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A not-so-micro discoveryBack in California, Hunter took her new foster to the vet. Boxed in before a trio of ‘miracles’“The box is Galena’s absolute favorite place to play in, and she’s pretty chill and happy when she’s in a box,” Clark told CNN. Courtesy Carrie ClarkUPS then ferried away the box, Amazon representative Alisa Carroll told CNN. Courtesy Carrie ClarkGalena will likely continue to be a massive box lover – hopefully without again taking off in one. “It’s a really, really easy procedure.
Persons: wasn’t, Brandy Hunter, , , ” Hunter, Carrie Stevens Clark, Carrie Clark, Clark, of Jesus Christ, Hunter, Los Angeles –, ” Clark, Carrie Clark “, hysterically, Carrie, Matt Clark, Matt, ” Carrie Clark, it's, Carrie Clark UPS, Alisa Carroll, , Carrie Clark Eight, “ We’re, Brandy, Galena, ” Amazon’s Carroll, Carrie Clark Galena, he’s Organizations: CNN, of Jesus, Facebook, Galena, Clarks Locations: California, Utah, Lehi , Utah, Galena, Jurupa Valley , California, Los Angeles, Jurupa Valley, crouched, Clark
It’s expected to become a Schedule III controlled substance, a classification shared by prescription drugs such as ketamine and Tylenol with codeine. Here’s what else you might have missed during your busy day:5 thingsKeith Davidson, who represented Stormy Daniels and Karen McDougal, is questioned. Jane Rosenberg1️⃣ Trump on trial: Donald Trump removed the online posts that a judge ruled violated his gag order in the New York criminal hush money case. The former president also was fined $9,000, and a former attorney who represented Stormy Daniels and Karen McDougal testified. 5 Things PM is produced by CNN’s Tricia Escobedo, Meghan Pryce and Kimberly Richardson.
Persons: ane R, Ed, bil, Lis, r., Gupta, Loo, Cheng S Organizations: acc, ld, CNN
When Carrie Clark got a phone call on April 17 from a veterinarian in California informing her that her cat, which had vanished from her Utah home a week earlier, had been found some 500 miles away, her first reaction was disbelief. “I could not believe that it was true,” Ms. Clark said in an interview on Sunday night. “I told her: I think this is a prank.”It wasn’t. Galena, her 6-year-old American shorthair, had sneaked inside a 3-by-3-foot cardboard Amazon returns package alongside five pairs of steel-toed boots. Then the cat was transported two states away to one of the company’s warehouses, where it was discovered by Amazon employees.
Persons: Carrie Clark, , Ms, Clark Organizations: Amazon Locations: California, Utah, Galena
A Utah couple accidentally shipped their cat, Galena, in an Amazon return package. AdvertisementA Utah couple accidentally shipped their pet cat in an Amazon return package, trapping it in the box without food or water for six days. Advertisement"The anxiety and stress of not knowing what happened to her was excruciating," Clark told the local news outlet. "I didn't believe her at first and thought it was a prank," Clark told KSL-TV. AdvertisementAccording to the news outlet, the vet told Clark the cat was found inside an Amazon return package, alongside five pairs of steel-toed work boots.
Persons: , Carrie Clark, Clark, Galena, Clark didn't Organizations: Service, KSL, Amazon, American Veterinary Medical Association Locations: Utah, Galena, California
In 2018, my friend sent me a listing for Cerro Gordo, an abandoned mining town in California. In the late 1800s, Cerro Gordo was a prosperous mining town. But right now, I'm sitting 900 feet under a ghost town that's miles away from them. Since I arrived, Cerro Gordo has been hit with storms, fire, a flood, an earthquake, and a blizzard. If I hadn't made this life change, Cerro Gordo would've otherwise just been forgotten, like the hundreds of other towns that were set up in the American West.
