CVR Energy to acquire Marathon refineries for $4.2 billion

CVR Energy to acquire Marathon refineries for $4.2 billion

CVR Energy to acquire Marathon refineries for $4.2 billion
Nonbank mortgage giant Rocket Cos. closed on a multibillion-dollar credit agreement with JPMorgan Chase on Thursday that will replace the facility it took out while two of its large acquisitions were pending last year. Processing Content The new credit line Rocket will use for general corporate purposes has an initial $2.5 billion capacity and allows…
What started as a conversation in a Washington, DC, steakhouse is now the law of the land. But the architects of the largest housing bill in 30 years worry about its implementation and the housing affordability subjects it didn’t address. It’s now up to cities across the country to determine the success of the bipartisan,…
A Spanish hotel operator is betting on Manhattan’s hospitality recovery. Barcelona-based Eurostars Hotel Company bought the 107-key Chemists’ Club Hotel for about $95 million from Spanish investment firm Azora, sources with knowledge of the deal said. That breaks down to about $888,000 per key for the recently-renovated property at 52 East 41st Street. Azora and…
Key insight: Banks are investing in ever-more capable technology, from new banking apps to AI-enabled back-office systems. But what keeps customers coming back continues to be their relationships with real bankers. What’s at stake: Technology, facilities and strategies are all relatively easy to copy. An educated, engaged, and motivated team is not. Forward look: As…
What’s at stake: Clients who passively allow life insurance policies to lapse or accept surrender values could be leaving substantial capital on the table. Expert quote: “You have to be willing to drop your previous financial plan that the life insurance policy was a tool inside of. … You have to be willing to drop…
12:02 AM, 29th October 2026, 20 hours ago An industry body has urged the Welsh government to support PRS landlords to help tackle the empty homes crisis. Propertymark gave evidence to the Senedd’s Local Government, Housing and Planning Committee on empty homes, calling on the Welsh government to recognise the role private landlords can play…