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Chicago Board of Trade › (CBOT:OYM.H12.5000C)

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Today's Financial News

US stocks climb as Oracle leads technology stocks higher; Oil falls after losing early gains

2 hours, 43 minutes ago

NEW YORK (AP) — U.S. stocks rose sharply Thursday, led gains in by technology stocks after Oracle surged following a strong earnings report. Energy stocks lagged the market as the price of crude oil resumed its slide. EARNINGS BEAT: Oracle posted better-than-expected results late Wednesday in its first quarterly report since co-founder Larry Ellison gave up the helm of the business software maker. The company reported that its software and cloud revenue grew 5 percent. The stock rose $3.39, or 8.3 percent, to $44.61.

Ex-billionaire due in federal court in Montana for contempt hearing as creditors seek payment

2 hours, 47 minutes ago

BUTTE, Mont. (AP) — One-time billionaire Tim Blixseth is due in federal court Thursday to explain why he failed to comply with an order to pay $13.8 million to the creditors of an ultra-luxury Montana resort. Blixseth delayed potential court sanctions for months with an unsuccessful appeal to the 9th Circuit U.S. Court of Appeals.

EU leaders meet to talk about how to jumpstart growth, deal long term with Russia

2 hours, 49 minutes ago

BRUSSELS (AP) — European Union leaders met Thursday to seek solutions to two major challenges — how to jumpstart sluggish economic growth at home, and how to deal long-term with Russia. The fund is supposed to leverage EU seed money and loan guarantees into up to 315 billion euros ($386 billion) of private-sector investment to upgrade infrastructure, create jobs and stimulate growth.

Abu Dhabi's Etihad Airways gets its first A380, outfitted with lux suite, bathroom with shower

2 hours, 51 minutes ago

ABU DHABI, United Arab Emirates (AP) — Abu Dhabi's national carrier, Etihad, has showcased the arrival of its first Airbus A380, outfitted with "the only three-room suite in the sky." The fast-growing Gulf carrier also showcased Thursday its first Boeing 787 Dreamliner, which will begin flying to Dusseldorf, Germany, on Feb. 1.

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