Category Archives: Business

Retailers abandoning social media?

A recent story in the Daily Mail suggests that the hashtag may be over as researchers reveal Super Bowl ads have abandoned them (and Facebook and Twitter) for URLs. As a URL based news service, we hate to gloat so here is what the Daily Mail reported:

Out of the total 66 ads that aired during Super Bowl LI, only 30 of them included a hashtag – while 41 percent displayed the firm’s URL. Continue reading

The all-purpose ring perfected

Groove Life is the creator of the first ring to withstand the demands of the adventurer, athlete, outdoorsman, and those who work with their hands. The Groove Ring is a revolutionary new accessory for the active trend setter who wants to do it all without worrying about losing a finger in sticky situations.

Tulsa Today staff have tested these rings which amaze in both comfort and durability. Now in time for Valentine’s Day, the company provides a special offer for your special one. Continue reading

John Doak candidate for FIO, FSOC roles

Oklahoma Insurance Commissioner John D. Doak

According to S&P Global Market Intelligence, OK Insurance Commissioner John D. Doak is under consideration to fill key regulatory positions, including the directorship of a potentially re-imagined Federal Insurance Office (FIO).

In addition to the FIO role, those high-profile positions include the independent member with insurance expertise on the Federal Stability Oversight Council (FSOC) and high-level Treasury Department slots. Continue reading

Bill proposes fee on oilpatch wastewater

State legislation filed today by a Democrat lawmaker would assess a nickel-per-barrel fee on all “deleterious substances” pumped into any commercial injection or disposal well in Oklahoma.

House Bill 1330 by Minority Floor Leader Rep. David Perryman (D-Dist. 56) defines “deleterious substances” to include “any chemical, saltwater, oil field brine, waste oil, waste emulsified oil, basic sediment, mud or injurious substances produced or used in the drilling, development, production, transportation, refining and processing of oil, gas or brine mining.” Continue reading

American Airlines reports profit

FORT WORTH, Texas, Jan. 27, 2017 — American Airlines Group Inc. (NASDAQ:AAL) today reported its fourth quarter and full year 2016 results. The Company’s earnings highlights include:

  • Fourth quarter 2016 pre-tax profit of $500 million, or $773 million excluding net special charges, and net profit of $289 million, or $475 million excluding net special charges
  • Full year 2016 pre-tax profit of $4.3 billion, or $5.1 billion excluding net special charges, and net profit of $2.7 billion, or $3.2 billion excluding net special charges
  • Fourth quarter Total Revenue per Available Seat Mile (TRASM) was up 1.3 percent year-over-year, marking the first year-over-year increase since the fourth quarter 2014
  • The Company accrued approximately $57 million in the fourth quarter for its profit sharing plan, bringing the total accrual to $314 million for 2016
  • Returned $606 million to stockholders through share repurchases and dividends in the fourth quarter, for a total of $4.6 billion in 2016. Announced a new $2.0 billion share repurchase authorization

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