Oil jumps 4 percent on modest OPEC output increase

Oil jumps 4 percent on modest OPEC output increase

NEW YORK (Reuters) – Oil prices jumped more than 4 percent on Friday after major producers agreed to modest crude output increases to compensate for losses in production at a time of rising global demand. FILE PHOTO: A pump jack stands idle in Dewitt County, Texas, U.S., January 13, 2016. REUTERS/Anna Driver/File Photo The Organization […]

Data Sheet—Why We Should Be Paying More Attention to China's Two Tech Heavyweights: Alibaba and Tencent

Data Sheet—Why We Should Be Paying More Attention to China's Two Tech Heavyweights: Alibaba and Tencent

Freeze frame. People who either posted Trump advisor Stephen Miller’s cell phone number on Twitter or even just linked to an article in Splinter magazine that included the number found their accounts temporarily suspended. (Splinter’s own Twitter account was also suspended.) Users had to delete the improper tweets to be reinstated. “It’s against our policies to […]

Disney Ups Its Bid for 21st Century Fox to $71.3 Billion

Disney Ups Its Bid for 21st Century Fox to $71.3 Billion

The Walt Disney Company sharply increased its offer for 21st Century Fox on Wednesday, as it looks to win a bidding war with Comcast for Rupert Murdoch’s entertainment conglomerate. In a quickly issued response, 21st Century Fox announced that it had entered into an agreement with Disney, adding that it considered the revamped offer, now […]

Asian economies have a lot to lose in a US-China trade war

Asian economies have a lot to lose in a US-China trade war

Asian economies such as Taiwan, South Korea and Southeast Asia could be badly hit if trade tensions between the U.S. and China heat up further, experts have warned. Those economies are among the largest exporters of “intermediate goods” to China, which then assembles those pieces into finished products to ship to final destinations such as […]

Verizon, AT&T to end location data sales to brokers

Verizon, AT&T to end location data sales to brokers

Verizon and AT&T have pledged to stop providing information on phone owners’ locations to data brokers, stepping back from a business practice that has drawn criticism for endangering privacy. The data has apparently allowed outside companies to pinpoint the location of wireless devices without their owners’ knowledge or consent. Verizon said that about 75 companies […]

Video shows Tesla bursting into flames on LA street 'out of the blue'

Video shows Tesla bursting into flames on LA street 'out of the blue'

@Tesla This is what happened to my husband and his car today. No accident,out of the blue, in traffic on Santa Monica Blvd. Thank you to the kind couple who flagged him down and told him to pull over. And thank god my three little girls weren’t in the car with him pic.twitter.com/O4tPs5ftVo — Mary […]

Flights canceled again at CLT, as frustrated passengers wonder: What happened?

Flights canceled again at CLT, as frustrated passengers wonder: What happened?

Passengers on flights headed to Charlotte Douglas International Airport faced delays and frustration Sunday, as problems with one of American Airlines’ regional carriers continued. By Sunday night, PSA Airlines had canceled all its flights out of Charlotte for the rest of the evening and Monday morning. About 70 flights were canceled. A technical issue caused […]

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