Industries

Markets

GameStop names Ryan Cohen CEO

GameStop is naming billionaire Ryan Cohen as CEO, effective immediately. Cohen is the company's largest investor and replaces Matt Furlong, who was fired in June.

Markets

Oil nears $94 per barrel

The price of oil is nearing $94 per barrel after the Energy Information Administration reported a larger-than-expected draw on inventories of over 2.1 million, jolting the crude market.