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Hurricane pushes up gas prices, but Chattanooga remains cheapest in Tennessee

Hurricane pushes up gas prices, but Chattanooga remains cheapest in Tennessee That equates to about 2.5 million barrels a day. Drivers across the USA will see Hurricane Harvey's impact at the gas pump, as the energy hub of southeast Texas faces devastating floods with the storm continuing to churn near the Gulf Coast. [Full Article...]

Fed Chair Yellen Defends Regulations After Financial Crisis

The dollar, in which oil is priced, fell 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 Yellen's speech at the annual meeting of central bankers in Jackson Hole, Wyoming focused on financial stability while giving no guidance on monetary policy, leaving the prospect of more ... [Full Article...]

MotoGP Silverstone 2017, Andrea Dovizioso: "Non ero il più veloce, vittoria fantastica"

MotoGP Silverstone 2017, Andrea Dovizioso: Poi è passato a raccontare la corsa odierna, spiegando che ancora una volta la strategia e la gestione delle gomme hanno avuto un peso fondamentale. "E' stata una strategia che ha fatto la differenza, perché io e Maverick stavamo controllando e infatti alla fine Valentino ha dovuto alzare il ritmo e ne abbiamo approfittato" ha aggiunto. [Full Article...]

Students Win Hyperloop Competition With 202 MPH Pod

Students Win Hyperloop Competition With 202 MPH Pod SpaceX chief executive Elon Musk has released the footage of an epic Hyperloop pod run. The Hyperloop competition is created to test prototypes for a new form of transportation - pods that travel at near-supersonic speeds through a specially constructed tube. [Full Article...]

Stocks rise, United States dollar eases as Yellen omits policy

USA stocks rose on Friday (Aug 25), with petroleum-linked shares lifted by energy outages related to Hurricane Harvey as Federal Reserve Chair Janet Yellen steered clear of monetary policy during her much anticipated address. Yellen reviewed the wreckage caused by the 2008 financial crisis, including the loss of almost 9 million jobs, and warned of the consequences of forgetting the damage d... [Full Article...]

Gilead Moves to Acquire Kite Pharma

Gilead Moves to Acquire Kite Pharma Gilead Sciences Inc agreed to buy Kite Pharma Inc in a $11.9 billion deal on Monday, as it looks to fuel growth with an emerging class of cancer immunotherapies that are expected to generate billions, Reuters reported. (NASDAQ:GILD). Chilton Capital Mngmt Limited owns 0.63% invested in Gilead Sciences, Inc . BNP Paribas Arbitrage, SA cut its investment by shedding 13,911 shares a decrease of... [Full Article...]

Khosrowshahi lascia Expedia, sarà il nuovo ceo di Uber

Khosrowshahi lascia Expedia, sarà il nuovo ceo di Uber Questo almeno è quanto anticipato dal Financial Times e dal Wall Street Journal. L'ha nominato il cda dopo una lunghissima riunione scegliendolo in una terna di finalisti che comprendeva Jeffrey R. Proprio però la polarizzazione del confronto tra la posizione di Kalanick, che gode comunque di gran potere visto che detiene molte quote di Uber , e quella del consiglio che lo voleva sempre più ai ... [Full Article...]

U.S. oil falls 2 pct as refiners brace for Hurricane Harvey

Corpus Christi oil refineries run by Citgo Petroleum, Valero Energy Corp and Flint Hills Resources also began shutting down. Benchmark Brent crude was down 5 cents a barrel at $52.52 by 0745 GMT. "There are worries about the effect of Harvey", said Gene McGillian, manager of market research at Tradition Energy in Stamford, Connecticut. Royal Dutch Shell, Anadarko Petroleum and Exxon Mobil ... [Full Article...]

Galaxy J7 Plus New Leaked Press Render Shows All-Black Variant

Galaxy J7 Plus New Leaked Press Render Shows All-Black Variant It was unveiled at a press conference in NY yesterday. The Galaxy Note 8 features a 6.3-inch Quad HD+ Infinity display with a screen resolution of 2960 x 1440 pixels, 522ppi and 18:5:9 aspect ratio. Furthermore, the Galaxy J7 + has a dual rear camera setup. While some might think that Samsung will be more cautious about its press renders after leaking one of them, Samsung did ex... [Full Article...]

Amazon Prime members can expect these perks at Whole Foods

Amazon Prime members can expect these perks at Whole Foods The Echos were flanked by signs that touted "Whole Foods + Amazon " with a "Farm Fresh!" tagline that would make the creators of HBO's "Silicon Valley" proud. These, of course, are in addition to all the privileges they're already getting from Amazon such as Free Two-Day Shipping, instant access to video streaming, ad-free music streaming, and unlimited Prime readings. [Full Article...]

