Additional Opec Production Cuts
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Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early February.MarketWatch - Business -
Whirlpool says it’s planning additional layoffs under restructuring plan
Whirlpool Corp. said Friday that it plans additional layoffs to the 1,000 it announced as part of a global restructuring plan in late April.MarketWatch - Business -
US regulator’s Opec collusion claim sets off tremor in oil patch
CEOs weighing mergers may think twice after FTC bars industry veteran from Exxon’s boardFinancial Times - Business -
OPEC+ Likely to Extend Output Curbs Beyond 2Q, JPMorgan Says
OPEC and its allies are likely to extend their voluntary production cuts beyond the second quarter at their upcoming meeting in June, according to JPMorgan.The Wall Street Journal - World -
Padres win third straight with 7-1 victory over D-backs, look forward to potential Arráez addition
Fernando Tatis Jr. and Jake Cronenworth hit back-to-back homers, Dylan Cease pitched 6 2/3 strong innings and the San Diego Padres won their third game in a row by beating the Arizona Diamondbacks 7-1 on Friday nightABC News - Sports - MLB -
Google defends ‘better’ search product as US antitrust trial wraps up
Department of Justice has challenged tech group’s market power in high-profile showdownFinancial Times - Business - Google -
Baldur's Gate 3 Console Deluxe Editions Hit Another Production Delay
Larian Studios has announced that it has encountered production issues with the console Deluxe Editions of Baldur's Gate 3, and is delaying their shipment.. The studio stated that the production issues are out of its control, and that all Xbox ...GameSpot - Tech -
A fall in Apple's sales in China shows that some consumers there no longer see Apple's product as the most advanced in technology.
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s product as the most advanced in technology.The Wall Street Journal - World - Apple -
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.The Wall Street Journal - World -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - World - China -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
‘Second renaissance’: tech uncovers ancient scroll secrets of Plato and co
Researchers and Silicon Valley are using tools powered by AI to read what had long been thought unreadable. More than 2,000 years after Plato died, the towering figure of classical antiquity and founder of the Academy, regarded by many as the ...The Guardian - World -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
Best streaming platforms for watching live TV after cutting the cord with cable
Find out which streaming platform is right for you, and the difference between Fubo, Sling TV and Hulu + Live TV.CBS News - Top stories -
Stock Market Rises After Jobs Report Revives Investors’ Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.The New York Times - Business -
With Pressure Rising for a Gaza Cease-Fire, Turkey Cuts Trade With Israel
Turkey said it would not resume trade with Israel until a “permanent cease-fire” in Gaza. The move came after a number of countries cut diplomatic ties with Israel.The New York Times - World - Israel