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Opec members failed to agree an oil production ceiling yesterday at a meeting that ended in acrimony, after Iran said it would not consider any production curbs until it restores output scaled back for years under Western sanctions.

The price of the global benchmark dived below the critical threshold of $40 per barrel mark at 1:44 p.m. GMT on Tuesday to reach as low as $39.90 a barrel before 2:00 p.m. GMT. It was the lowest close since February 2009.

The securities fraud probe of Shkreli, who is now chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, stems from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin Inc, a person familiar with...

The United States and Cuba have reached an arrangement on commercial flights to and from both countries amid renewed relations. But it would set in motion the safety inspections and other procedures required by the Federal Aviation Administration when such an agreement is reached.

Putin said Russian Federation is ready to work with the United States no matter who is elected president next year.

Yahoo is scrapping its original plan to spin off its prized stake in China’s Alibaba Group and will instead explore breaking off the rest of its business into a new company.

He didn’t speak to reporters.

The local high school and another school were locked down Thursday morning after a threat targeting a Plainfield high school, which turned out to be in another state, school officials said.

The sentencing of Dennis Hastert’s federal hush money case might have to be postponed for a while; his lawyers announced today that the Former House Speaker has been recovering from a stroke for the past six weeks. In October, Hastert plead guilty to evading bank reporting...

Tennessee Labor & Workforce Development Commissioner Burns Phillips announced Thursday the Tennessee preliminary unemployment rate for November was 5.6 percent, unchanged from the October revised rate. MA remains below the national rate of 5 percent in November.

The suit, filed in federal court in DE, says Dollar Shave Club products infringe on a 2004 Gillette patent related to an “overcoat layer” used in the manufacturing of its razors.

The securities fraud probe of Shkreli, who is now chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, stems from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin Inc, a person familiar with...

The bank sees USA growth picking up pace next year despite a slowdown in most other world economies, particularly China, and also stressed future rate hikes would be “gradual”, forecasting 100 basis points throughout 2016.

The casino is owned by Adelson’s Las Vegas Sands Corp.

The five-year ARM average held steady at 3.03 percent with an average 0.4 point, same as it was a week ago.