Oil companies told to stop drilling now to save the planet

The International Energy Agency, which was founded by rich industrial nations after oil shocks in the 1970s to promote secure and affordable energy supplies, says the world needs to stop drilling for oil and gas right now to prevent a climate catastrophe.

News: What you need to know about the markets     Oil companies told to stop drilling now to save the planet The International Energy Agency, which was founded by rich industrial nations after oil shocks in the 1970s to promote secure and affordable energy supplies, says the world needs to stop drilling for oil and gas right now to prevent a climate catastrophe. Read more »   Prophetic investor from 'The Big Short' is betting against Tesla Michael Burry, one of the investors who became famous for predicting the epic collapse in the housing market in 2008 that was chronicled in the book and movie "The Big Short," has a new favorite stock to bet against: Tesla. Read more »   Amazon reportedly in talks to buy MGM as streaming wars intensify Amazon is reportedly in talks to buy MGM, the vaunted film studio that was a staple of Hollywood's Golden Age. A tie-up would give the tech firm a big brand to wield as competition in streaming grows fiercer by the day. Read more »   AT&T to spin off and combine WarnerMedia with Discovery in deal that would create streaming giant The streaming TV race is about to get even more competitive. Read more »   What the WarnerMedia-Discovery deal means for CNN and Jeff Zucker Twenty five years ago, David Zaslav was instrumental in getting the brand-new cable news channel MSNBC into homes, sparking a new era of cable competition. Read more »   Bank of America will raise its minimum wage to $25 by 2025 Bank of America said Tuesday that it will raise the hourly minimum wage of its US employees to $25 by 2025. Read more »

Dow Nasdaq S&P -267.13   -75.41   -35.46 34,060.66   13,303.64   4,127.83 -0.78%   -0.56%   -0.85% YTD +11.29%   YTD +3.22%   YTD +9.90%

Biggest Winners CVS Health Corp +4.79%   Live Nation Entertainment Inc +3.04%   Walmart Inc +2.17%   Boston Properties Inc +2.06% Biggest Losers AT&T Inc -5.80%   Molson Coors Beverage Co -4.23%   Gap Inc -3.72%   Quanta Services Inc -3.71%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $65.29 -0.20 / -0.31% Gold $1,870.00 +2.00 / +0.11% 10-yr 1.64% +0.00 Euro $1.22 +0.01 / +0.55%

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