• Possible salmonella outbreak triggers recall of 91000 pounds of
Possible salmonella outbreak triggers recall of 91000 pounds of

The recall is the first tied to an outbreak the U.S. Department of Agriculture says is widespread. The CDC is "NOT advising that consumers avoid eating properly cooked turkey products, or that retailers stop selling raw turkey products", the agency states on its website.

Read more

  • More than 400 hurt in French fuel price protests - minister
More than 400 hurt in French fuel price protests - minister

French officials say over a quarter of a million people across the country took part in protests against rising fuel taxes over the weekend. "He needs to think about the poor as well", said Andre, a 38-year-old with no driver's license who nonetheless joined a blockade in Dole, eastern France.

Read more

  • Oil rout runs to 12 days on supercharged selling
Oil rout runs to 12 days on supercharged selling

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Oil - US Crude-bearish contrarian trading bias. Yet there is also worry about oversupply, resulting once again from the relentless increase in US crude oil production, which two weeks ago hit 11.6 million barr...

Read more

  • Russia’s oil production in November to stay at October’s level - energy minister
Russia’s oil production in November to stay at October’s level - energy minister

Saudi Arabia plans to reduce oil supply to world markets by 0.5 million barrels per day (bpd) in December, its energy minister said on Sunday, as the OPEC power faces uncertain prospects in getting other producers to agree to a coordinated output cut.

Read more

  • Oil slips after US output hits record, crude stocks rise
Oil slips after US output hits record, crude stocks rise

The cost of the futures on WTI for December on the electronic session on the NY Mercantile exchange (NYMEX) decreased by this time $0,76 (1,25%) to $59,91 per barrel. He said the US has evidence that Iranian vessels are trying to evade USA sanctions by disabling location transponders used to prevent collisions. Meanwhile, Opec's production in O...

Read more

  • FAA Issues Emergency Order For Boeing 737 MAX 8s & 9s
FAA Issues Emergency Order For Boeing 737 MAX 8s & 9s

Boeing said that the Indonesian National Transportation Safety Committee had "indicated that Lion Air flight 610 experienced erroneous input from one of its AOA (angle of attack) sensors". The device was replaced in Bali after pilots reported a problem with airspeed reading, the Indonesian transportation safety regulator said Wednesday.

Read more

  • Lowe's to Close 51 Stores
Lowe's to Close 51 Stores

The company announced it will close 20 US stores and 31 locations in Canada. The majority of affected stores are located within 10 miles of another Lowe's store. Lowe's Canada is closing 27 of its home improvement stores in Canada, mostly outlets obtained in its purchase of Rona in 2016, but Winnipeg will be left unscathed.

Read more

  • U.S. issues directive after Boeing alerts pilots following Indonesia crash
U.S. issues directive after Boeing alerts pilots following Indonesia crash

Indonesian accident investigators said on Monday that an airspeed indicator on the crashed jet was damaged for its last four flights, but US authorities responded cautiously to suggestions of fleet-wide checks. The 787 Max 8 is the second Boeing aircraft to experience serious technical problems soon after its introduction, leading some analysts t...

Read more

  • China says Xi-Trump phone call 'extremely positive'
China says Xi-Trump phone call 'extremely positive'

It is not yet clear, however, if Trump reduced his demands on China or if Beijing offered additional trade concessions. Trump said trade talks were "moving along nicely" and that meetings were "being scheduled" at the G20 summit in Buenos Aires.

Read more

  • Imran Khan hoping for a bailout from China, Pakistan’s ‘all-weather’ friend
Imran Khan hoping for a bailout from China, Pakistan’s ‘all-weather’ friend

He is also scheduled to meet Premier Li Keqiang, president of the Asian Infrastructure Investment Bank, Jin Liqun, and Minister for International Department of the Central Committee Communist Party of China Song Tao. Unfortunately, our country is going through a low point at the moment with two very big deficits, a fiscal deficit and a current ac...

