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Oil and Gas News

U.S. Republicans forge tax deal, final votes seen next week

U.S. Republicans forge tax deal, final votes seen next weekCongressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy Americans. Under an agreement between the House of Representatives and the Senate, the corporate tax would be 1 percentage point higher than the 20 percent rate earlier proposed, but still far below the current headline rate of 35 percent, a deep tax reduction that corporations have sought for years.


Posted on 14 December 2017 | 12:14 am

This Is Good News for Bank of America Stock

This Is Good News for Bank of America StockHigher interest rates mean higher revenue at Bank of America.


Posted on 14 December 2017 | 12:10 am

Microsoft and Google Don't Want Broadcom to Buy Qualcomm

Microsoft and Google Don't Want Broadcom to Buy QualcommThe tech giants believe that the proposed mega-merger heavily favors Apple.


Posted on 14 December 2017 | 12:06 am

Apple didn't make an equity investment in Finisar (AAPL, FNSR)

Apple didn't make an equity investment in Finisar (AAPL, FNSR)Apple announced on Wednesday it is giving one of its laser manufacturers, Finisar, $390 million. CNBC's Jim Cramer, for example, called it a "fantastic" deal and said it turned the chipmaker into an "entirely different company" in a bullish take on the deal.


Posted on 13 December 2017 | 10:30 pm

Lockheed Martin may top Boeing in race to supply Canada jets - experts

Lockheed Martin may top Boeing in race to supply Canada jets - expertsCanada's decision to make it harder for Boeing Co (BA.N) to win a major jet order hands rival plane maker Lockheed Martin Corp (LMT.N) an advantage in capturing the contract, defence experts said on Wednesday. Ottawa on Tuesday scrapped plans to buy 18 Boeing Super Hornets and made clear the company would not win a contract for 88 jets unless it dropped a trade challenge against Canadian planemaker Bombardier Inc (BBDb.TO). Last week Boeing made clear it would not back down in its fight against Bombardier, which it accuses of trying to dump airliners on the U.S. market.


Posted on 13 December 2017 | 10:25 pm

Delta may place order for 100 Airbus A321neo jets: sources

Delta may place order for 100 Airbus A321neo jets: sourcesPARIS/NEW YORK (Reuters) - Delta Air Lines (DAL.N) looked close on Wednesday to placing an order for 100 Airbus (AIR.PA) A321neo jets in a boost for the European planemaker as it tries to narrow a 2017 order gap against Boeing (BA.N), two people familiar with the matter said. The A321neo has a significant lead in market share over equivalent Boeing narrowbody models, but faces potential competition from a new mid-market jet being studied by Boeing and for which the U.S. firm may start seeking offers next year.


Posted on 13 December 2017 | 10:11 pm

The premium-fuel secret: You almost never need it

The premium-fuel secret: You almost never need itBut definitely use premium if the cap says it's "Required."


Posted on 13 December 2017 | 9:40 pm

Three-fourths of Republican voters say they support net neutrality — and party lawmakers are starting to speak out against repealing it

Three-fourths of Republican voters say they support net neutrality — and party lawmakers are starting to speak out against repealing itThe Republican-led Federal Communications Commission will vote to repeal its net neutrality rules on Thursday. Some Republican members of Congress are asking the FCC chairman to delay the vote. A recent poll found three out of four Republican voters want to keep the net neutrality rules.


Posted on 13 December 2017 | 9:19 pm

Rubio Might Be the Last Hurdle Left for the GOP Tax Plan

Rubio Might Be the Last Hurdle Left for the GOP Tax PlanRepublican Senator Marco Rubio is facing a choice of whether his vote will match his tweets and become a roadblock to major tax legislation that his party leaders are rushing toward a final vote.


Posted on 13 December 2017 | 8:38 pm

Fears of Israeli job cuts at Teva sparks call for general strike

Fears of Israeli job cuts at Teva sparks call for general strikeReports that Teva Pharmaceutical Industries is planning a restructuring involving mass layoffs in Israel sparked calls on Wednesday for a half-day general strike to be held in protest. The plan includes closing Teva's research and development centre in the coastal city of Netanya, selling its logistics centre in Shoham and cutting 3,300 jobs out of 6,430 nation-wide, the Israeli financial news website Calcalist reported. Teva, the world's largest generic drug maker which employs more than 56,000 people, did not comment on the details of the report.


