On Thursday WTI prices rocketed 10.3 percent, rebounding from more than six-year lows. "It's just incredible," said Phil Flynn of Price Futures Group. When oil prices went below $40 a barrel, that was a signal people thought that because of China, the global economy was going to grind to a halt," he said.
(Reuters) - Rebekah Brooks will return to her old job at News Corp heading its British newspaper division, the Financial Times reported on Friday, just over a year after being cleared of criminal charges in a phone-hacking scandal. Reuters reported in March that Brooks, the former editor of the News of the World tabloid and seen as Murdoch's protege, was in talks about returning to News Corp. "As we have said, we have been having discussions with Rebekah Brooks and when we have any announcements to make we will let you know," a News Corp spokesman said on Friday. News UK, which covers Murdoch's British newspaper titles, declined further comment.
RALEIGH, N.C. (AP) — North Carolina state prosecutors announced Friday that they won't retry a white police officer who fatally shot an unarmed black man, saying that talking with jurors after the mistrial helped convince them they cannot get a conviction.