CNBC OPEC in driver's seat as 'Fast and Furious' oil stock draw eludesCNBCBloated global crude oil inventories are declining but not as quickly as OPEC expected, adding to pressure on the producer group to extend supply cuts, according to a CNBC poll of energy strategists, traders and economists. Oil markets are questioning …Oil's Plunge Accelerates Below […]
BBC News Delta Air Lines kicks US family off flight after row over toddlerBBC NewsUS airline Delta is facing a public-relations problem after a family claimed they were kicked off a flight for refusing to give up a child's seat. "This is a federal offence and then you and your wife will be in jail […]
BGR Elon Musk laughs off the idea of Apple buying TeslaBGRDuring the first three months of 2017, Apple managed to add a cool $10 billion to its bank account. When the company released its earnings report earlier this week, it revealed that its cash on hand now totals more than a quarter of a trillion […]
Washington Post GOP-led House panel votes to overhaul Dodd-FrankWashington PostWASHINGTON — House Republicans took a major step toward their long-promised goal of unwinding the stricter financial rules created after the 2008 crisis, pushing forward sweeping legislation that would undo much of President Barack Obama's landmark …House panel approves GOP Dodd-Frank rewriteThe HillJeb Hensarling's Financial Choice Act […]
Bloomberg Buffett Discloses Reduced IBM Stake Ahead of Berkshire MeetingBloombergWarren Buffett gave Berkshire Hathaway Inc. investors something to talk about at the company's annual meeting this weekend: He sold about a third of Berkshire's investment in computer-services giant IBM. Berkshire reduced the stake during the first and …Markets Live: Commodities crash ASX partyThe Sydney Morning HeraldWarren […]
BBC News Shake Shack shares fall after sales go coldBBC NewsShares of burger and milkshake chain Shake Shack sank by as much as 15% in after-hours trading after it posted an unexpected sales decline. The fast food company said revenue at existing stores fell 2.5% after cold weather in the US Northeast hurt sales.Shake Shack […]
Elon Musk tries to 'anti-sell' Tesla's Model 3Seattle TimesTwo months before the electric-car maker plans to begin production of its first vehicle to sell for near mass-market prices, CEO Musk told investors he's concerned expectations are too high. Share story. By. Dana Hull. Bloomberg News. An unlikely … and more » Subscribe to the RSS feed
Bloomberg Apple Makes $1 Billion Commitment Toward More U.S. Manufacturing JobsBloombergSan Francisco (AP) — Apple is getting more aggressive about emphasizing its role in the U.S. economy, apparently hoping to counter recurring criticism over its reliance on overseas factories. On Wednesday, Apple for the first time released a state-by …Apple plans to spend $1 billion […]
Charlotte Observer Santa Fe voters reject soda tax, hand rare win to industryCharlotte ObserverVoters in New Mexico's capital city rejected a tax increase on sweetened beverages Tuesday, handing a rare victory to the soft-drink industry after a string of recent defeats. The tax failed with 11,533 votes against and only 8,382 votes in favor, the […]
Reuters Dollar steady with eyes on Fed for rate clues; kiwi firmerReutersEuro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo. By Masayuki Kitano | SINGAPORE. SINGAPORE The dollar traded …Asia markets mixed after Wall Street gains, oil rebounds, as […]