• Harvey hits gas pump prices in Midwest
Harvey hits gas pump prices in Midwest

According to GasBuddy.com , in the past week, prices in Albany having risen about 3 cents, to $2.37, but they could continue to rise. Gasoline prices are expected to rise in Ottawa and the rest of Ontario this week after widespread flooding from Hurricane Harvey forced refineries on the Texas Gulf Coast to shut down.

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  • Anker, Panasonic Among First Companies to Introduce Google Home-Compatible Smart Speakers
Anker, Panasonic Among First Companies to Introduce Google Home-Compatible Smart Speakers

Google has taken a page from Amazon's book in featuring its Assistant in lower-cost devices, which will bring in a larger user base. The $70 speaker looks like a miniaturized version of Google Home , with a set of touch-sensitive controls at the top.

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  • Why Bank of America's Shares Surged on Wednesday
Why Bank of America's Shares Surged on Wednesday

Berkshire executed the purchase not by injecting new funds into Bank of America , but rather by converting its existing $5 billion worth of preferred stock. banks, with stakes of roughly 6.6% in Bank of America and 10% in Wells Fargo & Co, according to Reuters . Buffett said he likes both banks and plans to continue holding their shares .

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  • Abbott Labs rolls out patch for St. Jude-made pacemakers
Abbott Labs rolls out patch for St. Jude-made pacemakers

The devices have been implanted in some 400,000 patients. Abbot is now asking doctors to discuss with patients about the need to administer the software updates instead of having to replace the pacemaker as a whole. Matt Green, a Johns Hopkins University professor specializing in cryptography, is among the people arguing the threat is real. One c...

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  • U.S. growth upgraded to 3 percent in second quarter
U.S. growth upgraded to 3 percent in second quarter

Much of the strength came from a sharp upward revision in spending on autos, which the government initially estimated as declining in the spring. The rate surpassed analyst expectations, which called for an increase of 2.7 percent. Personal consumption, the biggest contributor to economic growth, was revised up to 3.3% from 2.8%. The government...

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  • Boulegeris Investments Inc. Cuts Stake in Marathon Oil Corporation (MRO)
Boulegeris Investments Inc. Cuts Stake in Marathon Oil Corporation (MRO)

The stock has advanced 33.67% to a low over the previous 12 months and showed declining move -7.55% to a high over the same period. Sandy Spring National Bank holds 2,875 shares or 0.02% of its portfolio. Smithfield Trust holds 720 shares or 0.01% of its portfolio. Gsa Cap Partners Llp accumulated 143,122 shares or 0.15% of the stock. Associated Ba...

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  • Murdoch's pull Fox News from United Kingdom as Sky decision approaches
Murdoch's pull Fox News from United Kingdom as Sky decision approaches

Fox News has been a source of ammunition for critics of Fox's takeover of Sky, who point to the channel's strong conservative opinion programming as evidence of bias. Earlier this summer, the Office of Communications determined that the Murdochs and other Fox executives qualify as a "fit and proper" media owner, but Britain's secretary of state has...

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  • Uber Board Picks Expedia's Dara Khosrowshahi as New CEO
Uber Board Picks Expedia's Dara Khosrowshahi as New CEO

Several controversies about Uber made the headlines in the last eight months including sexual harassment and discrimination allegations against the ride-share giant that led to the resignation of the former CEO, according to Forbes . Mr Khosrowshahi has been CEO of Expedia since August of 2015. Kalanick enjoyed sweeping authority on the board an...

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  • China reaffirms support for Pakistan's Afghan policy
China reaffirms support for Pakistan's Afghan policy

The meeting was planned earlier on August 14, when Tillerson called Asif to congratulate him on Pakistan's 70th Independence Day. "The surge in USA forces in Afghanistan is aimed at involving Pakistan further into the war", he said. "For our part, we are willing to continue to assist Kabul in training and equipping its national security forces ...

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  • Euro continues upward rally on Monday
Euro continues upward rally on Monday

Shares in Hannover Re were fell 1.3 percent and Munich Re 0.9 percent. The euro held its gains on Monday as traders bet the European Central Bank will start to wind down its crisis-era stimulus programme, while lower expectations for further tightening in the United States weighed on the dollar.

