Business
How Does Hurricane Harvey Compare With Katrina? Here's What We Know
Houston Mayor Sylvester Turner said as of Monday evening more than 3,000 people had been rescued and 8,000 people were in shelters . He said more counties may become eligible for FEMA resources as the effects of the storm become more clear.
Business
Trading Statistics of Best Buy Co., Inc. (BBY)
The stock rose 1.18% or $0.73 reaching $62.6. Bedrijfstakpensioenfonds Voor DE Media PNO acquired a new stake in shares of Best Buy Co. during the second quarter valued at approximately $1,534,000. The legal version of this piece can be viewed at https://weekherald.com/2017/08/28/best-buy-co-inc-bby-shares-bought-by-blair-william-co-il.html. A number of hedge funds have recently modified their holdings of BBY .
Business
Amazon cuts prices of farmed salmon, tilapia in Whole Foods
Large amounts of the stock, which in some cases had been reduced in price to reflect the existing deal with United Kingdom supermarket Morrisons (in some cases up to 43 per cent), is also available from its Prime Now service in city centres, which can deliver products from Amazon, Morrisons and now Whole Foods within the hour.
Business
Saul Saldana caught a fish inside of home flooded by Harvey
A video on Facebook shows a southeastern Texas man splashing around his living room, chasing after a fish that swam its way into the house. Her father, Saul, decided to make the best out of a scary situation and attempted to catch fish that were now swimming throughout his home.
Business
KC gas prices may spike in Hurricane Harvey's wake
Texas is home to 30 of those with a capacity of 5.7 million bpd. The Gulf Coast is an integral supplier of our nation's gasoline, so hurricanes often affect production. Companies operating in the Gulf of Mexico have evacuated drilling platforms and rigs, crimping the flow of oil and gas. The discrepancy between the crude oil benchmarks West Texas Intermediate and Brent is now $5.21 per barrel, the widest in two years.
Business
Uber introduces chat feature, multi-destination option in India
But users and privacy advocates harshly criticised the move, saying it was inappropriate for the company to gather data on where its users were physically located if the information wasn't needed for booking a trip. Expedia's chief executive, Dara Khosrowshahi , will become Uber's new boss. "This is just the beginning, we'll continue to engage with our driver partners and work towards making driving for Uber, not just the most attractive opportunity but also the most preferred choice", ...
Business
UBER's new updates to help yor ride more seamlessly
The option to never track required riders to manually enter pickup and drop-off addresses. Both the new features allow you to ease your riding experience without having to leave the Uber app. Khosrowshahi was formerly head of travel-booking company Expedia and, according to Reuters sources, will soon be taking the helm at Uber. Joe Sullivan said Uber made a mistake by asking for more information from users without making clear what value Uber would offer in return.
Business
SPDR S&P World ex-US ETF (GWL) Rises 0.07% for Aug 28
Currently, the 14-day ATR for New Age Beverages Corp (NBEV) is spotted at 0.31. Mark Tepper, president of Strategic Wealth Partners, said in an interview with CNBC "that he just went overweight on energy names, even as the sector has fallen 17 percent on a year-to-date basis and the price of oil has tumbled 10 percent in that time", while adding "his valuations measurement model is now one standard deviation below its average level".
Business
EU's Brexit chief warns the United Kingdom must start negotiating seriously
Day two of the latest round of attempts to try and hammer out a divorce deal opened after the EU's chief negotiator Michel Barnier accused Britain of ambiguity on key issues like its exit bill and demanded more clarity from London. One EU diplomat said many countries were ready to wait until the end of the year for the divorce deal, rather than the early autumn as the British had hoped.
Business
Red Cross volunteers: behind the scenes of deploying for a natural disaster
And donating directly through a website gets money to a charity faster than a text donation, even though the text might seem easier. "Right now the best thing you can do to help the Red Cross and help the people there is to provide financial resources".
Business
Veeam takes Availability Suite to new VMware Cloud on AWS
DivvyCloud Platform enables consistent policy enforcement and automation of cloud best practices to customers of VMware Cloud on AWS . VMware NSX Cloud: a service that provides networking and security for applications running in multiple private and public clouds, via a single management console and common API .
Business
Crude oil prices fall but gasoline jumps as Harvey hits U.S. refiners
McTeague predicted the average pump price will jump from 88 cents a litre to 95.9 cents a litre or even higher at most gas stations in the city. Kloza says fallout from the hurricane could push up prices another 5 cents to 15 cents next week as a surge in Labor Day holiday demand collides with the pullback in supply.
