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Company News

CrossAmerica Partners Reports ‘Historic’ Fourth-Quarter Profits

 By Diane Adam on Feb. 27, 2024

Fuel distributor, convenience-store operator attributes increase to higher motor fuel and merchandise gross profit

Mergers & Acquisitions

Final 20% of Pilot Travel Centers Cost Berkshire Hathaway $2.6 Billion

 By Chuck Ulie on Feb. 26, 2024

Figure disclosed in conglomerate’s annual report brings total price of acquisition to about $13.6 billion

Company News

bp Reports 7% Growth in Strategic Convenience Sites in Fourth Quarter

By Rachel Gignac on Feb. 07, 2024

When including TravelCenters of America data, that number reached 60%

Tobacco

Altria CEO Recognizes ‘Progress’ in Growing Smoke-Free Portfolio

By Diane Adam on Feb. 01, 2024

Tobacco company posts fourth-quarter earnings

Company News

Being Competitive With Captive Insurance

By Rachel Gignac on Jan. 26, 2024

Convenience retailers and insurance professionals share insights about the financing alternative

Company News

Parkland Shareholder Is ‘Very Concerned’ Over Recent Board Departures

By Hannah Hammond on Jan. 23, 2024

C-store, fuel company appoints new board member following criticism

Mergers & Acquisitions

Haslam Family Sells Remaining Interest in Pilot Travel Centers to Berkshire Hathaway

By Greg Lindenberg on Jan. 17, 2024

Warren Buffett now owns 100% of travel center company

Company News

Pilot Co., Berkshire Hathaway Settle Valuation Lawsuit

By Chuck Ulie on Jan. 08, 2024

All claims and counterclaims dismissed; trial was to start Jan. 8

Company News

bp Denies $41 Million Payout for Ex-CEO Bernard Looney

By Hannah Hammond on Dec. 13, 2023

Executive resigned in September after failing to disclose full details on past relationships with colleagues

Company News

Casey's Reports Record Earnings Period

By Steve Holtz on Dec. 12, 2023

Retailer excels in both fuel and in-store sales

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