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Engineering Company McDermott in Bankruptcy Talks With Lenders McDermott International Inc. is in talks with its lenders to file for bankruptcy within weeks, according to people familiar with the situation. The Houston-based engineering and construction company has struggled this year after it reported losses on some big ...
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Oil mixed after hitting 3-month high as traders keep eye on Iraq Oil futures turned mixed after hitting a three-month high Monday, buoyed by upbeat expectations around the global economy as traders also kept an eye on developments in Iraq. West Texas Intermediate crude for February delivery CLG20, -0.03% on the ...
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US securities regulator proposes easing auditor independence rules WASHINGTON (Reuters) - The U.S. securities regulator on Monday proposed updating its auditor independence rules to give accounting firms more leeway when determining potential conflicts of interest that could impair their judgment when scrutinizing ...
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TREASURIES-Yield curve steepest since October 2018 (Updates prices) By Karen Brettell NEW YORK, Dec 30 (Reuters) - U.S. Treasury yields rose on Monday and the U.S. two-year, 10-year yield curve was the steepest in 14 months as investors prepared for the end of the year. Benchmark 10-year yields held ...
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Exxon acquires over 1.7 million exploration acreage offshore Egypt (Reuters) - Exxon Mobil Corp said on Monday it had acquired more than 1.7 million acres for exploration offshore Egypt, strengthening its portfolio in the eastern Mediterranean. Operations at the 1.2 million North Marakia Offshore block located about five ...
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NIO's new SUV can't save the company from its current problems NIO, China's leading EV startup, announced its third production vehicle this past weekend, a small and sporty all-electric SUV called the EC6. The Tencent-backed automaker also announced it has developed a new battery pack that will enable all three of its ...
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Toyota RAV4 Hybrid Adds Juice To Nameplate That Already Leads Segment Toyota just keeps improving its flagship RAV4 SUV, and Americans keep responding by purchasing RAV4s in record numbers. U.S. sales in November were up by more than 26 percent compared with a year earlier, and were up by more than 4 percent for the ...
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Why Valaris Stock Is Soaring Today Shares of Valaris (NYSE:VAL) jumped more than 12% by 2:30 p.m. EST on Monday. Fueling the energy stock was an update it provided to investors on an arbitration award and its cost-savings plan.
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While other tech giants fund housing initiatives, Amazon is opening a homeless shelter — inside its HQ As big tech gets bigger, industry leaders have begun making more noise about helping homeless populations, particularly in those regions where high salaries have driven up the cost of living to heights not seen before. Last January, for example, Facebook ...
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Chicago Trolley & Double Decker Co. to shut down after New Year's Eve Chicago Trolley & Double Decker Co., which carried thousands of sightseeing tourists through the city and played a role in several citywide celebrations, will offer its last ride Dec. 31. Coach USA, the Paramus, New Jersey-based transportation service ...
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Apple Bears Should Give Up If you had said at the beginning of 2019 that technology giant Apple (AAPL) would end the year near $300 a share, many would have called you crazy. With the US/China trade war hurting iPhone sales, the company issued a revenue warning and yearly ...
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19-year-old gunned down, found at Union County gas station ELIZABETH — Police are searching for the person who shot and killed a 19-year-old city resident on Sunday. Before 11 p.m., Elizabeth Police found Haneef Brockington shot a number of times at a gas station parking lot in the 300 block of Morris Avenue, ...
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20 Bold Predictions for the Cannabis Industry in 2020 As the Green Rush soars into a new decade, we thought it would be useful—and fascinating—to find out where the big players see it all going in 2020 and beyond. From all-out federal legalization to innovative new technology, here's what they see in the ...
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Castleton Adds to Gassy Haynesville Portfolio with Shell Deal With the backing of Japan's largest natural gas utility, Castleton Resources LLC has 222,400 net acres of gassy leasehold to explore, develop and potentially export from the Haynesville Shale/Cotton Valley after completing a deal with Royal Dutch Shell plc.
