Linens n Things; Chevron
Linens 'n Things, a large home goods retailer has filed for Chapter 11 bankruptcy protection and plans to close 120 of 589 stores,
as mounting debt and the slumping U.S. economy led to two years of losses.
Chevron, #2 U.S. oil company, said Q1 earnings rose 10%; sales +40%; exploration & production profit +76%;
refining & marketing earnings -84%; oil production -1.7%
as mounting debt and the slumping U.S. economy led to two years of losses.
Chevron, #2 U.S. oil company, said Q1 earnings rose 10%; sales +40%; exploration & production profit +76%;
refining & marketing earnings -84%; oil production -1.7%
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