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United States crude climbs higher, gasoline tumbles, as Harvey subsides

Gasoline futures for October delivery declined by 3.3% on August 4 to $1.6906 a gallon, the lowest in more than a week. However, drivers can look forward to mid-September as prices rebalance when refineries get back online, stations make the switchover to less expensive winter blend gasoline, and seasonal demand tapers off.

Business

There Is Now A Fourth Type Of Chocolate, Thanks To Science

Ruby chocolate has an intense taste and characteristic pinkish colour. It's bang-on-millennial-trend-pink hue isn't a result of adding any berries, flavouring or colouring - it comes from the Ruby cocoa bean with which it's made. Consumer research run by independent agencies Haystack and Ipsos in the United Kingdom, the United States, China and Japan tested and validated ruby chocolate.

Business

Ryanair blames flight delays for changes to its two-cabin bag policy

Ryanair said in July it was considering changing its baggage policy, with Ryanair's chief financial officer Neil Sorahan saying at the time: " I've seen two-year-olds wheeling a bag up to the plane as people try to take advantage ". Non-priority boarders, on the other hand, will only be able to take one small carry-on bag; anything deemed too big or with wheels will be taken at the gate and put in the hold free of charge.

Business

Tokyo stocks open lower on North Korea jitters

All told, the financial sector fell 2.2 percent Tuesday, the biggest decliner in the S&P 500 . Mining stocks were some of the biggest risers, with Fresnillo and Randgold Resources both jumping nearly 3%. The Standard & Poor's 500 index slid 18.70 points, or 0.8 percent, to 2,457.85. Barratt lost 3.2% even the home builder said it will return £175m to shareholders in the form of a special dividend as a result of strong fiscal 2017 earnings.

Business

Asia in the Red on North Korea Turmoil

Also not helping Tuesday's US trading were dovish comments from Federal Reserve Governor Lael Brainard , who said the central bank should be cautious about raising short-term interest rates further until policy makers are confident of overcoming the "persistent failure" to reach 2% inflation.

Business

Trump administration ends DACA: 5 things to know

US President Donald Trump on Tuesday ended an amnesty protecting 800,000 people brought to the US illegally as minors from deportation, prompting a political firestorm. Trump as saying immigration successes were "almost entirely due to leadership of President Trump and immigration officers". The program that protects young immigrants who were brought to the USA illegally as children or came with families who overstayed visas has been rescinded.

Business

Draw secures Oceania World Cup berth for New Zealand

The Solomon Islands would hit back, with Micah Lea'alafala scoring from the penalty spot to bring the score on the day to 2-1. The victor of the tie will go on to face the fifth-place team from South American's qualifying section in a final play-off tie to determine who will be at next year's finals in Russian Federation.

Business

England 2-1 Slovakia

Marcus Rashford's fine second-half victor saw England to a 2-1 comeback victory over Slovakia at Wembley Stadium on Monday and put Gareth Southgate's men in touching distance of qualifying for the 2018 FIFA World Cup . England only requires two more points from these games to secure a place in the 2018 World Cup in Russian Federation. The win kept them level with Denmark on 16 points in the tussle for qualification, after the Danes crushed Armenia 4-1 courtesy of a hat-trick ...

Business

Tronc set to acquire New York Daily News

This year, the paper and ProPublica shared the Pulitzer Prize for public service for a series on the New York Police Department's abuse of eviction rules. Buying The News thrusts tronc and its chairman, investor and internet entrepreneur Michael W. Ferro, to prominence in the nation's hyper-competitive media capital.

Business

Millions of Time Warner Cable customer's information exposed after data leak

Charter acknowledged the event but said that it has "no indication that any Charter systems were impacted" in an emailed statement. According to a report published on Kromtech's MacKeeper Security Research Center, two cloud-based data repositories managed by BroadSoft Inc .

Business

Schlumberger NV (SLB) Position Decreased by Bellecapital International Ltd.

High Pointe Capital Management LLC increased its stake in shares of Schlumberger N.V. (NYSE: SLB ) by 28.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm has "Market Perform" rating by Wells Fargo given on Friday, October 23. The company has a consensus rating of "Buy" and a consensus target price of $86.21.

