Wall Street reverses loss, gains on oil rally
Chevron climbed 2.5 percent and Exxon Mobil gained 4.66 percent. At 2:22 pm ET, the Dow Jones industrial average was up 0.38 percent to 18,297.06 points and the S&P 500 had gained 0.29 percent to 2,166.1. The Nasdaq Composite added 0.07 percent to 5,309.31.
OPEC agrees to limit oil output at 32.5 million barrels per day
Testimony: GOP staff wanted Democrats off bridge authorityNEWARK, N.J. (AP) ? The former bridge authority official testifying in the George Washington Bridge lane-closing trial said Wednesday that Republican Gov. Chris Christie's staff asked him to produce a list of authority employees so the Democrats could be purged.
Warplanes knock out Aleppo hospitals as Russian-backed assault intensifies
By Ellen Francis and Tom Perry BEIRUT (Reuters) - Russian or Syrian warplanes knocked two hospitals out of service in the besieged rebel sector of Aleppo on Wednesday and ground forces intensified an assault in a battle which the United Nations said had turned the city into a slaughterhouse. Two patients died in one of the hospitals and other shelling killed six residents queueing for bread under a siege that has trapped 250,000 people with food running out. "The warplane flew over us and directly started dropping its missiles ... at around 4 a.m.," Mohammad Abu Rajab, a radiologist at the M10 hospital, the largest trauma hospital in the city's rebel-held sector, told Reuters.
Seeking maximum lift from debate, Clinton courts millennials
WASHINGTON (AP) ? Hillary Clinton sought Wednesday to parlay her widely praised debate performance into stronger support from women, young Americans and other critical voter groups, while Donald Trump kept focus on the die-hard backers who have thronged his rallies this year.
Kerry says TPP rejection would hurt US national security
WASHINGTON (AP) ? Secretary of State John Kerry urged Congress on Wednesday to adopt a landmark 12-nation Asia-Pacific trade deal, arguing that rejection would badly damage U.S. credibility and national security.
US accused of killing 22 in misdirected Somalia air strikeBy Abdi Sheikh MOGADISHU (Reuters) - An air strike in northern Somalia left as many as 22 soldiers dead overnight, local officials said on Wednesday, and one region said the United States had been duped into attacking its troops. Galmudug's Security Minister Osman Issa said 22 of his region's soldiers had been killed in the strike, adding that the rival neighbouring region of Puntland had requested it on the pretext that the men were al Shabaab Islamist militants. "Puntland misinformed the United States and thus our forces were bombed," he told Reuters.
UBS in $15 mn settlement with US over derivatives sales
The Swiss private banking giant UBS has agreed to pay $15 million to settle US allegations of selling risky derivative investments to thousands of unsophisticated investors, US market regulators said Wednesday. The Securities and Exchange Commission said a US arm of the private wealth manager, UBS Financial Services Inc, had failed to train and educate its sales force adequately about the risks of complex financial products known as reverse convertible notes, which are derivatives whose values are generally based on the performance of an underlying stock. Some were retirees, according the SEC.
Massive Texas district isn't big enough for either candidate
AUSTIN, Texas (AP) ? A West Texas congressional district sprawls 58,000-plus square miles and two time zones, from San Antonio to just outside El Paso. Yet neither the Republican who represents it nor the Democrat trying to reclaim the seat actually lives there.
Inquiry says MH17 shot down by missile brought into Ukraine from Russia
The missile that downed flight MH17 over eastern Ukraine was transported from Russia, a criminal inquiry revealed Wednesday, as it announced that about 100 people were being investigated for playing "an active role" in the disaster. Saying they had "irrefutable evidence" that the BUK missile system was used to blow the Malaysia Airlines plane out of the sky, investigators also for the first time pinpointed that the device was fired from a field in a part of eastern Ukraine then controlled by pro-Russia separatists. The findings of the Dutch-led probe stopped short of directly accusing Moscow of involvement in the tragedy in July 2014, and both the rebels and Russia issued fresh statements denying any responsibility.