Thursday, February 20, 2020

Pioneer increases drilling budget while other oil companies shrink theirs - Houston Chronicle

Citing substantial improvements in efficiency, Irving exploration and production company Pioneer Natural Resources plans to increase its drilling budget at a time other oil companies are shrinking theirs.

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In a Wednesday afternoon statement, Pioneer said it made $756 million in 2019, a 22 percent drop from the $975 million the company made a year earlier. The company's annual revenue of $9.3 billion was about flat compared with the $9.4 billion it reported for 2018.

Publisher: Houston Chronicle
Date: 2020-02-20T09:45:00Z
Author: Sergio Chapa Houston Chronicle
Twitter: @houstonchron
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Quite a lot has been going on:

Chester First Aid, Fire, Library submit their budget proposals to the Chesters | Observer-Tribune

CHESTER - The Chester Volunteer Fire Company is seeking a minor budget increase but wait until next year when an expensive ladder truck needs to be replaced.

The Chester Library, First Aid Squad and fire company submitted their budget proposals at a combined meeting of Chester Borough and Chester Township Council's on Tuesday at Chester Borough Hall.

Because the Chesters both contribute to the budgets of the organizations, they meet jointly to hear the requests of the organizations they both fund. At its conclusion the Chester Township Council left to hold its regular meeting in Chester Township while borough officials conducted business after a 10-minute recess.

Publisher: New Jersey Hills
Author: MARK KITCHIN Staff Writer
Twitter: @ObserverTribune
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Budget 2020: Everything S'pore Startups And SMEs Need To Know

In the Ministry of Finance (MOF)’s Budget for 2020, a large amount of focus and resources go into helping businesses and industries overcome recent challenges.

Singapore’s economy grew by a modest 0.7% in 2019, its weakest growth since the financial crisis of 2008.

Just as the global economy was beginning to recover, the COVID-19 outbreak hit unexpectedly last month, said Finance Minister Heng Swee Keat, bringing “new uncertainties”.

Publisher: Vulcan Post
Date: 2020-02-18T12:36:14 00:00
Author: Alanna Tan
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Stocks to Watch: L Brands, Hyatt Hotels, Avis Budget, Zillow - WSJ

Here are some of the companies with shares expected to trade actively in Thursday's session. Stock movements noted by ticker reflect movements during regular trading hours.

L Brands: The company is near a deal to sell control of Victoria's Secret to a private-equity firm, in a transaction that values the lingerie brand at about $1.1 billion, according to people familiar with the matter.

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Publisher: WSJ
Date: 2020-02-20T10:21:00.000Z
Author: James Willhite
Twitter: @WSJ
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Other things to check out:

A pragmatic Budget amidst a challenging environment - The Hindu BusinessLine

Recalling the history of Air India leaves one with sadness and a sense of nostalgia, says Ashwini Phadnis

To protect investor money, the regulator has sought to end practices such as misselling and opacity in fees

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Mumbai's CIMA Art Mela — the first to be held in the city — gave emerging artists a platform to connect with ...

Sea level rise is no longer a distant warning, but a clear and present danger. As species disappear and ...

Publisher: @businessline
Date: 2020-02-20T12:48:25 05:30
Author: Kannan Kumar
Twitter: @businessline
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Publishing company monopolizes libraries’ budget – The Vermont Cynic

During the UVM SGA meeting Jan. 21, Dean of Libraries Bryn Geffert stood before the room and explained his dilemma.

UVM libraries' contract with Elsevier, a scientific literature publishing company, grants UVM affiliates access to their ScienceDirect journals. Due to this contract, Geffert said the libraries had to cut over 700 of Elsevier's competitor journals, and cut book purchasing in half.

"We pay Elsevier $1.8 million a year for the single product that consumes 25% of our budget," Geffert said. "We can't afford to pay that, yet at the same time, this is a package of materials that is absolutely essential for faculty and students to do their work. That's the rock in the hard place where we sit right now."

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Publisher: The Vermont Cynic
Author: Sabrina Fiore
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SoftBank-backed Oyo is being called the next WeWork — Quartz

Oyo Hotels & Homes is widely thought to be the new crown jewel in the $100 billion SoftBank Vision Fund portfolio, following the failed IPO and meltdown of office-rental company WeWork, another SoftBank investment. That status has brought a new level of scrutiny to Oyo and its 26-year-old founder and CEO, Ritesh Agarwal.

"Frankly, we understand that there is a tremendous amount of focus on us," Aditya Ghosh, an Oyo board member and former head of the India business, said in an interview last week. "We think we're going at the right pace, but we also understand and are acutely aware of the fact that we have to earn our stripes every day."

Publisher: Quartz
Author: Alison Griswold
Twitter: @qz
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Brownstown trustees approve company to install new gym floor

T he Brownstown Central High School Class of 2020 will be the first to walk on a new gymnasium floor to get their diplomas.

During a meeting earlier this month, the Brownstown Central Community School Corp. board of trustees unanimously approved Cincinnati Floor Co. to install an MVP floor for $145,802. That was the only bid received for the project.

"They said they shouldn't have any problems getting that done," Peters said. "It takes them about a week to cut it out, to get it removed, and then they say it actually takes a long time to get the painting done."

Publisher: Seymour Tribune
Author: Zach Spicer
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