Money
BNZ's technology crash caused by power cut at parent bank in Melbourne
- May 28, 2018
When the power cut hit it took out "quite a few systems" at NAB and that impacted BNZ systems, he said. "We're still looking into the cause". "But we don't know the extent of the impact on individual customers at this time". She said those who did not have that information would be assisted by the bank to estimate an amount. However for some customers the outage did not result in a loss - just inconvenience. (more...)
- May 28, 2018
When the power cut hit it took out "quite a few systems" at NAB and that impacted BNZ systems, he said. "We're still looking into the cause". "But we don't know the extent of the impact on individual customers at this time". She said those who did not have that information would be assisted by the bank to estimate an amount. However for some customers the outage did not result in a loss - just inconvenience. (more...)
Oil prices slump after talk of curbing oil supplies
- May 27, 2018
Amrita Sen, chief oil analyst at consultancy Energy Aspects, said: "Addressing overcompliance was always likely to be on the agenda amid a tight market and low inventories, but the volume to bring back is still up for debate". It has been discussed that it could mean increase supply up to 1 million barrels per day to the market. Dharmendra Pradhan, the Indian petroleum minister, said he rang al-Falih and "expressed my concern about rising prices of crude oil". (more...)
- May 27, 2018
Amrita Sen, chief oil analyst at consultancy Energy Aspects, said: "Addressing overcompliance was always likely to be on the agenda amid a tight market and low inventories, but the volume to bring back is still up for debate". It has been discussed that it could mean increase supply up to 1 million barrels per day to the market. Dharmendra Pradhan, the Indian petroleum minister, said he rang al-Falih and "expressed my concern about rising prices of crude oil". (more...)
South Korea’s Moon: North Korea still committed to full denuclearization
- May 27, 2018
The U.S. offers North Korea the economic assistance in exchange for the refusal of the nuclear weapon. It was the decision made by the two Koreas, Yoon said. Analysts say Kim's diplomatic outreach in recent months after a flurry of nuclear and missile tests in 2017 indicates he is eager for sanctions relief to build his economy and the global legitimacy the summit with Trump would provide. (more...)
- May 27, 2018
The U.S. offers North Korea the economic assistance in exchange for the refusal of the nuclear weapon. It was the decision made by the two Koreas, Yoon said. Analysts say Kim's diplomatic outreach in recent months after a flurry of nuclear and missile tests in 2017 indicates he is eager for sanctions relief to build his economy and the global legitimacy the summit with Trump would provide. (more...)
Brazil's striking truckers defiant as government sends in the army
- May 27, 2018
The strike followed complaints from truck drivers about the rising cost of diesel oil, which has gone up sharply in recent months as world oil prices rise and the Brazilian real weakens against the US dollar. "Our accounts are starting to be in the red because we have daily bills we have to pay". Truck owners block the BR-324 highway during a protest against high diesel prices in Simoes Filho near Salvador, Brazil May 23, 2018. (more...)
- May 27, 2018
The strike followed complaints from truck drivers about the rising cost of diesel oil, which has gone up sharply in recent months as world oil prices rise and the Brazilian real weakens against the US dollar. "Our accounts are starting to be in the red because we have daily bills we have to pay". Truck owners block the BR-324 highway during a protest against high diesel prices in Simoes Filho near Salvador, Brazil May 23, 2018. (more...)
Oil prices down more than 4.5 pct in 2 days
- May 27, 2018
This restriction in supply has increased the production of U.S. crude oil by 25% in the last two years. "I think in the near future there will be a time to release supply". Petersburg, Falih said the easing of restrictions on pumping levels would be gradual to avoid a shock to the market. U.S. West Texas Intermediate crude futures were at $68.84 a barrel, down $1.87. (more...)
- May 27, 2018
This restriction in supply has increased the production of U.S. crude oil by 25% in the last two years. "I think in the near future there will be a time to release supply". Petersburg, Falih said the easing of restrictions on pumping levels would be gradual to avoid a shock to the market. U.S. West Texas Intermediate crude futures were at $68.84 a barrel, down $1.87. (more...)
Man accused of starting fight on flight after attendant wouldn't serve beer
- May 27, 2018
The two passengers began fighting in the aisle before both were brought under control by the American Airlines flight crew. A story posted on miamiherald.com Friday noted that the passenger started to get angry when the attendant told him he couldn't purchase more beer. (more...)
- May 27, 2018
The two passengers began fighting in the aisle before both were brought under control by the American Airlines flight crew. A story posted on miamiherald.com Friday noted that the passenger started to get angry when the attendant told him he couldn't purchase more beer. (more...)
J&J hit with $21.7 million verdict in another talc asbestos cancer case
- May 27, 2018
Hers is one of thousands of court cases brought against Johnson & Johnson over powder. A California jury delivered a US$25.7 million ($37m) verdict against Johnson & Johnson in a lawsuit brought by a woman who claimed she developed cancer by using the company's talc-based baby powder. (more...)
