Finance


Oil plummets more than 3% as United States crude stock draw disappoints Oil plummets more than 3% as United States crude stock draw disappoints
- July 09, 2016

Brent crude, the global benchmark, rose 0.39 per cent to $46.58 per barrel in late afternoon trading. Crude production in the USA tumbled to 8.43 million barrels a day in the week ended July 1, the lowest since May 2014, according to the EIA report . (more...)
Toyota recalls 3.37 million cars over airbag, emissions control issues
- July 09, 2016

Of the 2.87 million vehicles recalled due to the emission control units, Toyota said 1.55 million are in Japan; 713,000 in Europe; 35,000 in China; and 568,000 in other areas. Though Toyota said this recall does not involve a Takata airbag, it has not identified the supplier. The Problem: The affected vehicles are equipped with curtain shield airbags in the driver-and passenger-side roof rails that have inflators composed of two welded-together chambers. (more...)
Grandmother, grandson almost swallowed by Florida sinkhole at McDonald's Grandmother, grandson almost swallowed by Florida sinkhole at McDonald's
- July 09, 2016

A woman and her grandson were almost swallowed by a sinkhole in the parking lot of a Florida McDonald's this week. A woman taking her 4-year-old grandson for a meal at a McDonald's in Cooper City got a scare Thursday afternoon when part of her auto was swallowed up by a 10-by-10 foot sinkhole near the drive-thru. (more...)
TUF 23 Finale: Jędrzejczyk vs. Gadelha Results
- July 09, 2016

She said what she said and they film. 'For me, making weight is easy but if you want to think about the future - about being a mother, a partner, a fighter and an athlete - we must be serious about our bodies and our health. To be beaten a second time by the only person that has beaten her would be devastating for Claudia. Gadelha responded to the loss with a decision win over Jessica Aguilar last August. (more...)
Senate Passes A GMO Labeling Bill That The Food Industry Likes
- July 09, 2016

But GMO critics say the bill fails to adequately protect consumers who want to know if a product contains GM ingredients. Pat Roberts, a Republican from Kansas, and Debbie Stabenow, a Democrat from MI. Pat Roberts, R-Kansas, who helped write the legislation . In particular, the USDA may define - potentially too narrowly - the types of biotechnologies that will be subject to the labeling requirement. (more...)
Fall, double-faults hurt Federer in Wimbledon loss
- July 09, 2016

The 29-year-old world number two faces Milos Raonic, the first Canadian man to reach a final at the majors, in what will be the first Wimbledon title match since 2002 not to feature Novak Djokovic, Roger Federer or Rafael Nadal . "Something went wrong. Very sad about that and angry at myself because never should I allow him to get out of that (fourth) set that easily", Federer said . (more...)
Canada Post agrees to keep talking
- July 09, 2016

Canada Post has said it will lockout its 50,000 unionized employees Monday at 12:01 a.m. ET.in the event that a deal is not reached. The union rejected binding arbitration earlier this week after Labour Minister MaryAnn Mihychuk floated the idea. (more...)
'Secret Life of Pets' Bites Into $5.3 Million on Thursday Night 'Secret Life of Pets' Bites Into $5.3 Million on Thursday Night
- July 09, 2016

The adventure moves at a rapid pace keeping audiences engaged in the harrowing cross town adventure of Max and Duke who - predictably - discover the importance of family and acceptance along the way. Max's flawless life is thrown out of whack when Katie brings home Duke (Eric Stonestreet), a shaggy and somewhat reckless Newfoundland dog to join their family. (more...)
Big rebound: 287000 jobs added in June Big rebound: 287000 jobs added in June
- July 09, 2016

Taking a bit of the shine off Friday's report from the U.S. Labor Department is word that the number of unemployed increased in June by 347,000. Job growth came mostly from retailers, health care and social assistance providers, and the large restaurant and recreation industry. (more...)
USA airlines win tentative approval for flights to Cuba USA airlines win tentative approval for flights to Cuba
- July 09, 2016

Transportation Secretary Anthony Foxx said in a statement. The reforms begun six years ago under President Raul Castro have allowed a smattering of private-sector activity, although the state still controls crucial areas of the economy. Conservatives in Congress have been unwilling to lift the trade embargo of Cuba, which includes a travel ban. Visiting Cuba strictly for tourism is not now allowed. (more...)
NHTSA investigate first driver death in self-driving auto accident NHTSA investigate first driver death in self-driving auto accident
- July 09, 2016

Tesla delivered 29,190 cars in the first six months of this year and expects to deliver a further 50,000 in the second half. The Palo Alto, California-based company said it has "no data to suggest that Autopilot was engaged at the time " of the July 1 crash involving two MI residents. (more...)
NTSB says Delta plane landed at wrong airport NTSB says Delta plane landed at wrong airport
- July 09, 2016

Paul airport Thursday evening en route to Rapid City, South Dakota, carrying 130 passengers on an Airbus Group SE A320 jet. The Air Force said in a statement that the base officials "followed the proper procedures to address the situation" and ensured the safety of those at the base and passengers. (more...)
Severe thunderstorm watch through Friday night in mountains, foothills Severe thunderstorm watch through Friday night in mountains, foothills
- July 09, 2016