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Great Panther Announces US$10 Million Concentrate Prepayment NYSE American: GPL | TSX: GPR. VANCOUVER, Dec. 30, 2019 /PRNewswire/ - GREAT PANTHER MINING LIMITED (NYSE American: GPL; TSX: GPR) ("Great Panther", the "Company") announces that its wholly owned subsidiary, Minera Mexicana el ...
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South Western Railway faces fresh wave of strikes in new year Passengers on the South Western Railway franchise face a further wave of strikes in February, just as a month of walkouts on the busy commuter route comes to an end. The Rail, Maritime and Transport workers' union has started the process of balloting its ...
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Brazil fines Facebook £1.2 million for improper sharing of user data BRASILIA (Reuters) - Brazil's Ministry of Justice said on Monday it fined U.S. tech giant Facebook Inc (FB.O) 6.6 million reais (1.2 million pounds) for improperly sharing user data. The ministry's department of consumer protection said it had found that data ...
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Another long-standing bar and restaurant closes on South Pearl Street By early 2020, only two of the original Denver Tavern bars and restaurants will remain open, with five others closed for good or slated for remodeling and rebranding. Tavern Platt Park on South Pearl Street will close Tuesday, Dec. 31, BusinessDen reported ...
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Avis Budget Group Names Americas President, Ferraro, to the Post of Interim Chief Executive Avis Budget Group (CAR) - Get Report said Monday that it had named the company's Americas president, Joe Ferraro, to the post of interim chief executive. Ferraro, who has been with the car rental company for 40 years, is succeeding Larry De Shon, who ...
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Microsoft: North Korean hackers stole 'highly sensitive information' from users (CNN) — Microsoft is suing a mysterious North Korean hacking group for allegedly stealing "highly sensitive information" from computers in the United States. A new lawsuit targets two unnamed people who Microsoft claims work for Thallium, which the suit ...
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Kansas McDonald's owner says video proves employee did not write expletive on officer's cup JUNCTION CITY, Kan. (KSNT) – A Junction City McDonald's is receiving national attention after a Herington police officer said he received a coffee with foul language written on it. The owner of the Junction City McDonald's, Dana Cook, said they have video ...
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Recalls continue on foods associated with Almark hard-boiled eggs Veggie Noodle Company is voluntarily recalling its Cece's Veggie Co. brand Fresh Veggie Ramen with Chicken Broth (11.5 oz, UPC 5228700653), all expiration dates, sold at retail stores nationally, because the separately packaged egg (branded Peckish) ...
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Rhode Island gas prices remain steady over holidays PROVIDENCE, R.I. (AP) — AAA says gas prices in Rhode Island are holding steady despite the huge demand for record-breaking holiday travel. The average price of a gallon of self-serve, regular remains at a $2.50 Monday, the same as the past two weeks.
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Honeywell cutting jobs at Twin Cities aerospace site Honeywell International Inc. is cutting 90 positions at its facility in Golden Valley, the company confirmed Monday. The employees are part of the company's aerospace division, according to a filing sent by Honeywell (NYSE: HON) to Minnesota's Department ...
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Ford says Mustang Mach-E reservations full Adds details on reservations. Dec 30 (Reuters) - Ford Motor Co F.N said on Monday reservations for the first edition of its electric sport utility vehicle, Mustang Mach-E, are full. The No. 2 U.S. automaker unveiled the electric Mustang crossover on Nov. 17, and ...
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Tata Group intends to focus more on digital transformation as a future growth strategy: N Chandrasekaran The Tata group has decided to focus more on technology going forward with heavy reliance on the two-pronged digital thrust of transforming existing business for an AI and data-led future and creating the 'Tata Digital' platform to incubate and scale new ...
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Gordmans holding job fairs across Virginia at soon-to-be locations ROANOKE, Va. – Know anyone looking for a job? One company is holding job fairs across the state next week. Gordmans offers clothes and home decor from popular brands at prices way lower than department stores. On Jan. 9, from 11 a.m. to 8 p.m., nine ...
