The Traderszone Network

Ford, moving to keep up with growing demand for its new F-150 pickup, is hiring more workers to support increased production.

A TransAsia Airways flight with 58 on board, including five crew members, crash landed in a river in Taipei on Wednesday, various media have reported.

A TransAsia plane carrying 58 passengers, including five crew members, crashes in a river in Taiwan’s capital.
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Oil rallied off post-crisis lows, possibly marking the rout’s bottom as producers’ cutbacks begin pinching supply, analysts said.

While the markets are still debating whether the price of oil is more impacted by the excess pumping of crude here, or the lack of demand there, or if it is all just a mechanical squeeze by momentum-chasing HFT algos who also know to buy in the milliseconds before 2:30pm, we bring readers’ attention back to what several months ago was debunked as a deep conspiracy theory.

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Two weeks ago we reported that “the next victim of crashing oil prices has been identified: housing“, particularly non-residential construction among the energy producing regions, where the capex collapse reality is already being felt far and wide. Eventually, once the overall economy of these same oil producing regions is impacted sufficiently, the pain would spread to residential housing as well, as the energy boom that kept the local economies humming for years, turns to a bust.

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Netflix appeared to be experiencing widespread outage on Tuesday night, according to tweets from users.