A steep downturn in U.S. ethanol output linked to the trade war with China is raising costs for American farmers who feed a byproduct of the corn-based biofuel to hogs, cattle and chickens. Sales of the feed, known as distillers' dried grains, or DDGs, were one of the bright spots for ethanol makers such as Green Plains Inc
U.S. federal government contractors could be losing up to $200 million in delayed or foregone revenue each day the shutdown drags on. In some cases, some contractors have completed work but their invoices can’t be processed as the responsible government agencies, departments or offices are closed. This is now beginning to be felt in the
(Reuters) - Sears Holdings Corp said on Thursday its chairman Eddie Lampert won a bankruptcy auction for the U.S. department store chain with an improved takeover bid of $5.2 billion, allowing the 126-year-old retailer to keep its doors open.
The hearing to approve the sale to Lampert’s ESL Investments Inc. is scheduled for Feb. 1, Sears said. “We are pleased to have reached a deal that would provide a path for Sears to emerge from the Chapter 11 process,” the restructuring committee for the Sears board said in the release. Sears disclosed no information about whether the bid releases Lampert from legal liability over previous deals he did with the company.
With the US partial government shutdown now entering its 27th day, this funding standoff is already the longest in federal history. Nevertheless, President Donald Trump has expressed no qualms about extending the shutdown for a “long time” if Democrats refuse to budge on border wall funding. According to sources close to the president, that may
The federal government has been shut down for nearly a month. So how are furloughed workers spending their free time? Many are, of course, dealing with the very serious consequences of going without pay for an extended period. But in terms of what they're doing to unwind during these tense times, Pornhub offers one possible answer. In data released Thursday, the adult video platform reports that traffic showed an average daily increase of 5.94% during the week of Jan. 7th (the shutdown's third week) over traffic in the weeks before the shutdown, which started on Dec. 22. Image: Pornhub Now, it's important to note here that correlation doesn't equal causation. After all, it's winter and people are spending more times indoors instead of out and about and, well, people have to stay entertained somehow. No judgment here! That said, Pornhub notes a shift with heavy increases in traffic late at night with lower traffic than usual during the morning followed by another traffic spike in the early afternoon. These patterns are similar to other events like winter storms, situations in which people might stay up later because they don't have to go to work the next day. Additionally, Pornhub traffic in the Washington, D.C. area showed a similar spike over the same time period with an average daily increase of 6.32 percent versus pre-shutdown traffic. Image: Pornhub Pornhub also notes the following categories showed the biggest increase in traffic during that measured time: * Outdoor +71% * Threesome +66% * Old/Young +60% Make of that what you will. As for methodology, the week of Jan. 7th was selected by Pornhub for measurement as it was likely to no longer be affected by holiday vacations while the pre-shutdown traffic averages were taken from the weeks of December 3rd through 7th and December 10th through 17th. Whether the spike in traffic continues remains to be seen, but for now there's no real end in sight for the shutdown.
LONDON (Reuters) - State-backed British bank Royal Bank of Scotland is to consult with shareholders on plans for a buyback of its shares owned by the Government, using excess capital to accelerate its return to private ownership.
Britain is due to leave the European Union on March 29 but parliament's rejection this week of Prime Minister Theresa May's withdrawal agreement with Brussels has thrown those plans into chaos and opened up a range of outcomes, from quitting with no agreement on future relations to halting Brexit altogether. "At this moment we do not even know what the United Kingdom wants," Siza Vieira told Reuters in an interview late on Wednesday. "In the absence of an alternative proposal by the United Kingdom, what every (EU) member state is doing is adopting measures that allow them to react to a unilateral circumstance." Even without a Brexit deal, British citizens living in Portugal would retain rights including access to healthcare.
Stop what you're doing, because it's officially a "Deal That Never Happens" Day: The Dyson Supersonic Hair Dryer is $359 at Walmart. This is the first time we've ever seen it on sale and this is the only place it's on sale -- peep it at $399 at Amazon, Best Buy, and Dyson's official site. That's a full $40 more than the deal at Walmart. You may be thinking, "$40 off of $400 isn't that great," and you're kind of right -- but when there's a discount on an item that's this in demand, you don't pass it up. It's kind of like finding a deal on AirPods. You also may be thinking, "A $400 hair dryer better be impressive." Oh, don't worry. It is. Read more... More about Home, Beauty, Hair, Dyson, and Mashable Shopping