Economy

Russia's possible nine-month extension of an oil output reduction agreement with the Organization of the Petroleum Exporting Countries (OPEC ) aims to regulate fossil fuel prices, Kremlin spokesman Dmitry Peskov said Tuesday. Goldman Sachs, one of the most active banks in commodities trading , said on Monday a nine-month extension would help rebalance inventories in 2017 and keep Brent prices near $57 per barrel.
  • 'Drive them out': Trump urges Muslim leaders to confront extremism

    Economy

    The major speech , which Trump delivered Sunday during an Arab-Islamic-American summit in Riyadh to leaders of 55 Muslim-majority countries, marks Trump's first effort to reach out to the world's 1.6 billion Muslims worldwide. Speaking a day after Iran re-elected the relatively moderate Hassan Rouhani as president, Mr Trump risked reigniting tensions with Tehran by accusing the country of bearing responsibility for instability in the region.
  • Ford replaces CEO Mark Fields with autonomous guru Jim Hackett

    Economy

    As former CEO of Steelcase Inc., Hackett led the company to become the world's number-one office furniture maker and has also served as interim athletic director at University of MI. In the previous year, Ford has experimented with pilot programs for predictive parking, ridesharing, and a predictive shuttle service. Former CEO, Mark Fields .
  • Rod Rosenstein: Jeff Sessions, Donald Trump wanted James Comey gone

    Economy

    If Comey's version is to be believed, it's clear what Trump was getting at during his discussion with the man who was in charge of investigating him. A day after appointing former FBI Director Robert Mueller to lead the independent probe, Deputy Attorney General Rod Rosenstein appeared behind closed doors before the full Senate.
  • Darvish tops Tigers again, Napoli homers as Texas rolls 5-2

    Darvish tops Tigers again, Napoli homers as Texas rolls 5-2

    Economy

    That's a pace for 47 home runs and more than 100 RBIs. Nomar Mazara had a two-run double and Jonathan Lucroy hit a solo homer for Texas (23-21). In the span of 48 hours, Houston lost its staff ace and primary backstop, altering the course of its seven-game homestand, which began with three losses to the Indians.
  • First working session of G7 finance summit begins

    First working session of G7 finance summit begins

    Economy

    Later, French Finance Minister Michel Sapin said he and other ministers told Mnuchin not to weaken global policies that had been put together painstakingly over years and had helped the world economy recover from the financial crisis that broke almost a decade ago.
  • Traders Purchase Large Volume of Advance Auto Parts Put Options (AAP)

    Traders Purchase Large Volume of Advance Auto Parts Put Options (AAP)

    Economy

    The 52-week range of the share price is from $23.66 - $30.25. SORL Auto Parts, Inc , through its interests in the Ruili Group Ruian Auto Parts Co, Ltd., a Sino-foreign joint venture (Joint Venture), develops, manufactures and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers (OEMs), and the related aftermarket both in China and overseas.
  • 8 judges on Venezuela's Supreme Court hit with USA sanctions

    Economy

    Earlier, Haley said in a statement that Venezuela was "on the verge of a humanitarian crisis" and urged the global community to work together "to ensure Maduro ends this violence and oppression and restores democracy to the people". "You sort of have to wonder: Why is that happening?" "Venezuela is a mess", Trump said. In February , the target was Vice President Tareck El Aissami, whom USA officials accuse of being involved in worldwide drug trafficking.
  • AT and T workers strike local retail stores

    Economy

    Rather than keeping those good-paying jobs here at home, AT&T has contracted with third-party vendors operating in countries with low wages and weak labor protections. Some 17,000 other potential protesters come from AT&T's home phone, internet and cable division in California, Nevada and CT. The wireline and DirecTV workers have been without a new contract for over a year and held a one-day strike in March.
  • Autozone INC (Put) (AZO) Holder Citadel Advisors LLC Cut Stake

    Autozone INC (Put) (AZO) Holder Citadel Advisors LLC Cut Stake

    Economy

    Morgan Stanley now owns 36,066 shares of the company's stock worth $27,710,000 after buying an additional 386 shares in the last quarter. The company has a 50 day moving average of $696.49 and a 200 day moving average of $740.71. Shares of AutoZone (NYSE: AZO ) opened at 659.49 on Tuesday . Graves William W sold $8.84M worth of stock. Equities research analysts forecast that AutoZone will post $45.24 earnings per share for the current year.
  • Germany, France confident of unlocking Greek aid

    Germany, France confident of unlocking Greek aid

    Economy

    Ministers did not agree on releasing new loans to Athens, but Jeroen Dijsselbloem said work was progressing towards a next disbursement "before the summer". He said he hoped for a deal at the next eurozone meeting on 15 June. Euro-area finance ministers committed last May to a set of potential measures to ease the repayment terms on Greek bailout loans after the end of the program in 2018, but the degree to which these measures will be implemented is still a subject of contention.
  • Earnings Analysis Of AK Steel Holding Corporation (AKS)

    Economy

    On Monday, December 5 the stock rating was maintained by Deutsche Bank with "Hold". 4/24/2017-Macquarie Upgrade from a "Neutral " rating to a " Outperform" rating. The stock being overvalued and undervalued sometimes depends upon the market situation as well. The insider Strauss Mark F. sold 13,011 shares worth $1.01 million.