New York Gov. Kathy Hochul mulls removing NYC Mayor Eric Adams. Hochul...
New York Gov. Kathy Hochul mulls removing NYC Mayor Eric Adams. Hochul met with leaders in the Democratic Party to determine if Adams is fit to remain mayor in the wake of corruption allegations. Meanwhile, a federal judge ordered Adams and Justice Department prosecutors to appear in court today to explain the DOJ’s request to dismiss those charges. Danielle Sassoon, an interim US attorney and a Trump appointee, resigned last week rather than carry out the DOJ’s order. Hochul, who has the power to remove Adams from his post, could make a decision shortly after Adams meets with the judge today.
Lime, the e-bike and scooter company, reported 30% growth in bookings last year as it reportedly eyes going public.
Huawei launched its trifold Mate XT phone outside of China for the first time at a hefty $3,660 price point.
Coca-Cola launched a prebiotic soda brand, Simply Pop, to challenge industry leaders Poppi and Olipop—the latter of which recently earned a $1.85 billion valuation.
Southwest Airlines cut 15% of its corporate workforce in a cost-cutting move its CEO said was “unprecedented.”
The Saturday Night Live 50th anniversary special was watched by nearly 15 million people, making it NBC’s most-watched prime-time entertainment broadcast in five years, the Associated Press reported.
OKC Winter Storm: Roads remain hazardous as bitter cold persists
A significant winter storm has made its way into Oklahoma, bringing a...
A significant winter storm has made its way into Oklahoma, bringing a combination of freezing rain, sleet, and snow.
Road conditions remain hazardous across much of Oklahoma, particularly in northern and central areas. Highways and city streets are still covered in ice and snow, making travel dangerous.
Snow continues to fall in central and eastern Oklahoma, with areas east of Tulsa receiving up to 5-6 inches. In the Oklahoma City metro, snowfall totals range from a dusting to over an inch in some spots.
By 8 p.m., the snow is expected to be east of I-35, with lingering flurries possible. By 10 p.m., the system should exit Oklahoma completely.
Oil prices end higher after drone attack on Russian pipeline
Oil futures were lifted Tuesday, ending with gains after...
Oil futures were lifted Tuesday, ending with gains after a drone attack by Ukraine on a pipeline carrying crude from Kazakhstan across southern Russia curtailed flows.
At the same time, preliminary talks between Russia and the U.S. aimed at ending the war in Ukraine capped upside due to the potential for negotiations to result in the easing of sanctions on Russia’s energy sector.
West Texas Intermediate crude for March delivery rose $1.11, or 1.6%, to finish at $71.85 a barrel on the New York Mercantile Exchange. WTI futures didn’t close Monday due to the Presidents Day holiday in the U.S.
April Brent crude , the global benchmark, settled with a gain of 62 cents, or 0.8%, at $75.84 a barrel on ICE Futures Europe.
Back on Nymex, March gasoline fell 0.2% to $2.087 a gallon, while March heating oildeclined 0.9% to $2.441 a gallon.
March natural gas jumped 7.6% to finish at $4.007 per million British thermal units.
S&P 500 scores record close; Dow flat, Nasdaq ekes out gain
Stocks were choppy to start the holiday-shortened week, bouncing between...
Stocks were choppy to start the holiday-shortened week, bouncing between positive and negative territory throughout Tuesday's session. But the three main benchmarks managed to close in the green, with the S&P 500 notching a new record close.
Thanks to a late burst of buying power, the S&P 500 closed up 0.2% at 6,129, the Nasdaq Composite added 0.07% to 20,041 and the Dow Jones Industrial Average edged up 0.02% to 44,556
As private equity pulls back from US shale, family offices...
As private equity pulls back from US shale, family offices managing the wealth of billionaires such as George Soros and Carlos Slim are stepping in, enticed by the industry's newfound discipline and steadier returns. Family offices have invested about $15 billion in the sector and are expected to provide around 12% of its total capital this year, up from 7% a few years ago, according to financial services firm Stephens and law firm Haynes Boone.
