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...But Southwest, which heavily markets its “Bags fly free” policy, endorsed it....
...The 171 Max 9 jets grounded after the Alaska incident are expected to return to service soon....
...significant expansion of the country’s pipeline network, and it’s the first with direct access without having to rely on the United States,” said Lisa Baiton, chief executive of the Canadian Association of Petroleum...
...Lego is fundamentally a product that is petroleum-based. I mean, ABS plastic has a core element of petroleum. Their entire product is based on oil....
...By contrast, many other businesses inside Icahn’s empire, which span automotive services, real estate and even sausage packaging, have struggled to generate meaningful earnings....
...with the claims about energy companies, saying “BlackRock clients have more than $170bn invested in American energy companies” and touted last month’s $550mn investment by a BlackRock fund in Occidental Petroleum...
...Berkshire also added to his positions in Capital One and oil producer Occidental Petroleum....
...Delta is also trying to reduce the time aircraft are out of service for maintenance....
...reading: How the US fell out of love with flying Passengers to keep ‘paying the price’ of aviation chaos, says United CEO Hyper-efficiency is bad business US airlines: higher fares and (hopefully) better service...
...operate, which Southwest disputes....
...A version of this article was first published by Nikkei Asia on April 13. ©2023 Nikkei Inc. All rights reserved....
...With its acquisition, JetBlue aims to take on the US airline industry’s so-called Big Four: American, United, Delta and Southwest....
...The investments, along with purchases of shares in video streaming service Paramount Global and oil majors Occidental Petroleum and Chevron, showed that Buffett and his investment team continued to bet on...
...Separate filings show the company has increased its stake in energy company Occidental Petroleum in recent months....
...Richard Chilton, the founder and chief investment officer of Chilton Investment Company, told the FT he decided to add Berkshire to the company’s holdings after Buffett snapped up shares of Occidental Petroleum...
...The conglomerate bought $7.7bn worth of shares in oil and gas company Occidental Petroleum and boosted its stake in the oil major Chevron....
...Shareholders in Occidental Petroleum last week overwhelmingly rejected a proposal calling on the company to set more detailed emissions reductions targets....
...and also expand services to underserved, and usually more expensive, routes....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Southwest Airlines and Spirit Airlines have also had service failures in the past three months....
...Go deeper Soaring energy prices are reviving the US shale oil industry and yesterday Whiting Petroleum and Oasis Petroleum, two US shale oil producers, agreed a $6bn merger....
...A version of this article was first published by Nikkei Asia on March 21 2022. ©2022 Nikkei Inc....
...“We need treatments for people with mild infections to prevent hospitalisation and lower the burden on overwhelmed health services,” he said....
...However, Alain Harfouche, managing director at investment and advisory financial services group Guggenheim Securities, reckoned such moves were driven more by efforts of reorienting portfolios towards higher-value...
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