Oil prices edge up after Saudi output dips, US drilling stalls

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Oil prices edge up after Saudi output dips, US drilling stalls

SINGAPORE (Reuters) – Oil prices edged up on Monday as Saudi crude production took a surprising dip in July and American shale drilling seemed to plateau.
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Purdue University removes John Schnatter name from building, offers to return $8 million donation

Purdue University has dropped Papa John's founder John Schnatter's name from a building at the school and offered to return a multi-million dollar donation from the embattled pizza chain founder's charity, according to a statement from the school …
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Wells Fargo says hundreds of customers lost homes after computer glitch

(CNN Money) – Hundreds of people had their homes foreclosed on after software used by Wells Fargo incorrectly denied them mortgage modifications.
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Profits Surge at Big US Firms

America's biggest companies are reporting some of the strongest earnings growth since the recession, boosted by lowered tax rates and a robust U.S.
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China's July exports growth still seen holding up despite US tariffs: Reuters poll

BEIJING (Reuters) – China's exports are expected to have maintained solid growth in July despite new tariffs on billions of dollars of shipments to the United States, though the outlook has darkened as both sides raised the stakes in a trade conflict …
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