Exxon Mobil Corp (XOM.N) plans to invest billions of dollars in the United States due in part to recently approved corporate tax rate cuts, the company’s chief executive said on Monday. Darren Woods, head of the world’s largest publicly traded oil producer, said in a blog post on the company’s website that Exxon expects to […]
Category: Newsroom
U.S. authorities charge three banks, eight individuals in futures ‘spoofing’ probe
The U.S. Justice Department and the country’s derivatives regulator said on Monday they had filed civil and criminal charges against three European banks, which paid $46.6 million to settle the cases, and eight individuals for alleged manipulation in U.S. futures and commodities market. UBS, Deutsche Bank and HSBC and former traders at the banks, as […]
U.S. military reviewing its rules after fitness trackers exposed sensitive data
BEIRUT — The U.S. military said Monday that it is reviewing its guidelines for the use of wireless devices at military facilities after revelations that popular fitness apps can be used to expose the locations and identities of individuals working in sensitive areas. The review came after reports by The Washington Post and other outlets […]
Amazon posts largest profit in its history on sales, tax boost
Amazon.com Inc on Thursday reported a profit near $2 billion, the largest in its history, as the online retailer drew millions of new customers to its Prime fast-shipping club for the holiday season and as changes to U.S. tax law added to its bottom line. Shares rose more than 6 percent in extended trading, after […]
Cape Town cuts limit on water use by nearly half as ‘Day Zero’ looms
Cape Town — a city once at the forefront of Africa’s green movement — implemented new emergency water restrictions Thursday as the sprawling metropolis prepares for the day its taps run dry. Residents are now being asked to curb the amount of municipal water they use each day to just 50 liters (a little over […]
‘Deep Scars’ as Trucker Drives Across Peru’s 2,000-Year-Old Nazca Lines
A 2,000-year-old United Nations World Heritage Site in Peru was damaged this week when a trucker intentionally drove his tractor-trailer off a roadway that runs through the protected historic area, the authorities said. The site, the famed Nazca Lines, is a sprawling series of images scratched into the surface of a coastal plain about 225 […]
AT&T profit beats, CEO upbeat on Time Warner deal
AT&T Inc (T.N) reported quarterly profit that beat analysts’ estimates on Wednesday, helped by tax cuts and new wireless subscribers, and its chief executive voiced confidence the company will complete its $85.4 billion acquisition of Time Warner Inc (TWX.N). The U.S. Department of Justice sued to block the deal last year on grounds that it […]
Fed got whiff of inflation in Yellen’s final days but so far market not changing rate hike view
Fed Chair Janet Yellen ends her tenure with the Fed seemingly less worried about the lack of inflation and ready to raise interest rates three or more times this year. The Fed’s statement, released after Yellen’s final meeting Wednesday, removed some of its prior pessimism about inflation. It dropped language about inflation having declined, and […]
SpaceX Launches Satellite Into Orbit on a Used Falcon 9 Rocket
Yet another pre-flown SpaceX rocket took to the skies, successfully delivering a communications satellite to orbit. The two-stage Falcon 9 booster lifted off at 4:25 p.m. EST (2125 GMT) from Cape Canaveral Air Force Station, hauling the GovSat-1 spacecraft aloft. The launch was originally scheduled for Tuesday (Jan. 30), but SpaceX pushed it back a […]
Missed the Blood Moon Lunar Eclipse? Here’s When the Next One Is Happening
Skywatchers around the world were treated to a rare Super Blue Blood Moon today (Jan. 31). While this was the first time in over 150 years that this particular type of eclipse has happened in the U.S., Americans can look forward to another “blood moon” eclipse coming on Jan. 21, 2019. This next immediate total […]
Consuming Turmeric Daily May Boost Memory and Uplift Mood: 5 Reasons To Have Turmeric Milk Everyday
Turmeric or haldi holds immense importance in Indian households. From our food to beauty rituals, turmeric is one of Ayurveda’s most prized spice too. A storehouse of health benefits, consuming turmeric daily may also boost your memory and uplift your mood, says a new study. Curcumin, the principal curcuminoid of turmeric, has been previously been […]
Something amazing will happen with the moon on Jan. 31
During the early hours of Jan. 31, there will be a full moon, a total lunar eclipse, a blue moon and a supermoon. None of these things is all that unusual. What is rare is that they’re happening all together on one day. What makes the moon look full? Like Earth, half the moon is […]