Global Market Reports

US newspaper round-up: Chevron, General Motors, Lexmark...

Date: Tuesday 28 Aug 2012

Chevron Corp. is hoarding the money it makes from oil and gas operations, prompting investors to wonder if the energy giant is bracing for a spike in costs or will use its $21 billion cash pile to buy a smaller rival. The company's cash level rose 60% over the last year....

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