Venezuela’s currency devaluation is so out of control the stock market is about to bust. Regulators say they have to lop three zeros off the price of equities on the exchange after determining its computers could no longer handle the swelling values for local shares as the bolivar has tumbled more than 99 percent versus the dollar in the past few years. The change takes effect May 2 according to Bloomberg.com. Continue reading
TULSA – Helmerich & Payne, Inc. today reported a net loss of $12 million or $(0.12) per diluted share from operating revenues of $577 million for the second quarter of fiscal 2018. The net loss per diluted share includes $(0.07) of after-tax losses comprised of select items(3). Net cash provided by operating activities was $125 million for the second quarter of fiscal 2018. Continue reading
Facebook representatives told Barack Obama’s 2012 campaign that they had been allowed to use the platform in ways that would have otherwise been prohibited, because Facebook was “on our side,” according to explosive claims from Obama’s former director for media analytics, Carol Davidsen.
In a tweet storm, Davidsen wrote that Facebook was “surprised” the Obama campaign was able to “suck out the entire social graph” (an individual’s network of friends on Facebook), but did nothing to stop them once they found out. Continue reading
Governor Fallin Friday participated in a groundbreaking ceremony for Sofidel Group, an Italian manufacturer of tissue paper investing $360 million in Inola. The new plant will support 300 permanent jobs and 500 construction jobs in Rogers County.
“Sofidel will build here an integrated plant to serve the south-central and central-western areas of this great country, where we have been operating since 2012,” said Luigi Lazzareschi, chief executive officer (CEO) of Sofidel Group. “I am glad to announce this new greenfield investment – the second one, after the first made in Ohio. This new investment will support our growth in the U.S. significantly.” Continue reading
The Muscogee (Creek) Nation held a ribbon cutting on a new 118,075 square-foot Okemah Creek Nation Community Hospital and dedicated the facility to all tribal citizens, the community of Okemah and area residents Friday.
The facility is only one of two Indian-owned hospitals in Oklahoma that serves the general public with the other being the MCN Medical Center in Okmulgee, Okla. Continue reading