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Kansas gas prices continue to inch up

The states with the cheapest average gasoline prices are: SC ($2.07), Alabama ($2.09), MS ($2.10), Arkansas ($2.10), Missouri ($2.10), Oklahoma ($2.11), Tennessee ($2.13), Texas ($2.15), Louisiana ($2.16) and Virginia ($2.17). Prices in Kenton were up slightly as well this week. US crude oil inventories fell by 6.5 million barrels in the week ended August 4, according to federal data released last Wednesday.

Business

Wall Street ends up slightly, snapping three days of losses

S&P 500 index futures slipped 5.10. points, or 0.1%, to 2,434.50, while Dow Jones Industrial Average futures fell 16 points to 21,820. The Nasdaq composite lost 114 points, or 1.8 percent, to 6,237. In Toronto, the composite index S&P/TSX has, nevertheless, yielded 40,87 points, to close at 15 033,38 points. Viacom Inc. slid 60 cents, or 1.9 percent, to $30.17.

Business

Grab limits surge charges after Uber suspension

Cu added that they stand with the Land Transportation Franchising and Regulatory Board (LTFRB) in suspending Uber. "We apologize to our riding public for this inconvenience", Uber said in a statement. Uber said it continued to accept new applications for drivers amid strong demand for the service, but did not process them. According to Filipino media outlet ABS-CBN , LTFRB board member Aileen Lizada texted the Manila metropolitan authority to say: "Uber is online again".

Business

South West Train derailment at Waterloo causes major travel disruption

Pictures emerged on social media of a train leaning up against an engineering wagon. London Ambulance Service paramedics checked over three people but said nobody was injured. There were also problems at King's Cross station on Tuesday morning as a train hit buffers when it arrived at 6.20am. National Rail has now warned there will be "major disruption" between Waterloo and Vauxhall stations until the end of the day.

Business

Trump orders probe of China's intellectual property rules

While China joined in a unanimous UN Security Council decision to tighten economic sanctions on Pyongyang , Trump has kept up pressure on Beijing to do more. He suggested that more steps would be taken against China on trade issues. If an investigation begins, the US government could seek remedies either through the World Trade Organization or outside of it.

Business

VF Corp invests in workwear with Dickies acquisition

VF Corp is the maker of popular apparel brands such as Timberland , Wrangler. Fort Worth, Texas-based Williamson-Dickie has been a leader in the workwear business for nearly 100 years and has annual sales of $875 million. The firm also raised its 2021 targets: revenue is now expected to grow at a five-year compounded annual growth rate (CAGR) between 5 percent and 7 percent to more than $15 billion, versus the previous expectation of a 4 percent to 6 percent five-year CAGR - including ...

Business

Sapphire Radeon RX Vega 64 Pictured, Features Liquid Cooling Mechanism

While AMD's new cards aren't expected to steal the show from Nvidia, early reviews suggest AMD's products should be able to hold their own in the market. The Radeon RX Vega is created to compete with newer GPUs on the market, specifically Nvidia's Pascal which released a year ago. The images tell that Sapphire Radeon RX Vega 64 is named RX Vega only, instead of traditional full name.

Business

Stocks, dollar climb as N.Korea worry fades for now

Australian shares were down 1.3 percent, set for a weekly loss of 0.6 percent and Chinese and Hong Kong bluechips lost 1.6 percent and 1.9 percent respectively. The yen tends to benefit during times of geopolitical or financial stress as Japan is the world's biggest creditor nation and there is an assumption that Japanese investors there will repatriate funds should a crisis materialise.

Business

Shares in Tesla Inc. (NASDAQ:TSLA) Acquired by Accuvest Global Advisors

The brokerage now has $367.97 price objective on the electric vehicle producer's stock. Ltd.'s holdings in Tesla were worth $869,000 as of its most recent filing with the SEC. The company reported the earnings of $-1.33/Share in the last quarter where the estimated EPS by analysts was $-1.82/share. (TSLA) is -1.33 while the analysts predicted the EPS of the stock to be -1.82 suggesting the company fell short of the analysts' expectations.

Business

Target Acquires Tech Company to Expand Same-Day Delivery

In June, Target launched a next-day delivery service in Minnesota called Target Restock. According to the company's website, Grand Junction is the only provider of same-day delivery in every market in the U.S. Target plans to expand the service to other NY locations this year, and then bring it to other major cities next year. In 2015, it partnered with Instacart for same-day grocery deliveries.

Business

S&P suffers weekly loss amid ongoing US-N.Korea tensions

MSCI's broadest index of Asia-Pacific shares outside Japan skidded 1.55%, its biggest one-day loss since mid-December. MSCI's world equity index gained 0.75 percent and the USA benchmark S&P 500 rebounded to close up 1 percent after its biggest weekly loss in nearly five months, marking just the third time the US benchmark has boasted a 1-percent daily gain in 2017.

