Violence in the Middle East Stirs Markets

Oil headed for the fourth weekly decline in five in New York as applications for jobless benefits rose and stockpiles climbed to the highest level since July in the U.S., the world’s biggest crude user.
U.S. Airlines Said to Lobby Congress in Gulf Fight
13:45 - March 5 -- The three biggest U.S. airlines, vying with Persian Gulf rivals for overseas fliers, are turning to Congress for help in tightening aviation treaties with Qatar and the United Arab Emirates, two people familiar with the matter said. Hans Nichols reports from Berlin on the dispute, and spoke with Qatar Airways Chief Executive Officer Akbar al Baker. He reviews the outlook for the airlines with Anna Edwards on Bloomberg Television's "Countdown."
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