Business

Tit for tat? United States tests interceptor after N Korea tests new missile

The 1o-hour mission is the latest show of force involving US fighter and bomber aircraft as North Korea continues its nuclear weapons and ballistic missile programs. Terrence J. Hours after the announcements by Washington and Seoul, North Korea's official Korean Central News Agency issued a short statement calling the exercises a "rash act of those taken aback" by North Korea's recent launch.

Business

US Successfully Tests SM-6 Missile Interceptor in Pacific

Three short-range missiles were launched on Saturday. The air drills involved two supersonic US B-1B bombers and four USA health F-35B jets alongside South Korean and Japanese fighter jets. The White House issued a press release after the call, stating the "two leaders confirmed their continuing, close cooperation on efforts to address North Korea's launch of an intermediate range ballistic missile that overflew Japanese territory earlier this week".

Business

Despite former RBI Governor Raghuram Rajan's warning, Govt. demonetized currency overnight

Rajan's new book titled, " I Do What I Do: On Reforms Rhetoric and Resolve " is all set release next week. In September past year, Rajan, just a few months before the demonetisation was announced, left the RBI and joined the academia. "Let us not mince words about it - GDP suffered". After the demonetization, Nobel Laureate and eminent economist Amartya Sen had said, "The demonetisation of currency was a despotic act as the government broke the promise of compensation that comes with a ...

Business

AAA: Gas prices expected to keep rising in Florida

Gas prices in Dutchess and Putnam counties averaged $2.65 per gallon as of Friday, an increase of more than 10 cents per gallon from the previous day, according to Gas Buddy, a smartphone application that provides users with information on fuel prices.

Business

Fuel prices will rise heading into Labor Day

Gas prices in Dutchess and Putnam counties averaged $2.65 per gallon as of Friday, an increase of more than 10 cents per gallon from the previous day, according to Gas Buddy, a smartphone application that provides users with information on fuel prices.

Business

Dell CEO Michael Dell pledges $36mn to hurricane Harvey relief efforts

Michael Dell and and his wife Susan made the announcement on Friday along with the launch of the Rebuild Texas Fund with Texas Governor Greg Abbott, reports CNN. "Companies are really starting to leverage their core assets so it's not just checkbook philanthropy", said Marc DeCourcey, senior vice president of the US Chamber of Commerce Foundation.

Business

JJ Watt raises $18 million, donates supplies to Houston victims

His project had raised more than $16 million as of Saturday morning and he has a new goal set for $20 million. "All 10 semi-trucks were donated". Watt's impact on the relief efforts will be felt in the lives of survivors for years to come, and it's all because he cared about something other than football.

Business

Mass. gas prices rise as USA taps petroleum reserve

Petroleum analyst Roger McKnight of En-Pro International Inc. said the long-tail of prices increases could last three months or more as Gulf Coast facilities undergo repairs. Some drivers in the area have reported a 10-15% rise in pump prices overnight. The Saudi-owned Motiva oil refinery is usually responsible for more than 600,000 barrels a day .

Business

Green Bay Packers release former Manitoba Bison Geoff Gray

Players released Saturday must pass through waivers, meaning they can be signed to the active roster of another team. Additionally, the Packers have settled on their 10-man practice squad. He played in three games, seven drives total. However, Seattle has struggled at Lambeau which is always a tough place to go on the road and win, and the line is low enough that I think the Packers are a strong play here to open the season with a win and cover here.

Business

Shares Trading up at $67.88 (MMP) Magellan Midstream Advises Operational…

The Royal Bank Of Scotland Group Plc holds 222,255 shares with $9.03 million value, up from 195,216 last quarter. Dcp Midstream Partners Lp now has $4.61B valuation. Baird on Tuesday, August 1 with "Buy". The firm has "Hold" rating by Jefferies given on Tuesday, August 23. On Monday, January 18 the stock rating was downgraded by Wells Fargo to "Market Perform".

Business

Harvey drives up gas prices

Texas Railroad Commission Chairman Christi Craddick also took to Twitter Thursday to ask Texans to remain calm and not feed into rumors. "There is now NO shortage of gasoline in Texas due to #Harvey". Once in the Midwest, it's either turned into products like gasoline, or it's sent down to refineries in the Gulf - the very ones halting their operations due to the storm.

Business

Ford Motor Company (F) Sees Large Growth in Short Interest

Eads & Heald Investment Counsel now owns 12,500 shares of the auto manufacturer's stock worth $140,000 after buying an additional 2,270 shares during the last quarter. The company announced a dividend for shareholders to be paid on Friday the 1st of September 2017. Investors of record on Friday, September 8th will be issued a dividend of $0.38 per share.

