Mark J Mckinnon

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Investors Freak As Saudi Inaction Could Sink Oil To $20 A Barrel. Time To Buy?

<i>OPEC is not going to come to the rescue. It is up to American producers to cut oil supplies.</i><p>The world is freaking out over oil. After falling 6% on Monday, U.S. crude slipped another 4% Tuesday to close at $47.92. Brent crude is now down to $51.10. This is the lowest price since early 2009, when …

Violent clashes in Egypt amid warnings of civil war

Egypt’s rival political factions stood on the brink of all-out conflict on Friday as supporters and opponents of President Mohammad Morsi staged rival demonstrations and an influential religious body warned that the country risked civil war.<p>Amid rising tensions in the run-up to Mr Morsi first …

Associated Press News

Apple's Spaceship HQ Is Getting a Downgrade From Absurd to Just Plain Extravagant

Back in 2011, when Steve Jobs announced his plans to build a spaceship-like Cupertino HQ for Apple, we all knew it was going to be one ridiculously …

The Military Isn't Going to Change Anytime Soon

Jobs, reputations, and institutional memory are just some of the reasons why the armed forces are hard to restructure, regardless of what Hagel might promise.<p>In his first major policy address as Secretary of Defense, Chuck Hagel called for a radical overhaul of our armed forces -- "not just …