Brent rises above $75 a barrel on strong demand outlook

LONDON (Reuters) – Crude oil prices retreated on Tuesday, after Brent rose above $75 a barrel for the first time since April 2019 and as OPEC+ begins discussions on raising oil production, but a strong demand outlook underpinned prices.FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. REUTERS/Nick OxfordBrent crude futures fell 53 cents, or […]

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EU top court hands win to YouTube in user copyright fight

A 3D printed Youtube logo is seen in front of a displayed EU flag and copyright words in this illustration picture taken on June 21, 2021. REUTERS/Dado Ruvic/IllustrationLUXEMBOURG (Reuters) -Europe’s top court on Tuesday said that Google’s YouTube and other online platforms are not liable for copyright-infringing works uploaded by users onto their platforms under certain conditions. The case marks […]

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US equity futures are trading lower ahead of Tuesday's opening bell following Monday's gains

Fox Business Flash top headlines for June 21 Check out what’s clicking on FoxBusiness.com. U.S. equity futures are trading lower ahead of Tuesday's opening bell following Monday's gains led by shares of industrial and financial stocks, which tend to be sensitive to changes in the economic outlook.  Stocks in this Article Federal Reserve Chair Jerome Powell says the economy is […]

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Bitcoin miner CEO: Industry is moving toward carbon neutral

Hong Kong (CNN Business)Bitcoin tanked after China called in a bunch of major commercial lenders — including payments juggernaut Alipay — to warn them about getting into cryptocurrency. Bitcoin plunged 10% to as low as $31,179 per coin, the lowest level since January, according to Coindesk. It recovered a little bit and was last trading down 5% at around $33,000 […]

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Angst at Exxon as managers begin employee performance reviews

Fox Business Flash top headlines for June 21 Check out what’s clicking on FoxBusiness.com. HOUSTON/BENGALURU – Top U.S. oil producer Exxon Mobil Corp has kicked off a yearly performance review for U.S. staff, a process some workers dread because they view it this year as a prelude to stealth layoffs. Stocks in this Article The evaluations are expected to assign […]

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Microsoft stock hits record as Windows reveal approaches

Congress targets Big Tech in bipartisan legislation Rep. Marsha Blackburn, R-Tenn, tells her Democratic colleagues ‘don’t create a behemoth’ with the FTC and  DOJ as Congress shifts its focus on the tech giants. Microsoft shares marched to a fresh record as investors countdown to the company's upcoming Windows event on Thursday. The software already boasts 1.3 billion users and counting.  […]

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Fed officials open debate on bond taper

WASHINGTON (Reuters) -The debate over when and how the Federal Reserve could begin to reduce some of its massive stimulus for the economy was on full display on Monday, as two U.S. central bank officials explained their support for an earlier withdrawal and a third said any change was still quite a ways away.FILE PHOTO: Federal Reserve Board building is […]

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Stocks making the biggest moves midday: DoorDash, MicroStrategy, ZipRecruiter and more

Check out the companies making headlines in midday trading. DoorDash — Shares of DoorDash added about 5% after the food delivery company announced a partnership with Albertsons on same-day grocery delivery from nearly 2,000 stores. "Leveraging our extensive logistics network and Albertsons' wide selection of fresh groceries, we are creating a one-stop shop for customers to access any of the […]

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