• As domestic crude output surges to record levels, the U.S. will cut it

    6 monthes ago - By AG Web

    As domestic crude output surges to record levels, the U.S. will cut its reliance on foreign oil to the lowest in more than 60 years when Dwight D. Eisenhower was president.
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  • Trump's Iran Deal Exit Halts Historic, $40 Billion Boeing, Airbus Deals

    6 monthes ago - By Fortune

    The U.S. withdrawal from a nuclear accord with Iran slams shut what had been a brief opening for historic aircraft sales by Boeing Co. and Airbus SE to the Islamic Republic.
    President Donald Trump's announcement that the U.S would seek to reimpose sanctions left little hope that the planemaking duopolists will be able to consummate $40 billion in aircraft deals struck by Iranian carriers during the brief trade thaw. Both companies' export licenses to Iran will be revoked, Treasury Secretary Steven Mnuchin told reporters.
    The plane orders, badly needed to upgrade the Islamic Republic's...
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  • U.S. Treasury's Mnuchin says Boeing, Airbus licenses to sell jets to Iran to be revoked

    6 monthes ago - By Reuters

    WASHINGTON - Licenses for Boeing Co and Airbus to sell passenger jets to Iran will be revoked, U.S. Treasury Secretary Steve Mnuchin said on Tuesday after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement.
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  • How major US stock indexes fared Tuesday

    6 monthes ago - By Chron

    The major U.S. stock indexes finished unevenly Tuesday after President Donald Trump said the U.S. was withdrawing from a landmark nuclear deal with Iran.
    The policy shift, which would reinstate sanctions on the country, weighed on crude oil prices. Gains in banks and industrial companies were offset by losses in health care and consumer goods stocks.
    On Tuesday:
    The S&P 500 index dipped 0.71 points, or 0.03 percent, to 2,671.92.
    The Dow Jones industrial average gained 2.89 points, or 0.01 percent, to 24,360.21.
    The Nasdaq rose 1.69 points, or 0.02 percent, to 7,266.90.
    The Russell 2000...
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  • Boeing to consult U.S. after Trump move puts Iran jet deal in jeopardy

    6 monthes ago - By Reuters

    WASHINGTON - Boeing Co said on Tuesday it will consult with the U.S. on "next steps" after President Donald Trump's decision to withdraw from a 2015 agreement designed to deny Iran the ability to build nuclear weapons, put a $17 billion deal to sell jets to Iran in jeopardy.
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  • Wall Street erases losses after Trump quits Iran deal

    6 monthes ago - By Reuters

    Wall Street cut losses to end little changed on Tuesday while energy stocks rallied after U.S. President Donald Trump said the United States would quit the Iran nuclear deal, confirming what many investors had expected.
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  • Wall Street flat, energy rises as U.S. leaves Iran deal

    6 monthes ago - By Reuters

    Wall Street ended little changed on Tuesday while energy stocks rose after President Donald Trump said the United States would quit the Iran nuclear deal, confirming what many investors had expected.
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  • S&P 500 nears turning point, could break out to 3,000 says Randy Watts

    6 monthes ago - By Reuters

    William O'Neil's chief investment strategist tells Reuters' Fred Katayama the S&P 500's pennant formation suggests the index will soon make a decisive move. He also comments on oil prices in light of the U.S. move to exit the Iran nuclear deal.
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  • Boeing to consult with U.S. on 'next steps' after Trump's Iran move

    6 monthes ago - By Reuters

    WASHINGTON - Boeing Co said on Tuesday it will consult with the U.S. government on "next steps" following President Donald Trump's decision to withdraw from a 2015 international agreement designed to deny Iran the ability to build nuclear weapons.
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  • Boeing says will consult with U.S. on 'next steps' after Iran announcement

    6 monthes ago - By Reuters

    WASHINGTON - Boeing Co said on Tuesday it will consult with the U.S. government on the "next steps" following President Donald Trump's decision to withdraw from a 2015 international agreement designed to deny Iran the ability to build nuclear weapons.
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