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US set to export oil

US set to export oil

U.S. crude oil producers are banned from exporting crude, but if they treat it just a little bit, they can ship it to foreign buyers. And that’s what the hullaballoo is about today after the Wall Street Journal reported U.S. Commerce Department rulings that allow two companies, Pioneer Natural Resources (PXD) and Enterprise Products Partners (EPD) to export condensate, a ... Read More »

Riot Games : Company pays workers to quit

Riot Games : Company pays workers to quit

An American video games company pays unhappy employees up to $25,000 to quit – even if they’ve only just been recruited. Riot Games, makers of the smash-hit PC game “League of Legends”, wants to cut ties with newly-appointed staff members if it’s immediately clear they’re inappropriate for the role. Read More »

US : Gas tax hike ahead?

US : Gas tax hike ahead?

Gas prices could be heading even higher if a new bill to increase the federal gas tax gains any traction in Washington. The proposal, introduced by Senators Chris Murphy (D-Connecticut) and Bob Corker (R-Tennessee), is meant to raise $164 billion over ten years with a 12 cent a gallon gas tax increase. Supporters of transportation spending believe the Highway Trust ... Read More »

California : Dunkin’ Donuts expanding

California : Dunkin' Donuts expanding

A representative from Dunkin’s Donuts announced Tuesday that the company is preparing to launch branches in California before the year ends, Reuters reported. This will mark the first time the baked goods and coffee shops will appear in the state after a 12-year-long absence. Dunkin’s Donuts, which was previously managed by a different corporation, left California in 2002 after it ... Read More »

$10 million yacht sinks at launching (Video)

$10 million yacht sinks at launching

A new, $10-million yacht that sank as it was being launched Sunday in Anacortes, Washington, has been pulled upright while the Coast Guard investigates what went wrong. After an attempt to deliver the yacht to its owner went awry, first responders were forced to hack at the luxury vessel with a fire axe to rescue one of the ship builders ... Read More »

Gisele Bundchen and Tom Brady’s sprawling new Boston mansion, Report

Gisele Bundchen and Tom Brady's sprawling new Boston mansion, Report

We know, you’ve been waiting on pins and needles, but the 18,298-square foot Tom Brady-Gisele Bundchen monstrosity of a mansion in Los Angeles has finally been officially sold to Dr. Dre. This, according to the Los Angeles Times, means that the massive house, which the Boston power couple spent four years designing and building, has been sold after barely a ... Read More »

Southwest Airlines fined $200K for false TV ads

Southwest Airlines fined $200K for false TV ads

The U.S. Department of Transportation (DOT) said Thursday that Dallas-based Southwest Airlines has been fined $200,000 for violating the full-fare advertising rule. DOT says Southwest Airlines advertised on TV in Atlanta last October that flights to Chicago, New York and Los Angeles were only $59 on some dates. Read More »

Target Reports 16% Drop in Earnings, Report

Target Reports 16% Drop in Earnings, Report

Target Corp.’s profit fell 16% as the retailer ramped up discounts to win shoppers back after its massive data breach and as losses mounted at its Canadian operation, highlighting the depths of the challenges that forced out Chief Executive Gregg Steinhafel earlier this month. Read More »