Big crude oil margins should boost USA refiner earnings

Meanwhile, determined to prevent the Organization of the Petroleum Exporting Countries ( OPEC ) from causing what Trump views as artificial and undue price inflation by removing crude supplies from the market, USA senator Chuck Grassley , along wi... More..

by | Published 22 hours ago
Fox raises Sky offer to $32 billion in battle with Comcast
by | Friday, July 13, 2018

Fox raises Sky offer to $32 billion in battle with Comcast

U.S. media giant Comcast threw its hat into the ring in February with a £22bn offer for Sky, trumping an offer from Fox, and starting a bidding war . "This transformative transaction will position Sky so that ...More..

Elon Musk Could Send 'Escape Pods' To Rescue Trapped Boys In Thailand
by | Monday, July 09, 2018

Elon Musk Could Send 'Escape Pods' To Rescue Trapped Boys In Thailand

Proposed "buddy dive' plan to rescue boys in Thai cave could launch this weekendThai officials say the 12 boys stranded inside the cave are strong enough to walk but can't swim safely yet". A spokesman for ...More..

Volatile oil prices keep gas prices moving in both directions
by | Monday, July 09, 2018

Volatile oil prices keep gas prices moving in both directions

Following Trump's OPEC complaint, Saudi Arabia , the biggest crude oil exporter, assured Trump they could increase oil production and ensure price stability in the global market, according to Reuter...More..

U.S. looks for support on Iran crude embargo
by | Friday, July 06, 2018

U.S. looks for support on Iran crude embargo

Saudi Arabia said it would "use its spare capacity when needed to deal with any future changes in oil supply and demand rates, in coordination with other producing countries", according to a report by the...More..

Amazon Prime Day to give Indian customers many firsts
by | Wednesday, July 04, 2018

Amazon Prime Day to give Indian customers many firsts

In addition, there will be new product category sections to browse and deals through Whole Foods , which it purchased past year for almost US$14 billion. Members will also receive exclusive in-game loot fo...More..

LeBron James banner removal begins in Cleveland
by | Wednesday, July 04, 2018

LeBron James banner removal begins in Cleveland

ET on Sunday night, less than one hour after the four-time NBA MVP announced his intention to sign with the Lakers. James will join a Lakers team which has missed the playoffs for five consecutive seasons, ...More..

Trump tries to change focus of border debate
by | Tuesday, June 26, 2018

Trump tries to change focus of border debate

It said any parent must request that their child be deported with them. President Trump's new executive order relieved political pressure on him but intensified friction between the Justice Department a...More..

Harley-Davidson moves some production from U.S. due to tariffs
by | Tuesday, June 26, 2018

Harley-Davidson moves some production from U.S. due to tariffs

The company added, "Increasing global production to alleviate the European Union tariff burden is not the company's preference , but represents the only sustainable option to make its motorcycles accessible ...More..

US Supreme Court clears way for online retailers to collect sales tax
by | Monday, June 25, 2018

US Supreme Court clears way for online retailers to collect sales tax

Those dollars are expected to provide $200 million a year for the IL state treasury according to estimates by the Department of Revenue. Shares of online retailers fell sharply following the ruling , which...More..

Canada legalizes the production and retail sale of marijuana
by | Saturday, June 23, 2018

Canada legalizes the production and retail sale of marijuana

Prime Minister Justin Trudeau announced via Twitter his intention to have legal sales programs created and implemented by October 17, 2018. Now, the Cannabis Act has finally been voted through in the nati...More..

by | Friday, June 22, 2018

OPEC on tightrope as output target talks prompt clash

Benchmark Brent crude prices traded at $74.35 a barrel on Thursday morning in London. While U.S. oil production may not be quite up to the levels of oil giants Russian Federation and Saudi Arabia, losing th...More..

Bithumb becomes the second victim to crypto theft in Korea this month
by | Friday, June 22, 2018

Bithumb becomes the second victim to crypto theft in Korea this month

Second Largest Korean exchange, Bithumb , got hacked and lost a modest amount of $31 million. "However, this loss will be compensated by Bithumb's own reservoir, and all assets of our customers are securel...More..

Trump Threatens 20% Tariff on European Cars, Seeks More U.S. Production
by | Friday, June 22, 2018

Trump Threatens 20% Tariff on European Cars, Seeks More U.S. Production

Build them here!" "'The people of Germany are turning against their leadership as migration is rocking the already tenuous Berlin coalition", Trump tweeted earlier this week. market. "There is no proposal f...More..

Supreme Court’s sales-tax ruling could mean $200 million for IL
by | Friday, June 22, 2018

Supreme Court’s sales-tax ruling could mean $200 million for IL

That won't necessarily be the case at Amazon , the world's largest online retailer, which already collects sales tax in every state that has such a tax. "We look forward to working with state leaders as they t...More..

