Chevron Concludes Sale Of Geothermal Operations In Indonesia. Chevron Corporation (NYSE:CVX) announced that its wholly-owned subsidiaries have completed the sale of Chevron's geothermal business in Indonesia to Star Energy Consortium.
Definition of failure for Students. 1  1 : a lack of success The experiment resulted in failure. 2  2 : the act of neglecting or forgetting to do or perform I was disappointed by his failure to keep a promise. 3  3 : an instance of not working properly power failure a failure of memory. 4  4 : a loss of the ability to work normally heart failure.
Joe's was one of the businesses to fail in 2009. Business failure refers to a company ceasing operations following its inability to make a profit or to bring in enough revenue to cover its expenses. A profitable business can fail if it does not generate adequate cash flow to meet expenses.