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TESORO CORP
Berkshire amasses $4.5 billion stake in Phillips 66Berkshire has amassed a $4.5 billion-stake in Phillips 66, making it the biggest shareholder in the largest United States oil refiner.- Oil-by-rail fight in Washington threatens California gasoline pricesThe hitch in the long-planned project by Tesoro Corp exemplifies growing problems for moving crude oil on trains around the country.
- Bears overwhelm bulls with cheapest stocks since ’88Stock valuations suggest S&P 500 profits may decrease as much as 42% next year amid forecasts for the worst recession in more than two deca...
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