Bollywood star Amitabh Bachchan, one of the most influential actors in the history of Indian cinema, has tested positive for COVID-19 and has been admitted to Mumbai's Nanavati hospital. "I have tested CoviD positive .. shifted to Hospital .. hospital informing authorities .. family and staff undergone tests , results awaited ..," Bachchan tweeted Saturday […]
Walt Disney Co <DIS.N> welcomed a limited number of guests to parts of its sprawling Orlando complex, the most-visited theme park resort in the world, with a host of safety measures designed to reassure visitors and reduce the chances of catching the sometimes deadly virus. Executives felt confident they had developed a responsible plan for reopening in phases during the pandemic, said Josh D'Amaro, chairman of Disney's parks, experiences and products division. Disney's reopening of parks in Asia helped provide assurance about moving ahead in Florida, he added.
Industrial supply companies always give great color on the state of the U.S. manufacturing sector, so investors have reason for caution after MSC Industrial's (NYSE: MSM) latest third-quarter earnings report. Let's take a look at the details and why they suggest many industrial companies could be giving weak outlooks in the forthcoming earnings season. On a headline basis, MSC's results looked pretty good.
What is momentum investing? The stock market may look like the easiest game in town, but it’s really the most dangerous game unless you stick to a long-term — meaning decades-long — perspective, which arguably takes the most courage of all.
(Bloomberg) -- Florida and Arizona reported increased Covid-19 deaths, while the pace of infections slowed in both states. A proposal by scientists for blood-plasma inoculations against the coronavirus is languishing, the Los Angeles Times reported.U.S. military facilities in Okinawa have found at least 50 cases, NHK said. New infections in Tokyo exceeded 200 for a third straight day, Kyodo reported. Masked fans returned to baseball in Japan, making the country among the first to restart major sport with spectators.A vaccine may be two years away, if one is ever found, and low levels of infection may become a part of life, Australia’s deputy chief medical officer said.Key Developments:Global Tracker: Cases top 12.5 million; deaths surpass 560,000Aversion to mask-wearing holds back U.S. economyWall Street forges a new relationship to data in coronavirus ageShake Shack’s Danny Meyer took PPP loans after allHeat wave drives people inside in Covid’s hottest hot spotsMasked fans return to baseball in JapanWuhan shows the world how economies may recoverSubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click VRUS on the terminal for news and data on the coronavirus.Arizona New Cases Slowest in a Week (1:15 p.m. NY)Arizona reported 69 new deaths, compared with 44 on Friday. New coronavirus cases rose by 3,038 to 119,930, a 2.6% increase that’s the smallest since July 4 and lower than the 3.5% average for the previous seven days. The total positive rate for people tested for Covid-19 in Arizona is 11.7%, according to the state health department.Florida Corrects Death Toll Lower (12:15 p.m. NY)Deaths among Florida residents increased by 95, two more than on Friday and fewer than the record 120 deaths recorded Thursday. The state’s health department corrected an earlier number that showed deaths reaching a record.Cumulative cases reached 254,511, an increase of 10,360 or 4.2%, less than the previous 7-day average of 4.6%. The median age in Florida for people who have contracted the virus, which never rose to more than 37 last week, was steady at 40.New York Cases Remain Steady (11:24 a.m. NY)New York reported 730 new virus cases, in line with the seven-day average increase of 0.2% Once the center of the outbreak in the U.S., New York’s infection rate remains significantly below that of most states, even amid a cautious reopening.The state reported six new deaths compared with eight reported the day before. At the height of the outbreak in New York in mid-April, 799 people were reported dead in a single day. The number of patients currently hospitalized for the virus fell to 799, from 826 the day before, Governor Andrew Cuomo said in a tweet.Plasma Shot Stymied, Scientists Tell LA Times (10 a.m. NY)Scientists say an upper-arm shot using