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U.S. oil drillers cut rigs for first week in three: Baker Hughes

(Reuters) – U.S. energy companies this week cut oil rigs for the first week in three even though crude prices hovered near their highest level since the spring of 2015. Drillers cut 5 oil rigs in the week to Jan. 5, bringing the total count down to 742, General Electric Co’s Baker Hughes energy services firm said in its closely followed report on Friday. In the prior two weeks, drillers did not add or remove any rigs. The U.S. rig…

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Variable Annuities: The Pros and Cons

The explosion of products and services that have become available in the financial marketplace today are enough to bewilder even the expert. But there are very few vehicles that have generated as much controversy in both public and professional forums as variable annuities. Many brokers and planners view these unique vehicles as indispensable retirement planning tools, while other financial experts warn consumers to avoid them at all costs. Of course, there is no black and white answer to this issue,…

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Emerging-markets guru Mark Mobius retiring from Franklin Templeton

Mark Mobius, who became synonymous with emerging-markets investing over a career spanning more than four decades is set to retire at the end of the month, Franklin Templeton Investments announced Friday. “There is no single individual who is more synonymous with emerging markets investing than Mark Mobius,” said Franklin Templeton Investments BEN, +0.05%   Chairman and Chief Executive…

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Jobs everywhere! Except at stores

The job market looks like it doing well right now. Unless you head to the mall. Record numbers of store closings and a surge in retail bankruptcies, as well as the shift to online shopping, have forced retailers to slash jobs even as other employers scramble to find qualified workers. The sector lost a total of 66,500 jobs in 2017. General merchandise stores, the segment that includes department stores, were hit the hardest, losing 90,300 jobs, according to the Friday’s…

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Toshiba gets rid of Westinghouse for $4.6 billion

Toshiba’s disastrous foray into the U.S. nuclear business is coming to an end. The Japanese conglomerate is selling Westinghouse, its beleaguered U.S. nuclear unit, for $4.6 billion to Canadian investment firm Brookfield Business Partners, the companies said. “The decision to sell Westinghouse is good news for creditors, as well as our company,” Toshiba said Friday. The collapse of Westinghouse cost Toshiba some $6.4 billion, forcing the storied Japanese company to admit its financial future was in peril. Related: Toshiba stock…

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AG Lawsuit: Motel 6 “Regularly” Gave Guest Info To ICE Officers Looking For Illegals With “Latino-Sounding Names”

Washington state Attorney General Bob Ferguson launched a lawsuit against Motel 6 on Wednesday, accusing the hotel chain of training its employees to regularly hand over information on thousands of guests to immigration officials looking for people with “Latino-sounding names,” most of which was done without a warrant. It was not isolated to two motels in Phoenix, not by a long shot. The company’s actions were methodical. They trained their new employees on how to do this,” Ferguson said. “We’re…

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Global Finance Resets – The Big Picture

Global Finance ResetsSusan Lund and Philipp HärleFINANCE & DEVELOPMENT,December 2017, Vol. 54, No. 4       The decline of cross-border capital flows signals a stronger global financial system A decade after the global financial crisis began, the landscape of global finance is much altered. Gross cross-border capital flows (foreign direct investment, purchases of bonds and equities, and lending and other investment) have fallen substantially since the precrisis era and, relative to world GDP, are back to the level of the…

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Free Sesame Street Fire Safety Station Color and Learn Booklet!

Looking for a fun new activity book for your little one to have fun with and learn? This is great way to snag some learning entertainment! Free Sesame Street Fire Safety Station Color and Learn Booklet Thanks, Hunts 4 Freebies! The post Free Sesame Street Fire Safety Station Color and Learn Booklet! appeared first on Coupons and Freebies Mom.           <a href="″ rel=”nofollow”><img src="″ border=”0″ style=”display: block; width:100%; height:auto; max-width:100%; table-layout:fixed” width=”100%” /> <img src="×1&li=22373874&m=&sh=&p=faa0bd4255cee4a556829d81c3a9d2e1_7383″ height=”1″ width=”1″ /> <img…

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