23 July, 2015 by The TZ Newswire Staff Comments Off on As pump prices drop, U.S. motorists splurge on premium gas
As pump prices drop, U.S. motorists splurge on premium gas
U.S. motorists’ habit of filling up with costlier “premium” gasoline when pump prices drop is delivering extra profits to refiners, such as Royal Dutch Shell and traders like Noble Group. For the second time in the past decade, a sharp fall in pump prices has triggered a spike in demand for the higher-octane fuel that has far outpaced the overall rise in consumption. In the first four months of the year, sales of premium grade gasoline – which makes up around a tenth of the market – surged by 12.6 percent, according to the latest data available from the U.S. Energy Information Administration.
23 July, 2015 by The TZ Newswire Staff Comments Off on Uber Won the New York Fight
Uber Won the New York Fight
Uber Technologies Inc. just won its biggest political battle yet, successfully pressuring the mayor of New York to back down in his fight against the ride-hailing company. Along the way, however, Uber took political jabs that could harm its reputation in the long run. Mayor Bill de Blasio lost this round, but staked out the liberal case against the service: Uber hurts workers, ignores the handicapped, clogs the streets and gouges riders with unfair pricing.
23 July, 2015 by The TZ Newswire Staff Comments Off on Higher minimum-wage proposals gain ground on both coasts
Higher minimum-wage proposals gain ground on both coasts
The push for a higher minimum wage gained momentum on both sides of the country, with New York embracing an eventual $15 an hour for the state’s 200,000 fast-food workers and the huge University of California …
23 July, 2015 by The TZ Newswire Staff Comments Off on Syngenta spars with suitor Monsanto over takeover
Syngenta spars with suitor Monsanto over takeover
Syngenta (SYNN.VX) and unwanted suitor Monsanto (MON.N) squabbled over an earnings report from the Swiss pesticides maker on Thursday, with both sides claiming it strengthened their case in a $45 billion takeover battle. Monsanto wants to combine its world-leading seeds business with Syngenta’s own seeds and pesticides. Syngenta has rejected the proposal and refused to open its books, despite the offer of a $2 billion cash payment should the transaction fail to win regulatory approval.
23 July, 2015 by The TZ Newswire Staff Comments Off on Space Jam 2? LeBron signs with Warner Bros
Space Jam 2? LeBron signs with Warner Bros
The NBA star has signed a content deal with Warner Bros. that includes potential projects in film, television and other digital properties.
23 July, 2015 by The TZ Newswire Staff Comments Off on Pearson to soon announce sale of Financial Times?
Pearson to soon announce sale of Financial Times?
Pearson has decided to sell the Financial Times newspaper to a global, digital news company, a person familiar with the deal said on Thursday.
23 July, 2015 by The TZ Newswire Staff Comments Off on Gold Smash Leads to Surge in Demand For Coins, Bars Around World
Gold Smash Leads to Surge in Demand For Coins, Bars Around World
Gold Smash Leads to Surge in Demand For Coins, Bars Around World
– U.S. Mint sees highest monthly gold eagle sales in over two years
– Indians take advantage of low price in a season not typically known for gold buying
– Chinese investors, disillusioned with stock market, are buying gold in large volumes
– Demand for coins from Perth Mint 37% higher in June and even higher for July