Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Oil seesawed on Friday while the price of heating oil jumped more than 6 percent as severe winter cold crimped output at three U.S. refineries, raising worries about higher crude supplies and a possible squeeze on refined products.
The March contract in U.S. crude, which will go off the board today, settled 82 cents lower, at $50.34 a barrel.
for April was flat at $60, after falling to a week low of $57.80 on Thursday.
"It's sell crude, buy products today," said Dominick Chirichella, senior partner at the Energy Management Institute in New York. "The issues with the East Coast refiners have certainly been weighing on the market."
At least three refineries that account for more than two-thirds of the U.S. East Coast's output experienced significant disruptions due to single-digit temperatures that sent the entire Northeast into a deep freeze.
Short-covering in U.S. crude futures ahead of the expiry of the front-month contract could support oil in Friday's late trade, traders said after expectations for another big weekly drop in the U.S. oil rig count failed to materialize.
The number of rigs drilling for oil in the United States fell by 37 this week, the smallest weekly drop this year, a survey showed on Friday. The rig count itself was at its lowest in more than three years.
Brent's premium to U.S. crude widened to above $9 a barrel, the biggest gap in nearly six months.
U.S. heating oil surged more than 6 percent to $2.1368 a gallon, its highest since early December.
The heating oil rally came after Phillips 66 began experiencing extended delays in restarting a crude unit at its 238,000-barrel-per-day Bayway refinery in Linden, New Jersey, according to person familiar with the facility's operations.
In Trainer, Pennsylvania, Delta Refinery said the facility's cooling system, which normally draws water from the Delaware River, is partly frozen, and it had shut a fluid catalytic cracking unit.
Intelligence group Genscape reported that Philadelphia Energy Solutions Inc shut down a vacuum distillation unit at the Girard Point section of the 335,000 bpd refinery in Philadelphia.