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GE is on pace for its best 2-day run in over 3 years

24 days ago   |   By

Reuters/Alwyn Scott
General Electric shares are seeing their biggest two-day gain since April 2015.
The rally comes after GE was dropped from the Dow Jones industrial average and as the company pursues a corporate reorganization.
Watch GE trade in real time here.
General Electric is on track for its best two days of gains in over three years.
Shares have rallied 11.8% since Monday's close, and are looking at their best two-day advance since April 2015. That's when they gained 14% following news GE was selling the bulk of its finance unit and returning up to $90 billion to investors. See...
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In the world's biggest cocaine producer, cultivation has hit an 'all time high' and the new president is vowing harsh measures that will please Trump

In the world's biggest cocaine producer, cultivation has hit an 'all time high' and the new president is vowing harsh measures that will please Trump

24 days ago   |   By

REUTERS/Fredy Builes
Coca cultivation in Colombia rose again in 2017, though the increase was lower than past years.
The US government also connected increased production to increased cocaine use in the US.
Colombia's president-elect is expected to pursue more aggressive security and counter-drug policies.
The consistent increase in coca cultivation that Colombia has seen in recent years continued in 2017, although at a slightly slower pace, the US Office of National Drug Control Policy said on June 25.
Cultivation of coca, cocaine's base ingredient , went up 11% in 2017, rising from...
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Oil is rallying toward fresh highs as US crude inventories see biggest drop since 2016

Oil is rallying toward fresh highs as US crude inventories see biggest drop since 2016

24 days ago   |   By

Reuters/Jim Urquhart
Oil was up more than 2% on Wednesday.
US crude inventories dropped by 9.9 million barrels last week, a larger-than-expected drawdown.
Watch oil trade in real time here.
Oil rallied more than 2% n Wednesday as data showed US crude inventories last week saw the largest drawdown in nearly two years.
West Texas Intermediate climbed as much as 2.8% to 72.77 a barrel, approaching a year-to-date high of $72.83. Brent, the international benchmark, was up 1.62% to $77.80 a barrel at 11:15 a.m. ET. See the rest of the story at Business Insider NOW WATCH: Learning to celebrate...
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Someone Explain Why the First Motorized Bus Looks Like Something Off a...

Someone Explain Why the First Motorized Bus Looks Like Something Off a Horror Movie Set

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'When he gets into bunker mode, he kind of goes back to his true believers'...

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Mark Wilson/Getty Images President Donald Trump faced a public relations crisis following his summit with Russian President Vladimir Putin this week. In watching the week's... Read more ...

Jeep and Ram Boss Mike Manley Named Fiat Chrysler CEO, Replaces Ailing...

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Wayfair's Black Friday in July Sale Offers Up to 70% Off Pretty Much Everything

Wayfair's Black Friday in July Sale Offers Up to 70% Off Pretty Much Everything

Wayfair's running their own version of Prime Day with today's Black Friday in July sale. You can save up to 70% off a laundry list of home decor items like wall art, area rugs... Read more ...

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Licensing fee reduction to boost tourism players' profits

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EDGE, Steak & Bar at Four Seasons Hotel Miami Reveals Summer Menu

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Crocodile Dundee campaign boosts Oz tourism

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Some people questioned when Tourism Australia launched a $36-million campaign involving Crocodile Dundee, whether it would actually bring more people to the country. However... Read more ...

'Totally unheard of & perhaps illegal': Trump erupts amid news that Michael...

'Totally unheard of & perhaps illegal': Trump erupts amid news that Michael Cohen may have secretly recorded a conversation with him

Reuters/Getty Images President Donald Trump said on Saturday that it was "inconceivable" that the "government would break into" the office of his former longtime lawyer Michael... Read more ...

A Missouri duck boat survivor reportedly said the captain told passengers...

A Missouri duck boat survivor reportedly said the captain told passengers 'not to worry about grabbing life jackets'

Kansas City/YouTube Seventeen people are dead after a tourist "duck boat" capsized during storms at Table Rock Lake in southern Missouri. A survivor who lost nine family... Read more ...