Thursday, 18 July 2019
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The $400 Juicero Juicer Is The Funniest Silicon Valley Fail In Forever


Jeff Dunn, who joined as chief executive officer late past year, said anyone who owns a Juicero machine can send it to the company and get their money back for the next 30 days. He went on to list reasons that the machine is still preferable to squeezing the juice by hand. Juicero's machine, he argued, "is critical to delivering a consistent, high quality and food safe product". Read More »

Saudi Arabia Said Likely to Support OPEC Extending Output Cuts

Tass reported Tuesday that total crude oil production from Russian Federation last month was 11.04 million barrels per day, about 67 percent toward a quota outlined in a deal with OPEC , but also cited the minister as saying cuts by the end of April would be 250,000 barrels per day. Read More »

Oil prices fall on expected climb in USA production

Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days and as a USA government report indicated rising production . West Texas Intermediate (WTI) futures were up 3 cents at $52.44 a barrel. Gasoline stockpiles rose by 1.5m barrels to 237.7m barrels during the week ending on 14 April, while those of distillate fuels shrank by 2.0m barrels, according to the Energy Information Administration , the US Department of Energy's ... Read More »

U.S. Treasury rejects Exxon Mobil request to drill in Russia

Exxon, wound down drilling in Russia's Arctic in 2014 following the imposition of sanctions. The company attempted to gain a waiver from sanctions allowing the operation in 2015, but that request was denied by Obama officials. As Exxon CEO, Tillerson opposed the sanctions, telling shareholders in 2014 that sanctions were usually ineffective and caused "very broad collateral damage". Read More »

Trade in the Foreground of Pence Tour


The Vicepresident defended the need of an agreement for both parts that allows USA exporters a full participation in the Indonesian market. But Pence foreshadowed some reworking of the commercial and economic relationship saying that USA exporters should face a level playing field . Read More »

Brexit Will Be So Painful No One Will Follow, Finland Says

May is betting that the weakness of Labour leader Jeremy Corbyn and the unexpected resilience of the United Kingdom's $2.6 trillion economy since last year's Brexit vote will bolster her majority in the British parliament. Critics have also criticised Mr Corbyn and Labour for their ambiguous position on Brexit - with both Mrs May and the Liberal Democrats making Europe central to their campaigns. Read More »

Wall Street set to open slightly higher; French election eyed


Treasury Secretary Steven Mnuchin said earlier Thursday that the tax reform legislation will come "very soon". S&P 500 e-minis were up 2 points, or 0.09 percent, with 115,342 contracts traded.Nasdaq 100 e-minis were up 6.25 points, or 0.11 percent, on volume of 24,801 contracts.On the economic front, data is expected to show March existing home sales expanded slightly to 5.6 million from 5.48 million in February. Read More »

United CEO says no one will be fired after passenger dragged

That's down from $313 million, or 88 cents a share, for the same period past year. In a recent interview with industry publication Corporate Counsel , Hawaiian Airlines chief legal officer Aaron Alter said that there are important lessons to be learned from the current crisis of reputation facing United. Read More »

OPEC sees rivals' oil output rising as it over-delivers on cuts

At 7:40 AM EST on April 13, the West Texas Intermediate crude oil futures contract for May 2017 delivery was trading at $53.21 per barrel-a gain of ~0.19%. The EIA still sees US crude production averaging 9.2 million barrels a day this year but raised its outlook for 2018 to 9.9 million barrels from 9.7 million in its March report. Read More »

South Korea-US free trade agreement to be reviewed, reformed: Pence


U.S. Vice President Mike Pence waves before leaving for Japan, at Osan Air Base in Pyeongtaek, South Korea, Tuesday, April 18, 2017. In addition to abandoning the Trans-Pacific Partnership (TPP), the world's largest FTA, Washington has criticised a number of Asian trading partners, such as China, Japan or South Korea, saying they have worked together to devalue their currencies to gain competitive advantages over the US. Read More »

New Residential Investment Corp. (NYSE:NRZ) Climbs 1.46% in Pre-Market


In addition, the company has an interest in a portfolio of consumer loans, including unsecured and homeowner loans. 10/06/2016 - Wedbush began new coverage on New Residential Investment Corp . 01/31/2017 - New Residential Investment Corp . had its " rating reiterated by analysts at Keefe, Bruyette & Woods. The company earned $231.81 million during the quarter, compared to analyst estimates of $158.30 million. Read More »

