U.S.-China trade hopes lift world stocks, oil soarsWorld stocks extended their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war.
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Former Insys CEO to plead guilty in opioid kickback caseThe former chief executive of Insys Therapeutics Inc is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive opioid medication.
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Oil rises 2 percent on U.S.-China trade talk optimismOil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world's two largest economies would resolve their trade standoff.
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