Money

Hurricane Harvey strands 4 ships with 20000 passengers in the Gulf

Hurricane Harvey strands 4 ships with 20000 passengers in the Gulf Harvey is now about 70 miles east-southeast of Corpus Christi, Texas , according to the National Hurricane Center. Both the Carnival Freedom and Valor, each with capacity for about 2,980 passengers at double occupancy, stopped in New Orleans Saturday to replenish supplies, and the 3,690-passenger Carnival Breeze will do the same Monday. [Full Article...]

Drillers evacuate Gulf platforms, shut in wells in wake of Harvey

Drillers evacuate Gulf platforms, shut in wells in wake of Harvey The largest storm to hit the United States since the disastrous Hurricane Katrina in 2005 has so far claimed three lives. "Damage and flooding to refineries and shale fields, disrupted production in the Gulf of Mexico and infrastructure damage are unlikely to be bearish for WTI", said Jeffrey Halley, market analyst at brokerage OANDA. [Full Article...]

Harvey forces cancellation of 2700 flights

Harvey forces cancellation of 2700 flights Hurricane Harvey has strengthened to a Category 2 storm and is expected to become a Category 3 before it makes landfall. Southwest Airlines Co. said its flights at Hobby are canceled until Monday. But San Antonio International, William P. Hobby in Houston and Houston George Bush International remain open with flights on time, according to the Federal Aviation Administration. [Full Article...]

Ex-General Electric boss Jeffrey Immelt rules himself out of Uber role

Ex-General Electric boss Jeffrey Immelt rules himself out of Uber role Uber's quest for a new chief executive to succeed Travis Kalanick has taken another twist after one of America's most senior corporate figures ruled himself out. But Whitman, 61, rebuffed advances by Uber's search committee after her candidacy was made public by Bloomberg and other publications. The Holder report looked into whether Uber had a culture of sexual harassment, among other thing... [Full Article...]

Robert Mueller subpoenas firms that worked with Manafort's Ukraine lobbying

Robert Mueller subpoenas firms that worked with Manafort's Ukraine lobbying The PR campaign was run through the Brussels-based European Center for a Modern Ukraine, which says it supports moving Ukraine closer to the European Union. Trump campaign officials have denied allegations that they colluded to steal Clinton's emails . Friday's revelations are another sign of that focus. [Full Article...]

Tale of the Tape: Marvell Technology Group Ltd. (NASDAQ:MRVL) Moves 8.95%

Tale of the Tape: Marvell Technology Group Ltd. (NASDAQ:MRVL) Moves 8.95% About 14.62M shares traded or 181.15% up from the average. Credit Suisse Group reissued their buy rating on shares of Marvell Technology Group Ltd. Nasdaq.com's news article titled: "Marvell (MRVL) to Report Q2 Earnings: A Beat in the Cards?" with publication date: August 21, 2017 was also an interesting one. [Full Article...]

Fears of 'catastrophic' floods as Harvey downgraded to tropical storm

Fears of 'catastrophic' floods as Harvey downgraded to tropical storm It has since been downgraded to a tropical storm. But "the hazards don't go away", Blake said. 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. [Full Article...]

US Fed chair defends post-crisis banking reforms

The dollar fell to a three-week low against the euro and a one-week trough versus the yen on Friday after Federal Reserve Chair Janet Yellen made no reference to USA monetary policy in her speech at the annual central bank research conference in Jackson Hole, Wyoming . [Full Article...]

How Analysts Rated Novae Group Plc (LON:NVA) Last Week?

How Analysts Rated Novae Group Plc (LON:NVA) Last Week? It has underperformed by 16.70% the S&P500. Playtech PLC (LON:PTEC) has 0.00% since August 24, 2016 and is. Liberum Capital has "Hold" rating and GBX 165 target. 267,338 were reported by Federated Investors Inc Pa. Comerica Bancorp reported 0% in Hargreaves Lansdown PLC (LON:HL). Below is a list of Centaur Media Plc (LON:CAU) latest ratings and price target changes. [Full Article...]

Yellen defends the banking regulation that followed the crisis of 2008

Reforms have boosted the resilience of the financial system. Meanwhile, investors were not expecting Ms Yellen to make a policy statement at Jackson Hole, but some market participants were hoping for some signal on the Fed's planned balance sheet reduction, if not on the outlook for rate hikes. [Full Article...]

