Blog

Oil down, heads for 6th weekly loss on gasoline glut

Traders and investors await Commodity Futures Trading Commission (CFTC) data at 3:30 p.m. EDT to determine if money managers again had slashed their bullish exposure to U.S. crude in the week to Aug 4. Government data showing U.S. gasoline stocks exceeded market estimates by about 300,000 barrels last week has pushed global oil benchmark Brent to six-month lows and U.S. crude to a 4-1/2-month trough since Wednesday.

China-linked hackers attack American Airlines, Sabre systems: Bloomberg

(Reuters) – China-linked hackers attacked the computer systems of travel reservations distributor Sabre Corp and American Airlines Group Inc , Bloomberg reported, although the world’s largest airline said there was no evidence of such a breach. Incidents at the travel companies were consistent with incursions by China-based hackers that recently targeted insurer Anthem Inc and the U.S. government’s personnel office, Bloomberg reported on Friday, citing people familiar with the investigations.

DVF challenges consumers with mission in new Instagram contest

Image from DVF’s fall 2015 campaign U.S. fashion label Diane von Furstenberg is inviting consumers to join its team of secret agents with a new social contest as part of the brand’s fall campaign. Consumers can enter to win two tickets to the DVF Spring 2016 fashion show in New York and a Secret Agent bag of their own by guessing the location of pictures posted to the brand’s Instagram