Markets
Finsbury Park Mosque: 'Several hurt' as van hits pedestrians
The Muslim Council of Britain said the vehicle hit people as they were leaving the Finsbury Park Mosque , one of Britain's largest. An arrest has been made in connection with the incident. One person - a white man - has been detained by the Metropolitan Police and has been admitted to the hospital for medical treatment, following which he will be taken into custody. [Full Article...]
Special Counsel Is Reportedly Investigating Jared Kushner's Business Dealings
It wasn't immediately clear to whom Trump was referring to in his comment "the man who told me to fire" Comey. Rosenstein in a memo to Trump raised concerns over FBI Director James Comey . Friday's tweets are the latest in a week of angry social media responses by the president after a report by The Washington Post that Mueller was looking into whether Trump obstructed justice. [Full Article...]
Whole Foods Markets to be Acquired by Amazon
Amazon shareholders even sent the stock up 3%, meaning the rise in the company's market cap equaled the amount it will spend to acquire Whole Foods . For traditional grocers, like Kroger , this purchase makes the market even more price-competitive, she added. They have indicated that they do not plan to automate cashier jobs in the stores, . [Full Article...]
Trump aides Kushner and Greenblatt to visit Israel, Palestinians this week
Kushner plans to travel to Israel on Wednesday for meetings with Israeli Prime Minister Benjamin Netanyahu in Jerusalem. Kushner will meet with Israeli Prime Minister Benjamin Netayahu in Jerusalem and with Palestinian President Mahmoud Abbas in Ramallah as a Trump envoy, along with Jason Greenblatt, an assistant to Trump and special representative for global negotiations. [Full Article...]
The Lam Research Corporation (LRCX) Stake Lowered by Cadence Capital Management LLC
On average, equities analysts forecast that Lam Research Corporation will post $9.88 earnings per share for the current fiscal year. It has outperformed by 91.16% the S&P500. Also, insider Patrick J. Lord sold 2,770 shares of the firm's stock in a transaction dated Wednesday, June 14th. The insider LORD PATRICK J sold $161,839. [Full Article...]
Crude Oil Tumbles To Lowest Since November
Brent crude oil fell 30 cents to $46.70 a barrel, its weakest since May 5 and just above six-month lows, before recovering a little to trade around $46.90 by 1345 GMT. The IEA expects global oil demand to rise by 1.4 million barrels a day in 2018-but non-OPEC supply alone is set to edge up by 1.5 million barrels. [Full Article...]
Oil Sinks To November Lows On Shock US Gasoline Build
USA crude stockpiles dropped by 1.66 million barrels last week, the EIA reported Wednesday. Libya has seen major supply disruptions from protests and contract disputes, but this week the National Oil Company said production was resuming at key fields. [Full Article...]
Oil prices dip on further rise in USA drilling, demand slowdown
Signs of faltering demand have also prompted weakening sentiment, dropping prices to levels comparable to when the output cuts were first announced late past year. A separate report showed that US oil producers are pumping at 9.33 million barrels per day, which is the highest level of production since August 2015. [Full Article...]