19 May 2017, 10:18 | Darin Griffith
Top US senator calls for removal of Turkey's US ambassador
They said they expected "conduct more appropriate" from Turkey, a member of North Atlantic Treaty Organisation and a key US ally.
MO Sen McCaskill announces plan to save health care exchanges under Obamacare
Like all Congressional Democrats, McCaskill wants to preserve the Affordable Care Act created under President Obama. Medical maladies are expensive and unplanned for when events necessitate immediate coverage.
Alibaba announces $6 billion buyback but misses EPS forecast
Alibaba vice chairman Joseph Tsai told a conference call the company is seeking to capitalize on changes in the Chinese economy. Alibaba reported revenue of $5.61 billion, up 60% and beating the consensus estimate of $5.2 billion (35.87 billion yuan).
Oil prices drop as market remains bloated despite OPEC efforts
Record breaking USA inventory figures in the first quarter were also weighing on the oil prices. The ongoing struggle to thin supplies has forced economists to cut their oil price forecasts.