Persons: Brent Underwood, Cerro, I'm, I've, Cerro Gordo, Brent, It's, We'll, Gordo, snowstorms, We've Organizations: YouTube Locations: Gordo, California, American, Austin, Cerro Gordo, Cerro
That goes for MBAs as much as MFAs, and it’s a lesson Lyft executives learned the hard way on Tuesday, when an errant zero sent its stock (briefly) to the stratosphere. The Lyft typo came in an earnings report that stated, incorrectly, that the company’s estimated gross margin would expand by 500 basis points, which would amount to a stunning five-percentage-point bump. The stock shot up more than 60% before Lyft’s CFO corrected the error on a call with analysts, bringing the stock back to Earth. With the error in the rear view, Lyft shares were up up 30% Wednesday, bolstered by stronger-than-expected earnings and a rosy outlook for future cash flows. “Look, it was a bad error, and that’s on me,” Lyft CEO David Risher told CNBC on Wednesday.
Persons: CNN Business ’, History’s, , Arthur C, Clarke, Galena Biopharma, King Charles I, , David Risher Organizations: CNN Business, New York CNN, MBAs, Citibank, Citi, Mizuho Securities, NASA, New York Times, Bangladesh Bank, Reuters, Maine, SEC, CNBC Locations: New York, Mizuho, Galena
Long distanceAfter Dan visited Gabriella in Italy, Gabriella visited Dan in the US. Gabriella Vagnoli and Dan WatlingA couple of months later, Gabriella planned a trip to the US to visit Dan in Chicago. But despite being tired from the flight, Gabriella felt immediately welcomed by Dan’s family. Gabriella Vagnoli and Dan WatlingToday, Gabriella and Dan live in Seattle with their two teenage kids. While a love of adventure unites them, Gabriella and Dan insist they’re quite different in many other ways.
Persons: CNN — Gabriella Vagnoli, , Dan Watling, Dan, they’d, Gabriella, She’d, I’m, he’s, , ” Gabriella, Gabriella Vagnoli, Bill Watling Gabriella, Loch, Bill “, He’d, ” Dan, Bill, , , Gabi, Dan didn’t, she’d, Gabriella couldn’t, Skye, strode, Gabriella “, Read, Gabriella’s, he’d, Dan couldn’t, “ It’s, ’ ”, “ We’re, Dan Watling Gabriella, Siena, Dan’s, ‘ I’m, Dan Watling “, San Giuliano, who’d, “ Dan, , Walter Moretti, “ Michelangelo, Dan haven’t, they’ve, they’re, He’s, it’s, we’re, Storr, ” “ Organizations: CNN, Google, CNN Travel, Scottish Highlands, Piazza del Campo, Italian, Chicago, Rio, Locations: Scotland, Italy, Loch Ness, Isle, Skye, Europe, Scottish, Germany, Portugal, Edinburgh, Chicago, Pisa, Rome, Urquhart, glens, 1111IESPDJ, America, Munich, Siena, Piazza, Bryce, Italian, Gabriella's, Galena , Illinois, Tuscan, San, Brazil, Rio de Janeiro, Rio, Seattle , Washington, Seattle
CNN —Heart-shaped hot tubs surrounded by rose petals, circular beds with ceilings that replicate a starry night sky and jaw-dropping, seven-foot-tall champagne-glass whirlpools for two. Margaret and Corey Bienert/Courtesy Artisan BooksThe Cove Pocono Resorts premiered its heart-shaped hot tub in 1963. For Margaret and Corey, these images of the champagne tub became the thesis statement of their hotel project. Not all the hotels Margaret and Corey frequent are 20th century relics. Margaret and Corey Bienert/Courtesy Artisan BooksWhile most of the hotels Margaret and Corey highlight are in the US, the book also spotlights a few elsewhere in the world.
