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Public asked to cut energy consumption during heat wave

The California Independent System Operator or Cal ISO issued the Flex Alert hoping to avoid blackouts by asking people to conserve electricity during the peak demand time between 2 p.m. People are more likely to use their air conditioners in the late afternoon, with ISO estimating more than 47,000 megawatts will be used each day on Tuesday and Wednesday within its coverage area that serves roughly 80 percent of electricity customers.

Business

Warmbier | Trump calls North Korea 'brutal' after United States student's death

Warmbier, 22, was released last week by North Korea in a coma , but died days later, his family said. Speaking during a meeting with President Poroshenko of Ukraine, Mr Trump appeared to suggest that his predecessor shared the blame for the death of Otto Warmbier, who died after falling into a coma while detained by Pyongyang for more than 17 months.

Business

White House urged to act over death of Otto Warmbier

The Warmbier family announced Tuesday that the 22-year-old will be laid to rest Thursday morning in OH, as Republican and Democratic lawmakers decried his treatment by Pyongyang and floated the idea of banning American travel to North Korea as a first step.

Business

Death of US student held by North Korea shocks fellow ex-detainees

The coroner's office daily report Tuesday included Warmbier in its listings with cause of death termed "pending". During Warmbier's painful stay in North Korea , he was reportedly in a coma. "Travel propaganda lures far too many people to North Korea ", Royce said. "I hope that the president and his team get a lot tougher with China and push them more - because it's not enough, what they've done".

Business

How could Amazon's Whole Foods takeover affect suppliers?

And buying Whole Foods would give Chief Executive Officer Jeff Bezos a ready-made cadre of customers. But based on Mackey's stirring testimony, it would take an very bad lot to make star-crossed lovers out of Amazon and Whole Foods . "The reaction of shareholders suggests that Amazon has left themselves lots of room to pay more for this strategic asset". Facing its worst crisis since going public in 1992, CEO John Mackey has been trying to reduce expenses and lower prices while ...

Business

The Marvell Technology Group Ltd. (MRVL) Issues Q2 Earnings Guidance

It has outperformed by 47.84% the S&P500.The move comes after 9 months positive chart setup for the $9.05 billion company. Fifth Third National Bank reported 1,433 shares stake. The firm has "Hold" rating given on Monday, September 14 by Jefferies. Therefore 39% are positive. Juniper Networks Inc. had 41 analyst reports since July 24, 2015 according to SRatingsIntel.

Business

Trump orders more cash, industry guidance, for apprenticeships

The order reduces the USA government's role in starting and monitoring apprenticeship programs, Politico reported . The order, developed with the help of the Department of Labor , will give businesses, trade unions and other third parties more flexibility to develop "high-quality" technical education programs that could be eligible for expedited review by the Department of Labor, according to an administration official.

Business

Former Queensland mayor Paul 'Mr Ipswich' Pisasale charged with extortion

When asked if he was anxious about the legal proceedings Pisasale said it would be a "worrying time for anybody". Mr Pisasale was known as "Mr Ipswich" after becoming one of the city's most readily identifiable figures. Mr Pisasale remained in the dock, his arms crossed, until that ended. After a 45-minute hearing, Pisasale was granted bail on the condition he stay away from global departure points and not contact witnesses.

Business

McCain: Americans 'Stupid' to Still Want to Travel to North Korea

But on Tuesday, answering a question during an Oval Office meeting with the Ukrainian president, Trump focused on lamenting the length of Warmbier's imprisonment and the delay in securing his release. China, North Korea's main ally, is a strong advocate for negotiations over the North's nuclear program, and Warmbier's death seemed unlikely to change that.

Business

Why Senate Republicans' health care video is so revealing

The Massachusetts Democrat added that efforts to dismantle the health care law and "replace it with a shell that hides as massive tax break to the wealthy" could be a "death sentence" to almost 3 million americans with substance use disorders.

Business

Fastjet recognised as Best African Low-Cost Airline

Dozens of other Skytrax awards were also announced, including one for Air Canada , which took the award for " Best Airline in North America ". The awards won by Turkey's national airline included "Best Airline in Southern Europe", "Best Business Class Onboard Catering", "World's Best Business Class Lounge", and "Best Business Class Dining Lounge".

Business

U.S. demands liberation of three Americans held in North Korea

Otto Warmbier was arrested in North Korea during a sightseeing tour past year. Other companies released statements saying they were reviewing whether to continue taking Americans to the North. citizens - and bar licenses for tourist travel. The news of Warmbier's death reminded George Hunziker, 59, of his younger brother Evan's imprisonment in North Korea after being charged with spying in 1996.

