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Venezuela Currency Blues Hit U.S. Blue-Chip Companies
2015-08-01 05:00:18| Toys - Topix.net
"Venezuela's currency woes cut nearly $3 billion in profit at U.S. blue-chip companies during the second quarter," states Reuters . A number of de-consolidation moves and exits from Venezuela are likely to occur during the this year's third and fourth quarters as American corporations grow increasingly frustrated with Venezuela's Bolivar currency.
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5. TrueCar hit with another dealer lawsuit
2015-08-01 03:42:32| Auto Dealers - Topix.net
A group of 100 auto dealerships that are part of TrueCar's network are suing the online car-buying service for not disclosing to consumers the nature of the fees that dealers pay the company for each sale. The suit, filed today in state court in Los Angeles, alleges that TrueCar is engaged in "deceptive business practices" because its advertising touts transparent pricing but doesn't disclose the transactions fees of $299 for new cars and $399 for used cars that many dealers pay TrueCar for each sale handled through the buying service.
Toxic Floods From Coal Mines and Power Plants Hit Vietnams Ha Long Bay World Heritage Site
2015-08-01 03:30:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: Ongoing downpours in northeastern Vietnam have resulted in toxic spills and flooding from multiple coal mine and power plant sites in the province surrounding the Ha Long Bay World Heritage Site. The likelihood of both immediate and ongoing health and environmental hazards for locals and the rare environment are clearly increasing by the hour and the scale of this event cannot be understated, said Donna Lisenby, Clean and Safe Energy campaign manager for Waterkeeper Alliance. The events of...
Halfway to Hell: Global Temperatures Hit Critical Point, Warn Scientists
2015-07-31 17:56:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: As 2015 shapes up to be the hottest year on record, scientists warn the world could be halfway towards surpassing countries self-set red line of 2C temperature rise. New research commissioned by the New Scientist shows that four out of the five major surface temperature records are set to pass the 1C point this year, measured from the 1850-1899 average. At 1C climate change is already affecting the worlds poorest and most vulnerable populations as warming brings escalating sea level rise...
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Weak oil prices hit Exxon and Chevron
2015-07-31 16:00:43| BBC News | Business | UK Edition
Two of the US's biggest companies report sharply lower quarterly results because of falling oil prices.
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