Federal Reserve chair Janet Yellen defends tighter financial rules

Yellen reviewed the wreckage caused by the 2008 financial crisis, including the loss of almost 9 million jobs , and warned of the consequences of forgetting the damage done to the USA and global economies. All 11 major S&P sectors rose, except for technology . Meanwhile, a speech by European Central Bank President Mario Draghi gave little guidance on tapering the bank's bond holdings and heral... [Full Article...]

Spot Checks Suggest Amazon Has Slashed Whole Foods Prices by Nearly Half

Amazon members of the $99 per year Prime shopping club would eventually be rolled into Whole Foods' customer rewards program and be eligible for special offers and discounts. Amazon is wasting no time with its plans to start cutting prices as soon as Monday, and the cuts cover a wide range of best-sellers. Walmart , which has the largest share of the USA grocery market, is expanding its grocery d... [Full Article...]

RBI launches Rs 200 note; promises to ramp up supply

RBI launches Rs 200 note; promises to ramp up supply The Reserve Bank of India recently announced the introduction of a never-seen-before Rs 200 currency note and said that it would simplify getting change for larger-denomination notes. Nearly, 99% of the demonetized Rs 1000 notes came back to the banking system at the end of March 2017.The circulation of new Rs 1000 notes could be as early as December 2017. [Full Article...]

USS America Helicopters Comb New Area in South China for Missing Sailors

USS America Helicopters Comb New Area in South China for Missing Sailors Meanwhile, the Maritime and Port Authority of Singapore (MPA) announced on Thursday evening that Singapore made a decision to suspend the multi-agency search and rescue operation for the missing sailors, and will continue to support the U.S. [Full Article...]

Sensex rises by 179 pts, Nifty above 9900 level

Sensex rises by 179 pts, Nifty above 9900 level The gauge had gained 337.21 points in the previous three sessions. The NSE Nifty recaptured the 9,900-mark by rising 50.90 points, or 0.51 per cent, at 9,907.95. This clearly showed in the stock, which was the biggest Sensex gainer with a jump of 3.14 percent at Rs 941.15. European markets retreated and the euro extended gains to a 2-1/2-year high against the dollar as the third round of Bre... [Full Article...]

Sensex ends 154 points higher; Nifty settles at 9912

Sensex ends 154 points higher; Nifty settles at 9912 India and China have agreed to "expeditious disengagement" of border personnel at Dokalam, New Delhi said today, a week before the BRICS summit in China that Prime Minister Narendra Modi is expected to attend. Pharma, realty and IT indices hogged the limelight by each gaining over 1 per cent. Other big gainers that supported the rally included NTPC, Sun Pharma , Hero MotoCorp, Hindustan Unileve... [Full Article...]

Harvey, holiday weekend to blame for rise in gas prices

Harvey, holiday weekend to blame for rise in gas prices Over the past week, prices fluctuated, with the national average per-gallon price for regular at $2.36 as of Sunday-that's 2 cents higher than the previous week. The outlook isn't much better ahead, with output from two of the state-owned company's refineries either severely curtailed or shut down. On Twitter , GasBuddy.com analyst Patrick DeHaan is predicting prices in the Midwest will go up b... [Full Article...]

Infosys co-founder returns to lead IT firm following CEO departure

Infosys co-founder returns to lead IT firm following CEO departure Nilekani's presence is expected to soothe the nerves of those within Infosys as well as the investor community. India's number two software services exporter is looking for a CEO who will be able to manage a large global firm, accelerate strategy execution and oversee its transformation, he said. [Full Article...]

Uber selects Expedia CEO to take over for Kalanick

Uber selects Expedia CEO to take over for Kalanick It has now been 64 days since Travis Kalanick resigned as CEO following a months-long investigation into the company's office culture. Khosrowshahi won the support of Uber's board and was voted into the role in a last-minute turn of events Sunday, tech news website Recode reported . [Full Article...]

Oil Prices Slip Despite Solid Inventory Data, Shuttered Shell, Exxon Platforms

Oil Prices Slip Despite Solid Inventory Data, Shuttered Shell, Exxon Platforms Operators shut in more production and evacuated more rigs on Friday as Hurricane Harvey made its way towards shore in the Gulf of Mexico. Andy Lipow, president of consultant Lipow Oil Associates, expects prices to rise 10 cents a gallon for motorists east of the Rockies. [Full Article...]


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