White House urges union, employers to negotiate quickly for new ports contract

By David Shepardson and Lisa Baertlein (Reuters) -The Biden administration is urging the union and employers to negotiate in good faith and quickly reach a new contract deal ahead of…

Oil edges up but on track for weekly fall on firmer supply

By Georgina McCartney HOUSTON (Reuters) -Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global supply against fresh stimulus…

White House urges union, employers to negotiate for new ports contract

(Reuters) – The Biden administration is urging the union and employers to negotiate in good faith and quickly to reach a new contract deal ahead of a potential strike at…

Elliott’s conditional offer selected in Citgo share auction, sources say

HOUSTON (Reuters) – Financial firm Elliott Investment Management’s conditional offer for shares was accepted by a U.S. court officer overseeing an auction that will determine the future ownership of Venezuela-owned…

Oil steady but set for weekly drop on higher supply outlook

By Georgina McCartney HOUSTON (Reuters) -Oil prices were steady on Friday, but remained on track for a weekly fall as investors weighed expectations for higher global supply against fresh stimulus…

Sell an October election year seasonal bounce in US dollar: BofA

Investing.com — Bank of America said in a note Friday that investors should consider selling the US dollar during a potential bounce this October, driven by historical seasonal patterns and current…

Canada gov’t says Montreal port workers to strike at two terminals for three days

OTTAWA (Reuters) – A union at the port of Montreal has issued a notice for a three- day strike at two terminals starting on Sept 30, federal Labour Minister Steven…

Elliott’s conditional offer selected in Citgo share auction case, sources say

HOUSTON (Reuters) – Financial firm Elliott Investment Management’s conditional offer for shares was accepted by a U.S. court officer overseeing an auction that will determine the future ownership of Venezuela-owned…

Oil prices choppy as traders eye increased supply outlook, China stimulus measures

Investing.com — Oil prices were choppy on Friday, but remained on pace for a weekly decline, as traders assessed stimulus measures out of China and the prospect of increased output…

Agriculture groups urge White House action ahead of possible ports strike

CHICAGO/WASHINGTON (Reuters) – Nearly 200 agriculture organizations on Friday morning urged the White House to address key U.S. agricultural supply chain issues in the face of a potential East and…