Oil prices rise as US reports mixed data

Energy Information Administration on Wednesday. "Given the spate of selling that crude has endured over recent weeks, a sizable gasoline draw and headline drop in total USA production is likely enough to keep the market supported in the short term, though bigger questions remain on the health of the global oil supply and demand picture", he said in emailed commentary. [Full Article...]

A Company Just Got Permission To Land On The Moon

Previously, only nations have launched missions beyond Earth's orbit. This level of coordination was necessary because a mission like that of Moon Express is subject to the Outer Space Treaty of 1967, an worldwide regulatory agreement initiated by the US and Russian Federation. [Full Article...]

South Africa's ruling party suffering biggest electoral blow

South Africa's ruling party suffering biggest electoral blow But the party is still a long way behind the DA, which has won about 26 percent of the vote and the ANC which leads with about 54 percent. The City of Tshwane and City of Johannesburg are also likely to head for that scenario where both the ANC and the DA were small percentages apart in terms of the votes the parties garnered in these cities. [Full Article...]

Early South African vote results show ruling party losses

Early South African vote results show ruling party losses The main opposition Democratic Alliance (DA) was on course to keep Cape Town and was inching ahead in the capital Pretoria and the economic hub Johannesburg as well as in the city of Port Elizabeth. Besides Mandela, who grew up in the nearby village of Qunu, the Port Elizabeth area was home to anti-apartheid luminaries such as former President Thabo Mbeki and his father Govan, and Steve Biko, ... [Full Article...]

IPhone 7 Plus comparison video shows great detail

IPhone 7 Plus comparison video shows great detail In addition, Apple has forecast slow growth ahead. As the rumor mill starts churning out much of the same content, these kinds of videos and dummy devices become more salient. "Instead, the leak indicates that the iPhone 7 home button will implement a touch-based design ", says BGR . And there is more, there is also strong rumour that suggest that there is going to be an option of 256GB s... [Full Article...]

Amit Shah To Pick Anandiben Patel's Successor In Consultation With Lawmakers

The party has deputed Union Minister Nitin Gadkari and senior leader Saroj Pandey to oversee the election of the new CM. Nitin Patel, who holds the portfolios of Health, Medical Education, Family Welfare, Road and Building and Capital Project and Vijay Rupani, the newly elected state unit head of the party, are said to be front runner for the chief ministerial post. [Full Article...]

Pilot Identified in Balloon Crash

Pilot Identified in Balloon Crash The crash is the deadliest hot-air balloon accident in US history, USA Today reports . The first power line trip was at 7:42 a.m., and the first call to 911 was a minute later. In a lawsuit filed against Nichols in 2013, a passenger said she was hurt when Nichols crash-landed a balloon in the St. Louis suburbs. The tragedy is said to be the deadliest hot air balloon crash to have happened in ... [Full Article...]

Facebook is getting out of the 'clickbait' business

Facebook is getting out of the 'clickbait' business They flagged "tens of thousands" of these headlines as clickbait and fed them into a system that parsed them for phrases that were common among the clickbait cohort but not among the non-clickbait group. The changes will be welcomed by most users, creating a cleaner News Feed that's more useful and informative. "Links posted from or shared from Pages or domains that consistently post clickbait h... [Full Article...]

Trump on $400 million USA paid Iran: 'We have been humiliated'

The prisoner deal coincided with the lifting of worldwide sanctions against Tehran. The Journal also reported that Justice Department officials expressed concerns about both the number of Iranian prisoners freed by the US and the number of sanctions violations cases that would be dropped as part of the two agreements. [Full Article...]

Goldman Sachs (GS) to Pay $36.3 Million for Using Confidential Data

Goldman Sachs (GS) to Pay $36.3 Million for Using Confidential Data Jiampietro, a former regulator with the US Federal Deposit Insurance Corporation, asked a newly hired Goldman employee, Rohit Bansal, to obtain confidential documents from the Fed. Both Jiampietro and Bansal were fired some time ago. Jiampietro was Bansal's immediate supervisor. His lawyer said in a statement: "As Mr. Jiampietro has said from the start, he never requested confidential supervisor... [Full Article...]

