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Facebook still auto-generating Islamic State, al-Qaida pages

2 hours ago DieselGasoil Comments Off on Facebook still auto-generating Islamic State, al-Qaida pages
Pages from a confidential whistleblower’s report obtained by The Associated Press, along with two printed Facebook pages that were active on Tuesday, Sept. 17, 2019, are photographed in Washington. Facebook likes to say that its automated systems remove the vast majority of prohibited content glorifying the Islamic State group and al-Qaida before it’s reported. But Read More

Tech investors: No broad lessons seen in WeWork valuation drama

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NEW YORK (Reuters) – Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork. FILE PHOTO: The WeWork logo is displayed on the entrance of a co-working space in New York City, New York U.S., January 8, 2019. REUTERS/Brendan McDermid/File Photo Scott Kupor, Read More

Upbeat data suggest U.S. economy still on moderate growth path

6 hours ago DieselGasoil Comments Off on Upbeat data suggest U.S. economy still on moderate growth path
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Read More

Airbnb plans public listing in 2020

8 hours ago DieselGasoil Comments Off on Airbnb plans public listing in 2020
FILE PHOTO: The logos of Airbnb are displayed at an Airbnb event in Tokyo, Japan, June 14, 2018. REUTERS/Issei Kato/File Photo (Reuters) – Home rentals giant Airbnb said it plans to list on stock exchanges in 2020, making it one of the most high-profile market debuts next year. (bit.ly/2mqasWw) In a short statement posted on Read More

U.S. labor market remains strong, manufacturing still weak

9 hours ago DieselGasoil Comments Off on U.S. labor market remains strong, manufacturing still weak
WASHINGTON (Reuters) – The number of Americans filing applications for unemployment increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace. FILE PHOTO: Job seekers line up at TechFair in Los Angeles, California, U.S. March 8, 2018. REUTERS/Monica Almeida/File Photo Other Read More

Petrofac sells remaining 51% of Mexican operations

10 hours ago DieselGasoil Comments Off on Petrofac sells remaining 51% of Mexican operations
9/19/2019 LONDON – Petrofac has signed an agreement to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco International. The terms of the transaction are substantially the same as the sale of a 49% non-controlling interest to Perenco in October 2018. The transaction is subject to regulatory Read More

Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil

11 hours ago DieselGasoil Comments Off on Talos Energy strikes Gulf of Mexico deals with BP, ExxonMobil
9/19/2019 HOUSTON – Talos Energy has entered into two separate agreements with BP and Exxon Mobil related to new exploration opportunities in the U.S. Gulf of Mexico. The Company will work with BP to drill and evaluate the Puma West prospect, located in Talos-owned Green Canyon Block 821, in the fourth quarter of 2019. Additionally, Read More

Airbnb says second-quarter revenue topped $1 billion

22 hours ago DieselGasoil Comments Off on Airbnb says second-quarter revenue topped $1 billion
FILE PHOTO: A woman talks on the phone at the Airbnb office headquarters in the SOMA district of San Francisco, California, U.S., August 2, 2016. REUTERS/Gabrielle Lurie SAN FRANCISCO (Reuters) – Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in Read More

Stocks reverse losses, Treasury yields dip following remarks by Fed’s Powell

1 day ago DieselGasoil Comments Off on Stocks reverse losses, Treasury yields dip following remarks by Fed’s Powell
NEW YORK (Reuters) – The S&P 500 and the Dow reversed losses to close higher on Wednesday and U.S. Treasury yields slipped after remarks by Federal Reserve Chair Jerome Powell tempered the market’s initial reaction to the U.S. central bank’s policy statement. Traders work on the floor at the New York Stock Exchange (NYSE) in Read More

The U.S. shale response to Saudi attacks? Not much, says IHS Markit

1 day ago DieselGasoil Comments Off on The U.S. shale response to Saudi attacks? Not much, says IHS Markit
9/18/2019 WASHINGTON – The initial 15% oil price jump resulting from the attacks in Saudi Arabia will not have any impact on the trajectory of 2019 U.S. shale production, IHS Markit says. “Looking ahead, any effect on 2020 growth will also be muted unless prices are sustained above the mid-$70s level,” said Raoul Leblanc, executive Read More