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
Hurricane Matthew weakened to a Category 3 overnight, but the National Hurricane Center insisted the storm remained "extremely dangerous," as it moved closer to the east coast of Florida this morning. Meanwhile, the death toll from Matthew climbed to 128 across the Caribbean. (CNBC)
Some computer models suggest Hurricane Matthew could "loop" around on itself, and return to Florida next week as a weaker tropical storm or depression. Though it's far too early for any predictions to be reliable. (NBC News)
Colombian President Juan Manuel Santos on Friday won the 2016 Nobel Peace Prize for his efforts to end a 52-year-old war with Marxist rebels, a surprise choice after Colombians voted against the peace accord in a referendum. (Reuters)
Ahead of Sunday's second presidential debate, GOP nominee Donald Trump said as many as 70 percent of federal agency regulations could be eliminated, just hours after an advisor said the candidate would seek to cut 10 percent. (Reuters)
Photo-sharing app Snapchat's parent company is working on an initial public offering that could value the company at $25 billion or more. The company is looking to sell shares as early as late March. (WSJ)
Yahoo (YHOO) is reportedly resisting calls from buyer Verizon (VZ) to cut $1 billion off the $4.8 billion purchase price. The haggling comes after Yahoo's disclosure of a massive hacking in 2014. Verizon said it had been informed of the breach but not of the extent. (NY Post)
Verizon is working with drone makers to connect the flying vehicles to Verizon's wireless network. Drone data plans will start at $25 a month for one gigabyte of data and $80 for 10 gigabytes. (WSJ)
Sprint (S) is letting customers with second thoughts about using a replacement of the recalled Samsung Galaxy Note 7, exchange the device for another type of smartphone. Despite the Galaxy troubles, Samsung's third-quarter guidance beat expectations. (Recode & Reuters)
Shares of Twitter (TWTR) were stable in the premarket, after falling 20 percent on Thursday, with speculation that many of the big name companies that were believed to be interested have decided against making a buyout bid. (CNBC)
Camping World (CWH) — co-owned by Marcus Lemonis, host of CNBC's "The Profit" — debuts on the New York Stock Exchange this morning, after pricing its IPO at $22 per share, in the middle of the expected range.
In addition to the September jobs report, the government releases August wholesale trade at 10 a.m. ET, while the Fed issues August consumer credit numbers at 3 p.m. ET. This afternoon, the weekly oil rig count from Baker Hughes is out at 1 p.m. ET.
Fed-speak figures prominently in the day ahead, with Cleveland Fed President Loretta Mester joining CNBC right after the release of the employment report. Fed Vice Chairman Stanley Fischer, San Francisco Fed VP Mary Daly, and Fed Gov. Lael Brainard all gives speeches today.
In deal news: CIT Group (CIT) sold its aircraft lending business to a unit of China's HNA Group for $10 billion, signifying a big step by CIT to slim itself down in the face of pressure from investors.
Total has agreed to sell its speciality chemicals business Atotech to private equity firm Carlyle Group (CG) or $3.2 billion, part of a $10 billion asset sale program the French oil firm hopes to complete by the end of 2017.
Amid renewed confidence in shares of Deutsche Bank (DB), there were various reports of capital raising plans. Meanwhile, Hedge funds Marshall Wace and Discovery Capital cut their short positions in the embattled German lender.
Volkswagen (VLKAY) is not considering a sale of any of its brands or raising new capital to deal with its emissions scandal costs, according to board chairman Hans Dieter Poetsch.
Gap (GPS) reported a slightly larger-than-expected 3 percent drop in same store sales for all its brands in September. Gap's sales were negatively impacted by an August fire at its Fishkill, New York distribution center.
Honeywell (HON) cut its sales and profit outlook, pointing to an overall business slowdown as well as some delays. The company in July warned of continued weak demand for the second half of the year.
United Technologies (UTX) is cutting its pension liabilities by about $1.77 billion this year, as it transfers management of its plans to a third party and offers lump sum buyouts to about 10,000 retirees.