Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.Energyread 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
OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy protection on Sunday.Health and Scienceread more
Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's...Futures & Commoditiesread more
U.S. stock futures sank amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
The recommendations include changing corporate reporting structures, creating a new safety group, and changing the cockpits of future planes to accommodate new pilots with...Aerospace & Defenseread more
The state would become the second in the country, behind Michigan, to ban the sale of fruit flavored e-cigarettes, which are popular with teenagers.Health and Scienceread more
President Donald Trump sought to play down an explosive opinion piece published in the New York Times this week, saying it appeared to be written by a "fairly low-level" individual.
Speaking to Fox, in an interview published Friday, he said that the White House was running like a well-oiled machine and criticized the anonymity of the NYT piece.
"So they take one person out of thousands," Trump said, before adding: "But what's unfair, I don't mind when they write a book and they make lies because it gets discredited."
"I'll tell you, when somebody writes and you can't discredit because you have no idea who they are ... it is a very unfair thing," he said.
In the op-ed published in the NYT, a writer identified only as a "senior official" in Trump's administration wrote that "many Trump appointees" were working to impede the president's agenda in order to "preserve our democratic institutions."
The paper said it took the unusual step of publishing the opinion piece under an agreement to keep the author's name a secret. It said the Trump official's job would have been jeopardized by its disclosure.
The article set off a wave of intense speculation about the author's identity, with Trump administration officials from across the federal government racing to issue denials and condemn the newspaper for publishing the piece.
Trump described the op-ed as a "gutless editorial" and later tweeted he believed it may have been treasonous.
The NYT piece appeared days after the publication of excerpts from a new book by Watergate reporter Bob Woodward. The excerpts accuse Trump of being prone to making impulsive decisions and describes senior aides as taking dramatic measures to limit what they perceive to be damaging behavior.
In a statement released on Tuesday, White House Press Secretary said Woodward's book was "nothing more than fabricated stories."