California's four year long drought conditions is making life difficult for people no doubt but conditions are worst in places like Okieville. In these areas wells have turned absolutely dry for several of the hundred modest homes located in the Central Valley of the state.
Oil is going through a slippery market. It fell for the third time in the month as the U.S. drillers are not showing any signs of slowing production even in the market where supply is in abundance.
Oil futures also dropped 1.8 percent in New York following the two-day rally in the last week, the biggest since 2009.
It’s a good tourism year for South Dakota. The tourism industry is on the rise, thanks to the lower oil prices, good weather and landmark events like the 75th Sturgis Motorcycle Rally and the 50th Custer State Park Buffalo Roundup.
On Friday, almost two third of Mylan NV shareholders voted in favor its bid for Perrigo Company Plc which manufactures quality affordable healthcare products. Mylan had offered $35.6 billion for Perrigo Co. which was rebuffed by its board. Now Mylan plans to take the offer to Perrigo shareholder directly.
On Friday, Dan Gilbert , the billionaire businessman said that he is buying Book Tower skyscraper and two more adjacent buildings on Washington Boulevard. The thirty eight storey Book Tower skyscraper has been lying vacant for long and Gilbert plans to transform them into "a game-changing, mixed-use development."
San Francisco, California based Uber Technologies Inc., closed its $1 billion fundraising round for its China arm, according sources. Reportedly, the investors in the fund raising included Baidu Inc., a unit of Citic Group Corp. in China and China Life Insurance Co.