US oil prices predicted to climb in 2019 on lower supply
After a turbulent two months during which oil prices plummeted from a four-year high to a one-year low, investors may wonder what comes next for U.S. crude.
After a turbulent two months during which oil prices plummeted from a four-year high to a one-year low, investors may wonder what comes next for U.S. crude.
The Boy Scouts of America says it is exploring “all options” to address serious financial challenges, but is declining to confirm or deny a report that it may seek bankruptcy protection in the face of declining membership and sex-abuse litigation.
U.S. commercial fishing generated more than $144 billion in sales in 2016, buoyed by growth in key species such as sea scallops and American lobsters, the federal government reported on Thursday.
What do America’s big tech companies have against Chicago? First, Amazon.com Inc. snubbed the city when it announced last month that Long Island City in Queens and Crystal City in Virginia will each ultimately get more than 25,000 Amazon employees as part of company’s announcement that it was splitting its HQ2 choice between the New … Read more
Under Armour Inc. still plans to open a flagship store on Fifth Avenue in New York but has significantly pushed back the timeline. CFO David Bergman said at the sportswear maker’s investor day on Wednesday that Under Armour plans to take possession of the 53,000-square-foot space on the first floor of the General Motors building … Read more
Clark Construction has been awarded a contract potentially worth $315.5 million to build a new hangar in Prince George’s County for the new Air Force One. The project is expected to be completed by April 2022 and is needed because the current facility at Joint Base Andrews isn’t big enough to accommodate the modified Boeing … Read more
Here’s how much space the real estate company is looking for.
A state council on Thursday approved a $31.4 million tax break for Wayfair Inc. in exchange for its pledge to add at least 3,000 more jobs in Boston and create 300 jobs at a new call center in Pittsfield. The tax break is one of the largest ever awarded by the Massachusetts Economic Assistance Coordinating … Read more
Memphis-based ALCO Management Inc. recently invested $8 million in two of its local affordable apartment complexes. Eastern Heights and Creekwood Apartments — which hold a combined 226 units — were overhauled, which meant new roofs, kitchens, bathrooms, HVAC systems, floors and more for residents. The renovation came about because ALCO was applying for fresh Tennessee … Read more
The project could break ground by summer 2019 and open in 2021.
A D.C. court has rejected an activist group’s appeal of Foulger-Pratt’s $200 million planned development near Union Market. Thursday’s ruling from the D.C. Court of Appeals upholds the D.C. Zoning Commission’s approval of the “Press House” project and could have implications for dozens of other District developments that have been appealed by groups such as … Read more
Don Strollo continues to lead Albany RV, which is part of RV One Superstores, with locations in New York, Iowa and Florida. Strollo retained a significant ownership stake after the business was sold.
Arizona Commercial Real Estate Women (AZCREW), an organization for senior-level women in commercial real estate, selected new leadership for 2019. Jennifer Cranston, a shareholder at Gallagher & Kennedy was elected president for 2019. Other officers include: Cindy Winters, Eagle Commercial Realty Services, past president Dana McDonald, North American Title Company, membership Lorna Banister, Ballard Spahr, … Read more
In a story Dec. 13 about the Colorado River, The Associated Press erroneously reported the river’s mouth. The river empties into the Gulf of California, not the Gulf of Mexico.
Asian markets tumbled on Friday after China reported weaker-than-expected economic data, stirring up worries about the state of the world’s second largest economy.
U.S. long-term mortgage rates fell this week to their lowest level in three months, an inducement to prospective homebuyers in a haltingly recovering market.
The challenges of making the technology industry a more welcoming place for women are numerous, especially in the booming field of artificial intelligence.
The Latest on a test flight of Virgin Atlantic’s space tourism rocket ship (all times local):
The Latest on the U.N. climate talks in Poland and other climate news (all times local):
Prime Minister Theresa May is safe, for now. She has survived a no-confidence vote engineered by her own Conservative Party, and can’t be challenged again for a year. But that hasn’t brought Britain’s Brexit battle any closer to resolution.
