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
Amazon's market cap soared past $1 trillion Tuesday, bringing Bezos' net worth to more than $168 billion. His gain on Tuesday alone is around $1.8 billion based on the stock he holds.
If Bezos doesn't sell more shares — which is unlikely since he's been selling small amounts to fund his space venture — Amazon stock would need to go above $12,600 for him to become a trillionaire. That may seem implausible or far-fetched, but a year ago, so was the idea of a $1 trillion Amazon.
Amazon shares closed up 1.3 percent Tuesday, at $2,039.51. Earlier in the day, shares of the e-commerce giant rose 2 percent to a high of $2,050.50. A stock price of $2,050.27 was needed to hit the $1 trillion mark, based on an outstanding share count of 487.7 million.
Bezos is already the richest man in the world, now well above his closest competitor, Bill Gates, with a mere $98 billion. But the pace of Bezos' gain is unprecedented. His wealth gain this year alone of $68 billion would make him the third richest American, passing both Mark Zuckerberg and Larry Ellison.
Bezos first became the world's richest man in July 2017, when his wealth topped $90 billion. He has since gone on to become the richest man in modern times — passing Bill Gates' record set back in 1999.