Dera violence: Explosives seized in house raid in Rohtak

Dera violence: Explosives seized in house raid in Rohtak As many as 29 people were killed in clashes outside a court in Panchkula city in the northern Indian state of Haryana after popular religious leader Gurmeet Ram Rahim Singh was convicted of rape, local media reported on Friday. Milk supply has also been affected adversely in several areas as the agitated followers set a milk plant on fire, located near the sect headquarters. [Full Article...]

All you need to know about Jackson Hole Symposium

All you need to know about Jackson Hole Symposium The New Zealand dollar was headed for a weekly drop of 1.5 percent after weaker forecasts for economic growth and budget surpluses from Treasury and ahead of headlines out of the central banker's symposium in Jackson Hole . His remarks come as concerns over globalisation have fuelled populist movements in the USA and Europe. Meanwhile, investors kept an eye on the prospects of the USA tax r... [Full Article...]

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) reported Beta of 0.59

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) reported Beta of 0.59 The Return on Investment (ROI) ratio of ULTA Salon, Cosmetics & Fragrance, Inc. It has outperformed by 24.76% the S&P500. Nicholas Inv LP invested 0.41% in Ulta Beauty Inc (NASDAQ:ULTA). Kalmar Investments De holds 132,154 shares or 1.73% of its portfolio. Moreover, Southernsun Asset Management Llc has 3.39% invested in the company for 2.00 million shares. [Full Article...]

Yields dip as Yellen avoids monetary policy in speech

Overhanging Yellen's speech was the possibility that it marks her final appearance in Jackson Hole as Fed chairman. Mr Trump, who has given little indication to date on whether he intends to re-appoint Ms Yellen, has previously said he wants to deregulate the finance sector and has expressed a desire to "do a big number" on Dodd-Frank. [Full Article...]

Hormel Foods Corporation (NYSE:HRL) Trading Volume Significantly Higher

Hormel Foods Corporation (NYSE:HRL) Trading Volume Significantly Higher About 3.23M shares traded or 86.71% up from the average. (NYSE:WST). Mutual Of America Cap Mngmt Ltd Company stated it has 0.09% in West Pharmaceutical Services Inc. Mackenzie Fincl Corporation owns 0% invested in Capital Southwest Corporation (NASDAQ:CSWC) for 24,400 shares. Similar statistics are true for the second largest owner, State Street Corp, which owns 30,226,307 shares of the stock are ... [Full Article...]

Green party doesn't support removing bridge tolls

Green party doesn't support removing bridge tolls About 121,000 vehicles a day use the Port Mann Bridge connecting Coquitlam and Surrey, and about 40,000 use the Golden Ears between Surrey and the Pitt Meadows-Maple Ridge area. It costs $3.25 to $4.45 for cars to cross the Golden Ears Bridge, which has lost $35 million to $45 million annually in recent years. "We have worked very closely with TransLink and the Mayors' Council to deliver an ag... [Full Article...]

Aaliyah Will Finally Get Her Own MAC Cosmetics Collection in 2018

Aaliyah Will Finally Get Her Own MAC Cosmetics Collection in 2018 Vibe reports that the cosmetics company partnered with Aaliyah's family and estate to create the collection, which will debut next summer. Risinger racked up over 26,000 supporters for the cause and on August 24, the eve of the anniversary of the R&B multihyphenate's tragic death , M.A.C. [Full Article...]

Joe Dresnok, American defector to North Korea - obituary

Joe Dresnok, American defector to North Korea - obituary China on Wednesday urged the United States to withdraw new sanctions it imposed on Chinese companies that Washington says are supporting North Korea as it carries out increasingly ambitious missile tests. "But I want to acknowledge the steps they've taken so far". "The reality vividly shows that the US ambition for stifling the DPRK [North Korea] remains unchanged no matter how much wat... [Full Article...]

Volkswagen engineer sentenced for emissions scandal

Volkswagen engineer sentenced for emissions scandal Volkswagen operated a top-secret site at its sprawling headquarters to test the diesel technology at the heart of the emissions-cheating scandal, reflecting the lengths those involved went to hide their actions, people familiar with the matter said. [Full Article...]

New DOE Study Explores Decline Of Coal, Nuclear Power

New DOE Study Explores Decline Of Coal, Nuclear Power President Donald Trump campaigned on a promise to revive the coal industry , and has repeatedly expressed doubts about climate change. Obama introduced regulations meant to slash emissions of carbon dioxide, which are blamed for climate change. [Full Article...]


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