Business
Harvey Destruction And The Nation's Struggling Flood Insurance Program
For a buyer, if you're looking at a home in flood plain, make sure you properly budget for the more expensive policy. It's "actuarially unsound", with the amount of premiums collected much smaller than the claims paid out, according to analysts at Bloomberg Intelligence.
Business
Bengal CID begins awareness programme on Blue Whale game
Vikram Singh, the father of Parth Singh said that his son was extremely addicted to the online game and was mostly seen playing the game. On Sunday evening, Parth was invited to one of of his friend's birthday party but instead of attending the same he locked himself in a room and was later found dead.
Business
Analyst says Hurricane Harvey shouldn't hike gas prices
The price of a gallon of gasoline in Rhode Island has crept up a penny in the past week, but remains lower than the national average. "Gas prices are up in many places and motorists should be gearing up for more in the coming weeks, thanks to Hurricane Harvey inundating significant refineries along the Texas coastline, leading to closures and tilting the delicate balance of supply and demand", DeHaan said.
Business
Straight Outta Compton star Jason Mitchell tossed from Delta flight
Mitchell was flying standby on a later flight - the one he was recorded pitching a fit on - and the only available seat was "comfort+"... sadly, the situation was anything but comfortable. "Fuck that, I ain't getting off shit" Mitchell said, as other passengers on the flight tried to get him to calm down. Why you gonna make everybody get off the plane? Delta said that Mitchell ultimately left the plane and was taken into custody, but the airline would not be pressing charges.
Business
Anheuser-Busch halts beer production to provide clean water for Harvey victims
WSB-TV says the brewery in Cartersville will be sending the water to Baton Rouge. The Anheuser-Busch Brewery in Georgia announced that it is donating cans of emergency drinking water to those hard-hit by the storm, which has dumped more than 30 inches of rain on parts of southeast Texas.
Business
IL gas prices to rise due to Hurricane Harvey
The least expensive gas price averages in Florida are in Jacksonville ($2.28), Orlando ($2.28), Tampa-St. Hurricane Harvey has devastated parts of Texas . The biggest share-price increases were at refiners with operations far from the Texas Gulf Coast that can take advantage of growing spreads without the risk of damage to their operations.
Business
Oil slips almost 3 percent as U.S. refineries shut ahead of Harvey
Harvey also continued to take a toll on US air travel Saturday, with more than 1,000 flight cancellations as of the early evening, according to FlightAware. Port operations in Corpus Christi and Galveston closed, and the port of Houston said container terminals and general cargo facilities closed around midday Friday.
Business
NY, national gas prices set to rise in wake of Harvey
The auto club says prices could further increase as key oil and gas facilities along the Texas Gulf Coast have temporarily shut down in Harvey's aftermath. According to GasBuddy if prices do rise, it should only be by about 25 cents. Gas is $2.49 a gallon at the Quick Fuel near Iron Street and 12th Avenue.
Business
Gilead to buy Kite for promising cancer therapies in $12 bln deal
The stock increased 1.93% or GBX 5.69 on August 25, reaching GBX 300.69. About 12.72 million shares traded or 59.40% up from the average. Versar Inc. (VSR) has risen 30.42% since August 28, 2016 and is uptrending. The stock of FireEye Inc (NASDAQ:FEYE) earned "Buy" rating by Goldman Sachs on Thursday, March 23. (NASDAQ:GILD) has "Overweight" rating given on Friday, July 24 by Piper Jaffray.
Business
German university team wins Hyperloop competition with their 200 miles per hour pod
A team from the Technical University of Munich in Germany, known as WARR Hyperloop, won a competition hosted by Elon Musk's SpaceX on Sunday to design the fastest pod for a proposed future transportation system of giant vacuum tubes known as the "Hyperloop".
Business
Fitbit aims to topple smartwatch kings with feature-packed Ionic
Ionic smartwatches will feature Global Positioning System, heart rate tracking, water resistance up to 50 meters, Fitbit Pay, on-board music, multiple clock faces and a battery that will last more than 4 days, the company said in a statement.
