Markets
Gas Prices Increase Across Missouri Due To Harvey
- September 03, 2017
The global benchmark Brent crude climbed 2% to $51.87 a barrel. Robert W. "Bob" Claytor, CEO of local gasoline distributor H.N. Funkhouser & Co., which buys gas from depots along the Colonial Pipeline , said on Wednesday that his price per gallon had gone up about 20 cents, 6 cents of which has been passed along to the customer. (more...)
- September 03, 2017
The global benchmark Brent crude climbed 2% to $51.87 a barrel. Robert W. "Bob" Claytor, CEO of local gasoline distributor H.N. Funkhouser & Co., which buys gas from depots along the Colonial Pipeline , said on Wednesday that his price per gallon had gone up about 20 cents, 6 cents of which has been passed along to the customer. (more...)
Oil flat as some US refineries restart in Harvey's wake
- September 03, 2017
Gas prices across the US have risen about 17 cents a gallon this week and Hurricane Harvey is to blame. Gasoline prices in the USA have risen to new high amid continuing fears of shortages in Texas and other states after Hurricane Harvey's strike. (more...)
- September 03, 2017
Gas prices across the US have risen about 17 cents a gallon this week and Hurricane Harvey is to blame. Gasoline prices in the USA have risen to new high amid continuing fears of shortages in Texas and other states after Hurricane Harvey's strike. (more...)
Chelsea cancel contract of French striker Loic Remy
- September 03, 2017
Remy played an important role in our hugely successful 2014/15 campaign, more often than not from the bench. Remy, who spent last season on loan at Crystal Palace , has finally left Antonio Conte's side after the club cancelled his contract. (more...)
- September 03, 2017
Remy played an important role in our hugely successful 2014/15 campaign, more often than not from the bench. Remy, who spent last season on loan at Crystal Palace , has finally left Antonio Conte's side after the club cancelled his contract. (more...)
Fuel traders scramble to avert fuel shortages in USA and Mexico
- September 03, 2017
The two pipelines transport around 675,000 bpd of West Texas crude to East Houston . United States' biggest fuel transport system, the Colonial Pipeline , also said it would shut its main diesel, jet fuel and gasoline lines because of outages at its supply points. (more...)
- September 03, 2017
The two pipelines transport around 675,000 bpd of West Texas crude to East Houston . United States' biggest fuel transport system, the Colonial Pipeline , also said it would shut its main diesel, jet fuel and gasoline lines because of outages at its supply points. (more...)
Mortgage rates fall to their lowest level this year
- September 03, 2017
If you, or someone you know, is thinking about entering the housing market, keep a watchful eye on mortgage interest rates. Rates on adjustable five-year loans fell to 3.14 percent from 3.17 percent last week. Borrowers may still pay closing costs which are not included in the survey. The bigger payment may be a little tougher to find room for in your monthly budget than a 30-year mortgage payment would, but it comes with some big advantages: You'll save thousands of dollars over the life of ... (more...)
- September 03, 2017
If you, or someone you know, is thinking about entering the housing market, keep a watchful eye on mortgage interest rates. Rates on adjustable five-year loans fell to 3.14 percent from 3.17 percent last week. Borrowers may still pay closing costs which are not included in the survey. The bigger payment may be a little tougher to find room for in your monthly budget than a 30-year mortgage payment would, but it comes with some big advantages: You'll save thousands of dollars over the life of ... (more...)
Gas Prices On The Rise After Hurricane Harvey
- September 03, 2017
Gas prices are on the rise, and with Labor Day almost here, you should get ready to pay even more at the pump. At a gas station on Sunset Boulevard in West Columbia, the 9 a.m. "Retailers can either go out of business or pass their costs along", said Tom Kloza, director of global energy analysis at the Oil Price Information Service. (more...)
- September 03, 2017
Gas prices are on the rise, and with Labor Day almost here, you should get ready to pay even more at the pump. At a gas station on Sunset Boulevard in West Columbia, the 9 a.m. "Retailers can either go out of business or pass their costs along", said Tom Kloza, director of global energy analysis at the Oil Price Information Service. (more...)
Flood insurance rates could spike as federal program drowns in debt
- September 03, 2017
Ellis and others say the best hope now is that lawmakers will pass a three- or six-month extension of the National Flood Insurance Program , effectively kicking the debate down the road. FEMA paid out $3.5 billion per year over the past 12 years, which included Katrina. The country's Consumer and Markets Authority rejected the proposal back in 2013, however, arguing that consumers must have a choice of whether or not they insure against flooding. (more...)
