Business

Author: 0 Natural Gas Leaking From BP Well in Alaska's Prudhoe Bay

The accident was the worst oil spill in the North Slope, but thankfully does not even come close to the millions of barrels that the Macondo well gushed into the Gulf of Mexico in 2010 when the Deepwater Horizon rig exploded, killing 11. BP employees discovered an uncontrolled natural gas leak Friday at a well five miles from the Deadhorse airport. In 2006, a BP oil pipeline in Prudhoe Bay ruptured and spilled 215,000 gallons of crude oil over the North Slope.

Author: 0 White House Asks Agencies to Prepare for a Government Shutdown Next Week

The White House budget director says money for the wall President Donald Trump wants to build along the USA border with Mexico must be part of the massive spending bill Congress is preparing. In a moderated discussion at the Institute of International Finance conference, Mulvaney said this is all the money needed to fund $1 trillion in projects, as Trump has loosely pledged, if leveraged properly.

Business Pence Pledges to Honor 'Dumb Deal' With Australia on Refugees
Author: 0 Pence Pledges to Honor 'Dumb Deal' With Australia on Refugees

Pence said Trump's administration would work with the Association of Southeast Asian Nations (ASEAN) on issues around security, trade and freedom of navigation in the South China Sea. Pence said USA exporters to Indonesia should enjoy a level playing field and the relationship should be "win-win". The alliance was front-and-center for Pence in his meetings with top Australian officials, who repeatedly noted their military partnership for almost a century.

Author: 0 East Chicago residents lay out demands ahead of EPA visit

While Pruitt's visit was welcomed by officials in this small, industrial and Democratic-dominated city, he drew criticism from the union representing EPA workers. Also, Trump has proposed eliminating EPA's budget by almost one-third. Ahead of his visit, environmental advocates said they were hopeful that the administrator's arrival might signal additional support for East Chicago's residents, although they also said they have yet to see any indications of pending action.

Author: 0 United States envoy heads to Japan for North Korea crisis talks

North Korea marks the 85th anniversary of the foundation of its Korean People's Army on Tuesday, an important anniversary that comes at the end of major winter military drills, South Korea's Unification Ministry spokesman Lee Duk-haeng said.

Author: 0 Donald Trump govt to announce major tax reforms in US next week

Because Republicans in Washington generally agree that tax rates for businesses and individuals should be cut, many saw Trump's election - which gave their party control of Congress and the White House - as a sign that their goals were in reach.

Author: 0 Does China's strong 1Q growth point to a slowdown?

The positive changes continue to emerge and the performance of key indicators is better than estimated, the Bureau added. The economy grew at 6.7 percent in 2016, the weakest pace in 26 years. China's economy stormed back to power 1/3 of global growth in 2017 and its government is making progress in restraining runaway credit growth. The pace of home-price gains in China in March was at its fastest on a month-over-month basis since October, when a first round of government controls sought ...

Author: 0 'It's Really Bad.' The 'Charging Bull' Sculptor Criticized the 'Fearless Girl' Statue

In fact, he is calling on New York City authorities to relocate "Fearless Girl", claiming it detracts from his artwork and violates his rights as an artist. Twenty-five percent of the largest 3,000 US companies have no female directors, State Street noted at the time. This bold presence received an overwhelmingly positive reaction from the public, which caused Mayor Bill de Blasio to extend Fearless Girl's city permit for almost one year.

Author: 0 Terror Suspected In Deadly Paris Shooting Days Before Election

Hard-left presidential challenger Jean-Luc Melenchon and conservative Francois Fillon were neck-and-neck behind the frontrunners in an opinion poll on Thursday, as candidates made last-ditch appeals to undecided voters. "Emmanuel Macron gives the impression in what he says that he doesn't defend national identity, the historic narrative, the cultural roots", said Fillon, who has been dogged by a scandal over alleged embezzlement.

