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• Bobby Knight, basketball coach known for trophies and tantrums, dies at 83
  Bobby Knight, one of college basketball’s signature coaches and a...

  Bobby Knight, one of college basketball’s signature coaches and a singular personality renowned for his tempestuousness and hubris, qualities that helped bring him to the pinnacle of his sport and also tainted his success, died on Wednesday at his home in Bloomington, Ind. He was 83.

  
  

  His death was announced on his website. It did not give a cause.

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• Closing Oil & Gas Prices for Wednesday
  Benchmark U.S. crude oil for December delivery...
  Benchmark U.S. crude oil for December delivery fell 58 cents to $80.44 per barrel Wednesday. Brent crude for January delivery fell 39 cents to $84.63 per barrel.
  
  Wholesale gasoline for December delivery fell 3 cents to $2.19 a gallon. December heating oil rose 5 cents to $2.96 a gallon. December natural gas fell 9 cents to $3.49 per 1,000 cubic feet.
  
  
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• Dow logs best three-day stretch since April as Fed leaves interest rates on hold
  U.S. stocks rose on Wednesday, with the S&P 500...
  U.S. stocks rose on Wednesday, with the S&P 500 capping off its biggest three-day percentage-point gain since March after Federal Reserve Chairman Jerome Powell again suggested that rising Treasury yields were likely aiding the central bank’s fight against inflation. This could potentially ease the pressure on the Fed to push interest rates even higher, which helped boost stocks. The S&P 500 SPX finished higher for the third straight day, rising 44.04 points, or 1.1%, on Wednesday to 4,237.84. The index has gained nearly 3% over the last three trading days, its biggest such gain since March 31. The Nasdaq Composite COMP gained 210.23 points, or 1.6%, to 13,061, rising for a fourth day. The Dow Jones Industrial Average DJIA gained 221.71 points, or 0.7%, to finish Wednesday at 33,274.58. The blue-chip gauge has just seen its biggest three-day point gain since April 3.
  
  
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• Fed keeps freeze on interest rates in place as it fine-tunes its fight vs. inflation
  The Federal Reserve on Wednesday held interest rates steady and left the door slightly ajar for another...
  The Federal Reserve on Wednesday held interest rates steady and left the door slightly ajar for another hike down the road if inflation doesn’t continue to slow.
  
  The decision to hold rates steady in a range of 5.25%-5.5% was unanimous.
  

  
  
  Even though the economy expanded rapidly in the third quarter, Fed Chairman Jerome Powell said a series of interest-rate hikes since the spring of 2022 are putting downward pressure on inflation and economic growth.
  
  He also said he expects the economy to soften in the months ahead and help reduce inflation further, though the Fed is not forecasting a recession.
  
  
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• Expert shares cyber strategies for legacy O&G assets
  Enhanced connectivity in legacy oil and natural gas infrastructure makes it imperative for cybersecurity...
  Enhanced connectivity in legacy oil and natural gas infrastructure makes it imperative for cybersecurity professionals to identify and fortify critical assets and foster clear risk communication with decision-makers, according to ABS Consulting Senior Director of Cybersecurity Blake Benson. "Instead of defending the ocean, you really want to identify these little ponds of criticality" and "then you want to segment those as far away from the internet as possible and from each other to prevent lateral movement," Benson advises.
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