Bloomberg Markets
President Trump is framing the deal for a US stake in 65 billion barrels of Venezuelan oil as a victory that will lower gasoline prices and replenish depleted crude reserves. It’s far from certain the plan will lead to either during his presidency — if at all.
Trump pushed for a blockbuster move after growing frustrated that private oil companies, including ExxonMobil Holdings Corp. and ConocoPhillips, weren’t moving quickly enough to boost production in Venezuela, according to people familiar
Bloomberg Markets
Citadel accused Marshall Wace of failing to adhere to a court order to hand over documents relating to the British hedge fund group’s recruitment of former Citadel portfolio manager Daniel Shatz as its global credit head.
Yahoo Finance
Bloomberg Markets
The US Open is serving up a record $108 Million prize purse after years of players rallying for more money. Bloomberg's Shaquille Omari breaks down how much winners will take home this year. (Source: Bloomberg)
Yahoo Finance