Trump escalates China trade war with extra tariffs
by | Wednesday, June 20, 2018

Trump escalates China trade war with extra tariffs

By most accounts, Beijing has made a routine practice of stealing American intellectual property - as part of its broader "Made in China 2025" project, which aims to position China as a dominant force in th...More..

Trump threatens additional tariffs on $200 billion of Chinese goods
by | Wednesday, June 20, 2018

Trump threatens additional tariffs on $200 billion of Chinese goods

In addition to the second set of tariffs, Trump also threatened to hit China with a third wave - an additional 10% on another $ 200 billion worth of Chinese goods - if the Beijing rolled out their own wave...More..

by | Monday, June 18, 2018

Audi CEO arrested in Germany over diesel scandal

Stadler's arrest is the most high-profile in the diesel emissions scandal. Audi said in a statement last week that it was "co-operating with the authorities" in the probe. "The hearing to determine whether ...More..

Domino's Pizza fixes streets, fills potholes across America
by | Wednesday, June 13, 2018

Domino's Pizza fixes streets, fills potholes across America

Protecting pizza sanctity, McCormick added, can only truly be achieved through "a true bold stake in the ground" such as road fix. Domino's is repairing potholes in towns across the United States as part of a...More..

Here’s why the AT&T-Time Warner merger just got approved
by | Wednesday, June 13, 2018

Here’s why the AT&T-Time Warner merger just got approved

But Leon blocked discovery on certain White House communications that AT&T and Time Warner were seeking, and the companies dropped that defense, choosing to litigate the case on pure antitrust grounds. Berenz...More..

Porsche’s first electric vehicle to be called Taycan
by | Monday, June 11, 2018

Porsche’s first electric vehicle to be called Taycan

Two permanently excited synchronous motors (PSM) with a system output of over 590 bhp. Make that gallop. The Taycan's pair of electric motors will output "over 600 hp" and launch the vehicle to 200 km/h in ...More..

NTSB updates on fatal Model X crash
by | Sunday, June 10, 2018

NTSB updates on fatal Model X crash

The driver was taken to the hospital where he died. It's been tough times for Tesla's Autopilot for the last few months after a number of crashes involving the technology, some of which were fatal, made t...More..

Microsoft sinks eco-friendly data center off coast of Scotland
by | Friday, June 08, 2018

Microsoft sinks eco-friendly data center off coast of Scotland

A power and data link is maintained using an undersea cable hooked up to the cylinder and feeding back to Orkney. Because there are no people on board, the engineers could remove all the oxygen and most of th...More..

Fact-checking Malcolm Jenkins' posters on prisons and police shootings
by | Friday, June 08, 2018

Fact-checking Malcolm Jenkins' posters on prisons and police shootings

Whether the Warriors or the Cavs win the NBA Finals, don't expect that to change this year. There's men who serve their communities. "Sports are not a distraction from politics - they are politics by a differ...More..

Roseanne Barr Says She 'Begged' ABC Not to Cancel Her Show
by | Thursday, June 07, 2018

Roseanne Barr Says She 'Begged' ABC Not to Cancel Her Show

Barr also tweeted at former fellow cast member Michael Fishman , who played her son on the show: "You throw me under the bus. nice!" Trump wrote that Iger never called him to apologize for "the terrible...More..

Commerce Secretary: US reaches deal with China's ZTE
by | Thursday, June 07, 2018

Commerce Secretary: US reaches deal with China's ZTE

ZTE ceased major operations in April, and a seven-year ban was imposed on the company for breaking a 2017 agreement by illegally shipping goods to Iran and North Korea. It has enjoyed the backing of Chinese...More..

Ottawa in talks with steel, aluminum industries about possible aid
by | Wednesday, June 06, 2018

Ottawa in talks with steel, aluminum industries about possible aid

Officials in Mexico City unveiled the proposal in recent days, saying the tax would apply to US-produced pork legs and shoulders, which equate to approximately 90% of the nation's $1 billion worth of American...More..

Global stocks slump amid Italian political turmoil
by | Saturday, June 02, 2018

Global stocks slump amid Italian political turmoil

For southern European companies, the sudden resurgence of political jitters means credit conditions could quickly deteriorate, which would offset the benefits of a lower currency, Mateos y Lago said. It was dow...More..

Amazon can't or won't collect sales tax in Australia
by | Saturday, June 02, 2018

Amazon can't or won't collect sales tax in Australia

A loophole in tax regulations, however, means that the GST is now applied only to items purchased from overseas retailers if they are worth $1,000 AUD or more, which many local companies argued gave Amazon, eBa...More..

National Doughnut Day deals in Colorado Springs
by | Saturday, June 02, 2018

National Doughnut Day deals in Colorado Springs

All you have to do is purchase a beverage, and you'll get a free donut . Dunkin' Donuts: Dunkin' Donuts locations are offering free doughnuts with drink purchases. Serving the Lehigh Valley since 1...More..