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The Latest Breaking News from Peter McNally

As Trump pitches Venezuelan oil dream for US companies, experts warn it won't be cheap or easy

President Trump has set his sights on Venezuela's vast oil reserves, the largest in the world. If consolidated under Washington’s influence, about one third of global oil reserves could end up under US control. Yet, experts are skeptical about Trump's plans, saying it won't be cheap or easy.

Euronews

What role could the US play in Venezuela’s ‘bust’ oil industry?

Experts say lifting production to former levels could take decades and huge investment will be needed

The Guardian - UK

Fragile Iran-Israel ceasefire calms oil markets

Oil prices tumbled more after Iran struck US military base in Qatar, a sign Strait of Hormuz would stay open for now.

Al Jazeera

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Why Trump’s ‘drill, baby, drill’ pledge may not actually lower US gas prices

Despite president-elect’s vow, energy companies focus on managing resources to be profitable, not pumping more oil

The Guardian - US

Prolonged Strike Clouds New Boeing CEO's Turnaround

The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage.

International Business Times

Boeing Reports $6.2 Bn Loss On Strike, Defense Contract Woes

Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labor strike weighed on its commercial plane division and costly problems dragged down its defense and space business.

International Business Times

Stock Market Today: Stocks Close Higher Ahead of Powell Speech

The main indexes kicked off the second half with a win thanks to solid gains in several mega-cap stocks.

Kiplinger

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Bridges taking shape as construction steams ahead on inner city bypass

'It's one of the most significant investments we can make.'

Newcastle Herald

Link Road being looked at with 'more work to be done' after inner city bypass

'Anyone who drives the Link Road knows that it's awful.'

Newcastle Herald

Is the Stock Market Open on Memorial Day in 2025?

Memorial Day is quickly approaching. Do investors get to enjoy a three-day weekend?

Kiplinger

Biden’s push to refill the nation’s oil reserve is in limbo as strategists warn of a ‘supercycle’ that could make crude too costly

Refilling the reserve now could be expensive because of high oil prices. But waiting could be risky if there's another oil price shock.

Fortune

Unprecedented profit for Exxon as travel, and war, heated up

Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods

The Independent UK

As Boeing posts more red ink, CEO cites progress, swipes at FAA

Still struggling with a wobbly supply chain and production slowdowns, Boeing lost $663 million, or $1.06 per share, in the fourth quarter despite Wall Street analysts’ expectation of a profit.

Tribune News Service

Drunk yob shouted 'this is what it is all about' as police hit with missiles

Peter McNally stormed the pitch at Old Trafford ahead of a match against Liverpool

Liverpool Echo

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Manchester Evening News

Manchester United fan filmed himself on Old Trafford pitch screaming 'people f***ing power' as police hit with missiles

Six more fans were sentenced for their part in the chaotic protests

Asharq Al-Awsat

Hundreds of Flights Axed as US Kicks Off Long Holiday Weekend

Airlines cancelled several hundred US flights Saturday at the start of a long and almost certainly messy holiday travel weekend as carriers struggled to staff their planes. As of mid-day, with Americans gearing up for July 4 Independence Day celebrations, some 600 flights within, into or out of the United…

People

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