Authored by Nick Cunningham via OilPrice.com,
2017 could be an “above-normal” year for large hurricanes, according to the National Oceanic and Atmospheric Administration (NOAA), a potential problem for Gulf Coast oil drillers and refiners.
General Motors' stock price is tumbling after reports that the carmaker is accused of putting defeat devices in its trucks to beat emissions tests, becoming the sixth carmaker accused of diesel cheating since 2015, when Volkswagen AG admitted to installing software to bypass pollution rules.
Bloomberg reports that People who own or lease more than 705,000 GM Duramax diesel trucks filed a class-action lawsuit Thursday, claiming GM installed multiple such devices in two models of heavy-duty trucks from 2011 to 2016.
First VIX dumped-n-pumped this morning, then Russell 2000 (ETF and Futures) flash-crash at lunch time, and now, amid heavy volume, someone decided it was the perfect time to panic-buy S&P, Dow, and Nasdaq futures...
Some contest to Russell 2000's earlier flash crash...
Th hunt for a narrative to explain this utter farce has started... Did Bitcoin algos just get switched on to trade S&P minis? Bitcoin just topped $2500!
Coming just a month after Project Gotham Shield, a major nuclear detonation drill in the New York-New Jersey area, a false alarm that went out to some people’s television sets Tuesday might have scared some in New Jersey.
As NBC New York reports, a nuclear power plant warning issued in Cumberland and Salem counties was sent out by mistake.
The message that was sent out said “a civil authority has issued a nuclear power plant warning for the following counties/areas.”
Just under two weeks since the emergency at the Hanford nuclear facility in Washington state (following a tunnel collapse), NBC's local affiliate King5 reports Hanford’s owner, The U.S. Department of Energy, is scrambling to deal with a second emergency - signs have emerged that a massive underground double shell nuclear waste holding tank may be leaking.
http://interactive.tegna-media.com/video/embed/embed.html