Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread 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
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread 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
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
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
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Check out which companies are making headlines after the bell on Wednesday:
Shares of Jabil Circuit fell as much as 4 percent after the bell Wednesday. The manufacturing company reported quarterly earnings of 28 cents a share, 3 cents above estimates. It also beat on its top line, reporting revenue of $4.43 billion, compared to estimates of $4.27 billion.
Bed Bath & Beyond shares fell 2 percent in after-hours trading after the retail chain reported earnings and missed on both the top and bottom lines. The New Jersey-based company reported profits of $1.11 per share, below analyst estimates of $1.16 a share. Its quarterly revenue of $2.99 billion fell short of the estimated $3.05 billion.
Red Hat went in the other direction after its earnings report. The software company saw its shares jump 7 percent after it reported earnings of 55 cents a share, beating estimates by a penny. Its revenue of $600 million beat estimates by $10 million. The company also made news earlier this week by announcing an extended collaboration with IBM.
Caesars Entertainment shares saw a bump of nearly 5 percent after the bell, following the company's joint proposal with Apollo Global Management and TPG Capital to offer an additional $1.2 billion to hold-out creditors of its subsidiary, Caesars Entertainment Operating Co. CEOC filed for bankruptcy in January 2015, leading to a battle over the amount its parent company must pay to have it released from creditors.
Drugmaker Sarepta Therapeutics rose about 1 percent after-hours after announcing its plan to sell up to $225 million worth of stock to the public to help with its clinical trials. The stock is up more than 99 percent since its close on Friday.