Barchart news. Oil jumps after stocks cut into
Post# of 63843
Posted On: 06/24/2013 5:19:09 PM
Barchart news.
The price of oil had a sudden burst Monday after the stock market tried to put the brakes on a four-day skid. ( full story )
 SAO PAULO (AP) — Under pressure after more than a week of nationwide protests, Brazilian leader Dilma Rousseff said Monday her government will spend $23 billion more on public transportation and announced five core areas that leaders will focus on to speed political reform and improvements to government services. ( full story ) |
| SIOUX FALLS, S.D. (AP) — Scattered rain showers and warmer temperatures are helping to advance crop development in South Dakota ( full story ) |
| NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: ( full story ) |
| Kevin Durant has become the first NBA star to sign with Jay-Z's Roc Nation agency. ( full story ) |
| WASHINGTON (AP) — An independent panel is recommending the World Bank scrap a contentious ranking of countries meant to evaluate the ease of doing business. ( full story ) |
| TRENTON, N.J. (AP) — New Jersey lawmakers have approved a bill that would allow gas stations to get zero-interest loans to pay for wiring stations to generators. ( full story ) |
| MONTGOMERY, Ala. (AP) — Agriculture, forestry and related industries have an annual economic impact in Alabama of $70.4 billion, according to new statistics prepared for counties in the state. ( full story ) |
 PITTSBURGH (AP) — New research in Pennsylvania demonstrates that it's hard to nail down how often natural gas drilling is contaminating drinking water: One study found high levels of methane in some water wells within a half-mile of gas wells, while another found some serious methane pollution occurring naturally, far away from drilling. ( full story ) |
| COLUMBUS, Ohio (AP) — An independent review board has upheld an order revoking the permits of a northeast Ohio injection-well operator whose former executive is charged with violating the federal Clean Water Act. ( full story ) |
| ST. PAUL, Minn. (AP) — Another week of wet weather has held up crop progress across Minnesota. ( full story ) |
| AYNOR, S.C. (AP) — The CEO of a Connecticut gun company moving to South Carolina because of the southern state's less restrictive gun laws says he is no longer sad, but angry he felt like he had to leave his home state. ( full story ) |
| NEW YORK (AP) — Shares of Vivus Inc. fell Monday after its largest stakeholder sent a letter to the obesity drug maker's shareholders urging them to replace the company's board with a slate of nominees. ( full story ) |
| As part of its effort to find new revenue sources, Demand Media has bought the website Society6, where customers can buy art prints, T-shirts, phone cases and other items, for about $94 million in cash and stock. ( full story ) |
 LOS ANGELES (AP) — A newly renovated terminal at Los Angeles International Airport could make it tough to remember there's a plane to catch. ( full story ) |
| NEW ORLEANS (AP) — The U.S. Supreme Court on Monday declined on Monday to review the dismissal of a landmark ruling that the Army Corps of Engineers was liable for billions of dollars in Hurricane Katrina flood damage that property owners blame on the corps' maintenance of a New Orleans shipping channel. ( full story ) |
 WASHINGTON (AP) — President Barack Obama campaigned from the White House for immigration legislation on Monday in advance of a Senate test vote on a bill calling for more than $30 billion worth of new security measures along the border with Mexico and offering a chance at citizenship for millions living in the country illegally. ( full story ) |
| BATON ROUGE, La. (AP) — LSU continued to shrink its hospital management footprint Monday, turning over its health facilities in four cities to private operators, including a shift in New Orleans that has caused delays in non-emergency services. ( full story ) |
| COLUMBUS, Ohio (AP) — An independent review board has upheld the state oil-and-gas chief's order revoking the permits of a northeast Ohio injection-well operator. ( full story ) |
SANTIAGO, Chile (AP) — A controversial plan to power central Chile by damming Patagonian rivers is doable, the project's head said Monday, dismissing criticism from leading presidential candidate Michelle Bachelet that HidroAysen is not viable. ( full story )
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| THE DEAL: Britain's Vodafone PLC has launched a takeover bid for Kabel Deutschland, valuing Germany's biggest cable operator at about $10.2 billion. ( full story ) |
 NEW YORK (AP) — Samsung is expanding its lineup of tablet computers and making them look more like its Galaxy smartphones, as it hopes to translate its success in phones to the tablet market, where Apple is dominant. ( full story ) |
 WASHINGTON (AP) — The Internal Revenue Service's screening of groups seeking tax-exempt status was broader and lasted longer than has been previously disclosed, the new head of the agency said Monday. ( full story ) |
 The stock market recovered much of a nearly swoon caused by the latest signs of distress in China's economy and rising U.S. bond yields. ( full story ) |
| WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. ( full story ) |
| ALBANY, N.Y. (AP) — As New York moves to expand gambling, Gov. Andrew Cuomo and legislative leaders have quietly deleted a proposed ban on accepting campaign contributions from casino operators. ( full story ) |
| NEW YORK (AP) — Gary David Goldberg, who created the hit sitcom "Family Ties" and expanded into feature films, has died. ( full story ) |
| PROVIDENCE, R.I. (AP) — Discussion on whether Rhode Island should pay the debts associated with its failed investment in 38 Studios will likely dominate Tuesday night's General Assembly debate on an $8.2 billion state budget proposal. ( full story ) |
| OLYMPIA, Wash. (AP) — Washington state agencies prepared Monday to notify thousands of government workers that they may be temporarily laid off starting next week. ( full story ) |
