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Oil falls, Brent posts biggest quarterly drop this year on demand fears HOUSTON (Reuters) - Oil prices fell on Monday on fading concerns of supply shortfalls and conflicts in the Middle East after the Sept. 14 attack on Saudi Arabia, but global benchmark Brent posted its biggest quarterly loss this year on demand fears due to the ...
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This German utility — the EU's largest emitter — has a 2040 pledge to be carbon neutral Evidence of the increasing effects of climate change is building, as are the investing opportunities and changes in consumer habits linked to environmental concerns and resource use. Here are select dispatches about the companies responding to customer ...
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OPEC oil output sinks to lowest since 2011 after Saudi attacks: Reuters survey LONDON (Reuters) - OPEC oil output has fallen to an eight-year low in September after attacks on Saudi oil plants cut production, deepening the impact of a supply pact and U.S. sanctions on Iran and Venezuela, a Reuters survey found. FILE PHOTO: A ...
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UAW strikers get first strike pay as negotiators strive to get a deal As General Motors-UAW negotiations resumed early Monday, hundreds of union strikers filed into UAW Local 163 in Westland to collect their first strike paycheck. The strike is entering its third week and the more than 1,200 workers at GM's Romulus ...
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Stock Market News Today: Sept. 30, 2019 The major stock indices had notched solid gains by Monday afternoon, on pace to close out the final day of the third quarter on a high note. Comments from U.S. Treasury officials shooting down speculation that Chinese stocks could be blocked from U.S. ...
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WeWork throws in the towel on ill-fated IPO (Reuters) - WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer. FILE PHOTO: A man enters a ...
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Fannie, Freddie to Retain Earnings WASHINGTON—Mortgage-finance companies Fannie Mae FNMA 3.26% and Freddie Mac FMCC 2.59% will start keeping earnings as part of a Trump administration process aimed at moving the companies out of conservatorship and back into the private ...
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Report: Amazon Go cashierless store technology could be coming to airports and movie theaters The Amazon Go location at the company's Day 1 tower in Seattle. (GeekWire Photo / Kurt Schlosser). As it slowly rolls out new Amazon Go locations in Seattle and other cities, Amazon is reportedly eyeing other ways to get people to experience its cashierless ...
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Forever 21's business model was way out of fashion The oversized look isn't a good fit for Forever 21: Retail analysts said the financial troubles that prompted the fast-fashion stalwart to file for Chapter 11 bankruptcy protection on Sunday stemmed from a combination of an overextended retail footprint and ...
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The Fed is injecting hundreds of billions into markets — and it's a practice that could become the new normal Short-term rates shot up as high as 10% early this month, threatening to disrupt the bond market and the overall lending system. The Fed has conducted special operations several times after that in an attempt to keep interest rates in the intended range.
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Westinghouse developer charged with asbestos dumping A Mt. Lebanon real estate developer already fined a record $1.4 million for illegal removal of asbestos from the old Westinghouse complex in Churchill is now facing a federal criminal charge for the same conduct. Vikas Jain, 47, chief executive of Paradigm ...
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Activists erect 15-foot-tall Jeff Bezos head on roof of San Francisco Whole Foods A 15-foot-tall cutout of Amazon CEO Jeff Bezos' head towered above the roof of the Whole Food Store in San Francisco's Noe Valley neighborhood on Monday morning. A speech bubble reading "I profit from criminal animal cruelty" was attached to the Bezos ...
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Learning curve at nation's first all-electric refueling station in Takoma Park Being on the cutting edge of technology can pay big benefits, but most change requires rethinking tasks often taken for granted. The owner of the nation's first fully converted gas-to-electric refueling station is learning as he goes, along with customers ...
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McPier's Healey takes new post with Clayco McCormick Place's boss finds a new gig with the company that is renovating Macy's upstairs space into offices and also involved with several other high-visibility projects here. Greg Hinz. On Politics. Tweet · Share; More. Share · Email · Print. Lori Healey.
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Gold prices on track to finish below 50-day moving average for first time since May Gold prices late-morning Monday were headed for their worst drop in weeks, with the precious metal on track to finish below its short-term moving average for the first time since late May. Gold for December delivery GCZ19, -2.17% trading on Comex was ...
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Utah's favorite Halloween candy? Depends on how you ask. What's the most popular Halloween candy in Utah? It's either hard and fruity or a chocolate/peanut butter confection, depending on which survey you read. Two recent surveys of Americans' candy preferences, state by state, produced quite different answers.
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Japan Airlines seat maps with babies: 12 passengers worse than screaming kids Just when you thought the Japanese couldn't be any more considerate or polite, along comes this piece of news. Japan Airlines, the national air carrier, has announced that its new seat-booking function will identify the presence of screaming babies on your ...
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Constricting investments into Chinese companies could hit the US as hard as it hits China Reports on Friday said the White House is considering investment restrictions on China, such as delisting Chinese stocks in the U.S. and limiting government pension funds' investments in the Chinese market. If the U.S. does go through with such investment ...
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Report: Toyota raising its stake in Subaru Toyota is boosting its stake in Subaru to about a fifth of the smaller automaker, as Japan's biggest car company arms itself for a future of self-driving vehicles, electric cars and evolving transport services. Subaru, the maker of Forester and Outback wagons, will ...
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Uber is testing letting users record audio if they feel unsafe on their rides The next time you feel unsafe on your Uber ride, you may have the ability to use the Uber app to record audio of your experience and send it to Uber. That news comes to us from developer and researcher Jane Manchun Wong. Wong frequently ...
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Shell Issues Q3 Trading Update (RTTNews) - Royal Dutch Shell PLC (RDS-B, RDSB.L, RDSA.L, RDS-A) announced Monday the introduction of the publication of a quarterly update, starting with the third quarter 2019. In its third-quarter trading update, in the Integrated Gas, the company ...
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Kids can trick-or-treat for free at Target 'Paw Patrol' event INDIANAPOLIS (WTHR) — Target wants you and your kids to celebrate Halloween with them. The retail chain is hosting a Paw Patrol trick-or-treating event from 10 a.m. to 1 p.m. on Saturday Oct. 26. Kids are invited to wear their costumes and "trick-or-treat ...
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If you think inflation is too low... There's probably not a consumer in America who worries about prices being too low. Yet low inflation scares members of the Federal Reserve Board. Then again, they're professional economists. What do they know? Not much, based on recent history.
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Temperatures to approach 90 degrees Tuesday, then 50 degrees Saturday because Michigan This week's forecast may be the epitome of Michigan's weather. Today will be warmer than usual in metro Detroit, with a high of 78 degrees, and Tuesday is expected to reach 87 degrees, one degree under the record high. The summer-like weather will bring ...
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Purdue Pharma owners cash out of ski resorts in opioid-plagued areas Members of the Sackler family, which controls prescription drugmaker Purdue Pharma, may garner a $60 million windfall from the sale of over a dozen ski resorts, some sitting in areas plagued by opioid abuse, according to a report in the Washington Post that ...
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