- May 27, 2018
Hers is one of thousands of court cases brought against Johnson & Johnson over powder. A California jury delivered a US$25.7 million ($37m) verdict against Johnson & Johnson in a lawsuit brought by a woman who claimed she developed cancer by using the company's talc-based baby powder. (more...)
Uber permanently ends self-driving auto tests in Arizona
- May 27, 2018
In the report , federal investigators say Uber's modified, self-driving 2017 Volvo XC90 had its brakes designed for this type of unsafe situation disabled. Uber has shut down its self-driving auto operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday. (more...)
- May 27, 2018
In the report , federal investigators say Uber's modified, self-driving 2017 Volvo XC90 had its brakes designed for this type of unsafe situation disabled. Uber has shut down its self-driving auto operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday. (more...)
Action plan drawn up after train cancellations in Wigan
- May 27, 2018
The government has promised to prioritise Northern rail issues and ensure a plan of action to fix the train operator's poor service is implemented after a week in which passengers have continued to vent their anger about delays and cancellations. (more...)
- May 27, 2018
The government has promised to prioritise Northern rail issues and ensure a plan of action to fix the train operator's poor service is implemented after a week in which passengers have continued to vent their anger about delays and cancellations. (more...)
Record-setting $106M could be won in Friday's Lotto Max draw
- May 26, 2018
Two Maxmillions prizes, worth $500,000 each, were sold in Toronto and Sault Ste. Lottery players can check their numbers on the Winning Numbers page on OLG.ca or on the OLG Lottery App . Loto-Québec said the odds of winning the jackpot are one in 28 million. "With just one Lotto Max ticket, lottery players have 47 chances to win a prize of $1 million or more tonight", spokesperson Dita Kuhtey wrote in a statement to CTVNews.ca on Friday". (more...)
- May 26, 2018
Two Maxmillions prizes, worth $500,000 each, were sold in Toronto and Sault Ste. Lottery players can check their numbers on the Winning Numbers page on OLG.ca or on the OLG Lottery App . Loto-Québec said the odds of winning the jackpot are one in 28 million. "With just one Lotto Max ticket, lottery players have 47 chances to win a prize of $1 million or more tonight", spokesperson Dita Kuhtey wrote in a statement to CTVNews.ca on Friday". (more...)
Elon Musk may have violated U.S. labor laws during tweet storm
- May 26, 2018
The increasingly irascible Tesla chief executive went on a 24-hour, anti-media tirade from Wednesday to Thursday, culminating in an online poll that saw almost 700,000 people showing their support for his plans to create a website to vet journalists' credibility. (more...)
- May 26, 2018
The increasingly irascible Tesla chief executive went on a 24-hour, anti-media tirade from Wednesday to Thursday, culminating in an online poll that saw almost 700,000 people showing their support for his plans to create a website to vet journalists' credibility. (more...)
Yellow lab gives birth to eight puppies
- May 26, 2018
This is not something you expect to see when going to the airport. The father, Nugget, was also there for the big event. Van Atter said she has mobility and pain issues, Nipps said, and the dogs were service dogs, though Eleanor Rigby was still in training. (more...)
- May 26, 2018
This is not something you expect to see when going to the airport. The father, Nugget, was also there for the big event. Van Atter said she has mobility and pain issues, Nipps said, and the dogs were service dogs, though Eleanor Rigby was still in training. (more...)
Could the summit be back on?
- May 26, 2018
The heavily-amended letter condemned Trump for being repetitive, "pandering" to his audience, inappropriate vocabulary and nonsensical turn of phrase. "We didn't want to go to a meeting just for the sake of going to a meeting. There had to be something to come out of it". The question for the Trump administration, though, is whether or not cancelling the summit means the end of engagement and a turn to hawkish moves to force the DPRK to denuclearise, or whether concerted diplomatic efforts ... (more...)
- May 26, 2018
The heavily-amended letter condemned Trump for being repetitive, "pandering" to his audience, inappropriate vocabulary and nonsensical turn of phrase. "We didn't want to go to a meeting just for the sake of going to a meeting. There had to be something to come out of it". The question for the Trump administration, though, is whether or not cancelling the summit means the end of engagement and a turn to hawkish moves to force the DPRK to denuclearise, or whether concerted diplomatic efforts ... (more...)
Tenney, Brindisi respond to Dodd-Frank rollbacks
- May 26, 2018
The House passed S. 2155 , the Economic Growth, Regulatory Relief, and Consumer Protection Act 258-159, featuring mostly Republican votes for the legislation. That reduces the number of banks automatically subject to Dodd-Frank's enhanced supervisory regime from 38 to 12. The law gives regional and community banks relief from rules that they've decried as burdensome and costly. (more...)
