• OPEC sees higher 2018 oil demand, trims output
OPEC sees higher 2018 oil demand, trims output

Crude oil futures neared $50 a barrel Thursday morning, adding to weekly gains inspired by pent up demand from US refineries. But with oil demand perking up as well as hurricanes and regular summer maintenance knocking out some production, the IEA said it has seen some of that glut disappear.

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  • Volkswagen to produce electric version of each vehicle by 2030
Volkswagen to produce electric version of each vehicle by 2030

It's a bid for stability in an industry roiled by change. The version shown at the Frankfurt Motor Show (12 September) was an updated model of the one shown at the Shanghai Motor Show in April this year. Mueller on Monday said that diesel remains a key part of the company's strategy. IHS estimates diesel's market share will fall from 49.7 per...

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  • In Reversal, Equifax Says It Won't Charge Hack Victims For 'Free' Service
In Reversal, Equifax Says It Won't Charge Hack Victims For 'Free' Service

Experian Plc, Equifax and TransUnion , the three biggest USA credit-reporting companies, uncovered cases in 2013 where hackers gained illegal, unauthorized access to user information. If a creditor wants to view your data because an identity thief is trying to set up an account using your name and information, the freeze will prompt the credito...

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  • US House passes bill for self-driving cars
US House passes bill for self-driving cars

The U.S. House on Wednesday unanimously approved a sweeping proposal to speed the deployment of self-driving cars without human controls by putting federal regulators in the driver's seat and barring states from blocking autonomous vehicles.

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  • Hurricane Irma thrashes several smaller Caribbean islands
Hurricane Irma thrashes several smaller Caribbean islands

Hurricane Jose in the open Atlantic, some 1 000 miles (1 610 km) east of the Caribbean's Lesser Antilles islands, could become a Category 3 and eventually threaten the USA mainland. Martin and Anguilla and parts of the British Virgin Islands. "University of Miami hurricane researcher Brian McNoldy says Irma "could easily be the most costly sto...

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  • LPGA star to donate entire event earnings to Hurricane Harvey relief
LPGA star to donate entire event earnings to Hurricane Harvey relief

But Chun was unable to find the birdie she needed over the final two holes to force a play-off, and Lewis held her composure to complete an emotional win with her 11th consecutive par . She bounced back immediately, however, with a birdie on the very next hole. Miyazato is retiring at the end of the season and this is her last official LPGA To...

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  • Ellsworth airmen show force after latest North Korean missile launch
Ellsworth airmen show force after latest North Korean missile launch

South Korea is seeking to revise it, reportedly with an aim to double the warhead weight limit to produce more powerful missiles. The latest resolution, which aims to cut North Korea's $3 billion annual export revenue by a third, bans North Korean exports of coal, iron, iron ore, lead, lead ore and seafood.

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  • Majority say Donald Trump is dividing America, as approval rating falls
Majority say Donald Trump is dividing America, as approval rating falls

I hit them with everything. With each new slam by Trump , journalists get more hostile, the bias gets more obvious, and the public trusts them even less. Voters say that President Donald Trump's inconsistent condemnations of racism have not discouraged white supremacists, according to a survey released this week.

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  • KFC's VR Training Places New Employees in a 'Delicious Prison'
KFC's VR Training Places New Employees in a 'Delicious Prison'

The program, titled "The Hard Way-a KFC Virtual Training Escape Room", is more terrifying than you could imagine. A robot servant comes to help, but the Colonel assures the employee that they will never, not ever, be replaced by robots. KFC will also bring the VR simulation to its regional general manager training classes, quarterly franchise mee...

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  • Elmhurst Kmart to close this fall
Elmhurst Kmart to close this fall

This is over and above the 180 Kmart and Sears stores already shuttered in 2017 and the 150 that were scheduled to be shuttered before the third quarter ends. Same-store sales fell 11.5 percent, worse than the expected 7.1 percent decline. Earlier this year, the company sold its signature Craftsman brand for more than $900 million.

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  • Session Recap: Viewing Unusual Volume for Salesforce.com, inc. (NYSE:CRM)
Session Recap: Viewing Unusual Volume for Salesforce.com, inc. (NYSE:CRM)

Earnings: 4 Key Metrics for Investors to Focus On" on August 19, 2017, also Investorplace.com with their article: " 3 Stocks to Watch on Wednesday: Intuit Inc. The stock presently has a consensus rating of "Buy" and an average price target of $102.21. Following the sale, the insider now directly owns 49,913 shares of the company's stock, valued ...

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  • Oil prices climb on eighth straight week of USA stockpile drawdowns
Oil prices climb on eighth straight week of USA stockpile drawdowns

WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange down by 2.00% to $47.54 per barrel. Traders had expected a crude oil inventory draw of 3.5 million barrels, a Reuters poll revealed , with gasoline stockpiles seen to have shrunk by 600,000 barrels.

