BOSTON/NEW YORK -- The fiercest snowstorm of the winter slammed the northeastern United States on Thursday, Feb. 9, leaving a foot of snow in places, canceling thousands of flights and shutting down schools. At least two deaths were blamed on the storm. The storm, which came a day after temperatures had been a spring-like 50 to 60 degrees, had wind gusts up to 50 mph and left roads and sidewalks dangerously slick in densely populated cities such as New York, Boston and Hartford, Conn.
WASHINGTON - President Donald Trump on Thursday, Feb. 9, said he would make a major tax announcement in a few weeks, and the dollar surged after his remarks, despite signals from Congress that the timeline for tax reform was slipping. "Lowering the overall tax burden on American business is big league. That's coming along very well. We're way ahead of schedule," Trump said during a White House meeting with airline industry executives.
A 6.3 magnitude earthquake struck off the Arabian Sea coast of Pakistan in the early hours of Wednesday, the U.S. Geological Survey said, but there were no early signs of casualties or damage. The epicenter of the tremor was around 90 km (55 miles) south of the town of Turbat, just off the coast at a depth of 10 km (6 miles) below the seabed, said the USGS, which initially estimated the magnitude at 6.6.
CHICAGO - Following are U.S. trade expectations for the resumption of the grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CST on Wednesday. NOTE: Wednesday is the second day of the five-session "Goldman roll," in which the S&P GSCI fund rolls long positions in March grain contracts forward. Trade awaits the release of U.S. Department of Agriculture's monthly supply/demand report on Thursday. WHEAT - Steady to down 1 cent per bushel
Barclays has upgraded Caterpillar to "overweight" from "equal weight" on Tuesday, saying the company's revenues are at "record-depressed levels." Investors likely will never see a chance to buy CAT revenues with as much upside as in 2017," analysts write in note.
CALGARY, Alberta—Rangers have successfully reintroduced a herd of plains bison to Canada's oldest national park, officials said on Monday, Feb. 6, more than 130 years after the iconic North American animal last grazed the eastern slopes of the Canadian Rockies. Parks Canada moved 16 bison from a protected herd in central Alberta into an enclosed pasture in Banff National Park in the west of the province last week.
NEW YORK - The chief executive of Phillips 66 said on Friday he expects the Dakota Access Pipeline to start operations in the second quarter, even though the project - which has sparked protests by Native Americans and environmentalists - is still in the midst of legal battles and a U.S. regulatory review. Phillips 66 has a 25 percent stake in the $3.8 billion project led by Energy Transfer Partners LP. Phillips 66's CEO, Greg Garland, made the comments on a conference call with analysts to discuss quarterly earnings.
WASHINGTON—Republican U.S. senators on Wednesday, Feb. 1, delayed a committee vote on President Donald Trump's pick to head the Environmental Protection Agency, after the panel's Democrats boycotted the meeting, saying that nominee Scott Pruitt doubts the science of climate change.
Packaged foods maker Hormel Foods Corp said on Tuesday that it had suspended operations at one its pork suppliers in Oklahoma until it investigates claims that pigs were being abused at the farm. Animal rights group Mercy for Animals released a video last week that showed large number of pigs and piglets constrained in small spaces, being treated cruelly and left to suffer from injuries and illnesses without veterinary care.
WASHINGTON -- President Donald Trump on Tuesday, Jan. 31, nominated Neil Gorsuch for a lifetime job on the U.S. Supreme Court, picking the 49-year-old federal appeals court judge to restore the court's conservative majority and help shape rulings on divisive issues such as abortion, gun control, the death penalty and religious rights.