After laying dormant for years, the shipping industry finally began showing signs of life in the first half of 2018. There’s still plenty of ground to make up, especially when it comes to share prices, but the global containership industry appears to be on an upward trajectory. Average daily charter […]
FOX Business News
A New Round of Financial Crises in Emerging Markets?
This article was originally published on ETFTrends.com. Chatham House hosted a round table discussion regarding emerging markets with an esteemed panel of experts. To watch the complete discussion, click below: Related: ClearShares Adds Alternative Bond ETF for Rising Rates For more trends in fixed income, visit the Fixed Income Channel. Continue […]
Halliburton revenue jumps 24%
(Reuters) – Oilfield services provider Halliburton Co’s <HAL.N> quarterly revenue rose 24 percent to beat analysts’ estimates on Monday as higher oil prices encouraged U.S. oil and gas producers to put more rigs to work. Continue Reading Below U.S. rig count, an early indicator of future output, stood at 858 in the […]
Papa John’s attempts to ward off founder with poison pill
Papa John’s is attempting to ward off its disgraced founder by adopting a poison-pill plan. Founder John Schnatter resigned as chairman this month after his use of a racial slur during a media training session was revealed. He stepped down late last year as CEO after becoming enmeshed in the […]
Asian stocks mixed as trade tensions take center stage
Image 1 of 2 ▼ Asian markets were mixed on Monday as concerns over trade tensions moved to the forefront at the meeting this weekend of the Group of 20 industrial nations. Continue Reading Below KEEPING SCORE: Japan’s Nikkei 225 tumbled 1.3 percent to 22,401.08 and South Korea’s Kospi dropped […]
Drought forces emergency measures for US West’s wild horses
Image 1 of 1 ▼ Harsh drought conditions in parts of the American West are pushing wild horses to the brink and spurring extreme measures to protect them. Continue Reading Below For what they say is the first time, volunteer groups in Arizona and Colorado are hauling thousands of gallons […]
China investigating European, Korean steel imports
China launched a trade investigation Monday of steel from Europe and South Korea, potentially complicating efforts to recruit them as allies in its tariff dispute with U.S. President Donald Trump. The Commerce Ministry said it will look into whether some stainless steel products from the European Union, South Korea, Japan […]
Chinese premier orders investigation of vaccine makers
China’s No. 2 leader has ordered an investigation of its vaccine industry after violations by a maker of rabies vaccine for humans prompted a public outcry. Premier Li Keqiang’s order followed the disclosure that Changchun Changsheng Life Sciences Ltd. was accused of fabricating production and inspection records for its rabies […]
Uber suspends driver who live-streamed St. Louis passengers
Ride-sharing company Uber has suspended a driver who recorded hundreds of St. Louis-area riders without their permission and streamed the live video online. The St. Louis Post-Dispatch reported 32-year-old Jason Gargac, of Florissant, Missouri, has given about 700 rides in the area since March. Almost all have been streamed to […]
Better Buy: TJX Companies vs. Ross Stores
Did you know that off-price retail has been one of the better-performing sectors over the past five years? Well, it’s true. Off-price retailers help larger department stores clear unsold inventory, then sell these department-store brands to customers, often at a 20% to 60% discount. Riding the wave of post-recession penny-pinching […]