Economy

Gas important to future of United States power grid - DOE study

Gas important to future of United States power grid - DOE study President Donald Trump campaigned on a promise to revive the coal industry, and has repeatedly expressed doubts about climate change. Critics of the report say it greatly underestimates the viability of renewable energy and fails to focus in on the robust amount of renewable resources available to operators after grid stabilization, like new battery storage technology and innovative solar powe... [Full Article...]

RJD calls for ED probe into Srijan scam, demands Nitish's resignation

RJD calls for ED probe into Srijan scam, demands Nitish's resignation It has demanded the resignations of chief minister Nitish Kumar and deputy chief minister Sushil Kumar Modi for their alleged involvement in the scam.RJD chief Lalu Prasad has even alleged foul play in the death of Mahesh Mandal, a welfare department official accused in the fund transfer scam. [Full Article...]

MAC Cosmetics to launch Aaliyah collection

MAC Cosmetics to launch Aaliyah collection M.A.C is paying tribute to Aaliyah with a cosmetics collection inspired by the R&B icon. Now, as fans remember her on the anniversary of her death, MAC Cosmetics has announced the MAC Aaliyah Collection, set to debut in summer 2018. Haughton says Aaliyah was a big fan of MAC, and her go-to products were Cherish lipstick , Chestnut lipliner , and Espresso eyeshadow , alongside the since-... [Full Article...]

Amazon to lower prices at Whole Foods starting Monday

Amazon to lower prices at Whole Foods starting Monday Integration is a major aspect, with Amazon Prime eventually set to become the official customer rewards scheme for Whole Foods patrons - with Prime members set to enjoy saving and other benefits. "Everybody should be able to eat Whole Foods Market quality". Customers will find lower prices on items including bananas, eggs, salmon and beef. Amazon's willingness to take lower profit margins ... [Full Article...]

Wal-Mart Stores Inc

Wal-Mart Stores Inc It has underperformed by 2.87% the S&P500. Gulf International Bank Uk Ltd decreased Walmartstore ( WMT ) stake by 2.03% reported in 2016Q4 SEC filing. The value of the company's investment in Wal-Mart Stores, Inc. went from $31,935,000 to $7,775,535,000 a change of $7,743,600,000 for the reporting period. [Full Article...]

Tesla semi reportedly has 200 to 300 miles of range

Tesla plans to test its electric trucks in Nevada. Tesla has made no official statements about how far its electric big rig will travel per charge. The trucking industry represents a new opportunity for electric vehicles. Tesla released this image of what its upcoming freight delivery truck might look like. [Full Article...]

Driverless lorries to be tested on United Kingdom roads

Having software controlling speed will mean the lorries can travel closer together, reducing wind resistance and theoretically making the whole operation more efficient in terms of fuel - that's good news for haulage companies and for the planet as well. [Full Article...]

Qantas eyes Sydney to London direct flights

Qantas eyes Sydney to London direct flights Group wide revenue fell by 1 percent A$16 billion. Qantas expects worldwide capacity to increase in the first half of 2017/2018 by around five per cent, driven by previously announced new routes into growing Asian markets. Within Jetstar International - which includes New Zealand domestic and regional as well as Australia outbound flights among others - it pointed to a successful dual brand ... [Full Article...]

Eleanor Rigby's grave deeds to be auctioned with Beatles song score

Eleanor Rigby's grave deeds to be auctioned with Beatles song score But it wasn't until 1984 that a headstone belonging to an Eleanor Rigby was spotted outside St Peter's Church, in Woolton , Liverpool, where a teenage McCartney and Lennon first met at a summer fete. He said in 1984: "I just liked the name". Even though McCartney has distanced himself from the real-life Eleanor Rigby , Beatles fans who have delved into her life story have unearthed some ee... [Full Article...]

Samsung heir Lee Jae-yong sentenced to 5 years' jail for bribery

Samsung heir Lee Jae-yong sentenced to 5 years' jail for bribery A court will deliver its verdict on Samsung Electronics Vice Chairman Lee Jae-yong on Friday. It marks the downfall for the scion of South Korea's richest family, which controls one of the world's largest consumer electronics companies. [Full Article...]

