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Oil at five-week high as OPEC sources, Russia, talk of cooperation

August 16, 2016 by · Leave a Comment 

Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market. A weaker dollar also supported crude prices, as did the loss of more than 700,000 barrels per day (bpd) in Nigerian output to militant attacks and pipeline problems. The Organization of the Petroleum Exporting …

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Oil at five-week high as OPEC sources, Russia, talk of cooperation

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SEC charges company for severance agreements that deter whistleblowing

August 16, 2016 by · Leave a Comment 

WASHINGTON (Reuters) – U.S. securities regulators filed charges on Tuesday against a California-based company for preventing outgoing employees from reaping the benefits of government whistleblower awards.

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SEC charges company for severance agreements that deter whistleblowing

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Exclusive: Blackstone challenges Honeywell with JDA financing plan – sources

August 16, 2016 by · Leave a Comment 

Blackstone Group LP has offered a financing plan to help debt-laden U.S. supply chain management company JDA Software Group Inc, giving it an alternative option to selling itself to Honeywell International Inc , people familiar with the matter said. The move illustrates how Blackstone, the world's largest private equity…

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Exclusive: Blackstone challenges Honeywell with JDA financing plan – sources