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News & Updates
September 19, 2019 Wall Street investment giants voting against key climate resolutionsSource: The Guardian
Asset management companies BlackRock Inc and Vanguard have failed to live up to pledge to support climate action at energy firms
September 19, 2019 The World’s Most Reputable Companies For Corporate Responsibility 2019Source: Forbes
Some of the world’s biggest businesses were in crisis management mode last year, picking up the pieces of reputations shattered by scandal. While many corporations have yet to regain the trust of stakeholders, others have made...
September 19, 2019 U.S. manufacturing production rebounds, outlook remains weakSource: Reuters
WASHINGTON - U.S. manufacturing output increased solidly in August, boosted by a surge in the production of machinery and other goods, but the outlook for factories remains weak amid rising headwinds from trade tensions and...
CNBC's Brian Sullivan and Kevin Book, managing director at Clearview Energy Partners, join "Squawk Box" to discuss the sectors of the economy that could be impacted by the drone strikes on oil fields in Saudi Arabia.
September 17, 2019 Purdue Pharma, maker of OxyContin, files for bankruptcySource: VOX
Purdue Pharma, the maker of OxyContin, filed for bankruptcy on Sunday — the first expected step of a tentative agreement that the company reached last week to settle thousands of lawsuits related to its alleged involvement in the...
September 16, 2019 Oil Prices Jump Following Drone Attack On Saudi Oil FacilitySource: NPR
The price of oil saw a massive price spike Monday following drone strikes on a Saudi oil facility over the weekend that has shut off more than half of the kingdom's daily exports, or about 5% of the world's crude production.
September 16, 2019 Walmart’s rise in e-commerce: Is retail going extinct?Source: Fox Business
Walmart’s launch of its new, same-day grocery-delivery service sparked large interest in how this move will affect the future of in-person retail.
September 16, 2019 China's economy is getting worse. That makes a trade deal more likelySource: CNN
Hong Kong - China's economic slowdown keeps getting worse. That could give the country incentive to repair its trading relationship with the United States and take more steps to stimulate its economy.
September 16, 2019 Drone strikes knock out half of Saudi oil capacity, 5 million barrels a daySource: CNN
Drone strikes on crucial Saudi Arabian oil facilities have disrupted about half of the kingdom's oil capacity, or 5% of the daily global oil supply, people with knowledge of Saudi's oil operations told CNN Business.
September 16, 2019 46,000 UAW workers go on strike against GM, America's biggest automakerSource: CNN
The United Auto Workers union went out on strike against General Motors Sunday night, the first work stoppage in the US auto industry in 12 years
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