A cluster of severe weather moved through the thumb. The high winds brought down a large tree (above) on Westchester in Westland in a photo provided by a viewer. Friday. Environment Canada issued this watch Friday. Heavy downpours can cause flash floods and water pooling on roads. When it rains, it pours...unsettled conditions have led to a severe thunderstorm watch for the immediate area. (more...)
Whiting Petroleum Corp 55.5% Potential Upside Now Implied by Goldman Whiting Petroleum Corp 55.5% Potential Upside Now Implied by Goldman
- July 09, 2016

For an overview on Recommendation Trends, 6 Analysts assigned the stock as Strong Buy. Deutsche Bank AG reissued a "buy" rating and set a $19.00 price target on shares of Marathon Oil Corp.in a research report on Sunday, March 13th. 4432612 shares were traded on Anadarko Petroleum Corporation's last session. The company's 50-day moving average price is $13.93 and its 200-day moving average price is $11.53. (more...)
Drop in oil drags down Toronto Stock Exchange Drop in oil drags down Toronto Stock Exchange
- July 09, 2016

The S&P/TSX Composite Index fell 0.68% to 14,134.46 and the S&P/TSX Venture Composite Index dipped 1.30% to 747.77. The data, collected a week before Britain voted on its European Union membership, will feed into the U.S. The most influential gainers included Canadian National Railway Co., which rose 2.3 per cent to $78.56, and its rival Canadian Pacific Ltd., which advanced 2.6 per cent to $173.83. (more...)
Celine Dion: Pink Wrote Me a Song After Rene Angelil's Death Celine Dion: Pink Wrote Me a Song After Rene Angelil's Death
- July 09, 2016

I love her for her talent, for her strength, for her focus, the person she is", Dion told Entertainment Tonight . Every night in my dreams, I see Celine Dion wearing a Titanic hoodie. "It's called 'Recovering , '" the five-time GRAMMY victor revealed of the new song, adding that fans should "get ready". Another element that Dion has credited with helping her cope is her supportive fan base. (more...)
Corker out as possible Trump VP candidate Corker out as possible Trump VP candidate
- July 09, 2016

Pence visited with Trump last weekend and said it was a warm, friendly meeting with nothing offered or accepted. Corker, a former Chattanooga mayor and Tennessee's junior senator, has seen his own stature grow considerably on the national and global stage in the year and a half since he took over the Senate Foreign Relations Committee. (more...)
Aetna meets with Justice Department over merger with Humana Aetna meets with Justice Department over merger with Humana
- July 09, 2016

One of the largest factors influencing health insurance costs is competition, the fewer insurers offering coverage in a given area, the higher the costs typically are. In the review, antitrust regulators are focused on whether the deal would limit consumer choices for Medicare Advantage health plans for the elderly, a separate source familiar with the matter said. (more...)
U.S. jobs jump in June U.S. jobs jump in June
- July 09, 2016

Quashing worries that job growth was flagging, the government on Friday reported that employers increased payrolls by 287,000 in June. Employment growth over the past 3 months now averages 147,000 - a bit below last year's rate but quite good in a labor market where there is now less slack than before. (more...)
Stellar jobs data helps Wall St recoup Brexit losses Stellar jobs data helps Wall St recoup Brexit losses
- July 09, 2016

The May report showed just 38,000 jobs were created-the worst reading since 2010. The CBOE Volatility index .VIX , Wall Street's "fear gauge", which has swung wildly since the June 23 vote by Britons to leave the European Union, ended at its lowest since late May. (more...)
PM Modi receives ceremonial welcome at Union Building of Pretoria
- July 09, 2016

During his South Africa visit, he will meet President Jacob Zuma as also Cyril Ramaphosa, the Deputy President. On a concluding note, the Prime Minister assured India's help in Mozambique's march towards economic prosperity. The PM would also attend a business meet to enhance industry and trade relations between both the countries. "For this, India remains ready and committed to share its experiences, technology, capacity and concessional credit with Mozambique, in line with your priorities". (more...)
USA drilling rig count up 10 to 431 USA drilling rig count up 10 to 431
- July 09, 2016

The U.S. offshore rig count remained flat again this week at 19, but is down by 12 rigs year-over-year. USA drillers dispatched 10 more oil rigs back to the field this past week, bringing the nation's overall rig count to its highest point in four months, Baker Hughes data showed Friday. (more...)
Postal Union says no to binding arbitration
- July 09, 2016

The two parties have been hurtling toward a work stoppage for the past several weeks, with both sides seemingly refusing to budge on key contract issues. Canada Post has returned over $1 billion to the federal government in the form of taxes and dividends over the last 20 years, Palecek told rabble. (more...)
Ride In Luxury! Lyft's New Ride In Luxury! Lyft's New "Premier" Feature
- July 09, 2016

Drivers with a good track record with Lyft and who can purchase a high-end vehicle can join the luxury service. The perennial ride-hailing second-fiddle has been accused of getting its hands uncharacteristically dirty in the process of assembling a squad of high-level drivers with premium automobiles. (more...)
European Union approves 'Privacy Shield' data transfer deal with the US
- July 08, 2016

The framework allowed tech companies to move the user data between the two regions while the services worked without any interruption. "While negotiations have not been easy, we congratulate the European Commission and the U.S. Changes include stronger rules on data retention, onward transfers and safeguards on access to data by public authorities, as well as a U.S. ombudsman "fully independent from intelligence agencies", he told a privacy laws conference in the United Kingdom on 06 July. (more...)