Finance

Finance Fear, Hoarding Contribute to Gas Station Rush
Author: 0 Fear, Hoarding Contribute to Gas Station Rush

On Thursday night, Mayor Ron Nirenberg tweeted that there was no gas shortage and that distribution issues are being resolved... along with a fitting clip from the film It's a Wonderful Life. "There's plenty of gasoline ", Sitton insisted in his interview with WFAA . "I don't believe a week from now that this will be an issue", Sitton said.

Finance Starbucks' Pumpkin Spice Lattes arrive in Pennsylvania
Author: 0 Starbucks' Pumpkin Spice Lattes arrive in Pennsylvania

And if you can't get enough of it, Starbucks is introducing a line of ready-to-drink PSL bottles to grocery stores this month as well. In the comments of the video, Starbucks wrote that this year "the official launch of PSL season in the United States will be the same day for everyone".

Finance Slower US Hiring and Growth in Unemployment Clouds Task for Fed
Author: 0 Slower US Hiring and Growth in Unemployment Clouds Task for Fed

USA job creation slowed in August while the unemployment rate moved a notch higher, according to a key data report released Friday. August was the 83rd straight month of job gains. Professional and business services saw the biggest gains in August, with payrolls in this sector rising by 40,000. Employment growth has always been expected to slow, though, as slack in labour markets is absorbed.

Finance Chinese industrial output strong in August, PMIs show
Author: 0 Chinese industrial output strong in August, PMIs show

The Markit/CIPS UK Manufacturing Purchasing Managers' Index ( PMI ) jumped to 56.9 from 55.3 in July, higher than any forecasts in a Reuters poll of economists. Only "textiles clothing furniture and other manufacturing" contracted (46.1 points) but even this sub-sector improved from previous months. Companies expanded their production schedules and buying activity, while business confidence rose to its highest level in five months.

Finance Energy costs push Eurozone CPI past forecasts in August
Author: 0 Energy costs push Eurozone CPI past forecasts in August

August's reading came out of market expectation, thanks to the energy sector which has seen its price climbed by 4 percent this month, rather higher than the 2.2 percent increase in July. A Reuters poll conducted before the release of the regional data suggested EU-harmonised consumer price inflation ticked up nationwide to 1.7 percent in August from 1.5 percent in July.

Finance Colonial Pipeline Will Temporarily Shutdown Due To Hurricane Harvey
Author: 0 Colonial Pipeline Will Temporarily Shutdown Due To Hurricane Harvey

A major supplier of petroleum products to the southeastern United States, Colonial Pipeline Company has officially announced the shutdown of a diesel and aviation fuel pipeline, as well as the potential shutdown of two commercial automotive gasoline pipelines, both of which terminate in Greensboro, NC.

Finance Sandra Bullock donates $1 million for Hurricane Harvey relief
Author: 0 Sandra Bullock donates $1 million for Hurricane Harvey relief

There will be two "zero to hero" courses offered on Thursday at the northern Miami Valley chapter of the Red Cross in Troy. "It does work, and it's in desperate need", said Red Cross volunteer Nancy Sluzinksi. The 53-year-old star previously donated $1 million to the Red Cross to help victims of the massive quake and tsunami in Japan in 2011, just one of her many charitable efforts.

Finance Alexa meet Cortana: The AI superteam coming to your Windows PC
Author: 0 Alexa meet Cortana: The AI superteam coming to your Windows PC

There's no specific word on which will hit the Australian market, although Google expects "most" of them to make it to Australia. Alexa users will be able to access Cortana's deep integration with the Office Suite, enabling them to schedule meetings, access calendars, set reminders, and even read work emails.

Finance Toshiba Says Deal Talks For Memory Biz Sale Still Ongoing
Author: 0 Toshiba Says Deal Talks For Memory Biz Sale Still Ongoing

Toshiba Corp . on Thursday missed a deadline to sign an agreement by the end of August for the sale of its profitable chip unit, saying it is still in talks with three consortiums. A third consortium includes Western Digital , Toshiba's USA -based chip factory partner, which has tried to block any sale to a third-party in court.

Finance Texas AG Paxton Warns Price Gougers: 'We Are Likely to Find You'
Author: 0 Texas AG Paxton Warns Price Gougers: 'We Are Likely to Find You'

Texas Gov. Greg Abbott also spoke out against price gouging, calling it "un-Texan". If the victim is over the age of 65, that fine is upped to $250,000. In Houston, gas is going for an average of $2.17 per gallon, compared with $2.12 the week before. But the Attorney General says the state's crackdown has been effective, telling Varney, "The number of complaints coming in has actually declined significantly".

Finance Best Buy accused of price gouging on bottled water
Author: 0 Best Buy accused of price gouging on bottled water

Best Buy has now apologized for gouging prices on water at a Houston branch during Hurricane Harvey , according to TMZ . The price-gouging by Best Buy is a awful example of how a company can take advantage of people during a desperate situation.

