Markets
Forecast predicts 2018 of record U.S. oil production
The Paris-based IEA, for its part, said in its latest Oil Market Report from December that "On considering the final component in the balance - non-OPEC production - we see that 2018 might not be quite so happy for OPEC producers". The market was supported by OPEC-led production cuts and expectations that USA crude inventories have dropped for an eighth week. Demand is expected to climb an add... [Full Article...]
Dad asks Knoxville police shooting suspect to surrender
The Tennessee Bureau of Investigation has placed Wilson on their " Top 10 Most Wanted " list. "What the community should know is that this individual is armed and unsafe", Knoxville Police Chief David B. Rausch said Thursday night that he didn't know if Wilson was the only person in the auto at the time of the shooting. "If you see this vehicle, if you know this individual, do not try to int... [Full Article...]
California mudslides death toll rises, eight missing
Roads were clogged throughout the region with mudflows shutting down more than 30 miles (50 kilometers) of the 101 Freeway on Tuesday and knocking a number of homes from their foundations. The fires burned most vegetation, leaving flawless conditions for the latest tragedy to unfold. The girl's house was just one of several destroyed in the coastal community of Montecito, home to many of... [Full Article...]
S&P, Dow open higher as bank shares rise
Wall Street stocks surged to another round of records Friday as earnings season kicked off amid optimism ignited by the United States tax reform. Wells Fargo shed 0.7% as fourth-quarter earnings rose 17% to US$6.2 billion, (RM24 billion) but were marred by US$3.3 billion in litigation costs, some in the aftermath of the fake accounts scandal. [Full Article...]
Facebook Overhauls Feeds To Bring Less News, More Sharing
The idea is to help users to connect with people they care about, not make them feel depressed and isolated. "We can speculate that the concerns reflected in Zuckerberg's post may very well have been driving these declines", Pivotal's Brian Wieser wrote in a note. [Full Article...]
Trump's lawyer sues Buzzfeed for defamation over Russian Federation dossier
We didn't discount the arguments against publishing salacious allegations - which reporters do all the time in covering lawsuits, internal investigations or reports like Mr. Any misstep might give his supporters more ammunition to label news outlets as biased. Since we published, the public has learned a great deal more about how seriously the F.B.I. [Full Article...]
World oil prices down
The price for Brent crude oil , the global benchmark, was up 0.44 percent at 9:20 a.m. EST to $68.08 per barrel. While prices fell, the reaction was somewhat muted, which analysts said is a sign that oil's rally isn't yet over. government bond purchases and a report that U.S. President Donald Trump would end a key trade agreement. WTI Crude oil is now trading at $63.39 per barrel, down 0.64% ... [Full Article...]
HP Inc leads amid falling global PC shipments: Gartner
Worldwide PC shipments for Q4 in 2017 have dipped by 71.6 million units, a 2 per cent decline from the prior year according to Gartner. Growth in demand was noted in Asia/Pacific (excluding Japan) (APeJ) and Latin America, with Europe, the Middle East and Africa (EMEA) stable due to growth in the sales of notebooks and an upgrade cycle in business, and US challenging with a decline in both noteb... [Full Article...]