Archive | Markets

Schlumberger sees oil supply deficit if demand growth holds

Schlumberger said Thursday that the oil industry appears to have reached the bottom of the cycle, echoing rival Halliburton Co., which said W...

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Nico Rosberg extends contract with Mercedes through 2018

Nico Rosberg signs a new two-year deal with Formula 1 team Mercedes . Rosberg led by 43 points in May and goes into this race seeking his fir...

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US rig count up 15 this week to 462

The U.S. rig count is still down 414 oil and gas rigs from the same time a year ago. The current nationwide rig count is less than half the pr...

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Verizon nears deal to buy Yahoo

The two may be ready to announce the deal in the coming days, according to Bloomberg's sources familiar with the matter, though they warn the ...

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GE moves to profit in 2nd quarter

Still GE, long considered a bellwether for the USA economy, posted adjusted second-quarter earnings of 51 cents a share that topped analysts' es...

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Canada's June Annual Inflation Rises on Housing Costs

Canada's inflation rate was unchanged in June as rising home and vehicle expenses offset weaker gasoline and food prices. Gasoline prices rose...

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Oil heads for weekly loss amid sustained glut

The U.S. government's Energy Information Administration (EIA) will issue inventory data later on Wednesday. In Canada, some 880,000 b/d of the...

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Did Kinder Morgan's 2Q16 Earnings Meet Expectations?

Revenue decreased to $3.14 billion from $3.46 billion a year earlier. ( KMI ) is projected as $3.55 Billion where Low Revenue estimate and High ...

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Amazon Tries Its Hand At Student Loans

Wells Fargo is looking to "meet customers where they are - and increasingly that is in the digital space", Rasmussen said. Wall Street may no...

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Southwest says outage fixed, but some flights canceled Thursday

Customers began complaining to the airline via social media about delayed flights and long lines. Affected travelers have the opinion of getting...

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Protests inside and out against Trump

The killing of three police officers in Baton Rouge, Louisiana, early Sunday added to the sense of a nation on edge. "Donald Trump will be Don...

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Big 12 directs commissioner to evaluate expansion candidates

But it's definitely a forward step, and I think it shows momentum on the board to very seriously consider this as a possibility". Thus far, that...

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Jeremy Corbyn to be included on Labour leadership ballot

Mr Corbyn's close ally and Shadow Chancellor John McDonnell said: "Jeremy on the ballot". Labour faces the unlikely situation where most M...

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Gordon returning to Brickyard as Earnhardt recovers

The five-time Brickyard 400 victor will return Sunday to Indianapolis Motor Speedway , filling in for Dale Earnhardt , Jr., who is recovering ...

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Kaine, Vilsack at top of Clinton's running mate list, sources say

Sen. Tim Kaine of Virginia, who campaigned with Clinton last week, is considered a favorite in many circles. Asked whether he'd be chosen by C...

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Unilever Buys US Male Grooming Business Dollar Shave Club

The Wall Street Journal quoted Unilever's North America president, Kees Kruythoff, as saying that this represents " unique consumer and data...

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HSBC banker arrested at JFK, faces charges along with colleague

They also caused the.5 billion transaction to be executed in a way that would spike the price of pound, benefitting HSBC at the client's expen...

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Melania Trump speechwriter comes forward to apologize

Interest began to wane Wednesday, at which time Donald Trump's campaign saw fit to issue a new statement and reignite the fervor of Plagiarism...

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Enbridge to pay $61M penalty for 2010 Michigan oil spill

In addition, the settlement includes a commitment for Enbridge to spend US$ 110 million on measures to prevent spills and improve operations ac...

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Owen Smith to take on Corbyn in Labour leadership poll

However, Corbyn voted against a replacement, leading Labour MP Jamie Reed to thank the Prime Minister today for "wholehearted support and endo...

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Asian stocks mixed on Turkey coup attempt, better China data

There has been no explanation of what role the judges and prosecutors might have had in a military coup attempt. More than 90 S&P 500 companies ...

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Funeral prayers of Qandeel Baloch offered in DG Khan

He said that even though Ms Baloch was the main breadwinner for the family, he slipped her sedatives the night before and then strangled her i...

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Tennis legends are coaching Wimbledon finalists Andy Murray and Milos Raonic

He will next face either second-seeded Andy Murray or Tomas Berdych of Czech Republic for the prestigious title. Milos Raonic is the fir...

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UK interest rates held at 0.5%

The unexpected move has led many to assume any potential cut in the base interest rate will not take place until August, when the MPC has a grea...

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Milone goes 8 1/3 innings; Twins beat Detroit 6-2

Furthermore, when the bases were loaded he left Jarrod Saltalamacchia in the dugout with a helmet and a bat in his hands, while Jose Iglesias st...

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