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Oil prices decline on weak Chinese data, US pipeline problems NEW YORK (Reuters) - Oil prices fell on Thursday after data showed weak factory activity in China, with U.S. crude facing extra pressure after flows out of the Cushing, Oklahoma storage hub were disrupted because of reduced flows on a pipeline.
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Slumping Canadian oil province Alberta loses producer Encana, moves to boost rail shipping (Reuters) - Canada is losing the headquarters of major oil and gas producer Encana Corp to the United States, the latest blow to an industry crippled by a pipeline shortage, even as the Alberta government moved to stimulate crude shipping by rail.
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Powell's take on banking rules should make Elizabeth Warren happy, but not Wall Street Federal Reserve Chairman Jerome Powell said this week that the central bank is unlikely to alter its liquidity requirements for banks, a position that may endear him to Sen. Elizabeth Warren but also could lead to more headaches for the industry. During a ...
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What Should Investors Think of Biogen's Alzheimer's Drug Candidate? Investors were pleasantly surprised by an unexpected turnaround in aducanumab's clinical trial data, but how justified is the market's optimism? Mark Prvulovic. (TMFmarkprvulovic). Oct 31, 2019 at 2:34PM. Investors and analysts alike received some ...
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Barneys Inches Closer To Liquidation As Bankruptcy Court Approves Authentic Brands Bid Bye bye, Barneys. At least as we now know it. A bankruptcy court judge today approved a $271 million bid from Authentic Brands for Barneys' intellectual property. The licensing company—which owns Aéropostale, Juicy Couture, Nine West and, after its ...
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Keystone pipeline shut after spilling 9000 barrels of oil in North Dakota (Reuters) - An estimated 9,120 barrels of oil have spilled from TC Energy Corp's Keystone crude pipeline in North Dakota, state authorities said on Thursday, a major leak at a time of increased regulatory scrutiny of oil pipeline expansions. The cause of the ...
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Google raises 'confidentiality' alarms about state antitrust probe, claiming key consultants have ties to its rivals The Texas-led antitrust investigation into Google has already spilled into court, after the tech giant on Thursday told a judge that two experts retained by the states raise serious "confidentiality" concerns given their past work with rivals, such as News Corp.
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Apple TV+ is coming for your iPhone. Here's everything you need to know New York (CNN Business) Apple (AAPL) has been synonymous with names like iPhone, iPad and MacBook. On Friday, the company hopes that it will also be synonymous with names like Jennifer Aniston, Oprah Winfrey and Snoopy. Apple TV+, the ...
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Yeti announces new wholesale partner, reports increased inventory in third quarter Yeti looks to round out its wholesale footprint and mitigate the impact of tariffs headed into the final stretch of 2019. The company reported its third-quarter earnings on Thursday, noting a new wholesale partnership with Lowe's and increased inventory to avoid ...
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Argentina sets floor under peso as reserves dwindle BUENOS AIRES (Reuters) - Argentina's central bank is setting a price floor under the volatile peso in hopes to avoid a sharp plunge in the currency after an opposition-won presidential election last Sunday shifted the country firmly back to the left.
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Postmates CEO: The Food Delivery Wars Is Like The Battle Between Netflix And Hulu The competition between food delivery companies has been bruising. Grubhub's stock plunged 40% Tuesday after it released a 10-page opus on how it has to change its business model to respond to the competition. While some have compared it to the early ...
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Marathon Petroleum to change CEO, split company after hedge fund campaign (Reuters) - Marathon Petroleum Corp (MPC.N) chief Gary Heminger will leave the company next year and the largest U.S. independent refiner will launch a sweeping restructuring including the spinoff of its retail operations, steps demanded by activist ...
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Chick-fil-A accidentally emailed customers about National Sandwich Day before realizing it was on a Sunday Chick-fil-A emailed customers this week expressing excitement about National Sandwich Day. However, this year's National Sandwich Day falls on a Sunday — when all Chick-fil-A locations are closed. Popeyes is relaunching its chicken sandwich this ...
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Former WeWork Staffer Sues Ousted CEO Adam Neumann For Pregnancy Discrimination Topline: Adam Neumann, the former CEO of WeWork, is being sued by his former chief of staff for pregnancy discrimination, adding to the complaints against the ousted executive, who has faced criticism for his treatment of women at the company before, ...
