Economy

So Much For The OPEC Deal: Oil Trading Near Multiweek Lows

API figures showed that US crude inventories fell by 8.7 million barrels to 513.2 million in the week to May 26, compared with analyst expectations for a decrease of only 2.5 million barrels. production has put a strain on OPEC members' efforts to curb production to drain a global crude supply overhang. The Organisation of Petroleum Exporting Countries, OPEC , on Thursday said it is too ear... [Full Article...]

London employers expect favourable hiring climate in third quarter

London employers expect favourable hiring climate in third quarter Its poll of 2,109 United Kingdom employers recorded a net score of +5% in regards to hiring over the next quarter, with a positive result indicating plans to increase staffing levels, and a negative one reflecting the opposite. The net employment outlook for the entire U.S.in the third quarter is 17 percent. More than 11,000 employers in the USA participate in the ManpowerGroup Employment Outloo... [Full Article...]

YouTube Musician Had Teen Girls Send Nude Videos: Complaint

YouTube Musician Had Teen Girls Send Nude Videos: Complaint If the Youtube star is proven to be guilty, he faces a minimum of fifteen years in prison! Jones , who lives in Bloomingdale, Illinois, has more than 500,000 subscribers on his YouTube channel and was reportedly on an global tour promoting his music and videos when he was arrested . [Full Article...]

Russia Probe: Senator Schumer invites Trump to testify before Senate

Russia Probe: Senator Schumer invites Trump to testify before Senate In his defense, Sessions could cite a memo written by Deputy Attorney General Rod Rosenstein that criticized Comey over the Hillary Clinton email investigation. . Comey also testified that later, he implored "the attorney general to prevent any future direct communication between the president and me". One of those administration officials, Admiral Michael Rogers, head of the National Security... [Full Article...]

Parents of man released from NK say he's in coma

The release of Warmbier comes on the same day as former National Basketball Association star Dennis Rodman heads to Pyongyang . Tillerson told USA senators at the start of a budget hearing that the State Department had no comment on Mr Warmbier's condition, "out of respect for him and his family". [Full Article...]

Interior Secretary Recommends Shrinking Bears Ears

Interior Secretary Recommends Shrinking Bears Ears Zinke's decision met immediate opposition from Ute Mountain Ute tribal member Regina Whiteskunk, who lobbied for the monument as co-chairman of the Intertribal Coalition. I encourage the president to take this recommendation seriously, and I applaud the secretary for his balanced and responsible proposal. Silbert responded by saying her organization is prepared to take action if the review rec... [Full Article...]

United Kingdom leads the way in worldwide transition away from coal

United Kingdom leads the way in worldwide transition away from coal Renewables such as wind and solar power were the fastest-growing energy sources in 2016, BP said, increasing output by 12%. The company said while renewables still only met four per cent of total primary energy demand globally, the growth in renewables represented nearly a third of the total growth in energy demand in 2016. [Full Article...]

Sessions to face sharp questions on Russia contacts

New Hampshire Sen. Jeanne Shaheen , the subcommittee's top Democrat , said she also was "troubled" by Sessions' cancellation. The comments came a day after a close friend of President Donald Trump was quoted in a television interview as saying the president was considering dismissing Mueller. [Full Article...]

FDA delays revamped nutrition facts panel

FDA delays revamped nutrition facts panel But grocery and convenience stores said their offerings are more complicated and asked for adjustments to the rule. The changes include new serving sizes that more closely reflect the amount of food people actually eat, require the amount of "added sugars" to be listed in grams as a percent daily value and updates the nutrients manufacturers must list. [Full Article...]

Mattis: North Korea 'most urgent' threat

Mattis: North Korea 'most urgent' threat Congress has "sidelined itself from its active constitutional oversight role", Mattis said . Mattis made his comments Monday night in testimony to the House Armed Services Committee . Military installations are prized possessions in congressional districts. Mattis offered the new deadline after facing sharp criticism from Senate Armed Services Committee Chairman John McCain (R., Ariz.) o... [Full Article...]

