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Will Oil Majors Ever Recover? (Jeff C.)
With global prices showing no signs of a rebound, earnings are taking a beating, refining margins have sunk, and debt levels continue to soar. Alarm bells are ringing louder than ever.
No Tax Returns from Trump (Jimmy)
Email and sex scandals have overshadowed the scandal that Donald Trump will be the first Republican presidential candidate since Richard Nixon not to release his tax returns before the election.
Karl Rove: Trump Can’t Win (Jeff C.)
In an appearance on “Fox News Sunday,” the Republican strategist said that Donald Trump’s poll numbers are simply too dismal to end in victory on election night.
‘Brexit’ Not So? (Dan)
Just as new UK Prime Minister Theresa May was preparing to enact Article 50, which would formerly begin the British “exit” from the European Union, the country’s highest court ruled the process must go through Parliament.
US-Russian Cyberwar Escalation Based on Unproven Allegations (Jimmy)
US government agencies claim Russia is behind email hacks and election interference. But where is the hard evidence?
Thomson Reuters Cutting 2,000 Jobs (Jeff C.)
The news and information giant will be shedding some 4% of its total workforce, though there will be no decline in headcount in the Reuters newsroom, according to a memo to employees on Tuesday. We’ve heard that before from other front office brass in the news industry.
Pro-Clinton Media Calls for UK to Storm Embassy and Arrest Assange (Trevin)
Newsweek accused Wikileaks of stealing property (Podesta emails), and also printed that Assange has been charged with a crime. Both are untrue, and libelous according to The Indicter.