6 February, 2015 by The TZ Newswire Staff Comments Off on Building unions return to Kentucky refinery despite Steelworkers’ Picketlines
Building unions return to Kentucky refinery despite Steelworkers’ Picketlines
Workers represented by the Building Trades Unions will return to Marathon Petroleum Corp’s (MPC.N) refinery in Catlettsburg, Kentucky on Monday, even as a strike by the United Steelworkers drags into a second week, documents obtained by Reuters show. The USW began a strike Feb. 1 at nine refineries and chemical plants, including Marathon’s 240,000 barrel-a-day Kentucky plant. Buildings Trades Unions’ workers will not be replacing striking workers’ running the plant, according to the letter.
6 February, 2015 by The TZ Newswire Staff Comments Off on Wall Street firms waver over June 2015 rate hike: Reuters poll
Wall Street firms waver over June 2015 rate hike: Reuters poll
Ten of 19 primary dealers, or the banks that deal directly with the Fed, said they expect the Fed to raise rates by June, compared to 13 of 20 who predicted the hike in a Jan. 9 poll. The Fed last raised rates in 2006 and has held its target policy rate near zero since the financial crisis in late 2008.
6 February, 2015 by The TZ Newswire Staff Comments Off on Shippers suspend weekend cargo loading at U.S. West Coast ports
Shippers suspend weekend cargo loading at U.S. West Coast ports
The loading and unloading of freighters will be suspended at all 29 U.S. West Coast ports this weekend, shipping companies said on Friday, citing chronic cargo backups that the shippers and dockworkers union have blamed on each other during months of labor tensions. Then as now, the companies accused the unions of instigating work slowdowns, and the union blamed management.
6 February, 2015 by The TZ Newswire Staff Comments Off on Betting on the Mouse’s House
Betting on the Mouse’s House
Disney beat estimates with its latest results. Bulls can play the stock by selling puts. Also: CME will close a large swath of floor trading.
6 February, 2015 by The TZ Newswire Staff Comments Off on After Saudi Arabia Crushes The US Shale Industry, This Is Who It Will Go After Next
After Saudi Arabia Crushes The US Shale Industry, This Is Who It Will Go After Next
Whether it is to cripple the will of Putin and end his support of the Syria regime (thus handing the much desired gas-pipeline traversing territory over to Qatari and/or Saudi interests), a hypothesis first presented here in September and subsequently validated by the NYT, or much more simply, just to destroy any and all marginal producer
6 February, 2015 by The TZ Newswire Staff Comments Off on America, We Have A (Drug) Problem
America, We Have A (Drug) Problem
Prescription drug abuse and addiction is becoming a more common form of substance abuse due to the easy availability of pharmaceuticals from physicians. In most cases of prescription drug abuse, the user was prescribed medication for a temporary or long-term medical condition. Occasionally, individuals begin to use a family member or friend’s medication, leading to steadily needing more of the drug to keep feeling its physical and mental effects.