First Potomac Realty Trust (FPO) Downgraded by Evercore ISI to "Underperform"

It has outperformed by 1.07% the S&P500. We have $13.92 PT which if reached, will make NASDAQ:CTMX worth $14.63M more. Among 6 analysts covering First Ind. Since February 23, 2017, it had 2 insider purchases, and 2 sales for $1.18 million activity. Raymond James downgraded Digital Realty Trust, Inc. If the ratio is less than 1, then we can determine that there has been a decrease in price. [Full Article...]

Golden State Warriors win 2017 NBA Championship, beat Cavs 129-120

Golden State Warriors win 2017 NBA Championship, beat Cavs 129-120 James has 25 points and seven rebounds and Kevin Love finally got on the board after a scoreless first half to keep the Cavaliers' hopes of extending the series alive. The final sequence said it all, as Curry lost his dribble while driving on one end and J.R. Smith buried a left-wing three in transition on the other. [Full Article...]

Uber director David Bonderman resigns from board following comment about women

Uber director David Bonderman resigns from board following comment about women Bonderman, who is a founder of private equity firm TPG Capital, an Uber investor, shortly after wrote an email to Uber staff to apologize, calling his comment "inappropriate". The report was commissioned after a former Uber engineer published a viral blog post containing allegations of widespread sexual harassment and gender discrimination, as well as the institutional failures to handle such ... [Full Article...]

Trading Spotlight on Veltyco Group PLC (VLTY.L) Shares

Since February 28, 2017, it had 0 buys, and 1 sale for $626,273 activity. Peel Hunt maintained the shares of IOM in report on Friday, September 30 with "Buy" rating. The correct version of this article can be viewed at https://www.thestockobserver.com/2017/06/13/liberum-capital-reaffirms-sell-rating-for-sig-plc-shi-updated-updated.html. [Full Article...]

Have the Zelle banks finally found a winning formula?

Have the Zelle banks finally found a winning formula? For reference, Venmo alone handled payments of $17.6 billion in 2016, while the banks in Zelle's network collectively processed $55 billion in person-to-person transactions a year ago. Assembling the Zelle network required fierce rivals to cooperate. The network is the product of an industry consortium called Early Warning Services LLC, whose seven owners have more than 86 million USA mobi... [Full Article...]

Traders Buy Coca-Cola Company (The) (KO) on Weakness Following Insider Selling

Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The Return on Equity (ROE) value stands at 25.2%. The firm had revenue of $9.12 billion for the quarter, compared to analyst estimates of $8.85 billion. [Full Article...]

Sarfraz steers Pakistan past Sri Lanka into Champions Trophy semifinals

However, Sarfraz played purposefully under enormous pressure and led his team past the finishing line. "Allah helped us and that's why Pakistan won today", he said. And he was missed again, on 40, when substitute Seekkuge Prasanna dropped a far more hard chance running in from deep square leg. That moment sparked four successive overs where Pakistan picked up as many wickets for the loss of ... [Full Article...]

Uber fires 20 after harassment investigation

Most complaints were filed by employees at Uber's headquarters in San Francisco. Kerr covers Uber and says the company's actions may be what current employees want to see. She described her Uber experience as a corporate nightmare, detailing instances of sexism, harassment and poor management. Separately, Uber announced Tuesday that it has hired Apple marketing executive Bozoma Saint John , ... [Full Article...]

Sessions says he plans to testify before Senate intelligence panel

Sessions says he plans to testify before Senate intelligence panel The Justice Department, which Sessions heads, has been investigating contacts between the Russian government and President Donald Trump's campaign organization before last November's general election, when Trump was a candidate and had not yet been chosen by American voters to be president. [Full Article...]

Sears to cut 400 full-time jobs, mostly at corporate office

Sears to cut 400 full-time jobs, mostly at corporate office The retailer also has said it would continue taking all the necessary actions needed to reach profitability. The majority of the positions due to be slashed are related to the corporate workforce at Sears Holdings' headquarters in Hoffman Estates. [Full Article...]


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