• Hot Dog Contest Odds: Joey Chestnut Favorite On Fourth Of July

    Hot Dog Contest Odds: Joey Chestnut Favorite On Fourth Of July

    Markets

    Major League Eating , the event's official organizing body, offers a total prize pool of $40,000, with $20,000 each dispersed in the men's and women's divisions. Chestnut, the current hotdog-eating world record holder from Vallejo, California , downed a whopping 74 weiners, dipping the buns in super-sized plastic cups of water during the 10-minute-long contest.
  • Saudi Arabia says ready to pump more oil to balance market

    Markets

    Iran, however, says that they intend to try to circumvent the USA ban with new rules to make it easier to export oil. The cabinet commended "constructive cooperation between producing countries from inside and outside OPEC, which resulted in the agreement of 25 countries to increase oil supplies, taking into account the current market conditions".
  • #BoycottWalmart trends online after superstore sells 'Impeach 45' products

    #BoycottWalmart trends online after superstore sells 'Impeach 45' products

    Markets

    Walmart is catching fire on social media after shoppers caught sight of a T-shirt being sold through its third-party marketplace that says "Impeach 45", referring to President Donald Trump . The outcry sparked a #BoycottWalmart trend on Twitter as users expressed their distaste for the chain promoting the impeachment of President Trump , echoing some Congressional Democrats.
  • Moog warns that Trump trade tariffs pose a threat to its business

    Moog warns that Trump trade tariffs pose a threat to its business

    Markets

    They say China's decision in May to lower tariffs on imported cars will make little difference because imports make up such a small part of the market. The commission said global retaliation against U.S. tariffs on auto imports would have a bigger impact on the United States economy than those provoked by the Trump administration's steel and aluminium tariffs.
  • Celebrities welcome LeBron James to the Los Angeles Lakers

    Celebrities welcome LeBron James to the Los Angeles Lakers

    Markets

    Kawhi Leonard prior to Game One of the NBA Western Conference Finals against the Golden State Warriorsc at ORACLE Arena on May 14, 2017. With James headed to California, Nike , who owns the banner, began removing it Tuesday. "This will always be home". James returned to the Cavs in 2014, then later led the team to their first championship title (2016). The team from OH made a number of trades at this past year's trade deadline, drafted Collin Sexton with the No.
  • Amazon to Extend Prime Day on July 16 to 36 Hours

    Amazon to Extend Prime Day on July 16 to 36 Hours

    Markets

    This "epic" 36 hour event will offer some of the best deals you will see on Amazon (or anywhere else) all year long. If you haven't yet, sign up here for Amazon Prime , and enjoy a 30-day free trial. Amazon Prime gives shoppers faster delivery and cheaper offers regularly in exchange for an annual subscription fee. If you don't buy more than a few products each month and you're comfortable with slow shipping, you're not an ideal user for Prime.
  • LeBron James to join Lakers for $154 million over 4 years

    LeBron James to join Lakers for $154 million over 4 years

    Markets

    American basketball superstar LeBron James has agreed to a four-year, 154 million USA dollar deal with the Los Angeles Lakers , his agency group Klutch Sports tweeted on Sunday evening. Former Hollywood action hero and California Governor Arnold Schwarzenegger also weighed in. "And you're without going to be the biggest star of all, on the court and off the court".
  • Trump asks Saudi Arabia to increase oil production

    Trump asks Saudi Arabia to increase oil production

    Markets

    Kuwait will increase its oil production by 85,000 barrels per day (bpd) Sunday, as part of a broader OPEC agreement to raise production by one million bpd, according to energy Minister Bakhit al-Rashidi. Trump's warning last week about buying oil from Iran threw doubt and confusion into the energy market. Russian Federation plans to increase output by more than 200,000 bpd.
  • Donald Trump says Saudis must compensate for drop in Iran oil supply

    Markets

    The Iranian warning, in a letter to the United Arab Emirates' energy minister, comes as Tehran faces a USA push to get its allies to stop buying its oil as part of Trump's decision to pull America from the nuclear deal with world powers. "OPEC is and they better stop it because we're protecting those countries, many of those countries". In late 2016, OPEC members and 11 non-OPEC countries struck a deal to reduce oil output by 1.8 million barrels per day compared to October 2016.
  • Cruise Worker Goes Overboard, Found by Another Cruise Ship

    Cruise Worker Goes Overboard, Found by Another Cruise Ship

    Markets

    A missing crewmember from the Norwegian Getaway cruise ship has been found. The man had been in the water about 22 hours after going overboard and was found about 21 miles north of Cuba. A Coast Guard cutter joined the search at 2 a.m. Sunday. In a statement sent to the Herald , the spokesperson said, "We are also extremely grateful to Carnival Cruise Line and send our deepest thanks to the crew of Carnival Glory ".
  • Tesla hits Model 3 manufacturing milestone, hours after deadline

