Markets

Summer gas prices to rise but should remain low

Summer gas prices to rise but should remain low

Higher regular unleaded gas prices, predicted to peak at $2.70 a gallon this summer, has more than 60 percent of Americans planning to spend their vacations closer to home, according to AAA. "It would take a sudden, unexpected price increase before most drivers would consider driving less". "While the continued increases are completely seasonal in nature, it's not any easier for motorists to digest", DeHaan said. Read More

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Davis Cup: Australia leads US 2-0 in quarterfinal

Despite being 35 years old and one of the oldest players in every tournament he enters, Roger Federer is once again the dominant player on the ATP Tour. Peers is the No. 2-ranked doubles players in the world, and Groth is one of those big men who is often more effective in doubles than singles. Querrey has yet to play a Davis Cup doubles tie, and Johnson has just that one win against Switzerland alongside Sock under his belt. Read More

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Delta cancels 275 more flights days after storm disruptions

Wednesday's storms in Atlanta, the mid-Atlantic region and the Northeast had planes and crews out of position stretching into Friday. He added, "we understand the resulting recovery has not been ideal and we apologize for that". "You only have a finite number of spare pilots". The cancellations have left thousands of people in NYC struck without a way to get to Florida to many Pesach hotels. Read More

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US regulator removes top examiner for Wells Fargo

US regulator removes top examiner for Wells Fargo

The stock as of last trading session moved 29.07% up from its 52 week low and was -7.70% behind its 52 week high. Several research firms have issued reports on WFC. WARNING: "Marshall Wace LLP Purchases Shares of 213,367 Wells Fargo & Co (WFC)" was originally published by Chaffey Breeze and is the property of of Chaffey Breeze. Read More

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EU regulators to approve Fox takeover of Sky

EU regulators to approve Fox takeover of Sky

The EU Commission, which is set to publicly deliver its verdict on the takeover deal later today, declined to comment to Reuters . Under the proposals Sky, with interests in the UK, Ireland, Germany, Austria and Italy would combine with Twenty-First Century Fox, Inc (Fox), one of the six major Hollywood film studios (20th Century Fox), as well as a TV channel operator (Fox, National Geographic). Read More

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After takeover bid, Unilever announces major overhaul

After takeover bid, Unilever announces major overhaul

Unilever's London-listed shares, which hit a record 4,088 pence in recent weeks ahead of Thursday's announcement, were up 1.3 percent at 3,989p by 1036 GMT, outperforming the FTSE 100 .FTSE which was down 0.4 percent. Some had speculated Unilever could go to x3 to free up even more cash, but it's remaining fairly conservative, perhaps because it's employing zero base budgeting to aggressively reduce costs. Read More

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Toshiba receives $17.9 billion offer for its chip unit

Toshiba receives $17.9 billion offer for its chip unit

According to The Investor, Western Digital now has the best chance of winning the bidding war, as it already has a great relationship with Toshiba . Other suitors include Western Digital Corp. But selling it to the highest bidder could bring in some much needed cash for Toshiba . The move by USA giants comes shortly after the shareholders of Toshiba approved a proposal to split off and sell its NAND flash memory business. Read More

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Bonds weaker as ANC closes ranks behind Zuma

President Jacob Zuma emerged from the extended African National Congress (ANC) national working committee (NWC) meeting confident and in power despite growing calls for him to quit. The inability of Zuma's critics within the ANC to force him to step aside heightens chances that an opposition-sponsored vote of no confidence in parliament will fail if it goes ahead. Read More

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Tragically Hip played off at the Juno Awards and fans freak

Tragically Hip played off at the Juno Awards and fans freak

Coldplay - who, of course, are not Canadian - won International Album of the Year for A Head Full of Dreams . The singer's son Adam Cohen accepted the latter trophy at the Juno Gala Dinner on Saturday (Apr. "I can be anywhere", she said. Drake also lost out on the Juno Fan Choice award to Shawn Mendes, who was nominated along with Hedley, Justin Bieber, Alessia Cara , Belly, Ruth B ., The Weeknd, Tory Lanez and The Strumbellas . Read More

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