- May 26, 2018
The House passed S. 2155 , the Economic Growth, Regulatory Relief, and Consumer Protection Act 258-159, featuring mostly Republican votes for the legislation. That reduces the number of banks automatically subject to Dodd-Frank's enhanced supervisory regime from 38 to 12. The law gives regional and community banks relief from rules that they've decried as burdensome and costly. (more...)
Fiat Chrysler warns 4.8M owners: Don't use the cruise
- May 26, 2018
It was separately fined $70 million by US regulators in 2015 for failing to report vehicle crash deaths and injuries since 2003. In the event that cruise control can not be disengaged while driving, owners should firmly and steadily apply the brakes and shift the transmission to Neutral, placing the vehicle in Park once it has stopped. (more...)
- May 26, 2018
It was separately fined $70 million by US regulators in 2015 for failing to report vehicle crash deaths and injuries since 2003. In the event that cruise control can not be disengaged while driving, owners should firmly and steadily apply the brakes and shift the transmission to Neutral, placing the vehicle in Park once it has stopped. (more...)
Netflix is Now Worth More Than Disney
- May 26, 2018
While much of the attention was on Disney getting access to Marvel characters it now doesn't have the screen rights too, for The Mouse, the bigger fish is Fox's share of Hulu, and Sky Television. Netflix is primarily relegated to delivering content on its service while continuing to offer its movies by mail service, while Disney has new avenues in content distribution to explore. (more...)
- May 26, 2018
While much of the attention was on Disney getting access to Marvel characters it now doesn't have the screen rights too, for The Mouse, the bigger fish is Fox's share of Hulu, and Sky Television. Netflix is primarily relegated to delivering content on its service while continuing to offer its movies by mail service, while Disney has new avenues in content distribution to explore. (more...)
DOJ And CFTC Reportedly Investigating Cryptocurrency Price Manipulation
- May 26, 2018
Spoofing is a practice where crypto-traders place fake large volume orders on exchanges in an attempt to lure inexperienced investors into buying or selling; only to remove the order before it ever completes. A trader submits a number of orders and then cancels them once BTC (or any other coin) moves in the desired direction. Officials are examining the trading of cryptocurrencies such as bitcoin in the US, UK and other countries, with one source reportedly telling the Times, "the ... (more...)
- May 26, 2018
Spoofing is a practice where crypto-traders place fake large volume orders on exchanges in an attempt to lure inexperienced investors into buying or selling; only to remove the order before it ever completes. A trader submits a number of orders and then cancels them once BTC (or any other coin) moves in the desired direction. Officials are examining the trading of cryptocurrencies such as bitcoin in the US, UK and other countries, with one source reportedly telling the Times, "the ... (more...)
Will higher gas prices keep you from traveling this summer?
- May 26, 2018
Gone are the days of $2-a-gallon gasoline. Will you let higher gas prices put a brake on your summer plans? "I don't think they should raise the price of gas up with the holiday coming up", Tyson said. A gallon of gasoline is made up of 70 percent crude oil. Cars that are properly maintained and pass emissions tests can improve gas mileage by an average of 4%, according to FuelEconomy.gov. (more...)
- May 26, 2018
Gone are the days of $2-a-gallon gasoline. Will you let higher gas prices put a brake on your summer plans? "I don't think they should raise the price of gas up with the holiday coming up", Tyson said. A gallon of gasoline is made up of 70 percent crude oil. Cars that are properly maintained and pass emissions tests can improve gas mileage by an average of 4%, according to FuelEconomy.gov. (more...)
Most US Fed officials say rate hike likely needed soon
- May 26, 2018
The dollar index, which measures the greenback against a basket of six other currencies, hit a high of 94.188 before the release of the minutes, but pared some gains to trade up 0.42 percent at 94.006. The yield on benchmark 10-year Treasury notes US10YT=RR fell back below the 3-percent threshold to 2.999 percent, compared with its US close of 3.003 percent on Wednesday. (more...)
- May 26, 2018
The dollar index, which measures the greenback against a basket of six other currencies, hit a high of 94.188 before the release of the minutes, but pared some gains to trade up 0.42 percent at 94.006. The yield on benchmark 10-year Treasury notes US10YT=RR fell back below the 3-percent threshold to 2.999 percent, compared with its US close of 3.003 percent on Wednesday. (more...)
N. Korea keeps hopes of talks alive after Trump cancellation
- May 26, 2018
He told reporters Friday that "everybody plays games". "We express our willingness to sit down face-to-face with the U.S. and resolve issues anytime and in any format", North Korea's vice foreign minister Kim Kye-gwan said in a statement. (more...)
- May 26, 2018
He told reporters Friday that "everybody plays games". "We express our willingness to sit down face-to-face with the U.S. and resolve issues anytime and in any format", North Korea's vice foreign minister Kim Kye-gwan said in a statement. (more...)
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Home Price Index rises, July CPI unchanged