the antibody-rich blood plasma of Covid-19 survivors could inoculate people against the virus for months, but federal officials and companies aren’t enthusiastic about the proposal, according to the Los Angeles Times.The dispute is over the timing, rather than the promise of the idea. Plasma-based therapies should focus on treating people who are already sick, not on prevention, federal health officials and industry groups told the newspaper. Anthony Fauci said the idea is an “attractive concept” but scientists need to first prove it’s effective for current patients. Companies are reluctant to invest in a product that could soon be replaced by a vaccine, advocates for the immunity shots told the LAT.Croatian Cases Climb 4% (8:30 a.m. NY)Croatia reported 140 infections on Saturday, the highest daily toll. The number of total infections to date grew to 3,672 and 118 deaths, with one patient dying in the last 24 hours.Slovenia confirmed 34 cases on Friday, the most since mid-April, bringing the total number of infected to 1,793. Bosnia and Herzegovina had more than 300 new cases for the second day in a row. The total confirmed cases stand at 6,719, with 219 deaths.Cases in Serbia rose to 18,073. Police in the capital Belgrade detained more than 70 protesters who tried to storm the parliament building late Friday as anti-government demonstrations triggered earlier this week over a planned virus curfew lapsed into violence again.Qatar Air Makes Virus Test Mandatory (8:19 a.m. NY)Qatar Airways said all passengers from Pakistan must show they were tested for Covid-19 within 72 hours of their flight departure and present a negative result.The mandatory pre-flight requirement will take effect Monday, a Qatar Airways spokesperson said in an email on Saturday. Qatar Airways currently operates services to the Pakistani cities of Islamabad, Karachi, Lahore and Peshawar. Pakistan has more than 246,000 reported cases, the highest in Asia after India. Cases in Qatar rose by 498 to more than 103,000.Iran Cases Rise 1%, in Line With 7-Day Average (7:30 a.m. NY)Iran’s fatalities rose to 12,635 with 188 more deaths from the virus in the past 24 hours, up from 142 the day before. The number of infections surpassed 255,000 as the country recorded 2,397 new cases overnight, up from 2,262 on Friday. Some 217,000 people have recovered and 3,338 patients are in intensive care units.Oman reported more than 1,000 new infections for a 12th day, bringing the total to 54,697.U.S. Bases in Okinawa Find More Than 50 Cases: NHK (5:15 p.m. HK)U.S. military facilities in Okinawa, including Marine Corps Air Station Futenma and Camp Hansen, have found a total of at least 50 coronavirus cases, NHK reported Saturday, citing unidentified people. NHK cited Okinawa Governor Denny Tamaki as saying many new virus cases have been confirmed at the bases.Okinawa Gov. Denny Tamaki questioned disease prevention measures taken by the U.S. military and renewed his demand for transparency at a news conference, the Associated Press reported.Virus Spreads Fastest in Cooler Temperatures: Telegraph (5 p.m. HK)Coronavirus spreads fastest at 4 degrees Celsius (39 Fahrenheit), U.K. government scientists said, adding to concern about a winter resurgence, the Telegraph reported. The Scientific Advisory Group for Emergencies is thought to be focusing on the precise temperature as Melbourne, which is currently in its coldest month, went into a six-week lockdown due to a spike in cases.Russian Case Increase in Line With Past Week (3:37 p.m. HK)Russia reported 6,611 new confirmed coronavirus infections in the past day, in line with increases in the past week, raising the total to 720,547, according to data from the Russian government’s virus response center. Almost 27% of new cases were asymptomatic. In the past day 188 people died of the disease, bringing total death toll to 11,205.Slovenia confirmed 34 new coronavirus infections on Friday, the most since mid-April, bringing the total number of infected to 1,793. The number of fatalities remains at 111.German Infection Rate Rises Slightly (2:28 p.m. HK)Germany’s coronavirus cases rose by 331 while the death rate held steady, according to data from Johns Hopkins University. Deaths increased by 6 to 9,063, a smaller increase than most days since the beginning of March.The reproduction factor -- or R value -- rose slightly to 0.80, according to the latest estimate by the Robert Koch Institute, Germany’s health body. That’s under the key threshold of 1.0, seen as crucial to preventing a second wave of infections.Tokyo Finds 206 New Cases: Kyodo (2:02 p.m. HK)Tokyo confirmed 206 new cases of coronavirus, Kyodo reported Saturday, citing unidentified people. The number of new cases exceeded 200 for the third straight day, but fell short of Friday’s daily record of 243.Hong Kong Adds at Least 20 Cases: SCMP (1:53 p.m. HK)Hong Kong confirmed at least 20 new coronavirus cases on Saturday, the South China Morning Post reported, citing a medical source. It’s not yet known how many of Saturday’s cases were locally transmitted, the SCMP said. On Thursday, the city recorded 34 locally transmitted infections, the most in a single day since the pandemic began.In response, the government reintroduced social restrictions that cap restaurant capacity at 60% and limit eight people to a table.Australia Warns of Two-Year Vaccine Wait (1:21 p.m. HK)Australia’s Deputy Chief Medical Officer Nick Coatsworth said a vaccine may not be available for between 18 and 24 months and the country must be able to keep the virus under control at low levels. “We need to prepare for a world without a vaccine,” he said at a media conference Saturday.Mask-wearing will be critical to reopening Australia’s second-most populous state as it seeks to curb a second wave of infections, Victoria Premier Daniel Andrews said earlier.Two million masks will be ordered and distributed to “priority groups,” he said Saturday. The state recorded 216 new cases and one death in the past 24 hours, and he urged Victorians to stay home this weekend as much as possible.Emirates to Cut 9,000 Jobs, BBC Reports (11:08 a.m. HK)Emirates Airlines plans to cut 9,000 jobs because of the coronavirus outbreak, BBC reported, citing airline President Tim Clark.The company had 60,000 employees before the pandemic, the BBC said. The airline plans to increase job cuts to as much as 15% of its workforce, having already reduced employee numbers by 10%, Clark told the news service.South Korea New Cases Fall (9:29 a.m. HK)South Korea reported 35 more cases in 24 hours, raising the total tally to 13,373. There no additional deaths, leaving the total at 288, the Korea Centers for Disease Control & Prevention said.The country reported 45 new cases of infection on July 10 and one additional death.Japan’s Contact-Tracing App Fails (8:49 a.m. HK)Japan’s health ministry suspended the registration of positive cases on its contact-tracing smartphone app Cocoa as it worked to fix an error that left some people unable to enter their information.The ministry aims to get the feature running again next week, according to a statement. The ministry encouraged users to keep using the app, which had 6.5 million downloads across iOS and Android phones as of Friday evening.Texas Hits Milestone (5:35 p.m. NY)More than 10,000 people were hospitalized with Covid-19 in Texas Friday, the first time the state has reached that benchmark. Cases there jumped by 9,765, an increase of 4.2% compared with the seven-day average of 3.9%. The state has added close to 10,000 cases for each of the last four days, and deaths have begun to spike in tandem, with another 98 fatalities exceeding the seven-day average.Governor Greg Abbott stepped up efforts to encourage people to wear masks, making the rounds of local television stations to warn that deaths are likely to rise in coming days. (Updates with Arizona data. A previous version corrected Florida’s death toll based on data correction by the state.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
New York, July 11, 2020 -- Reportlinker.com announces the release of the report "Global Breast Pumps Industry" - https://www.reportlinker.com/p05442583/?utm_source=GNW 3.
I was on PBS NewsHour talking about Uber Eats (UBER) and the food delivery business (you can watch it here). When I told my six-year-old daughter Mia Sarah about it, she shrugged and said she’d be more impressed if I was on PBS Kids; at least she could brag to her friends about that. PBS interviewed […]
New York, NY, July 11, 2020 -- It’s no secret we are living through tumultuous political times in our country right now, as historians argue we are more divided than ever.
