Business

Business Navy to remove 7th Fleet commander after McCain collision
Author: 0 Navy to remove 7th Fleet commander after McCain collision

Navy operations. The Navy's 7th Fleet said Thursday the search and rescue mission in the surrounding waters for the missing sailors has been suspended as divers continue to search the ship. At least five of the 10 missing sailors have been identified by relatives. But as the days pass, the searches both on the ship and in the sea are spreading, the Navy said.

Author: 0 Yellen, Draghi mount defense of post-crisis financial regulation

First, the President, who loves to tweet about the rising stock market , has Yellen to thank. But, overall, most research "suggests that the core reforms we have put in place have substantially boosted resilience without unduly limiting credit availability or economic growth", Yellen said.

Business D-backs make most of homers in win over Giants
Author: 0 D-backs make most of homers in win over Giants

This will be Stratton's second career game against the Diamondbacks. "When I'm able to do that, I can throw all my pitches". "I don't think any team's goal is to play meaningful baseball in September". the Giants. Stratton faced Arizona at home on August 5 but did not factor in the decision after giving up three runs - two earned - over five frames in the Giants' 5-4 victory.

Business Pump gas into your vehicle before the prices rise higher
Author: 0 Pump gas into your vehicle before the prices rise higher

Gas prices in the days ahead could potentially head in one direction, upward, as the Texas Gulf Coast, home to almost a quarter of the country's gasoline production, recovers from Hurricane Harvey. On Twitter , GasBuddy.com analyst Patrick DeHaan is predicting prices in the Midwest will go up by a dime to a quarter per gallon in the next two weeks.

Business RBI to introduce new Rs 1000 note by December
Author: 0 RBI to introduce new Rs 1000 note by December

Long queues of people were witnessed at RBI offices today to get the new Rs 200 currency note that has been introduced for the first time by the central bank. The data has however not been provided for the Rs 500 notes which were also demonetised. "The Rs 2,000 note will continue to exist but the focus will be on the lower-denomination notes".

Business Dollar dumped as Yellen dances around monetary policy
Author: 0 Dollar dumped as Yellen dances around monetary policy

After consolidating most of the week, gold prices rose on Friday after U.S. Federal Reserve Chair Janet Yellen made no mention of monetary policy in her much-anticipated speech at the central bankers' conference at Jackson Hole, Wyoming .

Business Uber selects Expedia CEO to take over for Kalanick
Author: 0 Uber selects Expedia CEO to take over for Kalanick

Meg Whitman, now head of Hewlett-Packard Enterprise and formerly of eBay, was also been mentioned as a possible candidate for the position, but Whitman put that speculation to rest in late July when she proclaimed " Uber's CEO will not be Meg Whitman".

Business Hurricane Harvey Misses Mexico but Not Its Gasoline Supply
Author: 0 Hurricane Harvey Misses Mexico but Not Its Gasoline Supply

The outlook isn't much better ahead, with output from two of the state-owned company's refineries either severely curtailed or shut down. Almost one-third of the nation's refining capacity sits in low-lying areas along the coast from Corpus Christi, Texas, to Lake Charles, Louisiana.

Business Channel Ten bought by America's CBS Network
Author: 0 Channel Ten bought by America's CBS Network

The Ten Network was placed in voluntary administration in June after two billionaire backers refused to continue guaranteeing a key loan of some A$200 million (S$215.3 million). PPB Advisory and KordaMentha on Monday said the acquisition was an important milestone in securing a strong and stable future for the company and its stakeholders.

Business 14 arrested as Berkeley protests lead to chaos, violence
Author: 0 14 arrested as Berkeley protests lead to chaos, violence

Police in riot gear fired a rubber bullet at one demonstrator who attempted to cross a barricade into the park, which was closed to the public, but later opened. "You should be ashamed of yourself". Several other people also yelled at the man, who said he was born in Mexico but supports Trump's proposal to build a wall along the southern border.

Business Warning as chemical 'haze' descends on English beach goers
Author: 0 Warning as chemical 'haze' descends on English beach goers

Authorities believe a suspected chorine leak may have impacted beach-goers on Birling Gap in Sussex and have evacuated a six-mile segment of the coastline. If the symptoms persist, people are told to seek medical advice, although only attend hospital if it is an absolute emergency . East Sussex Fire and Rescue officer Dawn Whittaker tweeted: "The fire service has Emergency Services dealing with environmental incident nr Birling Gap, many casualties, public advised avoid area".

