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Business News Archive - May 02, 2007

DFW INTERNATIONAL AIRPORT, Texas, May 2 /PRNewswire/ -- DFW International Airport, EDS and the Salesmanship Club of Dallas are joining together for one final push to raise money for charity.

Valero Energy Corporation (NYSE:VLO) announced today that it has agreed to sell, subject to regulatory approvals, its 165,000 barrel per day refinery in Lima, Ohio to Husky Energy Inc. (TSE:HSE) for $1.9 billion, plus net working capital estimated at $200 million to be valued at closing.

Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.