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The Jaguar E-Type just became our favorite electric auto

The Jaguar E-Type just became our favorite electric auto Thus was born the Jaguar E-type Zero, an all-electric , zero-emissions version of an original 1968 Series 1.5 convertible. The auto, a 1968 Series 1.5 E-Type, was restored and converted by Jaguar Land Rover Classic Works in Coventry. [Full Article...]

Oroville man arraigned on charges he started Ponderosa Fire

Oroville man arraigned on charges he started Ponderosa Fire Meanwhile, another wildfire broke out on Friday, more than 400 miles south of the Ponderosa blaze, in a north Los Angeles neighborhood. The fire that started Wednesday night for unknown reasons is burning out of control in extreme heat and very dry conditions. [Full Article...]

Blame Harvey for rising gas prices in Minnesota

Blame Harvey for rising gas prices in Minnesota While Hurricane Harvey-induced refinery and pipeline shutdowns have pumped up the price of gasoline locally and across most of the country, industry analysts say prices are likely to level off in a week or two. The lowest Florida prices are in Tampa, with an average gallon of $2.46. Minnesota's typical price at the pump is about a dime less than the national average , reflecting the higher taxe... [Full Article...]

Holiday Pit Stop set for Labor Day Weekend

Holiday Pit Stop set for Labor Day Weekend Already, prices at the pump have spiked to $2.75 a gallon for regular gas at stations in Milton and Sunbury, according to GasBuddy.com. The numbers are soaring toward a three-year high, but travel experts say drivers are willing to pay the price this Labor Day weekend. [Full Article...]

Gasoline futures continue to soar on Harvey-related outages

Gasoline futures continue to soar on Harvey-related outages Colonial Pipeline Co, the biggest US fuels system operator, on Sunday said it would address storm-related gasoline shortages by seeking federal approval to move nonsummer grade gasoline from Texas to the Northeast. The U.S. Energy Department said Thursday that it would release a half-million barrels of crude oil from the Strategic Petroleum Reserve to combat fuel shortages and stabilize gas prices... [Full Article...]

Glencore Given GBX 353.77 Average Price Target From Brokerage Firms

Glencore Given GBX 353.77 Average Price Target From Brokerage Firms On Friday, January 22 the stock rating was maintained by Peel Hunt with "Buy". JP Morgan maintained it with "Neutral" rating and GBX 330 target in Thursday, January 26 report. (NASDAQ:CVGI) for 67,231 shares. Moreover, Confluence Invest Management Ltd Liability has 0.21% invested in TP ICAP PLC (LON:TCAP). Homrich And Berg owns 2,213 shares. [Full Article...]

German Manufacturing Picks Up Speed in August-PMI

German Manufacturing Picks Up Speed in August-PMI The Nikkei India Manufacturing Purchasing Managers' Index (PMI) rebounded to 51.2 in August from a low of 47.9 in the previous month, indicating a substantial turnaround from July's GST-related contraction. That exceeds the 55 forecast by economists in a Bloomberg survey and is well above the 50 level dividing expansion from contraction. The pick-up in new business was generally more modest th... [Full Article...]

Price gouging during natural disasters

Price gouging during natural disasters Gasoline: At a Houston convenience store, gas was being sold for $20 per gallon, Paxton's office said . Parsons advised those who suffered price gouging to save receipts and keep track of how much they were charged for later. In Houston, gas is going for an average of $2.17 per gallon, compared with $2.12 the week before. "One Houston resident sent me a pic of water he saw being sold for *$4... [Full Article...]

Harvey-related rescues keep US Coast Guard busy

The crew boarded a Coast Guard Air Station Clearwater HC-130 Hercules airplane on Monday. The Coast Guard in CT is beginning to mobilize to help in the federal response to the enormous devastation caused by Hurricane Harvey, which has dropped to tropical storm strength but continues to pound Texas with massive amounts of rainwater and threatens Louisiana. [Full Article...]

Trump declares emergency in Louisiana amid Harvey recovery

Trump declares emergency in Louisiana amid Harvey recovery At a Monday morning news conference, Long said more than 450,000 people were expected to seek disaster assistance due to Harvey-related flooding. "We're still in life saving, life sustaining mode", Long said. Residents and business owners who sustained losses in the designated counties can begin applying for assistance tomorrow by registering online at http://www.DisasterAssistance.gov or ... [Full Article...]