Business
Amazon Prime members can expect these perks at Whole Foods
The tie-up may also give the Seattle-based company valuable data on how people shop in stores, where the vast majority of retail sales still take place. The firm reiterated its overweight rating for Amazon shares, saying the internet giant will also acquire more subscribers to its Amazon Prime shopping club as a result of its Whole Foods acquisition , which was finalized on Monday.
Business
Fed Chair Yellen warns against scrapping banking regulations made since 2008
In her remarks, Yellen seemed to warn that the public was growing complacent about the financial crisis, which she called "the most severe financial panic and largest contraction in economic activity in the United States since the Great Depression".
Business
Rs 1000 note to make a comeback in new avatar
The government has stopped printing Rs2,000 notes at least six months back as the focus is now on lower-denomination notes, noted the DNA report . In his effort to curb black money and counterfeit notes, Prime Minister Narendra Modi had scrapped Rs 1,000 and Rs 500 notes on November 8, 2016. The new Rs 200 denomination has the motif of Sanchi Stupa on the reverse and its base colour is bright yellow while the Rs 50 note is fluorescent blue and has the stone chariot of Hampi, which ...
Business
U.S. gasoline prices jump as Hurricane Harvey knocks out Texas refineries
September Nymex futures RBU7, +3.69% climbed 7 cents, or 4.1%, to $1.734 per gallon, while the more active October contract RBV7, +3.30% rose 5 cents, or 3.4%, to $1.594 a gallon. The markets have reacted to the disaster by driving up gasoline prices and selling crude oil. "Another strong drawdown in U.S. crude oil inventories should see oil prices well supported", ANZ bank said, although it added that "there was a hint of cautiousness, with United States oil output continuing to ...
Business
How Hurricane Harvey could hit Canada's gas prices
Key oil and gas facilities along the Texas Gulf Coast are shut down Saturday and pushing gasoline prices up. "I heard the gas prices are going to be so high and I think that's disgusting", Lashiante Phillips, said. The storm forced the shutdown of at least 10 refineries in the Houston and Corpus Christi areas. "Yeah, I'm not pleased with this at all", she said.
Business
Samsung heir found guilty of corruption, sentenced to five years in prison
Samsung Electronics Vice Chairman Lee Jae-yong filed for an appeal Monday, three days after a court sentenced him to five years in jail for bribery, embezzlement and other charges in a corruption case that led to the ouster of former President Park Geun-hye.
Business
Ex-England keeper Green signs for Huddersfield
Huddersfield boss Wagner has told The Mirror that former England global Green is close to signing for the Terriers , having agreed personal terms with the goalkeeper - and a medical is imminent, meaning the deal should be announced in the next 24 hours.
Business
Uber board votes to pick a new CEO (GE)
The New York Times is now reporting that Whitman, despite those denials, has remerged as the preferred candidate. Uber Technologies has been hunting for a new CEO ever since its founder Travis Kalanick stepped down over two months under pressure from investors after a string of governance related issues.
Business
Wall Street rises after Yellen speech
The dollar fell sharply against the euro after Yellen , appearing at an annual summit of central bankers in Jackson Hole, Wyoming , avoided monetary policy in remarks that defended tougher regulations on banks. The single currency rose to $1.1926 Friday, its highest since January 2015 and managed to maintain that level Monday. The US dollar index fell almost 50 points in the wake of the speech text having been released, to be quoted at month long low of 92.80, while the EUR/USD ...
Business
Pictet Asset Management Ltd. Raises Stake in Ishares MSCI India ETF (INDA)
Trading and investing can carry a major emotional component. Moving averages can be very helpful for identifying peaks and troughs. The most basic theory of this indicator is that if the price is above the cloud, the overall trend is bullish while below the cloud is bearish, and in the cloud is non-biased or unclear.
Business
Dera Sacha Sauda Verdict - The Side Effects
Swamy made this comment when asked about Hooda's demand of President Rule in Haryana and dismissal of Chief Minister Manohar Lal Khattar after more than 30 persons died in the violence that erupted after conviction of Dera Sacha Sauda chief Gurmeet Ram Rahim Singh in a rape case.
Business
Oil Trims Weekly Drop as Storm Heads for Texas; Gasoline Surges
Brent crude was 30 cents higher at $52.34 after touching a high of $52.68. The dollar, in which oil is priced, fell after Federal Reserve Chair Janet Yellen made no reference to USA monetary policy in her speech at the annual central bank research conference in Jackson Hole, Wyoming.