Business

by | September 16, 2016 | 08:34

OECD total inventories built by 32.5 mb in July to a fresh record of 3 111 mb, the IEA said, as refinery activities reached a summer peak, crude oil inventories refused to decline until an exceptional storm-related draw hit the USA in late August.

by | September 16, 2016 | 08:34

Protests are planned across the country as part of a national day of action "calling on President Obama to reject this dirty and unsafe proposal", organizers said in a statement. A Dakota Access lawyer said in federal court last week that the portion of the pipeline in North Dakota that's the subject of the legal wrangling would be finished shortly if not for the delays.

by | September 14, 2016 | 02:17

Tolstedt, the fourth highest-paid executive at Wells Fargo , owned 2.5 million shares of the bank's stock and was paid $9.1 million in 2015, according to Securities and Exchange Commission filings. "Spurred by sales targets and compensation incentives, employees boosted sales figures by covertly opening accounts and funding them by transferring funds from consumers' authorised accounts without their knowledge or consent, often racking up fees or other charges", the CFPB said in a statement .

by | September 14, 2016 | 02:04

That big range number puts the Bolt ahead of every single affordable electric vehicle on the market by a long shot. Tesla offers variants with up to 315 miles of range, like the Model S P100D , but that will set you back a staggering $134,500.

by | September 14, 2016 | 01:59

Still, the government's annual report on incomes and poverty portrays an economy that is finally starting to benefit a wider range of Americans, roughly six years after the recovery began. The data might also go some distance toward explaining why President Barack Obama is enjoying the highest approval ratings he has seen since his earliest days in office.

by | September 13, 2016 | 08:26

The man held up Webster Bank, 1041 Main St., about 9:20 a.m. Monday, Capt. Christopher Davis said. The suspect had his face covered and escaped with an undetermined amount of cash, according to police. Police say the man did not display any weapons during the incident. He was wearing a dark baseball cap, a red and white plaid shirt, jeans, and sneakers.

by | September 11, 2016 | 01:56

Liaoning Shidai Wanheng Co., a Chinese fabrics importer and a supplier to Marks & Spencer Group Plc, has made alternative arrangements for shipments that were scheduled with Hanjin . Volkov said at least $10 million was authorized by a Korean court to begin servicing the four ships. "The industry is increasingly interwoven with carriers sharing slots on vessels, so what we are now seeing is huge disruptions in the global container supply chain", said Peter Sand, chief shipping economist for ...

by | September 11, 2016 | 01:59

The South Korean government and the parent of Hanjin Shipping offered the world's seventh-largest container group funds earlier to enable it to free up dozens of its ships stuck in harbours worldwide. Seoul-listed Hyundai Merchant Marine - which could buy some of its rival's assests - fell 3.6 percent. Yim Jong-yong, the Financial Services Commission's chairman, pushed Hanjin to urgently resolve problems over freight stranded at sea, urging its major shareholders and Cho Yang-ho, chairman ...

by | September 11, 2016 | 01:55

Also, profits earned by Apple have not been repatriated from Ireland to the US. He added that "it is simply untrue that Ireland provided favorable tax treatment to Ireland", and warned that "it is very damaging for our reputation to be called into question".

by | September 10, 2016 | 01:54

What are these glorious Chipotle drones testing? After all, as CNN Money noted , San Francisco-based Google "sees far broader potential for drones, including delivering supplies to isolated areas after natural disasters". The project is FAA approved and more projects like it are planned. Interestingly, Mexican food delivery via drone was predicted by years ago by the fictitious tacocopter, but lovers of all things Chipotle should know that this is no elaborate prank.

by | September 10, 2016 | 01:55

Barca will be boosted in attack this weekend by the return of Brazil forward Neymar, who missed the start of the season to play at the Olympics in Rio de Janeiro, leading his country to their first soccer gold medal. "Football is my everything, I haven't learn any work apart from football so every day I make sure when I go to training, I practice very well", Donsu told YFM .

by | September 10, 2016 | 01:45

Ford Motor Co.is expanding its business to include shuttle and bicycle services in select cities as it moves beyond selling cars and trucks. Under its partnership with Motivate , which operates the CitiBike service in New York City, Ford plans to increase the number of bike-share bikes in the San Francisco area to 7,000 from 700 by the end of 2018.

by | September 10, 2016 | 01:46

Credit Suisse reinitiated the shares of HDS in a report on June 17 with "Outperform" rating . On average, analysts predict that HD Supply Holdings will post $2.72 EPS for the current fiscal year. Analyst's mean target price for GM is 36.53 while analysts mean recommendation is 2.30. HD Supply Holdings has 200,720,000 shares now held by shareholders which now trade around the 31.88 mark which totals HD Supply Holdings's market capitalisation to 6.40B United States dollars.

by | September 09, 2016 | 04:38

Ashley later told reporters he was sorry for what had happened. Ashley remained defiant, adding that he remained committed to carrying through his strategic plan for the company over the "next two-to-four years". Other heavyweight investors, such as Legal & General and Hermes Investment Management, are also expected to vote against Mr Hellawell's re-election on Wednesday.

by | September 09, 2016 | 04:38

Draghi could indicate Thursday that the bank is ready to extend the bond-buying program. The euro hit a two-week high of $1.1328, up 0.8 percent on the day, after Draghi said the Governing Council had not discussed an extension of the prorgramme.

