Phillips 66 names Mark Lashier as next CEO, replacing Greg Garland

Phillips 66 on Tuesday said Mark Lashier, its chief operating officer, will take over the fourth largest U.S. oil refiner from Chief Executive Greg Garland on July 1.

newspaper

12-04-2022

Ambev to focus more on the long term, less at market gain, says CEO

Brazilian brewer Ambev SA is more concerned with improving return on invested capital than with its market share, said its Chief Executive Jean Jereissati Neto on Tuesday.

newspaper

12-04-2022

Subsidiary of Mexico's Femsa agrees to acquire U.S. distributor Sigma Supply

Mexican bottler and retailer FEMSA announced on Tuesday its U.S. subsidiary Envoy Solutions reached an agreement to acquire the distributor Sigma Supply for an undisclosed amount.

newspaper

12-04-2022

Verdict due in Swiss 'banker of the year' strip club bill trial

Swiss judges will deliver their verdict on Wednesday at the end of a trial of a former top banker and six others that has gripped the nation with allegations of fraudulent deals and huge strip club bills since it began in January.

newspaper

12-04-2022

Phillips 66 CEO Garland to step down

Phillips 66 said on Tuesday Greg Garland will step down as chief executive officer on July 1 after 10 years of being at the helm.

newspaper

12-04-2022

New York lieutenant governor resigns after bribery charges

NEW YORK (Reuters) -New York Lieutenant Governor Brian Benjamin, the state's No. 2 official after Governor Kathy Hochul, resigned on Tuesday after being charged with bribery and fraud for allegedly directing state funds toward a real estate developer in exchange for campaign contributions.

newspaper

12-04-2022

Martin Shkreli's law firm has not been paid, seeks to withdraw

The law firm that defended Martin Shkreli against antitrust charges said it has not been paid, and on Tuesday asked a U.S. judge for permission to withdraw from representing the former pharmaceutical executive best known for hiking the price of a lifesaving medication more than 40-fold.

newspaper

12-04-2022

Biden renews push for sustainable aviation fuel tax credit

U.S. President Joe Biden on Tuesday made a new push for new tax credits for sustainable aviation fuel, a key part of reducing carbon emissions from air travel.

newspaper

12-04-2022