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
Microsoft has elected four new members to its board of directors, bringing the total to 14.
Nine of those 14 have been appointed since Satya Nadella became the company's third CEO in February 2014. Nadella has already made a significant mark on the company, emphasizing its cloud products over its highly profitable but declining Windows franchise, and getting Microsoft out of the smartphone business, among other moves. The company's shares are up more than 70 percent since Nadella took over.
The new members had all been previously announced, but were officially elected by shareholders in the company's annual meeting on Wednesday. The new members are:
Mason Morfitt of hedge fund ValueAct has stepped down from the board as well, as expected. Morfitt was invited to join in 2014 after his firm acquired a 0.8% stake in the company in 2013. ValueAct reportedly pressured the company to replace then-CEO Steve Ballmer, and its CEO wanted Microsoft to release Office for Apple's iPad – a move that Ballmer resisted, and one of the first things Nadella did when he took over.
With the new appointments, only three of Microsoft's independent board members predate Nadella's tenure: Chairman John Thompson, who joined in 2012; former Bank of America Vice Chair Charles Noski, who joined in 2003; and former BMW Chairman Helmut Panke, who also joined in 2003.
Nadella and founder Bill Gates are also on the board. The full list is here.