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Business

OPEC on Verge of 9-Month Cuts Extension After Iraq Backing

Bloomberg - ‎12 minutes ago‎
OPEC and its allies were poised to continue their production cuts for another nine months after Iraq backed an extension, removing one of the last remaining obstacles to an agreement.
Oil prices fall on White House proposal to sell US oil reserves
Exclusive: U.S. Could Join Coordinated Approach To Oil Markets says Former Russian Energy Minister
Aljazeera.com
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DailyForex.com
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Disruptive passenger in Trump cap delays Shanghai flight

Washington Post - ‎8 hours ago‎
BEIJING - A disruptive passenger on a United Airlines flight from Shanghai to New Jersey was asked to get off the plane in a politically tinged altercation, resulting in an unscheduled stop in San Francisco and an arrival delayed by eight hours.

Short-dated Greek bond yields jump after debt relief delay

Nasdaq - ‎3 hours ago‎
... * Eurogroup meeting fails to agree bailout deal * IMF needs more realism from euro zone on Greece, official says * Manchester attacks, fresh Trump allegations cap bond yields * Euro zone private sector growth maintained in May * Euro zone periphery ...

Ford taps former office furniture executive to be new CEO

Washington Post - ‎14 hours ago‎
DEARBORN, Michigan - The job of Ford's new CEO won't be easy: He will have to shore up the 114-year-old company's traditional auto business, but also invest in self-driving cars and other projects that could one day make that business obsolete.

Apple Stock Targets Upped For Ultra-Pricey iPhone 8

ValueWalk - ‎1 hour ago‎
Apple stock picked up yet another series of price target increases from bullish analysts who predict that consumers can't wait to drop more than $1,000 on the iPhone 8. UBS, RBC Capital Markets and Morgan Stanley all raised their price targets for ...

The Looming Retail Bailout

Forbes - ‎1 hour ago‎
While the economy finally seems to have recovered from the Great Recession, complete with discussion of full employment and rising wages, the memo must have missed the retail industry, where top executives of Macy's, J.C.

Euro zone business activity remained buoyant in May: PMI

Reuters - ‎1 hour ago‎
An employee of German car manufacturer Mercedes Benz observes the connection between the bodywork and the chassis of an A class (A-Klasse) model at their production line at the factory in Rastatt, Germany, January 22, 2016.

Gay Dads Say Southwest Discriminated Against Them During 'Family Boarding'

HuffPost - ‎13 hours ago‎
A New York family says they were denied family boarding privileges on a Southwest flight over the weekend because the couple are same-sex partners.

Border Tax Gets Long-Anticipated House Hearing

Bloomberg - ‎1 hour ago‎
A sign is posted on the exterior of a Target store on Feb. 28, 2017, in Los Angeles. Photographer: Justin Sullivan/Getty Images. The hearing on the proposed border-adjustment tax that has split corporate America for months is finally happening, but the ...

Panicked student loan borrower: 'I've changed my life based on their promise'

CNNMoney - ‎9 hours ago‎
More than 400,000 people have planned their careers and financial futures around the Public Service Loan Forgiveness program. With the promise of debt forgiveness after 10 years of payments, the government program has allowed some people to return to ...

21 Uber Drivers Arrested by Hong Kong Police

Fortune - ‎2 hours ago‎
Hong Kong police on Tuesday arrested 21 Uber drivers for illegal car-hiring as part of a clamp down against Uber Technologies's operations in the Asian financial city.

Did Tesla Go Too Cheap On Enhanced Autopilot Hardware?

Seeking Alpha - ‎7 hours ago‎
When Tesla (NASDAQ:TSLA) first announced it was providing sufficient hardware to support "full self-driving capability," it was revealed that the processing power came from Rethink Technology favorite Nvidia (NASDAQ:NVDA).

Puma Biotech Shares Are Roaring On An FDA Review. Here's What Could Still Go Wrong

Forbes - ‎17 hours ago‎
The story of Puma Biotechnology has been one of the most dramatic in the drug business. Three years ago Puma's chief executive, Alan Auerbach, was a billionaire based on his holdings in the company.

Bitcoin jumps $200 in single day and has nearly doubled in May on surging global demand

CNBC - ‎15 hours ago‎
The cryptocurrency briefly leaped more than 11 percent to hit an all-time high of $2,289.21, according to CoinDesk.com. CoinDesk's two-and-a-half-day digital currency conference Consensus kicked off Monday.

After scare, Virgin Atlantic flight leaves Dubai for London

Washington Post - ‎24 minutes ago‎
DUBAI, United Arab Emirates - A Virgin Atlantic flight from Dubai to London that was evacuated over unspecified concerns earlier Thursday in the United Arab Emirates was cleared after a security check and took off for Britain, officials said.

Facebook's Zuckerberg is working on a way to connect you to people you 'should' know

Recode - ‎22 hours ago‎
Relationships are important to how you make decisions, the famous CEO has learned in his not-running-for-president journey. by Johana Bhuiyan@JMBooyah May 21, 2017, 8:19pm EDT.

US STOCKS-Wall St gains as defense, tech stocks rise

Business Insider - ‎12 hours ago‎
May 22 (Reuters) - Wall Street was higher in late morning trading on Monday, boosted by technology shares and as defense stocks rose after a multi-billion dollar arms deal between the United States and Saudi Arabia.

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Last Updated: 5/23/17, 5:02:03 am