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Category : Business (Archive for 2017-05-27) News by Google
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Reuters
OPEC, non-OPEC extend oil output cut by nine months to fight glut
Reuters
VIENNA OPEC and non-members led by Russia decided on Thursday to extend cuts in oil output by nine months to March 2018 as they battle a global glut of crude after seeing prices halve and revenues drop sharply in the past three years. Oil prices ...

TechCrunch
Zuckerberg tells Harvard we need a new social contract of equal opportunity
TechCrunch
Mark Zuckerberg's Harvard commencement centered around how we can improve life through big projects, equal opportunity, and building both local and global community. He outlined a plan “to create a world where every single person has a sense of ...

New York Times
GM Accused in Lawsuit of Deceit on Diesel Truck Emissions
New York Times
The 2015 GMC Sierra Denali 2500HD is among the models named in a lawsuit over emissions against General Motors. Credit General Motors. A Seattle law firm that specializes in suing automakers has filed a class-action lawsuit against General Motors, ...

MarketWatch
S&P 500, Nasdaq close at records as stock market extends win streak to a 6th day
MarketWatch
The S&P 500 and Nasdaq Composite closed at fresh records on Thursday, as U.S. stocks advanced for a sixth straight session, thanks in part to big gains in shares of Best Buy after quarterly results. The S&P 500 index SPX, +0.44% rose 10.68 points, or 0 ...

Washington Post
$6 billion in improper student aid payments found at Ed Dept
Virginian-Pilot
WASHINGTON (AP) — Members of Congress criticized the Education Department on Thursday over $6 billion in improper payments made as part of federal student aid programs. Kathleen Tighe, inspector general at the Education Department, told a House ...

TIME
Four of the Five Fastest-Growing US Cities Are in Texas, Census Figures Show
TIME
Figures released Thursday by the U.S. Census Bureau show that four of the five fastest-growing large cities in the U.S. during the 12 months leading up to last July 1 were in Texas, including some in its sprawling suburban areas. Conroe, a Houston ...

CNBC
10 percent of Americans trading in a car plan to use Uber and Lyft instead of buying a new one
CNBC
Wally Nowinski got his first car when he turned 16 in Michigan, the home of the U.S. auto industry. But after two years of living in New York City, he sold his wheels, using ride services, carsharing and bike sharing to get around. "My mom didn't think ...

Reuters
OPEC disappointment hits oil, stocks; sterling down on UK vote jitters
Reuters
People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon. By Nichola Saminather | SINGAPORE. SINGAPORE Crude prices were on the defensive on ...

Business Insider
Take a look inside Amazon's first NYC brick-and-mortar store
Business Insider
Amazon just opened its first NYC brick-and-mortar store in The Shops at Columbus Circle. We went to take a look inside. The store is 4,000 sq ft, carrying 3,000 different titles on the shelves. All the books are presented face-out. Each book is rated 4 ...

Reuters
Best Buy unexpectedly beats on sales; shares at record peak
Reuters
CHICAGO Best Buy Co Inc reported an unexpected rise in first-quarter comparable sales and the No. 1 U.S. electronics retailer said it planned to save $600 million in costs by the end of fiscal 2021, sending shares to an all-time high on Thursday. Best ...

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