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19 May 2015
WALL STREET
Stocks edge higher
in quiet trading
The stock exchange crept to your record full of an abandoned session Monday.

Investors had little news to weigh since the majority of major companies have finished reporting first-quarter results.

The Dow Jones industrial average added 26.32 points, or 0.1 percent, to 18,298.88. The typical & Poor’s 500-stock market index rose 6.47 points, or 0.3 %, to 2129.20, plus the Nasdaq composite rose 30.15 points, or 0.6 percent, to 5078.44.

One of the winners was Apple, which rose $1.42, or 1 percent, to $130.19. Activist investor Carl Icahn published a letter Monday calling for the technology giant to obtain back more of its stock. Icahn said Apple may be valued at $240 a share. Apple and Icahn have...


19 May 2015
Federal water managers released a written report Monday projecting that Lake Mead's water levels will fall below an argument in January 2017 that will force supply cuts to Arizona and Nevada.

The negative impacts may be serious. Arizona's allocation of Colorado River water might be cut 11.4 percent, or by a sum normally used by in excess of 600,000 homes. Nevada's share may be reduced 4.3 %. Think 26,000 homes.

But officials heading water agencies within the two states and California took a wait-and-see procedure for the projections posted from the U.S. Bureau of Reclamation.

They pointed to fluctuations in precipitation levels just since January. They added more are going to be known in August when the bureau knows the amount runoff...