Economy

BC wildfire status Saturday: Crews brace for potentially stormy weekend

BC wildfire status Saturday: Crews brace for potentially stormy weekend An evacuation alert was issued Saturday for the Clisbako area. Williams Lake Mayor Walt Cobb said crews were ensuring routes are clear and buses are ready if the rest of the city's 11,000 residents are suddenly forced to leave. Environment Canada is forecasting a cold front Saturday afternoon, bringing windy conditions throughout southern B.C. Lightning is also forecasted near Fort St. [Full Article...]

India is using Bhutan to stir up border tensions: Chinese Media

India is using Bhutan to stir up border tensions: Chinese Media The government was represented by External Affairs Minister Sushma Swaraj , Defence Minister Arun Jaitley and top government officials, including National Security Advisor Ajit Doval and Foreign Secretary S Jaishankar. O'Brien, while speaking to the media, said the government didn't give the Opposition the answers it was looking for. From the Congress, Mallikarjun Kharge and Ghulam Nabi Azad ... [Full Article...]

How major U.S. stock market indexes fared on Friday

Twenty-nine of 30 index members finished with gains, led by a 2.8% rise in DuPont (NYSE: DD). Target jumped 4.8 percent after raising its second-quarter forecasts, citing higher sales and customer traffic. Companies in the S&P 500 are expected to report an increase of six percent in operating earnings per share compared with the year-ago period, according to CFRA Research. [Full Article...]

Federation Internationale de Football Association whistleblower Chuck Blazer dies

Federation Internationale de Football Association whistleblower Chuck Blazer dies In 2013, his reputation shattered, a disgraced Blazer pleaded guilty to racketeering, wire fraud and money laundering. He accused Jack Warner , president of Concacaf, and Mohamed bin Hammam, a fellow Federation Internationale de Football Association committee member, of offering $40,000 bribes to voters in the 2011 Federation Internationale de Football Association presidential election. [Full Article...]

Jimmy Carter treated for dehydration during Habitat build

Jimmy Carter treated for dehydration during Habitat build Carter told Habitat officials he was OK, and encouraged volunteers to keep building. CBC News reported that Carter was taken to a hospital. "President Carter was dehydrated working in the hot sun". Carter is 92-years-old. He has appeared in good health recently, even being captured on video shaking hands with fellow passengers on an airplane. The peanut farmer from Georgia has lived longer a... [Full Article...]

Australia outplay India by 8 wkts in ICC women's WC

Australia outplay India by 8 wkts in ICC women's WC Mithali Raj made her debut with an unbeaten 114 against Ireland at Milton Keynes on June 26, 1999. Overall, she has been not out 47 times , which is 15 more than any other player in women's ODIs. "Her longevity and resilence to carry on is an inspiration for both men and women", said Gavaskar . Raut brought up her century with a single to the leg side, celebrating with a leap halfway through he... [Full Article...]

Crude Oil Prices Make Energy ETFs Interesting Long-Term Buys

Crude Oil Prices Make Energy ETFs Interesting Long-Term Buys The producer group's total output jumped by about 393,500 barrels a day to a total of 32.6 million barrels a day last month, according to independent assessments cited by OPEC in a monthly report, CNBC reported. US crude imports fell last week by 282,000 bbl/d, while exports rose to 918,000 bbl/d from 768,000 bbl/d. " Saudi Arabia is keen to see an improvement in the oil market and accelerate... [Full Article...]

Gymboree closing 350 stores after filing for bankruptcy; 7 in Pennsylvania

Gymboree closing 350 stores after filing for bankruptcy; 7 in Pennsylvania A full listing of the affected stores can be found on the company's website . Department stores making similar significant store closing announcements include Dillard's, J.C. When filing for Chapter 11 bankruptcy protection last month, Gymboree said it planned to continue operating the majority of its stores while restructuring and cutting its debt by more than $900 million. [Full Article...]

Marks & Spencer see sales drop in clothing and home division

Marks & Spencer see sales drop in clothing and home division LFL growth 0.7% and general merchandise by around 0.6%. Overall Marks & Spencer achieved group revenue of just over £2.5bn (up 2.6% year-on-year) with Food sales up 4.5% year-on-year (-0.5% like-for-like) at £1.4bn and worldwide sales up 3.8% at £272.3m. [Full Article...]

Google, Facebook Latest to Join Net Neutrality Protest on Wednesday

Google, Facebook Latest to Join Net Neutrality Protest on Wednesday Wheeler used Title II in order to reinstate the net neutrality rules and strengthen the restriction on paid prioritization. Proponents of the FCC's net neutrality rules, which were passed in 2015, say strong regulations are necessary to prevent ISPs from artificially directing customers to sites and applications they control or with whom they share special business relationships. [Full Article...]

