A group of state attorneys general and the companies involved laid out key details of a landmark $26 billion settlement with large drug companies on Wednesday. (July 21)
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NEW YORK (Reuters) -Oil prices tumbled about 4% on Monday as weak economic data from China and the United States, the world's top oil consumers, and higher crude output from OPEC producers stoked fears of weakness in oil demand and oversupply. Brent crude oil futures slid by $2.65, or 3.5%, to $72.76 a barrel by 11:52 a.m. EDT (1552 GMT). U.S. West Texas Intermediate (WTI) crude dropped fell $2.91, or 3.9%, to $71.04.
A U.S. manufacturer is accusing two of the world's largest ocean carriers of reneging on its container service contract for imports from Asia so that the carriers can instead charge other shippers exorbitant transportation rates on the spot market. In a complaint filed on Wednesday with the Federal Maritime Commission, Easton, Pennsylvania-based MCS Industries, a maker of household furnishings, also accuses China's COSCO Shipping Lines, Switzerland's MSC Mediterranean Shipping, and their competi
The new price for the Pfizer shot was 19.50 euros ($23.15)against 15.50 euros previously, the newspaper said, citing portions of the contracts seen. The price of a Moderna vaccine was $25.50 a dose, the contracts show, up from about 19 euros in the first procurement deal but lower than the previously agreed $28.50 because the order had grown, the report said, citing one official close to the matter. Pfizer declined to comment on the contract with the European Commission, citing confidentiality.
- The Guardian
ExxonMobil and Suncor face lawsuits in the western state but big oil’s apologists say the US consumer is to blame for emissions Burned buses at the Colorado Mountain Ranch in the historic town of Gold Hill in the Fourmile Canyon fire area in Boulder, Colorado, attest to the effects of a devastating wildfire, Photograph: Craig F Walker/Denver Post/Getty Images More than a decade after the Fourmile Canyon blaze drove even the firefighters out of Gold Hill, blackened hillsides and scorched trees at
These five moves could mean hundreds of thousands of dollars in extra income over the course of your retirement.
- ProFootball Talk on NBC Sports
Titans receiver Julio Jones denies accusations of fraud and money laundering, which a lawsuit filed by California-based company alleges. “For me, my legal team is going to handle that,” Jones said Saturday, via Paul Kuharsky of paulkuharsky.com. “That’s not the case, but that’s just for them [the legal team] to handle that.” Genetixs filed suit [more]
In your 20s, as you start your career and make real money for the first time, your spending changes. After living with Mom and Dad or in a college dorm, you can afford a place of your own and might...
Although most people are likely looking forward to the day when they can retire and take it easy, plenty of others are looking hard for ways to take it easy even before they retire. With the right...
(Bloomberg) -- A shortage of truckers across the U.S. has become so severe that companies are trying to bring in drivers from abroad like seemingly never before.For the first time in her 10-year trucking career, Holly McCormick has found herself coordinating with an agency in South Africa to source foreign drivers. A recruiter for Groendyke Transport Inc., McCormick has doubled her budget since the pandemic and is still having trouble finding candidates.The U.S. has been grappling with a chronic
- Motley Fool
You'll probably need more money than your Social Security benefits to maintain a comfortable lifestyle in retirement. Many people wait until their 30s or 40s (or beyond) to start saving for retirement. When it comes to growing wealth for retirement, time is your greatest weapon.
- The Telegraph
A record supply crunch in German factories threatens to derail the industrial powerhouse’s recovery as its car giants are hit hardest by shortages and soaring prices. Almost two-thirds of industrial firms in Europe’s biggest economy faced supply bottlenecks and delivery issues in the second quarter - shortages that could scupper Germany’s rebound, the Munich-based Ifo institute warned. The share of industrial companies struggling with supply chain issues surged from 45pc to 64pc - well above the
China's securities regulator said on Sunday it will seek closer cooperation with its U.S. counterpart and will support overseas listings, after U.S. regulators tightened disclosure for Chinese companies and voiced concern about Beijing's regulatory actions. The China Securities Regulatory Commission (CSRC) said in a statement that it had taken note of the U.S. Securities and Exchange Commission's (SEC) new requirements for disclosure regarding Chinese companies' listings and that the two sides should "uphold the spirit of mutual respect" and "strengthen communications on regulating China-related stocks."
- Argus Research
Enterprise Products Partners L.P. is a North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. The partnership's assets include over 50,000 miles of natural gas, NGL, refined products, and petrochemical pipelines; 260 million barrels of storage capacity for NGLs, refined products and crude oil; and 14 billion cubic feet of natural gas storage capacity. The company completed its IPO in July 1998.
- Miami Herald
I know a lot of condominium association board members, and it’s always struck me that they have one of the worst jobs in South Florida.
The contract is for 30,000 Antminer S19J Pro machines, the company said in a statement.
The explanation is elusive. What is clear is that, if the situation persists, the central bank won’t change its stimulus campaign.
- The Wrap
As Hollywood grapples with the bombshell lawsuit filed by Scarlett Johansson against Disney last Thursday, entertainment executives, agents and producers are split on what kind of fallout Disney will face and whether CEO Bob Chapek is to blame for the “carnage” to the company’s standing in Hollywood’s talent community. Multiple insiders who spoke to TheWrap said they were surprised that the contract dispute was allowed to burst into public view at all. And while the industry may be facing a wate
- Associated Press
China’s manufacturing growth in July slowed to its lowest level in 15 months as export demand weakened and factories coped with disruptions in supplies of raw materials and components, two surveys found. A separate PMI issued by an industry group and the Chinese statistics agency fell to 50.4 from 50.9. China rebounded relatively quickly from the coronavirus pandemic, but manufacturers have struggled as they wait for supply chains to return to pre-pandemic activity and foreign markets are hindered by renewed disease outbreaks.
If you haven’t properly prepared for leaving the working world and living without a paycheck, you’ll have to face the ugly truths about retirement.
- Argus Research
Founded in 1920, Helmerich & Payne, Inc. designs, manufactures and operates high-performance drilling rigs. H&P also develops and implements advanced automation, directional drilling, and survey management technologies. At March 31, 2021, H&P's fleet included 242 land rigs in the U.S., 32 international land rigs, and seven offshore platform rigs.