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New York Mercantile Exchange › (NYMEX:UX.G13.E)


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Today's Financial News

Restaurants are increasingly turning to pre-paid ticket technology for dinner reservations

6 hours ago

At noon on a recent Wednesday in May, San Francisco's Lazy Bear restaurant began taking reservations for June. Just 45 minutes later, nearly every seat for the entire month was sold out. Not reserved. Sold. As in, every meal for almost every seat for an entire month bought and paid for in advance. That's because Lazy Bear uses an increasingly popular ticketing system model for its "reservations" that asks diners to pay upfront for their meals much the way theater patrons pay for their seats. The tickets cannot be refunded or changed, though they can be given to someone else, much as one could with tickets to a concert or a baseball game.

Report: Health insurer Humana considers a sale, stock soars to new highs

6 hours ago

Trading of Humana shares halted briefly Friday afternoon as speculation grew that one of the nation's biggest health insurers might be up for sale. Analysts have been discussing for a few weeks the possibility that large health insurers flush with cash may be deal hunting. Humana is considering a sale and has received takeover interest, The Wall Street Journal reported Friday, citing anonymous sources.

THE LATEST: Prince Ali withdraws from FIFA's presidential race; Sepp Blatter wins 5th term

6 hours ago

ZURICH (AP) — The latest on FIFA developments: 7 p.m. (1700 GMT; 1 p.m. EDT) Prince Ali has withdrawn from FIFA's presidential race, leaving incumbent Sepp Blatter to capture a fifth term in office. The prince from Jordan pulled out only minutes after Blatter captured 133 of the 206 valid votes cast in a secret paper ballot in the first round of voting. Ali had won 73.

Court says Actavis PLC switch of patented Alzheimer's drug violates US antitrust law

6 hours ago

ALBANY, N.Y. (AP) — A federal appeals court has ruled that drug manufacturer Actavis PLC's attempted switch of patented Alzheimer's medication, which halted distribution of the old drug before its patent expires this summer, violates U.S. antitrust law. New York Attorney General Eric Schneiderman sought that court order. He alleged antitrust and state law violations by Actavis in pushing about 500,000 patients to its new patented drug Namenda XR to avoid losses from cheaper generics.

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