,...
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Police officers stand near activists outside BP's headquarters to mark the first day of the oil company's new chief executive Bernard Looney, at St James' Square in London, Wednesday Feb. 5, 2020. Around 100 environmental activists mounted the peaceful protest in central London as Bernard Looney prepared to take up his new role. (Victoria Jones/PA via AP)
February 12, 2020 - 12:13 pm
LONDON (AP) — Energy producer BP said Wednesday it wants to eliminate or offset all carbon emissions from its operations and the oil and gas it sells to customers by 2050, an ambitious target born out of pressure to help combat climate change and keep making money. London-based BP's goals include...
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February 11, 2020 - 11:00 am
GENEVA (AP) — Swiss authorities said Tuesday they have opened an investigation into allegations a Zug, Switzerland-based maker of encryption devices was a front operated by the CIA and West German intelligence that enabled them to break the codes of the countries that used their products. A joint...
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February 10, 2020 - 9:58 am
The Simon Property Group will buy mall operator Taubman Realty in a deal valued at around $3.6 billion as those properties continue to struggle along with their retail tenants. Simon Property Group Inc. is the nation's largest mall operator. It said Monday that its operating partnership, Simon...
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In this Jan. 28, 2020, photo a Mobil sign is affixed to an Exxon Mobil fuel pump in Marlborough, Mass. Exxon Mobil Corp. reports financial results Friday, Jan. 31. (AP Photo/Bill Sikes)
January 31, 2020 - 8:35 am
Exxon Mobil's profit slid more than 5% in the fourth quarter of 2019, as the oil giant dealt with weak margins in its chemical and retail fuel operations. The country's largest oil producer posted $5.69 billion in profits, or $1.33 per share, for the quarter. But those profits were boosted by a one...
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