Business

Fiat Chrysler Automobiles NV (NYSE:FCAU) Stock Rating Reaffirmed by Morgan Stanley

Three analysts have rated the stock with a sell rating, four have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The Coca-Cola Co (NYSE:KO) now has a PEG ratio of 9.46 where as its P/E ratio is 47.69. FormulaFolio Investments LLC bought a new stake in shares of Fiat Chrysler Automobiles N.V.

Business

BBC television programme puts airport alcohol sales in the spotlight once again

In a survey of 4,000 workers by Unite, one in five said that they had been assaulted by members of the public, while more than 50% reported that they had witnessed verbal, sexual or physical harassment. Ryanair's Kenny Jacobs said: "This is an issue which the airports must now address and we are calling for significant changes to prohibit the sale of alcohol at airports, particularly with early morning flights and when flights are delayed".

Business

Fleas in two Arizona counties test positive for the plague

The plague was transmitted through fleas , which themselves were transported around by rats. County officials advise against allowing pets to run free, as they could pick up infected fleas . Cats with plague can also pass the disease on to humans directly thorough respiratory droplets. It's not the first time the plague is reported this year.

Business

Egyptian train crews held following fatal crash

East Alexandria top prosecutor Walid al-Behairy ordered, on Sunday, blood samples from the two drivers for a drug test. A lack of financing has hampered Egypt's long-overdue plan to modernise and restructure its mainline railway sector. Passenger Moumen Youssef said: "The train I was riding was going very quickly". The crash also injured 123 people, the ministry said in a statement.

Business

Dollar hits 8-week low vs yen, N.Korea tensions spook investors

The euro edged 0.3 percent lower to 1.1726 against the dollar. In the first four days of the week, the Standard & Poor's 500 index swung from marking its latest record high to posting its biggest single-day drop in almost three months. The dollar index slipped to a one-week low on Friday after the USA data. US producer prices unexpectedly fell in July, pointing to a further moderation in inflation that could delay a Federal Reserve interest rate increase.

Business

North Korea standoff wipes $1trn off global stocks

Investors also took cover in the yen, the Swiss franc and gold . Overnight, Wall Street closed sharply lower after Trump , with fiery rhetoric, warned Pyongyang against attacking Guam or US allies after it disclosed plans to fire missiles over Japan to land near the US Pacific territory.

Business

Uber rolls out its in-app tipping feature to the UK

Uber is now letting passengers tip their drivers in Britain. Rival firm Lyft has offered a similar service in the USA since 2012. "That's why - from two minutes after the driver arrives at the pick-up point - riders will pay 20p for every further minute they keep their driver waiting".

Business

Tokyo shares drop in early trade

USA stock futures rose 0.6%, suggesting a higher open later in the day. Instead they were keeping watch on North Korea and the United States for further clues in their standoff over Pyongyang's threat to launch missiles towards the western Pacific island of Guam, a U.S.

Business

Sessions: Trump will have more to say on Charlottesville "maybe today"

Attorney General Jeff Sessions said the violent attack Saturday in Charlottesville, Virginia, in which a white supremacist allegedly drove his vehicle into a crowd of counter-protesters at a white supremacists rally, fits the Department of Justice's definition of domestic terrorism.

Business

China's July industrial output, retail sales grew less than expected

Analysts had expected the growth rate would remain steady. But economists do not expect any hard landing, with the government keen to ensure stability ahead of a once-in-five-years Communist Party leadership reshuffle in the autumn. Analysts still insist a modest slowdown will come eventually, but have repeatedly pushed back the timing in the face of resilient data. China's industrial output, a key engine of growth, slowed sharply last month, as government efforts to rein in debt weighed ...

Business

Sensex Rebounds 235 Points, DLF Surges 16%

At 9.25 a.m, the Sensex was trading up 149.71 points or 0.48% at 31,363.30 with 23 components gaining. The stock markets in India witnessed a major correction last week as the benchmark Sensex lost over 1000 points in 5 trading sessions. inflation data, which dampened prospects of a rate hike this year, lifted sentiments leading to buying in most of the Asian shares. The Indian rupee opened stronger against the U.S.

Business

Merck CEO quits United States presidential council, Trump lashes out

President Donald Trump lashed out nearly immediately Monday at Merck CEO Kenneth Frazier on Twitter, saying Frazier "will have more time to LOWER RIPOFF DRUG PRICES!" A gathering of hundreds of white nationalists in Virginia took a deadly turn on Saturday when a auto ploughed into a group of counter-protesters and killed at least one person.

