Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
Check out which companies are making headlines after the bell Tuesday:
Texas Instruments - The chipmaker narrowed its third-quarter earnings and revenue guidance. The company said it now expects to earn between 51 and 55 cents a share on revenue of between $3.15 billion and $3.29 billion. Analysts currently expect the company post earnings of 53 cents a share on sales of $3.23 billion. Shares slid in extended-hours trading.
Restoration Hardware - The furniture chain posted earnings of 49 cents a share, excluding one-time items, on sales of $382 million, exceeding Wall Street expectations for 43 cents a share on revenue of $387 million., In addition, the company handed in current-quarter guidance that topped forecasts. Shares climbed in extended-hours trading.
Synnex - The IT supply chain services company acquired IBM's customer care business in a deal worth $505 million. In addition, Synnex entered a multi-year agreement to become IBM's strategic business partner. Shares of Synnex rallied in extended-hours trading. IBM also inched slightly higher.
Best Buy - CEO Hubert Joly sold 350,467 stock options and 100,686 shares of the company, according to the most recent 8K filing. Shares of the company slipped in extended-hours trading.
International Paper - The pulp and paper company lifted its quarterly dividend by 17 percent to 35 cents a share and announced a $1.5 billion stock repurchase program. Shares climbed in extended-hours trading.
Oxford Industries - The clothing retailer posted earnings of $1.01 a share, ex-items, on sales of $235 million, versus expectations for 98 cents a share on revenue of $243 million. Meanwhile, the company handed in current-quarter earnings guidance that missed Wall Street expectations, sending shares lower in extended-hours trading.
ISI Group initiated coverage of 21st Century Fox, AMC Networks, CBS, Time Warner and Viacom with a "buy" rating. Meanwhile, the brokerage started coverage of Disney, Discovery Communications and Scripps Networks Interactive with a "neutral" rating.