- September 03, 2017
Ellis and others say the best hope now is that lawmakers will pass a three- or six-month extension of the National Flood Insurance Program , effectively kicking the debate down the road. FEMA paid out $3.5 billion per year over the past 12 years, which included Katrina. The country's Consumer and Markets Authority rejected the proposal back in 2013, however, arguing that consumers must have a choice of whether or not they insure against flooding. (more...)
Fewer carrying flood insurance despite risk
- September 03, 2017
That's despite the fact that scientists have been warning for years that unchecked development and climate change could cause severe flooding in Houston . Those in harm's way clearly need all the help they can get from the government. "What's going on is so unprecedented and so awful and frightful that Congress is probably going to be very generous in how they do disaster relief", Hunter says. (more...)
- September 03, 2017
That's despite the fact that scientists have been warning for years that unchecked development and climate change could cause severe flooding in Houston . Those in harm's way clearly need all the help they can get from the government. "What's going on is so unprecedented and so awful and frightful that Congress is probably going to be very generous in how they do disaster relief", Hunter says. (more...)
How Hurricane Harvey could shape the National Flood Insurance Program debate
- September 03, 2017
Now nearly half a century old, the NFIP grew out of what was, at the time, a basic reality of the insurance business: Flooding risks were actuarially imponderable, so insuring against them was uneconomic for the private sector, especially in places such as the hurricane-prone Gulf of Mexico. (more...)
- September 03, 2017
Now nearly half a century old, the NFIP grew out of what was, at the time, a basic reality of the insurance business: Flooding risks were actuarially imponderable, so insuring against them was uneconomic for the private sector, especially in places such as the hurricane-prone Gulf of Mexico. (more...)
How Hurricane Harvey could shape the National Flood Insurance Program debate
- September 03, 2017
Now nearly half a century old, the NFIP grew out of what was, at the time, a basic reality of the insurance business: Flooding risks were actuarially imponderable, so insuring against them was uneconomic for the private sector, especially in places such as the hurricane-prone Gulf of Mexico. (more...)
- September 03, 2017
Now nearly half a century old, the NFIP grew out of what was, at the time, a basic reality of the insurance business: Flooding risks were actuarially imponderable, so insuring against them was uneconomic for the private sector, especially in places such as the hurricane-prone Gulf of Mexico. (more...)
Harvey residential insured and uninsured flood loss $25-$37 billion: Corelogic
- September 03, 2017
The other way that property owners may have coverage, of course, is through flood insurance, which is typically provided by the federal government. In percentage terms, the drop was even more dramatic in certain sections of the county: In Pasadena, just southeast of Houston, policies were down almost 20 percent. (more...)
- September 03, 2017
The other way that property owners may have coverage, of course, is through flood insurance, which is typically provided by the federal government. In percentage terms, the drop was even more dramatic in certain sections of the county: In Pasadena, just southeast of Houston, policies were down almost 20 percent. (more...)
Hurricane Harvey Tests Limits of Federal Flood Insurance Program
- September 03, 2017
A national poll by the Insurance Information Institute in 2016 showed only 12 percent of people in flood-prone coastal areas had flood insurance , down from 14 percent in 2015. "Congress must find a bipartisan solution that ensures the long term financial stability of the program, but it can not be done through onerous premium increases that would make housing unaffordable in our community", Ros-Lehtinen said in a statement. (more...)
- September 03, 2017
A national poll by the Insurance Information Institute in 2016 showed only 12 percent of people in flood-prone coastal areas had flood insurance , down from 14 percent in 2015. "Congress must find a bipartisan solution that ensures the long term financial stability of the program, but it can not be done through onerous premium increases that would make housing unaffordable in our community", Ros-Lehtinen said in a statement. (more...)
Blank Rome issues guidance on Hurricane Harvey insurance recovery
- September 03, 2017
The reform legislation championed by Rubio, Warren and Sen. Louisiana Insurance Commissioner Jim Donelon requested the latest extension last week, saying there are still thousands of flood victims dealing with their contractors and the challenges of making repairs in a very tight construction market. (more...)
- September 03, 2017
The reform legislation championed by Rubio, Warren and Sen. Louisiana Insurance Commissioner Jim Donelon requested the latest extension last week, saying there are still thousands of flood victims dealing with their contractors and the challenges of making repairs in a very tight construction market. (more...)
Dell CEO pledges $36mn to hurricane Harvey relief efforts
- September 03, 2017
The goal of the new Fund, as was announced by Texas Governor Greg Abbott, is to raise $100 million to speed up the recovery of communities affected by Hurricane Harvey . Both Dell and his wife were born and raised in Texas. "We know the road to recovery will not be easy, but we are here to support Texas", DentaQuest President and CEO Steve Pollock said. (more...)
