Recent global stock upturn fizzles after China rating downgrade – Reuters

LONDON World stocks inched lower on Wednesday after China’s sovereign credit rating was downgraded and as investors eyed a pause in Wall Street’s four-day winning streak, the longest in over three months. The dollar and bond yields were steady, with investors growing gradually more confident that the Federal Reserve will raise U.S. interest rates next […]

OPEC set to prolong oil cuts as delegates predict smooth meeting – Reuters

VIENNA OPEC will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets this week to debate how to tackle a global glut of crude. OPEC’s de facto leader, Saudi Arabia, favors extending the output curbs by nine months rather than the initially planned six […]

Disruptive passenger in Trump cap delays Shanghai flight – Washington Post

BEIJING — A disruptive passenger on a United Airlines flight from Shanghai to New Jersey was asked to get off the plane in a politically tinged altercation, resulting in an unscheduled stop in San Francisco and an arrival delayed by eight hours. Video on social media showed an unidentified man wearing a red “Make America […]

Iraq could make OPEC-led oil output cut extension difficult, RBC’s Croft says – CNBC

Iraq could make OPEC-led oil output cut extension difficult, RBC’s Croft says – CNBC

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Even ‘Oracle of Omaha’ has made a few mistakes – Albany Times Union

Even ‘Oracle of Omaha’ has made a few mistakes – Albany Times Union

Caption Close Warren Buffett is quite possibly the greatest investor of all time. A stock market player since age 11, he has a lifetime of stock-picking experience that has served him well. For decades, the Berkshire Hathaway CEO — nicknamed the “Oracle of Omaha” — has shown his ability to read Wall Street like a […]

Strikers picket AT&T locations through Sunday – WFMJ

BOARDMAN, Ohio - Picket lines went up Friday afternoon at the AT&T call center on South Avenue in Boardman as members of the Communication Workers of America joined 40,000 other workers around the nation on a three-day strike. The strike got underway when the 3 p.m. deadline passed without the union and company reaching agreement […]

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