Read more

  • WTI Crude Oil and Natural Gas Forecast
WTI Crude Oil and Natural Gas Forecast

Meanwhile, with USA sanctions on Iranian oil exports set to commence this Sunday, the market is waiting to see as to what extent global supply will be impacted due to loss of Iranian oil. After hitting a multiyear high just one month ago, US light crude has lost almost 20 percent and has shown a pattern that hasn't been seen in some time, according...

Read more

  • RBI special sections invoked, Urijit Patel may resign
RBI special sections invoked, Urijit Patel may resign

Giving control of the Reserve Bank of India to its Board of Directors effectively gives this control to thel government. Neither denying nor accepting, the Ministry of Finance has issued a statement saying that extensive consultations on several issues take place between the government and the RBI and only final decisions are communicated.

Read more

  • Lion Air plane crashes into sea, 188 on board
Lion Air plane crashes into sea, 188 on board

The disaster is a setback for Indonesia's airline industry, which just emerged from decade long bans by the European Union and the U.S. over safety concerns. "We hope, we pray, but we can not confirm". Thus, the crash of the plane was not monitored by the Medium Earth Orbital Local User Terminal at the Basarnas [Search and Rescue] head office.

Read more

  • Mega Millions Jackpot brings more business to local stores
Mega Millions Jackpot brings more business to local stores

Tickets sold for Tuesday's drawing are expected to cover 75 percent of all possible number combinations, lottery officials said. Spano tweeted out: "Congrats To The Lucky Winner!" The name of South Carolina's last big victor - a $399 million Powerball jackpot in September 2013 which at the time was the fourth biggest lottery prize in US history...

Read more

  • Despite record profits, Amazon shares sink on disappointing sales
Despite record profits, Amazon shares sink on disappointing sales

Its overall subscription revenue , which comes not just from Prime, but also from Audible.com, Amazon Music, and other services, grew 52% from the third quarter past year to $3.7 billion. The company also issued weaker than expected revenue guidance. Those results combined with rising expenses brought down the company's operating margin to 25 ...

Read more

  • China tells Trump to switch to Huawei after NYT iPhone tapping report
China tells Trump to switch to Huawei after NYT iPhone tapping report

It was revealed on Wednesday, October 24, that casual phone conversations made by US President Donald Trump to friends and close advisers on an unsecured iPhone were been listened to by Chinese and Russian spies. Donald Trump has reportedly refused to exchange his personal phone for a new device every 30 days as is typical for security due t...

Read more

  • Saudi Arabia carried out 'extrajudicial execution' on Khashoggi: UN expert
Saudi Arabia carried out 'extrajudicial execution' on Khashoggi: UN expert

The CIA's Haspel heard an audio recording of Khashoggi's death during a trip to Turkey this week, sources told Reuters . Initially Saudi officials claimed Khashoggi had left the diplomatic mission unharmed; however, under Turkish pressure joined by the questions from the global community, it was forced to confess that he had been killed in a p...

Read more

  • Elon Musk's superfast LA underground 'loop' is coming sooner than you think
Elon Musk's superfast LA underground 'loop' is coming sooner than you think

Elon Musk's vision of traveling at high speeds in underground tunnels is inching closer to reality as the outspoken executive has announced The Boring Company's test tunnel in Hawthorne, California will open on December 10th. says on its website. By lowering the cost of building tunnels and providing a transit alternative to driving, the comp...

Read more

  • Billion-Dollar Jackpot up for Grabs
Billion-Dollar Jackpot up for Grabs

He purchased a massive stack of lottery tickets for the October 23 Mega Millions drawing where the pot has swelled to $1.6 BILLION and fans are dragging him for being greedy . In order to earn a chance at the historic prize, players purchase tickets for $2 and must match all five numbers plus the Mega Ball to win the jackpot.

Read more

  • Erdogan accuses Saudi agents of killing dissident journalist
Erdogan accuses Saudi agents of killing dissident journalist

Saudi Arabia has claimed that Khashoggi died accidentally in a brawl at the Saudi Consulate in Istanbul on October 2. Even in the face of ugly details of Jamal Khashoggi's slaying, Trump has resisted calls to cut off arms sales to the kingdom and has been reluctant to antagonize the Saudi rulers.