Wanda Group to Sell Amusement Park Business for over $9 Billion

Wanda Group to Sell Amusement Park Business for over $9 Billion The surprise sale gives Wanda possible revenue to pay down debt that has soared during an aggressive expansion into entertainment, tourism and other consumer businesses. "This cooperation will add a large number of prime land reserves and property assets for the company at a reasonable cost, and will provide strong support for sustainable and healthy development of the company in the future", Suna... [Full Article...]

Kuwait: OPEC considering extending oil cuts to Nigeria, Libya

Kuwait: OPEC considering extending oil cuts to Nigeria, Libya The production-cut agreement has had little impact on global inventory levels due to rising supply from producers not participating in the accord, such as Libya and Nigeria , and a relentless increase in USA shale oil output. A massive rise in production from Libya and Nigeria could offset the production cut deal. However, it was observed that both countries have boosted production which ... [Full Article...]

Man dies when air bag inflator ruptures amid vehicle fix

Man dies when air bag inflator ruptures amid vehicle fix According to the automaker, the car's ignition switch was on, so the airbag would have been ready. Eventually, the person activated the air bag inflater, which ruptured as the bag blew up, according to Honda. "That's why government regulators need to step up the pace of figuring out whether all remaining Takata airbag inflators are safe". Current and former owners of the specific Accord involv... [Full Article...]

Homecoming to the Japanese Spider-Man Show's Opening

Homecoming to the Japanese Spider-Man Show's Opening The well-received " Homecoming " kicks off the third "Spider-Man" iteration in the last 15 years, and second reboot since 2014's "The Amazing Spider-Man", with Andrew Garfield. Spider-Man ( Tom Holland ) is seen taking a break in this promotional image. It's also good news for Sony, which partnered with Marvel for Homecoming . [Full Article...]

Johanna Konta enjoys rarified air of Wimbledon's last eight

Johanna Konta enjoys rarified air of Wimbledon's last eight From there the contest was evenly matched between two powerful hitters, but Konta just lost her grip when she was serving for the set at 5-4 up. Although she has reached the semifinals at Wimbledon in the past, Halep has a hard matchup on Monday at the Grand Slam. [Full Article...]

USA salvages bronze medal with rout of Spain

USA salvages bronze medal with rout of Spain The U.S. U19 team, with Georgia Tech guard Josh Okogie on the roster, was eliminated from the FIBA U19 World Cup Saturday, falling to Canada in the semifinals in Cairo. Canada outscored the United States 33-28 in the final quarter. R.J. Barrett, the No. 1 recruit in the class of 2019, scored 18 to lead Canada. Getting beat on the glass 23-14 in the first half, the U.S. [Full Article...]

Tillerson talks tough on Russian Federation, vows USA support for Ukraine

President Donald Trump on the sidelines of the G20 summit in Hamburg, Germany. According to the president, Ukraine is not interested in delaying such negotiations, because "Ukraine pays a high price - its heroes are wounded and killed" every day. [Full Article...]

Major fire breaks out at construction site near Lake Merritt in Oakland

Major fire breaks out at construction site near Lake Merritt in Oakland KRON4 said the fire is just two blocks away from the Grand Avenue side of Lake Merritt at a construction site that was supposed to hold 200 units. Alexandria Corneiro, a spokeswoman for the federal Bureau of Alcohol, Tobacco, Firearms and Explosives, said the October 31, 2016, fire that gutted a three-story√ apartment complex east of Oakland's Lake Merritt was intentionally set. [Full Article...]

SoundCloud cuts 40% of its staff, closes London & San Francisco office

SoundCloud cuts 40% of its staff, closes London & San Francisco office The music streaming service SoundCloud has reportedly laid off almost half of its staff and closed two of its worldwide offices. While the streaming service boasts 175 million active users per month in comparison to Spotify's 140 million active users, the main difference between the two businesses is that SoundCloud is a free membership-based service, compared to Spotify's paid monthly... [Full Article...]

Now the USA laptop ban has been lifted for Qatar Airways

Now the USA laptop ban has been lifted for Qatar Airways Doha is the fourth of the affected cities to have the US-imposed restrictions removed. A month ago, it suspended all flights to Saudi Arabia, the United Arab Emirates , Bahrain and Egypt "until further notice" after those countries broke off diplomatic relations and transport links with Qatar. [Full Article...]


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