Money

Oil slips, inventories curb recovery from four-month lows

Oil slips, inventories curb recovery from four-month lows

The December agreement, which meant to boost the oil market, did in fact raise the price of oil to $50 a barrel which in return encouraged USA shale oil producers to boost output. But the final versio...

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BHP Resists Call To Ditch Eagle Ford Shale, Permian Oil

BHP Resists Call To Ditch Eagle Ford Shale, Permian Oil

Elliott holds about 4.1% of BHP's London-listed shares. The proposal also urged BHP to demerge its United States petroleum assets into an entity to be listed on the New York Stock Exchange. For the ...

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Toshiba nuclear unit Westinghouse files for bankruptcy protection

The construction cost overruns fall on nuclear power plants that would have contained Generation III+ AP1000 reactors, which Westinghouse designed with "passive safety features", like using gravit...

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Maintained as Sell By Barclays Capital

KeyCorp has a "Sector Weight" rating on the stock. MSC Industrial Direct Co., Inc (MSM) stock stands -6.24% away from its 50-day simple moving average and also 13.96% away from the 200-day average. ...

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Trump advisers: US seeks to fight IS and oust Syria's Assad

Russian Federation immediately moved to suspend agreements on military cooperation in Syria with the USA meant to prevent accidental encounters between the two militaries. President Donald Trump's nat...

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U.S. threatens more pressure on Syria after missile strikes

At the same time, Russia's Defense Ministry assessed the combat effectiveness of the United States cruise missile strike at the airbase in Syria as "extremely low". Before Tuesday's attack on the rebe...

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Haley says Syria regime change is 'inevitable'

The joint command centre also said the presence of U.S troops in northern Syria where Washington has hundreds of special forces helping the Syrian Democratic Forces (SDF) to oust Islamic State was...

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PRRD to bring home OFWs given clemency

PRRD to bring home OFWs given clemency

Philippine President Rodrigo Duterte arrived Monday night in Saudi Arabia, where economic troubles forced the repatriation of thousands of his citizens still waiting for their salaries. "Quintana summ...

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G-7 ministers aim to press Russia to stop backing Assad

The move came as Foreign Secretary Boris Johnson warned that senior Russian military officers involved in co-ordinating President Assad's campaign of repression against his own people could face world...

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Delta expects 'relatively normal' schedule after days of storm disruption

The storm ravaged much of the city on Wednesday, dumping several inches of rain and leaving behind damaged property and downed trees, according to local media reports. Spring-breakers packing planes c...

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Wells Fargo orders two former executives to pay back $75 million

Wells Fargo orders two former executives to pay back $75 million

Contact information for Stumpf and Tolstedt was not immediately available Monday. In the aftermath of the scandal surfacing, the bank has: promoted Tim Sloan as chief executive; named Mary Mack ...

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Fed's Yellen says aim now is to let 'healthy' economy coast along

Fed's Yellen says aim now is to let 'healthy' economy coast along

With plans to gradually raise US interest rates, Federal Reserve Chair Janet Yellen expressed her desire to normalize and move toward a more neutral monetary policy moving forward during a discussion ...

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Delta cancels 275 Saturday flights; long lines reported at Atlanta airport

Delta canceled almost 3,000 flights this week for weather related issues. Several factors aggravated the air-travel headaches. The cancellations have also impacted travelers at Bradley Internati...

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Officer who dragged man off United flight placed on leave

This happened after the plane had been loaded, which is certainly an unusual wrinkle in the annals of passenger treatment. "They were saying you should be ashamed to work for this company". How do air...

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Comcast Developing Streaming Service Consisted of NBC Content

Comcast Developing Streaming Service Consisted of NBC Content

The service could launch within the next 12 to 18 months as the last remaining regulatory restrictions tied to Comcast's 2011 purchase of NBCUniversal expire. As Bloomberg explains, Comcast was forc...

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Fed Chair Yellen says economy close to achieving Fed goals

Fed Chair Yellen says economy close to achieving Fed goals

April 11 (BusinessDesk) - The New Zealand dollar rose amid concern geopolitical risks are on the rise after the U.S. diverted a United States carrier fleet to the Korean peninsula, while Federal Res...

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China urges US, North Korea to maintain calm

China urges US, North Korea to maintain calm

China - North Korea's closest ally - has pressed the U.S. to engage in direct diplomatic negotiations with North Korea. "There's a shared view and no disagreement as to how unsafe the situation has ...

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Delta Cancels 130 Flights Sunday After Week Of Heavy Delays, Cancelations

Between Friday and Saturday, almost 1,200 flights were canceled in total. "We, as always, learn from these experiences". For customers whose flights have been canceled, they will be eligible for a r...

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Wells Fargo probe blames sales culture, 'best banker in America' for scandal

Wells Fargo probe blames sales culture, 'best banker in America' for scandal

The compensation actions, among the largest in corporate history, include clawing back approximately $69 million from John Stumpf and $67 million from Carrie Tolstedt . Former CEO Stumpf, who resi...

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US, Mexico and Canada to make joint bid for 2026 World Cup

US, Mexico and Canada to make joint bid for 2026 World Cup

Gulati said that all games from the quarterfinals to the final would be played in the U.S. And that fact hasn't escaped new Federation Internationale de Football Association president Gianni Infanti...

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