Chapel Hill Water Is Safe To Drink

Chapel Hill Water Is Safe To Drink

A few hours after the water main break, restaurants in Chapel Hill and Carrboro were forced to close. The Orange Water And Sewer Authority began working to restore the treatment plant to normal operation and to fix the water main. An incident at the Jones Ferry Road Water Treatment Plant resulted in an accidental overflow of fluoride during the water treatment process. Chapel Hill Mayor Pam Hemminger and Carrboro Mayor Lydia Lavelle issued states of emergency for their towns. Read More

Dakota Access Pipeline: Easement Expected to Allow Project to Be Completed

The approval would follow months of protests that have stalled construction on the last leg of the 1,172-mile (1,886-kilometer) project for months. It's been a year since the North Dakota Access Pipeline broke ground, a year that brought thousands of people together in opposition to that project. Read More

China's January PMI slightly down to 51.3

China's January PMI slightly down to 51.3

Manufacturers were forced to hike the cost of their goods by one of the widest margins in one month after the slump in the pound triggered a record rise in the cost of imports, according to the Markit/Cips purchasing managers survey. Goods producers continued to cut back on staff numbers, and on the price front, input prices rose at the sharpest rate in almost six years, leading to an increase in prices charged. Read More

VW topples Toyota as global best-seller

Toyota fell from the top spot for the first time since 2011, when manufacturers' supply chains were disrupted by a powerful quake and resulting tsunami in north-eastern Japan. "2016 was a very challenging year for us", he said. Toyota Motors lost out in 2011 following the disturbance caused by tsunami and the quake that hit Japan that year. Read More

Trump blames airport delays on Delta Airlines and protesters

Trump blames airport delays on Delta Airlines and protesters

But he wrote Monday that he would vote "no" on the nominations of Rep. Mick Mulvaney of SC for Budget director, Rep. Tom Price of Georgia for Health and Human Services secretary, Steve Mnuchin for Treasury secretary, Scott Pruitt for Environmental Protection Agency administrator and Andy Puzder for Labor secretary because they have "repeatedly shown they will not put the American people or the laws of our nation first". Read More

Alphabet Reports Revenues of $26 Billion, Says Moonshots Start Making Money

On a sour note, Alphabet's Cost of Revenue rose to 41% from 38% in the year-ago period. While Alphabet lost less on moon shots in 2016 compared to the previous year, helped in part by the spinning off the self-driving vehicle project into its own company, they also lost a number of important executives from various projects including Project Loon and Google Fiber. Read More

Canada could benefit if the U.S. renegotiates NAFTA

Canada could benefit if the U.S. renegotiates NAFTA

Revamping the 23-year-old deal was one of the central pledges of Trump's presidential campaign. The Trump administration's main concerns about trade revolve around deficits with Mexico and China, Canada's ambassador to the United States told reporters on Sunday, saying his country was not the focus of USA efforts to renegotiate NAFTA. Read More

Rio Tinto Sells Coal & Allied Unit For USD2.45 Billion

Rio Tinto Sells Coal & Allied Unit For USD2.45 Billion

Thermal coal surged a year ago amid mining restrictions in China. Even though it is listed locally, there is limited liquidity in Yancoal since after Yanzhou, trader Noble Group has a 13 per cent stake after blocking an earlier move by Yanzhou to take ful control of the company. Read More

China's GDP growth at 6.7% in 2016 - NBS

China's GDP growth at 6.7% in 2016 - NBS

In December alone, industrial production rose 6.0 percent year on year, while retail sales increased 10.9 percent. "By quarters, the total value of exports in the first quarter, second quarter and third quarter dropped by 7.9 percent, 0.8 percent and 0.3 percent respectively compared with the same period of previous year, while the fourth quarter went up by 0.3 percent", the Bureau said. Read More

OPEC raises oil forecast to 95.60 million bpd

OPEC raises oil forecast to 95.60 million bpd

On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG7, +0.31% traded at $51.53 a barrel, up $0.16 in the Globex electronic session. "I think the estimate of 50,000 b/d cut by the end of the month is reasonable, I think everybody is complying and will continue to comply", one Moscow-based analyst said Thursday. Read More

Over One Million People Plan To Attend Women's March Across Nation

Over One Million People Plan To Attend Women's March Across Nation

For those who can not join the march in Washington, hundreds of sister marches are planned. "I felt strongly that I needed to do something to voice my upset and dissent", she told AAP earlier in the week. "We need to act to build on and protect the progress we've made in our communities, throughout MA and across the nation", Healey said. Babs Quincy, 69, of Hermitage is attending the Women's March on Washington , D.C., to have her voice heard in regard to women's health, bigotry, ... Read More

Technology and Innovation Drive the World's Most Dynamic Cities

The index is meant to "identify change and highlight which cities or metropolitan areas may be best at positioning themselves to compete in today's ever-changing economic landscape", Jeremy Kell , research director at JLL , wrote in a blog post for the World Economic Forum. Read More

Why Credit Suisse Remains So Positive on Kinder Morgan

Why Credit Suisse Remains So Positive on Kinder Morgan

The stock has relative volume of 1.00. Revenue of $3.39 billion fell from $3.64 billion year-over-year, falling short of analysts' estimates of $3.5 billion. Kinder Morgan, Inc . The company's market cap is $48.69 billion. Kinder Morgan presently has an average rating of "Buy" and an average target price of $22.52. Read More

Tell us: How will Trump's presidency affect Canada's economy?