Author: 0 Oil steady after United States crude stockpiles drop

Oil prices in U.S. rose during Friday's trade as the dollar fell. Brent oil for October delivery on the ICE Futures Exchange in London advanced 35 cents or 0.67% to $52.38 a barrel. A little less than 10 percent of offshore U.S. Gulf of Mexico crude output capacity and almost 15 percent of natural gas production had been halted by midday on Thursday, government data showed.

Author: 0 Institutional Investor Sentiment About Portland General Electric Co (NYSE:POR) Improved

Quadrant Cap Limited Liability Company holds 2.11% or 77,750 shares in its portfolio. The shares were bought on July 24th for an average price of $25.62. General Electric makes up approximately 2.6% of Wheatland Advisors Inc.'s portfolio, making the stock its 9th largest position. Doliver Capital Advisors Inc., a Texas-based fund reported 47,895 shares.

Business 8 killed in United Kingdom motorway crash
Author: 0 8 killed in United Kingdom motorway crash

The crash occurred on the M1 near Milton Keynes, a town in southern England. A 53-year-old from Stoke-on-Trent is also in custody, on suspicion of one count of causing death by risky driving. On Sunday, Thames Valley police said all four were in a serious condition. Ismail Elmagdoub, director of Aim Logistics said: "We are aware of one of our vehicles being involved in an incident on the M1 this morning".

Business Almost 3000 Flights Canceled in Harvey's Wake
Author: 0 Almost 3000 Flights Canceled in Harvey's Wake

As expected, Corpus Christi International Airport has been shut down and is not expected to reopen until Monday, Southwest Airlines told Business Insider. In Corpus Christi, officials said late Saturday that the airport received "only minor damage", but that the "terminal and airfield remain closed to normal traffic".

Author: 0 Hot Stock to Watch: Valero Energy Corporation (VLO)

The stock rose 0.48% or $0.32 reaching $67.76. Riggs R. Lane sold $2.05 million worth of stock or 31,522 shares. The ex-dividend date is Monday the 7th of August 2017. The stock increased 2.63% or $1.73 during the last trading session, reaching $67.44. Cisco Systems Inc. had 105 analyst reports since August 4, 2015 according to SRatingsIntel.

Business Jeff Immelt says he's not going to be the CEO of Uber
Author: 0 Jeff Immelt says he's not going to be the CEO of Uber

Times reporter Mike Isaac tweeted that Immelt pulled out to save face because he didn't have the necessary support from Uber's board. Meg Whitman , the chief executive of Hewlett Packard Enterprise, was emerging as the likely candidate to be selected as Uber's new chief on Sunday, according to two people with knowledge of the process, who spoke on the condition of anonymity because the details were confidential.

Business President Donald Trump on Top of Hurricane Harvey Response
Author: 0 President Donald Trump on Top of Hurricane Harvey Response

ABC News reports that Harvey struck with torrential rain and winds of up to 130 miles per hour, devastating the town of Rockport, where one person is confirmed dead. Some structures were destroyed. Ten critically ill babies in Corpus Christi were taken to a hospital in North Texas ahead of the storm, the Cook Children's Hospital in Fort Worth said in a statement.

Business Hurricane Harvey victims: Here is what you can do to help
Author: 0 Hurricane Harvey victims: Here is what you can do to help

High winds kept emergency crews out of many places, while authorities said it could be hours before emergency teams are able to fully assess damage. If the storm continues dumping tens of inches of water across large swathes of Texas, as is expected, flooding in the Houston and Beaumont areas could continue to affect oil production.

Author: 0 Fed Chair Warns Trump to Not Roll Back Wall Street Regulations

It could be Yellen's final appearance at Jackson Hole as the Fed chair because her term expires in February 2018. The current interest rate gauge of 1-1.25 percent, coupled with feeble economic growth is unacceptable, as the president repeatedly emphasized, as it requires greater government participation in the economy and thus is fuelling corruption.

