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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Sep 06, 2023
Page
8
Rapidan Energy Group founder Bob McNally says the supply cuts by Saudi Arabia and Russia should push crude above 90 dollars per barrel barring a sharp economic downturn. The remarks reflect market expectations after the agreement to trim 1.3 million barrels per day from global supply.
Sto Stocks closed lower as traders returned from a holiday weekend. The S&P 500 fell 0.4 percent, Dow down 0.6 percent, and Nasdaq down 0.1 percent after a second weekly gain. Crude oil rose as earnings data showed Americas Car-Mart profit for Q1 missed forecasts and Brady Close traded at 98.00.
Markets eye a quieter week with few government reports as Saudi Arabia and Russia extend production cuts. BBC Alexandria Real Estates closes at $116.37, down 0.58, with the life science real estate company boosting its dividend.
John P. Beckwith, 29, and Randell Mark Smith, 31, both of Lawrence, face fentanyl related charges in Howell's death. Beckwith, first charged in January 2022, pleaded no contest to unlawful distribution and testified against Smith and Hall. Beckwith received 15 months in prison, suspended to 18 months probation. Smith, charged September 2022, has a preliminary hearing set for Oct. 16 and remains free on a $25,000 cash or surety bond.
The restaurant was evacuated after a crash that shook a building dating to the early 1900s. Police said the vehicle traveled 50 to 60 mph on a rainy night and hydroplaned before hitting the structure. Owner Brad Ziegler credited heavy brick construction for limiting injuries. In court, Vess faced charges and was released on a $15,000 own recognizance bond with a status conference set for today. Court records show a 2017 Douglas County DUI conviction for Wess, with details on a second DUI unclear.
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