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Central U.S. braces for severe weather, including tornadoes

3 days ago DieselGasoil Comments Off on Central U.S. braces for severe weather, including tornadoes
CHICAGO (Reuters) – More than 50 million people in the central United States are in the path of strong thunderstorms, damaging wind gusts, large hail and maybe tornadoes over the next few days, forecasters said on Thursday. The severe weather is threatening a wide swath of the country reaching from the Rocky Mountains through the Read More

Trump administration opens up Minnesota wilderness area to copper mining

5 days ago DieselGasoil Comments Off on Trump administration opens up Minnesota wilderness area to copper mining
WASHINGTON (Reuters) – The U.S. Interior Department on Wednesday renewed two mineral leases near the Boundary Waters Wilderness area in Minnesota, opening the popular wilderness and recreation area up to copper mining despite heavy opposition from local and national conservation groups. The department’s Bureau of Land Management granted the hardrock mineral leases inside the Superior Read More

CEO of Buffett’s Dairy Queen tries to find new tastes, keep franchisees happy

2 weeks ago DieselGasoil Comments Off on CEO of Buffett’s Dairy Queen tries to find new tastes, keep franchisees happy
OMAHA, Neb. (Reuters) – The chief executive of International Dairy Queen Inc is counting on the 79-year-old brand, owned by Warren Buffett’s Berkshire Hathaway Inc, to adapt to changing consumer tastes rather than latch onto the latest fad, while ensuring that rising labor and food costs don’t squelch its franchisees. FILE PHOTO: Berkshire Hathaway chairman Read More

Pipeline bottlenecks cost Canadian producers $20 billion

2 weeks ago DieselGasoil Comments Off on Pipeline bottlenecks cost Canadian producers $20 billion
Alberta’s oil industry has faced persistent pipeline problems, costing Canadian producers a whopping $20 billion in lost earnings. Canada has plenty of oil, and demand is high, but the Canadian oil industry has nevertheless taken a major hit this year thanks to its persisting pipeline bottleneck. The Albertan oil industry has long been plagued by Read More

Mississippi River reaches record level in northern Illinois

2 weeks ago DieselGasoil Comments Off on Mississippi River reaches record level in northern Illinois
(Reuters) – The Mississippi River has reached record high levels in the area of Rock Island, Illinois, as melting heavy snowpack coupled with rain has caused widespread flooding, a national hydrologist said on Friday. Heavy rain in the central United States brought the river’s level to a new peak of 22.7 feet at Rock Island, Read More

Equities dip on China data, Alphabet results; euro strengthens

3 weeks ago DieselGasoil Comments Off on Equities dip on China data, Alphabet results; euro strengthens
NEW YORK (Reuters) – Global equity markets edged lower on Tuesday, weighed by weak Chinese business surveys and a tumble in shares of Google parent Alphabet, while the euro strengthened on the heels of data that showed euro zone growth topped expectations. A trader works on the floor at the New York Stock Exchange (NYSE) Read More

Wall Street’s record run hits snag after Alphabet tumbles

3 weeks ago DieselGasoil Comments Off on Wall Street’s record run hits snag after Alphabet tumbles
(Reuters) – The S&P 500 and the Nasdaq on Tuesday retreated from all-time highs hit in the previous session, after shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. Read More

Winter tries a comeback in U.S. Midwest with up to a foot of snow

3 weeks ago DieselGasoil Comments Off on Winter tries a comeback in U.S. Midwest with up to a foot of snow
(Reuters) – The phenomenon known as thundersnow announced the arrival of a storm expected to dump more than a half-foot of snow on the U.S. Midwest on Saturday, more than a month into spring. Midwesterners retrieved their winter wear from storage to trudge through a possible 6 to 10 inches (15 to 25 cm) of Read More

ADM considers ethanol spinoff as first-quarter profit falls on severe weather

3 weeks ago DieselGasoil Comments Off on ADM considers ethanol spinoff as first-quarter profit falls on severe weather
CHICAGO/BENGALURU (Reuters) – Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant’s profit, which tumbled 41% in the first quarter. FILE PHOTO: The Archer Daniels Midland Co (ADM) logo is displayed on a screen on the floor Read More

Hundreds sign online petition supporting woman suing JD.com CEO in rape case

1 month ago DieselGasoil Comments Off on Hundreds sign online petition supporting woman suing JD.com CEO in rape case
SHANGHAI (Reuters) – Hundreds of people have added their names to an online petition in support of a University of Minnesota student who said she was raped last August by Richard Liu, the chief executive officer of China’s e-commerce retailer JD.com Inc. FILE PHOTO: JD.com founder Richard Liu attends a Reuters interview in Hong Kong, Read More