Oil soars 10% after attack on massive Saudi oil facilities

NEW YORK (Reuters) – Oil futures jumped 10% on Monday after an attack on Saudi Arabian crude oil processing facilities over the weekend sliced the kingdom’s production in half and threatened to hamper shipments from the world’s largest crude exporter. Prices initially surged more than 20% after the open on Sunday evening, with Brent crude posting its biggest intraday gain […]

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Democratic Debate: Trump the winner as Biden again proves he’s not cut out to be nominee

Julian Castro defends challenging Joe Biden on the debate stage Democratic presidential candidate Julian Castro joins Peter Doocy on ‘Fox News @ Night’ following the third presidential debate in Houston. And the winner is . . . Donald Trump. The Democrats’ third presidential debate was a long-winded, platitude-filled disaster where no single candidate could claim a clear victory. Instead, the […]

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MIT, Jeffrey Epstein scandal widens with letter uncovered

Criminal case against Epstein dropped following his death Criminal defense attorney David Bruno on the Jeffrey Epstein case. The sordid Jeffrey Epstein saga continues despite his Aug. 10 suicide, as news emerged on Thursday that the disgraced Wall Street financier received a thank you letter for a donation made to a professor, which happened to be signed by the president […]

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JJ Abrams signs massive deal with WarnerMedia reportedly worth a half billion dollars

JJ Abrams partners with China’s Tencent for gaming studio Gamer World News host Tian Wang on the big business of video games. At first, it looked like Apple would win. Continue Reading Below Then, suddenly, Sony emerged as a favorite. Today, we have a victor in the 2019 JJ Abrams / Bad Robot sweepstakes. It's  AT&T's Warner Media. Abrams and his […]

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Here's why China embraced Costco, but spurned Amazon and Tesco

Costco was forced to shut its first China store after thousands crowded the wholesaler and caused traffic jams outside the store.  Analysts believe Costco satiates the hunger China has for a new concept, at a time when the development of the market is ideal.  Retail giants like Amazon and Tesco have actually retreated from the country after struggling to gain […]

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Global stocks edge higher as Trump acts to ease China trade tensions

LONDON (Reuters) – Stock markets clawed themselves off their lows on Monday but sentiment remained fragile after the latest flare-up in the U.S.-China trade war sent investors scrambling into government bonds and battered emerging market currencies. European equity markets had looked set to follow their Asian counterparts deep into the red but recovered when U.S. President Donald Trump said China […]

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Stocks falter, dollar recovers on renewed growth worries

NEW YORK (Reuters) – The dollar recovered from early weakness but a gauge of world equity performance edged lower on Thursday as concerns about global growth offset investor optimism over a surge in U.S. retail sales last month and strong Walmart earnings. Gold prices, which have climbed almost 20% since late May on uncertainty driven by the U.S.-Sino trade spat […]

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State agency targets Grubhub with proposal to cap fees

In the latest attack on Grubhub’s businesses model, a New York state agency proposed a cap on how much third-party companies can earn helping restaurants with food orders. The New York State Liquor Authority says it wants to prevent third-party food companies from charging more than 10 percent commission for delivering food or for helping to generate orders — unless […]

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