Oil fell on Tuesday after surging the most on record following attacks on Saudi's oil industry that disrupted the kingdom's production.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
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U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals production.Economyread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
NBCUniversal's new streaming service will be named "Peacock," the company announced Tuesday.Technologyread more
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In recent months, the FTC and DOJ have launched sweeping investigations into potential anti-competitive behavior among the tech giants. But lawmakers worry those efforts are...Technologyread more
A California person has died from a vaping-associated lung disease that has now killed at least seven people and sickened nearly 400 people, California health officials...Health and Scienceread more
It's too early to comment on whether last week's disclosure of a massive 2014 hacking of Yahoo would push Verizon to renegotiate its deal to buy Yahoo's core internet assets, Tim Armstrong, chief executive of Verizon-unit AOL, said Monday.
"On both sides, the contract has very good protections ... on the sale process," he said — responding to the questions raised in a Wall Street Journal report last week by a mergers and acquisitions attorney about whether Verizon has any recourse.
Armstrong said in an interview on CNBC's "Squawk Box" that Verizon is working with Yahoo to understand the scope of the data breach. He described the process as proceeding "calmly" and "methodically."
Asked several times during the interview about the potential Yahoo hack impact, Armstrong deflected, and spoke about the importance of keeping the data breach investigation separate from the Yahoo integration with Verizon.
The key questions, according to Armstrong, are: When did Yahoo know about the hack? And when did it let Verizon know?
The New York Post on Monday reported executives at Verizon are said to be at war over how to proceed with its $4.8 billion Yahoo deal, which was announced in July after a bidding process.
Verizon bought AOL last year for $4.4 billion.