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October 23, 2015 GOLD (MSM)

Gold rally brings out options bulls

[Reuters] – With gold on track for its second-best month this year, traders in the options market are betting there is plenty of steam left in the rally. Spot gold, which touched a five-year low of $1,077 an ounce in July, is up about 8 percent from then and broke through its 200-day moving average last week, the first time since May. Market watchers attribute the strong bounce in the

October 23, 2015 GOLD (MSM)

Gold rally brings out options bulls

[Reuters] – With gold on track for its second-best month this year, traders in the options market are betting there is plenty of steam left in the rally. Spot gold, which touched a five-year low of $1,077 an ounce in July, is up about 8 percent from then and broke through its 200-day moving average last week, the first time since May. Market watchers attribute the strong bounce in the

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ENERGY (MSM)

September 20, 2015 ENERGY (MSM)

Fuel savings can pay for green energy shift

Making the global switch from climate-altering fossil fuels to renewables by 2050 would require an extra $1 trillion (880 billion euros) per year, but the bill will be covered by lower energy costs, a Greenpeace report said Monday. On top of some 600 billion euros per year already earmarked by governments and businesses for investment in renewables, the extra funding would be needed to build enough green energy generators to

September 20, 2015 ENERGY (MSM)

Back on track? Nigeria's oil refineries resume production

Africa’s biggest oil producer — is finally “domesticating” the refining of crude into products, thus improving its energy security and ending a reliance on costly imports. The talk is of job creation, national pride and the chance to help revive an economy badly hurt by the fall in global oil prices as well as providing fuel for the increasing demands of a growing population. “To give up on the refineries

September 18, 2015 ENERGY (MSM)

Volkswagen could face $18 billion penalties from EPA

WASHINGTON/DETROIT (Reuters) – Volkswagen AG faces penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday. “Put simply, these cars contained software that turns off emissions controls when driving normally and turns them on when the car is undergoing an emissions test,” Cynthia Giles, an enforcement officer at the EPA, told reporters

September 18, 2015 ENERGY (MSM)

EPA, California investigate Volkswagen for clean air violations

WASHINGTON (Reuters) – U.S. and California environmental regulators said on Friday they are investigating whether Volkswagen AG deliberately circumvented clean air rules on diesel cars. The U.S. Environmental Protection Agency said Volkswagen allegedly used software to circumvent emissions testing of certain air pollutants in Volkswagen and Audi diesel cars from model years 2009 to 2015. (Reporting by Timothy Gardner, Patrick Rucker and Bernie Woodall in Detroit; Editing by Eric Walsh)

September 17, 2015 ENERGY (MSM)

Parent's Hunger Strike Reveals Flaws in Chicago's Education Reforms

It’s a drastic, painful, potentially fatal tactic more associated with third-world political movements calling attention to brutal regimes, or history lessons about legendary protest leaders, like Mahatma Gandhi and Cesar Chavez. Leaders say they launched the strike because city leaders, including Mayor Rahm Emanuel, have repeatedly turned a deaf ear to their complaints about the fate of Walter H. Dyett High School in the historic, majority-black Bronzeville neighborhood. Emanuel’s administration,

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