- September 03, 2017
The goal of the new Fund, as was announced by Texas Governor Greg Abbott, is to raise $100 million to speed up the recovery of communities affected by Hurricane Harvey . Both Dell and his wife were born and raised in Texas. "We know the road to recovery will not be easy, but we are here to support Texas", DentaQuest President and CEO Steve Pollock said. (more...)
Michael Dell donating $36M for Harvey relief
- September 03, 2017
The announcement comes a week after Harvey made landfall in Southeast Texas. CNN Money reported that corporations have contributed over $113 million to the disaster relief and that 52 companies had donated at least one million each. While Dell and his company Dell Technologies may be most associated with Austin, Texas , where his company is headquartered, the man himself was born and raised in Houston . (more...)
- September 03, 2017
The announcement comes a week after Harvey made landfall in Southeast Texas. CNN Money reported that corporations have contributed over $113 million to the disaster relief and that 52 companies had donated at least one million each. While Dell and his company Dell Technologies may be most associated with Austin, Texas , where his company is headquartered, the man himself was born and raised in Houston . (more...)
Korea could nuke US, Europe 'within months', says France
- September 02, 2017
Tensions between the United States and North Korea have been building in recent weeks. Japan's Defense Ministry is seeking a record-high budget to add missile interceptors and other equipment to defend the country from more North Korean weapons launches. (more...)
- September 02, 2017
Tensions between the United States and North Korea have been building in recent weeks. Japan's Defense Ministry is seeking a record-high budget to add missile interceptors and other equipment to defend the country from more North Korean weapons launches. (more...)
Dustin Johnson leads Dell Technologies Championship as rivals struggle
- September 02, 2017
Garcia is joined at four under by Marc Leishman , Kyle Stanley and Jon Rahm after the latter birdied four of his last five holes. British Open champion Jordan Spieth, who lost to Johnson in a sudden-death playoff last week on Long Island, didn't make a birdie until his 13th hole and shot 72. (more...)
- September 02, 2017
Garcia is joined at four under by Marc Leishman , Kyle Stanley and Jon Rahm after the latter birdied four of his last five holes. British Open champion Jordan Spieth, who lost to Johnson in a sudden-death playoff last week on Long Island, didn't make a birdie until his 13th hole and shot 72. (more...)
Major League Baseball notes: Angels acquire Upton from Tigers
- September 02, 2017
The righty also has a full no-trade clause, so he controls his future, which according to recent reports, won't include a change of scenery before Thursday's midnight trade deadline. He has 28 home runs on the season and a career-high slugging percentage of.542. He could be another Curt Schilling, a bigger-bodied pitcher who was 23-7 with a 3.23 ERA for Arizona in his age 35 year and 21-6 with a 3.26 with Boston in his age 37 year. (more...)
- September 02, 2017
The righty also has a full no-trade clause, so he controls his future, which according to recent reports, won't include a change of scenery before Thursday's midnight trade deadline. He has 28 home runs on the season and a career-high slugging percentage of.542. He could be another Curt Schilling, a bigger-bodied pitcher who was 23-7 with a 3.23 ERA for Arizona in his age 35 year and 21-6 with a 3.26 with Boston in his age 37 year. (more...)
Wells Fargo & Company Review Finds Another 1 Mln Potentially Unauthorized Accounts
- September 02, 2017
It has underperformed by 25.94% the S&P500. Private Bank & Trust Co decreased Wells Fargo & Company ( WFC ) stake by 39.43% reported in 2016Q4 SEC filing. Guggenheim upgraded the shares of WFC in report on Wednesday, April 26 to "Neutral" rating. The firm has "Sector Perform" rating given on Monday, May 15 by Scotia Capital. (more...)
- September 02, 2017
It has underperformed by 25.94% the S&P500. Private Bank & Trust Co decreased Wells Fargo & Company ( WFC ) stake by 39.43% reported in 2016Q4 SEC filing. Guggenheim upgraded the shares of WFC in report on Wednesday, April 26 to "Neutral" rating. The firm has "Sector Perform" rating given on Monday, May 15 by Scotia Capital. (more...)
Cabinet reshuffle likely on weekend: a few big changes on the cards
- September 02, 2017
The Cabinet rejig has been necessitated due to several developments, including the elevation of Mr M Venkaiaha Naidu to the post Vice President, offer of resignation by Mr Suresh Prabhu in the wake of spat of train accidents and relieving some of the key ministers from additional responsibilities of the other ministries. (more...)
- September 02, 2017
The Cabinet rejig has been necessitated due to several developments, including the elevation of Mr M Venkaiaha Naidu to the post Vice President, offer of resignation by Mr Suresh Prabhu in the wake of spat of train accidents and relieving some of the key ministers from additional responsibilities of the other ministries. (more...)
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Oil prices reach highest in almost a year as producers restrain output