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  • Sempra Energy to buy Oncor for $9.45B, beating Buffett
Sempra Energy to buy Oncor for $9.45B, beating Buffett

Sempra plans to fund the purchase through a combination of its own debt and equity, as well as third-party equity and $3 billion of borrowings by the reorganized company, it said. Sempra said in its statement announcing the deal that it "will maintain the existing independence of Oncor's board of directors, which has protected Oncor and its custo...

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  • Target 2nd-qtr profit, sales beat view as customer traffic rises
Target 2nd-qtr profit, sales beat view as customer traffic rises

Wal-Mart Stores makes up about 1.1% of Lowe Brockenbrough & Co. Second quarter EPS did include a charge of $0.17 loss with the company's recent debts tender offer. Wal-Mart said sales at US stores open at least a year rose 1.8 percent, excluding fuel price fluctuations, during the second quarter ended on July 31.

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  • Uber halted in the Philippines after 'misunderstanding'
Uber halted in the Philippines after 'misunderstanding'

The LTFRB's freeze has not been a popular decision among Filipino commuters, many of whom regard Uber as more reliable and competitive than outdated public transport services. The government replied immediately, saying the suspension was still in force and threatening to arrest Uber drivers who violated it. "I would like to reiterate (that) what ...

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  • Yen gains broadly on latest bout of Korean tensions
Yen gains broadly on latest bout of Korean tensions

Investors also took cover in the yen, the Swiss franc and gold . "Right now the market is viewing it as a lot of saber-rattling and a lot of smoke, but not much fire", said Darrell Cronk, president of Wells Fargo Investment Institute. The loonie was shaking off its slumber in late morning trading today after racking up losses for more than a w...

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  • Key facts about Guam, the centre of US-North Korea tension
Key facts about Guam, the centre of US-North Korea tension

Trump issued his strongest warning yet for North Korea in comments to reporters in New Jersey on Tuesday. When President Donald Trump promised to unleash " fire and fury " if North Korea continues to threaten nuclear war, he might not have remembered Kim Jong-un's US -friendly neighbors to the south.

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  • Inside 20-year-old Kylie Jenner's multi-million-dollar empire
Inside 20-year-old Kylie Jenner's multi-million-dollar empire

However, he may realize that she is not joking when she tells him that they are having a child. Kylie said that she doesn't see herself as a role model, preferring the term: "an inspiration to young girls". Kylie took to Instagram and posted some sizzling pics to celebrate her company, Kylie Cosmetic's slight growth in just 18 months. ...

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  • British Gas price increase: How you can avoid the £76 hike
British Gas price increase: How you can avoid the £76 hike

British Gas said the increase will add £76 to the typical annual bill of a household on its dual fuel standard tariff, taking it to £1,120. Such announcements are highly sensitive because they can affect share prices. Reality Check verdict: Figures from the regulator Ofgem suggest that distribution costs and government obligations across the...

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  • Another reason the Tesla Model 3 may eat into Model S sales
Another reason the Tesla Model 3 may eat into Model S sales

Panasonic's close involvement with Tesla makes it a major player in batteries, but Korean firms LG and Samsung have more automaker clients. The Model 3 is one of the most technological cars you can find. Both the Model S and the Model X SUV were delayed and then plagued with pesky problems, like doors that don't work and blank screens in their ...

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  • Rory McIlroy sacks long-time caddie JP Fitzgerald
Rory McIlroy sacks long-time caddie JP Fitzgerald

With Rory McIlroy at five-over for the opening nine holes on the first day of The Open , Fitzgerald turned to his golfer and said, " You're Rory McIlroy, what the fuck are you doing? ". McIlroy , who split with Fitzgerald after nine years, four major championship titles, and an X-rated kick in the trousers from his long-time looper at the Briti...

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  • Sears Shares Jump After Kenmore Brand Appliances Launch On Amazon
Sears Shares Jump After Kenmore Brand Appliances Launch On Amazon

Or with the remote that came with your air condition that always gets misplaced. The partnership will allow customers to integrate "smart" Kenmore appliances with Amazon's artificial intelligence program Alexa, enabling customers to turn up their air conditioner "without leaving the sofa", Sears said.

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  • Shraddha Kapoor Wishes She Could Meet The Real Haseena Parkar
Shraddha Kapoor Wishes She Could Meet The Real Haseena Parkar

The Apoorva Lakhia film is perhaps her first film in which she plays the sole protagonist! The movie, which happens to be a biopic of Dawood's sister, has been touted as one of Shraddha's big project and the actress has admitted that it has been a challenging experience for her.

