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900yo German monastery forced to close due to monk shortage

6 days ago DieselGasoil Comments Off on 900yo German monastery forced to close due to monk shortage
Published time: 15 Oct, 2017 15:23 A shortage of monks has forced a 12th century German monastery to close its doors after almost 900 years. Himmerod Abbey, a Cistercian monastery in western Germany, was founded in 1134 by French Abbot Bernhard of Clairvaux. After coming back from the brink of bankruptcy six years ago, the Read More

Luminant to close two Texas power plants

1 week ago DieselGasoil Comments Off on Luminant to close two Texas power plants
Oct 13 (Reuters) – Vistra Energy Corp * Luminant to close two Texas power plants * ‍Luminant – Estimates that about 200 employees will be impacted by Big Brown closure​ * Luminant- Co and Alcoa entered into contract termination agreement pursuant to which parties agreed to an early settlement of a long-standing power and mining Read More

Bids close on Lebanon offshore energy blocks

1 week ago DieselGasoil Comments Off on Bids close on Lebanon offshore energy blocks
BEIRUT, Oct 12 (Reuters) – Lebanon’s energy minister Cesar Abi Khalil on Thursday said a tender had closed on a first round of offshore energy blocks, without saying how many companies had bid. It will take years for revenue from any of the blocks to start flowing to the country, he said in a televised Read More

How to close the race-based chasm in U.S. retirement wealth

1 week ago DieselGasoil Comments Off on How to close the race-based chasm in U.S. retirement wealth
CHICAGO (Reuters) – The gap in U.S. retirement wealth between white and minority families has widened to the point where it really is not a gap anymore. It is a canyon. In 2016, white families had six times more money saved for retirement on average than black or Latino families, according to new data from Read More

Wall Street ticks higher to record close; eyes on earnings, Fed

1 week ago DieselGasoil Comments Off on Wall Street ticks higher to record close; eyes on earnings, Fed
NEW YORK (Reuters) – Major stock indexes edged up to post record closing highs on Wednesday with sector moves in the S&P 500 showing preference toward so-called defensive stocks. While Wall Street reaction was muted to minutes of the most recent Federal Reserve policy meeting, a report that a market-friendly candidate was being pushed as Read More

100ft asteroid to career past Earth in ‘close’ flyby – NASA

1 week ago DieselGasoil Comments Off on 100ft asteroid to career past Earth in ‘close’ flyby – NASA
Published time: 11 Oct, 2017 17:07 An asteroid measuring about 45 to 100ft (15 to 30 meters) in length is set to skirt by Earth on Thursday. Asteroid ‘2012 TC4’ will come one-10th of the distance between us and the Moon, sailing just above the orbital altitude of communications satellites, some 26,000 miles (42,000 km) Read More

Trian's Peltz to face close Procter & Gamble shareholder vote

2 weeks ago DieselGasoil Comments Off on Trian's Peltz to face close Procter & Gamble shareholder vote
(Reuters) – Procter & Gamble Co on Tuesday will become the biggest ever company to face a shareholder vote over a proxy contest, seeking to prevent activist hedge fund Trian Fund Management LP CEO Nelson Peltz from securing a seat on its board of directors. After the two sides collectively spent more than an estimated Read More

US STOCKS-S&P 500 sets 6th record high close on tax overhaul optimism

2 weeks ago DieselGasoil Comments Off on US STOCKS-S&P 500 sets 6th record high close on tax overhaul optimism
NEW YORK (Reuters) – The S&P 500 posted its sixth straight record high close on Thursday, its longest run since 1997, as investors cheered increased prospects for a tax overhaul with Congress moving closer to agreement on a budget resolution. In a procedural step forward, the Republican-controlled U.S. House of Representatives approved a fiscal 2018 Read More

S&P 500 sets sixth record high close on tax overhaul optimism

2 weeks ago DieselGasoil Comments Off on S&P 500 sets sixth record high close on tax overhaul optimism
NEW YORK (Reuters) – The S&P 500 posted its sixth straight record high close on Thursday, its longest run since 1997, as investors cheered increased prospects for a tax overhaul with Congress moving closer to agreement on a budget resolution. In a procedural step forward, the Republican-controlled U.S. House of Representatives approved a fiscal 2018 Read More

Sears Canada asks court for more time to close deal with chairman

3 weeks ago DieselGasoil Comments Off on Sears Canada asks court for more time to close deal with chairman
(Reuters) – Sears Canada Inc (SRSCQ.PK) said late on Friday that it has asked a court to extend creditor protection that expires on Wednesday by another month so it can finish negotiating a deal that would keep the iconic brand running in Canada. The company, which in 2012 was spun off from U.S. retailer Sears Read More