Finance


Oil prices 'may have bottomed out'
- March 13, 2016

The price of oil may finally have bottomed and there is now "light at the end of what has been a long dark tunnel", in the markets, according to the latest Oil Market Report from the International Energy Agency, released on Friday morning . (more...)
'Spring forward' tonight: A brief history of daylight saving time
- March 13, 2016

Sunday. As  Chu explained to the Sacramento Bee , he starting thinking about the issue after listening to "some complaints previous year from some of the senior citizens (in my district) and their care providers who say this one-hour difference really impacted their lives". (more...)
Secret Service briefly surrounds Trump at Dayton rally Secret Service briefly surrounds Trump at Dayton rally
- March 13, 2016

The announcement from Trump's campaign occurred after protestors crowded inside and outside of the arena, CNN reports. The comments capped a tumultuous day on the campaign trail in which a demonstrator rushed a stage where Trump was speaking, Trump accused Bernie Sanders' supporters of sowing unrest at his events and the GOP front-runner refused to back down from his rhetoric that some have cited as the cause of heightened tension at his rallies. (more...)
Daylight Saving Time 2016: All the Memes You Need to See
- March 13, 2016

In the United States, people tend to lose an average of 40 minutes of sleep time whenever they adjust their clocks each spring. Hypothetically, the nation could save roughly six times more energy annually by ditching Daylight Saving Time and asking holiday-makers to trade out their Christmas lights for popcorn strings. (more...)
Wounded Warrior Project executives fired amid controversy Wounded Warrior Project executives fired amid controversy
- March 12, 2016

In a statement announcing the departures of Chief Executive Officer Steven Nardizzi and Chief Operating Officer Al Giordano, the charity said Thursday that it disputes some allegations leveled against it, but will impose new restrictions to rein in spending and help regain the trust of donors. (more...)
Clinton, Sanders spar over immigration in United States presidential debate
- March 11, 2016

There's room for him to be a little more aggressive. But after scoring a major upset win in MI, the campaign looks a lot different for Sanders , the Vermont senator whose liberal challenge to the former first lady and secretary of state is proving more durable and substantive than many assumed. (more...)
Why the worst may be over for oil prices Why the worst may be over for oil prices
- March 11, 2016

United States production is forecast to decline by 530,000 bpd this year, it said. Ecuador and Venezuela have pushed hard for the OPEC, non-OPEC meeting because they have suffered more during the recent price plunge than most producers given their heavy reliance on oil. (more...)
Gas prices up average of 7 cents in 2 weeks Gas prices up average of 7 cents in 2 weeks
- March 11, 2016

The lowest price in the Harrisburg area is $1.81 a gallon at the Exit 77 Travel Plaza in West Hanover Township. Still, prices are quite low compared to a year ago. Last year, gas prices peaked in June at $2.80 a gallon. "As we anticipated, the party's over", said GasBuddy Senior Petroleum Analyst Gregg Laskoski. (more...)
Trump leads in Florida, trailing in OH: latest polls Trump leads in Florida, trailing in OH: latest polls
- March 10, 2016

When voters are  more  informed,  Cruz  continued, they learn about Trump's record and conclude that Cruz is the only candidate in a position to "stand up to Washington". "If we embrace what's happening and if everybody came together, nobody could beat the  Republican Party ".  A Quinnipac poll  showed Trump leading with 45 percent to Rubio's 22 percent of the Republican primary vote in Florida. (more...)
Oil prices dip after rally but supply worries persist Oil prices dip after rally but supply worries persist
- March 10, 2016

WTI put on 4.9% and Brent 3.6% soon after the data. "I'm still not leaning towards prices moving up sustainably because the fundamentals have not changed", said Phillip Futures analyst Daniel Ang. While production of more than 9 million barrels a day points to an accelerated output, the government expects production to wane as many producers grapple with prolonged low prices. (more...)
SCTY) Given Consensus Rating of SCTY) Given Consensus Rating of "Buy" by Analysts — SolarCity Corp (NASDAQ
- March 09, 2016

NRG's single-brand, multi-site approach facilitated a streamlined process to obtain contracted solar generation and tailored financing options that allowed NRG to meet Whole Foods Market's needs. Terms and expected completion date weren't provided. Although NRG believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. (more...)
What Obama Did Immediately After Hearing Nancy Reagan Died Stunned Many What Obama Did Immediately After Hearing Nancy Reagan Died Stunned Many
- March 09, 2016

She brought grace and charm to the role and used her position to make our nation a better place. Such stature and influence within the administration made the first lady a magnet for criticism while her husband was in office. One of the 20th century's most popular presidents, Ronald Reagan , who died in 2004, was nicknamed the "Teflon president" because of his ability to deflect nearly any controversy or criticism. (more...)
Why United Continental Shareholders Have Air Rage Why United Continental Shareholders Have Air Rage
- March 09, 2016