Pod Traveling at 201 MPH Wins Elon Musk's Hyperloop Competition

Pod Traveling at 201 MPH Wins Elon Musk's Hyperloop Competition The Technical University of Munich group also won the previous Hyperloop competition in January, reaching 58 miles per hour. The team, named WARR Hyperloop , was one of three finalists to participate in Sunday's competition, held at SpaceX's headquarters in Hawthorne, CA. [Full Article...]

Baby Kale, Fuji Apples Get Price Cuts At New Amazon-Whole Foods

Baby Kale, Fuji Apples Get Price Cuts At New Amazon-Whole Foods Ben Bienvenu, a research analyst at Stephens, noted that Sprouts has more overlap than other retailers with Whole Foods' business and attributed the outsized decline in Sprouts' shares to "the price changes that we've seen in Whole Foods' stores" and "exposure to Texas and potential for some store closures associated with Hurricane Harvey". [Full Article...]

Jeff Immelt has dropped out of Uber's contentious CEO race

Jeff Immelt has dropped out of Uber's contentious CEO race The slate of candidates had narrowed to three people, according to people with knowledge of the process. Uber's eight-member board is expected to vote later on Sunday on the firm's new leader. Kalanick was embroiled in scandals involving the mishandling of an Indian woman's medical records and a verbal altercation with an Uber driver. "I am fully committed to HPE and plan to remain the compa... [Full Article...]

Iran, Saudi to Exchange Diplomatic Visits

Iran, Saudi to Exchange Diplomatic Visits After restoring full diplomatic relations with Iran on Thursday, Qatar has started work on "patching up a new radical ideology" in the region as foundation of this growing alliance, The Dependent has learnt. On Wednesday, the Central African nation of Chad announced that it would close its embassy in Doha, accusing Qatar of trying to destabilize it from neighboring Libya. [Full Article...]

Uber Steadily Recovering; Losses Narrows to $645 Million

Uber Steadily Recovering; Losses Narrows to $645 Million The revenue gain was driven by the number of global trips taken, climbing 150 percent over the past year, with the 250 percent in emerging markets leading growth, followed by a 90 percent increase in developed markets. Removing Kalanick from the board was necessary "to ensure Uber is protected from Mr. Kalanick's corrosive influence and can promptly obtain the new leadership it needs to move forwa... [Full Article...]

Majority say Donald Trump is dividing America, as approval rating falls

Majority say Donald Trump is dividing America, as approval rating falls The portion of voters with a favorable view of Trump - 41 percent, compared to 56 percent with an unfavorable view - was higher in the poll than for both House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell, with 36 percent and 19 percent respectively viewing them favorably. [Full Article...]

Amazon to cut prices on Whole Foods staples

Amazon to cut prices on Whole Foods staples Whole Foods private labels like 365 Everyday Value, will be available for anyone to purchase online through Amazon . By buying Whole Foods , Amazon is taking a bold step into brick-and-mortar, with its more than 460 stores and potentially very lucrative data about how shoppers behave offline. [Full Article...]

Samsung guilty verdict is a victory for reformers

Samsung guilty verdict is a victory for reformers The case has gripped the public amid growing anger against South Korea's biggest companies, known as chaebols. First arrested in February , Lee was also convicted of embezzlement, hiding assets overseas and perjury. Payments were said to include $6.4m in supporting the equestrian career of Choi's daughter. The verdict also dealt a blow to Samsung's publicly stated position that recent busin... [Full Article...]

Apple's Iowa data center could make Siri better in the US

Apple's Iowa data center could make Siri better in the US Professor ofEconomics at Drake, Tom Rootsays it makes sense Apple wants to build its newest data center here. The state Economic Development Authority board awarded $19.65 million in state investment tax credits for a pledge to create at least 50 jobs, at a qualifying wage of at least $29.12 per hour. [Full Article...]

Oil price rises, hits $52.06/barrel

Oil price rises, hits $52.06/barrel Supply data from the Energy Information Administration will be released Wednesday morning. API reported a drop of around 3.6 million barrels in USA crude inventories, and a rise of 1.4 million barrels in gasoline . This is happening at a time when the resolve of the participants is weakening, and oil production from Libya, which is exempt from the deal, has been soaring. [Full Article...]


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