by | September 08, 2016 | 01:33

The Australian Dollar New Zealand Dollar (AUD NZD) exchange rate was trending in the region of 1.0403 and the New Zealand Dollar Australian Dollar (NZD AUD) exchange rate was trending in the region of 0.9618 recently. Meanwhile, the RBA is scheduled to announce its benchmark interest rate on Tuesday. The energy sector performed the worst as oil prices inched lower.

by | September 08, 2016 | 01:31

Still, Chipotle investors were heartened by Ackman's involvement. Investors voted to keep the directors at Chipotle's annual meeting in May, but they did pass a proxy-access measure that may make it easier to submit future proposals. The investment firm also cut its stake in Mondelez International Inc. this year. That brought attention to previous foodborne illnesses among Chipotle customers.

by | September 08, 2016 | 01:28

Brent for November settlement lost as much as 20 USA cents to US$47.43 a barrel on the London-based ICE Futures Europe exchange and was at US$47.49 at 9.25am in Tokyo . The price of oil jumped on the countries' statement. "This (Russia-Saudi) agreement is totally devoid of details", he told CNBC on the sidelines of the Singapore conference.

by | September 07, 2016 | 04:45

Local news website NewsOK reported that the EPA told the OCC in a letter on Sunday that it would order Osage County wastewater wells to be shut, but did not specify how many would be affected. Geological Survey. "The disposal wells dispose into the state's deepest formation, the Arbuckle formation, which is right above what we call the basement", Skinner said.

by | September 05, 2016 | 03:31

U.S. President Barack Obama (R) and Secretary-General of the United Nations Ban Ki-moon attend the deposit of instruments of joining the Paris Agreement in Hangzhou , capital city of east China's Zhejiang Province, Sept. If China doesn't, he said, "there will be consequences". China views the South China Sea as an integral part of its national territory. In fact, emissions must continue to reduce in the upcoming years in order to prevent the most catastrophic impacts of climate change.

by | September 04, 2016 | 10:47

There's still some uncertainty about what the storm will do next. However, even though the warnings show Hermine spending most of the weekend gradually moving up the East Coast, the present forecast calls for mostly, partly or completely sunny skies until 6 p.m.

by | September 04, 2016 | 07:31

TVC NEWS Oil edged higher on Friday, supported by the previous session's weakness in the US dollar and Russian comments in favor of a production freeze, though contracts remained on track for the biggest weekly loss in almost eight months.

by | September 02, 2016 | 01:52

Both Microsoft and Samsung have continued to improve the styluses used with their devices, and the newest updates to the Galaxy Note 7 made Apple realize they are way behind their competitors. For example, if the user is on the desktop, the row will feature the standard keys such as toggles for brightness and media. To achieve this, a row of digital function keys sits above the keyboard that will show options according to the program.

by | September 02, 2016 | 01:43

The rocket was to be launched Saturday from Cape Canaveral Air Force Station, which is next to NASA's Kennedy Space Center . Video footage captured smoke bellowing up into the sky from the launchpad following the explosion. The rocket was still standing, although the top third or so was clearly bent over. NASA said Kennedy emergency staff was on standby. The explosion, which caused no injuries, came just shy of one year after Facebook announced it was partnering with French satellite ...

by | September 02, 2016 | 01:44

Those employed in the Indian Railways will not be participating as the government has already constituted a committee to look into their demands for a wage increase under the 7th Pay Commission. CITU said it considers this a deliberate "misinformation campaign" to create confusion and to "sabotage" the nationwide general strike tomorrow. A nationwide strike has been called by trade unions across India, which may bring the entire country to a standstill.

by | September 02, 2016 | 01:43

The Government maintains that no special deal was in place but that appears to be at odds with testimony given by Apple boss Tim Cook to the US Senate in 2013. As often happens, the company didn't actually pay that much: On a cash basis, it has spent about 18 percent of its pre-tax profit on taxes in the last three financial years.

by | September 01, 2016 | 01:43

According to railway officials in Thiruvananthapuram, the derailed coaches have not detached or toppled, which is one of the reasons the passengers escaped unhurt. No injuries or casualties reported . Trains running on first tracks to Thiruvananthapuram and to Thrissur parts have been resumed Monday morning. But the derailment threw rail traffic on Ernakulam-Thrissur route out of gear with 21 trains being cancelled.

by | September 01, 2016 | 01:41

The stock has gotten at least one rating change this morning, that I can see, from Raymond James's Michael Turits , who cut his rating to Outperform from Strong Buy, writing that he thinks the company will capture additional spending in security, but that "we view visibility into its F17/F18 trajectory as lower given the product and margin guidance miss".

by | September 01, 2016 | 01:31

While the company marginally beat the revenue estimate, it missed the EPS expectation by $0.06. The comparable store sales declined 7% due to problems in tourism and flagship stores, hence the fall in results of the company. (NYSE: ANF)'s price to free cash flow for trailing twelve months is 9.28. Have more questions about Abercrombie & Fitch? The institutional sentiment increased to 1.21 in Q2 2016.

by | August 30, 2016 | 15:53

After Yellen's Jackson Hole speech Friday, Fed Vice Chairman Stanley Fischer also suggested that the central bank could act as soon as next month, the Wall Street Journal reports. "After all was said and done, we are still left pondering the most fundamental question, when will the Fed lift off". The CME Group's FedWatch tool showed the market pricing in more than a 30% chance of a hike in September, up from 18% before Yellen and her deputy Fischer spoke.