DuPont to repay 10.5 million in Iowa incentives after sale
Iowa leaders approve a settlement requiring DuPont to repay about 7.8 million of 10.5 million in incentives while selling the Nevada cellulosic ethanol plant to Verbio North America. Verbio plans 44 local jobs and 35 million investment to convert corn stover to renewable natural gas.
MENTIONED IN THIS ARTICLE
DuPont
Iowa
Nevada
Verbio North America
Verbio Vereinigte BioEnergie AG
Verbio
Iowa Economic Development Authority Board
Debi Durham
Iowa Economic Development Authority
Durham
David Bernstein
Dow Chemical
Stover
California
Schwedt
Germany
Pinnow
Claus Sauter
Sears seeks buyers while in bankruptcy court ruling
Sears Holdings received court approval to pursue a sale while remaining in business and evaluating offers, facing creditor opposition that a liquidation might unlock more value. The retailer, with 68,000 employees, also disclosed a new 350 million loan from Great American Group and aims to find bidders for about 500 stores by mid December, planning to close around 180 locations.
MENTIONED IN THIS ARTICLE
White Plains
N.Y
Sears Holdings Corp
Sears
Sports Authority
Toys “R” Us
U.S
Ray Schrock
Schreck
Great American Group
Retail group predicts small decline in Cyber Monday shoppers
The National Retail Federation projects 75.8 million Americans will shop online on Cyber Monday, down 3.4 percent from last year. Black Friday shoppers rise to 116.4 million, while Small Business Saturday figures are noted as part of the holiday shopping outlook. The NRF also forecast average spending up 4.1 percent to about $1,007 per buyer.
MENTIONED IN THIS ARTICLE
National Retail Federation
Federation
Auto tariffs delayed as report revisions reviewed
The Trump administration pauses new 25 percent tariffs on imported cars while reviewing a national security report. Experts say consumers could face 3000 to 4000 dollars more per vehicle, with mixed impact for U S and imported cars amid ongoing trade talks and the USMCA.
MENTIONED IN THIS ARTICLE
Trump
Bloomberg
Donald Trump
Ivan Drury
Edmunds
Drury
United States
Kristin Dziczek
Center For Automotive Research
Ann Arbor
Mich
Mexico
Canada
Dziczek
National Automobile Dealers Association
Cariff
U.S
Also Mentioned on This Page
Mberg
Rbio
North America
le Natural
Com
Retail Group
FedEx
Chicago
Imberg
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