Latest in Second oil company CEO conspired with OPEC to keep prices high, FTC charges
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With Oil Prices Weak, OPEC Plus Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.Business - The New York Times - 23 hours ago -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...Business - MarketWatch - 22 hours ago -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - Yesterday -
Dan Price, Former CEO of Gravity Payments, Charged With Rape
The former chief of Gravity Payments rose to prominence with the introduction of his company’s $70,000 minimum salary and a splashy social media presence.Tech - The New York Times - October 25 -
Ex-Gravity Payments CEO Dan Price Faces Rape Charge in California
Price cultivated a big social media following by skewering corporations. Now he’s the target, over sexual misconduct allegations.Business - Inc. - October 28 -
Opec+ members delay planned rise in oil production
Cartel to leave output curbs in place an extra month in effort to boost anaemic crude pricesBusiness - Financial Times - Yesterday -
Oil Jumps as OPEC+ Further Delays Output Hike
Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.World - The Wall Street Journal - Yesterday -
What will OPEC+ decide on oil output? Here’s why it’s complicated.
Developments in the Middle East have and worries about the prospects for global demand have fueled volatile trading in the oil market in recent weeks and that makes an upcoming decision by major ...Business - MarketWatch - 3 days ago -
'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts
The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.Business - CNBC - Yesterday -
When Hurricanes Hit, This Company Helps Keep the Lights On
Grid management platform Neara just raised a $31 million Series C to fund its expansion in the U.S.Business - Inc. - 18 hours ago -
US oil companies risk an unexpectedly large bill
Investor group alleges that US oil and gas groups are breaking the rules on corporate financial disclosureWorld - Financial Times - October 18 -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - October 28 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - October 28 -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - 11 hours ago -
Ex-Abercrombie CEO used power, wealth and influence to traffic vulnerable men, prosecutors say
Prosecutors in the US said the men used force, fraud and coercion to engage in "violent and exploitive" sexual acts.Top stories - BBC News - October 23 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
At London Pen Shows, Collectors Seek ‘Art of the Highest Quality’
For collectors and enthusiasts at the London Pen Show, the finest writing instruments can cost thousands of dollars. As one dealer put it, “This is art of the highest quality.”Lifestyle - The New York Times - October 22