Saudi Arabia, OPEC’s Anchor, Ponders a Future Without the Cartel

Saudi Arabia’s top government-funded think tank is studying the possible effects on oil markets of a breakup of OPEC, a remarkable research effort for a country that has dominated the oil cartel for nearly 60 years. The effort coincides with new pressures on the Saudi government, including from the U.S., where President Trump has accused…

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Union Leader Says a New Nafta Won’t Work Without Canada

WASHINGTON—The president of the country’s largest group of labor unions said Sunday that a new North American Free Trade Agreement won’t work if it doesn’t include Canada, a day after President Trump indicated his willingness to proceed with a bilateral deal with Mexico alone if necessary. Richard Trumka, president of the AFL-CIO, which collectively represents…

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Trump Says ‘Canada Will be Out’ Without ‘Fair Deal’ on Nafta

WASHINGTON—President Trump said Canada would be left out of a new North American Free Trade Agreement if a “fair deal for the U.S.” isn’t reached—and warned Congress he would terminate the deal entirely if lawmakers “interfere” in the negotiations. Mr. Trump’s warning on Saturday comes a day after U.S. and Canadian negotiators failed to reach…

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AmEx Raised Currency Prices on Business Clients Without Warning, Employees Say

July 30, 2018 5:32 a.m. ET For more than a decade, American Express Co.’s AXP -2.62% foreign-exchange unit recruited business clients with offers of low currency-conversion rates before quietly raising their prices, according to people familiar with the matter. AmEx’s foreign-exchange international payments department routinely increased conversion rates without notifying customers in a bid to…

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Imagine a World Without OPEC

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Trump: Without ICE, you’d be “afraid to walk out of your house”

President Trump said in an interview with Fox News’ Maria Bartiromo, which will air on Sunday Morning Futures tomorrow, that if ICE was abolished, “you’re going to have a country that you’re going to be afraid to walk out of your house.“ “Well I hope they keep thinking about it. Because they’re going to get beaten…

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Amazon Alexa-Powered Device Recorded and Shared User’s Conversation Without Permission

Amazon.com Inc. said that one of its Echo home speakers mistakenly recorded a private conversation and sent it to a person in the owners’ contact list, an incident that raises questions about the security of such voice-operated devices. Confirming a report by a local television station in Seattle, Amazon on Thursday said that the Echo…

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