Fortune Sunoco Pipeline Spills Gasoline Near Pennsylvania RiverFortunePennsylvania American Water warned customers to reduce water use as a precaution. A pipeline breach on Friday spilled gasoline in the vicinity of the Susquehanna River in Lycoming County, Pennsylvania, environmental authorities said, prompting a …Company official says spill impact looks slightWilliamsport Sun-GazetteNo gas detected in river after […]
Speak Out: Federal Reserve board needs to straighten out interest rateChicago TribuneDwelling on Yellen: I wish someone could tell me why Janet Yellen of the Federal Reserve tells us that we can't have interest rate increases. She is running the board with only five representatives. There are supposed to be seven. Why is this allowed? […]
Wall Street Journal British American Tobacco Proposes to Buy Reynolds Stake for $47 BillionWall Street JournalLONDON—British American Tobacco PLC on Friday announced a proposal to buy the stake it doesn't already own in U.S. peer Reynolds American Inc. for $47 billion. British American Tobacco, which already owns 42.2% of Reynolds, has offered $56.50 a …UK Stocks-Factors […]
Yahoo Sports E-Class Sedan, SUVs Boost Earnings at Germany's DaimlerNew York TimesFRANKFURT, Germany — German automaker Daimler AG said Friday that stronger sales of its technology-loaded Mercedes-Benz E-Class sedan and SUVs helped third-quarter earnings swell by 13 percent. The company said its net profit during the July to …Daimler continues along its successful path in third […]
Reuters Asia stocks ease as stronger dollar weighs on crude oilReutersA man stands next to an electronic board showing stock prices in Tokyo, Japan, August 18, 2016. REUTERS/Kim Kyung-Hoon. By Shinichi Saoshiro | TOKYO. TOKYO Asian stocks were mostly lower on Friday as the dollar climbed to seven-month highs …Strong Dollar Upends Asian MarketsWall Street JournalAsia […]
CNBC Venezuela's state oil company is struggling under bond obligationsCNBCVenezuela's state-owned oil company has warned that it is in danger of defaulting on its debts after investors declined an offer to swap bonds. Four times in the last month, Petróleos de Venezuela, S.A. (PDVSA) has extended an offer to investors to …PDVSA Default Would Spell […]
The Boston Globe MetLife grounds Snoopy. Curse you, Red Baron!The Boston GlobeMetLife is firing Snoopy. After more than 30 years of appearing in print ads, TV commercials, marketing materials, and on the sides of MetLife's blimps at sports events, the company is showing the door to the “Peanuts” character, one of the most …MetLife to […]
New York Times US|EPA Waited Too Long to Warn of Flint Water Danger, Report SaysNew York TimesThe inspector general for the Environmental Protection Agency says the agency, as early as June 2015, had sufficient information to issue an emergency order to protect residents of Flint, Mich., from lead-contaminated water. Credit Carlos Osorio …EPA Delayed Action […]
International Business Times NBCU in talks to double its BuzzFeed investmentCNNMoneyNBCUniversal is planning to double its investment in BuzzFeed, discussing a deal that would put another $200 million into the news and entertainment site, a source with knowledge of the matter confirmed. The investment, as first reported by Recode …NBCUniversal Gives BuzzFeed Another $200 Million […]
Business Insider Jeff Bezos told what may be the best startup investment story everBusiness InsiderAmazon founder Jeff Bezos has made a lot of money for people who bet on his company over the years. But Bezos told an amazing story in San Francisco on Thursday about the first brave souls who invested in Amazon two […]