NEW YORK, March 29 — Concerns about U.S. monetary policy moves and ongoing supply-side strains sent crude oil prices plummeting in early trading Tuesday. Industry data show U.S. stockpiles of crude oil remain at 80-year highs despite signs of a slowdown in domestic crude oil production. A recent drilling survey ... Read More »
Singapore’s DBS Group Holdings (DBSM.SI) is seen leading the race to buy British bank Barclays’ (BARC.L) Hong Kong and Singapore private wealth units, valued at as much as $300 million, sources with knowledge of the situation said on Monday. The other bidder left in the race is rival Singaporean lender ... Read More »
Drugmaker Valeant Pharmaceuticals International Inc (VRX.TO)(VRX.N) said on Monday its chief executive officer is leaving and billionaire investor William Ackman would join the board as it tries to clean up accounting problems and save its business. The company, whose operations include prescription drugs, consumer products, and Bausch & Lomb eye ... Read More »
Despite dire predictions from the Federal Aviation Administration that the nation’s air traffic is at peril from unmanned aerial vehicles, a new study claims that the chances of a drone damaging a passenger plane are fairly slim. “Contrary to sensational media headlines, the skies are crowded not by drones, but ... Read More »
He’s 54 years old, just over six feet tall and weighs 175 pounds. His blood pressure is low, cholesterol level enviable and resting heart rate well below average. Did we forget to mention that this man also has a (very, very important) full-time job? The White House just released a ... Read More »
