Money

by | February 19, 2016 | 23:08

The Islamic republic has long said it must pump more oil - despite plunging prices - as it seeks to regain market share lost during a US- and European-imposed embargo that flattened its exports. Venezuela faces an uphill battle convincing its Iranian counterparts to freeze production, as the Middle Eastern country recently began exporting oil after sanctions were lifted due to a nuclear deal.

by | February 19, 2016 | 05:23

The proposed budget envisions a deficit of $503bn in the 2017 fiscal year after a $616bn budget gap in the current fiscal year, which ends on 30 September. "Are they going to use their majority in Congress to strengthen our cyber security , to fight opioid addiction, to cure cancer, or are they not?" he said.

by | February 19, 2016 | 00:28

In September 2015, high lead levels were found by reseaserchers in the blood of Flint children, and a lead advisory was issued. Flint is now under a state of emergency because of elevated lead levels that continue to be found in drinking water supplied to city residents.

by | February 19, 2016 | 00:01

Separately, Snyder is pushing $165 million in additional spending over this fiscal year and next for lead pipe replacement, bottled water, filters, health care and other services. What I would also hope is that people are going to do it in a thoughtful way. Burwell plans to tour a health center and meet with local leaders. "Work is under way to locate high-risk, high-priority areas so removal efforts can begin quickly", according to Snyder's office.

by | February 18, 2016 | 23:30

The bill - SB 136 - has to go back to the Senate, which unanimously approved the bill two weeks ago, for concurrence in the changes made by the House. Cornell Brooks, president of the NAACP, speaking to about 100 people at the Christ Fellowship Missionary Baptist Church, in Flint, said the plan being touted by Gov.

by | February 18, 2016 | 22:57

Governor Snyder is also pushing for $165 million in spending for lead pipe replacement, bottled water, filters, health care and other services. In 2015, the bill for a house using 60,000 gallons of water was $864.32 . (Lake Huron) water from Detroit is no safer than water from Flint". Almost 90 percent of Americans are served by a public water system, including residents of Flint, while private water systems are clustered in a handful of states including Pennsylvania, New Jersey, Delaware, ...

by | February 18, 2016 | 21:29

Azariah Hawthorne, 2, is held by her grandfather, Nile Hawthorne Sr., 46, as she gets her blood lead levels tested at Carriage Town Ministries in Flint, Mich., on February 4. The Flint water crisis provides a real opportunity to increase funding for water infrastructure, improve testing and monitoring, and reform regulatory oversight.

by | February 18, 2016 | 17:10

The sanctions, imposed over Iran's nuclear program, were lifted last month after an agreement with world powers, allowing Tehran to resume selling oil freely in global markets. "The rally overnight shows the nervousness of this market, but the agreement does nothing to reduce the flow of oil", said Stuart Ive, client manager at OM Financial.

by | February 17, 2016 | 16:08

Iran has already announced that it has no intention to cut back production in its efforts to regain market share after years of sanctions. Additionally Iraq has said its ready to comply "with any decision that contributes to propping up oil prices", according to a source in that country's oil ministry.

by | February 17, 2016 | 15:59

Iran, the regional rival of Saudi Arabia has pledged to increase output steeply during the coming month in order to regain its lost market share after years of sanctions, which in January were lifted following its deal with six world powers over its controversial nuclear program.

by | February 17, 2016 | 02:20

Fortunately, there have been no reports of new airbag inflator ruptures as yet, but faulty Takata airbags are known to have caused several deaths worldwide. Honda said it has received 1,575 warranty claims, 83 field reports and 2 confirmed injuries related to the defect. More than 126,000 Mercedes C-series released in 2008 and 2009 including 2010 GLK250 cars are also bound to be recalled from existing users.

by | February 16, 2016 | 19:36

The newly recalled vehicles are part of a broader announcement by the US National Highway Traffic Safety Administration ( NHTSA ) last month that 5 million more vehicles with the defective air bags would have to be recalled. Takata's inflators are equipped with an ammonium nitrate, a chemical propellant which is said to be unstable especially in high-humidity areas like the southeastern United States, and can explode with too much force, blowing apart a metal canister and sending shrapnel ...

by | February 16, 2016 | 17:26

The recall also covers several Acura models: the 2005-2012 Acura RL, 2009-2014 Acura TL, 2010-2013 Acura ZDX, 2013-2016 Acura ILX and the 2007-2016 Acura RDX, according to a Honda press release issued late February 3. Honda's latest recall is included in that count. Honda reported two injuries from the problem. The widely publicised Takata airbag recall is set to widen with Continental Automotive Systems (CAS) today revealing that one of its airbag control units may be defective.

by | February 15, 2016 | 21:22

In a brief Sunday statement, the South Korean Unification Ministry says about 70 percent of the 616 billion won ($560 million) paid to the North since the park was established in 2004 was used to develop nuclear weapons, missiles and for luxury goods.

by | February 15, 2016 | 09:24

Honda said the most up-to-date consumer information about the recalls can be obtained at www.recalls.honda.com and www.recalls.acura.com , or by calling 888-234-2138. But Honda is not alone. "The 5 million airbags would be much more manageable if it was the only airbag recall going on", said Brauer. The figure could soon approach 25 million in the USA alone, according to several industry observers.

by | February 13, 2016 | 08:05

Footage taken by passengers exposes a rattled Royal Caribbean cruise ship that ran into high winds and rough seas in the Atlantic Ocean yesterday. Sen. Shara Strand of New York City says she's been on 20 cruises but never experienced that kind of weather. "After that we had to keep the doors to the balconies sealed".

