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U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Wildfires rage in Canada’s oil hub
Blazes put more than 2mn barrels a day of supply at risk amid geopolitical tensions in Middle East and RussiaFinancial Times - World -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Chevron to sell UK North Sea assets as it exits ageing oil basin
Company to focus on newer oilfields, bringing to an end more than 55 years of operations in regionFinancial Times - Business - United Kingdom -
Collusion claims in US oil must reckon with record production
It should be no surprise that Texans are themselves capitalists firstFinancial Times - World -
Extent of oil spill following barge collision with Texas bridge unclear: Coast Guard
Officials are monitoring an oil spill in Texas waterways after the partial collapse of a bridge that was struck by a barge.ABC News - Top stories -
Chevron to sell off its remaining North Sea oil and gas fields
US company denies decision is linked to UK’s 35% windfall tax on North Sea producers. Chevron is preparing to call time on more than five decades in the North Sea with a plan to sell its remaining oil and gas fields in the ageing oil basin.. The ...The Guardian - World -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Oil futures edge higher, set for modest weekly gains
Oil futures headed for modest weekly gains on Friday early morning as economic data from the U.S. and China raised hopes for stronger crude demand.MarketWatch - Business -
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ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
'UnStuck' Review: Stuckey's, Back on the Road Again
For cheap gas, hot dogs, pecan rolls and Davy Crockett hats, Stuckey’s was a familiar waystation on midcentury car trips. Can it be revived?The Wall Street Journal - World -
'Typing Is for Girls' Came Back to Bite Me
I vividly remember thinking, as a science major, thank God I will never see a keyboard again!The Wall Street Journal - World -
'Back to Black' Review: Amy Winehouse's Songs and Struggles
Marisa Abela plays the Grammy-winning British singer in this vivid, pain-filled biopic directed by Sam Taylor-Johnson.The Wall Street Journal - World -
Nuclear industry brings back ‘silver tsunami’ of retirees
Older workers in demand as western companies prepare for biggest wave of new projects in decadesFinancial Times - World -
Can live sport win back Gen Z?
Young people’s interest in watching sporting events is waning, threatening a business model built on broadcasting rightsFinancial Times - Business -
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Aegon Backs Guidance, Launches Fresh Buyback
Aegon said it was on track to meet its guidance for a key earnings figure this year after a decline for the first quarter, and launched a new share buyback program of up to €200 million.The Wall Street Journal - Business -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Bridgerton's back: The best yet or losing its bite?
Some critics say the Netflix show's as seductive as ever, but others feel its charms are wearing off.BBC News - Top stories -
Alleged ‘deal’ offer from Trump to big oil could save industry $110bn, study finds
Ex-president at Mar-a-Lago last month hosted more than 20 executives, including from Chevron, Exxon and Occidental. A “deal” allegedly offered by Donald Trump to big-oil executives as he sought $1bn in campaign donations could save the industry ...The Guardian - World - Donald Trump -
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Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing
A wildfire that has forced thousands of people out of their homes in Canada’s oil sands hub city of Fort McMurray, Alberta is being held in place as rain and cooler temperatures sweep through the areaABC News - World -
Why we’re relaunching our guide to post-Brexit Britain
Upgrading state will take more than money; plus, businesses bewail new hostile environment for overseas graduatesFinancial Times - Business - United Kingdom -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - World -
'That was a lie!': Trump's lawyer gets heated during questioning of former fixer Michael Cohen
Michael Cohen will be back on the witness stand to continue facing off against Donald Trump's defense as the historic criminal case against the former president nears an end.NBC News - Top stories - Donald Trump -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Post-Brexit deal on border between Gibraltar and Spain remains unresolved
European Commission vice president, Maroš Šefčovič, cites progress on trade and economy for territory but not border checks. Talks on a post-Brexit deal to govern the border between Gibraltar and Spain have broken up without an agreement, although ...The Guardian - World -
Walmart Posts Sales Growth, Raises Earnings Outlook for the Year
In the U.S., more people shopped at Walmart and bought more products, but the average amount spent per visit was flat compared with the same quarter last year.The Wall Street Journal - Business -
Alan Bates rejects second Post Office compensation offer
The latest offer amounted to around a third of what the campaigner had asked for.BBC News - Top stories -
Hogan Backs Codifying Roe, Tacking Left on Abortion Ahead of a Tough Race
The former two-term Republican governor, who vetoed legislation in Maryland to expand abortion access, called himself “pro-choice” in an interview and said he would back a federal law to ensure access to the procedure.The New York Times - Top stories - Abortion -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
Is Double Denim Back? Fashion Savants Have Proclaimed Its Return.
It’s twilight time for the era of hoodies and sweats. Make way for another kind of suit, pairing a trucker jacket with matching jeans.The New York Times - Lifestyle -
Hogan backs codifying Roe v. Wade, calls himself 'pro-choice'
Former Maryland Gov. Larry Hogan (R) said he would back codifying Roe v. Wade abortion protections and called himself “pro-choice” in a new interview, as he seeks Democratic support in his match-up against Prince George’s County Executive Angela ...The Hill - Politics -
‘More than capable’: Taylor backs City’s scoring ability for WSL decider
‘They can score three or four in five or six minutes’Manchester City manager upbeat before Villa showdownGareth Taylor has backed his side to score enough goals to overhaul Chelsea on the final day of the Women’s Super League season. Manchester ...The Guardian - World -
Vance claps back at Romney over Trump-related criticism
Sen. JD Vance (R-Ohio) made it clear Thursday that he didn’t appreciate Sen. Mitt Romney (R-Utah) criticizing his appearance at former President Trump’s trial as “embarrassing” and advised his colleague from Utah to focus more on his legislative ...The Hill - Politics - Donald Trump -
Donovan Mitchell claps back at rumor suggesting he was frustrated with Cavaliers teammates
Mitchell has been at the center of trade speculationCBS Sports - Sports