(Bloomberg) -- Alternative data has been a buzzword on Wall Street for years. Never has demand been greater than during the coronavirus era.For many professionals, fundamental and technical stock analysis now take a back seat to epidemiological charts and real-time economic signals. Macro economists and money managers spend days tracking everything from Covid-19 reproduction rates to the number of restaurant reservations on OpenTable.When it comes to data on the virus itself, market operators have their own unique set of obsessions, often different than what the rest of the world is focused on. Relentlessly forward-looking, investors have become all but inured to the economic reports that once set Wall Street’s pulse.Read: U.S. Coronavirus Surge Beginning to Show Up in Recovery Data“Even though we’re going to have sharply down second-quarter GDP numbers, and down second-quarter earnings, people aren’t looking at the news that was. People are looking forward,” said Sandy Villere, a portfolio manager at Villere & Co.In 2020, that means new sources and new standards of interpretation.On the Bloomberg terminal alone, there’s a host of numbers to crunch: From coronavirus cases, hospitalization rates by U.S. state and country virus trackers, to U.S. TSA checkpoint numbers, New York Metropolitan Transport Authority turnstile entries and international dining bookings.Following is a rundown of some other coronavirus data that investors say they’re interested in, plus a sampling of high-frequency measures they track. And finally, views from a variety of strategists on why stocks haven’t turned south at the sight of rising Covid cases and a stalling real-time recovery.Covid-19 MetricsReproduction RateA key measure of how fast the virus is spreading is the reproduction rate, or the number of people infected by each person who has Covid. As of Friday, 44 states had a reproduction rate above one, while 23 states reached new highs, according to Morgan Stanley. “In the United States, the trend and scope of new virus cases continue to worsen,” strategists led by Matthew Harrison wrote in a note.A higher rate could have a silver lining, says RBC Capital Markets’ Tom Porcelli. “If new infections are concentrated in the young/non-vulnerable population, the spike in cases could very well morph into a positive as we build herd immunity well ahead of the much-feared 2020/21 flu season,” he wrote in a note.Fatality RateTom Lee, co-founder and head of research at Fundstrat Global Advisors, says the most important metric to watch remains daily deaths. On three consecutive days in the week ended July 10 -- Tuesday, Wednesday and Thursday -- the U.S. saw more than 800 deaths per day, according to The COVID Tracking Project. On Thursday, Texas, California, and Florida all saw a record jump in daily deaths.Ben Axler, founder and chief investment officer of Spruce Point Capital Management, says he’s watching this closely. Health care providers are “learning to treat the cases in more effective ways quicker,” he said. “While cases rising as a headline sounds bad, we’re more focused on the recovery rate and death rate.”There were some positive developments this past week as an analysis of trial data showed Gilead Sciences Inc.’s remdesivir reduced mortality risk for Covid-19 patients by 62% compared to standard care.Positivity RateThe positivity rate, or the share of tests conducted that come back positive, is an important indicator because it may provide clues as to whether or not a community is conducting enough tests to find cases, according to Johns Hopkins.Though testing has ramped up over the last month, the positivity rate has nearly doubled from levels in early June. As of Friday, the latest data showed the positivity rate stood at 9.2% of all tests, while the seven-day average reached a new recent high of 8.4%, according to RBC’s Porcelli, who said the rates are “decidedly back in an uptrend.”DemographicsEvercore ISI’s Dennis DeBusschere has highlighted metrics including median age of those who have been infected with Covid-19 as well as the share of total U.S. deaths reported in long-term care facilities.A colleague of his at Evercore, Mike Newshel, who has been tracking Covid daily, posited that since recent spikes have been concentrated among younger age groups, it’s possible these types of facilities are now better protected.“This data adds to our conviction that demographics are making mass shutdowns less likely -- limiting left tail risk to the market,” DeBusschere wrote to clients July 7.Hospitalization Rates and ICU CapacityWhile infections continue to rise, they have yet to translate into the sharp uptick in hospitalizations akin to the ones experienced in the Northeast in April, according to TD Securities’ Oscar Munoz. That rings true to David Jilek, chief investment strategist for Gateway Investment Advisers, who acknowledges that hospitalization rates are increasing in some locations, but says it’s not uniform across the country. (Click for Bloomberg hospitalizations data.)“Most states that are opening up have a plan that is based on those key statistics, and as long as states are able to reopen their economies as planned, I think the market will continue to find that encouraging,” Jilek said in an interview. “But the story differs from city to city and state to state.”States in the South and Southwest are seeing hospitalizations rise, though. Covid patients now occupy 24% of total hospital capacity in Arizona, 16% in Texas, and 15% in Florida, according to Centers for Disease Control and Prevention (CDC) data analyzed by Goldman Sachs. Jan Hatzius, Goldman’s chief economist, says estimates of available hospital capacity in some states vary, probably due to discrepancies between definitions or other methods.