Business

Oil prices drop as Opec output rises, Brent below US$40

On overviewing Iraqi volumes by an external press release, last month an increment was observed in oil production i.e. 247,500 barrels to 4.3 million/day. U.S. ...


Chipotle changes food prep in response to E. Coli scare

The latest outbreak of food-borne infection is the fifth linked to Chipotle since August, when more than 200 people were infected with norovirus after eating ...


Seattle considers letting Uber drivers unionize

Seattle has passed a measure allowing drivers of smartphone-based taxi services such as Uber to join a union. The law marks a new approach to addressing the h...


Crude oil prices under more downward pressure

West Texas Intermediate, the US benchmark price for crude oil, was down about 0.8 percent in NY to start trading at $36.46 per barrel. Brent for January settl...


Dow, DuPont Agree on $130B Mega Merger Deal

WSJ's David Benoit reports. However, the creation of the merged Dow-DuPont ag business would occur without triggering alarm bells over concentration of market...


Hyatt Hotels warns of malware on payment systems

In their statement they said that they've launched a full-scale investigation and are cooperating with some of the leading cyber-security experts in order to ge...