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
  • A poem in which the author retracts something said in an earlier poem.
The word 'palinode' comes from Greek roots meaning 'again' and 'song'.