Business News Archive - June 07, 2006
By Steven Oberbeck, The Salt Lake Tribune Jun. 7--Mike Peterson Oil Co., one of state's largest gasoline "jobbers," has sold the bulk of its assets to Houston-based Petroleum Wholesale L.P. in a move that marks a major expansion for the Texas company into northern Utah.
- Stoppage; cessation (of labor).
- A standing still or idling (of mills, factories, etc.).