Business

Bring stability to Kashmir, then worry about Maharashtra, Shiv Sena taunts BJP

Even a couple of days prior to Amit Shah calling on Uddhav Thackeray at his residence to discuss the presidential elections, the Maharashtra chief minister had spoken of mid-term elections as something that would favour the BJP , obviously at the cost of Sena's 63 seats.

Business

Stock Roundup: Fairmount Santrol Holdings Inc. (FMSA)

Biehl sold 14,050 shares of the company's stock in a transaction on Thursday, May 4th. On November 7 the company was upgraded from "Neutral" to "Outperform" and a price target of $11.00 was set in a statement from Credit Suisse. Finally, Guggenheim restated a "buy" rating on shares of Fairmount Santrol Holdings in a research report on Monday, March 27th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and ...

Business

Boeing, Airbus compete for orders at air show

It has already gained wide market acceptance, with more than 240 orders and commitments secured from over 10 customers worldwide. The MAX 10 will be 66 inches longer than the MAX 9 and feature new levered main landing gear. The company looks to sign hundreds of orders for its array of aircraft at this week's Paris Air Show , which opened Monday with French President Emmanuel Macron landing at the Bourget airfield in an Airbus A400-M military transport plane.

Business

Modi in Lucknow to lead third International Yoga Day celebrations

For the first time, the rift between the two leaders came to fore when Nitish reportedly insisted the BJP top brass to keep then Gujarat Chief Minister Narendra Modi out of campaigning in 2005 Bihar assembly elections after the United Progressive Alliance (UPA) performed very well in Bihar in 2004 General Elections.

Business

Otto Warmbier's death after North Korea captivity investigated by coroner

Barack Obama defended his administration Tuesday against charges from President Trump that it did not do enough to secure the release of an American student jailed in North Korea . Young Pioneer Tours said on its Facebook page Tuesday morning that Warmbier's death shows that the risk of Americans visiting North Korea "has become too high".

Business

Amazon Hurls Billions Into the Grocery Abyss

Kroger shares were up 1.3 percent at $22.59 on Monday afternoon." Kroger would have to pay in stock, and their stock has been hurting", giving them less leverage to get into a protracted bidding war with Amazon, Culpepper said. "I think it will be great for all parties, for them, for Amazon, for us", says Teneek Stanley, from Baltimore. Whole Foods may just be the beginning.

Business

Fang Holdings Ltd (SFUN) Set to Announce Quarterly Earnings on Tuesday

On average, analysts expect Fang Holdings to post $0.15 EPS for the current fiscal year and $0.16 EPS for the next fiscal year. Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time. Finally, listing services' revenue climbed 41.3% to $34 million, thanks to an increased number of paying members. Fang Holdings had a negative return on equity of 7.47% and a negative net margin of 5.95%.

Business

Cosby trial accuser thanks supporters for love, kindness

While the world doesn't know and may never know how close the jurors in the Bill Cosby trial came to reaching a verdict, one alternate juror broke his silence Monday. Tonight on Channel 11 News staring at 5, hear the arguments that swayed McCloskey against Cosby and why he's happy the case will be retried . One alternate juror, Mike McCloskey, 43, posted a picture of his jury badge on social media and spoke briefly with WDVE-FM in Pittsburgh.

Business

Toshiba to pick govt-led group to buy chips unit, source says

Toshiba needs to raise money after taking massive losses from USA nuclear operations that have puts its survival in doubt. The consortium, whose bid clears Toshiba's 2 trillion yen ($18 billion) minimum, has been seen as one of the strongest suitors for the unit - the world's No.

Business

Erdogan vows "every kind of support" for Qatar

He said Qatar as an independent nation also had the right to support groups like the Muslim Brotherhood , despite its neighbors outlawing the Sunni Islamist group. Leaders pointed to Qatar - look!" followed by "So good to see the Saudi Arabia visit with the King and 50 countries already paying off. Trump said he helped plan the move against Qatar, although a senior administration official told Reuters earlier this week that the United States had no indication from the Saudis or ...

Business

Trump to China: Thanks for trying with North Korea

The 22-year-old, who was released in a coma last week after almost 18 months in detention in North Korea, died on Monday - prompting President Donald Trump to slam the "brutal regime" in Pyongyang. Pneumonia, a blood clot, kidney failure or sepsis could have killed Otto Warmbier, but he nearly certainly never had a chance of recovering, neurologists said Monday.

Business

Integrated Investment Consultants LLC Acquires 350 Shares of Exxon Mobil Co. (XOM)

Bluespruce Investments Lp increased Vantiv Inc (VNTV) stake by 191.27% reported in 2016Q4 SEC filing. Ltd. now owns 7,221,961 shares of the oil and gas company's stock valued at $651,912,000 after buying an additional 6,440,709 shares in the last quarter.