Business Pennsylvania Real Estate Investment Trust (NYSE:PEI) showed weekly volitility of 3.84%
Author: 0 Pennsylvania Real Estate Investment Trust (NYSE:PEI) showed weekly volitility of 3.84%

Out of the N/A covering Street analysts providing stock ratings for Anthem, Inc. St James Investment Company Llc decreased Royal Gold Inc (RGLD) stake by 2.93% reported in 2016Q4 SEC filing. 14,340 are held by Neuberger Berman Grp Limited Liability Com. Shares of Novavax, Inc. Analysts expect Investors Real Estate Trust (NYSE:IRET) to report $0.10 EPS on September, 14.They anticipate $0.02 EPS change or 16.67% from last quarter's $0.12 EPS.

Business Manchester United aim for third win as they face Leicester City
Author: 0 Manchester United aim for third win as they face Leicester City

The tale of Manchester United this season has been the story of a team so dominant that we have swatted aside opponents with relative ease. Hopefully we can get on a good run and challenge for the title which is what we want to be doing and then any other trophies are a bonus.

Author: 0 Keep crash rules says Yellen as Draghi fears protectionist rise

Although, he did indicate that global economy is firming, which may have jolted the 1% higher against the US dollar , hitting its strongest level against greenback since January 2015 (http://www.marketwatch.com/story/dollar-tilts-lower-as-markets-get-set-for-yellen-speech-2017-08-25).

Author: 0 GAM Holding AG Purchases 106571 Shares of Whole Foods Market, Inc. (WFM)

Sterne Agee CRT downgraded Whole Foods Market, Inc. The Prentiss Smith & Co Inc holds 210,858 shares with $6.49M value, down from 223,540 last quarter. Among 30 analysts covering Whole Foods Market Inc (NASDAQ: WFM ), 4 have Buy rating, 5 Sell and 21 Hold. Whole Foods Market declared that its board has approved a share buyback plan on Wednesday, May 10th that permits the company to repurchase $1.25 billion in outstanding shares.

Business Gas prices will jump thanks to Tropical Storm Harvey
Author: 0 Gas prices will jump thanks to Tropical Storm Harvey

Thousands of passengers on several Carnival cruise ships are stranded and unable to return to the Galveston, Texas port because of Tropical Storm Harvey . Hurricane Harvey made landfall near the city of Corpus Christi, Texas, Friday night as a Category 4 storm, the NHC said. "It is not hyperbole to say that if the forecast verifies, Texas is about to experience one of the worst natural disasters in the history of the state".

Business Numis Securities Ltd Reaffirms Buy Rating for John Wood Group PLC (WG)
Author: 0 Numis Securities Ltd Reaffirms Buy Rating for John Wood Group PLC (WG)

The stock of Playtech PLC (LON:PTEC) has "Buy" rating given on Wednesday, December 7 by Canaccord Genuity. As per Thursday, September 22, the company rating was maintained by N+1 Singer. It has a 16.29 P/E ratio. The Firm is engaged in the provision of business information, events and marketing solutions to professional and commercial markets.

Business Fed's Yellen Defends Postcrisis Regulations in Jackson Hole
Author: 0 Fed's Yellen Defends Postcrisis Regulations in Jackson Hole

Further supporting the bullish sentiment, there were reports that said U.S. President Donald Trump will put more focus on fulfilling campaign promises of implementing tax reform. Trump has been particularly critical of the Dodd-Frank law, Congress's main response to the 2008-09 financial crisis. "The steps to improve the capital positions of banks promptly and significantly following the crisis have resulted in a return of lending growth and profitability among U.S.

Business Analysts Are Gushing Over Tesla, Inc. (TSLA), Ford Motor Company (F)
Author: 0 Analysts Are Gushing Over Tesla, Inc. (TSLA), Ford Motor Company (F)

HSBC upgraded the shares of GNK in report on Tuesday, December 15 to "Hold" rating. As per Friday, June 3, the company rating was initiated by Sterne Agee CRT. SRS Capital Advisors Inc. raised its position in Tesla by 1,213.3% in the first quarter. 129.92 million shares or 0.10% less from 130.04 million shares in 2016Q3 were reported.

Author: 0 Oil slips almost 3 percent as USA refineries shut ahead of Harvey

About 25% of U.S. Gulf of Mexico oil production is offline due to Hurricane Harvey (now a tropical storm ), the U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement said on August 26. As of 11:30 a.m., Gulf operators reported they have evacuated 112 out of 737 platforms and five of 10 drilling rigs , and one so-called dynamically positioned rig has moved off its drilling site, a precautionary move as the storm swept through the region, according to the ...