Shale producers Diamondback, Parsley to cut drilling as oil prices tumble

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Shale producers Diamondback, Parsley to cut drilling as oil prices tumble

(Reuters) – U.S. shale producers Diamondback Energy Inc and Parsley Energy Inc said they would scale back drilling as crude prices extended their free fall, marking on Monday their biggest daily plunge since the 1991 Gulf War. The fall was triggered as …
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'All You Need to Know': Biden Reportedly Weighing Billionaires Michael Bloomberg and Jamie …

Joe Biden is reportedly considering appointing businessman Michael Bloomberg and JPMorgan Chase CEO Jamie Dimon, both billionaires,
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Trump's Aides Drafting Economic Steps to Fight Virus Fallout

… don't want to willy-nilly throw $300-$400 billion, with a thousand-dollar check to every American,” Kudlow said in a Bloomberg Television interview.
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Hotel owners face reality of spreading coronavirus outbreak

Stocks are plunging, and hospitality leaders are acknowledging they like won’t meet quarterly financial projections. Tweet · Share; More. Share · Email · Reprints Print · hotel motel. Getty Images. (Bloomberg)—The hotel industry is waking up to the adverse …
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Cramer: I spoke to David Tepper — he's concerned about coronavirus and says US needs fiscal help

CNBC’s Jim Cramer said Monday that hedge fund legend David Tepper is worried about the economic fallout from the coronavirus. “I spoke to David this morning and yesterday,” Cramer said. “He’s very, very concerned.” “If this is the end of monetary policy, …
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