Posted on 13 December 2017 | 7:05 pm

How T-Mobile Plans to Replace Your Cable TV Provider

How T-Mobile Plans to Replace Your Cable TV ProviderHow T-Mobile Plans to Replace Your Cable TV Provider


Posted on 13 December 2017 | 6:42 pm

The Trump tax cuts will help Republicans more than Democrats

The Trump tax cuts will help Republicans more than DemocratsThe tax cuts Congress is likely to pass by the end of the year will benefit many Americans, harm some and leave others unaffected. Perhaps it’s no surprise that Republicans across the country will benefit more from the cuts than Democrats or Independents, according to a new Yahoo Finance analysis of election data. The legislation, likely to pass with majority Republican support and virtually no Democratic votes, will generally provide bigger tax cuts for higher earners, in terms of both the percentage increase in after-tax income, and the dollar value of that income.


Posted on 13 December 2017 | 6:41 pm

RBC: Nvidia can’t profit from bitcoin anymore — but the boost from cryptocurrencies is just getting started (NVDA)

RBC: Nvidia can’t profit from bitcoin anymore — but the boost from cryptocurrencies is just getting started (NVDA)Some have argued that the boost Nvidia has seen from cryptocurrency mining is over, but one analyst thinks differently. Alt-coins have been exploding in value and could provide another big boost to Nvidia's bottom line. Some analysts have already called for the end of the crypto boom for Nvidia, but Mitch Steves, an analyst at RBC Capital Markets, thinks differently.


Posted on 13 December 2017 | 4:50 pm

Fired From Your Last Job? How to Talk About It During an Interview

Fired From Your Last Job? How to Talk About It During an InterviewIt can make a prospective employer question your loyalty, your work ethic, even your personality. Whether you like it or not, if you have been let go, this is an issue you will have to address and pass with flying colors to get to the next level in your job interview. It will be worse for you if the hiring manager finds out that you lied to them.


Posted on 13 December 2017 | 4:39 pm

Housing Finance Bill Critical for Fannie Mae and Freddie Mac

Housing Finance Bill Critical for Fannie Mae and Freddie MacThe Senate is reportedly working on a draft of a house financing reform bill that could have huge implications for Fannie Mae and Freddie Mac. Since 2012, all of Fannie and Freddie's profits have been turned over to the government under the terms of their bailouts during the financial crisis. The good news for Fannie and Freddie started in May when Federal Housing Finance Agency director Mel Watt said it would be irresponsible to keep the two government-sponsored entities under government conservatorship without recapitalizing them to provide a cushion in the event of another housing market downturn.


Posted on 13 December 2017 | 2:39 pm

Bought Apple Stock in 1980? Held It? Don't Brag

Bought Apple Stock in 1980? Held It? Don't BragAn investor who purchased at the IPO price is rich today. But nobody can say they saw it coming.


Posted on 13 December 2017 | 10:00 am

FBI agents called Trump an 'idiot' during presidential race

FBI agents called Trump an 'idiot' during presidential raceTwo FBI agents insulted President Donald Trump before he took office, according to NBC News.


Posted on 13 December 2017 | 3:27 am

3 Top Marijuana Stocks to Buy Now -- Plus 2 Bonus Ideas

3 Top Marijuana Stocks to Buy Now -- Plus 2 Bonus IdeasIf you're looking for marijuana stocks that can be added to your investment portfolios, then you might want to consider these pure-play and backdoor cannabis companies.


Posted on 13 December 2017 | 2:01 am

Ex-Trump Aide Carter Page Tries to Scuttle AT&T-Time Warner Deal

Ex-Trump Aide Carter Page Tries to Scuttle AT&T-Time Warner DealEx-Trump Aide Carter Page Tries to Scuttle AT&T-Time Warner Deal


Posted on 13 December 2017 | 12:32 am

Donald Trump Signs Federal Ban on Kaspersky Lab Software

Donald Trump Signs Federal Ban on Kaspersky Lab SoftwareDonald Trump Signs Federal Ban on Kaspersky Lab Software


Posted on 12 December 2017 | 11:22 pm

What Is Litecoin, and Why Is It Beating Bitcoin This Year?

What Is Litecoin, and Why Is It Beating Bitcoin This Year?What Is Litecoin, and Why Is It Beating Bitcoin This Year?


Posted on 12 December 2017 | 11:01 pm

The man who called the bitcoin rally sees this for liteco...

The man who called the bitcoin rally sees this for liteco...Mike Novogratz, Galaxy Investment Partners CEO, discusses whether he would buy litecoin over bitcoin.


Posted on 12 December 2017 | 10:25 pm

The ‘Mother of All Technical Corrections Bills’ Is Coming for the GOP Tax Plan

The ‘Mother of All Technical Corrections Bills’ Is Coming for the GOP Tax PlanThe various loopholes and accounting maneuvers created by the rushed tax overhaul will make a follow-up bill with technical corrections necessary. House Ways and Means Chairman Kevin Brady confirmed on Monday that Republicans will likely have to work up such a bill. "There are always technical corrections bills,” Martin Sullivan of Tax Analysts tweeted Monday.


