The OPEC oil countries agreed Friday to increase their combined production by almost 1 million barrels a day, though questions remain over some members' ability to do so amid domestic trouble and sanctions.
Mike Schneider, Associated Press | PostedJun 22nd - 8:19am
A labor relations panel has upheld most of a judge's ruling that a Teamsters union representing Disney World workers committed an unfair labor practice when it ignored members' requests to resign from the union.
U.S. stocks are rising Friday morning as energy companies climb along with the price of oil. Oil producers in OPEC are discussing an increase in production, a step investors have expected for the last few weeks. Industrial and basic materials companies are rising as well while technology companies are mostly lower. The European Union is following through on its promise to put import taxes on $3.4 billion in U.S. goods including bourbon, peanut butter and orange juice in response to U.S. tariffs on steel and aluminum.
Carlo Chatrian, the director of the Locarno film festival, and German movie industry official Mariette Rissenbeek have been tapped to take charge of the Berlin International Film Festival starting in 2020.
Bruce Schreiner, Associated Press | PostedJun 22nd - 6:56am
In comments at odds with his home state's whiskey distillers, Kentucky's Republican governor is downplaying fears that the European Union's retaliatory tariffs could disrupt the booming market for the Bluegrass state's iconic bourbon industry.
Aviation giant Airbus is threatening to leave Britain if the country exits the European Union without an agreement on trade relations, underscoring the concerns of business leaders who say the government is moving too slowly.
Nicholas Paphitis, Associated Press | PostedJun 22nd - 6:20am
Greece's prime minister pledged Friday to stick to agreed reforms and budget targets after international creditors announced debt relief measures to wean the country off its eight-year bailout program, which ends in two months.