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U.S. SEC freezes assets over suspected insider trading in Anadarko

2 months ago DieselGasoil Comments Off on U.S. SEC freezes assets over suspected insider trading in Anadarko
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Monday obtained an asset freeze in connection with suspected insider trading in Anadarko Petroleum Corp before the oil company agreed to be acquired by rival Chevron Corp. FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters Read More

Virgin Australia to defer deliveries of Boeing 737 MAX aircraft

2 months ago DieselGasoil Comments Off on Virgin Australia to defer deliveries of Boeing 737 MAX aircraft
A Boeing 737-800 aircraft from Australia’s second largest airline, Virgin Australia, is seen on the tarmac at the domestic terminal of Sydney Airport in Australia, August 19, 2018. Picture taken August 19, 2018. REUTERS/David Gray (Reuters) – Virgin Australia Holdings said on Tuesday it had reached an agreement with Boeing to delay deliveries of the Read More

S&P 500 posts high, extends 2019 rally; Alphabet falls late

2 months ago DieselGasoil Comments Off on S&P 500 posts high, extends 2019 rally; Alphabet falls late
NEW YORK (Reuters) – The S&P 500 set an intraday record high on Monday, bolstering the view that the decade-long bull market has further to run, after consumer spending rose in March and inflation data was benign. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., Read More

Google parent struggles with mobile clicks, YouTube changes, shares down 7%

2 months ago DieselGasoil Comments Off on Google parent struggles with mobile clicks, YouTube changes, shares down 7%
(Reuters) – Alphabet Inc’s Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter as the leading internet ad company faced increased competition in its search and hardware businesses and suffered from disruptive changes at YouTube. FILE PHOTO: The Google logo is pictured at the entrance to the Read More

Boeing says did not intentionally deactivate 737 MAX safety feature

2 months ago DieselGasoil Comments Off on Boeing says did not intentionally deactivate 737 MAX safety feature
FILE PHOTO: The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid (Reuters) – Boeing Co said on Monday it did not “intentionally or otherwise” deactivate a safety alert for its angle-of-attack sensors on its 737 Read More

Boeing CEO keeps job intact after facing questions on 737 MAX crashes

2 months ago DieselGasoil Comments Off on Boeing CEO keeps job intact after facing questions on 737 MAX crashes
CHICAGO (Reuters) – Boeing Co CEO Dennis Muilenburg emerged with his job intact at an annual meeting on Monday and promised to win back the public’s trust after facing tough questions in the wake of two fatal crashes of the 737 MAX plane. Battling the biggest crisis of his nearly four years as chief executive Read More

Google parent Alphabet’s revenue misses estimates, rises at slowest pace in three years

2 months ago DieselGasoil Comments Off on Google parent Alphabet’s revenue misses estimates, rises at slowest pace in three years
(Reuters) – Alphabet Inc’s Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter, leaving the search giant’s revenue below Wall Street targets on Monday. FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay Shares Read More

Tesla says may seek new funding; shares up after SEC agreement

2 months ago DieselGasoil Comments Off on Tesla says may seek new funding; shares up after SEC agreement
(Reuters) – Tesla Inc said on Monday it could seek alternative sources of financing, days after Chief Executive Officer Elon Musk reached a deal with U.S. securities regulators to settle a dispute over his Twitter use, removing an overhang on the stock. FILE PHOTO: The logo of Tesla is seen in Taipei, Taiwan August 11, Read More

Canadian farm exports hit new Chinese obstacles amid diplomatic dispute

2 months ago DieselGasoil Comments Off on Canadian farm exports hit new Chinese obstacles amid diplomatic dispute
WINNIPEG, Manitoba/BEIJING (Reuters) – An expanding list of Canadian farm exports is hitting obstacles at Chinese ports, leaving sellers of soybeans, peas and pork scrambling amid a bitter diplomatic dispute. FILE PHOTO: Canadian pork shoulders are prepped on a butcher’s counter in Toronto, Ontario, Canada May 10, 2017. REUTERS/Hyungwon Kang/File Photo China has already blocked Read More

Oil climbs, shaking off Trump calls for OPEC to offset Iran sanctions

2 months ago DieselGasoil Comments Off on Oil climbs, shaking off Trump calls for OPEC to offset Iran sanctions
NEW YORK (Reuters) – Oil prices edged higher on Monday, as the market attempted to resume a weeks-long rally that was halted on Friday when U.S. President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran. FILE PHOTO: An oil well pump jack is seen at Read More