Oil gains after Saudi Arabia says it will cut production further to boost prices

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Oil gains after Saudi Arabia says it will cut production further to boost prices

Oil prices jumped Monday after Saudi Arabia said it will further cut production beginning in June to boost prices. Saudi Arabia also said it would lower May production from the current target of 8.5 million barrels per day. West Texas Intermediate crude oil …
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Paul Tudor Jones On CNBC: “The Digitization Of The World Benefits Bitcoin”

Not a week after revealing he’s invested in Bitcoin, investing stalwart Paul Tudor Jones has gone on CNBC to share more of his thoughts on the world’s first cryptocurrency. Speaking on CNBC’s Squawk Box, Jones (whose $40 billion took up a small, single …
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Many Mother's Day customers left frustrated as Pittsburgh-area restaurants deluged with orders

Dozens of people hoping to pick up pre-paid food orders from some Pittsburgh-area restaurants on Mother’s Day spent hours in line, and many were eventually sent home without their food. Several took to social media complaining of not being able to receive …
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Coronavirus: Branson to sell Galactic stake to prop up Virgin

Sir Richard Branson is selling a stake in Virgin Galactic to raise $500m to prop up his other businesses including Virgin Atlantic. The billionaire has been criticised for seeking financial help from the government for the airline. Sir Richard will now sell a share of …
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The Daily Chase: Feds unveil aid for large companies; TSX looks to extend winning streak

The federal government has unveiled its aid plan for Canada’s largest companies. In a press release this morning, Prime Minister Justin Trudeau announced the establishment of a Large Employer Emergency Financing Facility (LEEFF). It’s a financing …
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