Business Oil Slips as US Gasoline Stockpiles Climb, Crude Supplies Drop
Author: 0 Oil Slips as US Gasoline Stockpiles Climb, Crude Supplies Drop

Data released Wednesday by the Energy Information Administration (EIA) showed that USA commercial crude inventories decreased by one million barrels from one week ago, falling to 532.3 million. Gasoline stockpiles, however, edged up by 1.5 million barrels, defying expectations for a decline of 2 million, according to a survey conducted by S&P Global Platts.

Author: 0 United Crew Can No Longer Bump a Boarded Passenger

Munoz vowed to the public that the incident will not happen again. Two other officers have been placed on leave, the Associated Press reported . Christie's state shows special interest in the practices of United's and this is because he said the airline at Newark Liberty International Airport controls almost 70% of the flights.

Author: 0 Fire crews rush to calls in San Francisco outage

Service for the city's cable vehicle lines was also halted, and no estimation was given for a time of resumption. The PG&E official said a "catastrophic" failure of a circuit breaker ignited insulation at the Larkin substation. The outage left people in the dark in the Financial District and other parts of the city. A waiter takes an order as patrons sit in the dark during a power outage at Swan Oyster Depot in San Fransisco on April 21, 2017 .

Author: 0 EPA head visits community famous for lead contamination

East Chicago Mayor Anthony Copeland said he invited Pruitt to the city in early March. "Since Administrator Pruitt plans to visit the area, he must also come to the Chicago EPA headquarters". Two dozen families remain at the West Calumet Housing Complex, according to the U.S. Department of Housing and Urban Development. Forty-four-year-old Demetra Turner says finding a solution is the fight of her life.

Author: 0 Canada trade dispute hurts dairy farms

Trump has frequently criticized the free-trade agreement with Canada and Mexico, but has not signaled what he intends to do. The group has blamed oversupply of milk in the United States for the situation. Trudeau said during a news conference alongside visiting Italian Prime Minister Paolo Gentiloni on Parliament Hill that he will stand up for Canada's interests and people.

Author: 0 Crude Oil Slinks Near USD52 Despite Demand Hopes

US crude oil production reached 9.24 million barrels per day (bpd), according to the latest Energy Information Administration data, making it the world's third-largest producer after Russian Federation and Saudi Arabia. The decline was triggered by the surprise build in USA gasoline stockpiles that point to weaker-than-expected demand at a time when consumption of gasoline usually rises.

Business MPs overwhelmingly vote for snap general election on 8 June
Author: 0 MPs overwhelmingly vote for snap general election on 8 June

Parliament will still sit for another fortnight, but party leaders wasted no time in hitting the campaign trail on Wednesday evening. "Yesterday she changed her mind, not for the good of the country, but for reasons of simple party advantage", Nicola Sturgeon , leader of the Scottish National Party , told supporters at a rally.

Author: 0 US seeks 'win-win' trade relations with Indonesia: Pence

Fullilove says Pence's role is to be an "instrument of reassurance" for allies like Australia and Japan in terms of Trump's intentions for U.S. trade relations as well as the dilemmas posed by North Korea and the war in Syria. Jakarta also deleted JP Morgan from its list of primary bond dealers after what was deemed a negative research report . Pence said Saturday that the USA would honor the agreement even if it didn't agree with it.

Author: 0 Stephen Colbert revives Colbert Report alter-ego to discuss Bill O'Reilly

Appearing on "Anderson Cooper 360" on Wednesday to talk about O'Reilly's exit from the network amid sexual harassment allegations, Powers recalled that at the beginning of her career as a political analyst she appeared regularly on "The O'Reilly Factor" along with Margaret Hoover.

Business Rockwell Collins Announces 2% Drop In Q2 Bottom Line
Author: 0 Rockwell Collins Announces 2% Drop In Q2 Bottom Line

Mattel, the largest toy company in the USA, said its sales dropped 15 percent in the fiscal first quarter as it continued to deal with effects of poor sales over the holiday season. During the same period a year ago, the business earned $1.30 EPS. 4/20/2017-Canaccord Genuity Reiterated Rating of Hold. In related news, SVP Nan Mattai sold 19,400 shares of the business's stock in a transaction dated Thursday, January 5th.