Persons: Margaret, Corey Bienert, , ” Margaret, Corey, Morris Wilkins, Wilkins, upping, they’re, Don, aren’t, Toledo , Iowa –, Trixie Mattel, , , Don Q, Margaret Bienert, they’ve, honeymooned, we’ve, “ It’s, it’s, “ There’s, there’s, hadn’t, “ I’ve, Diego Calvo Organizations: CNN, Resorts, CNN Travel, Artisan Books, Miami Princess Hotel, Pocono Resorts, “ Owners, Mon Chalet Locations: Pennsylvania, Pocono, Miami , Florida, Wisconsin, South Amboy New Jersey, Idaho and Utah, Toledo , Iowa, Galena , Illinois, Wildwood, Florence , Kentucky, swingers, Colorado, Idaho, Ibiza, Spain, Spanish
Brent crude settled down 1 cent to $90.64 a barrel while U.S. West Texas Intermediate crude settled down 22 cents to $87.29. "Much of this reduced supply has simply served to offset a major slowdown in global oil demand," said Jim Ritterbusch, president of Ritterbusch and Associates in Galena, Illinois. Meanwhile, Europe is expecting a light refinery maintenance season this autumn as refiners look to profit from high margins, which could support crude demand. The IEA last month lowered its 2024 forecast for oil demand growth to 1 million bpd, citing lacklustre macroeconomic conditions. OPEC's August report, meanwhile, kept its 2.25 million bpd demand growth forecast unchanged.
Persons: Brent, Wally Adeyemo, Jim Ritterbusch, Ras Lanuf, Wood Mackenzie, Naeem Aslam, OPEC's, Robert Harvey, Natalie Grover, Florence Tan, Emily Chow, Emelia Sithole, Andrea Ricci, Chizu Organizations: cnsphoto, REUTERS, West Texas, Monday U.S, Ritterbusch, Associates, U.S, Zaye, European Central Bank, International Energy Agency, Organization of, Petroleum, IEA, Thomson Locations: Zhoushan, Zhejiang province, China, Saudi, Saudi Arabia, Russia, United States, Galena , Illinois, U.S, Libya, Zueitina, Brega, Es Sidra, Europe
Brent crude was down 36 cents at $84.10 a barrel by 11:45 a.m. EDT (1545 GMT). China, the world's second-largest economy, is considered crucial to shoring up oil demand over the rest of the year. Amplifying demand concerns, U.S. central bank officials have not ruled out further interest rate hikes to contain inflation. A preliminary Reuters poll showed that crude oil and gasoline inventories were expected to have fallen last week, with data from American Petroleum Institute due later on Tuesday. Separately on Monday, Shell (SHEL.L) said it was investigating a possible leak on the 180,000 bpd Trans Niger oil pipeline, though no force majeure has been declared.
Persons: Lucy Nicholson, Brent, Jim Ritterbusch, majeure, Natalie Grover, Paul Carsten, Muyu Xu, Katya Golubkova, Tomasz Janowski, David Evans, David Goodman, David Gregorio Our Organizations: REUTERS, Companies Shell, West Texas Intermediate, Saudi, Ritterbusch, Associates, American Petroleum Institute, of Commerce, Shell, Thomson Locations: Bakersfield , California, China, Russian, Galena , Illinois, U.S, Iraqi, Turkey, Iraq, Saudi, Niger, London, Singapore, Tokyo
Both benchmarks have been on a sustained rally since June, with West Texas Intermediate crude (WTI) trading on Thursday at its highest this year and Brent hitting its highest price since January. Brent crude fell $1.15, or 1.3%, to settle at $86.40 a barrel while WTI settled down $1.58, or 1.9%, at $82.82. Oil prices have been boosted in recent days by extensions to output cuts by Saudi Arabia and Russia, alongside supply fears driven by the potential for conflict between Russia and Ukraine in the Black Sea region to threaten Russian oil shipments. The U.S. is also prohibiting some investment in China in sensitive technologies like computer chips and requires government notification in other tech sectors. Thursday's U.S. consumer prices data for July fuelled speculation the Federal Reserve is nearing the end of its aggressive rate hike cycle.
