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Updated: 39 min 23 sec ago

Oil prices surge as OPEC agrees joint 1.2 mn bpd cut with partners

Fri, 12/07/2018 - 13:26

OPEC members and 10 other oil producing nations, including Russia, agreed Friday to cut output by 1.2 million barrels a day in a bid to reverse falls in prices in recent months. Energy ministers reached the deal -- which takes effect from January 1 but has already sent prices surging on oil markets -- after two days of talks at OPEC headquarters in Vienna. "OPEC group countries are contributing 800,000 barrels per day as a cut, and the non-OPEC (countries) will be contributing 400,000 barrels per day," Emirati Oil Minister Suhail Mohamed al-Mazrouei said at a news conference.

Endangered Hawaiian monk seals baffle scientists by getting eels stuck in their noses

Fri, 12/07/2018 - 13:25

The behaviour of the endangered Hawaiian monk seal has researchers confused - after multiple incidents involving the creatures getting eels stuck up their noses. “Mondays… it might not have been a good one for you but it had to be better than an eel in your nose,” the HMSRP captioned the photo. The unlucky situation led many to raise questions on Facebook, where the photo has been shared more than 1,200 times.

OPEC, Russia agree to slash oil output despite Trump pressure

Fri, 12/07/2018 - 13:20

The producer club will curb output from January by 0.8 million barrels per day versus October levels while non-OPEC allies contribute an additional 0.4 million bpd of cuts, in a move to be reviewed at a meeting in April. Oil prices jumped about 5 percent to more than $63 a barrel as the combined cut of 1.2 million bpd was larger than the minimum 1 million bpd that the market had expected. Saudi Arabia, de facto leader of the Organization of the Petroleum Exporting Countries, has faced demands from Trump to help the global economy by refraining from paring supplies.

77th anniversary of the Pearl Harbor attack

Fri, 12/07/2018 - 13:15

77 years ago today on the morning of Dec. 7,  1941, a Sunday, Japanese bombers flew across Oahu, Hawaii, and began their assault.

Rex Tillerson Says He Repeatedly Stopped Donald Trump From Breaking The Law

Fri, 12/07/2018 - 12:45

Former Secretary of State Rex Tillerson said he was fired by Donald Trump

Young Afghan Messi fan threatened by criminals, Taliban

Fri, 12/07/2018 - 11:51

KABUL, Afghanistan (AP) — A young Afghan soccer fan who shot to fame after he was photographed in a Messi shirt made from a plastic bag has been forced to flee with his family to the capital after criminal gangs and the Taliban threatened to kill or kidnap him, his mother said Friday.

The Latest: OPEC backs 6-month oil production cut package

Fri, 12/07/2018 - 11:13

VIENNA (AP) — The Latest on the OPEC oil meeting (all times local):

Company Insiders Are Buying Home Improvement Stocks

Fri, 12/07/2018 - 10:21

For the last few months, shares of home improvement stocks have been under pressure. Weakness in the housing market, driven by rising rates and higher material costs, was a main catalyst. First, some analysts think that the weakness in housing stocks is overdone, and the lower end of the housing market remains undersupplied.

Elementary school principal put on leave after banning Santa, candy cane decorations

Fri, 12/07/2018 - 10:19

An elementary school principal was put on leave after trying to enact a

Honduran women and children say they were threatened with denial of asylum and jail time

Fri, 12/07/2018 - 09:49

On Dec. 1, 2018, a group of Honduran women and children tried to cross the border between Tijuana, Mexico, and San Diego in an attempt to seek asylum in the United States. They were met by U.S. Border Patrol agents who, they said, urged them to return to Mexico, threatening them with jail time and denial of asylum if they proceeded to cross.

Don Lemon Roasts 'Hypocrite-In-Chief' Donald Trump Over Undocumented Workers Report

Fri, 12/07/2018 - 09:11

CNN's Don Lemon called Donald Trump the "hypocrite-in-chief" on Thursday,

Ukraine says will send naval ships through Kerch Strait soon

Fri, 12/07/2018 - 08:27

MINSK, Belarus (AP) — Ukraine's defense ministry warned Russia on Friday that it will soon send navy ships through the Kerch Strait where Russia fired on and seized three Ukrainian vessels two weeks ago.

Kevin Hart steps down from hosting the 2019 Academy Awards

Fri, 12/07/2018 - 08:14

The comedian announced he is stepping down following criticism of some anti-gay tweets he posted years ago. ABC News Emily Rau reports.

Is this Chevrolet Camaro the ultimate Christmas decoration?

Fri, 12/07/2018 - 07:33

Want to win the battle of the Christmas lights in your neighborhood? Check out this working Chevy Camaro complete with 1500 illuminations!

Huawei arrest stokes fears of China reprisals among America Inc executives

Fri, 12/07/2018 - 06:29

HONG KONG/SHANGHAI (Reuters) - At a closed-door security meeting of U.S. companies in Singapore on Thursday, one topic was high on the agenda: the arrest of a top executive at Chinese tech giant Huawei and the potential backlash on American firms operating in China. Officials from major U.S. companies who attended the event, a scheduled meeting of the local chapter of the U.S. Department of State's Overseas Security Advisory Council (OSAC), voiced concerns about retaliation against American firms and their executives, two people with knowledge of the meeting said. A number of attendees said their companies were considering restricting non-essential China travel and looking to move meetings outside the country, one of the people added.

New 2019 Lego kits include 1967 Mini Cooper and Ferrari F40

Fri, 12/07/2018 - 05:14

Lego's new 2019 kits from their Speed Champions range will include Rauno Aaltonen's Rally Monte Carlo-winning 1967 Mini Cooper S Rally and the Ferrari F40 Competizione

Fox News' Tucker Carlson Loses Patience With Donald Trump: 'I Don't Think He's Capable'

Fri, 12/07/2018 - 04:27

Tucker Carlson is usually quick to go after critics of President Donald Trump

Huawei 'princess' becomes pawn in US-China trade row

Fri, 12/07/2018 - 04:01

As the daughter of the company's founder, Meng Wanzhou was known internally as the "princess" of telecoms giant Huawei and possible heir to the throne, but now finds herself a pawn in the US-China trade clash. Meng, Huawei's chief financial officer, was arrested in Canada at the request of the United States, which seeks to extradite her in a move that could blow tensions between the two powers wide open. The affair is a major setback for a woman who had been rising through the company founded by her father Ren Zhengfei, sparking speculation in recent years that she would some day assume full control.

Donald Trump Becomes Butt Of Twitter Jokes With 'Boarder Security' Typo

Fri, 12/07/2018 - 02:15

President Donald Trump became a Twitter laughingstock late Thursday with yet

Autistic Student Dies After Being Restrained Face-Down By Staff At California School For Close To An Hour

Fri, 12/07/2018 - 01:42

The incident took place at the Guiding Hands School in El Dorado Hills, California, where authorities say the 13-year-old was put in what was known as a “prone restraint” for close to an hour. As the Sacramento Bee reported, the boy stopped breathing at some point while he was restrained. The El Dorado County Sheriff’s Office said the student, who was severely autistic, became violent and had to be placed in the restraint after attacking staff members.