Business US flight attendant suspended after 'hitting mother with pushchair'
Author: 0 US flight attendant suspended after 'hitting mother with pushchair'

In the footage, the woman can be seen crying while holding her child as other airline employees attempt to calm the situation. The passenger eventually returns to his seat and the flight attendant leaves the plane. "OMG! AA Flight attendant violently took a stroller from a lady with her baby on my flight, hitting her and just missing the baby", Adyanthaya wrote on Facebook.

Author: 0 Russian Federation relations at new low after Syria attacks

Moscow continues to stand by the Assad government, maintaining that a rebel chemical gas supply had been hit inadvertently, or that the rebels faked the attack to gain worldwide sympathy. It appears that Russian Federation felt stung by the U.S. attack on Syria and no amount of USA convincing can convince Moscow that Damascus planned and executed the chemical attack.

Author: 0 San Francisco power outage snarls traffic shuts rail station

A spokesman for Pacific Gas and Electric Co. said 88,000 customers lost power and that there had been a fire at a substation at Larkin and Eddy streets. The Fire Department tweeted that it had responded to more than 100 calls for service, including 20 stuck elevators with people inside. "The best news of all was no injuries were associated with this incident", Fire Chief Joanne Hayes-White said.

Business Veteran Scarponi killed in road accident while training
Author: 0 Veteran Scarponi killed in road accident while training

A statement from his Astana team said the crash happened close to Scarponi's home in Filottrano. He had only just claimed victory in stage one of the Tour of the Alps on Monday. Scarponi died Saturday, April 22, 2017 after being hit by a van during training in Filottrano, central Italy. He left a wife and two kids. Finishing fourth, the Tour of the Alps is seen as a key warm-up event ahead of next month's Giro d'Italia, the first of the year's Grand Tours.

Author: 0 Shanghai auto show: Lincoln unveils 1st gas-electric hybrid

The Associated Press reports GM will start production on a pure-electric vehicle model within two years, and that the Detroit automaker expects annual sales of 150,000 for electric and hybrid cars in China by 2020, and possibly 500,000 by 2025.

Author: 0 Trump to unveil tax plan with 'massive' cuts next week, AP says

President Donald Trump told the Associated Press on Friday that he will release a tax reform package next week that will include "massive" tax cuts for businesses and individuals. "President Trump is committed that tax payers are not at risk for government bailouts and entities that are too big to fail ", said Mnunchin. "We are now in the process of rebuilding America and there's a new optimism sweeping across our country like people have not seen in many, many decades", Trump said .

Author: 0 Werner Enterprises, Inc. (NASDAQ:WERN) Valuation According To Analysts

Werner Enterprises Inc. (WERN ) now has a consensus Price Target of $27.14. (NASDAQ:WERN) now has an EV (Enterprise Value) of 1992716). Investors sentiment increased to 1.1 in Q4 2016. Werner Enterprises has a 1-year low of $21.35 and a 1-year high of $30.20. The stock was sold at an average price of $27.97, for a total value of $783,160.00.

Author: 0 Alaska Says BP Oil And Gas Leak Stopped

The total amount of oil spilled and whether the crude affected the snow-covered tundra nearby isn't yet clear, though authorities have expressed confidence the crude contamination is contained with a gravel area directly surrounding the well site.

Business Man stung by scorpion on United Airlines flight
Author: 0 Man stung by scorpion on United Airlines flight

After a man was dragged off a United flight, the company changed its policy on overbooked flights. United has informed its employees that if they want a seat on a plane they must book the seat a minimum of one hour before flight departure.

Author: 0 United Airlines can't say if video has hit sales

United apologized for the incident in which Dr. David Dao, 69, was dragged from his seat to make room for crew members on the flight. Spokeswoman Maggie Schmerin said the policy change is meant to make sure incidents like the one involving Dao "never happen again".