Altimeter Capital Management and PAR Capital Management argue "an under-qualified, ineffective and entrenched board" at United has been a major factor in United falling behind its peers among US carriers in terms of operational reliability, customer satisfaction and stock price. (more...)
John Kasich has an idea for how Republicans can beat Trump John Kasich has an idea for how Republicans can beat Trump
- March 09, 2016

But it's not the only winner-take-all state voting that day: Florida, with its 99 delegates, will give all of those delegates to that state's victor. Kasich's best showing so far in the presidential nominating contests was second place in New Hampshire. (more...)
Star Wars Episode 8 has a couple of rumored titles Star Wars Episode 8 has a couple of rumored titles
- March 09, 2016

And while little is known regarding Episode VIII it is slated for release in 2019 to coincide with the  Han Solo  and Boba Fett movies hitting cinemas either side of it in 2018 and 2020 - both with the potential to garner their own slew of sequels. (more...)
Former NYC Mayor Michael Bloomberg won't run for president Former NYC Mayor Michael Bloomberg won't run for president
- March 08, 2016

Voters who see Trump and Cruz as too extreme may have been drawn to Bloomberg, a former Democrat who became a Republican before ultimately declaring himself unaffiliated in 2007. But as one Bloomberg article points out, "No independent or third-party presidential candidate has won the presidency". Bloomberg explained he has given "serious consideration" to running as an independent, but data indicated he would lose. (more...)
G20 nations pledge "all policy tools" to strengthen global recovery
- March 08, 2016

China is not the only economy in need of structural reforms as they are fundamental for the success of every G20 economy, IMF Managing Director Christine Lagarde said on Friday. He also said that governments needed to step up the pace of economic reforms. "We agree to adopt all policy tools - fiscal, monetary, structural - to counter risks, foster confidence and strengthen growth". (more...)
Former Chicago Bears coach Lovie Smith hired at University of IL
- March 08, 2016

Smith takes over a program that has not posted a winning season since 2011 and has not won 10 games since 2001. You just don't see schools, firing their football coach in March all that often. It's such a big hire for UI because of Lovie's experience and reputation. I would have thought after being fired by the Buccaneers Lovie would have tried to be a coordinator somewhere in the NFL. (more...)
Volkswagen emission scandal: Here's what carmaker's lawyers have to say Volkswagen emission scandal: Here's what carmaker's lawyers have to say
- March 07, 2016

Volkswagen AG set new dates for its annual earnings press conference and shareholders meeting, indicating the scandal-hit company has made progress in sorting through the financial issues that caused the company to postpone the events. The manufacturer started this week to unveil the sequence that led him into this mess, revealing in passing that his former boss Martin Winterkorn quickly ejected after the scandal broke, had been warned of "irregularities" in mid -2014. (more...)
Yamana Gold Price Target Update
- March 07, 2016

Highstreet Asset Management Inc. bought a new position in Yamana Gold during the fourth quarter valued at about $444,000. The shares have received a hold rating based on the suggestion from 6 analysts in latest recommendations. was downgraded to "sell" by analysts at Goldman Sachs. In an analyst report revealed to clients by RBC Capital Markets on Thursday, 3 March, Yamana Gold Inc (TSE:YRI) had its TP increased to $3.70. (more...)
Aubrey McClendon Dies in a Car Crash in Oklahoma
- March 07, 2016

When news that McClendon was under indictment for bid rigging, he said he was shocked. "I will fight to prove my innocence and to clear my name". "Chesapeake does not expect to face criminal prosecution or fines relating to this matter", Pennoyer said in a statement . (more...)
SpaceX satellite launch succeeds, but rocket crash lands SpaceX satellite launch succeeds, but rocket crash lands
- March 07, 2016

Instead of taking 93 days to complete the journey, SES 9 now needs 45 days, said Martin Halliwell, chief technology officer for Luxembourg-based SES. (more...)
Megyn Kelly's Enormous Fake Eyelashes at GOP Debate Ignite the Internet Megyn Kelly's Enormous Fake Eyelashes at GOP Debate Ignite the Internet
- March 07, 2016

The feud culminated in the week leading up to the February 1 Iowa caucuses, when Trump announced he would boycott the January 28 Fox News debate in Des Moines over the network's treatment of him and would instead hold a rival event to benefit veterans. (more...)
GOP senator: Federal aid not needed in Flint... Flint Water Crisis GOP senator: Federal aid not needed in Flint... Flint Water Crisis
- March 07, 2016

Only about a third of Americans say they usually drink straight tap water at home, while another third drink filtered tap water and the remaining third drink bottled water. Flint's problem is a special emergency, but lead pipes are a persistent concern for many other cities. Crews in Flint are starting to dig up old lead pipes connecting water mains to homes as part of efforts to allay the city's contaminated water crisis. (more...)
US deploys warships in disputed South China Sea US deploys warships in disputed South China Sea
- March 07, 2016

In the opaque world of Chinese politics, issues raised at the National People's Congress offer a peek at what China's leaders have in store - and it gets plenty of coverage. 96 Normal 0 false false false EN-US JA ... (more...)