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 sector this year, spiked on 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
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 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
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
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
The subpoeana from Manhattan District Attorney's Cyrus Vance Jr.'s , for President Donald Trump's tax returns, was issued last month to Trump's accounting firm, Mazars.Politicsread more
While the UAW has rejected the offer and sent roughly 48,000 of its workers out on strike, the EV truck is widely expected to remain part of an eventual settlement.Autosread more
While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
The new chief of the Federal Aviation Administration says he plans to test out Boeing's software changes to the 737 Max in a simulator.Airlinesread more
was the one big tech company that declined to send executives to a meeting about technology with the Trump White House on Monday.
Among the CEOs of the five most-valuable U.S. companies by market worth, Facebook CEO Mark Zuckerberg was alone in spurning the invitation. Chief Operating Officer Sheryl Sandberg, who attended a December meeting with President Trump, also did not attend.
The official reason: scheduling conflicts. Sandberg is scheduled to speak at the Cannes Lions advertising industry conference this week in Cannes, France. Facebook did not explain Zuckerberg's conflict.
Facebook board member Peter Thiel was scheduled to attend the meeting of the newly-formed American Technology Council, led by Trump's son-in-law Jared Kushner.
In a statement preceding the meeting, Kushner said the U.S. must move beyond "floppy disks" and "Y2K."
Facebook execs have been critical of Trump on some fronts. In January, Sandberg criticized the administration's travel ban on citizens from several Mideast nations, saying that they "defy the heart and values that define the best of our nation." And Zuckerberg said in a June 1 post on Facebook that Trump's decision to pull the U.S. out of the Paris climate accord "is bad for the environment, bad for the economy, and it puts our children's future at risk."
However, several of the other execs in attendance had similar criticisms, including Apple CEO Tim Cook, who said in an email to Apple employees that Trump's withdrawal from the Paris accord was "wrong for our planet," and Amazon CEO Jeff Bezos, who came out against the travel ban.
Here's a full list of all the tech execs scheduled to attend.