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  • Carrying a plastic bag in Kenya could land you in prison
Carrying a plastic bag in Kenya could land you in prison

Samuel Matonda, a spokesperson for the Kenya Association of Manufacturers, commented on the ban's effect on the country's economy. "Ordinary wananchi will not be harmed", she told Reuters , using a Kiswahili word for "common man". Plastics used in primary industrial packaging are exempt, according to the National Environment Management Authorit...

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  • Whole Foods prices to get cheaper, says Amazon
Whole Foods prices to get cheaper, says Amazon

Amazon's announcement comes a day after Whole Foods shareholders gave their approval and the Federal Trade Commission said it would not block the purchase. "Price was the largest barrier to Whole Foods' customers", Mark Baum, a senior vice president at the Food Marketing Institute, told Bloomberg . Ralphs was selling conventional avocados f...

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  • Hyperloop Competition Winners Get Above 200 miles per hour
Hyperloop Competition Winners Get Above 200 miles per hour

A third competition will be held next year. But Musk's SpaceX campus in Hawthorne will be the focus of the Hyperloop world Sunday as it hosts the Hyperloop Pod Competition. Being able to fit a vehicle inside the 13.5 foot diameter tunnel is an important step towards Musk's vision for a futuristic underground transportation system wherein cars wou...

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  • Oil up as USA rigs and refineries brace for hurricane
Oil up as USA rigs and refineries brace for hurricane

Brent crude was 30 cents higher at $52.34. Harvey strengthened into a tropical storm late last night with winds of about 65 km per hour and was located about 705 km southeast of Port Mansfield, Texas, the US National Hurricane Center reported.

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  • Houston's Main Airport Cancels Commercial Flights
Houston's Main Airport Cancels Commercial Flights

Southwest Airlines is issuing a waiver for travel through Monday in and out of Austin, Corpus Christi, Houston , Harlingen and San Antonio. "We were able to move our flights up from 7 o'clock to 1 o'clock to get out so we did". According to FlightAware , 89% of the flights scheduled to leave Bush Intercontinental were scrubbed Sunday, or 547 f...

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  • HPE's Whitman Is 'On The Fence' For Uber CEO Job
HPE's Whitman Is 'On The Fence' For Uber CEO Job

Chairman Jeffrey Immelt was another top contender and presented his vision for the ride-hailing company to the board in recent days, the people said. But Whitman, 61, rebuffed advances by Uber's search committee after her candidacy was made public by Bloomberg and other publications. Uber has been trying to fill the leadership vacuum left by ...

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  • Ulta Downgraded As Beauty Market Slows
Ulta Downgraded As Beauty Market Slows

The Monthly and Yearly performances are -9.57 percent and -15.89 percent respectively. "W$3 hile valuation is now much more reasonable given the stock's recent pronounced pullback, we believe this will be overshadowed by the comp deceleration and concerns over a further slowdown, with the shares likely hard pressed to move meaningfully higher in ...

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  • Grid reliability report shows no threat from adding clean energy sources
Grid reliability report shows no threat from adding clean energy sources

Cheap natural gas and the growth in renewable energy are speeding up the closure of coal and nuclear plants, putting the resilience of the USA electric grid at risk, according to an Energy Department report released on Wednesday. The report questions whether coal and nuclear power plants should receive extra compensation because their fuel supp...

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  • Fed Chair Yellen Rejects Trump Bank Deregulation
Fed Chair Yellen Rejects Trump Bank Deregulation

LT Group was among the best performers, rising 1.62 percent or 0.280 points. US stocks struggled for direction late on Thursday morning, as investors remained cautious ahead of the kickoff of the annual gathering of central bankers at Jackson Hole, Wyoming .

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  • Qatar, Iran patch up new radical ideology as foundation of expanding alliance
Qatar, Iran patch up new radical ideology as foundation of expanding alliance

In a surprise move this week, Qatar announced it would return its ambassador to Iran, almost two years after recalling him out of solidarity with Saudi Arabia . Qatar and Iran share a massive offshore natural gas field that requires communication between the two countries. Analysts believe the unprecedented political crisis in the Persian Gulf...

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