“We continue to think that as available hospital capacity reaches dangerously low levels, state officials will be forced to consider additional measures to contain virus spread to avoid overwhelming available healthcare resources,” Hatzius wrote July 9.Real-Time Economic DataGasoline ConsumptionAt Yardeni Research, a favorite high-frequency gauge is gasoline usage, measured by the average consumption over four weeks on a rolling basis. It plunged in March and April, but has since then -- through the July 3 week -- risen 60%. The strategists say it needs to rise another 14% to get back to a normal pace of fuel consumption.“It currently seems to be on the road to doing just that in coming weeks, though a slowing of state re-openings could place some roadblocks in the way of this indicator’s road to recovery,” strategists led by Ed Yardeni wrote in a note. To be sure, some of the gasoline data may be overstated given that many workers have been returning to their jobs using cars rather than public transportation. Still, the firm’s strategists predict more Americans are likely to be taking driving vacations this summer, a “positive for the U.S. economy.”But the trend remains murky. Independence Day typically marks the busiest driving weekend of the year, but a real-time indicator run by RBC Capital Markets’ Michael Tran suggested a slowing in traffic activity, even though nationwide per-gallon gasoline prices were the cheapest during the holiday period in at least a decade.Proprietary MetricsSeveral sell-side research shops have taken to creating their own broad-based measures of the real-time economy, most of which signal a stalling in reopening momentum as Covid cases rise in hot spots across the country.At Jefferies LLC, chief economist Aneta Markowska monitors a proprietary U.S. economic activity index made of components including small business activity, restaurant bookings, traffic congestion and web traffic to state unemployment portals. After two months of steady improvement, the gauge “has clearly flat-lined,” she wrote to clients July 6. “It has now been moving sideways for the past three weeks.”Data from Bank of America Global Research show that location matters. States that are seeing an uptick in Covid cases are also beginning to see a drop in visits to retail and recreation locations, according to economists including Michelle Meyer, who cite Google metrics.TSA Passenger FlowTom Essaye, a former Merrill Lynch trader who founded “The Sevens Report” newsletter, is among those following the number of airline passengers that pass through TSA checkpoints each day. The numbers have edged higher in recent weeks, but are still more than 70% lower than where they stood a year ago.“Throughput could be peaking, and if that’s the case, it’s a signal that the economic recovery is plateauing or stalling in response to the spike in Covid cases, and that adds to the downside risk in stocks,” Essaye wrote to clients July 9.Restaurant BookingsThere’s evidence that worsening virus trends are starting to adversely impact consumer behavior -- and key among the warning signs are restaurant bookings, according to Lori Calvasina, head of U.S. equity strategy at RBC. She says the S&P 500’s performance stalled as the trend, measured using OpenTable data, deteriorated in the U.S.“Restaurant booking trends have been choppy at the national level, with the year-over-year improvement peaking on June 21st, and have deteriorated in the states/major metropolitan areas with a rapid pickup in new coronavirus cases in recent weeks,” she wrote in a note.Take New York, for example. As of July 9, the number of diners seated at New York restaurants was 92% below year-ago levels, according to OpenTable. The city has delayed the return of indoor dining to guard against an increase in virus cases as seen in states such as Florida, Texas and California.Homebase Employment DataOne metric tracked by Jim O’Sullivan, chief U.S. macro strategist at TD Securities, is employment data from Homebase, a free scheduling tool used by 60,000 businesses and a million hourly employees in the U.S.While likely exaggerated by the Independence Day holiday, the daily Homebase employment series showed “broad-based weakening in the past week,” O’Sullivan wrote in a report July 7. That followed a stalling out in the prior two weeks.Credit Card SpendingJesse Edgerton, an economist at JPMorgan Chase & Co., has been issuing reports of spending by a panel of 30 million of its credit and debit cardholders. Data through July 5 show spending remains below a June 22 peak and appears to have “flattened out,” Edgerton wrote in a Thursday report.He not only uses the data to track consumer spending habits, but also watches these metrics as an indicator of future Covid spread.