Brent and U.S. crude extended their fall after President Trump put pressure on OPEC not to cut supply to prop up prices. Both benchmarks have fallen more than 20 percent since peaking at four-year highs in early October.
Business & Financial News, U.S & International Breaking News
House Democrats to probe Trump impact on FBI, Justice: lawmaker
The incoming Democratic chairman of the U.S. House of Representatives Judiciary Committee intends to investigate President Donald Trump's impact on the integrity of the Justice Department and the FBI, according to a letter sent to top federal law enforcement officials on Tuesday.
S&P, Dow lose ground as crude plunge punishes energy stocks
The Dow and S&P 500 ended slightly lower on Tuesday following losses in energy shares and Boeing, offsetting a small gain in technology stocks and renewed hopes for progress in trade talks.
Juul Labs to pull sweet e-cig flavors to curb youth use
Juul Labs Inc, the U.S. market leader for electronic cigarettes, said on Tuesday it will pull popular flavors such as mango, cucumber and fruit from retail store shelves in an effort to reduce surging teenage use of its products.
Associate of Trump ally expects Mueller contact soon on plea deal
An associate of Roger Stone, a longtime ally of U.S. President Donald Trump, said he was told by the U.S. special counsel probing Russian meddling in the 2016 presidential election that he would be contacted this week about a possible plea deal.
Trump picks conservative to replace Kavanaugh on appeals court
President Donald Trump said on Tuesday he will nominate conservative lawyer Neomi Rao, known for her strong anti-regulatory views, to replace newly appointed U.S. Supreme Court Justice Brett Kavanaugh on an influential federal appeals court.
U.S. lays barbed wire at border as migrant caravan draws closer
Hundreds of Central American migrants planning to seek asylum in the United States moved toward the country's border with Mexico on Tuesday as U.S. military reinforced security measures, laying barbed wire and erecting barricades.
Exp: Nov 18
Exp: Nov 18
Exp: Nov 18
Have a news tip?
Reuters provides several ways to securely and confidentially share information and materials with our journalists.LEARN MORE ››