China will keep to the path of reform and opening up its markets that has lifted its growth, Premier Li Keqiang said on Saturday, a day after the United States and China slapped tariffs on $34 billion worth of the other’s imports.
For drilling stocks like Transocean Ltd (NYSE:RIG), the past few years have shown just how risky the sector can be. RIG stock has dropped 72% in the past five years — and 91% in the last ten. Peers Noble Corporation PLC (NYSE:NE), Ensco PLC (NYSE:ESV), and Diamond Offshore Drilling Inc (NYSE:DO) are also having a tough time. …read more […]
The soccer coach trapped in a cave with 12 Thai boys apologized to their parents in the first letter he and the team have sent out through divers, in which the boys say they’re doing well and missing their families. Rescuers said they won’t immediately attempt an underwater evacuation because the boys have not yet learned adequate diving skills. The same day saw a disheartening setback with the death of a former Thai navy SEAL diving in flooded passageways to deliver oxygen supplies. …read more […]
Thai rescuers said they will not immediately attempt an underwater evacuation of 12 schoolboys and their soccer coach who have been trapped in a cave for almost two weeks because they have not learned adequate diving skills in the short time since they were found. Thai officials had been suggesting in public statements that a quick underwater evacuation of the boys and their coach was needed because of the possibility that access to the cave could soon close again due to seasonal monsoon rains expected this weekend. …read more […]
On paper, Richard Strauss was a well-regarded Ohio State University physician who examined young athletes for decades as a team doctor and sports-medicine researcher. In interviews with The Associated Press in recent weeks, seven former athletes and a former nursing student shared detailed allegations of sexual misconduct dating back to the 1970s against the doctor, who killed himself in 2005 at age 67 and is only now under investigation. The eight men, including three who didn’t want their names made public, say they want to see anyone who ignored concerns about Strauss held accountable and hope to make …read more […]
This panel of investors has identified three top stocks for investors seeking big yield. …read more […]
Sales are down 25% so far this year. Here’s the problem. …read more […]
Facebook CEO Mark Zuckerberg is now the third richest person in the world with a net worth of $81.6 billion, surpassing famed investor Warren Buffett. Zuckerberg’s net worth passed Buffett’s on Friday after Facebook shares went up 2.4%. Zuckerberg is still behind Amazon CEO Jeff Bezos and Microsoft cofounder Bill Gates. …read more […]
Jim Cramer reveals which company is kicking off earnings season. …read more […]
Twitter and other social media platforms such as Facebook Inc (FB.O) have been under scrutiny by U.S. lawmakers and international regulators for doing too little to prevent the spread of false content. Twitter suspended more than 70 million accounts in May and June, and the pace has continued in July, the Post reported on Friday, citing data it obtained. “It’s hard to believe that 70 million accounts were affected when Twitter has only 336 million monthly active users (MAU),” Wedbush analyst Michael Pachter said. …read more […]
Scott Pruitt Is Devastated That White House Forced Him to Resign EPA Post, Sources Say …read more […]
Jim Cramer details his game plan for the week ahead as opposing economic forces come head to head. …read more […]
Federal Reserve Chair Jerome Powell spends more time with U.S. lawmakers, White House advisers, and bankers than did his predecessor Janet Yellen, who tended to favor meetings with professors, the Treasury secretary and community advocates.
The move represents a big bet by BP on U.S. oil and gas production at a time when energy prices are rebounding. It would allow it to significantly rebalance its business with oil production, after focusing largely on natural gas assets. BHP said in August it aimed to sell onshore shale assets in the Eagle Ford, Permian, Haynesville and Fayetteville basins, which it acquired at the height of the oil boom. …read more […]
China responding to $34 billion in U.S. tariffs with new tariffs of their own. Forbes Media Chairman Steve Forbes says the U.S. should rely on international organizations to leverage China on trade. …read more […]
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