Business UN Security Council condemns North Korean missile launch
Author: 0 UN Security Council condemns North Korean missile launch

Further North Korean intransigence will force the American hand and make it consider pushing for an independent nuclear deterrent for South Korea and Japan . Secretary-General Antonio Guterres meets with Trump at the White House for the first time since both took office earlier this year and amid a US push to cut funding to the world body and its agencies.

Author: 0 GM Plans to Launch 10 Electric Cars in China by 2020

To keep you updated for all the latest happenings, here we bring you a list of some of the best and most exciting cars and SUVs unveiled at the ongoing Shanghai Motor Show! However despite government subsidies for what are known as new energy vehicles (NEVs) they accounted for less than two percent of the 28 million vehicles sold previous year.

Author: 0 U.S. Urges China to Open Trade After Sparing It Manipulator Tag

Like the last report by the Obama administration in October, China met only one of the three criteria - for having a large trade deficit - that's used by the Treasury as a threshold for manipulation. The dollar's strength in the past two years has been a drag on USA exports. "China steals our intellectual property, doesnt let American companies compete in China, and has manipulated their currency causing the loss of millions of jobs", said Senate Minority Leader Charles E Schumer.

Author: 0 Oil prices buoyed by United States crude stock dip

U.S. West Texas Intermediate crude futures were also down 47 cents at $52.71 a barrel. USA crude stocks fell last week as refineries hiked output, but gasoline supplies, which are already seasonally high, surprisingly increased, the Energy Information Administration said on Wednesday.

Business Asian stocks climb, euro surrenders gains as French election jitters return
Author: 0 Asian stocks climb, euro surrenders gains as French election jitters return

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5 percent on Friday, taking its cue from Wall Street's solid performance overnight on expectations of strong first-quarter earnings growth. "Euro bulls will definitely respond to positive news around Macron, but that dissipates as the reality of low turnouts sets in", said Alfonso Esparza, senior currency analyst at OANDA in Toronto.

Author: 0 Chinese Economy grew 6.9 percent in the First Quarter of 2017

Though the bank expects GDP growth to ease moderately in Q-2, and even look for some further moderation in following Quarters, there is still solid growth momentum for the rest of the year, said J.P. Last year, 64.6 per cent of growth came from consumption. China's economy has recorded better than expected growth for the second consecutive quarter with its GDP increasing 6.9%.

Business Oil prices dip on bloated United States market, mixed Saudi signals
Author: 0 Oil prices dip on bloated United States market, mixed Saudi signals

USA crude futures tumbled following the EIA data release, off $2.7% to $51 a barrel. U.S. West Texas Intermediate (WTI) crude futures had risen 31 cents, or 0.61 percent, to $50.75 a barrel. "There's been a lot of attention paid to OPEC production cuts, while nearly nobody has focused on the gains elsewhere", Stephen Schork, president of Schork Group Inc., a consulting company in Villanova, Pennsylvania, said by phone.

Author: 0 Boris Johnson to make statement on crises in North Korea and Syria

Trump has sought to get China - North Korea's main ally and benefactor - to do more to persuade dictator Kim Jong Un to stop conducting nuclear and missile tests. Standard policy - which calls for shooting down of a North Korean missile after launch if the trajectory is deemed to threaten South Korea, Japan or the U.S.

Business Pagegroup PLC (PAGE) Upgraded by Credit Suisse Group AG to
Author: 0 Pagegroup PLC (PAGE) Upgraded by Credit Suisse Group AG to "Neutral"

Shore Capital maintained the stock with "Hold" rating in Wednesday, January 11 report. Panmure Gordon reiterated a buy rating and issued a GBX 207 ($2.61) price objective on shares of JRP Group PLC in a report on Thursday, February 2nd. Admiral Group plc is a United Kingdom firm engaged in the provision of vehicle insurance. Over the last twelve months NMC Health PLC's stock price has increased from 1121.92 to 1928, a change of 71.85%.

