IEA Sees 'Explosive' Growth in US Oil Output as Prices Rally

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IEA Sees 'Explosive' Growth in US Oil Output as Prices Rally

U.S. oil output is set for “explosive” growth this year as prices rally, potentially offsetting a further collapse in Venezuela's production, the International Energy Agency said. The agency is joining a chorus of voices from Goldman Sachs group Inc. and OPEC's own analysts in warning of a surge in U.S.
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Jon Lender: Lottery Fallout To Include Legislative Hearing And Question Of Accountant Liability

… the state Department of Consumer Protection (DCP), which regulates the lottery; and Marcum LLP, the outside accounting firm retained by the lottery. Marcum will be a particular focus, Verrengia said in a telephone interview Thursday, because the heavyweight national accounting firm was brought in
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UBS Investors Have New Targets at Top of Wishlist for Ermotti

He's already signaled that boosting shareholder returns is a key theme on his mind, saying in an October Bloomberg Television interview that investors are waiting for more cash through dividends or buybacks. “The UBS targets are fairly old, as is the strategy,” said Martin Moeller, co-Head of Swiss
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Government Closing Near as GOP Bill at Brink: Shutdown Update

Temporary government funding runs out at midnight Friday and the House and Senate are seeking an agreement on a temporary extension. Democrats are demanding that spending legislation include a provision permanently shielding about 690,000 undocumented immigrants brought to the U.S. as
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