Iran lets Iraqi oil tankers pass Hormuz as Trump claims "total control"

Iran lets Iraqi oil tankers pass Hormuz as Trump claims "total control"

Iran lets Iraqi oil tankers pass Hormuz as Trump claims "total control"
Crude oil prices rose sharply Wednesday, after President Donald Trump said the U.S. will hit Iran hard in retaliation for an attempted surprise attack on American forces in the Middle East. Brent crude futures, the international benchmark, gained 7.2% to $90.12 a barrel. U.S. West Texas Intermediate futures also advanced 6.6% to $84.46. Trump told Fox News…
PwC has canceled the signature finale to its summer internship program: a multi-day trip to Disney World. Managers at the Big Four firm told members of its 2026 summer intern class they wouldn’t be ending their internships with a trip to Orlando, according to three PwC interns who spoke to Business Insider. PwC confirmed that…
The latest White House proposal to rein in diesel prices and an analyst’s recommendation downgrade were the major factors behind Marathon Petroleum‘s (MPC -3.16%) stock price dip on Tuesday. At the close of that day’s trading session, the company’s equity was down more than 3%. Potential export ban Treasury Secretary Scott Bessent said that the…
Mutual fund dealers are facing new limits on cross-family incentives. Amendments to National Instrument 81-105 – the rule that governs sales practices across Canada’s mutual fund industry – were published in the Ontario Securities Commission Bulletin on August 20, 2026, and take effect October 1, 2026. The changes reach directly into how principal distributors compensate…
This is Part 2 of the seventh installment of Bisnow’s DEI Data Series, an ongoing investigative project that examines the diversity of the boards and executive leadership of the biggest companies in commercial real estate. To read Part 1 of this year’s series, click here. To read previous years’ entries, click here. Commercial real estate…
The Crowdfunding Professionals Association (CfPA) has issued a statement on the NetCapital (NASDAQ:NCPL) fraud allegations. As was recently reported, the Securities and Exchange Commission filed fraud charges alleging that NetCapital improperly recorded $14 million in revenue from consulting by John Fanning, a member of the Advisory Board. The filing claims that NetCapital’s revenue was mostly derived…