Oil rebounds sharply as traders pin hopes on OPEC cuts this week

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Oil rebounds sharply as traders pin hopes on OPEC cuts this week

Oil futures rebounded on Monday, boosted by growing optimism that the Organization of the Petroleum Exporting Countries and its allies will announce additional production cuts later this week, and on hopes global central banks are ready to support …
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Primo Water sale to Canadian beverage company completed; no update on jobs impact

The $775 million sale of Primo Water Corp. to a Canadian beverage company has been completed, the companies said Monday. Cott, based in Mississauga, Ontario, said Jan. 13 it would pay $14 a share, or $549.4 million, plus assumption of Primo debt.
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Coronavirus update: Hand sanitizers in short supply in Syracuse area

SYRACUSE, N.Y. — The coronavirus outbreak is making hand sanitizers hard to find at Syracuse-area stores. Medical experts say the best ways to protect yourself from getting the coronavirus is to wash your hands frequently and to use a hand sanitizer …
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Facebook is shifting its Libra cryptocurrency plans after intense regulatory pressure

Facebook is altering its plans for its Libra cryptocurrency project following months of severe regulatory pressure and political pushback, according to a new report from The Information published on Tuesday. According to the report, Facebook no longer intends …
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Treasuries Crack 1%; US Stock Futures Decline: Markets Wrap

Stocks in Asia are set to resume declines after an emergency Federal Reserve interest-rate cut sent Treasuries surging and U.S. shares slumping on concern it won’t be enough to cushion the economic hit from the spreading coronavirus.
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