Business Mattel shares drop after toy maker posts disappointing sales
Author: 0 Mattel shares drop after toy maker posts disappointing sales

The board of directors also declared a second-quarter cash dividend of $0.38 per share, which is flat compared to a year ago. (NYSE:WCG) is under coverage by number of analysts. The company's revenue was down 15.4% on a year-over-year basis. Equities research analysts anticipate that Mattel will post $1.45 earnings per share for the current fiscal year.

Author: 0 Why Malcolm Mitchell Visited White House While Many Patriots Skipped

According to Brady , he is unable to attend the ceremony due to some personal family matters , and if they're invited to visit the South Lawn again, he will certainly attend. "They've won more division titles, conference championships, and Super Bowl wins than any other team". According to Jeff How of The Boston Herald , the "family matters" Tom Brady mentioned is his mother, Galynn , who is battling cancer since previous year.

Author: 0 Ontario set to slap foreign buyers tax to cool Toronto property market

Once legislation passes, it will be effective retroactively to April 21. "Instead of attempting to outbid buyers on semidetached homes, we've had to adjust our strategy to look for pre-build condos". NDP MPP Peter Tabuns slammed the government failing to move faster to address the rent control loophole. Toronto Mayor John Tory, who met with Sousa and federal Finance Minister Bill Morneau on Tuesday to discuss housing affordability, welcomed an expansion of rent controls.

Business EU in focus as French presidential candidates face off
Author: 0 EU in focus as French presidential candidates face off

National Front (FN) leader Le Pen pledged to expel radical Islamists and restore border checks after the attack while En Marche! leader Macron stressed that France must not panic, because that would play into the terrorists' hands. But this has been one of the most unpredictable presidential election campaigns in French memory and few are willing to call it just yet. "It is true that maybe her father was more reluctant, but a lot of people in the political party now are homosexual and she ...

Author: 0 Justice Dept threatens sanctuary cities in immigration fight

Attorney General Jeff Sessions said at a White House briefing in March that local jurisdictions that apply for Justice Department grants will be required to certify they are in compliance, as was first required by an Obama administration policy put out last summer.

Author: 0 Lawson Products, Inc. Earnings Ahead: Quick Glance

In the profitability analysis, net profit margin of the firm was recorded at 22.40% and operating profit margin was calculated at 24.40% while gross profit margin was measured as 60.50%. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and global trademark & copyright laws.

Author: 0 Cornell: US 'took advantage of loophole' in dairy trade with Canada

Canada's ambassador to Washington said Tuesday night that President Donald Trump is wrong when he says Canada's trade practices in the dairy industry are "very unfair". Trump called out Canada by name Tuesday amid a brewing trade spat that has seen the USA dairy lobby accuse Canada of "systemic disregard" of its trade obligations.

Business Power outage in San Francisco hits about 90000
Author: 0 Power outage in San Francisco hits about 90000

Shopkeepers in the financial district sat in darkened stores, bereft of customers. PG&E said power should be fully restored later Friday evening. The fire department was responding to multiple calls for service, but said no injuries had been reported as of 10 a.m.

Business Marks & Spencer to open 36 new stores
Author: 0 Marks & Spencer to open 36 new stores

These will be in central locations, such as Bishopsgate near London Liverpool Street, and Spinningfields in central Manchester, that are more convenient for shoppers buying food. HUNDREDS of jobs are under threat at two of Britain's biggest High Street retailers as the boom in online trading has dramatically changed traditional shopping habits.

Business Fitch downgrades South Africa to junk status following political turmoil
Author: 0 Fitch downgrades South Africa to junk status following political turmoil

Pictures shared on social media on Friday showed large crowds assembling in Church Square in Pretoria, despite confusion over whether demonstrations in the capital are permitted by law. While the size of the protests took many government officials by surprise, public opposition to Mr Zuma's rule had been growing steadily for the past few years because of his poor handling of the economy and allegations that he and his allies are corrupt.