Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. Dronebase | Reuters U.S. crude oil on Tuesday dropped 4% as inflation data stoked anxiety among traders that the Federal Reserve may not be ready to ease up on interest rates. The West
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From left to right: 2025 GMC Sierra EV Elevation, 2025 GMC Sierra EV AT4, 2024 GMC Sierra EV Denali Edition 1 (Source: GMC) In its latest setback, GM is delaying the launch of EV drive production at its Toledo Propulsion Systems plant in Ohio. The company will now begin building electric drives at the end
Tom Hamilton, Senior WriterDec 13, 2023, 11:50 AM Close • Joined ESPN in 2011• Covered two Olympics, a pair of Rugby World Cups and two British & Irish Lions tours• Previously rugby editor, and became senior writer in 2018 Open Extended Reactions Former England and Australia boss Eddie Jones has been confirmed as Japan’s new head coach through
In this article ADBE Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe Linda Dimyan | CNBC Adobe shares dropped more than 6% in extended trading on Wednesday after the software maker posted a lighter-than-expected forecast for 2024. Here’s how the company did, compared with consensus estimates from LSEG, formerly known as Refinitiv: Earnings:
Israel’s ambassador to the UK has told Sky News her country would not accept a two-state solution when the war in Gaza ends. When pressed on the question of Palestinians having their own state, Tzipi Hotovely told Mark Austin: “Absolutely no.” Asked how there can be peace without a Palestinian state, she added: “Israel knows
Associated Press Dec 13, 2023, 04:38 PM ET Open Extended Reactions CHARLOTTE, N.C. — Noah Gragson has spent the past five months working on personal growth and maturity after his “like” of an insensitive meme of George Floyd nearly cost him his NASCAR career. He’ll get a chance to show if he has truly evolved
A major incident has been declared in South Wales as roads were closed around an industrial estate after a “loud explosion” was heard before a “large fire” broke out. South Wales Police said roads around Severn Road in Treforest are expected to remain closed for some time due to the “serious incident”. Local councillor Karl
The former boss of BP will forfeit more than £32m in actual and potential pay for “misleading” its board over workplace relationships, the company has announced. It comes after Bernard Looney stepped down as the oil giant’s chief executive in September following allegations that he failed to fully disclose details of romances with colleagues as
The Federal Reserve has again held interest rates – ahead of a Bank of England announcement on Thursday in which it is widely expected to do the same. The US central bank said there was no immediate need for a hike because inflation had “eased over the past year,” as it also suggested borrowing costs
Less than 1% of people who have arrived in the UK on small boats since 2020 have been returned to their home country, new statistics reveal. The numbers showed that when Albanians were taken out of the figures – as the UK has signed a separate returns agreement with the country – just 408 people
In this article SCHW XOM Follow your favorite stocksCREATE FREE ACCOUNT An Exxon Mobil gas station in Las Vegas on July 25, 2023. Bridgett Bennett | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need
The US Navy has shot down a suspected Houthi drone which was headed in the direction of a warship after being launched from Yemen, according to a defence official. The USS Mason destroyer took out the targetted drone, according to the US military source, who spoke on condition of anonymity. Houthi rebels had attacked a
Tesla has agreed to add more alerts to its Autopilot system to prevent driver misuse as part of a NHTSA “safety recall” of 2 million vehicles that concludes its Autopilot investigation. For two years now, NHTSA has been investigating the safety of Tesla’s Autopilot features, especially as it relates to accidents involving “stationary first-responder vehicles”
Brooklyn Nine-Nine star Andre Braugher has been remembered as a wise, kind and funny friend and an extraordinarily talented actor after he died at the age of 61. Braugher played the uptight, emotionally closed off Captain Raymond Holt in the US comedy series, which ran for eight seasons from 2013 to 2021. Marc Evan Jackson,
The son of President Joe Biden has said there is “no evidence” to suggest his father was involved in his business, as he arrived to give evidence to an impeachment probe investigating the US leader. Hunter Biden told reporters outside the US Capitol: “My father was not financially involved in my business. “During my battle
Police searching for a missing mother-of-three have released CCTV of her last known movements – after her coat was found in a river. Gaynor Lord, 55, disappeared on Friday after leaving work in Norwich City Centre. CCTV shows her walking away from Jarrold department store where she works at 2.45pm – an hour and 15
The Big Bang Theory actress Kate Micucci has had surgery after being diagnosed with lung cancer despite having “never smoked a cigarette in my life”. The 43-year-old US actress and comedian shared a video of herself on TikTok lying in a hospital bed, joking that she was posting a “SickTok”. “I’m in the hospital but
The Pleo app pictured on a smartphone next to one of the fintech firm’s corporate cards. Pleo Danish fintech firm Pleo has appointed a new chief financial officer, the company told CNBC exclusively, beefing up its executive team — a sign the company is readying itself for an eventual initial public offering. The company hired
The government is still hoping it will be able to start flying asylum seekers to Rwanda in the spring, according to the home secretary. James Cleverly confirmed his aims to Sky News the morning after the government managed to keep its Safety of Rwanda bill alive despite a rebellion of more than 20 backbench MPs.
The UK economy took a surprise tumble in October, according to an early official estimate that showed a contraction of 0.3%. The Office for National Statistics (ONS) reported that output in all three main divisions – services, manufacturing and construction – was in negative territory. Economists had expected a flat performance, following on from the