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Finance

Zacks Investment Research upgraded Energy Transfer Equity from a "strong sell" rating to a "hold" rating in a research note on Wednesday, February 3rd. Final investment decisions from Royal Dutch Shell PLC and Lake Charles LNG Export Company, LLC, a subsidiary of Energy Transfer Partners, L.P. ("ETP") and ETE , are expected to be made in 2016, with construction to start immediately following an affirmative investment decision and first LNG export anticipated about four years later.
  • Porter Ranch, Los Angeles, gas leak

    Finance

    Neighbors who've been displaced for months can now start moving back home. Almost 6,500 families have temporarily relocated to short-term housing such as hotels and rental houses. The criminal charges including three counts of failure to report leak of hazardous materials between Oct. 23 and Oct. 26, and one count of discharge of air contaminants since Oct.
  • Oil Prices Higher on Possible Production Cap Deal

    Oil Prices Higher on Possible Production Cap Deal

    Finance

    US crude stocks rose nearly 4 million barrels last week, a Reuters poll showed ahead of data due at 4:30 p.m. EST (2130 GMT) from the American Petroleum Institute. "Possibly, the Qatari oil minister will come with them to discuss what the OPEC member states have agreed in Doha", the source said. "First, any price gains must offset losses achieved from volume cuts - production cuts must be meaningful - sufficiently large to achieve a substantial price increase".
  • Father of missing toddler in custody

    Father of missing toddler in custody

    Finance

    Baldwinsville Police and Onondaga County Sheriff Deputies responded to a 911 call from the Thrifty Shopper on Downer Street Monday afternoon. Maddox Lawrence is a white female, approximately 1-year-old with blonde hair and brown eyes.
  • US crude oil prices fall as inventories hit record high

    Finance

    On Tuesday, crude oil prices nosedived, with WTI futures in NY falling by more than 6% and below $28 a barrel with the sell-off coming amid more signs from the International Energy Agency that OPEC oil production continues rising. It was reported yesterday that Opec producer Iran has undercut oil from Saudi Arabia as it hopes to win more customers after sanctions were recently lifted.
  • Lumber Liquidators Cancer Risk Was Higher — CDC

    Lumber Liquidators Cancer Risk Was Higher — CDC

    Finance

    According to this report, laminate floors, like the ones sold by Lumber Liquidators , can increase asthma and COPD symptoms. The revised report said the "eye, nose, and throat irritation" would occur in even the best-case scenario. The U.S. Department of Justice is reported to be seeking criminal charges against Lumber Liquidators following an investigation over imported products.
  • Oil prices rebound in Asia, US crude back above $30

    Oil prices rebound in Asia, US crude back above $30

    Finance

    U.S. West Texas Intermediate (WTI) crude futures CLc1 were trading at $29.90 per barrel at 0213 GMT, up 26 cents from their last settlement. Crisis-hit  Venezuela , which mainly relies on oil revenue and is facing recession, is sending new proposals to leaders of OPEC and non-OPEC countries to stabilize the oil market, President Nicolas Maduro has said.
  • Oil Prices may rise as Top oil producers agree to freeze output

    Oil Prices may rise as Top oil producers agree to freeze output

    Finance

    The price of oil has rallied recently after oil ministers from Saudi Arabia and Russian Federation agreed to keep production at January's levels on Tuesday. Prior to 2012, Iran exported close to 2.5 million barrels of oil per day. Oil prices were up at the opening of trading on Wednesday morning on the false hope that OPEC would succeed in getting Iran to agree to a cap on oil production .
  • CJ the German shorthaired pointer wins Westminster dog show

    CJ the German shorthaired pointer wins Westminster dog show

    Finance

    The Westminster Kennel Club Dog Show is a two-day, all-breed benched show that takes place at both Pier 92 & 94 and at Madison Square Garden. It came down to only seven dogs in the finals Tuesday night and C.J. By Wednesday morning, CJ and Nunes-Atkinson had appeared on "Good Morning America" and met with hosts of "The Chew". Wesley, a Dandie Dinmont terrier, looks up after winning his breed at the Westminster Kennel Club dog show Tuesday, Feb.
  • Hillary Clinton Defeats Bernie Sanders in Nevada Caucuses

    Finance

    Trump did, especially well among men, and led Cruz and Florida Sen. Marco Rubio have been locked in a tight fight for second place. But in a continuing sign of her vulnerability, Sanders did best with voters looking for a candidate who is caring and honest.
  • Seoul: North Korea conducted artillery drill near sea border

    Seoul: North Korea conducted artillery drill near sea border

    Finance

    But it recovered to trade just 0.3 percent down at 1,231.0 per dollar as of 0301 GMT. It is the first time South Korea has challenged the validity of the North's United Nations membership since the two Koreas joined the worldwide organization together in 1991.
  • North Korea artillery shot heard from South Korea island prompts alarm

    Finance

    Only a month and a half into 2016, North Korean politics and technological development has been at the forefront of global attention and worldwide scrutiny. Kim Jong-Un has said he is planning to launch more satellites, declaring space exploration to be a "strategic goal" for North Korea. "You have leverage", Blinken said.
  • Oil price turnaround short-lived as Saudi Arabia rebuffs production cut

    Finance

    Al-Jubeir also reiterated the Saudi position that the " oil issue" will be determined by market forces and his country will protect its market share. Brent crude , the worldwide benchmark, closed 7.2 percent higher on Wednesday and added 20 cents to $34.70 a barrel on the London-based ICE Futures Europe exchange at 8:16 a.m.
  • Drone registration deadline approaching