    Tesla hits Model 3 manufacturing milestone, hours after deadline

    Markets

    In an email , Mr Musk praised staff for reaching the much-delayed goal, helped by setting up production in a tent. Midway through last month, however, Musk revealed on Twitter that the first Model 3 Performance has rolled off from a new assembly line, which was set up in a sprung structure on the grounds of the Fremont factory.
  • Trump urges Saudis to raise oil output 'by two million barrels'

    Trump urges Saudis to raise oil output 'by two million barrels'

    Markets

    With this move, the Trump administration has increased pressure on allies to stop funding to Iran . US President Donald Trump's administration backed off an assertion he made hours earlier indicating he persuaded Saudi Arabia to effectively boost oil production to its maximum capacity, which would have threatened to blow up a fragile truce agreed by OPEC last week and inflamed the Saudi-Iran rivalry.
  • Marketing firm Exactis leaks 340 million files containing private data

    Marketing firm Exactis leaks 340 million files containing private data

    Markets

    The information was stored by data broker Exactis , based in Palm Coast, Florida, and appears to include private information on adults as well as businesses. Though the data seems to be secure now, there's no telling how many people - if any - got access to the database. This is significantly more than those exposed during the Equifax breach previous year.
  • Saudi king said will boost oil output if needed - White House

    Saudi king said will boost oil output if needed - White House

    Markets

    It did not elaborate. Donald Trump has said Saudi Arabia agreed to his request to increase oil production by "maybe up to 2,000,000 barrels" to make up for sanctions hitting Iran and Venezuela. Saudi Arabia's King Salman bin Abdulaziz Al Saud talks during the opening of 29th Arab Summit in Dhahran, Saudi Arabia April 15, 2018. Expectations that this production increase won't be enough to stabilize these inventory levels are the primary driver behind last week's oil price surge.
  • Threats from USA put new pressure on Iranian oil importers

    Threats from USA put new pressure on Iranian oil importers

    Markets

    Indian refiners are confident that United States sanctions on Iran will not disrupt crude oil supplies because the global market has abundant supplies and numerous sellers. State Department confirmation Tuesday that Iranian oil buyers should expect no waivers to its sanctions and halt business by November 4. The future of Iranian crude exports was also in doubt.
  • Russia: Our cooperation with Saudi Arabia will stabilise oil market

    Russia: Our cooperation with Saudi Arabia will stabilise oil market

    Markets

    USA crude futures CLc1 rose $2.23, or 3.16 percent, to settle at $72.76 a barrel. Higher feedstock crude oil prices, as well as surging fuel exports from China, have pulled down Asian refinery product margins to two-year lows. A power struggle between the official government and rebels has left it unclear who will handle Libya's large oil reserves, although as of late Tuesday sources said the country's oil ports of Hariga and Zueitina in eastern Libya appeared to be working normally.
  • Trump Says Saudi King Agrees to Ramp up Oil Production

    Markets

    Saudi authorities had no immediate comment. Non-OPEC member Russian Federation on June 23 also backed the effort, capping a week of tense diplomacy for the grouping that averted a damaging rift between arch foes Iran and Saudi Arabia .
  • Amazon unveils plan for entrepreneurs to take over from UPS

    Amazon unveils plan for entrepreneurs to take over from UPS

    Markets

    Businesses will also be able to get discounts on vehicles, uniforms, fuel and insurance. Nichols believes FedEx's customer profile is so diverse that Amazon's new program will not be a major hit to its operation-especially since Amazon admits it will still use FedEx and UPS to ship packages around the world.
  • Canada announces details of tariffs on USA goods

    Canada announces details of tariffs on USA goods

    Markets

    It reached new depths at the recent G7 summit when Trump abruptly rejected the joint statement and insulted his Canadian host, Prime Minister Justin Trudeau. Among the actions the chamber recommends are continuing to pursue the case through the World Trade Organization (WTO), trying to open new markets to Canadian goods beside the USA and making concessions to the Americans on areas such as supply management in dairy.
  • Anonymous man buys $1 million worth of Toys 'R' Us inventory

    Anonymous man buys $1 million worth of Toys 'R' Us inventory

    Markets

    The photo was taken by Rene Johnpiere , who appears to work at a Toys "R" Us. In a dire retail landscape, more than 8,000 USA shops closed in 2017, roughly double the average annual store closures in the previous decade, according to data from the International Council of Shopping Centres.
  • CO2 shortage: Booker restricts sales; Ei and Wetherspoons run dry

    CO2 shortage: Booker restricts sales; Ei and Wetherspoons run dry

    Markets

    Last week, a spokesperson from Heineken , the biggest brewer that serves the United Kingdom, told CNBC via email: " Like many other businesses in the food and drinks industry, we are affected by this shortage ..." The problem has also affected Heineken and Coca-Cola's production.
  • BMW would shut United Kingdom plants if Brexit hits supply chain

    BMW would shut United Kingdom plants if Brexit hits supply chain

    Markets

    A British government spokesman told the news agency it was confident of securing a good deal with the EU that allows for the "most free and frictionless trade with our European neighbours". Around 4,500 workers are employed at MINI Plant in Oxford. Its just-in-time production system requires the free movement of parts and goods. "We are committed to our operations in the United Kingdom, our workforce here", he added.