Japan pushes back on United States trade deal


Finance Minister Taro Aso, after meeting with U.S. Treasury Secretary Steven Mnuchin on the sidelines of a Group of 20 finance chiefs' gathering in Washington, said he does not "take issue" with Trump's comment. Aso, who doubles as Japan's deputy prime minister, met with U.S. Vice President Mike Pence for talks in the Japanese capital before coming to Washington. Read More »

Antero Resources Corp (AR) Expected to Announce Earnings of -$0.01 Per Share


During the session shares stayed in the range from $21.60 to $21.37. 06/14/2016 - Antero Resources Corporation had its " rating reiterated by analysts at Credit Suisse. COPYRIGHT VIOLATION WARNING: This piece of content was posted by BBNS and is owned by of BBNS. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of USA and worldwide copyright & trademark legislation. Read More »

Power nearly fully restored after San Francisco outage


The citywide power outage occurred around 9:19 a.m. "While no major injuries were reported, the ordeal meant everything from lost business at shuttered shops in Union Square to minor shake-ups for those briefly trapped by darkness in the bowels of downtown skyscrapers", SFGate reported, adding that people who were trapped in elevators and had to be rescued. Read More »

Pagegroup PLC (PAGE) Upgraded by Credit Suisse Group AG to "Neutral"

According to an update released by analysts at Numis Securities the broker has now set a "Hold" rating on shares of Segro PLC (LON:SGRO) with a price target of 494. 1607 Cap Limited Co, Virginia-based fund reported 170,017 shares. Gemfields plc is a supplier of colored gemstones. Kepler Capital Markets upgraded Pagegroup PLC to a buy rating and boosted their price target for the stock from GBX 425 ($5.35) to GBX 550 ($6.92) in a research report on Tuesday. Read More »

Miami's Chen has no-hitter through 6 innings vs. Seattle

He played his first 11.5 seasons in Seattle , where he amassed 2,533 hits and was a 10-time All-Star. At 9:41 on Tuesday night, with the Mariners down five runs, Seattle right fielder Mitch Haniger drilled a one-out double into the right-center field gap, thus giving the Mariners a hit - their first (and only) hit of the night. Read More »

Union of Concerned Scientists ranks MA 3rd in clean energy progress


The other states in the top 10 included, in order: Massachusetts , Rhode Island , Hawaii , Oregon , Maine , Washington , New York and Iowa . MA further earned top-10 rankings in six other metrics, including: fifth in the amount of residential solar per capita and the strength of its global warming emissions reduction targets, and sixth in reduction of power plant pollution and creation of an environment friendly to businesses looking to procure clean energy . Read More »

Leaders of IMF and World Bank defend globalization


China is still embracing open trade, as the country has lifted millions of people out of poverty through engaging more and more in trade, said World Bank President Jim Yong Kim on Thursday. "The leadership that China is now taking in the overall world of development I think is unprecedented", he said according to China Daily . World Bank President Jim Yong Kim speaks at the opening press conference of the 2017 World Bank and International Monetary Fund (IMF) Spring Meetings in Washington ... Read More »

'Charging Bull' Sculpture Artist Not Happy With NYC Over 'Fearless Girl'

People stop to photograph the "Fearless Girl" statue in NY, made by Lewes artist, Kristen Visbal . But Siegel argues the statue is a publicity stunt and cites the removal of a plaque at the statue's base, which referred to an exchange trade fund "SHE", as an admission " Fearless Girl " had an ulterior motive. Read More »

Surge in bets for Jeremy Corbyn to be the next prime minister

Quizzed on the Labour Party proposal, Ms Thornberry deflected the question and referred the BBC host back to the party manifesto . "It's our historic duty to make sure the people prevail". "The SNP will absolutely win this election - there is no doubt about it", said Craig McAngus, of Aberdeen University's department of politics and worldwide relations. Read More »

Champs Elysees Shooting What we know about Paris attack


Several posted messages branding the National Front leader France's "last hope" and another said: 'Another terrorist attack in Paris . ISIS has claimed credit for the attack. National police spokesman Jerome Bonet, also speaking on BFM television, said "there were thousands of people" on the iconic boulevard in Paris when the gunman opened fire and that the rapid response of officers who shot and killed him avoided a possible "carnage". Read More »

