Business


Trump bashes OPEC for 'high' oil prices

Benchmark Brent crude oil was down 35 cents at $75.53 a barrel by 0730 GMT. US light crude CLc1 was up 40 cents, or 0.6 percent, at $66.76 a barrel. Trump tweeted on Wednesday: "Oil prices are too high, OPEC is at it again". Prices have risen around 60 percent over the a year ago. "This is the most political OPEC meeting in a long time", said Amrita Sen, chief oil analyst at consultant Energy Aspects Ltd.


Lesbian couple kicked out of Uber by 'homophobic' driver

Lesbian couple kicked out of Uber by 'homophobic' driver

The Taxi & Limousine Commission has launched its own investigation. She said they were in lower Manhattan when the driver pulled over, opened a rear door and ordered them to "get out of my auto". Iovine said she has yet to receive a response from Uber, adding: 'Getting this out there, getting a refund and getting an apology is all I want right now'.


What are the US-South Korea war games?

What are the US-South Korea war games?

Rodman , through tears, said he received death threats for meeting the North Korean dictator. According to the paper, Kim and Trump also "gladly accepted each other's invitation" to visit Pyongyang and Washington respectively. "They're going to start that process immediately". On Wednesday the foreign affairs minister, Julie Bishop, said the suspension of war games - a surprise concession offered by the USA president on Tuesday night that caught South Korea by surprise - was not in ...


Mercedes recalls hundreds of thousands of diesel cars over emissions

Mercedes recalls hundreds of thousands of diesel cars over emissions "defeat devices"

German authorities have also discovered special programming in Daimler cars that they have classified as "inadmissible". The emissions scandal has hung over the German auto industry since September 2015, when Volkswagen admitted to using software that could tell when a diesel vehicle was being tested and temporarily lower its toxic emissions to pass US regulations.


AT&T wins court approval to buy Time Warner for $85 billion

AT&T wins court approval to buy Time Warner for $85 billion

Post-merger, AT&T rivals like Charter Communications and Cox, which now pay Time Warner for its channels, would suddenly also become AT&T's customers. Disney has bid for 21st Century Fox's entertainment assets, a deal that appears to have been shaped to avoid a challenge by Delrahim's antitrust squad.


Tesla to lay off 9% of workers as part of restructuring plan

Tesla to lay off 9% of workers as part of restructuring plan

Given that Tesla has never made an annual profit in the nearly 15 years since we have existed, profit is obviously not what motivates us. While that email was sent only to employees, Musk then tweeted the full text immediately afterwards and it is clear that the missive was created to be read by external critics and anxious investors.