The European Central Bank is ending the massive stimulus program that helped nurse the eurozone economy back to health over the past four years — despite the emergence of new risks including a global trade war and Brexit.
The European Union’s highest court has ruled that a fee all German households have to pay to finance the country’s public broadcasters complies with EU law.
British Prime Minister Theresa May implored European Union leaders Thursday to help her sell the Brexit divorce deal at home, only to be told that her proposals are not clear enough for the bloc to offer a helping hand now.
Apple plans to build a $1 billion campus in Austin, Texas, that will create at least 5,000 jobs ranging from engineers to call-center agents while adding more luster to a Southwestern city that has already become a bustling tech hub.
The Latest on Brexit (all times local):
China confirmed Thursday that it has detained two Canadian men, raising the stakes in a three-way dispute over a Chinese technology executive facing possible extradition from Canada to the United States.
Shares around in the world traded in narrow ranges Thursday after a solid couple of days largely related with hopes that the U.S. and China are ironing out their trade issues. The focus now turns to the European Central Bank press briefing with President Mario Draghi in the wake of the bank’s decision to bring … Read more
Sen. Doug Jones said Alabama’s soybean farmers and automobile manufacturers are “scared to death” over President Donald Trump’s tariff wars, but he cautioned Democrats from spending too much time attacking the president as the party tries to win back heartland voters ahead of the 2020 presidential election.
The surprise arrest of Nissan’s former chairman on charges of falsifying financial reports is providing a window into possible corporate intrigue at the Japanese automaker.
China is playing hardball with the detention of a former Canadian diplomat days after Canada arrested a leading Chinese executive.
At an Oval Office gathering earlier this year, President Donald Trump began touting his administration’s new real estate investment program, which offers massive tax breaks to developers who invest in downtrodden American communities. He then turned to one of the plan’s strongest supporters.
Shares in Chinese streaming music giant Tencent Music Entertainment rose nearly 8 percent to $14 on Thursday, their first day of trade.
The CEO of United Airlines says his pilots don’t need any additional training on the new Boeing jet that is at the center of the investigation into a deadly crash in Indonesia.
Investigators believe hackers working on behalf of China’s main intelligence agency are responsible for a massive data breach involving the theft of personal information from as many as 500 million guests of the Marriott hotel chain, a U.S. official said Wednesday.
After months of debate and negotiation, Congress voted final approval Wednesday to a massive farm bill that will provide more than $400 billion for agriculture subsidies, conservation programs and food aid.
British Prime Minister Theresa May survived a political crisis over her Brexit deal Wednesday, winning a no-confidence vote by Conservative lawmakers that would have ended her leadership of party and country.
Malaysian national car maker Proton launched its first SUV on Wednesday in a fresh effort to transform its stale brand and turn around its fortunes, more than a year after China’s Geely Holding Group Co. Ltd. bought a key stake in the company.
The latest on the frictions between Canada and China over the arrest of a top Chinese tech executive (all times local):
A second Canadian man is feared detained in China in what appears to be retaliation for Canada’s arrest of a top executive of telecommunications giant Huawei. The possible arrest raises the stakes in an international dispute that threatens relations.
A dispute over missing marijuana may have led to the death of a California man whose body was found in a burning car in July, according to a new search warrant.
A Wayne County Public Schools instructional assistant and football coach surrendered to police Wednesday after authorities said he sold drugs on school property.
Two additional people are charged in connection to an FBI raid at a multi-million dollar Raleigh mansion, according to documents obtained by WRAL News.
The Internal Affairs Division of the Robeson County Sheriff’s Office is now looking into why deputies took no action on DNA evidence that linked a sexual assault in 2016 to the man who now is accused of raping and killing Hania Aguilar, the newly elected sheriff said in a written statement released Wednesday.