Valero Energy Corporation (VLO)

Great West Life Assurance Company decreased Smucker J M Co (NYSE:SJM) stake by 31,414 shares to 135,163 valued at $17.36 million in 2016Q4. After the latest check-in, company stock is 0.24% off of the 50 day high and 7.90% away from the 50 day low price. [Full Article...]

Activists Smash 200-year-old Statue to Christopher Columbus

Activists Smash 200-year-old Statue to Christopher Columbus After taping a sign to the monument that reads " The Future is Racial and Economic Justice ", "Ty" crushes the plaque inscribed with "Sacred to the Memory of Chris". Alluding to the growing national controversy surrounding Confederate monuments in the US, he labels "hate-filled monuments" as tools of white supremacy. [Full Article...]

American Eagle Outfitters, Inc. (AEO)

American Eagle Outfitters, Inc. (AEO) As per Tuesday, August 15, the company rating was upgraded by FBR Capital. On Wednesday, April 5 the stock rating was maintained by Jefferies with "Buy". Raymond James Financial Services Advisors Inc. bought a new stake in American Eagle Outfitters during the second quarter valued at approximately $754,000. [Full Article...]

Police remove baby from missing woman's apartment building, woman not found

Police remove baby from missing woman's apartment building, woman not found A newborn was found in another apartment in the building Thurs. afternoon, but there's still no sign of greywind. Police in Fargo, North Dakota, found a healthy, two-day old newborn alive on Thursday, five days after an eight-month-old pregnant woman vanished , PEOPLE confirms. [Full Article...]

Audi drops engine size in new model names

Audi drops engine size in new model names It's always a bit jarring when automakers decide to change how their models are named, but sometimes it turns out for the better. "As alternative drive technologies become increasingly relevant, engine displacement as a performance attribute is becoming less important to our customers". [Full Article...]

Oil prices rise as supply tightens

Oil prices rise as supply tightens Exports of oil and condensates would also be affected as NuStar Energy and Magellan Midstream Partners were also shutting down their Corpus Christi terminals ahead of Harvey. Energy Information Administration, which reported Wednesday that domestic crude stockpiles were reduced by 3.3 million barrels over the last week, in line with analysts' estimates . [Full Article...]

Rand trades weaker as focus shifts to Jackson Hole conference

Rand trades weaker as focus shifts to Jackson Hole conference So the big question tomorrow is whether Draghi wants to send EUR/USD to 1.20 before the European Central Bank meeting or give it the opportunity to ease off its highs before reigniting the rally and we think he will choose the former rather than the latter. [Full Article...]

Apple's next data center will be in Iowa

Apple's next data center will be in Iowa Apple's investment of $1.3 billion will create over 550 construction and operations jobs in the Des Moines area, and the company is contributing up to $100 million to a newly created Public Improvement Fund dedicated to community development and infrastructure around Waukee. [Full Article...]

A Look Under the Hood at Signet Jewelers Limited (NYSE:SIG)'s Profitability

A Look Under the Hood at Signet Jewelers Limited (NYSE:SIG)'s Profitability Drosos, Chief Executive Officer of Signet Jewelers , said, "Our encouraging second quarter performance reflects Signet's fundamental competitive strengths and the progress we are making on our strategic priorities". If you are viewing this story on another domain, it was stolen and reposted in violation of United States and worldwide trademark and copyright laws. [Full Article...]

JM Smucker Company (The) New (SJM) Saw a New 52-Week Low

JM Smucker Company (The) New (SJM) Saw a New 52-Week Low Quite a few brokerage firms have quite recently commented on SJM Stocks. Mitsubishi Ufj Banking Corp reported 0.07% in J M Smucker Co (NYSE:SJM). Next quarter's EPS is forecasted to be $2.09 and the next full year EPS is projected to be $8.41. [Full Article...]


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