“This modest pullback in nationwide spending has not been driven by a sharp pullback concentrated in states where the virus has spread rapidly, but instead by modest pullbacks that are widespread across states,” Edgerton wrote. “This pattern raises the concern that behavior has not changed enough to stem the spread of the virus in the hardest-hit states.”Views on Why Markets Are Holding UpPolicy and political will:“A lot of it has to do with the support underlining the market from the Fed, quite honestly,” said Jeff Mills, chief investment officer of Bryn Mawr Trust. “I also think that investors believe that the political will to re-shut down the economy the way we saw a couple of months ago just isn’t there. So although it might slow down recovery and reopening to some extent, I think that investors believe that you’re not going to see, sort of, this full stop again and data will probably continue to get incrementally better even if it’s a little bit slower.”‘Moderating V’ recovery is just fine:“A lot of the very rapid rebound we’re seeing, and actually right now we’re even seeing it in some of the movie theaters as they’re starting to open up just the last couple of weeks around the world, everybody expected a little bit of pent-up demand,” said Jeffrey Kleintop, chief global investment strategist for Charles Schwab & Co. “So I don’t think it’s as surprising to see maybe that slow a little bit. I think there’d be concern if it headed back down in the shape of a W, but the fact is, maybe the V starts to moderate a little bit, which was I think in everyone’s expectations, kind of the base case anyway, so it’s not too upsetting for the market.”They’re not:“The S&P 500 isn’t actually pricing in that everything is great. In fact, if you look at the stocks that are actually the priciest within the market, a lot of them are the continued work-from-home, Covid, the companies that would actually benefit perversely from a second wave,” Savita Subramanian, BofA’s head of U.S. equity and quantitative strategy, said on a conference call with reporters. “For example, tech or kind of online versus brick-and-mortar, etc. -- you’re still seeing those valuations firmly skewed towards the idea that we’re not getting back to business as usual anytime soon. But I think that’s one kind of aspect to keep in mind -- is that the market isn’t necessarily pricing in an all-clear on the economy, but it’s really been driven by companies that are less economically sensitive.”(Adds more data examples in sixth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The coronavirus pandemic is far from over, and many states that have reopened recently are seeing surges in the number of COVID-19 cases. A second wave of the pandemic could affect your retirement plans, so it's a good idea to have a strategy in place now for how COVID-19 could influence your senior years. Because Social Security benefits will likely be an integral part of your retirement plan, it's important to make these crucial moves before you retire.
An excerpt from the Hidden Value Stocks June 2020 Issue, featuring an interview with Andrew Oskoui, the portfolio manager and founder of Blue Tower Asset Management. Interview One – Andrew Oskoui: Blue Tower Asset Management Andrew Oskoui, CFA, is the portfolio manager and founder of Blue Tower Asset Management. Blue Tower combines quantitative and value philosophies by […]
This year's virtual Comic-Con@Home has announced its schedule for Saturday, July 25. The highlights are below. The virtual event replaces the annual San Diego Comic-Con, the largest fan convention in North America, which was to be held July 22–26 at the San Diego Convention Center, until the COVID-19 pandemic forced its cancellation. In June, Comic-Con […]
Singapore's ruling party is stung by its worst ever election results on Saturday (July 11). The People's Action Party - PAP- signaled a possible delay to its meticulous succession plans. Here's Prime Minister Lee Hsien Loong. "On the outcome of the election, the popular vote is 61.2 percent, we won 83 seats out of 93, we have a clear mandate. But the percentage of the popular vote is not as high as I had hoped for." He added the results showed "a clear desire for a diversity of voices." Singapore's politics have been defined by stability and predictability. Dominated by PAP since its independence in 1965, it has been crucial in developing the city-state into a global financial hub. Lee is the son of Singapore's founding leader Lee Kuan Yew, who had said he was preparing to hand over the reins to the new generation of leaders in coming years. However, his designated successor, Deputy Prime Minister Heng Swee Keat, scraped through with 53% of the vote in his constituency in the first real test of his popularity. With an overwhelming parliamentary majority, the PAP rarely has to court public opinion on policy or government plans. Heng had been selected by his peers as a future leader in a secretive process compared to how cardinals pick a pope.
Investors began discussing the possibility after a job posting surfaced this week advertising a position within a business unit named Gryphon that is building a “subscription platform.”
With so many people staying home during the COVID-19 pandemic and needing to entertain themselves, Netflix (NASDAQ: NFLX) has emerged as an inadvertent beneficiary of the public health crisis. Goldman Sachs released a bullish note on Friday, reiterating a conviction buy rating on the stock. The analyst believes that Netflix enjoyed record quarterly app downloads in the second quarter, with year-over-year growth in downloads hitting the highest levels since early 2016.
The potential closure of the Dakota Access Pipeline could have big ramifications for drillers in the Williston Basin who will now be forced to export their crude by train
7-Eleven's annual Free Slurpee Day has been canceled, Chick-fil-A Cow Appreciation Day postponed and the July Tax Day isn't a day of free food.