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By in Business on February 5, 2017
BUSINESS • World
Frackers Bet on New Terminals to Boost Oil Exports
October 22, 2018
Companies plan to expand U.S. port infrastructure as existing shipping ports are ill-equipped to handle the growing crude oil load.
Search for Amazon HQ2 Sparks Real-Estate Speculation
October 22, 2018
Real-estate investors are poised to buy up property in whichever city Amazon.com picks for its second headquarters. Some bold investors aren’t waiting.
Company News
Business Highlights
India offloading US Treasuries to support national currency & buy gold
October 22, 2018
Preview The Reserve Bank of India (RBI) is cutting down on its holding of US Treasuries, joining a number of countries which have been dumping US debt to bolster domestic economies.
Read Full Article at RT.com
US pressures SWIFT to cut off Iran from global banking transactions to enforce sanctions
October 22, 2018
Preview The US aims to disconnect Iran from the SWIFT global payment network as part of new economic sanctions against the Islamic Republic in November. Disconnection from network would make it difficult for Iran to get paid for exports.
Read Full Article at RT.com
International Business
He’s a Long-Shot Senate Candidate With a Message: ‘Capitalism Unchecked Is a Complete Disaster’
October 22, 2018
Zak Ringelstein is running against Maine’s Senator Angus King, who is heavily favored to win in November. But for Mr. Ringelstein’s supporters, it’s the message that matters most.
Wall Street Drops as China Support Fades, Earnings Disappoint
October 22, 2018
The S&P 500 and Dow Jones Industrial Average traded slightly lower on Monday, as early gains tracking a rally in China market faded with oil and financial stocks pushing the indexes lower.
The Trade War’s Latest Casualties: China’s Coddled Cats and Dogs
October 22, 2018
Some Chinese pet owners don’t trust local food and will even taste it themselves before serving it. For them, the fight means fewer and pricier choices.