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| Hedge funds bet wrong on US crude before slump, right on gold | | | * Funds put $3.3 bln into new crude longs before market fell * Bets on gold turned right as price rallies 3rd week in row By Barani Krishnan NEW YORK, July 26 (Reuters) - Hedge funds took huge positive bets on U.S. crude oil this week just before the market turned south but they had better luck going long on gold as the precious metal rallied, trade data and price charts showed on Friday. Positive wagers placed by money managers on contracts of West Texas Intermediate (WTI) crud |
| NASCAR's 'Bad Brad' | | | NASCAR champion Brad Keselowski talks to CNN's Carol Costello about winning and honoring the tradition of the sport. |
| Embraer shares fall on weak business jet outlook | | | SAO PAULO (Reuters) - Shares of Brazilian planemaker Embraer SA faced their worst session in a year on Friday, after executives warned that economic concerns seemed to be weakening demand for bigger... |
| Fitch Affirms Colgate-Palmolive's IDRs at 'AA-/F1+'; Outlook Stable | | | (The following statement was released by the rating agency) NEW YORK, July 26 (Fitch) Fitch Ratings has affirmed Colgate-Palmolive Company's (Colgate) ratings as follows --Long-term Issuer Default Rating (IDR) at 'AA-'; --Short-term IDR at 'F1+'; --Senior unsecured notes at 'AA-'; --$1.85 billion revolving credit facility at 'AA-'; --Commercial paper (CP) program at 'F1+'. The Rating Outlook is Stable. Estimated outstanding senior unsecured notes totaling $5.3 billion at June 30, 2013 are af |
| Bolt lives up to star billing at Games | | | Usain Bolt returned to the scene of his triple gold medal triumph at the 2012 London Olympics Friday and did not disappoint a capacity crowd soaking up a large dose of nostalgia at a Diamond League meeting. |
| FIFA puts heat on Qatar | | | Qatar will discover its World Cup fate in October after FIFA revealed it will make a decision over whether to move the tournament from summer to winter. |
| ArtsBeat What Inspired You to Work in Pop Music? | | | Next week, Ben Ratliff will write about what set him on the path toward becoming a pop and jazz critic for The Times. We want to hear from pop music professionals about what inspired their careers. |
| Kings Sign Captain Brown to Eight-Year Extension | | | Los Angeles Kings captain Dustin Brown has signed an eight-year contract extension, joining a number of key players committed to the club long-term, the National Hockey League team said on Thursday. |
| Dubai ruler pardons alleged rape victim | | | A Norwegian woman who was sentenced to prison after reporting she was raped in Dubai has been given a pardon, a spokeswoman for Norway's Foreign Ministry said. |
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