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A report from the Energy Information Administration (EIA) showing crude stockpiles fell more than expected last week lifted sentiment but gains were short lived as investor focus returned to the storm's impact on demand for crude as refineries are not expected to restart for a week or more.
  • Houston Looters Shoot at Cajun Navy, Try to Steal Rescue Boats

    Houston Looters Shoot at Cajun Navy, Try to Steal Rescue Boats

    Financiera

    The so-called Cajun Navy, a loose conglomerate of volunteer boat rescuers that first came together in the aftermath of Hurricane Katrina, was eventually credited with saving some 10,000 people from the ensuing floods. "They can handle their boats better than the average fireman, who handles a boat once a year during annual training", retired Lt. Gen. Russel Honore, told the Washington Post Tuesday.
  • Yellen, Draghi mount defense of post-crisis financial regulation

    Yellen, Draghi mount defense of post-crisis financial regulation

    Financiera

    Cohn has been touted as the leading candidate to succeed Yellen (http://www.marketwatch.com/story/cohn-reportedly-front-runner-to-replace-yellen-as-fed-chief-2017-07-11) when her current term ends in 2017 and he also is seen as an instrumental figure in helping Trump advance fiscal-stimulus pledges including tax cuts.
  • Yellen — Reforms strengthened economy

    Yellen — Reforms strengthened economy

    Financiera

    The Treasury is due to sell $26 billion worth of two-year notes and $34 billion worth of five-year notes next Monday and $28 billion worth of seven-year notes next Tuesday. The economists see a years-long, mostly moderate economic growth with surprisingly low inflation. But the Fed isn't buying what Trump is selling - at least, not yet.
  • Best Buy Lifts FY18 Forecast As Q2 Results Top Estimates

    Best Buy Lifts FY18 Forecast As Q2 Results Top Estimates

    Financiera

    Enterprise comparable sales grew 5.4 percent in the quarter on top of a 0.8 percent rise past year, driven by stronger consumer demand for technology products and by the strong execution of strategy. The High Revenue estimate is predicted as 8.72 Million, while the Low Revenue Estimate prediction stands at 8.58 Million. Several research analysts recently issued reports on BBY shares.
  • Amazon shakes up retail food market

    Amazon shakes up retail food market

    Financiera

    Naysayers can continue to gripe, but our society - and our economy - will ultimately be better off with increased accessibility to good food and increased competition that lowers prices. Amazon's Echo and Echo Dot hands-free smart speakers were now on sale at select Whole Foods branches for the same price they are available on Amazon.com.
  • Texas governor says flooding in Houston may be worst ever

    Texas governor says flooding in Houston may be worst ever

    Financiera

    Pence said Trump , first lady Melania Trump and Cabinet officials would visit Tuesday. It's historic. It's like Texas . "We will assess better how we can help as we get further information about the needs from the ( Texas Catholic Conference of Bishops) and Catholic Charities".
  • Israeli-founded pharma company Kite snapped up for some $11 billion

    Israeli-founded pharma company Kite snapped up for some $11 billion

    Financiera

    In February, Kite Pharma announced that over a third of 100 patients in a trial of vehicle T therapy appeared free of lymphoma six months after receiving one treatment . Buying Kite meets that qualification in terms of positioning the biotech in oncology. Axi-cel will likely face steep and swift competition. While the excitement around the launch of Kite's drug may hold off investor criticism for a while, peace and quiet is not worth $12 billion.
  • $A surges to 4-week high against $US

    Financiera

    Indonesian shares however fell slightly, with Telekomunikasi Indonesia down 0.8% and Bank Rakyat Indonesia 0.7% lower. "Watch these numbers closely for Asian and Australian markets alike". USA oil CLc1 pulled back slightly to $47.82, after Friday's 0.9 percent gain. Gold had almost surpassed its threshold of $1,300/oz. on Friday, when a sudden one-minute trade operation of large volumes of the metal sent prices cascading - just ahead of Fed Chair Janet Yellen's speech.
  • How you can help Houston from Hurricane Harvey's devastation

    How you can help Houston from Hurricane Harvey's devastation

    Financiera

    More than 40 Red Cross volunteers from IN have been deployed to Texas, including Montgomery County's Jerry Gorrell, who is helping feed victims. "As the water recedes and the rescue efforts come down, we'll be ready to go with waves of volunteers who have come in mass throughout the United States to set up shelters and feeding programs as well", explained Brubaker.
  • Global outrage as North Korea fires ballistic missile over Japan

    Global outrage as North Korea fires ballistic missile over Japan

    Financiera

    Still, the latest launches, coming after North Korea last month launched two intercontinental ballistic missiles theoretically capable of reaching the mainland United States, underscore both Kim's defiance of the worldwide community and his determination to press ahead with his missile program.
  • After the Arsenal horror show, is there still a 'Big Six'?

    After the Arsenal horror show, is there still a 'Big Six'?

