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In Response to Tuesday’s Oil Spill, Governor Jerry Brown Declares State of Emergency in Santa Barbara County

In Response to Tuesday’s Oil Spill, Governor Jerry Brown

On Wednesday, Governor Jerry Brown issued an emergency declaration in the Santa Barbara County because of the oil spill from a ruptured pipe at Refugio State Beach.

The governor's move will allow the state to quickly gather the available resources and free up added state funding to assist in the cleaning up efforts.

Ruptured Oil Pipeline Leads to 21,000 gallons of Oil Flowing into California Coastline

Ruptured Oil Pipeline Leads to 21,000 gallons of Oil Flowing into California Coa

An oil pipeline rupture along the California coast on May 19 has caused dumping of oil in the water which is washing ashore on the beaches close to Santa Barbara, California.

The pipeline which broke is operated by Plains All-American Pipeline. The ruptured caused spilling of approximately 21,000 gallons of oil into the ocean.

Janet Yellen Awarded her Second Yale Degree

Janet Yellen Awarded her Second Yale Degree

Janet Yellen earned her second degree from Yale University, this time, a doctor of social science. She was awarded a Ph.D. in economics by Yale, in 1971.

Federal Reserve Chair Janet Yellen was honoured on Monday at the 314th commencement of the Ivy League school.

Japan’s Improved First-Quarter GDP Portrays a Recovering Economy

Japan’s Improved First-Quarter GDP Portrays a Recovering Economy

Japan's economy is surely showing improvements leaving behind the recession which the nation experienced last year.

There has been strong upturn in the household as well as corporate sector which has helped Japan to post an unexpectedly vigorous growth for the very first quarter of the year.

A Plane of Hawaiian Airlines Bound for Honolulu Made Emergency Landing in LAX after Facing Mechanical Glitch

A Plane of Hawaiian Airlines Bound for Honolulu Made Emergency Landing in LAX af

On Monday, a flight that was bound for Honolulu and had three hundred people on made an emergency landing at LAX. The flight was initially delayed due to a leaking fuel tank and later when on its way to the destination, turned back halfway and landed safely.

U.S Supreme Court Ruling Says Employers Must Monitor Fees for 401(k) Accounts

U.S Supreme Court Ruling Says Employers Must Monitor Fees for 401(k) Accounts

On Monday, the U.S. Supreme Court gave out a ruling which says that it is the duty of the employers to monitor 401(k) plans in order to guard against high management fees which can drain out retirement savings. The move can bring great benefits to millions of retiring Americans.

Starbucks to Partner with Stopify for Music Streaming Services

Starbucks to Partner with Stopify for Music Streaming Services

Starbucks ended its tradition of selling CDs in March but now the coffee chain is moving into the trend of music streaming and has confirmed a partnership with the music streaming leader Spotify.

Kering Sues Alibaba in the U.S Court for Selling Counterfeit Goods

Kering Sues Alibaba in the U.S Court for Selling Counterfeit Goods

Fakes are a big threat to e-commerce companies and invite real trouble at times. Alibaba is once more getting sued by Kering, which is a group of luxury brands including Gucci and Yves Saint Laurent. The company is suing Alibaba for selling imitations through its e-commerce platforms.

Factory Activities and Consumer Confidence both have a Downturn Darkening US Economic Outlook

Factory Activities and Consumer Confidence both have a Downturn Darkening US Eco

For the fifth month in a row, the US industrial production dropped in April. One of the reasons of the drop can also be linked to the further turn down in the drilling of oil and gas. The figures sketch a dreary image of the growth for the U. S economy in the second quarter.

Nordstrom, Inc’s Lower than Expected Earnings Should not be a Reason to Worry

Nordstrom, Inc’s Lower than Expected Earnings Should not be a Reason to Worry

For Nordstrom, the quarter proved to be moving in the right direction as company posted its earnings for the quarter which concluded on May 2. Though the earnings were not as good as expected but the essential drivers appeared to be going towards the right direction.

Latest News

In Response to Tuesday’s Oil Spill, Governor Jerry Brown
Ruptured Oil Pipeline Leads to 21,000 gallons of Oil Flowing into California Coa
Janet Yellen Awarded her Second Yale Degree
Japan’s Improved First-Quarter GDP Portrays a Recovering Economy
A Plane of Hawaiian Airlines Bound for Honolulu Made Emergency Landing in LAX af
U.S Supreme Court Ruling Says Employers Must Monitor Fees for 401(k) Accounts
Starbucks to Partner with Stopify for Music Streaming Services
Kering Sues Alibaba in the U.S Court for Selling Counterfeit Goods
Factory Activities and Consumer Confidence both have a Downturn Darkening US Eco
Nordstrom, Inc’s Lower than Expected Earnings Should not be a Reason to Worry
The Week Ended with a Gain for Oil In spite of Abundant supply
CFPB Aims to Improve Sloppy Services of Student-loan Servicers
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