Finance Expert says gas prices will keep creeping upward due to Harvey
Author: 0 Expert says gas prices will keep creeping upward due to Harvey

With supplies under pressure, gasoline futures are trading at more than two-year highs. Those prices are expected to go back down once Hurricane Harvey subsides. Hurricane driven price spikes don't tend to last long but will affect drivers in the Kansas City area. Gas prices jumped throughout the nation and in Wyandotte County following Hurricane Harvey's damage to oil refining in Texas.

Finance Google Assistant coming to speakers and home appliances
Author: 0 Google Assistant coming to speakers and home appliances

Anker is also behind the Alexa-enabled Eufy Genie , which retails for under $35. On the same day that we learn about a Cortana and Alexa team up , Google has also announced big things for Google Assistant . Panasonic's offering has two 20mm soft dome tweeters and an 8cm woofer, and is set to deliver Hi-Fi audio. But if for some reason your music streaming app is not supported by the Google Assistant , you can still stream via Bluetooth, and it does support the latest version of ...

Finance United States annual growth rate revised up to 3% in second quarter
Author: 0 United States annual growth rate revised up to 3% in second quarter

Inflation as measured by the Fed's preferred PCE index decelerated sharply to a 0.3% gain in the second quarter down from a 2.2% increase in the first quarter. That was up from the government's original estimate of a 1.9% gain. This came in contrast to a decrease of $46.2bn in the January-March period. The downgrade reflects a 1.7 percent fall in spending by state and local governments.

Finance Israeli-founded pharma company Kite snapped up for some $11 billion
Author: 0 Israeli-founded pharma company Kite snapped up for some $11 billion

In London, FTSE 100 is closed for the August Bank Holiday, while U.S. futures have the S&P 500 trading 0.5 points down; the Nasdaq is down 2.5m while the Dow Jones Industrial Index off 19 points. (NASDAQ:GILD) shares with value of $337,392 were sold by Alton Gregg H . Timothy L. Moore, EVP let go of $1,296,120 worth of shares at an average price of $108.01 on Tue the 1st.

Finance Beware Of Hurricane Harvey Charity Scams
Author: 0 Beware Of Hurricane Harvey Charity Scams

Well, the stars heard Hart loud and clear and immediately began confirming they donated to Houston, where 30,000 people have been displaced. Most of the celebrities he mentioned are yet to respond to the challenge publically, but they have used social media to extend their support to Houston.

Finance Former GE CEO out of running to lead Uber
Author: 0 Former GE CEO out of running to lead Uber

Some members of Uber's board are pushing for HPE chief Meg Whitman to become CEO, since she's vehemently opposed to Kalanick's involvement. Uber originally promised t o hire a new CEO by September , and Benchmark has asked for an expedited hearing on its suit.

Finance Pakistan 'postpones' visit by senior United States official
Author: 0 Pakistan 'postpones' visit by senior United States official

On the other side, the anti-Taliban camp is also a divided one with regional states playing one faction off another. "We can no longer be silent about Pakistan's safe havens for terrorist organisations, the Taliban, and other groups that pose a threat to the region and beyond", Trump said.

Finance Oscar De La Hoya: Mayweather Let McGregor Win Rounds
Author: 0 Oscar De La Hoya: Mayweather Let McGregor Win Rounds

McGregor has never fought more than five rounds before, and Mayweather stuck to his plan and allowed McGregor to burn so much energy being the aggressor. Mayweather chased him down, landing heavy blows as McGregor fell for his feints and walked into punches a more experienced boxer might have avoided.

Finance Cheaper avocados are here: Amazon closes Whole Foods deal
Author: 0 Cheaper avocados are here: Amazon closes Whole Foods deal

Prices of Organic Gala Apples fell 33 percent to $1.99 a pound while non-GMO large eggs were on sale for $2.99, down from $3.49. Amazon kicked off its first day as the owner of Whole Foods by slashing prices, adding its logo on signs and setting up a stand of "farm fresh" Amazon Echo voice-assistant devices by store entrances.

Finance Kite Soars on Sale to Gilead - Biotech Movers
Author: 0 Kite Soars on Sale to Gilead - Biotech Movers

The rating was upgraded by Societe Generale on Tuesday, January 10 to "Buy". Jefferies reinitiated it with "Hold" rating and $80 target in Tuesday, July 11 report. Here are three reasons for investors to cheer Gilead's acquisition of Kite . (NASDAQ: GILD ). Hendershot Invests Inc, a Virginia-based fund reported 53,319 shares.

Finance UM to open football season in all-maize uniform at Florida Gators
Author: 0 UM to open football season in all-maize uniform at Florida Gators

Of course, the 17th-ranked Gators still have not determined a starting quarterback, at least publicly. "We'll leave that for them to guess as well". After some digging and talking to sources , I can confirm that the MI football team was told about the alternative jersey and was able to wear them at Friday's practice.

Author: 0 The Meaning Behind Jon Snow's Real Name in Game of Thrones

But in an even more jaw-dropping moment in the season seven finale, Bran Stark and Sam come face to face to discuss the true parentage of Jon Snow . Daenerys was the youngest, and she was born on Dragonstone around the same time as Jon , but she's still his father's sister. Although, if that happens, the fans will finally have to revolt.

