Business

Oil prices fall 1.5 percent as storm shutters more refineries

Oil prices fall 1.5 percent as storm shutters more refineries

The storm has set a rainfall record for tropical cyclones in Texas, the National Weather Service said. 25 inches of rain has already dropped in Houston, and another 20 inches is expected. Harvey's shutdown of ports such as Corpus Christi and, as of Tuesday morning , at least 13 percent of USA refining capacity is essentially bottling up some oil that would otherwise be processed or exported.


Georgia Officer in Dashcam Footage: 'We Only Kill Black People'

Georgia Officer in Dashcam Footage: 'We Only Kill Black People'

Abbott also said to the woman, "All the videos you've seen , have you seen black people getting killed?" The officer's lawyer said his client was attempting to deescalate the situation in making the remark, according to Channel 2 Action News .


Pizza by kayak: Texas Pizza Hut delivers in floodwaters

Pizza by kayak: Texas Pizza Hut delivers in floodwaters

As Harvey left widespread devastation throughout Houston, Texas, and surrounding areas, the last thing some may have expected was for pizza restaurants to still deliver. Shayda Habib, the manager of the local Pizza Hut, told The Houston Chronicle she decided to make pizza for people she heard were low on food while stuck in their homes.


Digging Up the Facts on Rockwell Collins, Inc. (COL)

Digging Up the Facts on Rockwell Collins, Inc. (COL)

There has been much Wall Street debate around the pros and cons of a potential break-up and while management's consistent public view has been that "balance works", a spin/merge transaction that could be an equity-heavy offer of its Aerospace businesses for COL could be viewed as a positive to the extent that it eliminates the sum-of-the-parts discount on the stock.


Dollar General Corporation (NASDAQ:DG) To Release Earnings

Dollar General Corporation (NASDAQ:DG) To Release Earnings

The company's net income was $294.8 million, or $1.08 per diluted share, for the second quarter, versus $306.5 million, or $1.08 per diluted share, in the 2016 period. Dollar General shares have risen roughly 4 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed almost 10 percent.


Japan, UK to hike pace of sanctions against N. Korea

Japan, UK to hike pace of sanctions against N. Korea

More interestingly, though, there are two schools of thought in the party as to whether it is really possible for a Prime Minister who lost seats in an election she had called to go into yet another election. As well as her trade mission, Mrs May has supported the nation's efforts against North Korea. May is expected to assure Abe in the upcoming meeting that Brexit will not have a negative impact on Japanese companies operating on British territory.