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Mayo Clinic names first-ever chief digital officer Mayo Clinic has hired Rita Khan, a former UnitedHealth executive specializing in digital connections with customers, as the health giant's first chief digital officer. Rochester, Minn.-based Mayo announced the hiring last week, saying that Khan will oversee the ...
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Hasbro finalizes $3.8B Entertainment One acquisition U.S. toymaker Hasbro concluded its multibillion-dollar acquisition of Entertainment One on Monday, the Rhode Island-based business announced. Continue Reading Below. The all-cash deal is valued at $3.8 billion. Entertainment One – or eOne – CEO ...
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Canadarm maker to be acquired by Canadian investors in $1B deal Formerly MacDonald, Dettwiler and Associates being sold to consortium led by Northern Private Capital. The Canadian Press · Posted: Dec 30, 2019 11:34 AM ET | Last Updated: in 16 hours. The site of the Apple headquarters in Cupertino, Calif., is seen in ...
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China rate switch to ease funding costs, but banks not ready to pass cut along By Kevin Yao and Cheng Leng. BEIJING (Reuters) - China's move to change the way banks price loans could help ease funding costs, especially for struggling small firms, although lenders are expected to try to limit the hit to their earnings by not fully passing ...
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17 ways flying has changed over the last decade Between the stringent security, long lines, packed-to-capacity planes, bland meals, and extra fees, flying can be stressful. However, flying today is cheaper, safer, and faster than it has ever been. While we are far from the golden age of aviation, where martinis ...
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Unidentified Drones Light Up Nebraska Nights For the past week, citizens of Phillips and Yuma County in Nebraska have been treated to a mysterious light show as about 20 drones would rise to the skies. According to Markets Insider, the Federal Aviation Administration had no clue where the drones were ...
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Easter eggs spotted on supermarket shelves just days after Christmas Easter eggs have been spotted on supermarket shelves around the country just days after Christmas. Shoppers around the UK have been reporting sightings on social media, with some shops reportedly stocking the chocolate treats from as early as Boxing ...
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FAA's Remote ID for drones explained in 15-minute video You're reading DroneDJ — experts who break news about DJI and the wider drone ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow DroneDJ on Twitter, Facebook, and LinkedIn to stay in the loop. Don't know ...
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US LNG exports soar in 2019 but supply glut may await in 2020 (Reuters) - U.S. exporters of liquefied natural gas (LNG) head into 2020 after a record year that saw exports soar by more than 60%, but growing concerns about weakened demand and heavy competition could act as headwinds in the coming year.
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Cerence Introduces My Car, My Voice – New Voice Clone Solution to Personalize the In-Car Voice Assistant AI-powered capability lets people create a custom voice – their own, a loved one or a friend – for their mobility assistant. BURLINGTON, Mass., Dec. 30, 2019 (GLOBE NEWSWIRE) -- Cerence Inc. (CRNC), AI for a world in motion, today introduced My Car, My ...
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AT&T brings its 5G network to DC area AT&T's 5G network is now live in the Washington, D.C. region. The service provider's 5G network currently works with only one phone, the Samsung Galaxy Note 10+ 5G — a $1,300 phone — however, AT&T is offering the phone for as low as $350 with a ...
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Brand new £650million cruise ship MSC Grandiosa crashes into pier as it comes in to dock in Italy ONE of the world's biggest cruise liners crashed into the pier as it came in to dock this morning. The brand new MSC Grandiosa - which only set sail on its maiden voyage last month - pranged against the wall as it approached the docks at Palermo on the ...
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Asia's century, China's year Way back when 1999 was winding down, pundits were telling us that the Asian Century was about to dawn. That prediction has not yet been fully realised, but few would disagree that 2019 belonged to China. Over the past 12 months, the top headlines have ...
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