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Oil steady as market weighs supply risk from attacks on Russian refineries
Reuters· 2025-09-16 00:47
Group 1 - Oil prices remained stable in early trading on Tuesday following an increase in the previous session [1] - Market participants are considering potential supply disruptions from Russia due to Ukrainian drone attacks [1]
Trump administration orders Delta, Aeromexico to end joint venture by January 1
Reuters· 2025-09-16 00:31
The Trump administration said late on Monday it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by January 1 that let the carriers coordinate scheduling, pricing and capacity decisions for U.S.–Mexico flights. ...
Appeals court declines to let Trump remove Fed Governor Cook
Reuters· 2025-09-16 00:13
A U.S. appeals court declined on Monday to allow Donald Trump to fire Federal Reserve Governor Lisa Cook - the first time a president has pursued such action since the central bank's founding in 1913 - in the latest step in a legal battle that threatens the Fed's longstanding independence. ...
Vitol, Sunoco take first gasoline cargo from Nigeria's Dangote to the US, sources say
Reuters· 2025-09-15 22:08
Group 1 - The first U.S. import of gasoline from Nigeria's new Dangote refinery was delivered to top global oil trader Vitol and North American fuel distributor Sunoco [1]
Chord Energy to buy assets in Williston Basin for $550 million
Reuters· 2025-09-15 22:00
Core Viewpoint - Chord Energy, a U.S. energy firm, announced its acquisition of assets in the Williston Basin from Exxon Mobil's unit XTO Energy for a total of $550 million [1] Company Summary - Chord Energy is expanding its asset portfolio by purchasing from XTO Energy, indicating a strategic move to enhance its operational footprint in the Williston Basin [1] - The acquisition price of $550 million reflects Chord Energy's commitment to growth and investment in key energy regions [1] Industry Summary - The transaction highlights ongoing consolidation trends within the energy sector, particularly in regions like the Williston Basin, which is known for its oil production potential [1] - The deal may signal increased competition and investment in the U.S. energy market as companies seek to optimize their asset bases [1]
Online marketplace Fiverr to lay off 30% of workforce in AI push
Reuters· 2025-09-15 21:45
Company Overview - Fiverr International, based in Israel, is laying off 30% of its workforce as part of a strategic shift towards artificial intelligence to enhance automation in its online services marketplace [1] Industry Implications - The decision to reduce workforce significantly indicates a broader trend in the industry where companies are increasingly adopting AI technologies to streamline operations and improve efficiency [1]
Reddit down for thousands of users, Downdetector shows
Reuters· 2025-09-15 21:37
Social media platform Reddit was down for nearly 10,000 users in the U.S. on Monday, according to outage tracking website Downdetector.com. ...
FTC probes whether Ticketmaster does enough to stop resale bots, Bloomberg News reports
Reuters· 2025-09-15 21:21
The U.S. Federal Trade Commission is investigating whether Live Nation's Ticketmaster is doing enough to prevent bots from illegally reselling tickets on its platform, Bloomberg News reported on Monday. ...
Canada's antitrust regulator to review Anglo-Teck merger
Reuters· 2025-09-15 21:05
Canada's antitrust regulator will review the proposed merger of Anglo American and Teck Resources , the regulator said on Monday. ...
Colgate to change toothpaste packaging to address Texas AG fluoride concerns
Reuters· 2025-09-15 17:38
Colgate-Palmolive will introduce new packaging and marketing for its toothpaste products, after Texas Attorney General Ken Paxton expressed concern that its marketing of fluoride could harm parents an... ...