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Exhausted of cold, wet weather? Reno to see more this week

Thursday's temperatures are expected to drop further, with a high of only 12 and wind gusts causing the wind chill factors to fall well below zero, according to the hazardous weather outlook for the National Weather Service. The first big snow is likely to have a small encore into Tuesday morning, according to the National Weather Service . Tuesday's forecast calls for mostly sunny skies with a high of 38 and an overnight low of 16.

Business

Venezuelans rush to ditch 100-bolivar bills after president's sudden ban

He added that his decision to remove the 100-bolivar bill from circulation was "inevitable, necessary and radical". Due to rampant inflation in the country, the notes are almost worthless already, with a current exchange value of approximately 2 cents on the US dollar.

Business

Top GOP leader: Senate to probe reports of Russia hacking

That committee is led by California Rep. Devin Nunes, a strong Trump backer who has also expressed alarm about Russian hacking. "The Russians are not our friends", McConnell said . Trump also tweeted about the report on Monday morning, saying , "Can you imagine if the election results were the opposite and WE tried to play the Russia/CIA card".

Business

Republican leaders join call for probe of Russian hacking of USA election

In October , the US government formally accused Russian Federation of a campaign of cyber attacks against American political organizations ahead of the November 8 presidential election. The White House has also backed a congressional review. Retiring Senate Minority Leader Harry Reid, D-Nev., blamed FBI Director James Comey's letter in the final weeks of the campaign for reigniting controversy around Clinton's private email server and costing her the election.

Business

Board of troubled Italian bank MPS seeks fresh capital

A deal to prop up MPS was thrown into doubt last week after the European Central Bank (ECB) reportedly said it could not have more time to secure the private investment. Italian Premier Paolo Gentiloni told parliament ahead of a confidence vote in his new government on Tuesday that Italy would be prepared "to intervene to guarantee the stability of the institutes and the savings of citizens".

Business

Next Weeks Broker Price Targets For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

JPMorgan Chase & Co. raised shares of Patterson-UTI Energy from an "underweight" rating to a "neutral" rating and lifted their price objective for the stock from $14.00 to $24.00 in a research note on Wednesday, December 7th. The company reported ($0.58) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.63) by $0.05. The firm's revenue was down 59.0% on a year-over-year basis.

Business

Salvation Army makes sure there are no forgotten angels this Christmas

The encounter left a lasting impression on Ruiz. "We usually find that as it gets closer to Christmas, people tend to get a little more generous, so we're optimistic that maybe we can reach that goal this year", says Pinkston. Those interested in volunteering with the Red Kettle Campaign can call Bryant-Cavanah at 402-352-4072. Some donated even more. "Fifteen minutes after I started, a group of girls came by and donated bills", she said.

Business

Trump picks Exxon CEO Tillerson as secretary of state

John McCain, R-Ariz., has been wary of Trump's own ties to the Kremlin throughout his entire presidential campaign. "I don't believe that he would, certainly not consciously, do anything that would contravene the interests of the United States for the potential benefit of his former company".

Business

Venezuela pulling most widely used bill from circulation

The embattled president announced over the weekend that the country's 100 bolivar fuerte (Bf) banknotes will be demonetized in the next couple of days. Pummeled by low oil prices, Venezuela is mired in economic crisis and crippled with the world's highest inflation rate - set to hit 475 percent this year, according to an International Monetary Fund forecast.

Business

Italy's foreign minister asked to be new premier

Interior Minister Angelino Alfano, whose small center-right grouping in the ruling coalition met Mattarella around midday, said his party would support a new mandate for Renzi, although a parliamentary source said last week the PD leader had ruled out - for the moment - staying on as a caretaker.

Business

Rail strike cripples rail services in southern England

In the absence of Southern passengers, Victoria, one of London's main commuter stations, was much quieter than it normally would be. The move followed informal discussions on Tuesday on the first day of a 48-hour walkout by members of Aslef, which halted all the company's services.

Business

Venezuelans prepare for largest currency note to be yanked

The 100-bolivar note is the most widely used one in the South American country. "This is an authoritarian measure". There are about six billion 100 bolivar currency notes in circulation, according to the country's Central Bank figures.

