called-the-deal

U.S. oil rises, global crude weaker on strong Middle East output

U.S. oil prices rose on Tuesday, buoyed by the start of the U.S. summer driving season, while international fuel markets fell on rising output in the Middle East, which mostly serves Asian customers. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $49.58 per barrel at 0707 GMT (04:07 a.m. EDT), up 25 cents from their last settlement. Brent crude oil futures were down 18 cents to $49.58 a barrel.

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U.S. oil rises, global crude weaker on strong Middle East output

called-the-deal

Viacom’s independent directors vow to fight ouster attempt

By Jessica Toonkel and Chuck Mikolajczak NEW YORK (Reuters) – Viacom Inc's six independent directors vowed on Monday to fight any attempt to oust them from the board, saying they found “inexplicable” the assertion that controlling shareholder Sumner Redstone was mentally competent and acted of his own free will. In a letter to shareholders, Lead Independent Director Fred Salerno said the directors would legally contest any bid to remove …

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Viacom’s independent directors vow to fight ouster attempt

called-the-deal

Shares set for monthly gains, dollar buoyed by Fed outlook

By Anirban Nag LONDON (Reuters) – Global shares steadied at one-month highs on Tuesday, on track for a third straight month of gain, while the dollar held strong near two-month peaks on expectations the U.S. interest rates could rise next month. “In an environment of dollar strength, the People's Bank of China may well be forced to further depreciate the renminbi, risking the possibility of a…

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Shares set for monthly gains, dollar buoyed by Fed outlook

called-the-deal

Verizon, unions agree to pay raises, new jobs to end strike

One analyst called the deal “very rich” for workers at Verizon, the No. 1 U.S. wireless provider, which reached the tentative pact with the Communications Workers of America (CWA) on Friday. The CWA said Verizon agreed to provide a 10.9 percent raise over four years while Verizon put the increase at 10.5 percent. According to the CWA, both numbers are correct, with the union's

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Verizon, unions agree to pay raises, new jobs to end strike