Oil falls on strong dollar and as Saudi output remains near record high
Oil prices fell to under $63 a barrel on Monday after Saudi Arabian Oil Minister Ali al-Naimi said production in the world’s biggest crude exporter would stay near record peaks.
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Morgan Stanley posts highest profit since financial crisis
The bank’s trading business, like those of its main rivals, got a boost in the quarter after the Swiss central bank scrapped a cap on the franc, the European Central Bank announced its quantitative easing program and the U.S. Federal Reserve took steps toward tightening monetary policy. Morgan Stanley capped a mostly strong quarter for the big U.S. banks with its 60 percent rise in net profit, followed by Goldman
Halliburton profit surges past expectations as cost cuts pay off
Revenue fell by 4 percent to $7.05 billion in the first quarter, but beat analysts’ average expectation of $6.96 billion, according to Thomson Reuters I/B/E/S, helped by strength in the Middle East and Asia and Latin America. North America, which accounted for more than half the company’s first-quarter revenue, “experienced an unprecedented decline in drilling activity,” Chief Executive Dave Lesar said in a statement. The average U.S. rig count has
Earnings next test for stocks after market wipeout
Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.
Chinese leader in Pakistan to unveil $45B in investments
Chinese President Xi Jinping arrived in Pakistan on Monday for a two-day visit in which he is expected to announce $45 billion worth of investment projects in energy and infrastructure development. Pakistani …
Scott Disick Describes Sex With Pregnant Kourtney Kardashian, Says "It's Real Bad"—See the KUWTK Deleted Scene!
In last night’s Keeping Up with The Kardashians, Kourtney Kardashian bares it all for a photo shoot before the birth of Reign Disick. It seems that seeing his sexy mama play it up…
Naya Rivera Flaunts Growing Baby Bump in Bikini on Babymoon With Ryan Dorsey—See the Pics!
Naya Rivera is one hot mama-to-be! The pregnant actress showed off her growing baby bump in a sexy black bikini Friday. She and hubby Ryan Dorsey held hands as they soaked up the sun on…
Celebrity Stoners: See Who's Had High Times in Hollywood in Honor of 4/20
So who has toked up in Tinseltown? The bigger question might be: who hasn’t? Yes folks, there are many more famous fans of marijuana than just Willie Nelson, Woody Harrelson and…
Lea Michele Celebrates One Year Since She Met Boyfriend Matthew Paetz—See the Adorable Pics!
It has been a whirlwind year for Lea Michele! She wrapped Glee and is now set to star in Ryan Murphy’s new show, Scream Queens, but she also can celebrate the fact that it has been…
Alpha Male Madness 2015: Vote in the Sweet 16 Now!
It’s time for the alphas to get a little sweet. Alpha Male Madness 2015 has reached the Sweet 16, people, and the tournament is really heating up after round two, which saw the exit…