    Financiera

    If the reason for Alex Oxlade-Chamberlain's discontent at Arsenal is his sluggish personal development, and not the contract terms on offer, then he would be forgiven for eyeing the opposition ranks with envy on Sunday. The bigger the game , the bigger the performance from the Reds. "There had to be a change and they bottled it". Liverpool legend Jamie Carragher has heaped praise on Emre Can following his performance during the Reds win over Arsenal .
  • Uber's CEO Search Is Nearing a Decision

    Uber's CEO Search Is Nearing a Decision

    Financiera

    Khosrowshahi will be responsible for improving Uber's image by fixing tussles among investors, rebuilding employee morale and creating a profitable business after seven years of losses. What role Kalanick has in Uber going forward remains unclear. An Iranian refugee who built his early career in the USA financial industry, Khosrowshahi is facing a new kind of challenge at the ride-hailing company after 12 years running Expedia.
  • Uber appoints Dara Khosrowshahi as CEO

    Uber appoints Dara Khosrowshahi as CEO

    Financiera

    In June Mr Kalanick told employees he needed time off to grieve for his mother, who died in a May boating accident. In February, during a conference call about Expedia's financial results, Khosrowshahi remarked: "H$3 opefully we will all be alive to see the end of next year".
  • Central Bank Confab May Be-Calm Before The Storm — Breakingviews

    Financiera

    Bush, at exactly this time in the process in 2009. Yellen's term as Fed Chair will conclude on Feb. 1. Demonstrators here held a rally outside the conference donning wigs fashioned after Yellen's hairstyle. He pointed out that the last "beginner" who ran the Fed was G.William Miller, an investment banker appointed to the post by President Jimmy Carter.
  • Millions urged to evacuate as Category 4 Harvey makes landfall in Texas

    Millions urged to evacuate as Category 4 Harvey makes landfall in Texas

    Financiera

    But the lingering storm could pump as much as another 20 inches of rain into the coastal plains, and the weather service expects flooding in as many as 82 of its gauge stations in southeast Texas. He added that 1,000 people are involved with search and rescue operations. "City, State and Federal Govs. working great together!" the President wrote.
  • Party poopers: rightwing rally cancelled in San Francisco amid dog poo protest

    Party poopers: rightwing rally cancelled in San Francisco amid dog poo protest

    Financiera

    Tuffington didn't realize he'd made the event public. Amber Cummings, who is organizing the rally against Marxism, said racists and hate groups are not invited to her Sunday event. "As a matter of public safety, it can not be allowed to happen", Wiener told USA TODAY. It's the kind of symbolic image - jackboots landing in dog poop - that any artist would love, not to mention writers of headlines, like this one in The Guardian : "Turd Reich: San Francisco dog owners lay minefield of ...
  • IPhone 8 Video Shows Rear Touch ID Sensor In Action

    Financiera

    The base variant is expected to sport 64GB storage whereas the middle variant will sport 256GB of storage. Despite zero official confirmation from Apple , the iPhone rumor mill has been churning like crazy this year . If this report is to be believed then there are chances that Apple could ditch its traditional physical mute button. Apple is reportedly planning to introduce a new facial recognition feature on the iPhone 8 which will replace Touch ID.
  • Dollar inches up ahead of Jackson Hole policymakers' meeting

    Dollar inches up ahead of Jackson Hole policymakers' meeting

    Financiera

    Elsewhere on the Comex, silver futures were steady at $16.96 a troy ounce. In the mining space, BHP Billiton rose 0.3 percent and Rio Tinto added 0.5 percent. Hong Kong's Hang Seng gained 1.2 percent to 27,852.36, while the Shanghai Composite index was up 1.8 percent at 3,331.52. On the 2 percent inflation goal itself, 53 percent respondents said it should be maintained, while 20 percent believed it should be lowered and 24 percent said it should be ditched altogether.
  • Samsung Heir Found Guilty Of Corruption, Sentenced To 5 Years

    Samsung Heir Found Guilty Of Corruption, Sentenced To 5 Years

    Financiera

    His sentence was the mandatory minimum. "Our ultimate goal is Park's acquittal and release", Kim Won-joon, a 62-year-old former construction worker said. Lee is the third-generation head of a giant, publicly traded conglomerate and critics say that kind of governance is outdated. The other 22 billion won was in donations to foundations allegedly controlled by Choi.
  • Will Nandan Nilekani return to Infosys?

    Will Nandan Nilekani return to Infosys?

