Economy

Oil Prices Fall...Yet Again

This raised concerns that United States production is increasing and undermining efforts by the Organization of the Petroleum Exporting Countries (OPEC) and others to cut output. The high price extended to $53.83. Still, that wasn't enough to revive prices after Baker Hughes on Friday showed that US drillers added rigs for the 10th-straight week to the highest level in a year.

Facebook videos could soon house a lot more ads

That's all well and good, but the bottom line for Facebook , and for many video producers, is to make money. The format that Facebook is proposing involves "mid-roll" advertising, where the ad will show up some time after the footage starts rolling, Recode reports .

FTSE hits record on supermarkets, miners & pound

Among Britain's supermarket giants, Tesco led with a sales increased of 1.3 per cent, thanks to its performance within fresh food - its market share now sits at 28.2 per cent, Kantar's data showed. The big four supermarkets together accounted for 71.4% of market share, with a sales increase of 0.1% - the first time that all four have collectively grown since June 2014.

Snap Sued, Accused Of Faking Growth By Ex-Employee

Pompliano says he was recruited from Facebook based on the false metrics, and when he urged Snapchat to correct them, he was sacked after only three weeks on the job, according to the complaint. Snap management told company employees and third parties that Pompliano was sacked because he was incompetent, according to the lawsuit, even though he had received no negative reviews.

Windows 10 Increases In Popularity On Steam

While the free upgrade to Windows 10 offer has now expired , Microsoft has still left a route open for Windows 7/8.1 users to switch to the newer OS if they're in need of assistive technologies. At Microsoft's Surface event held in October 2016, the company announced the upcoming Creators Update , which will be coming early 2017. What's worth mentioning is while the update has been made available for Windows PC users, Windows 10 Mobile still have to wait a while before their turn comes.

How to Watch Times Square New Year's Ball Drop

Not to mention the millions who will watch nationwide and over a billion watching throughout the world. At 8 p.m. on CNN, there's Kathy Griffin and Anderson Cooper celebrating their 10th year of testing the FCC from their perch in Times Square .

US Shale Producers To Gulp Saudi Market Share Of Oil

Nevertheless, this morning when I read a news article from Reuters about the increasing number of rig counts in the USA, it gave me a feeling that I was not mislead by the western media, but right in saying that with the hike in crude oil prices, the rig count in the United States would jump dramatically.

Amazon's latest patent could cut delivery time to mere seconds

The warehouse could stock specific items such as sporting apparel or food, then relocate near the event so customers could order items and have them quickly delivered by drone. Amazon's aerial dreams aren't limited to drone deliveries. The shuttles would also be able to "travel long horizontal distances (miles) from the AFC using little to no power" by relying on its flaps and ailerons alone.

Vikings have rough arrival at Appleton airport

The Vikings play at Green Bay at noon Saturday. Lineman Jeremiah Sirles tweeted a picture of an ice-encrusted plane window and a view of the airport runway. In fact, you've probably never seen a group of grown men more excited than the Vikings were when they were rescued by a fire truck. In fact, they need to win their final two games and get a little help along the way to earn a Wild Card spot in the NFC playoffs.

Ball in Rahul Gandhi's court to prove charges against Modi

Prasad further said the Amethi MP is silent on the scams by members in the erstwhile UPA government. Earlier this month, Rahul Gandhi, while giving a speech in Mehsana, claimed that PM Narendra Modi had taken Rs.40 Crore from Sahara before becoming the Prime Minister of India.

OPEC: Planned oil production cuts materialises

That put both contracts on track to rise for a fourth week in the last five, Brent up 23 percent during that time and US up 19 percent. This would diminish the impact of the recent production cuts agreed by the Organization of the Petroleum Exporting Countries, as well as nonmembers, totaling around 1.8 million barrels a day, or roughly 2% of the global supply.

Video from San Francisco shows Uber's self-driving vehicle running red light

Uber may be known around the world for its ridesharing service, where volunteer drivers earn money by offering rides. Following an autumn launch in Pittsburgh, the ride-sharing firm this week dispatched a fleet of Volvo XC90 self-piloted cars in The Golden City, available to folks requesting an UberX.

Stocks Firmly Higher in Rebound From Fed-Triggered Selloff

The Fed sees three rate hikes next year instead of the two foreseen as of September, partly as a result of the changes anticipated under President-elect Donald Trump. The worry is that traditional bond investors who had defected to dividend stocks will return to bonds now that yields are rising again. Higher interest rates could help banks reap bigger profits from making loans.