by | February 13, 2016 | 06:44

The change is also said to be to please advertisers, by giving more prominence to tweets that are paid for for to promote products. Twitter is nearly a decade old but hundreds of millions of people are still hooked to it. that keep us on the sidelines". For the fourth quarter, earnings came in 4 cents above expectations at 16 cents per share on $710 million in revenue, in line with consensus.

by | February 13, 2016 | 05:53

U.S. Transportation Department Secretary Anthony Foxx and Assistant Secretary of State for Economic and Business Affairs Charles Rivkin will participate in Tuesday's signing, the Transportation Department said in a news release. The agreement allows 20 regular daily USA flights to Havana, in addition to the current 10-15 charter flights a day. The Obama administration is eager to make rapid progress on building trade and diplomatic ties with Cuba before the president leaves office.

by | February 12, 2016 | 21:32

Tesla shares were up 13 percent in after-hours trading after closing at $143.67. Tesla CEO Elon Musk just passed off a bit more information about the upcoming launch; pre-orders will begin on March 31, the same day as the reveal, and require a $1,000 deposit.

by | February 12, 2016 | 18:14

In meeting, Chipotle talked about important things and ways by which it can win back the trust of its customers and reap profits. The restaurant known for its fresh, farm-to-fork approach to preparing food has been under the microscope after norovirus and E.

by | February 12, 2016 | 16:20

The Good News: You can text "raincheck" to 888222 and Chipotle will send you a coupon for a free burrito; hurry, though. The restaurant's stock is trading significantly lower than its record high a year ago, and the company is facing a federal criminal investigation .

by | February 12, 2016 | 10:07

In the documents, Continental says the problem surfaced in January 2008 when it analyzed a malfunctioning control unit that was removed from a Mercedes vehicle. Until the vehicles are identified, customers won't be able to use Honda's and NHTSA's online databases to check their vehicle identification numbers for the recall.

by | February 12, 2016 | 01:45

Dakota Johnson and Leslie Mann have gotten pretty close doing press for their upcoming comedy How To Be Single! Alice and Josh seem deeply in love and destined to be with one another forever. " How to Be Single " is a little over-stuffed with supporting players but they all work nicely off the leads. Entertainment Inc. shows Alison Brie, left, and Anders Holm in a scene from, " How to Be Single ".

by | February 11, 2016 | 22:25

Jumbo loans (balances greater than $417,000) had an average 30-year fixed-rate mortgage rate of 3.76%, falling from 3.84% the week before. The 5-year Treasury-indexed hybrid adjustable-rate mortgage fell to 2.83% this week, a decline from last week's 2.85%.

by | February 11, 2016 | 22:08

IRS Commissioner John Koskinen says taxpayers should see little, if any, impact on their returns or refunds. This report stems from the Associated Press , which writes that while the system interruption may have an adverse effect on refunds, the IRS doesn't expect "major disruptions".

by | February 11, 2016 | 16:26

Twitter shares fell 6.6 per cent at US$13.99 in after-hours trading on Wednesday (Feb 10), after the social media company's revenue forecast for the current quarter missed analysts' expectations. Revenue rose 48 per cent from the previous year to $710 million, providing some measure of hope that the service can still be turned into a viable of business.

by | February 11, 2016 | 14:34

At 12:46 a.m. ET the Dow Jones industrial average was up 54.24 points, or 0.34 percent, at 16,068.62. While the BOJ's monetary policy now makes it an active player in the stock market, defending stock levels is not its primary objective. Some are also exposed to the slump in oil prices via their loans to energy companies. Now, he said, there are worries that "another banking crisis might be brewing".

by | February 11, 2016 | 13:54

The S and X are both immensely capable luxury automobiles to be sure - but they're out of reach for the average auto buyer. In a conference call Wednesday, Musk said the company has been focused on meeting that challenge rather than boosting sales .

by | February 11, 2016 | 12:37

The laws vary from state to state, and at the time of writing DFS is now deemed illegal in ten states whilst this topic is being debated in plenty more. In New York and Texas, for example, state attorneys general said the games broke their gambling laws, while in Nevada, regulators said that without a gambling license, the sites couldn't operate there.

by | February 11, 2016 | 09:04

The recall is for 2.23 million vehicles sold across the United States for more than a decade, bringing the total number of recalled Honda and Acura cars to 8.51 million. Honda said the most up-to-date consumer information about the recalls can be obtained at www.recalls.honda.com and www.recalls.acura.com , or by calling 888-234-2138.

by | February 11, 2016 | 08:30

Continental Automotive Systems said on Thursday it supplied potentially defective air bag control units to 5 million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other manufacturers built over a five-year period worldwide, widening an air bag safety crisis.

by | February 11, 2016 | 08:01

Continental Automotive Systems said on Thursday it supplied potentially defective air bag control units to 5 million vehicles used by Honda, Fiat Chrysler, Mercedes-Benz, and three other manufacturers built over a five-year period worldwide, widening an air bag safety crisis.

by | February 11, 2016 | 07:04

In October, Daimler's Mercedes-Benz USA unit recalled 126,000 2008-MY 2009 C-Class and 2010 Mercedes Benz GLK-Class vehicles to address the issue. If affected vehicles have an activated restraint system indicator light, drivers should bring the auto to their dealership for a diagnostic check, Honda said .

by | February 11, 2016 | 05:08

Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics , said: "The chances that the headline gross domestic product growth number will be revised down therefore have grown, and all eyes will now be on the notoriously volatile construction figures for December, released Friday".

by | February 11, 2016 | 05:11

Besides to Manufacturing output decreased by 1.7% in December on a year earlier, the ONS said - a day after the release of the UK's latest trade figures which pointed to thebiggest gap in the annual trade deficit last year since 2010. Industrial production declined 1.1% month-on-month in December, compared to the ONS's expected 0.1% decline. Economists had forecast a fall of 0.1 percent on the month.