Oil prices were firm on Wednesday, receiving ongoing support from healthy economic growth as well as from supply restrictions led by a group of producers around the Organization of the Petroleum Exporting Countries (OPEC) and Russia. Spot Brent crude oil futures , the international benchmark for oil
Electric vehicle maker and solar installer Tesla Inc. said on Tuesday that it does not expect President Donald Trump's solar tariff to have much impact on its high-tech solar manufacturing ambitions, thanks to a clause exempting a vast amount of solar panel components from the levies. Trump'
The offer would assume all liabilities related to the business operations, inject new cash and pay down liabilities on the balance sheet, according to the source, who added that the new company would be led by a majority-female board of directors and team of investors. The Weinstein Company has been
Adamas Pharmaceuticals, Inc. (Nasdaq:ADMS) today announced the pricing of its underwritten public offering of 3,000,000 shares of its common stock at a price to the public of $41.50 per share. The aggregate gross proceeds from this offering are expected to be $124,500,000, before deducting the underwriting
The Weinstein Company has been looking for a buyer or rescue financing since late last year after accusations of sexual harassment against its former co-chairman, Harvey Weinstein. In November, Contreras-Sweet assembled a consortium of investors who offered $275 million for company. Earlier in January
Japanese Prime Minister Shinzo Abe said on Wednesday he wanted to meet with South Korean President Moon Jae-in to convey Japan's stance on the two countries' 2015 agreement on "comfort women", confirming his plans to attend the Pyeongchang Olympics next month. "I want to hold
Lava fountaining regularly from the Philippines' most active volcano has flowed up to 3 kilometers (1.86 miles) from the crater in a dazzling but increasingly dangerous eruption. Mount Mayon was spewing lava up to 600 meters (2,000 feet) high and its ash plumes stretched up to 5 kilometers (3 miles
Digital currency hedge-fund manager Brian Kelly says now is the best time to invest in bitcoin and offers three tips for investing.
MELBOURNE, Australia (AP) — Angelique Kerber is through to the Australian Open semifinals after a commanding 6-1, 6-2 win over Madison Keys.
The dizzying stench of burning plastic still drifts through the alleys, workshops and warehouses of Guiyu, the southern Chinese town that has long symbolized China's role as the main recycler of the world's waste. The acrid black smoke that once billowed from the backstreets has gone, and the
SAN FRANCISCO, Jan. 23, 2018 (GLOBE NEWSWIRE) -- Today, Black Hat, the world's leading provider of information security events, announces Briefings highlights for its upcoming Black Hat Asia program. The event, returning to Singapore this year, will offer its community a robust schedule complete
Asian shares scaled record peaks on Wednesday as strong corporate earnings and optimism on global growth outweighed concerns over trade tensions, while a fresh burst of speculative selling took the U.S. dollar to three-year lows. A 10 percent surge in Netflix led gains across the tech sector as it
The Flash Markit/Nikkei Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 54.4 in January from a final 54.0 in December. The output component of the PMI index rose to a preliminary 54.7 from 54.5 in the previous month to also reach a peak not seen since February 2014.
Royal Dutch Shell Plc shut the small crude distillation unit at its 325,700-barrel-per-day joint-venture Deer Park, Texas, refinery on Tuesday for repairs, sources familiar with plant operations said. ...
Royal Dutch Shell Plc began a planned overhaul of the hydrocracking unit at its 225,800-bpd Norco, Louisiana, refinery on Tuesday, said sources familiar with plant operations. Shell spokesman Ray Fisher ...
TI's revenue rose nearly 10 percent in the fourth quarter, but growth is expected to slow down to about 7 percent in the quarter ending March, based on the mid-point of the company's forecast. "That's a market that traditionally is choppy," he said.
Jan.23 -- BNP Paribas Asset Management Senior Investment Strategist Daniel Morris discusses trade and the depreciation of the U.S. dollar on "Bloomberg Daybreak: Asia."
BOWIE, Md., Jan. 23, 2018 (GLOBE NEWSWIRE) -- Old Line Bancshares, Inc. (“Old Line Bancshares” or the “Company”) (NASDAQ:OLBK), the parent company of Old Line Bank, reports net income available to common stockholders was $5.9 million, an increase of $1.5 million, or 35.26%, for the three months ended
Jan.23 -- Federal Reserve Governor Jerome Powell was confirmed with broad bipartisan support in the Senate to take the helm of the U.S. central bank when Chair Janet Yellen’s term ends Feb. 3. Bloomberg's Kathleen Hays also reports on the Japanese economy on "Bloomberg Daybreak: Asia."
The U.S. Senate on Tuesday confirmed Federal Reserve Governor Jerome Powell as the next head of the central bank, succeeding Janet Yellen, a move likely to provide continuity in U.S. monetary policy with the economy growing now for nine years straight. The Republican-controlled Senate voted 84-13 to
The average premium paid over 2017 was 481 pounds, 40 pounds higher than a year earlier, the ABI said in a statement. The price paid for private comprehensive motor insurance was 493 pounds in the last quarter of 2017, up 6 percent from the same period in 2016, the ABI added, citing its motor premium