Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an unusually downbeat OPEC report that stoked concerns about demand growth.
Shares of GE suffered its biggest decline since 2009 on Thursday after it was accused of accounting fraud. Bernie Madoff whistleblower Harry Markopolos told CNBC has a $38 billion problem. GE CEO Lawrence Culp issued a response to the claims saying, &q…
Governments need to do more to invest in clean water, urged the chief executive of non-profit organization charity: water.
"The US administration has abused the blacklist in the name of safeguarding US national security," Chinese state media said, citing similar tactics used on Chinese tech giant Huawei.
Crude oil prices rose on Friday after two days of declines, buoyed following data showing a rise in U.S. retail sales helped ease some concerns about a recession in the world’s biggest economy.
“Futures Now” Scott Nations of NationsShares and Jim Iuorio of TJM Institutional Services discuss how crude oil is doing as the market comes back from its losses on Wednesday with CNBC’s Eric Chemi.
Shares of General Electric fell in the pre-market Thursday after Madoff whistleblower Harry Markopolos released a report alleging that GE has masked the depths of its financial problems, resulting in inaccurate and what he’s calling fraudulent financial filings with regulators. GE responded by saying it hasn’t been contacted by Markopolos and the group’s report was produced to help short sellers profit by creating volatility in GE’s shares. CNBC’s “Squawk on the Street” discuss.