Persons: Johan Sverdrup, Carina Johansen, NTB, Brent, WTI, John Kilduff, John Ritterbusch, Natalie Grover, Muyu Xu, Mark Potter, Elaine Hardcastle, Andy Sullivan Organizations: West Texas, Federal Reserve, Ritterbusch, Associates, Thomson Locations: North, Saudi, Russian, Saudi Arabia, Russia, Ukraine, China, U.S, New York, Gulf of Mexico, Gulf, Mexico, Galena , Illinois, London, Singapore
Oil prices fell in early Asian trade on Friday as demand concerns weighed against strong economic data. Brent crude fell 59 cents, or 0.7%, to $83.65 a barrel by 0027 GMT, but was on track for a weekly 5% increase. U.S. West Texas Intermediate crude fell 51 cents, or 0.6%, to $79.58 a barrel, on track for a 5.2% weekly increase. Oil rose last session as fears of a global economic slowdown were eased by strong earnings reports and better-than-expected U.S. economic data. On Wednesday, the U.S. Federal Reserve implemented another 25 basis point interest rate hike as widely expected, and the European Central Bank followed suit on Thursday.
Persons: Brent, Jerome Powell's, Jim Ritterbusch Organizations: . West Texas, Commerce Department, U.S, Federal, U.S . Federal Reserve, European Central Bank, Ritterbusch, Associates Locations: Ras Behar, Egypt, Galena , Illinois
July 28 (Reuters) - Oil prices slipped in Asian trade on Friday but were on track for a fifth straight week of gains following strong economic data in the U.S., and on speculation over Chinese stimulus measures and OPEC+ output cuts. Brent crude fell 42 cents, or 0.5%, to $83.82 a barrel by 0404 GMT, but was on track for a weekly 3.5% increase. U.S. West Texas Intermediate (WTI) crude fell 34 cents, or 0.4%, to $79.75 a barrel, but were heading for a 3.6% weekly increase. But recent interest rate increases from global central banks seeking to tame stubborn inflation raised questions about long term demand. Earlier this week oil fell after data showed U.S. crude inventories fell less than expected.
Persons: Brent, Jerome Powell's, Baden Moore, Jim Ritterbusch, Laura Sanicola, Andrew Hayley, Lincoln, Sonali Paul Organizations: . West Texas, Commerce Department, Federal, Organization of, Petroleum, bbl, National Australia Bank, U.S . Federal Reserve, European Central Bank, Ritterbusch, Associates, Thomson Locations: U.S, 3Q23, Saudi, Galena , Illinois, Washington, Beijing
Summary U.S. crude stockpiles rise 5 mln bbl -EIAReuters poll forecast 900,000 bbl U.S. crude drawdownIEA predicts demand will outpace supply by 2 mln barrels per dayTOKYO, May 17 (Reuters) - Oil prices settled up about $2 on Wednesday as optimism over oil demand and U.S. debt ceiling negotiations outweighed worries about abundant supply. West Texas Intermediate U.S. crude settled up $1.97 or 2.8% to $72.83. President Joe Biden and top U.S. congressional Republican Kevin McCarthy on Wednesday underscored their determination to reach a deal soon to raise the federal government's $31.4 trillion debt ceiling and avoid an economically catastrophic default. The International Energy Agency on Tuesday predicted demand would outpace supply by 2 million barrels per day (bpd) in the second half of the year, with China making up 60% of oil demand growth in 2023. Markets are in a "wait-and-watch mode" over the outcome of the debt ceiling negotiations, said Vandana Hari, founder of oil market analysis provider Vanda Insights.
OPEC Secretary General Haitham Al Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+ was "counterproductive." Oil prices settled nearly unchanged on Thursday after the European Central Bank (ECB) decided to slow the pace of interest rate hikes, with prices still down more than 9% for the week on demand concerns in major consuming countries. Oil prices tumbled this week after concerns about the U.S. economy and signs of weak manufacturing growth in the world's largest oil importer China, sliding further after the U.S. Federal Reserve raised interest rates on Wednesday. The ECB increased its three policy rates by 25 basis points, the smallest hike since the central bank starting lifting them last summer, and kept its options open on future moves as it fights stubbornly high euro zone inflation. Along with investor indigestion over central bank messaging, Wall Street stock indexes were under pressure Thursday from another rout in U.S. bank shares, which have reeled from the collapse of a third major regional bank over the weekend.
