Business

Oil prices rise on hopes of production cuts

However, the pain for large oil-producing nations has intensified this year as oil prices have plunged to 12-year lows and some analysts warn they could fall to $20 a barrel or lower. Barclays stated on Thursday: "We remain highly sceptical that such a meeting will result in credible cuts in supply; thus, we see this as nothing more than an attempt to shift market sentiment, and we do not expect that it will change the physical market imbalance".

Business

Surprising social media trends from around the world

So here’s a look at some of the more idiosyncratic social media trends currently happening around our planet. European variance Given the massive range of cultures and languages in Europe, it’s no surprise to find that various nations have their own take on social media.

Business

Disney Infant Bodysuit Recalled

There have been no reports of injuries due to the snaps detaching, but Disney is recalling the bodysuits just in case. A baby onesie featuring a Darth Vader caricature is being recalled because it poses a choking hazard. The products were sold between February 2015 and November 2015 at Disneyland, Walt Disney World, the Treasure Ketch Shop on the Disney Wonder and Mickey's Mainsail located on the Disney Magic, Disney Dream and Disney Fantasy cruise ships.

Business

Ex-US Marine released from Iran grateful for support

The Americans' flight from Iran was delayed because of confusion over the whereabouts of Rezaian's wife and mother, whom USA officials had insisted be part of the release deal. "After I was elected, it was my job", Kildee said. (Martin Baron/The Washington Post via AP). The Iranian-American was detained in August 2011.

Business

Chipotle stores to close Feb. 8 for few hours

In February, Chipotle executives plan to start "inviting customers back" to restaurants with improved marketing and direct mail offers. The trouble began in August when 64 customers in Minnesota were infected with Salmonella and about 100 people were struck by norovirus in southern California.

Business

Verizon Joins AT&T in This Controversial Net Neutrality Practice

The company's CFO Fran Shammo confirmed in an interview following its fourth-quarter earnings report that for now Verizon has no plans of launching any unlimited data offering for its customers. You'll know the content is safe to consume courtesy of a bee icon next to it. The company is calling this its FreeBee Data service, which is in beta as of today.