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Trick or Treat? How to Tell If a Credit Card Offer Is a Good Deal The answer is buried in the fine print. You've probably received an unsolicited credit card offer before. They often get thrown straight in the garbage, but you may have occasionally wondered whether that offer is actually worth applying for. If you're new to ...
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Cambridge biotech Dicerna signs $200m hepatitis drug deal with Roche For the third time in little more than a year, Dicerna Pharmaceuticals has signed a licensing deal with a big drug maker to develop medicines — this one worth at least $200 million to the Cambridge biotech. Dicerna, which went public in 2014, will receive the ...
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Why Canopy Growth Stock Has Been a Disappointment Yesterday, Canopy Growth (CGC) closed at 26.52 Canadian dollars, 1.49% lower than its previous closing price. The stock is trading only 5.27% higher than its 52-week low of 25.19 Canadian dollars. Canopy Growth is trading at a huge discount of 62.64% to ...
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Why Shares of Cirrus Logic Are Surging Today Shares of Cirrus Logic (NASDAQ:CRUS) jumped on Thursday after the audio chip developer's fiscal second-quarter results beat analyst estimates by a wide margin. The stock was up 14.6% at 12:15 p.m. EDT.
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Uber sues Chicago suburb of Skokie over new ride-hailing tax SKOKIE, Ill. — Uber is suing the Chicago suburb of Skokie, alleging that its new tax on ride-hailing services violates the Illinois constitution. The lawsuit asks a Cook County judge to block Skokie from collecting the tax, which took effect Wednesday.
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Goals Soccer Centres bought by Soccerworld, saving 750 jobs Goals Soccer Centres has admitted that it may have overstated its profits by as much as £40m as it collapsed into administration and was immediately bought out by a Scottish five-a-side group backed by private equity. The buyout by Northwind 5s, a new ...
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Dunkin Brands profit rises on beverage sales Dunkin Brands Group Inc. DNKN, +5.79% said its profit rose for its third quarter as revenue increased from a year earlier. The Canton, Mass.-based coffee and donut chain reported a profit of $72.4 million, or 86 cents a share, compared with $66.1 million, ...
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A student used sticky notes to snag an internship with a tech company Internship application processes can be grueling, but one student found a unique way to expedite the process. Gursimran Singh, a second-year computer science student at Georgia Tech, lives directly across from the offices of the Fortune 500 tech company ...
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Winning $50000 Powerball lottery ticket sold in Green Bay GREEN BAY - A Powerball lottery ticket sold in Green Bay has made someone $50,000 richer. A $50,000 winning ticket was sold at Kwik Trip, 1871 Shawano Ave. The numbers drawn Wednesday night were: 19, 22, 52, 56, 67, 21, Powerball-21, and Power ...
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Markets Right Now: Stocks open mostly lower on Wall Street NEW YORK (AP) — The latest on developments in financial markets (all times local):. 9:35 a.m.. Stocks are opening mostly lower on Wall Street as banks and industrial companies decline, pulling the S&P 500 slightly below the record high it set a day earlier.
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Car industry gloom as UK production falls further UK car production fell by 3.8% in September, due to political uncertainty at home and weaker overseas demand, according to the industry's trade body. Fears over a possible no-deal Brexit dampened demand in the UK, while exports fell 3.4%, the Society of ...
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Bombardier deal with Spirit AeroSystems sees shares up 7% Montreal — Bombardier said on Thursday that it would meet a key 2019 target and announced a deal worth more than $1bn with Spirit AeroSystems, sending shares up nearly 7% despite reporting it burnt more cash than expected. Montreal-based ...
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The E-scooter experiment: which ride is best? We all know the feeling: muscles burning, heart pounding, sweat beading on your face as you sprint out the door, desperate to make it on time to your class that starts in two minutes. On foot, you would never make it. But with a scooter, you'll be there quick ...
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M&S in Edinburgh have FIFTY Christmas vacancies - here's how to apply Applications are now open as M&S in Edinburgh begin the search for 50 Christmas staff members. A variety of Christmas temp roles are available across their clothing, home and food. An M&S spokesperson said: "Seasonal colleagues will play a vital role in ...
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Long-awaited cystic fibrosis drug could turn deadly disease into a manageable condition A new cystic fibrosis therapy dramatically improved patients' lung function and showed clear signs of targeting the genetic root of the disease, instead of just alleviating symptoms — a breakthrough so long-sought that many doctors and patients are moved to ...
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