Markets
A sense of OPEC divisions a blow to oil prices
According to a Wall Street Journal analysis of data from the U.S. Energy Department and the International Trade Commission, the U.S. exported 1 million barrels of oil a day during some months so far this year, double the pace of 2016. Gasoline futures tumbled four per cent to US$1.4921 a gallon, lowest since May 10, as rising inventories fed worries about weak demand. The rise was driven by ... [Full Article...]
Damian Green appointed First Secretary of State in Cabinet reshuffle
On Friday, it was confirmed that all five of the most senior cabinet ministers would remain in their jobs. Mr Green , who was previously work and pensions secretary and was at university with Mrs May, has also become Minister for the Cabinet Office, a position left vacant by Ben Gummer , who lost his seat in Thursday's general election. [Full Article...]
Theresa May apologises to own MPs for election 'mess'
British Prime Minister Theresa May is in for a hard Tuesday as she is due to hold talks with Northern Ireland's Democratic Unionist Party to secure an informal alliance before meeting French President Emmanuel Macron in Paris. But while Northern Ireland's assembly has passed a similar gay marriage bill, it was blocked by the DUP, whose roots lie in evangelical Christianity. [Full Article...]
Fresh questions for Sessions and he'll answer in public
US Attorney General Jeff Sessions will testify in an open hearing before the Senate Intelligence Committee on Tuesday (Wednesday NZT) be open to the public, according to the committee's leaders. Sessions will answer lawmakers' questions on those matters Tuesday at the hearing. Trump attributed his May 9 dismissal of Comey to the Russian Federation investigation. [Full Article...]
Southgate calls for more clinical England after late Scotland drama
But with only a minute left of injury time captain Harry Kane saved England's unbeaten qualifying record with a cool finish as the game eneded 2-2. But with a famous victory on the cards, Kane levelled in stoppage time to deflate the Tartan Army and the Celtic forward. "I've also seen Scotland's best-ever free kick and then I've also seen Scotland's second-best-ever free kick". [Full Article...]
California winner of $447M Powerball can claim prize Monday
Lottery site USAMega.com estimated the federal tax withholding on the figure if the $273.1 million lump sum was taken would be almost $68.28 million, and state taxes could cost another $24.1 million (with NY the worst offender). Powerball is played in 44 states, Washington, DC, Puerto Rico and the U.S. Virgin Islands. The bonus comes from a separate fund and is not subtracted from the winner's j... [Full Article...]
Ticket sold in California matches all 6 numbers
The winning numbers are 20-26-32-38-58 with a Powerball number of 3. Lottery officials say the earliest that the single winning ticket sold at Marietta Liquor & Deli can be redeemed is Monday. The store is at 27985 Bradley Road in the Sun City community in the city of Menifee. Both amounts do not figure in a deduction for taxes. This year started out tough for Alberre and his father because t... [Full Article...]
Uber to adopt Holder Report recommendations following sexual harassment investigation
Following this Uber board member Arianna Huffington said Kalanick needed to change his leadership style from "scrappy entrepreneur" to a "leader of a major global company". Gautam Gupta is stepping down to join a real-estate start-up, President Jeff Jones resigned amid turmoil in March, and Uber now has no C.O.O. or S.V.P. [Full Article...]
US official makes brief appearance at G7 environment summit
President Donald Trump announced the United States was withdrawing from the Paris accord earlier this month, framing it as a "reassertion of America's sovereignty". Hulot said USA commitments on other environmental issues, notably cleaning up the world's plastic-choked oceans, were not in doubt, and the commitment of industry players to green technologies and renewable energy would not b... [Full Article...]
Low-priced grocery chain ALDI plans more U.S. stores
The expansion will create 25,000 U.S.jobs, the German chain said in a statement . By 2018, Lidl plans to open 100 stores across the USA, stirring up competition with United States grocers by pricing products up to 50% lower than its competitors. [Full Article...]
Dodd-Frank reforms prevail in House; now what?
It will greatly simplify regulations that small banks face and will allow new companies to find the financing they need. The US Treasury Department unveiled a sweeping plan yesterday to upend the country's financial regulatory framework, which, if successful, would grant many items on Wall Street's wishlist. [Full Article...]
Uber chief business officer to leave company amid turmoil
The source tells Recode it's "A story of a workplace gone wrong in a lot of key ways", and the board's Sunday meeting is likely to include some decisive actions in response to the report in order to begin righting the ship and moving on. [Full Article...]
DuPont Fabros Technology Inc
Additionally Dupont Fabros Technology, Inc . recently announced a dividend that was paid on Mon Apr 17, 2017. 04/18/2017 - Dupont Fabros Technology , Inc. (NASDAQ:BUFF), stock is trading $27.50 above the 52-week high. Compass Point upgraded the shares of GPN in report on Tuesday, November 15 to "Buy" rating. [Full Article...]
Magpies' World Cup hero deserves more opportunity to impress
Dominic Solanke, who recently agreed to join Liverpool from Chelsea , won the tournament's golden ball award as top player, scoring twice in the 3-1 win over Italy at the semi-final stage. ENGLAND have conquered the world at Under-20 level, and the players loved every moment. "I am not sure what will happen at Newcastle", he told The Telegraph . [Full Article...]
Bank of America Corp (BAC) Getting Somewhat Negative Press Coverage, Analysis Shows
State Of Tennessee Treasury Department bought 477,138 shares as the company's stock declined 6.00% while stock markets rallied. The New Century Advisors Llc holds 285,100 shares with $6.31M value, down from 391,100 last quarter. The firm earned "Buy" rating on Tuesday, September 1 by Robert W. Baird. Looking out over the past year, company shares have been recorded -7.91% off the 52 week high and ... [Full Article...]
Trump's environment official skipping much of G7 summit
Along with Galleti, other participating ministers would be Barbara Hendricks of Germany, Koichi Yamamoto of Japan, Nicolas Hulot of France and Catherine McKenna of Canada. In a snipe at the Trump administration, Hendricks" ministry on Friday posted a " fact check' of Trump's speech announcing the US withdrawal from the Paris accord, claiming it contains "blatant fallacies". [Full Article...]
Lockheed, USAF hold breath as F-35 pilots report hypoxia
In the meantime, Heyse said the 56th Fighter Wing is continuing a variety of pilot education measures, including an all-call meeting with the JPO team to discuss the events. The incidents have been happening between May 2nd and last Thursday, June 8th, when the base made a decision to suspend flights. The US Marine Corps variant, F-35B, was the first to be declared operationally capable. [Full Article...]
US Forces Assist Philippines in Marawi Battle
An Associated Press journalist and photographer saw a U.S. Navy P3 Orion plane hovering in cloudy skies above Marawi on Friday. "Initial reports indicate that the fierce firefight ensued when the Marines assaulted the reported enemy position at around 3:30 a.m. [Full Article...]
US President Donald Trump Proposes Privatized ATC Reform
Trump is right that while "every passenger has GPS technology in their pockets, our air-traffic control system still runs on radar", circa 1945. "I look forward to reviewing the proposal laid out by the President today". USA towers use pieces of paper to monitor a flight's progress, even as FAA has promised to transition to digital slips, among other technology updates. [Full Article...]
Uber Fires More Than 20 Staff After Sexual Harassment Probe
Bloomberg reports that seven employees have received a written warning. Uber has fired 20 employees stemming from a recent inquiry into an alleged culture of harassment at the ride-hailing company. A summary of the investigation, a effect of allegations made by female staff that a pervasive and toxic "bro culture" existed in the Uber offices, will be made public soon. [Full Article...]