President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
According to numerous sources, there will be no firm agenda at the tech summit taking place in New York today between Silicon Valley's top leaders and President-elect Donald Trump, but the general topic will be jobs and the economy and how it will be impacted by digital technologies.
Those who will be attending include Alphabet CEO Larry Page, Tesla and SpaceX CEO Elon Musk, Apple CEO Tim Cook, Facebook COO Sheryl Sandberg, Microsoft CEO Satya Nadella, Cisco CEO Chuck Robbins, IBM CEO Ginni Rometty, Intel CEO Brian Krzanich and Oracle CEO Safra Catz. Amazon CEO Jeff Bezos might also be part of the gathering, said sources.
The invite for the Wednesday event came from Trump's chief of staff Reince Priebus, as well as his son-in-law and chief whisperer Jared Kushner. But the dog-and-pony show was orchestrated by Trump's biggest tech supporter, investor Peter Thiel.
Those close to the process said that Thiel — who is on the Facebook board with Sandberg — and others helping Trump reach out to the tech community had a hard time convincing them to attend, largely due to his persistent public hostility to one of the U.S. economy's few bright and innovative arenas.
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In addition, most of Silicon Valley's leadership backed Trump rival and Democratic nominee Hillary Clinton and were even more supportive of outgoing President Barack Obama.
Tech companies also stand on the other side of a myriad of key issues from Trump, including immigration reform, encryption and a range of social concerns. But those involved said that tech leaders had little choice in accepting the invitation, even if they wanted to decline, opting to engage now even if they later oppose Trump.
We'll see if they bring those issues up with Trump or if they remain quiet with a wait-and-see stance about the new administration. Some, like me and others, think the tech industry should meet with Trump, but also bring up issues important to it, including free trade.
Recode will try to get details from the closed door meeting room today and report on any public statements the participants make at the venue or online. That includes persistent tweet star, Trump. Ironically, Twitter CEO and creator Jack Dorsey was not invited to the meeting.
—By Kara Swisher, Recode.net.
CNBC's parent NBCUniversal is an investor in Recode's parent Vox, and the companies have a content-sharing arrangement.