Posted on 12 December 2017 | 8:58 pm

Coinbase suspends ethereum buys and sells twice in one day

Coinbase suspends ethereum buys and sells twice in one dayCoinbase, the leading U.S. platform for buying and selling cryptocurrencies, said twice in a day that transactions in ethereum were "temporarily disabled."


Posted on 12 December 2017 | 8:17 pm

Trump: A recession will never happen to me

Trump: A recession will never happen to meThe Trump administration projects annual average GDP growth of 2.9% per year through 2027. That outlook is suspiciously rosy.


Posted on 12 December 2017 | 7:52 pm

Gov. Brown Says 'Stupid' Tax Bill Punishes California

Gov. Brown Says 'Stupid' Tax Bill Punishes CaliforniaDec.12 -- California Governor Jerry Brown discusses the economic costs of climate change and tax reform with Bloomberg's David Westin on "Bloomberg Markets: Balance of Power."


Posted on 12 December 2017 | 7:37 pm

The new mayor of San Francisco, home of the most expensive real estate in America, is a 'life-long renter'

The new mayor of San Francisco, home of the most expensive real estate in America, is a 'life-long renter'San Francisco mayor Ed Lee died of a heart attack on Tuesday morning at age 65. Breed is a native of San Francisco who grew up in public housing and described herself as a "life-long renter" in an op-ed last year. San Francisco Mayor Ed Lee died suddenly of a heart attack on Tuesday morning.


Posted on 12 December 2017 | 6:50 pm

CNBC Fed Survey: 80 percent of economists say bitcoin is ...

CNBC Fed Survey: 80 percent of economists say bitcoin is ...CNBC's Steve Liesman reports the results of the CNBC Fed Survey, including respondents' answers about bitcoin.


Posted on 12 December 2017 | 6:03 pm

Intel Corp. Expects to Sample 10-Nano FPGAs in 2018

Intel Corp. Expects to Sample 10-Nano FPGAs in 2018Intel's investments to accelerate its FPGA roadmap may pay off.


Posted on 12 December 2017 | 6:00 pm

The $179,000 Shelby Mustang GT500 Is a Brilliant Modern Spin on a Classic

The $179,000 Shelby Mustang GT500 Is a Brilliant Modern Spin on a ClassicA partial recreation of the classic ‘60s muscle car will give you contemporary power with vintage good looks.


Posted on 12 December 2017 | 5:42 pm

Rand Paul says he cannot vote to add more to ‘massive’ US...

Rand Paul says he cannot vote to add more to ‘massive’ US...CNBC's Ylan Mui reports on comments from Sen. Rand Paul about the GOP tax reform bill.


Posted on 12 December 2017 | 5:42 pm

How Tax Reform Treats Dividends and Capital Gains

How Tax Reform Treats Dividends and Capital GainsDespite the goal of simplifying taxes, this key provision builds even more complexity into the system for investors.


Posted on 12 December 2017 | 5:32 pm

The Real Struggle for Tesla Inc Is Focus, Not Innovation

The Real Struggle for Tesla Inc Is Focus, Not InnovationBreaking through paradigms is something Tesla CEO Elon Musk appears to have been born to do. With the company’s recent announcements that it intends to take many more steps into reshaping the entire electric vehicle (EV) industry, investors are left wondering what such creations will mean for TSLA’s bottom line in the years to come. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The company would be introducing an electric Semi truck with the ability to go up to 500 miles on a single charge, and be able to charge 400-miles worth of power in 30 minutes with a revamped supercharger system.


Posted on 12 December 2017 | 4:56 pm

Northrop Grumman Stock Upgraded: What You Need to Know

Northrop Grumman Stock Upgraded: What You Need to KnowJPMorgan switches out Raytheon for Northrop on its buy list.


Posted on 12 December 2017 | 4:40 pm

A Decade Out From the Financial Crisis, Fannie Mae Has Bounced Back in a Big Way

A Decade Out From the Financial Crisis, Fannie Mae Has Bounced Back in a Big WayThey are once again turning a profit, and looking to the company's future in the digital age.


Posted on 12 December 2017 | 3:48 pm

The Microsoft Corporation Bull Run Isn’t Over — Another 200% Gain Is Waiting

The Microsoft Corporation Bull Run Isn’t Over — Another 200% Gain Is WaitingAfter winning big back in October, it’s time once again to take a look at Microsoft Corporation (NASDAQ:MSFT). Let’s take a quick look back at MSFT stock over the past couple of months. Microsoft’s earnings were impressive, blowing away the consensus estimate and pushing MSFT stock to fresh multi-year highs north of $80.


