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
Republicans will hold their Senate majority, giving a critical boost to President Donald Trump and the GOP's agenda, NBC News projects.
Running on a highly favorable map, Republicans managed not only to stop Democrats from netting two GOP-held seats the minority party needed to win control of the chamber, but also appeared set to gain seats. The Democrats had faced a difficult task of defending 10 seats in states Trump won in 2016, including five he carried easily.
In the House, however, Democrats were projected to win a majority, according to NBC News. Divided control of Congress is expected.
Despite his party's expected loss of House control, Trump tweeted late Tuesday touting what he called "tremendous success" in the elections. He added: "Thank you to all!"
The outcome apparently secures two more years of GOP Senate control, during which Republicans will try to keep up their torrid pace of confirming young, conservative judges for potential decades on federal benches. Republicans could also continue their pursuit of key policy priorities such as the repeal and replacement of the Affordable Care Act and further changes to the U.S. tax code.
Republican Mike Braun is projected to defeat Democratic Sen. Joe Donnelly in Indiana, while Republican Rep. Kevin Cramer is expected to unseat Democratic Sen. Heidi Heitkamp in North Dakota and Republican Josh Hawley is projected to defeat Democratic Sen. Claire McCaskill in Missouri, according to NBC News.
As of early Wednesday morning, the only Democrat set to unseat a Republican incumbent was Rep. Jacky Rosen, who was projected to defeat GOP Sen. Dean Heller.
Meanwhile, the GOP is projected to hold two of its vulnerable Senate seats, according to NBC. Republican Sen. Ted Cruz was set to win re-election, while GOP Rep. Marsha Blackburn was expected to prevail in the Tennessee race to fill retiring GOP Sen. Bob Corker's seat.
Despite Democratic enthusiasm, dynamics in individual states heavily favored the GOP. Republicans further got a boost when the fight over Supreme Court Justice Brett Kavanaugh's confirmation appeared to boost enthusiasm among Republicans.
Many Senate candidates in red-leaning states also followed Trump's lead in the election's final stretch by stoking fears about immigrants.
It sets up another heated battle for Senate control in 2020, a year when Trump will face re-election. In that year, Republicans will have to defend more seats than Democrats.