Oil prices fall as U.S. crude output hits record 12 million bpd

SINGAPORE (Reuters) – Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle... Read more »

Venezuela closes its Brazil border, threatens the same for Colombia

In a televised speech Thursday, Maduro announced the Brazil border closure and warned against trying to bring humanitarian supplies into Venezuela by force. “I don’t want to make such... Read more »

Third Point claims 300 percent return on activism since 2011

BOSTON (Reuters) – Pushing companies to perform better has earned Third Point a 300 percent return in the last eight years, the hedge fund told investors in a letter... Read more »

Wall St. breaks run of gains as economic data disappoints

NEW YORK (Reuters) – Weak economic reports pressured U.S. stocks on Thursday after the market’s recent run of gains, and a drop in healthcare shares added to the bearish... Read more »

Trump administration ends California talks on auto emissions: White House

WASHINGTON (Reuters) – U.S. President Donald Trump’s administration has formally ended talks with California over federal plans to roll back fuel economy rules, the White House said on Thursday,... Read more »

Aid is piling up on Venezuela’s border. Here’s why it’s not getting in

The slow advance of aid toward impoverished Venezuela has become a proxy measure of the power struggle between its two rival presidents. At the same time, there is little... Read more »

UPDATE 1-Eleven Venezuela diplomats in U.S. defect since last month -opposition

(Adds comment from opposition official, background) WASHINGTON, Feb 21 (Reuters) – Eleven Venezuelan diplomats in the United States have defected from President Nicolas Maduro’s government since opposition leader Juan... Read more »

Wall Street dragged down by healthcare stocks, weak economic data

(Reuters) – U.S. stocks fell on Thursday, pressured by weak economic data and a drop in healthcare shares led by Johnson & Johnson, with investors keeping a close watch... Read more »

UPDATE 1-Energy Transfer expands Bakken oil pipeline capacity to 570,000 bpd

(Adds flow rates, details on Permian projects) By Devika Krishna Kumar NEW YORK, Feb 21 (Reuters) – Energy Transfer LP said on Thursday it boosted capacity on the Dakota... Read more »

Canadian PM still puzzled by minister’s resignation

Canada’s Prime Minister Justin Trudeau speaks to journalists before the start of a Liberal Party caucus meeting in the West Block on Parliament Hill in Ottawa, Ontario, Canada February... Read more »