Uber Technologies Finally Gave up on China: Here's Why

Uber Technologies Finally Gave up on China: Here's Why With Uber's long fight for survival in China finally coming to an end, analysts have raised questions over foreign tech companies making a successful entry and expanding its business in the world's second largest economy. The logic behind these bets is that the local companies have a better understanding of their countries, as Ola founder Bhavish Aggarwal or MyTaxi's Nic Mewes argue. [Full Article...]

Italy would consider US request to use base in Libya strikes

Prime Minister Fayez Seraj said , "The presidency council, as the general army commander, has made a request for direct USA support to carry out specific air strikes ". On Monday, US warplanes carried out their first air strikes on positions in the IS bastion of Sirte. Small teams of Western special forces have been providing intelligence and logistical support in Libya for months, and t... [Full Article...]

Verizon to buy Fleetmatics for about $2.4 billion

Verizon to buy Fleetmatics for about $2.4 billion The deal is expected to close in the fourth quarter of 2016. Shares in Fleetmatics soared 39 per cent to US$59.60 while Verizon dipped 0.7 per cent to US$55.01. " Fleetmatics is a market leader in North America-and increasingly internationally-and they've developed a wide-range of compelling SaaS [Software-as-a-Service]-based products and solutions for small- and medium-sized businesses", sai... [Full Article...]

Security stepped up at Amsterdam airport following threat

Security stepped up at Amsterdam airport following threat According to the police, around 8:53 a.m. a report was received that a person on the tour bus was making odd comments containing the word "bomb". The checks caused long traffic jams and some people chose to walk to the airport, afraid of missing their flights on one of the busiest travel days of the year due to the holidays. [Full Article...]

Notable Stock's Buzzers: Whiting Petroleum Corp (NYSE:WLL), Citigroup Inc(NYSE:C)

Notable Stock's Buzzers: Whiting Petroleum Corp (NYSE:WLL), Citigroup Inc(NYSE:C) A look on the firm performance, its monthly performance is 6.92% and a quarterly performance of -6.01%. Three months ago analysts had a rating of 2.17 on the stock. "Given the updated 2017 commentary, we believe WLL can deliver 6% 4Q17/4Q16 production growth on a balanced budget at the CS deck ($55/bbl)", the analyst added. [Full Article...]

US launches airstrikes targeting IS in Libya

US launches airstrikes targeting IS in Libya The United States will continue carrying out precision airstrikes in Libya upon request from the local Government of National Accord and will vet the government's targets, Cook said. But now, following a request for help from the new Libyan unity government, western powers have finally hit back to smash the jihadis and halt their growing presence in north Africa. [Full Article...]

Pedestrians form human chain to rescue woman stranded by flood

According to police, she was visiting with family members and there were trying to drive away from the floodwaters when their vehicle was swept away. "There were incredible rescues. people being rescued out of cars with human chains reaching from restaurants to try to get people out of cars", Hogan said. [Full Article...]

Facebook (FB) Could Owe IRS Up to $5 billion in Taxes

Facebook (FB) Could Owe IRS Up to $5 billion in Taxes The IRS is investigating assets Facebook moved to Ireland in 2010. The Notice came two days after the IRS filed an amended petition with the federal court in San Francisco, noting primarily that Facebook failed to appear (for the seventh time) on June 29 at an IRS office in nearby San Jose, California. [Full Article...]

AB InBev sees strong sales for main brands like Corona

Under U.K. takeover rules, a final offer can't be increased. "I think the combination can release a significant amount of cost overlaps; there's an industrial argument and a commercial argument behind the transaction". The shares earlier jumped as much as 6 percent, the biggest intraday gain since October. "We believe the revised and final offer represents a compelling opportunity for all SABMi... [Full Article...]

Durant and Thompson lead Team USA in win over China

For me, the biggest disappointment in my coaching career was that game... you have the honor to coach your national team and it was the end". "The result for us was not important". Three fried egg sandwiches, an omelet, a bowl of grits, three pieces of french toast and three chocolate chip pancakes. that is what Olympic swimmer Michael Phelps used to eat for breakfast...every day. [Full Article...]

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