Business

Iraqi premier on anti-terror outreach to Saudi Arabia, Iran

Turkey , one of Qatar's strongest allies, has offered diplomatic support and flown in fresh dairy produce to get around the blockade. "Each campaign is unique and when you deal internationally, they take quite a while", Caret said . "This state is weaponising jihadists and Islamists, it is using this as a weapon of influence", he added. Furthermore, they warned that more than fifty journalists from other Gulf countries now working for Al Jazeera in Doha are under pressure to ...

Business

Tropical storm warning issued for Louisiana's Gulf Coast

Solis). "Potential Tropical Cyclone Three" in the central Gulf of Mexico may be renamed " Tropical Storm Cindy " later Tuesday , if it develops a well-defined center of circulation - the threshold it needs to pass to attain an easier name.

Business

Will OPEC Feud Harm Oil ETFs?

Benchmark Brent crude oil was 15 cents a barrel lower at $49.32 by 07:55 GMT, down around 8 percent from the open of futures trading on May 25, when an OPEC-led policy to cut oil output was extended into the first quarter of 2018. OPEC and other producers including Russian Federation have pledged to cut about 1.8 million barrels per day (bpd) to help reduce global inventories.

Business

Crude Down In Asia On API Build, China Industrial Data Shrugged Off

Adding to the glut is an ongoing rise in US production driven by shale drillers, which has pushed USA output up by 10 percent over the past year to 9.3 million bpd, not far off top exporter Saudi Arabia. That decline pushed both contracts to their lowest since May 5, driving them into technically oversold territory. "There was also a sign of slowing energy demand in China, the world's second largest oil consumer, with a recent survey showing April growth in the country's services sector at ...

Business

Police Blame Road Rage For Murder Of Muslim Teen In Virginia

Police later identified the suspect in Nabra's murder as Darwin Martinez Torres, 22, also of Sterling. Police allege that Darwin Martinez Torres, 22, got into an argument with a teen in the group as the friends returned to the mosque, drove his auto over a curb, chased the group and used a baseball bat to hit Hassanen in a parking lot nearby.

Business

Rice Midstream Partners LP Posted losses of -26.93% in the Last Trade

Finally, TheStreet lowered shares of EQT Midstream Partners, from a "b" rating to a "c+" rating in a report on Thursday, June 15th. The rating was downgraded by Wells Fargo on Monday, January 18 to "Market Perform". After posting $0.36 EPS for the previous quarter, Rice Midstream Partners LP's analysts now forecast -5.56 % negative EPS growth. Brookfield Asset Management Inc.

Business

MSCI inclusion a matter of time for China's A-share market

That said, market participants expect the new weighting of Chinese A-shares in the MSCI Emerging Markets Index will be far below 1%, which means the amount of money flowing into Chinese equities because of its inclusion in the MSCI Emerging Markets Index will be much lower than the amount stated above.

Business

Factors Impacting Oil As Price Marks 7-Month Low

West Texas Intermediate crude, the USA benchmark, dropped 21 per cent from a close of US$54.45 (S$75.34) on February 23, entering a bear market , which kicks in when settlement prices fall at least 20 per cent from their peak. More worrying is the overall global demand-supply situation. USA oil production has been rising quickly this year, feeding the global glut. Instead they have focused on the continued rise in the number of rigs drilling for oil in the United States and signs ...

Business

Tech gains send Dow, S&P 500 to records

The Dow Jones industrial average added 77 points, or 0.4 percent, to 21,461, and the Nasdaq composite jumped 59, or 1 percent, to 6,210. The Nasdaq Composite was up 72.12 points, or 1.17 percent, at 6,223.88. COMMODITIES: Benchmark U.S. crude rose 20 cents, to $45.17 per barrel. Technology shares have led the rally in American markets this year as the financial sector faltered, having risen sharply after Donald Trump was elected last November amid promises of tax cuts and $1 ...

Business

Rio reaffirms coal assets sale to Yancoal

Rio said in a statement it had reviewed additional information, including confirmation of Yancoal's funding plans, confirmation from Yancoal concerning regulatory approvals and improved terms. London-listed Rio Tinto PLC has called a general meeting for June 27 to vote on the deal and Rio Tinto Ltd.in Australia for June 29. Yancoal will also pay a royalty linked to coal prices.

Business

The PAREXEL International Corporation (PRXL) Receiving Somewhat Negative News Coverage, Report Shows

Dean Capital Management owned 0.07% of PAREXEL International Corporation worth $2,258,000 as of its most recent SEC filing. The California-based Blackrock Institutional Trust Company N.A. PAREXEL International Corporation (NASDAQ:PRXL) last issued its quarterly earnings results on Wednesday, May 3rd. After $0.85 actual EPS reported by OSI Systems, Inc.


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