An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread 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
U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's oil facilities caused the largest...Oilread more
U.S. Energy Secretary Rick Perry spoke to CNBC following drone strikes on Saudi Arabia's oil processing facilities.Oilread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit, while some energy stocks are shooting upward.Marketsread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to Kuo.Technologyread more
The Times updated an article detailing a previously unreported accusation against Justice Kavanaugh from when he was a Yale University student, noting that "the female student...Politicsread more
Samsung is planning to set up an artificial intelligence (AI) research center, it announced Wednesday.
The center will be established between the mobile and consumer electronics businesses that form two of three of Samsung's major divisions.
The South Korean electronics giant said it was making these minor organizational changes in order to "quickly respond to market changes."
HS Kim, the head of the consumer electronics division, will head up Samsung Research. Samsung did not say where the AI center will be based.
The company also said that Young Sohn, Samsung's chief strategy officer, will have a "strengthened" role to look for new business areas for all the business groups. This includes mobile, consumer electronics, and device solutions, which contains the fast-growing semiconductor unit.
Sohn led Samsung's $8 billion acquisition of Harman last year.
The latest changes come after Samsung announced a shakeup of its leadership in October, where it replaced its CEO.