Wednesday, November 30, 2016

Trump shows his jobs chops

Donald Trump staked his credibility as a negotiator -- the underpinning of his grand entrance to politics -- on a very specific claim.


Charlotte Officer 'Justified' in Fatal Shooting of Keith Scott

A prosecutor said Wednesday that Officer Brentley Vinson will not face charges in the Sept. 20 shooting of Keith Lamont Scott, whose death set off days of unrest.

Oil prices surge, smash trading volume records as OPEC, Russia agree output cut

SINGAPORE (Reuters) - Oil prices shot up more than 12 percent, smashing trading volume records, after producer club OPEC and Russia cut a deal to reduce output to drain a global supply glut, but analysts warned prices could recede as other producers stand by to fill the gap.


Tuesday, November 29, 2016

Leaner and meaner: U.S. shale greater threat to OPEC after oil price war

NEW YORK/HOUSTON (Reuters) - In a corner of the prolific Bakken shale play in North Dakota, oil companies can now pump crude at a price almost as low as that enjoyed by OPEC giants Iran and Iraq.


Trump eyes ex-Goldman banker Steve Mnuchin for Treasury

Donald Trump will reportedly pick former Goldman Sachs bank executive Steve Mnuchin as US treasury secretary.

Carrier: Deal struck with Trump to keep nearly 1,000 jobs

President-elect Donald Trump and Carrier have reached a deal that will keep nearly 1,000 factory jobs in Indiana, the company said on Tuesday.


What may have caused deadly plane crash

Kickoff was set for Wednesday night.


RBS fails Bank of England stress test, must bolster capital

LONDON (Reuters) - Royal Bank of Scotland will have to bolster its capital holdings after it failed this year's stress test of seven British lenders, the Bank of England said on Wednesday.


Canada approves Trans Mountain, Line 3 pipelines, rejects Northern Gateway

Canadian Prime Minister Justin Trudeau approves two major pipeline projects, but rejects a third proposal.

Photos: Colombia plane crash

A charter airplane with more than 80 people on board, including players from the Brazilian soccer team Chapecoense, crashed near Rionegro, Colombia, on Monday, November 28. At least 75 people were killed.


Consumers, exports give U.S. economy muscle in the third-quarter

WASHINGTON (Reuters) - The U.S. economy grew faster than initially estimated in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports.


Wildfires scorch at least 250 buildings in Gatlinburg

Three Gatlinburg-area resorts appear to have been destroyed by wildfires in the popular tourist area in eastern Tennessee, Tennessee Emergency Management spokesman Dean Flener said Tuesday morning. The resorts are the Ober Gatlinburg amusement park and ski area, the Black Bear Falls log-cabin rental resort, and the Westgate Mountain Resort & Spa, Flener said, citing initial reports from Sevier County emergency management officials.


Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

VIENNA (Reuters) - Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a deal to limit output and boost the price of crude when it meets on Wednesday.