Oil prices firm up after falling on supply data


© Reuters. Oil prices recover after dropping on supply build – Oil prices firmed up on Thursday, stabilizing after a steep drop in the previous session after data showing an unexpected increase in U.S. oil stockpiles last week on the back of increased production. On the New York Mercantile Exchange, for August delivery edged up 0.17% to $57.05 a ...

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California moves to strike ‘lynching’ language from state law


© Reuters. California Governor Jerry Brown waits to speak during a news conference at the State Capitol in Sacramento By Emmett Berg SAN FRANCISCO (Reuters) – California Governor Jerry Brown on Wednesday was considering whether to sign a bill that would remove the word “lynching” from a 1933 law that used the term to describe the crime of trying to ...

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Wisconsin Governor Walker signs bill banning microbeads


© Reuters. Potential Republican Presidential Candidate Scott Walker speaks during the Western Conservative Summit in Denver By Brendan O’Brien (Reuters) – Wisconsin Governor Scott Walker on Wednesday signed a bill into law that bans the manufacturing and sale of personal care products containing tiny plastic beads that are known to pollute waterways. The law makes Wisconsin one of seven states ...

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Chicago mayor urges legislature to tackle teacher pension funding woes


© Reuters. Chicago’s Mayor Rahm Emanuel attends an opening ceremony for the Yelp Inc. offices in Chicago, Illinois CHICAGO (Reuters) – Chicago Mayor Rahm Emanuel on Wednesday called on the Illinois Legislature to make fundamental changes to the funding of teachers pensions to stop the financial free fall at the city’s public school district. Emanuel offered two solutions. One would ...

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NYMEX crude weaker in Asia as U.S. supply data weighs


© Reuters. NYMEX crude ticks weaker in Asia after U.S. supply data – Crude oil held slightly weaker in Asia on Thursday as regional investors digested the implications of a build in U.S. stockpiles and the scope for demand globally. On the New York Mercantile Exchange, WTI crude for August delivery fell 0.05% at $56.93 a barrel. Overnight, WTI ...

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