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  • Justice Department announces 'largest darknet takedown in history'
Justice Department announces 'largest darknet takedown in history'

Authorities say the operation, led by the Federal Bureau of Investigation , the U.S. Drug Enforcement Agency and Dutch police, shut down infrastructure belonging to the networks AlphaBay and Hansa, according to a press release from Europol .

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  • Trump dodges on Russian Federation sanctions
Trump dodges on Russian Federation sanctions

Waters filed the resolution with the Financial Services Committee, which now has 14 legislative days to address it, either by debating it or voting it down. On Friday, the Associated Press reported there was another person in the meeting not disclosed by Trump Jr . The chamber's Republican leaders initially said there was a technical probl...

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  • United States stocks rise after solid June jobs report
United States stocks rise after solid June jobs report

Friday's report from the Labor Department shows wages grew 2.5 percent in June from the same period a year earlier. Economists were expecting there to be 178,000 jobs added to the economy in June while the unemployment rate was set to remain at 4.3%, a post-financial crisis low.

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  • Happy Heather Watson has winning feeling
Happy Heather Watson has winning feeling

She dropped out of the top 100 and failed to qualify for the French Open but things finally came together again in Eastbourne last week, where she reached the semi-finals. "I'm just going to go out there and play my match". It's always going to change. "You don't get to where she's got to in her career without being a really good player".

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  • Gas prices trend down for fifth consecutive week, increase in production cited
Gas prices trend down for fifth consecutive week, increase in production cited

Further north, sub-$2 prices were rampant across metro regions including Tampa, Orlando, Melbourne and Vero Beach. Consumers can find gas for $2.00 or less at one out of every four gas stations in the country. "With July 4 around the corner, the national average gasoline price has fallen over the last week yet again", Dan McTeague, senior petroleum...

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  • Kyle Lowry, Raptors agree to deal that keeps Toronto's core intact
Kyle Lowry, Raptors agree to deal that keeps Toronto's core intact

Ibaka, who was acquired from the Orlando Magic in a trade for Terrence Ross and a first-round pick, averaged 14.2 points and 6.8 rebounds in 23 games after the All-Star break deal. The Knicks will need a lot more than just a president to purge the stigma of being a dysfunctional and ingrate organization as they proved to be throughout last seas...

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  • How Hong Kong's Banks Turned Chinese
How Hong Kong's Banks Turned Chinese

There was no trace of the protest that had taken place in the same square three days ago, when campaigners chained themselves to the now-gleaming golden Bauhinia statue, and draped it in black. While the Hong Kong Chinese also helped transform food culture in Vancouver, Yu said their arrival also bred resentment from others, including Chinese imm...

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  • UK chancellor, BoE chief stress Brexit perils
UK chancellor, BoE chief stress Brexit perils

Speaking earlier on Tuesday, Transport Secretary Chris Grayling denied the United Kingdom had effectively conceded to the EU's timetable for talks - which will see discussions on a future trade deal come after those on the terms of exit. Britain has lost its first battle with the European Union over the timetable for Brexit talks. "I think it...

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  • Fed: Large Banks Would Remain Well-Capitalized Under Severe Stress
Fed: Large Banks Would Remain Well-Capitalized Under Severe Stress

The Fed introduced stress tests after the 2008 financial crisis rocked markets around the globe in order to examine whether the country's biggest banks could handle a severe recession. Testings results released Thursday by the Federal Reserve show that the 34 institutions under scrutiny have enough capital to make it through the two scenarios reg...

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  • Justices say law on offensive trademarks is unconstitutional
Justices say law on offensive trademarks is unconstitutional

The ban violates the First Amendment free speech clause and "contrary to the government's contention, trademarks are private, not government speech", said the court in its decision. The court decided the ban on registering "scandalous, immoral, or disparaging remarks" violated the First Amendment. "The Supreme Court vindicated the Team's position...

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  • Instacart Thinks Its Deal with Whole Foods Will Survive Amazon Buyout
Instacart Thinks Its Deal with Whole Foods Will Survive Amazon Buyout

The message is this: The brick-and-mortar retail business that pioneered organic, fresh food and the country's dominant e-commerce company makea powerful combination. And figuring out how to get it to your front door is the ultimate inconvenience for consumers. The parties expect to close the transaction during the second half of 2017.

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  • Oil prices fall on OPEC output increase, rising US crude stocks
Oil prices fall on OPEC output increase, rising US crude stocks

Data from the U.S. Energy Information Administration (EIA) showed U.S. commercial crude oil inventories fell by 1.7 million barrels in the week through June 9. ANZ bank [The Australia and New Zealand Banking Group Limited] said in a note to clients that prices were "under pressure earlier in the day after a report from OPEC showed that its ...

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