The U.S. dollar rose after U.S. jobs data pointed to a tight labor market, heightening expectations of another Federal Reserve rate hike. Dollar strength makes oil more expensive for other currency holders and can weigh on demand. Oil also drew support from a steeper-than-expected drop in U.S. crude inventories last week, as well as a decline in gasoline and distillate stocks, hinting at rising demand. In global financial markets, a U.S. inflation report to be released on Wednesday could help investors to gauge the near-term trajectory for interest rates. Also coming up are monthly reports from OPEC on Thursday and the International Energy Agency on Friday, which will update oil demand and supply forecasts.
Oil settled up as rising supplies face Chinese demand hopes
  + stars: | 2023-03-01 | by ( ) www.cnbc.com   time to read: +3 min
Permian Basin rigs in 2020, when U.S. crude oil production dropped by 3 million a day as Wall Street pressure forced cuts. Oil prices settled up slightly on Wednesday as signs of ample supply, including growing U.S. crude inventories, offset growing hopes for higher demand after a jump in manufacturing in top crude importer China. Brent crude futures settled up 86 cents, or 1%, to $84.31 a barrel. In other signs of ample supply, Russia's oil production reached the pre-sanctions level for the first time in February, the Kommersant business daily reported. An official index showed China's manufacturing activity expanded in February at the fastest pace in more than a decade, feeding hopes for a boost in oil demand.
Brent crude settled up $1.40, or 1.7%, to $85.09 a barrel while U.S. West Texas Intermediate (WTI) crude settled up $1.33, or 1.7%, to $78.47. Investors hope less aggressive U.S. interest rate increases will help the world's biggest economy dodge a sharp economic slowdown or recession that would hit oil demand. "A looming oil demand surge together with lacklustre global supply growth will ensure that the oil balance tightens over the coming months," said Stephen Brennock of oil broker PVM. The earthquake that struck Turkey and Syria on Monday stopped crude oil flows from Iraq and Azerbaijan out of the Turkish port of Ceyhan. U.S. Energy Information Administration data showing U.S. oil production rose last week to the highest level since April 2020, however, limited oil's gains.
Although both were caused by power outages — the boil order when an outage Sunday at a water purification plant caused water pressure to drop, triggering concerns of possible contamination — that's where the similarities end, he said. According to Turner, two transformers failed, causing power outages at the East Water Purification Plant, which he said provides water for much of Houston's 2.2 million residents. The East Water Purification Plant is outside the city, in Galena Park. The entrance to the East Water Purification Plant in Galena Park, outside Houston, on Monday. The city issued the boil water notice in an "abundance of caution" after the main transformer and its backup failed, Turner said.
Residents of the country's fourth-largest city were told to boil water Sunday after pump-driven water system pressure dropped because of an electrical outage, triggering concerns of possible contamination. "We believe the water is safe but based on regulatory requirements when pressure drops below 20 psi we are obligated to issue a boil water notice," Turner said. A power outage Sunday at the East Water Purification Plant caused pressure to drop below 20 psi, or pounds per square inch, the state threshold that triggers boil water notices, Houston Public Works said. Water system pressure can use the weight of liquid to occupy cracks and crevices that might otherwise be exposed to outside incursions, such as urban runoff. "Houston’s water system is different than other systems in that we don’t use water towers to provide pressure to the system," it tweeted.
A warehouse crush across the U.S. is squeezing out smaller companies as big retailers fill industrial storage sites with their growing stockpiles of inventory. Karen Galena, president of First Logistics, which has four warehouses in the Chicago area that provide space for retailers and manufacturers, said bigger customers are willing to pay higher prices for increasingly scarce storage space. “It’s tough for the small guy,” Ms. Galena said, noting labor and other costs are rising for warehouse operators. The challenges small businesses face finding warehouse space mirrors difficulties many had securing room on container ships earlier in the Covid-19 pandemic, when ocean carriers drove up rates and bumped smaller shippers to make way for larger clients. He said some companies are even generating revenue from unconventional storage space.
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