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Whiting Petroleum posts surprise quarterly loss, cuts 33% workforce (Reuters) - Oil and gas producer Whiting Petroleum (WLL.N) on Wednesday reported a surprise quarterly loss, announced a 33% job cut and asset sales as a lack of natural gas infrastructure hits prices. FILE PHOTO: A trader waits for the opening of Whiting ...
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Gold drops to two-week low after Fed rate outlook lifts dollar Gold prices slipped to a two-week low on Thursday after the U.S. Federal Reserve delivered a 25-basis-point rate cut as expected but ruled out a lengthy easing cycle, sending the dollar to a two-year peak. Spot gold was down 0.4% at $1,407.91 per ounce as ...
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Auction Set for Bankrupt Coal Producer Blackjewel's Assets By JOHN RABY, Associated Press. CHARLESTON, W.Va. (AP) — An auction is set for the assets of bankrupt coal operator Blackjewel LLC. A notice filed in federal bankruptcy court in West Virginia said the auction is scheduled for Thursday morning at the ...
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Elon Musk Vows to Fix 'Dog Mode' in Teslas After Pooch-Cooling System Almost Cost a Man His Pup In February, Tesla released a new feature called "dog mode" that regulates the vehicle's temperature while unattended pets are inside. By Joelle Goldstein. July 31, 2019 10:52 PM. FB Twitter More. Pinterest Email Print Send Text Message. cleanString ...
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Amazon's Personal Shopper service hopes to unravel the competition Amazon wants to make sure you're stylish. Amazon. Amazon Prime is trying its hand at fashion again with the launch Wednesday of Personal Shopper by Prime Wardrobe in the iOS and Android app. The women's styling service sends users handpicked ...
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Sherrod Brown uses stock buyback bill announcement to give fellow Dems campaign advice Senator Sherrod Brown of Ohio wants his Democratic colleagues running for president to plagiarize his favorite line. "I want our presidential candidates to talk more about the dignity of work," he said at a press conference Wednesday to announce a new bill to ...
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Safety worries lead third company to recall its infant inclined sleepers A third company on Wednesday recalled its inclined sleeper, joining two other manufacturers that also pulled their bassinet-like devices for babies from the market after a string of infant deaths and calls from lawmakers for the product to be banned.
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UPDATE 3-Frozen Woodford fund breaches regulatory cap after Guernsey delistings ... * Sabina Estates remains listed on Guernsey exchange. * Exchange concerned about reputational damage -sources. * Fund has six months to return below cap. * Woodford's listed fund hits record lows for third day (Adds Ombu delisting, background, FCA ...
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Fed Rate Cut: Dow Jones Tumbles As Powell Doesn't Signal More Cuts The Fed cut its benchmark interest rate by a quarter point as expected on Wednesday. But two Fed policymakers made hawkish dissents and Fed chief Jerome Powell did little to encourage hopes for a September Fed rate cut, sending the Dow Jones and ...
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Vodafone Closes $21.3 Billion Liberty Global Deal The wireless giant says it will become "Europe's leading converged operator, with 116.3 million mobile customers, 24.2 million broadband customers and 22.1 million TV customers across 13 European countries." European wireless giant Vodafone Group has ...
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Why Shares of Zendesk Slumped Today Shares of Zendesk (NYSE:ZEN) declined on Wednesday following a second-quarter report that failed to impress investors. The software-as-a-service company beat analyst estimates for revenue and raised its full-year outlook, but it wasn't enough to prevent a ...
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House prices 'may have found a floor in July', but no 'signs of a recovery just yet', CoreLogic data shows There are further signs Australia's worst housing downturn in modern history may be drawing to an end, with CoreLogic's monthly index showing further modest price rises in July. Key points: National housing prices were flat in July, due to a fall in regional ...
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Molson Coors Goes Flat After Quarterly Earnings Miss Shares of beer and alcoholic beverage giant Molson Coors (TAP - Get Report) fizzled on Wednesday after the company reported earnings far below analysts' forecasts amid what it called a "challenging" spring, when weather kept consumers from cracking ...
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Hackers Could Remotely Gain Control Of Cars In Mass Cyberattack, Researchers Find SACRAMENTO (CBS13) — A new report warns some cars that are connected to the internet may be a threat to national security. The group Consumer Watchdog says it worked with whistleblowers from inside the car industry to expose the risk. They say be ...
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Eurozone economic growth cools in second quarter The eurozone's economy showed further signs of a slowdown on Wednesday, raising the chances that the European Central Bank will launch a big package of stimulus measures in September. The single currency area's economy expanded by just 0.2 per ...
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Icra puts Coffee Day rating on watch with negative implications Mumbai: Credit rating agency Icra on Wednesday put Coffee Day Enterprises Ltd (CDEL) on watch with negative implications, revising the rating from watch with developing implications after the company's promoter V.G. Siddhartha went missing on 29 July.
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Kaskey's Canned Beef Products Recalled Due To Possible Processing Defect WASHINGTON (WJZ) — Conagra Brands, Inc. is recalling more than 32,000 pounds of canned beef products due to a potential processing defect, the U.S. agriculture department said Wednesday. The recall consists of 15-ounce cans Kaskey's beefy mac ...
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Exact Sciences' $2.8 billion acquisition causes ripples in medicine, biotech, and finance alike For observers in medicine, biotechnology and finance, Monday's news that the Madison biotechnology company Exact Sciences plans to buy a California cancer detection firm for $2.8 billion was a big deal. Big deal as in, Jim Cramer goes on a rant on "Mad ...
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Sports betting to be allowed in Iowa starting August 15 Iowa (KWQC) - In just a couple of weeks, gamblers in Iowa can place bets on sporting events. Sports betting will be allowed in Iowa starting August 15. The bill legalizing sports gambling passed in April and was signed by Gov. Reynolds in May. (MGN).
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