Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread 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
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead 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
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
A leading pro-Trump super PAC wants to add billionaire venture capitalist Peter Thiel to its list of high-profile donors, according to a person with direct knowledge of the matter.
It is unclear whether Thiel will contribute to America First Action despite his support for President Donald Trump in the 2016 election. The group's intentions make it clear that the early Facebook investor and PayPal co-founder's money is still highly sought-after in Republican fundraising circles, particularly as the GOP tries to defend its majorities in Congress this fall.
America First Action's finance chairman would neither confirm nor deny that Thiel, who has an estimated net worth of $2.6 billion, was on the super PAC's target list.
"We don't discuss our donors or potential donors in public," said Roy Bailey, a financier based in Dallas.
A spokesman for Thiel and other representatives for the super PAC did not return requests for comment.
Going into this year's midterm primary season, several of Trump's closest confidants were concerned that Thiel would be a no-show in the campaign after some White House officials purportedly gave the Silicon Valley tycoon the cold shoulder, sources told CNBC in May.
Thiel appeared to limit his contributions in the early stages of the 2018 election cycle. His largest donation, $66,100, went to the National Republican Congressional Committee last September, according to Federal Election Commission records. He gave his most recent five-figure payout, $33,900, to the NRCC in November. He also gave $5,000 to Facebook's political action committee in May.
Thiel has a record of giving big to pro-Trump causes, and the president's loyalists hope he will come through again this time to help preserve Republican majorities in the House and Senate.
During the 2016 presidential campaign, Thiel gave $1 million to the pro-Trump super PAC Make America Number 1 and $250,000 to the Trump Victory Committee, a joint effort between the Trump campaign and the Republican National Committee. He was also a featured speaker at the 2016 Republican National Convention before Trump's official nomination.
Thiel is a major player in Silicon Valley and Washington. In addition to his involvement with Facebook and PayPal, he co-founded data-mining firm Palantir Technologies, which has received lucrative government contracts in recent years. In March, the company snagged a deal to provide software for the Army.
In April, Thiel dined with Trump and Oracle CEO Safra Catz. In June 2017, Thiel took part in a White House meeting, led by the president, which included other tech industry leaders, including Apple's Tim Cook, Alphabet's Eric Schmidt and Microsoft's Satya Nadella.
Thiel has offered a mix of praise and criticism for the Trump administration. He told The New York Times in March that "there are all these ways that things have fallen short," although he stressed that he did not regret his Trump support.
The America First Action super PAC and its sister nonprofit America First Policies are looking to raise $100 million in their efforts to back Trump's administration and keep Congress under Republican control.
If Thiel cuts the group a check, he would join a growing list of high-profile donors to America First.
In June, the PAC received a second $2 million check from real estate tycoon Geoffrey Palmer. The PAC has also received the backing of Hawaii Gardens Casino President Cherna Moskowitz, oil tycoon Harold Hamm, and Steve Wynn, former CEO of Wynn Resorts.
Wynn gave his $500,000 contribution in January, just days before the first reports of his alleged sexual harassment were published, according to first-quarter financial data. CNBC first reported that the PAC refused to give back the donation even after his alleged victims came forward.