Posted on 12 December 2017 | 3:42 pm

Suze Orman says most people miss out on saving up to $100,000 on a home

Suze Orman says most people miss out on saving up to $100,000 on a homeSuze Orman points out the pitfalls of making one popular choice when it comes to investing in real estate.


Posted on 12 December 2017 | 3:02 pm

People are putting their homes at risk to buy Bitcoin

People are putting their homes at risk to buy BitcoinBitcoin hit a new all-time high on Monday. The cryptocurrency has soared over the last two years, and regular Americans have started to get interested. Some people have reportedly taken out mortgages to buy Bitcoin, while others are paying for the cryptocurrency with their credit cards, according to CNBC.


Posted on 12 December 2017 | 2:40 pm

World Wrestling (WWE) on Fire: What is Driving the Stock?

World Wrestling (WWE) on Fire: What is Driving the Stock?Shares of World Wrestling Entertainment (WWE) are riding high on record revenue growth and strategic initiatives.


Posted on 12 December 2017 | 2:32 pm

Golden State Warriors co-owner Palihapitiya weighs in on ...

Golden State Warriors co-owner Palihapitiya weighs in on ...Chamath Palihapitiya, Social Capital founder and Golden State Warriors co-owner, speaks about anthem protests in sports and what he sees as a person of color as well as a team owner.


Posted on 12 December 2017 | 1:30 pm

Mugabe Takes First Trip Abroad Since Resigning

Mugabe Takes First Trip Abroad Since ResigningZimbabwe's presidential spokesman says former leader Robert Mugabe and his wife, Grace, are on their first trip abroad since Mugabe resigned last month under pressure from the military and ruling party....


Posted on 12 December 2017 | 12:37 pm

Facebook Is 'Ripping Apart' Society, Former Executive Warns

Facebook Is 'Ripping Apart' Society, Former Executive WarnsFacebook Is 'Ripping Apart' Society, Former Executive Warns


Posted on 12 December 2017 | 12:21 pm

Why Is Ford Offering Aggressive 0% (Zero?) Financing on Its Industry Leading F-150?

Why Is Ford Offering Aggressive 0% (Zero?) Financing on Its Industry Leading F-150?The Ford F-150 pickup has been the top-selling vehicle in the United States for decades. So, why is the manufacturer offering an aggressive 0% financing for the truck?


Posted on 12 December 2017 | 11:40 am

3 Reasons to File for Social Security On Time

3 Reasons to File for Social Security On TimeDon't put off starting to collect Social Security just because you'll get bigger checks. There are some solid reasons to start receiving your benefits on time -- or even earlier.


Posted on 12 December 2017 | 11:30 am

3 Retirement Accounts That May Be Better Than a 401k

3 Retirement Accounts That May Be Better Than a 401kIf you don't have a 401k, don't fret -- these other retirement accounts can actually be a better deal.


Posted on 12 December 2017 | 11:03 am

Marshall Faulk Among 7 NFL Network Employees Accused in Sexual Harassment Lawsuit

Marshall Faulk Among 7 NFL Network Employees Accused in Sexual Harassment LawsuitMarshall Faulk Among 7 NFL Network Employees Accused in Sexual Harassment Lawsuit


Posted on 12 December 2017 | 11:01 am

Iran Guards Commander Says Ready to Back Palestinian Forces

Iran Guards Commander Says Ready to Back Palestinian ForcesIranian Revolutionary Guards commander Qassem Soleimani says his nation is ready to support Palestinian forces in the Gaza Strip, days after the U.S. recognized Jerusalem as Israel’s capital.


Posted on 12 December 2017 | 8:21 am

Woman Rear-Ended by Tractor-Trailer in Construction Zone Settles for $500k

Woman Rear-Ended by Tractor-Trailer in Construction Zone Settles for $500kDonna Harrison—who had two surgeries to her left ankle following a 2015 car crash on I-84 in Waterbury in which she was rear-ended by a tractor-trailer—has settled the case for $500,000.


Posted on 12 December 2017 | 7:01 am

Bergen Prosecutor Grewal to Be Next Attorney General, Murphy Says

Bergen Prosecutor Grewal to Be Next Attorney General, Murphy SaysGov.-elect Phil Murphy on Tuesday announced his intention to nominate Bergen County Prosecutor Gurbir Grewal to be the state's next attorney general.


Posted on 12 December 2017 | 6:12 am

2018 Honda Clarity Plug-In Hybrid Review | It's what's on the inside that counts

2018 Honda Clarity Plug-In Hybrid Review | It's what's on the inside that countsWith 47 miles of electric range, an impressive interior and plenty of standard content, this Clarity PHEV is not to be overlooked.


Posted on 12 December 2017 | 5:01 am

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