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Take Five: Fed in a hole

10 hours ago DieselGasoil Comments Off on Take Five: Fed in a hole
(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis 1/FED IN A HOLE On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength of support for July’s Read More

Sharks, elephants and precious wood in balance at wildlife talks

17 hours ago DieselGasoil Comments Off on Sharks, elephants and precious wood in balance at wildlife talks
GENEVA (Reuters) – The fate of mako sharks, African elephants and their ivory, and precious wood used to make musical instruments are on the agenda of member states attending negotiations of the U.N. wildlife watchdog opening on Saturday, officials said. The Convention on International Trade in Endangered Species (CITES) regulates the buying and selling of Read More

Facebook failed to warn users of known risks before 2018 breach: court filing

1 day ago DieselGasoil Comments Off on Facebook failed to warn users of known risks before 2018 breach: court filing
(Reuters) – Facebook (FB.O) users suing the world’s largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on tool, even though it protected its employees, a court filing on Thursday showed. FILE PHOTO: A Facebook logo on an Ipad is reflected among source Read More

Wall Street higher on strong retail sales data

2 days ago DieselGasoil Comments Off on Wall Street higher on strong retail sales data
(Reuters) – U.S. stocks tried to bounce back on Thursday from a steep selloff a day earlier, as strong retails sales data and upbeat Walmart earnings eased concerns of a recession, but mixed signals on trade and Cisco’s dismal forecast capped gains. Recession fears have gripped the market after the U.S. Treasury yield curve inverted Read More

Climbers must be trained to tackle Everest, panel says after deaths

2 days ago DieselGasoil Comments Off on Climbers must be trained to tackle Everest, panel says after deaths
KATHMANDU (Reuters) – Nepal must make training and experience in high altitude climbing mandatory for all climbers on Mount Everest and other high peaks, a government panel said on Wednesday, following the deadliest climbing season in four years. Eleven climbers were killed or went missing on the 8,850 meter (29,035 feet) mountain in May – Read More

Wall Street rises after strong retail sales data, Walmart earnings

2 days ago DieselGasoil Comments Off on Wall Street rises after strong retail sales data, Walmart earnings
(Reuters) – U.S. stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about the economy slipping into recession, but a slump in shares of network gear maker Cisco limited gains. FILE PHOTO: A screen shows the numbers after the closing bell at the New Read More

UPS buys stake in TuSimple, testing self-driving trucks in Arizona

2 days ago DieselGasoil Comments Off on UPS buys stake in TuSimple, testing self-driving trucks in Arizona
DETROIT (Reuters) – UPS said on Thursday it has bought a minority stake in self-driving company TuSimple, and the world’s largest package delivery company has been testing the startup’s autonomous trucks since May on a busy freight route in Arizona. FILE PHOTO: The logo of United Parcel Service is seen at the new package sorting Read More

Futures rise in choppy trading, Walmart up on upbeat earnings

2 days ago DieselGasoil Comments Off on Futures rise in choppy trading, Walmart up on upbeat earnings
(Reuters) – U.S. stock index futures turned positive in volatile trading on Thursday, as investors digested conflicting reports on U.S.-China trade dispute, while a jump in retail giant Walmart’s shares helped dispel early gloom. FILE PHOTO: A screen shows the numbers after the closing bell at the New York Stock Exchange (NYSE) in New York, Read More

Oil retreats as recession fears stoke demand concerns

3 days ago DieselGasoil Comments Off on Oil retreats as recession fears stoke demand concerns
New York — Oil and product futures settled lower Wednesday amid renewed demand growth concerns following weaker economic indicators in Europe and Asia. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX September WTI settled at $55.23/b, down $1.87, and ICE October Brent was at $59.48/b at market close, Read More

Captive breeding employed to rescue Chile’s national animal, a shy deer

3 days ago DieselGasoil Comments Off on Captive breeding employed to rescue Chile’s national animal, a shy deer
SANTIAGO (Reuters) – Scientists seeking to increase the dwindling population of Chile’s national animal, the shy Huemul deer, have released their first captive-bred pair into the wild in a pivotal step in the drive to save the endangered species from extinction. The Huemul, which appears on the Chilean national coat of arms along with the Read More