Stories about Finance

Jan 01 2019

Crude Stockpiles Steady, Likewise, Oil Prices

Even a minuscule decline in United States stockpiles was enough to give oil prices a boost after a turbulent week of trading. Prices surged on Wednesday, tracking heavi...

Jan 01 2019

Recycle your Christmas tree for free with Basildon Council

Basildon borough residents are reminded to recycle their real Christmas trees for free alongside their normal food and garden waste collections. Council Christmas tr...

Dec 31 2018

Buy Tesla Stock on the Dip, Analyst Says

Tesla Inc has named Oracle Corp co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon Musk , to its board to provide the ind...

Dec 31 2018

Santa Maria Kmart Store Lands on Latest Closure List

The company also operates Hometown Stores in Mexia and Temple. According to a release by Sears Holdings, the company plans to close 80 Sears and Kmarts around the c...

Dec 31 2018

Russian Federation imposes New Year sanctions on Ukraine

Ukrainian President Petro Poroshenko has received a gift from the mother of Roman Mokriak, the commander of the Berdiansk armored artillery boat seized by Russian Federat...

Dec 30 2018

Jet bridge collapse at Baltimore airport leaves 6 injured

It is not yet clear whether the six who were injured were passengers, first responders or airline employees. Southwest says the airport's passenger-loading bridge "expe...

Dec 30 2018

Foreign cyber attack hits the printing of big United States newspapers

Even though the Union-Tribune is no longer owned by Tribune Publishing , Light said it is "still transitioning away from the Tribune systems". A devastating and allege...

Dec 29 2018

US Trade Team to Travel to China for Talks

Trade Representative Jeffrey Gerrish, which will include Treasury Undersecretary for International Affairs David Malpass, will travel to China during the week of January ...

Dec 29 2018

Land Rover Defender finally returning to American markets

Did you miss it, NY? With each successive design - from the Series 1, 2, and 3 Land Rover vehicles, to the later "Defender" branded vehicles - changes were largely evol...

Dec 29 2018

Sears at Park City Center in Lancaster among those closing in March

The Sears Auto Center at the additional named stores will be closing as well. At that time , Sears Holdings announced that 142 Sears and Kmart stores would close by ...

Dec 29 2018

France's Vinci to buy majority stake in Gatwick airport for $3.7 billion

The other 49.99% will be managed by current owners Global Infrastructure Partners (GIP). "Their focus, along with everyone at Gatwick , obviously remains on doing thei...

Dec 29 2018

NJ Among States Who Reached $575M Settlement with Wells Fargo

Iimposed aggressive and unrealistic sales goals on bank employees and implemented an incentive compensation program where employees could qualify for credit by selling ce...

Dec 28 2018

Big deadline for Sears on Friday

If he fails to submit the bid or qualify, Sears and Kmart, which ESL purchased in 2002, would begin the liquidation process as laid out by the bankruptcy court, a process...

Dec 28 2018

U.S. retail sales see best growth in 6 years

The data follows Amazon .com Inc's announcement of a "record-breaking" selling season, with the online retail giant shipping a billion items for free through its Prime m...

Dec 28 2018

Wall Street lands best day in 10 years in holiday rebound

Technology companies and health care stocks, big gainers on Wednesday when the market had its best day in 10 years, took some of the heaviest losses in the broad slide....

Dec 28 2018

Ohio's minimum wage to increase in 2019

About 17 million workers will benefit from the 2019 wage increases, the nonprofit estimates. In a statement its Director General, Mr. Timothy Olawale , NECA said: "Glo...

Dec 28 2018

Amazon breaks own records this holiday

The internet retailer revealed that "tens of millions of people across the globe" signed up for its prime service which offers the two-day shipping on the millions of i...

Dec 28 2018

CenturyLink Outage: Where Are 911 Services Affected?

Some CenturyLink customers across the country were without the internet as outages stretched from NY to California, including in Kansas. A statewide 911 outage affected...

Dec 28 2018

Trump assails Fed as the 'only problem our economy has'

Global financial markets, including Wall Street stocks, had been hoping for a more dovish policy outlook and sold off broadly. Trump on Monday did not address the poten...

Dec 28 2018

New York's Skyline Suddenly Lit Up With A Blue Glow

The explosions lit up the sky in shades of blue visible as far as Manhattan and New Jersey. The NYPD says a transformer exploded at the utility company's facility in As...