Business

Thousands evacuated as cyclone barrels towards India

Rail and flight services here have been affected, officials said. Special meetings of the officials of Revenue and Disaster Management Department to ensure that all necessary arrangements were took place. The Chennai city, which recorded close to six cms of rains since last night to 8.30 am this morning, has received about 10 cms during the four hours from 8.30 am to 12.30 pm.

Business

Rogue One: Disney CEO insists Star Wars film contains 'no political statements'

And here's another five TV spots... The first-ever standalone spin-off movie from the science fiction film franchise will feature a memorable space journey with a group of Rebel Alliance recruits, including Felicity Jones' character Jyn Erso.

Business

Qatar, Kuwait companies to reduce production from beginning of 2017

Brent crude futures, the worldwide benchmark for oil prices, were trading at $55.76 per barrel at 0211 GMT, up 7 cents from their last settlement. "Overnight we had a knee-jerk rally to the highs, but the market is going to try to analyse" the non-OPEC agreement going forward, said Andrew Lebow, managing partner at Commodity Research Group.

Business

IMF's Lagarde says she was not negligent in payout to French magnate

However, she denied that her decisions had been politically motivated even though Tapie was a friend and supporter of then-conservative president Nicolas Sarkozy . I think we are all a bit negligent sometimes in our life. She arrived at the Court of Justice of the Republic, a tribunal that hears cases against ministers, wearing a dark suit and a patterned scarf.

Business

WashPost: Trump Risks War by Flouting 'One-China' Policy

China's comments came a day after Mr Trump said in a television interview that he did not feel "bound by a one-China policy". While Trump's "undiplomatic" challenge of the "one China" policy is welcomed by some in Taipei, others were anxious businessman Trump might go ahead to trade off Taiwan's democracy for us interests, hurting Taiwan's "ultimate interests".

Business

Beijing warns Trump against change in 'One China' policy

Earnest said that such progress would be "much more hard if tensions are heightened around our One China policy". "If the [one China policy] is compromised or interfered with, any sound and steady development in China-U.S. Trump was extremely clear during the media interview that the United States will not cow down to a third country when it comes to interacting with Taiwan .

Business

Vladimir Putin has 'good, businesslike' relations with Rex Tillerson, Kremlin says

The president-elect and aides said Tillerson's relationship with Russian Federation is strictly business, based on his job with Exxon and Russia's large oil deposits. Tillerson will also face scrutiny from GOP social conservatives. Still others were taking a wait-and-see approach, including Sen. "We welcome having the Rosneft people come over, get a learning [sic] from how we're doing these things today in the environment in the U.S., so they can take it back to Russian Federation and do ...

Business

OPEC chief hails Rex Tillerson pick for secretary of state

Tillerson is the CEO of Exxon Mobil, which Gates acknowledges is "one of many clients" of RiceHadleyGates, Gates' and Rice's consulting firm. The plan is simple enough if Tillerson is approved: Trump will negotiate, and the oil executive will execute.

Business

Gambia's President Jammeh Makes U-Turn, Rejects Election Result

Jammeh told Barrow in a telephone call that Gambian television broadcast that he would accept the election results. The latest official figures gave Barrow a narrower win than initially announced - 43.29 percent of the votes for Barrow and 39.64 for Jammeh.

Business

Donald Trump picks Rex Tillerson to lead State Department

In a release from his transition headquarters in New York , Trump calls Tillerson's career "the embodiment of the American dream". Trump was set to announce Tillerson's nomination Tuesday morning. While the revolutionary gains from shale fracking have poised the U.S.to supply far more of its own energy, Tillerson has said it would be a mistake to step back.

Business

Pack is back: Aaron Rodgers, Green Bay rout Seahawks 38-10

Aaron Rodgers and Davante Adams were on the same wavelength on their opening 66-yard touchdown pass. Rodgers is playing at a remarkably high level. If Wilson goes, so do Seahawks , which was further reinforced Sunday. Nearly 3 1/2 months into this puzzling season, this much is as clear: When Seattle's offense is bad, it is really bad. The run defense remained steady-it ranks ninth in yards allowed-but it should be concerning that linebacker Clay Matthews, who is nursing a shoulder injury, ...

