• Aug 29, 2024

Chicago Options Entrepreneurs Net Millions From IG Stock Sale

(Bloomberg) -- Tom Sosnoff and Scott Sheridan sold about £65 million ($86 million) worth of IG Group Holdings Plc shares in the first big selldown since their Chicago-based options-trading business was bought by the British firm three years ago.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Loud Warning From the Past About Living With Car

  • Aug 29, 2024

Rigs Drilling 57 Miles a Year Spur Record US Oil Output Forecast

(Bloomberg) -- Oil rigs in the Permian and Bakken basins of the US are producing at the most efficient rates in about 13 years, leading Macquarie Group analysts to predict the country’s crude production will top most consensus views.Most Read from BloombergTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowDense Cities With Low Emissions Suffer Most From Air Pollution