NEW YORK, July 6 (Reuters) - Sunoco Inc (SUN.N) said on Monday it will permanently shut the ethylene complex at its 178,000-barrel-per-day Marcus Hook, Pennsylvania, refinery due to insufficient demand, resulting in the layoff of 40-50 employees.
The complex was the site of a May 17 fire caused by a pipe failure. The root cause of that failure is still being investigated, the company said in a statement. (Reporting by Rebekah Kebede)
WASHINGTON (Reuters) - The U.S. government filed suit against Intel Corp on Wednesday, accusing the chip giant of illegally using its market dominance to stifle competition for a decade.
The man who predicted the fallout from the property bubble says it's still too early to talk about exiting easy money policies. In fact, more stimulus is on the way. Full Article
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