    Drone registration deadline approaching

    Finance

    Registering is a simple process, costing only $5 through the FAA, but the financial ramifications for not registering are steep. More than 342,000 people have registered their drones since the FAA's new drone initiative started, the FAA said in a press release Tuesday.
  • Poll Shows Sanders Ahead of Clinton Nationwide for First Time

    Poll Shows Sanders Ahead of Clinton Nationwide for First Time

    Finance

    Housing Secretary and former San Antonio Mayor Julián Castro visits a Hillary Clinton campaign office in Ottumwa, Iowa, on January 24, 2016. Texas Sen. However, they also answered some tough questions. Clinton was asked at an MSNBC-Telemundo town hall in Las Vegas why she won't release transcripts to show what pledges she may have made to financial firms.
  • I-70 In Glenwood Canyon Reopening Delayed Until Weekend

    I-70 In Glenwood Canyon Reopening Delayed Until Weekend

    Finance

    The section west of the Hanging Lake Tunnels where the Monday slide occurred, as well as west of the No Name Tunnels where the Thursday incident happened, are historically the two most active locations for rock fall activity in the canyon, she said.
  • Flint, Michigan's unsafe water cost the most in US

    Finance

    The 2014 EPA report warned officials that the Flint River water contained high levels of chloride. Republican Gov. Rick Snyder , a laissez-fairyland corporate ideologue, supported the switch off Flint's water source from Lake Huron to the cheaper stuff in the contaminated Flint River , claiming that this could cut some $2 million from the city's budget.
  • Oil prices rise as Iran backs output cap; UAE expects positive impact

    Finance

    Before Wednesday's talks  Mehdi Asali , Iran's director general of OPEC affairs at the oil ministry, blamed other producers for creating a glut and signalled Tehran would not change course on production. "These countries increased their production by 4 million barrels when  Iran  was under sanctions", Asali was quoted as saying by the Shargh daily. "Crude oil (stocks) are at an historic high", Deshpande said, adding that global stocks are close to 6 billion barrels.
  • Liverpool manager backs new signing to succeed in the Premier League

    Liverpool manager backs new signing to succeed in the Premier League

    Finance

    Liverpool  are said to be closely monitoring Germany starlet Leroy Sane, according to  Football Insider . They made him a big offer to stay, they wanted to keep him. Even when he played for the team you cannot love as Dortmund manager, you see his quality. "I knew about his thoughts that he wanted to do something else because he has been as a youth at Schalke since 2000 - that's a long time - so he wanted to try something else completely different so it was our chance".
  • Oil prices jump above $30 a barrel

    Oil prices jump above $30 a barrel

    Finance

    Jan Stuart, global energy economist at Credit Suisse, said it was too early to suggest Tuesday's meeting in Doha would lead to action, but noted Naimi's attendance was significant. shale oil industry, probably to undermine arch-rival Iran, now back in the market since the lifting of nuclear sanctions and, possibly, to poke Russian Federation in the eye for its support of the government side in the Syrian civil war.
  • Deadpool sets records at the box office

    Finance

    Top five R-rated films include American Sniper , The Hangover Part II and Fifty Shades of Grey . The last time he played a superhero was in 2011's " Green Lantern " which was both a critical and commercial flop - a $200+ movie which opened with just over $53 million, and went onto to gross $116 million domestic (plus $103 million foreign).
  • Oil prices in United States crash below $27 a barrel

    Finance

    The International Energy Agency has predicted that "unless something changes, the oil market could drown in over-supply" in 2016. While countries like Saudi Arabia , Iraq and Iran can cope with the global price of oil around $30-$50 per barrel, the same cannot be said for countries whose economies largely depend on oil.
  • Oil crashes below $27 a barrel

    Oil crashes below $27 a barrel

    Finance

    Oil prices slid on Thursday as record USA crude inventories at the Cushing delivery  point  and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half of the year.
  • Oil rises after Russian Federation says open to OPEC meeting

    Oil rises after Russian Federation says open to OPEC meeting

    Finance

    Six producing countries, including OPEC members Iran and Iraq and non-members Russian Federation and Oman, support such a meeting, Venezuelan Oil Minister Eulogio del Pino was quoted as saying by Iranian news agency Shana on Wednesday. "The parties are inching towards a coordinated production cut but there is still a long way to go", Tamas Varga of broker PVM said. Russian oil production hit a post-Soviet high last month even as top Russian officials on February 2 continued to push for a ...
  • Donald Trump had a bad night, losing the SC debate

    Finance

    Rubio said the World Trade Center came down "because Bill Clinton didn't kill Usama bin Laden when he had the chance". Another is that he "kept us safe" from terrorism. The Bush campaign laid into Trump for criticizing his family. At one point he noted how people have told him he needs to "scream and jump and down - jump up and down like everybody else".
  • Donald Trump accuses Ted Cruz of stealing the Iowa caucus election

    Donald Trump accuses Ted Cruz of stealing the Iowa caucus election

    Finance

    A victorious Ted Cruz and buoyant Marco Rubio emerged from Iowa with compelling claims to the outsider and mainstream mantles in the fractured Republican primary, as the presidential race shifted overnight to New Hampshire. He added: "Many people voted for Cruz over Carson because Cruz is a fraud". Cruz's campaign responded to Trump's Twitter blast by calling him a sore loser and mocking his rants on social media.