Business

Wall Street stops stocks' bleeding, for now; gold, yen tick up

A day earlier, the Standard & Poor's 500 index posted its biggest single-day drop in almost three months following Trump's warning to unleash " fire and fury " if Pyongyang continued its nuclear weapons expansion. The pan-European STOXX 600 fell 0.7 percent, taking its weekly losses to 2.4 percent, its worst since early November past year. CURRENCIES: The euro slipped 0.1 percent to $1.1176 while the dollar was steady at 109.20 yen.

Business

July wholesale inflation rises to 1.88%

The wholesale price index rose 1.88 per cent in July from a year earlier. The rise compares with a 1.3 percent increase forecast by economists in a Reuters poll and a provisional 0.9 percent rise in June - the slowest pace since July 2016.

Business

North Korea Dispute Remains on the Forefront; Dollar Weakens on Inflation

The Dow Jones Industrial Average fell 94.55 points, or 0.43 percent, to 21,954.15, the S&P 500 lost 19.51 points, or 0.79 percent, to 2,454.51 and the Nasdaq Composite dropped 76.39 points, or 1.2 percent, to 6,275.94. The CBOE Volatility Index, the most widely followed barometer of expected near-term USA stock market volatility, rose the most in about 12 weeks. It had retreated to trade nearly flat on the day at 109.17 yen per dollar by 0711 GMT but was still 0.2 percent stronger against ...

Business

White-Supremacist Site Daily Stormer Booted by Hosting Provider

Meanwhile, web hosting company GoDaddy on Sunday said it would no longer host the Daily Stormer for violating their terms of service. It spewed a lot of vitriol against the woman, saying "most people are glad she is dead" and that she had been a "burden on society".

Business

US Stocks Close Slightly Lower, Trimming Earlier Losses

And in a textbook-type cross-asset move toward safety in times of trouble, the Japanese yen hit an eight-week high against the USA dollar while spot gold also reached a two-month high. Disappointing company earnings and outlooks put traders in a selling mood. LACKLUSTER QUARTER: Office Depot sank 24.5 percent after the office supply company's second-quarter results fell short of Wall Street's projections.

Business

Tensions Between US and North Korea Spur Global Stock Sell-Off

That's below the target of 2%, which could convince the Federal Reserve to move more cautiously when it comes to raising interest rates. The wider S&P 500 index was up 0.13% at 2,441.32, while the Nasdaq climbed 0.64% to 6,256.56. The Nasdaq sank 1.5% this week, its worst loss since June 30. It fell 1.43% for the week, the most since the week of March 24. Away from geopolitics, Graham Bishop, investment director at Heartwood Investment Management, said price action overall has been ...

Business

Neymar could finally make PSG debut today

Mbappe netted 26 goals in 44 appearances during his breakthrough season for Monaco in 2016/17, with the club lifting the Ligue 1 title as well as making it to semi-finals of the Champions League. English football club Arsenal's manager Arsene Wenger claimed that the transfer of Neymar from Barcelona to PSG is 'beyond rationality'. Manchester United boss Jose Mourinho had been targeting the 23-year-old for a while, having managed the Brazilian utility man whilst at Real Madrid , ...

Business

Bitcoin Prices Pass $4000 for the First Time

Meantime, the combined market cap reached $135,5 billion, just two days after exceeding its previous record of $127 billion . "There are now over 800 cryptocurrencies out there, though just nine have a market cap in excess of $1 billion". As reported by The Merkle , he sees a huge potential for the cryptocurrency as more institutional investors get comfortable with it. " Bitcoin is benefitting from geopolitical tensions; trading in Japan and Korea has increased significantly over the ...

Business

Arsene Wenger confirms major Arsenal injury boost as 28-year-old returns

Ibrahimovic's made the move from Ligue 1 to the English top flight last season, and managed to score 17 goals in 28 league appearances for the Red Devils, a return Wenger feels his new striker should try and match. "[But] I have known him for a long time". "Yes, because look at what City have done", he said. "There's even a track on it and everything", added Joshua, possibly in reference to rapper Uncle Ed's hilarious anti-Wenger tune .

Business

North Korea nuclear nerves wipe $1 trillion off world stocks

It is "a bullish sign that the equity markets are rebounding somewhat on a Friday, in spite of the fact that investors will need to wait for two days to react to any geopolitical news that comes out over the weekend", said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas.

Business

CBA boss Ian Narev to leave Australian bank after money laundering scandal

It was comparatively a smaller amount than the $12.3 million he received a year earlier. New Zealand-born Narev took over the top job at the Commonwealth in late 2011. Livingstone told reporters the board had full confidence in Narev, and would be looking for someone with a strong moral compass and dedication to transparency to Succeed Narev.

Business

Dow down 100 as global tensions continue to weigh

The reclusive state raised the stakes further with a detailed plan to send a salvo of missiles towards the USA territory of Guam. The U.S. consumer-price index, set for release before Wall Street opens, will be closely monitored by investors for clues on inflation and the Fed's next move, said Mr.


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