Finance Carnival cruise ships redirected to New Orleans after Port of Galveston closes
Author: 0 Carnival cruise ships redirected to New Orleans after Port of Galveston closes

Currently, the Carnival Freedom and Carnival Valor are at sea in the middle of their voyage. The ship instead stayed an extra day in Cozumel, an island off of Mexico. The mayor of Galveston, James Yarbrough, warned residents to shelter in place as Galveston is expected to be inundated with water as a result of Hurricane Harvey .

Finance Oil platforms being evacuated due to Tropical Storm Harvey
Author: 0 Oil platforms being evacuated due to Tropical Storm Harvey

The U.S. West Texas Intermediate crude September contract was at $47.76 a barrel by 06:30 a.m. ET (10:30 GMT), up around 33 cents or 0.70%. Brent crude was 14 cents higher at United States dollars 52.18 a barrel by 2:20 p.m. It is now taking aim between Houston and Corpus Christi on the coast of Texas. Oil refineries in the city run by Citgo Petroleum, Valero Energy Corp and Flint Hills Resources also began shutting down.

Finance Ulta Beauty Continues To Post Steep Loss In Afternoon Trading
Author: 0 Ulta Beauty Continues To Post Steep Loss In Afternoon Trading

Over the past month the firm's stock is -14.86%, -29.78% for the last quarter, -22.97% for the past six-months and -21.77% for the previous year. About 10,554 shares traded. ULTA Salon, Cosmetics & Fragrance, Inc. was covered by a number of analysts recently, 6 rated the stock as Buy, 9 rated Hold, 0 rated sell and 0 gave an Underperform.

Finance Miller: DOE study supports renewable energy
Author: 0 Miller: DOE study supports renewable energy

As explained in the report, policies such as the PTC are contributing factors in the premature retirement of baseload power plants across the country. "Today electricity markets do not properly credit nuclear energy for the numerous benefits it delivers, forcing plants to close years before the end of their useful lives and compromising grid reliability and resiliency in the process", she added.

Finance Stocks End Mixed, Mostly Unchanged; Yellen Talks, Market Yawns
Author: 0 Stocks End Mixed, Mostly Unchanged; Yellen Talks, Market Yawns

The Fed chief was mum on monetary policy, disappointing markets who were hopeful for guidance on interest rate policy. Konstantinos Anthis commented "It seems that investors feel pretty good about the currency's outlook and this is mostly attributed to the fact that even if Draghi says nothing at this point, tapering is indeed around the corner".

Finance Uber's second quarter: bookings increase and loss narrows
Author: 0 Uber's second quarter: bookings increase and loss narrows

It means the most talked-about company in Silicon Valley has been apparently unscathed by the unprecedented series of scandals that have engulfed the company in 2017. The loss figures , allowing for earnings before interest, taxes, depreciation and amortization, came in at $534 million, down from $598 million in the quarter before.

Finance Samsung leader sentenced to five years in prison in bribery case
Author: 0 Samsung leader sentenced to five years in prison in bribery case

Lee was accused of wiring the equivalent of nearly $40 million from Samsung subsidiaries to two foundations set up by a confidante of impeached president of South Korea Park Geun-hye. Shares of Samsung Electronics , where Lee is the vice chairman, finished down 1.05 percent at 2,351,000 won. But over the years, it has also come to epitomize the cosy ties between politicians and powerful family-controlled business groups - or chaebols - which have been implicated in a series of ...

Finance VW engineer sentence for role in emissions fraud
Author: 0 VW engineer sentence for role in emissions fraud

In a memo submitted to the court last week, prosecutors acknowledged that Liang did not "mastermind" the plan, but argued that he abdicated his responsibility to speak out. Mr. Schmidt earlier this month pleaded guilty to charges of conspiracy and violating environmental law for concealing the use of illegal emissions software from USA and California regulators.

Finance United States media dishonest, lobbying tool, says Donald Trump
Author: 0 United States media dishonest, lobbying tool, says Donald Trump

The poll also found that 42 percent of voters approve of the job Trump has done so far in office, while 55 percent disapprove. The Quinnipiac poll was conducted after the rally in Charlottesville, where white nationalists clashed with counter-protesters, resulting in three deaths and at least 34 injuries.

Finance Amazon slashes Whole Foods prices; supermarket shares plummet
Author: 0 Amazon slashes Whole Foods prices; supermarket shares plummet

The significance of the move goes well beyond the price of organic avocados, baby kale and rotisserie chickens, all of which will cost less Monday than Sunday. Amazon sent the buy-side grocery sector into a whirlwind of activity earlier this year when it announced its intent to purchase Whole Foods. " Amazon is known for value, so what we're going to see is prices going down", supermarket analyst Phil Lemperttold CBS.

Finance Qantas records strong profits, flags ultra-long haul flights
Author: 0 Qantas records strong profits, flags ultra-long haul flights

Qantas today posted its second-highest underlying profit result in the 97 year history of the national airline. The source added the return leg from London to Sydney would most likely take the more traditional route across Europe and Asia down to Australia.