Business

Gasoline Prices Surge as Harvey's Impact Is Felt

They were at $2.59 a gallon on Saturday, according to motorists advocacy group AAA , 16.7 percent higher on average than a year ago. Exxon Mobil Corp (XOM.N) said it was restarting its 560,500 barrel per day (bpd) facility in Baytown, Texas , the second-biggest United States oil refinery, after it was inundated by flooding.

Business

How Federal Flood Insurance Puts Homes at Risk

The law won't apply to many claims or lawsuits arising from Harvey because it caused widespread flood damage, the group's spokeswoman Lucy Nashed said in a statement Monday, echoing what a Texas Department of Insurance employee told the Texas Tribune.

Business

Europe gasoline exports set to surge on Harvey outages

Flooding and power failures have reduced USA fuel-making capacity by about 4.25 million barrels a day. "PES, while continuing to supply local markets in the Mid-Atlantic, has been able to step in and provide supply to the Southeast and continues to look at ways to make more available to the market".

Business

Shikhar Dhawan flies back to attend to ailing mom

In the 4th ODI match, there are so many good partnerships by team India in their batting lineup. For that though, Sri Lanka will need to raise its game significantly, because India is not going to be complacent about this game. Lasith Malinga took over as the skipper for the fourth ODI, but had to endure India romping to 375 for 5. Gunathilaka could, however, return for this game and his presence at the top bodes well for Sri Lanka .

Business

Gas prices surge higher as drivers rush to fill their tanks

Hurricane Harvey and high demand over the Labor Day weekend have pushed gas prices to levels not seen in the Twin Cities for two years. The Labor Day holiday, which falls on September 4 this year, is popularly considered to mark the end of summer, and fuel demand typically drops as Americans return to work and school, pressuring prices.

Business

Hurricane fuels gas-price hike as reserves tapped

USA prices for regular gasoline averaged $2.45 per gallon on Thursday, 10 cents higher than a week ago and 5 cents more than on Wednesday, according to the AAA survey. About 4.4 million barrels of US refining capacity have been shut by Harvey, including the country's largest refiner, Motiva Port Arthur, which can process more than 600,000 barrels a day.

Business

Talking to North Korea won't work

North Koreans watch news of their country's latest ballistic missile launch on a big screen in front of Pyongyang Station in the capital on August 30, 2017 . Security Council resolutions. The KCNA report said the launch was the first of its kind from the capital. The communist state has conducted dozens of missile tests, including 13 this year, with many of them fired at a lofted angle to avoid neighboring territories.

Business

US, Allies in show of force after N. Korean missile launch

North Koreans watch news of their country's latest ballistic missile launch on a big screen in front of Pyongyang Station in the capital on August 30, 2017 . This year's exercise involves 17,500 American troops and 50,000 South Korean soldiers, according to the U.S. military command in South Korea and Seoul's Defence Ministry.

Business

Rory McIlroy upbeat ahead of title defence in Boston

Mickelson said the physical game has been fine, but recently his mental focus and energy level were lacking. "And the ones that I didn't make, they looked like they were going to go in. World number four McIlroy has been hit with injury this year and will be shutting things down in due course but could not resist defending his title at TPC Boston starting on Friday in the second of the PGA Tour's four lucrative playoff events.

Business

How close were Cubs to landing Justin Verlander?

You could argue that Masahiro Tanaka belonged in that group a year ago, and while he's still capable of dominating any lineup, his 4.69 ERA in 2017 is proof that he can't be relied on. He spent five years with Texas and two with the Mariners and is a.248 career hitter with 38 home runs. At the age of 26, in 2009, Verlander rebounded and went 19-9 with a 3.45 ERA.

Business

Union ministers quit ahead of Cabinet reshuffle

Times of India reported that Water Resource Minister Uma Bharti has offered to quit on health grounds. Speaking to, the Uttar Pradesh BJP chief said that he has already conveyed about his resignation to BJP President Amit Shah and will soon be talking to Prime Minister Modi in the regard.

Business

How to Get a Job With FEMA to Help With Harvey Recovery

The category 4 storm brought flooding and destruction to the region, with more than 2,000 people rescued so far, according to Houston police. And disaster relief for Harvey could make Congress' big budget battle both more complicated and easier at the same time.


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