Business

Lockheed's F-35 Isn't Stealthy Enough To Avoid Trump's Latest Attack

The company's shares fell $6.42, or 2.5 percent , to close at $253.11 Monday. Richard Aboulafia, aviation analyst for the research firm Teal Group, said Trump's tweets about companies and programs are an appeal to his base. "We welcome the opportunity to address any questions the president-elect has about the program", he said Monday. While Trump had called for a cancellation of Boeing's Air Force One replacement deal, he didn't go that far with the F-35, instead shining a light on the ...

Business

Stay or go? Tribe gives conflicting messages to protest camp

The pipeline is sited to connect the Bakken shale oil fields in North Dakota to IL via a 1,172-mile route. The pipeline was created to carry crude oil from the Bakken and Three Forks-rapid production areas in North Dakota-to major refining networks in Central America.

Business

Venezuelan rush to unload bank notes before deadline

The 100-bolivar note has lost most of its value over the past few years and is now worth about 2 United States cents (£0.015). The largest denomination, 20,000 bolivars, will be worth about about $5. The biggest bill in Venezuela is the 100 bolivar note. "I have chose to take out of circulation notes of 100 bolivars in the next 72 hours", Maduro said.

Business

Southern loses court bid to halt series of strikes by train drivers

Drivers joined the picket lines Tuesday, ensuring that all of Southern's 2,242 weekday services were canceled. It is possible to say how many people are responsible: precisely 630 members of the Aslef drivers' union backed strike action in a ballot , protesting against a move to driver-only trains that will cost no jobs and have no impact on safety.

Business

Kanye West, David Bowie among notable GRAMMYs snubs

Sia is up for Best Pop Vocal Album (against Adele, Bieber , Ariana Grande and Demi Lovato). The Record of the Year nominees were: Adele (Hello); Beyonce ( Formation); Lukas Graham ( 7 Years); Rihanna featuring Drake ( Work); Twenty One Pilots ( Stressed Out ).

Business

Executions reported as Aleppo battle nears end

The turnaround in the government's fortunes has come through decisive support from its allies Iran and Russian Federation, which has waged a bombing campaign in support of Assad since September past year. Residents in remaining rebel-held territory told AFP they had no hope left. In the government-run sector, some 130 civilians, including 40 children, were killed by rebel shelling.

Business

Chinese yuan tumbles after President-elect Trump's tweets

Vice President-elect Mike Pence told NBC's " Meet the Press " that the call shouldn't necessarily be considered a shift in USA policy. Former U.S. Secretary of State Henry Kissinger, who was White House national security adviser when President Richard Nixon made his historic visit to China in 1972, told a forum in NY on U.S.

Business

Behind the scenes at FedEx on one of the busiest shipping days

Before the holiday season even started, both UPS and FedEx beefed up their seasonal staff and tried to prepare by extending some delivery windows, temporarily dropping delivery guarantees and refunds for some weeks, and stopped promising to deliver express packages by a certain time.

Business

S. Korean president faces possible last day in power

Although Park has said she would stay on as president to see the outcome of a impeachment proceedings at the Constitutional Court, lawmakers say they want to replace her immediately with the prime minister and have already started discussing the possibility of holding elections next year - more than a year before the regularly scheduled presidential election.

Business

Democrats unveil bill to probe Russia's role in alleged election hacks

USA lawmakers are pushing for a government probe into whether Russian Federation may have interfered with the presidential election by hacking high-profile political targets. And on Wednesday, when asked in an interview with Time magazine whether the intelligence was politicized, Trump answered: "I think so". "That became a laughing point, not a talking point, a laughing point".

Business

OPEC Production Jumped Before Global Deal on Cuts, IEA Says

USA crude oil +4.4% at $53.76/bbl and Brent +4.1% at $56.56, getting an extra jolt as Saudi Arabia indicates that it may be willing to take a deeper cut than the 486K-barrel cut it had agreed to in the November meeting. Front-month Brent Crude futures - the global benchmark price - have jumped by 4.82%, sitting at $US56.95 per barrel. "But at the back of our minds, we are confident that this was not (the) real production level, however, we hope this would be compensated with the ...

Business

IS says it shot down Syrian jet near Palmyra

Intense fighting on the city's outskirts Saturday afternoon forced the withdrawal of hundreds of Syrian troops and Shiite militias, according to the Palmyra Coordination Committee. The Britain-based Syrian Observatory for Human Rights said a government jet crashed in the Jazal area. The Observatory said Friday that the IS assault near Palmyra has killed at least 49 pro-government forces.


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