My 7 Must-Own Stocks to Build Up Your Retirement
The prevailing wisdom is to overweight in bonds in order to generate income and to allegedly reduce volatility in the overall portfolio. The other terrible advice that is given to current and pending retirees is that retirement investors should plow money into blue-chip stocks that pay dividends of 2% to 3%.
Schlumberger seeks to monetize assets at production management unit
Oilfield services provider Schlumberger NV said on Friday it was looking to monetize some assets in its production management business and was "fully expecting to engage" with interested parties over the next few quarters. Schlumberger Production Management (SPM), formed in 2011 to develop client assets as the oilfield services major looked to diversify its business, had $1.4 billion in revenue in 2016.
Registration for FTR’s annual conference now open
BLOOMINGTON, Ind. — Registration is open for the 2018 FTR Transportation Conference. The FTR conference, now in its 14th year, is being held September 11-13, 2018 in Union Station in downtown Indianapolis, Ind. With over 80 of the industry's leading… ...Read the rest of this storyRigid, continuous on/off-duty time is source of HOS problems, drivers say
More of a problem than the 14-hour overall time frame to drive and 10 hours of off-duty time specified for commercial truck drivers in the federal Hours of Service (HOS) rules is the continuous, unstoppable structure of that time, truck drivers have told Fleet Owner. ...Read the rest of this storyOil falls after Trump criticises OPEC for artificially high prices
Oil prices fell on Friday after U.S. President Donald Trump criticised OPEC and said oil prices were artificially high, but they were still set for a weekly gain. Brent crude oil futures (LCOc1) were at $73.01 per barrel at 1357 GMT, down 77 cents from their last close. "Looks like OPEC is at it again," Trump wrote in a post on Twitter.