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Spurred by gains in equity markets, Crude oil prices tracked higher on Thursday, holding above $75 per barrel on the New York Mercantile Exchange.

It has been reported that markets were higher in Asia and Europe. On Wall Street equities closed higher for the third consecutive trading session.

Adding $1.76 from a prior settlement, August delivery light, sweet crude oil, which added close to $3 on Wednesday, went up to $75.83 per barrel.

Heating oil prices for August gained 0.0268 cents to $2.0055 per gallon.

The Department of Transportation said on Thursday that the on-time performance of U. S. airlines declined in May compared with April and May a year ago.

The on-time performance record for the 18 largest carriers in the country dropped to 79.9 percent in May, down from 85.3 percent in April and 80.5 percent in May 2009.

It has also been reported that in May, flight cancellations rose from 0.9 percent of scheduled flights a month ago to 1.2 percent, but baggage handling improved.

Director Sudhir Mishra of Hazaaron Khwaishein Aisi and Chameli fame is in a dilemma these days with two prospective titles of his upcoming film.

According to the reports, Mishra has already completed the film but the release is delayed due to this title dilemma. The comic thriller film stars his favorite actress Chitrangada Singh, Irrfan Khan, Arunodoy Singh and Aditi Rao.

The Madamme Tussauds Museum in London has given place to the wax statutes of many Bollywood actors like veteran Amitabh Bachchan, Shah Rukh Khan, Salaman Khan and Aishwarya Rai. Now, it's the turn of another popular Bollywood actor Hrithik Roshan to make a place among other actors of the industry.

It would close its 638 Wells Fargo Financial stores, folding its lending business into its banks and closing out 3,800 jobs, Wells Fargo & Co. said on Thursday.

The company said in a statement that about 14,000 employees currently work at Wells Fargo Financial, which serves many low-income neighborhoods, offering mortgage and auto loans. However, less than 2 percent of the firm's real estate loans originated at Wells Fargo Financial stores in the first quarter.

Pasta is passé. Abbas Tyrewala compares his new film with Sushi. And thinks Hrithik's pasta parallel for Kites was inapt. Last week director Abbas Tyrewala was spotted on the sets of Siddharth Anand's Anjaana Anjaani in earnest discussion with choreographer Ahmed Khan who was shooting a club song with Ranbir and Priyanka.