Markets
Brent nears $72 amid tightening supplies; surprise draw in USA crude stocks
An unexpected fall in United States crude inventories also boosted oil prices. Brent crude , the global benchmark, was down 12 cents at 71.06 dollars a barrel at 0801 GMT. Adding downward pressure, however, were concerns about Russia's willingness to stick with OPEC-led supply cuts and expectations of higher US inventories. [Full Article...]
US Federal Reserve has weakened stocks and US growth, Trump claims
His argument was that otherwise, "Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%...with nearly no inflation". USA stocks have risen sharply this year after the Fed's dovish pivot, reversing a late-2018 swoon. If Trump was referring to the more narrow Dow Jones Industrial Average, his tweet suggested the index could be over 36,... [Full Article...]
Special edition Nissan 370Z celebrates 50 years of Z cars
The Datsun 240Z debuted in North America five decades ago. Beyond the 50th Anniversary Edition , the 2020 Nissan GT-R will come in three trim levels: GT-R Premium, GT-R Track Edition and GT-R Nismo. A full-length center console separates the driver's seat from the passenger seat. Special touches include a "50th Anniversary" steering wheel wrapped in Alcantara, with a race car-inspired centering... [Full Article...]
Community Easter Egg Hunt Set for April 20th April 13, 2019
The event will feature four different age groups in different fields. Plus, bring your camera to take pictures with the Easter Bunny! "So, having a community event that they can come and see us and have fun and we just want to give back to our community because that's what we're here for them". [Full Article...]
Alabamian among those affected by salmonella outbreak from pre-cut melon
The Food and Drug Administration (FDA ) says because it is possible the fruit could still be on store shelves and in people's refrigerators, the recall extends to both retailers and customers. " Salmonella Carrau is a rare type of salmonella and has been historically seen in imported melon", the agency noted. "We are continuing to aggressively investigate the source of the product in order to ... [Full Article...]
Klobuchar Releases Taxes, Urges Trump To Do Same
The business owners were on hand to talk about how the tax cuts have benefitted their companies. "We are giving them a big lovely Christmas present in the form of a tremendous tax cut", said President Trump in 2017. Just 17 percent of those polled believed their taxes went down. The 2017 tax legislation was criticized by some on the left as hurting Americans due to smaller refunds. [Full Article...]
Best Buy Announces New CEO: St. Ben’s Grad Corie Barry
Best Buy's total same store sales have risen for at least the last three straight years. Hubert Joly will transition to Executive Chairman of the company's board. Joly on the call said he would continue to advise Barry on key matters such as mergers and acquisitions, as he sits right across the hall from Barry's office in Richfield, Minnesota. [Full Article...]
Jet cancels flights till April 18, board meet tomorrow
Dube said the airline had been working with lenders to secure interim funding for operations. Jet Airways management and lenders here on Monday held marathon meetings to resolve the financial crisis and the board will meet on Tuesday morning. [Full Article...]