Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.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
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
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
Apple will see 5 million to 7 million iPhone 7 orders from ex-Galaxy Note 7 users, wrote Ming-Chi Kuo, a notoriously accurate analyst at KGI Securities, according to 9to5Mac. Those orders are likely to focus on the higher-end iPhone 7 Plus, thanks to its dual camera, 9to5Mac's Benjamin Mayo reports, citing Kuo.
Samsung recently expanded its existing recall of 1 million phones in the U.S. amid continuing reports that the batteries overheat, catch fire and explode in a handful of cases. Kuo's report reiterates other Wall Street predictions that Apple will win millions of mobile customers from the recall of the now-discontinued phone.
For instance, Brian White, a Drexel Hamilton analyst, estimated in a research note that Apple could pick up at least 8 million extra unit sales this calendar year, out of the 10 million to 14 million Galaxy Note 7 phones he expected to be sold in the second half of the year.
Chinese manufacturer Huawei also stands to gain, the report said. That company was already third behind Apple and Samsung in worldwide smartphone shipment volume in the second quarter, according to IDC estimates.