Monthly Archive: April 2018

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Whole life sales poised for an upswing

Whole life insurance sales surged during the frenzy preceding the coming into effect of new tax rules on Jan. 1, 2017. Sales then slowed, unable to match the strength of 2016. However, sales of...

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McDonald’s traffic is heavy, and its profits surge

OAK BROOK, Ill. — Traffic at McDonald’s restaurants was surprisingly strong during the first quarter, pushing the world’s biggest burger chain far past Wall Street expectations. Comparable-store sales in the U.S., where the company has struggled, rose 2.9 per cent. They rose 5.5 per cent globally, which is a lot stronger than the 3.6 per […]

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Marathon bids big for Andeavor and a far-reaching fuel realm

SAN ANTONIO — With drivers beginning to take note of rising prices at the pump, Marathon Petroleum is buying the refiner and pipeline owner Andeavor for more than $23 billion, creating a refiner with an extensive reach across the U.S. Crude oil prices are hovering at the levels not seen in three years and are […]