CEO Vicki Hollub announced the sale of OxyChem as a "pivotal step in our transformation," explaining that "the proceeds will be used to immediately strengthen our balance sheet, allowing us to ...

In a recent enforcement action highlighting its ongoing scrutiny of deceptive debt relief schemes, the Federal Trade Commission (“FTC”) has shut down an operation accused of falsely representing ...

Full-year volume guidance has been updated to reflect asset divestitures, with second-half production expected to grow approximately 7% and third quarter production anticipated to be higher than the ...

Rick Van Nieuwenhuyse, President and CEO, opened by noting, "It was a great quarter. Operating earnings were $23 million, net income of about $16 million. I'm really proud of our cash costs, seeing ...

PARIS (Reuters) -Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the first major gambit by new CEO Luca de Meo as he stamps his mark on the ...