Business
Oil Prices Surged by Possible Production Cutback
Reiterating Iran’s official stance, Mr. Rouhani blamed regional rival Saudi Arabia for the dive in Crude Oil prices, which have halved since last May as global supply outstrips demand.
Here’s what London’s first driverless cars look like
The vehicles will be adapted from shuttle pods already being used to ferry passengers at Heathrow Airport’s Terminal 5, but are now being developed to work without their dedicated tracks. British firms such as Westfield Sportscars, Heathrow Enterprises and Oxbotica will come together so that a full transformation of these
In Custody After Attempted Robbery, Shootout At Shakopee Walmart
A Walmart store in Shakopee was shut down briefly on Tuesday night after a shooting in the parking lot. Police say a Craigslist transaction gone bad resulted in a man firing shots at his buyer outside the Shakopee Walmart.
Strikes, black Tuesday, taxi riots in Paris
Tempers flared in Paris yesterday as striking taxi drivers blocked major roads and set fire to tires on a “black Tuesday”, with simultaneous strikes by air-traffic controllers, public servants, hospital workers and teachers.
China to cut coal, steel capacity
Global crude steel production fell 2.8 percent previous year, marking the first annual decline since 2009, as producers succumbed to pressure from waning demand and tumbling prices.
General Electric Company (GE) Shares Bought by Accredited Investors
The shares of American Electric Power Company Inc (NYSE:AEP) had been given positive outlook from Sell-side analysts. Baker Avenue Asset Management now owns 204,491 shares of the company’s stock valued at $5,157,000 after buying an additional 55,242 shares during the period.
Delta Air misses fourth-quarter expectations, sees unit revenue decline
Delta, the United States partner of Air France-KLM, expects the Paris attacks to hurt unit revenue in the first quarter by 0.5 percentage points, its President Ed Bastian said.
Canadian Pacific Railway plans to cut 1000 positions this year
Facing a freight recession caused by slumping commodity prices and industrial output, No. 1 USA railroad Union Pacific Corp said Thursday hopes of strong economic growth have so far been undermined by a key missing ingredient – the American consumer.
Selling Its Appliances Arm Could Boost Brand Recognition For GE
GE said the deal values the appliance business at 10 times last 12 months earnings before interest, taxes, depreciation, and amortization (EBITDA).
Asia stocks up after European Central Bank signals easing, oil extends rally
Pedestrians are reflected on an electronic stock board at a securities firm in Tokyo, Friday, Jan. 22, 2016.