Read more

  • European Union slams Italy's 'unprecedented' deviation from budget rules
European Union slams Italy's 'unprecedented' deviation from budget rules

In an October 15 report, the Bank of Italy said that at the end of 2017, the nation's public debt stood at 2.26 trillion euros, or 131.2 percent of gross domestic product (GDP). The currency markets also reacted to the news of the Commission's letter with concern, causing the Euro to devalue to a one-week low against the U.S.

Read more

  • Drawbacks to Musk's Cheaper Model 3
Drawbacks to Musk's Cheaper Model 3

Tesla said it has used the same battery pack as the long-range version with fewer cells for the mid-range version. It's not clear if this timetable for the debut of the midrange model was originally planned by Tesla , or if the timing was pushed up due to other factors such as gaining orders ahead of the halving of the $7,500 federal tax credit l...

Read more

  • Saudi operative wore Khashoggi’s clothes, acted as decoy to fool Turkish police
Saudi operative wore Khashoggi’s clothes, acted as decoy to fool Turkish police

He said on Sunday he would speak to Saudi crown prince Mohammad bin Salman "very soon" before deciding what to do. The French presidency says France's President Emmanuel Macron and President Donald Trump shared their concerns about the circumstances that led to the death of Saudi journalist Jamal Khashoggi .

Read more

  • Lottery Fever Spurs Ticket Sales As Mega Millions Jackpot Approaches $1 Billion
Lottery Fever Spurs Ticket Sales As Mega Millions Jackpot Approaches $1 Billion

Officials raised the estimated jackpot Thursday for the second time because of strong sales ahead of Friday night's drawing for what would be the second-largest lottery jackpot in US history. Lottery fever is sweeping the nation with a Mega Millions jackpot that is worth a cool $1 billion. - Millions are on the line after this week's lottery dr...

Read more

  • Audio recording emerges of 'murder' of Saudi journalist
Audio recording emerges of 'murder' of Saudi journalist

Before Trump spoke, the administration announced that Treasury Secretary Steven Mnuchin had pulled out of a major upcoming Saudi investment conference and a USA official said Secretary of State Mike Pompeo had warned the Saudi crown prince that his credibility as a future leader is at stake.

Read more

  • Reliance Industries halts Iranian oil imports ahead of US sanctions
Reliance Industries halts Iranian oil imports ahead of US sanctions

Earlier last week, Trump said during an interview that he will impose severe punishment if Saudi Arabia is confirmed to be behind Khashoggi's alleged death. U.S. President Donald Trump said the Saudi crown prince intends to expand an investigation into the disappearance of Khashoggi and that the prince did not know what happened in the Turkis...

Read more

  • Mega Millions jackpot nears record
Mega Millions jackpot nears record

That distinction goes to the $1.586 Powerball jackpot in 2016 that was shared by three winners, including a Chino Hills couple. The cash option, which is favored by almost all winners, is $372 million. Still, even the combined total wouldn't break the record US lottery prize. Before claiming the prize, the lucky victor must first sign the b...

Read more

  • Oil extends losses as markets fall, inventories climb
Oil extends losses as markets fall, inventories climb

Volumes for Brent are four times the average for the Asian timezone, while WTI contracts were about 75 percent above typical turnover, McCarthy said . US crude stocks rose last week as refineries cut output, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Thursday.

Read more

  • OPEC compliance with oil production cut agreement equals 121% in September
OPEC compliance with oil production cut agreement equals 121% in September

The price of global benchmark Brent crude has slid over $45 a barrel in June 2017 and peaked at over $85 in October. USA light crude dropped $1.42, or 1.9 percent, to $71.75 after hitting a low of $71.63. "For oil, it's important to look at the fundamental side because the recent decline is due to the risk-off sentiment across markets", Min Byu...

Read more

  • Facebook now says data breach affected 29 mln users, details impact
Facebook now says data breach affected 29 mln users, details impact

Other 15 million users had their names and contact information breached, and 1 million users exclusively had their access tokens stolen; Facebook has reset the access tokens for all of those users. Facebook indicated that hackers stole access tokens through its "view as" feature. The breach has left users more vulnerable to targeted phishi...

Read more