Ftc Says Expioneer Ceo Tried to Collude with Opec on Oil Prices
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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 -
BT’s CEO says she ‘loves to squeeze’ short sellers as shares jump
UK’s biggest telecoms group rises 17% as Allison Kirkby announces strategy and raises dividendFinancial Times - Business -
Carter Center CEO says 'no significant change' in Jimmy Carter's condition: AJC
Carter Center CEO Paige Alexander said in a Wednesday interview that there has been “no significant change” in former President Carter’s condition. “It’s 15 months of hospice at this point, and he is fully retired,” Alexander said on The Atlanta ...The Hill - Politics -
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 -
Richemont Names New CEO
Richemont said it appointed Nicolas Bos, currently chief of its French jewelry brand Van Cleef & Arpels, as its CEO.The Wall Street Journal - World -
Prices for premium commercial property have ‘bottomed out’, says Land Securities
Financial Times - Business -
‘He was not radical’: Slovakia tries to make sense of Fico shooting
Friends in town of Levice say 71-year-old showed no signs of planning attack, while Slovakian president says climate of hate is collective work. Mile L’udovit, like other residents of the unassuming grey apartment block on the outskirts of the ...The Guardian - World -
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 -
My real-estate agent says my house ‘smells like dog.’ Is this a ploy to lower the price?
“I have a very good nose, and it smells like the inside of an air freshener.”MarketWatch - Business -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Lula Pushes New Petrobras CEO to Boost Refinery, Gas Investments
Yahoo News - World -
easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business -
Richemont reinstates CEO role as it navigates luxury market downturn
Swiss luxury group appoints Van Cleef & Arpels head as it re-establishes role after almost a decadeFinancial Times - Business -
In 1 Sentence, Google CEO Sundar Pichai Just Summed Up What Every Company CEO Should Be Doing Right Now
Has big tech learned its lesson for how to responsibly engage its workforce?Inc. - Business - Google -
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 Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve -
How Vanguard stacks up against BlackRock in ETFs as new CEO Salim Ramji steps in
Vanguard is moving closer to BlackRock’s top ranking in U.S. exchange-traded-fund assets.MarketWatch - Business -
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
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 -
Rain, cooler temperatures help prevent wildfire near Canada's oil sands from growing
Yahoo News - World -
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 -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
House passes TICKET Act in an effort to increase transparency in pricing
The House passed the Transparency in Charges for Key Events Ticketing Act on Wednesday in an effort to increase price transparency for consumers.NBC News - Top stories -
A deeply divided Congress finds common ground: Concert-ticket pricing stinks.
The U.S. House of Representatives resoundingly passed a bill Wednesday that would mandate more transparency on ticket prices for live events and ban practices that jack up concert prices.MarketWatch - Business