| LITTLE ROCK, Ark. (AP) — Arkansas officials are holding two public hearings next month on the state's plan to use federal Medicaid dollars to purchase private insurance for thousands of low-income residents. ( full story ) |
| Metals prices closed broadly lower Monday, while energy prices ended mixed. Wheat fell almost 3 percent. ( full story ) |
| OKLAHOMA CITY (AP) — A state board led by Oklahoma Gov. Mary Fallin has approved the final certification of general revenue available to fund state government for the fiscal year that begins July 1. ( full story ) |
| NEW YORK (AP) — Key currency exchange rates Monday, compared with late Friday in New York: ( full story ) |
| NEW YORK (AP) — Shares of homebuilding companies were mixed Monday as the broader market fell. A new report by Goldman Sachs analysts predicts that gradually rising interest rates won't slow the housing market recovery in the near future and new home sales will increase 16 percent annually through 2017. ( full story ) |
 SAO PAULO (AP) — Brazilian leader Dilma Rousseff scrambled to contain nationwide protests Monday by meeting with the leaders of a free-transit activist group that launched the first demonstrations more than a week ago and has called for new actions Tuesday. ( full story ) |
 NEW YORK (AP) — Jim Carrey says that he cannot support the violence of his upcoming superhero action flick "Kick-Ass 2" in the wake of the Sandy Hook Elementary massacre. ( full story ) |
| NEW YORK (AP) — Olive Garden is trying to figure out the way people want to eat by testing two different types of dishes — small plates and family-style dinners. ( full story ) |
 WASHINGTON (AP) — Fewer than 100 days before uninsured Americans can sign up for coverage, Health and Human Services Secretary Kathleen Sebelius said Monday the administration is gearing up with new call centers, a revamped website — and a confab with the National Football League. ( full story ) |
 WASHINGTON (AP) — Social Security is approving disability benefits at strikingly high rates for people whose claims were rejected by field offices or state agencies, according to House investigators. Compounding the situation, the agency often fails to do required follow-up reviews months or years later to make sure people are still disabled. ( full story ) |
AUSTIN, Texas (AP) — The Republican-dominated Texas Legislature pushed Monday to enact wide-ranging restrictions that would effectively shut down all abortion clinics in the nation's second most-populous state, and Democrats planned an old-fashioned marathon filibuster to stop the final vote. ( full story )
| NEWARK, N.J. (AP) — Rap star "Fat Joe" faces sentencing after admitting he failed to file federal income taxes. ( full story ) |
| TEMPE, Ariz. (AP) — US Airways said Monday that the Department of Transportation tentatively awarded it permanent rights to operate daily, year-round flights between Sao Paulo, Brazil, and the airline's hub in Charlotte, N.C. ( full story ) |
 BERKELEY, Calif. (AP) — Posing for a photograph in front of the refurbished front porch of her Chez Panisse restaurant, chef Alice Waters smiles as a passer-by calls out, "Looking good!" ( full story ) |
| LONDON (AP) — Writer Michael Baigent, who gained attention for launching a lawsuit contending that "The Da Vinci Code" stole ideas from his own book, has died of a brain hemorrhage at age 65. ( full story ) |
| PHILADELPHIA (AP) — A hunger strike to protest massive layoffs in the Philadelphia school district is in its eighth day. ( full story ) |
| NEW YORK (AP) — Ousted Men's Wearhouse founder George Zimmer has quit the company's board. ( full story ) |
 DALLAS (AP) — Former U.S. Senator and GOP presidential candidate Rick Santorum has been named CEO of a company that makes movies meant for a Christian audience. ( full story ) |
 ATHENS, Greece (AP) — Members of Greece's minority Socialist party were handed key posts in a cabinet reshuffle Monday, following a political crisis over the decision by Prime Minister Antonis Samaras to shut state broadcaster ERT. ( full story ) |
| NEW YORK (AP) — Shares of Apple Inc. fell under $400 for the first time in two months, as an analyst cut his estimate for iPhone production. ( full story ) |
| WASHINGTON (AP) — New IRS chief says inappropriate screening of groups was broader, lasted longer than disclosed. ( full story ) |
 ROME (AP) — Italy's equal opportunities minister, a German-born, eight-time Olympic kayaker, has resigned over tax troubles in a case with both racist and sexist overtones. ( full story ) |
 WASHINGTON (AP) — A sharply divided Supreme Court on Monday decided to make it harder for Americans to sue businesses for retaliation and discrimination, leading a justice to call for Congress to overturn the court's actions. ( full story ) |
| BANKING ON IRAQ: Citigroup Inc. is set to become the first American bank to open an office of its own in Baghdad, highlighting financial firms' growing interest in Iraq. ( full story ) |
 NEW YORK (AP) — Paula Deen lost another part of her empire on Monday: Smithfield Foods said it was dropping her as a spokeswoman. ( full story ) |
 Wall Street is jittery. ( full story ) |
| NEW YORK (AP) — BACK TO THE STOCK MARKET: Luxury retailer Neiman Marcus plans to raise up to $100 million by returning to the market with an initial public offering of stock. ( full story ) |
| LOS ANGELES (AP) — Features of the new Tom Bradley International Terminal at Los Angeles airport, which partially opens in August: ( full story ) |
| MINNEAPOLIS (AP) — Target Corp. said Monday that Mary Dillon has resigned from its board, effectively immediately. ( full story ) |
| NEW YORK (AP) — Twinkies aren't the only cakes getting ready for a comeback — so are Drake's cakes, which include Devil Dogs, Funny Bones and Yodels. ( full story ) |
| ATLANTA (AP) — An Atlanta-based company has announced plans to hire more than 200 new employees by the end of July. ( full story ) |
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