Oil Prices Slip Despite Draw In Crude, Gasoline Inventories

The EIA will publish its regular update on US crude stocks later today after it said last week that oil inventories hit a record 535.5 million barrels. "Upward revisions were seen in Russia's production due to the approval of production ramp ups from the three new projects started up past year including Filanovsky in the Caspian", the OPEC said. Read More »

IS death toll hits 90 from huge USA bomb in Afghanistan


Known as the "mother of all bombs", or MOAB, the device was dropped on Thursday evening by an MC-130 transport plane, falling in Nangarhar's Achin district. US President Donald Trump called it a "successful mission" and said that the US military had full authoirisation to attack. "Our latest reports indicate that four main commanders are among the 94 people killed", Aqa told Stars and Stripes. Read More »

Ontario to tax non-resident foreign housing buyers 15%

The new legislation would also allow Toronto-and possibly other municipalities-to table a tax on vacant homes. We will be sharing relevant data more regularly between governments to enhance understanding of the Ontario housing market and to help inform analysis of current and future measures created to provide market stability. Read More »

For second time this week, Trump jabs at Canada over trade

Gov. Andrew M. Cuomo of NY and Gov. Scott Walker of Wisconsin have also complained about the Canadian dairy pricing practices. Bonnett will be in the US next week, discussing trade issues with farming groups in California, Iowa, Kansas and Wisconsin, hoping to relay a message that trade between the two nations, as well as with Mexico, has "actually benefitted" producers in all of these jurisdictions. Read More »

Turkish election commission rejects calls to annul referendum


Turks on Sunday voted by a narrow 51.4 percent margin to change their constitution and grant President Tayyip Erdogan sweeping new powers. But the worldwide electoral monitor said that while the referendum's technical processes were well administered, there were key issues related to media coverage and the circumstances under which the vote occurred, such as Turkey's ongoing state of emergency enacted after a failed coup d'etat attempt past year. Read More »

Trump says 'no deal' was made for charity worker

Trump met with Egyptian President Abdel Fattah el-Sisi in early April in the White House and reportedly brought up Hijazi's case during their discussions. Donald Trump Jr. will target more than just Montana's Republican voters when he helps technology entrepreneur Greg Gianforte campaign for an open U.S. Read More »

Pence says U.S. will honor refugee deal


The vice president also reiterated the importance of global cooperation between the two countries and noted that soldiers from both nations fought alongside one another in Iraq and Afghanistan. While in Australia, Pence and his family will also meet some local wildlife at Sydney's zoo, take a harbor cruise and tour the world-famous Sydney Opera House. Read More »

World oil prices edge down over expected climb in U.S. output

Saudi Arabia's oil exports fell to 6.96 million bpd in February from 7.7 million bpd in January. Prices touched $52.14, the lowest since April 7. The industry body American Petroleum Institute had reported an increase of 2.254 million barrels in gasoline inventories on Tuesday, setting the stage for crude's slide. Read More »

Delta to pay up to $10000 to bumped customers


United has been under fire since videos emerged of security officers forcibly removing a passenger from his seat and dragging him down the aisle by the wrists. But the poll's most concerning finding if you're the CEO of United is that among those respondents who hadn't heard of United's troubles, only 51 percent would choose an American Airlines flight over an identical United flight, with 49 percent choosing United. Read More »

BP well in Alaska leaking gas after unknown incident

By looking at the aerial pictures that were released by the department, it seems that the release is under control and contained to the gravel pad only, which surrounds the head of the well. The spray of crude onto the pad of the well, which occurred when the well in the bay area of Greater Prudhoe was leaking gas, stopped by afternoon on Sunday. Read More »

Can not pass order on reclaiming Kohinoor


Refusing to monitor government efforts for getting the Kohinoor back to India from the United Kingdom, the Supreme Court on Friday said the court can not order the diamond's return or say that the UK should not auction it. "We are quite surprised as to how an Indian court can pass an order to bring something which is in the United Kingdom", a bench of Chief Justice Jagdish Singh Khehar, Justice D.Y. Read More »