    Financiera

    Nilekani made it clear that as the non-Executive Chairman, his role will be oversight, governance and functioning and to help with the CEO search that will include internal and external candidates as well as Infosys "alumni". The new chairman has already had at least one round of talks with company's top leadership, including interim CEO UB Pravin Rao, CFO Ranganath D. Mavinakere, Deputy COO Ravi Kumar S, Mohit Joshi, head of financial services, the company's biggest unit, and head of ...
  • Harvey could dump heavy rain in Texas, Louisiana — The Latest

    Harvey could dump heavy rain in Texas, Louisiana — The Latest

    Financiera

    The storm is becoming better organized every day, and it's forecast to slowly meander closer to the Lone Star State through warm Gulf of Mexico waters in an area with little to no shear - two ingredients for fast storm growth. For others, this is the first hurricane that they can remember. There's some uncertainty to how the storm will progress once it hits land, where it could stall or move further west or north depending on several factors, Smart said .
  • Amazon/Whole Foods Deal to Close, Lower Prices

    Amazon/Whole Foods Deal to Close, Lower Prices

    Financiera

    That means Prime members will receive special savings and other "in-store benefits", according to the statement. He noted Amazon is known for its innovation and said that company could turn Whole Foods from "the class dunce" to "valedictorian".
  • Gold Falls Back To Lowest Level In Nearly a Week

    Gold Falls Back To Lowest Level In Nearly a Week

    Financiera

    Stocks in Southeast Asia were mixed. Earlier, the MSCI index of Asia-Pacific shares outside Japan also rose, shaking off jitters that shook markets after President Donald Trump threatened to shut down the USA government and end the North American Free Trade Agreement.
  • Strange Move: DNC Goes After Trump for 'Empty Promises' on Border Wall

    Strange Move: DNC Goes After Trump for 'Empty Promises' on Border Wall

    Financiera

    Trump has threatened to blow up NAFTA less than one week into the renegotiation of the trade agreement, providing an early indication that the upcoming talks might occur under a cloud of menace. It said it was reviewing the U.S. credit rating "with potentially negative implications". "If your strategy requires you to twist yourself into this big of a pretzel, it might be time for a better strategy", tweeted Mike Casca , communications director for New York City Mayor Bill de Blasio.
  • Infosys Experiences Change at the Top

    Infosys Experiences Change at the Top

    Financiera

    All the more comprehensively, he blamed the board for neglecting to consider Mr. Sikka answerable, and of permitting a move towards a more US-style corporate culture in which pay for top administrators has risen more quickly than that of different workers.
  • Spanish Police Shoot Dead Man Wearing Explosive Belt

    Spanish Police Shoot Dead Man Wearing Explosive Belt

    Financiera

    Catalan police said Sunday that they had unearthed more than 100 gas cylinders among the rubble of a house thought to be used by the Barcelona attackers as a bomb factory - a vivid indication that an even larger assault had been planned.
  • BHP returns to profit and pledges shale assets sale

    BHP returns to profit and pledges shale assets sale

    Financiera

    BHP Billiton insisted that its sale of U.S. shale operations was independent of its row with American activist investors as it revealed a dramatic return to profit. "It's no coincidence that we're talking about those issues now". Overall, it's hard to sustain an argument that Elliott forced BHP to pay a higher dividend, although credit should be given to the fund for putting BHP's shareholder returns under a microscope with their April letter.
  • Stability concerns focus at Fed ahead of Yellen speech

    Financiera

    Fujitsu stock was up 0.82 percent in early trade. Markets also received the Federal Reserve minutes which gave little to celebrate, as policymakers appeared increasingly concerned about weak inflation; pausing in their hiking cycle to determine if the slowdown in prices is transitory.
  • A Playlist For The Solar Eclipse

    A Playlist For The Solar Eclipse

    Financiera

    With the total solar eclipse on August 21 so close, now is the ideal time to get ready to view this once-in-a-lifetime event. Over the central United States, an area of low pressure will be spreading from the northern Great Plains to the Midwest, which will bring clouds and rain.
  • What Time is the Solar Eclipe 2017?

    What Time is the Solar Eclipe 2017?

    Financiera

    The length of totality varies from two to a little over two and a half minutes. The eclipse will last longest near Carbondale, Illinois for 2.44 minutes. I might or might not be joining you. "Never use just plain sunglass, even welding goggles (if they are not the right type) will not work". The conservation district will provide solar eclipse-safe glasses, refreshments and a treat.
  • Ripoll imam radicalized Barcelona attackers

    Ripoll imam radicalized Barcelona attackers

    Financiera

    Police on Friday released photos of Moussa and three other suspected members of the terror cell behind the attacks - Mohamed Hychami, 24, Younes Abouyaaqoub, 22, and Said Aallaa, 18. Premier Li Keqiang expressed condolences on Friday to Spanish Prime Minister Mariano Rajoy over the attacks. All four men were from the small city of Ripoll near the Pyrenees Mountains and Spain's border with France.
  • New York Times: Some Charlottesville Protesters Were Not White Supremacists, Nazis

    New York Times: Some Charlottesville Protesters Were Not White Supremacists, Nazis

    Financiera

    These days they march in broad daylight, Confederate flags fluttering, to demand that their icons - such as pro-slavery General Robert E Lee - continue to be commemorated with statues. Even on Fox News, two black commentators cried and implored the president to take it back. -5:45 p.m.: Richard Trumka, president of the labor group AFL-CIO and Thea Lee, economist at the AFL-CIO, resign .