Tell us: How will Trump's presidency affect Canada's economy?

The loonie lost 1.16 USA cents to 75.42 cents United States, also pressured by falling crude prices and a strengthening USA dollar. CIBC forecasts Canada's real GDP growth at 1.8 per cent in 2017 and 2.0 per cent in 2018. Poloz said the bank had yet to conduct internal assessments on the tax and trade ideas floating in the USA due to a lack of information and the complex nature of such an analysis. Read More

(NYSE:WFC)'s Revenue Is Getting Hit From Its Sales Practices Scandal

Global X Management Co. Cedar Wealth Management LLC now owns 3,276 shares of the financial services provider's stock worth $155,000 after buying an additional 1,059 shares during the last quarter. Wells Fargo & Company had a return on equity of 12.72% and a net margin of 23.91%. The business's quarterly revenue was up.0% compared to the same quarter past year. Read More

UK App Store prices will rise 25 percent following Brexit currency fluctuations

UK App Store prices will rise 25 percent following Brexit currency fluctuations

Apple-centric publication 9to5Mac was the first to report on the matter, and The Verge later confirmed that it was true. It will not affect consumers who use its products at home. Venmo's monthly average users doubled from October 2015 to October 2016. It's not just £0.79 apps that are going up by 25 percent or more , either. Users in India will experience a 14 percent service tax tacked on to their purchases, plus levies of 0.5 percent introduced by the government in December 2016. Read More

Eugene Cernan, last man on the moon, dies

In his book, The Last Man on the Moon , Cernan said he explained his legacy to a 5-year-old grandchild: "Your Popie went to heaven. Let us give that dream a chance". "He had the swagger, but he also had a sense of humility". Cernan was originally a backup pilot for Gemini 9, but the primary crew was tragically lost in a plane crash four months before launch. Read More

Japan aborts mini-rocket mission shortly after liftoff

Japan aborts mini-rocket mission shortly after liftoff

The new rocket had been fitted with an extra third stage, or a third engine on top of its body, to give it the extra power necessary to make it to orbit. And as demand grows, increasing numbers of companies are looking to launch their own satellites. Its payload, the TRICOM-1 satellite, was created to photograph the Earth from space. Read More

Wells Fargo Plans to Close More Than 400 Branches Through 2018

Wells Fargo Plans to Close More Than 400 Branches Through 2018

In September, Wells Fargo agreed to pay $185 million to settle investigations by Los Angeles City Attorney Mike Feuer, the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency to end investigations into the unauthorized accounts. Read More

Former Mexican President Lashes Back At Donald Trump On Twitter

The peso depreciated after Trump started his press conference with comments on how he expected more automakers to move operations to the US, the Financial Times reports. "They will pay for it", he said of the wall. While some other manufacturers have made what appear to be reversals in the wake of Trump's election, some others haven't. Read More

Detroit Auto Show Schedule

BMW AG has just unveiled the look of the brand new 5-series. BMW has been reportedly losing ground to Tesla Model S electric sedans and SUVs within the USA market. Although Chevy, Chrysler and Honda were the big winners at the Detroit Auto Show, there were several other vehicle brands that also received a ton of attention including the Kia Stinger GT , Acura's NSX from its Precision collection, the BMW M2 and Buick's 2017 LaCrosse from the company's Avista coupe concept. Read More

The Limited closing all stores

The Limited closing all stores

The Limited is based in New Albany, Ohio and has announced that any remaining products from their stores can be purchased online at astonishing discounts of 50 percent, adding that any sales at this point are strictly final. On Friday, the Associated Press reported that Ohio-based Limited Stores, founded in 1963, would close all of its brick-and-mortar stores by Sunday, but would keep operating online after. Read More

Petrol pumps defer decision to not accept card payments till Jan 13

Petrol pumps defer decision to not accept card payments till Jan 13

They told the newspaper that they've asked banks to hold off on imposing the extra charge until petrol pump dealers, "state-run fuel retainers, banks and petrol pump owners" have had a chance to discuss the implications of the move. Sale of petrol/diesel is highly regulated and we can not fix our own rates in view of this sudden levy by banks. "Our margins are fixed on a per KL basis and do not have any scope to absorb these charges". Read More

No One Knows What Trump Is Going to Tweet, Spokesman Says

No One Knows What Trump Is Going to Tweet, Spokesman Says

Jeff Sessions who worked on Trump's campaign and was recently named senior adviser to the president for policy. "Katie Walsh is an all-star". After Trump's remarks about nuclear weapons, senior staff rushed to qualify his comments , saying there were no plans to add more weapons. Read More

Apple confirms $1-bn investment in SoftBank Vision Fund

Apple confirms $1-bn investment in SoftBank Vision Fund

Softbank said: "The objective of SBG to establish the Fund is to accelerate SBG's global growth strategy through the investments via the Fund and alliances with portfolio companies of the Fund". JAPAN'S SoftBank Group Corp . set up its SoftBank Vision Fund in October past year, and has been working hard to reach its goal of US$100 billion. Read More