Business

Crude Oil's Relentless Price Climb

2 monthes ago   |   By Forbes

Way back in February 2016 - when West Texas Intermediate was trading at $26/bbl. - I was confident that crude oil would make a relentless climb. Today, I calculate that the price per barrel of WTI will be $75 by January 2019.
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Versace fans are terrified that a $2 billion deal with Michael Kors will...

Versace fans are terrified that a $2 billion deal with Michael Kors will 'kill' the fashion brand. Here's what the companies say will actually change

Michael Kors is buying Versace in a $2.12 billion deal, the companies announced on Tuesday. Many fans expressed concern that the deal would be the death of Versace's reputation... Read more ...

Michael Kors agrees to buy Versace

Michael Kors agrees to buy Versace

Michael Kors has agreed to buy the Italian designer Versace in a deal that has an enterprise value of 1.83 billion euros. The global fashion luxury group also announced it will... Read more ...

Facebook has started hemorrhaging key executives, and the timing couldn't be...

Facebook has started hemorrhaging key executives, and the timing couldn't be worse

Facebook has lost six key executives over the past year, following the departure of Instagram cofounders, Kevin Systrom and Mike Krieger. It means CEO Mark Zuckerberg is... Read more ...

China says the US has 'a knife to its neck' over trade talks

China says the US has 'a knife to its neck' over trade talks

A senior Chinese official has described dealing with the United States on trade as akin to negotiating with “a knife to China's neck”. The remark follows a string of... Read more ...

Labour officially says it will vote down Theresa May's Brexit deal

Labour officially says it will vote down Theresa May's Brexit deal

Labour is officially planning to vote down Theresa May's Brexit deal. The party will vote against the deal if it doesn't meet Labour's six Brexit tests "no ifs, no buts... Read more ...

10 things you need to know in markets today

10 things you need to know in markets today

Good morning! Here is what you need to know on Tuesday. 1. Asia stocks struggled as the latest round of US-China tariffs revived fears the trade dispute would knock global... Read more ...

Democrats slam Republicans for pressing forward with Kavanaugh confirmation...

Democrats slam Republicans for pressing forward with Kavanaugh confirmation last week despite apparently knowing of then-secret allegation

Some prominent Democrats are accusing Republicans of pushing to expedite the timeline for a confirmation vote on Brett Kavanaugh even after they knew of a then-secret... Read more ...

Barrick Gold is buying Randgold for $6 billion in stock to create the...

Barrick Gold is buying Randgold for $6 billion in stock to create the world's largest miner

Barrick Gold has agreed to buy Randgold Resources for $6 billion in stock. Barrick Gold shareholders will own approximately two-thirds of the combined company while Randgold... Read more ...

Christine Blasey Ford 'was not a friend': Brett Kavanaugh says he doesn't...

Christine Blasey Ford 'was not a friend': Brett Kavanaugh says he doesn't recall meeting his accuser, denies having seen sexual misconduct

Judge Brett Kavanaugh said he does not recall having any memorable interactions with Christine Blasey Ford, a 51-year-old research psychologist and professor who accused him of... Read more ...

A Dolphins player suffered a season-ending injury while trying to follow a...

A Dolphins player suffered a season-ending injury while trying to follow a new rule to protect quarterbacks and now the NFL is under fire again

Miami Dolphins defensive end William Hayes suffered a torn ACL on Sunday while sacking Derek Carr. Hayes landed awkwardly on his leg while trying to follow the NFL's new... Read more ...