Postal worker rescues packages from burning mail truck in North Carolina

A dedicated mail carrier in North Carolina was caught in camera rescuing packages from the back of her mail truck after the vehicle burst into flames. The Mail Room has two postal service pick up times this month to keep up with demand. We are grateful for the quick response of the fire department.

Prudential Stops Distribution Of Policy Sold Through Wells Fargo

The move comes after a lawsuit was filed claiming Prudential had tried to hush up evidence that Wells Fargo bankers - who were supposed to market the low-priced Prudential policy, MyTerm, to their customers - opened fraudulent accounts in customers' names and had premiums withdrawn from their bank accounts without their consent or knowledge.

'Petrol, diesel prices likely to rise in the nex 3-4 months'

Brent futures fell 93 cents, or 1.7 percent, to settle at $53.00 a barrel, while USA crude lost $1.16, or 2.3 percent, to settle at $49.77. Europe's benchmark Brent crude futures for delivery in February was also down 0.5% Wednesday at $53.65, off Monday's high of $54.94.

Ikea expanding parental leave to four months

Birth, foster and adoptive mothers and fathers will all be able to claim the new program which will come into effect in January, 2017. Ikea's US division is offering longer parental leave to employees who are new parents, following similar overtures from tech companies like Netflix as it strives to keep good workers in an improving job market.

Trump warns of 'consequences' for companies leaving US

Huntington factory union local president Bill Davis tells WANE-TV he could tell from the announcement of Trump's Carrier deal that it was only aimed at the Indianapolis jobs. President-elect Donald Trump says he has narrowed his choice for a Supreme Court nominee "down to probably three or four candidates". The White House avoided outright criticism of Trump's effort, but it did express skepticism about the strategy of keeping jobs on American soil, one company at a time.

Dept. Of Labor Overtime Rule On Hold

A federal district court's decision to grant an injunction on the Department of Labor's new overtime rules, which were set to go into effect on December 1, is "a victory for small-business owners", said Juanita Duggan, president and CEO of the National Federation of Independent Business.

Twin Cities lags behind home price recovery

The new high comes amid a four-year recovery from the nadir of the market in 2012, when prices had fallen 27 percent from their record high, the Wall Street Journal reported. Interestingly, when seasonal adjustments are factored in, the National Index's increase jumps to 0.8 percent, while the 10- and 20-City Composites jump to 0.2 and 0.4 percent, respectively.

How they scored at the 104th Grey Cup

Calgary was looking to finish its banner season with a championship and gain consideration as the best team in league history to win a Grey Cup. But Burris came running out of the locker room and played the entire game. The Redblacks ended the season with an 8-9-1 record and were not expected to represent much of a problem for a Calgary juggernaut that had ripped through the schedule (15-2-1) behind the league's outstanding quarterback Bo Levi Mitchell.

Duke Realty Corp (NYSE:DRE): Check on Ratings and Recommendations

Instead they can just refer to Zacks rating for investment decision. The highest share price NYSE:DRE shares have reached in the prior twelve months is 28.99 with the lowest being 18.52. Realty Income Corp .'s dividend payout ratio is now 220.00%. The heightened volatility saw the trading volume jump to 15,57,209 shares. On the company's financial health, Kimco Realty Corp reported $0.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on ...

The new £5 note contains animal fat - and vegetarians are furious

Vegans plan to boycott the new plastic £5 note after it was revealed it contains animal fat . The discovery was made when Twitter user Steffi Rox asked the Bank via social media about rumours of tallow being present. The petition , started by Doug Maw, states: "The new £5 notes contain animal fat in the form of tallow". A petition was launched when it was announced that Winston Churchill would replace Elizabeth Fry on the face of the note meaning no women would feature on the ...

Holiday cooking safety tips from Sheridan Fire-Rescue

Amand said. Redding Fire Department Battalion Chief Sean Coleman said, "The fire extinguisher or baking soda or something you can use to attempt to extinguish it if you are inclined". If rain or snow hits the hot cooking oil, the oil may splatter or turn to steam that can lead to burns. Check oil temperature frequently. People make the mistake every year, so don't be that person.

Euro zone business grows at fastest rate this year in November: PMIs

Finally, the flash manufacturing PMI printed at 53.7 from 53.5 in October, ahead of expectations for a reading of 53.3. November was also the first month during which managers reported price increases - which is a good sign for the European Central Bank which remains far from its target eurozone inflation rate of 2%.