President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
The future of Google News in Europe could be uncertain if European Union plans for a "link tax" for using news stories go ahead.
The so-called link tax is part of proposed European legislation that grants publishers copyright over content that is shared online via Facebook or YouTube and applies to sites that aggregate articles such as Google News. If the legislation goes ahead, Google would have to compensate publishers when articles appear in search results on its news pages.
But Google's Vice President of News Richard Gingras told the Guardian that the company is very concerned about the possible payment rule and would not rule out shutting down Google News in EU countries if the legislation goes ahead in its current form.
In Spain, Google closed its news service in 2014 because of a similar requirement for it to pay royalties to Spanish publishers. "We would not like to see that happen in Europe," Gingras told the Guardian. "Right now, what we want to do is work with stakeholders." However, as Spain is a much smaller jurisdiction than the EU as a whole, there are doubts about whether Google would take such action.
Article 11 of the legislation, part of the EU Copyright Directive, means that publishers — such as news sites that are currently losing advertising dollars to online platforms — could effectively charge Google News and others for their content. On the flipside, publishers rely on Google to provide traffic to their websites.
Article 13 of the proposed law would require sites such as YouTube to buy licenses for content such as music videos. Members of the European Parliament (MEPs) backed the proposals in September but Google is lobbying against it.
Gingras told the Guardian that it won't make a decision on the future of Google News until it sees the final language of the legislation and added that its news site does not generate revenue for the company.
It is thought that Axel Voss, the MEP overseeing the legislation, is continuing discussions before talks take place with individual EU member states.
A spokesperson for Google was not immediately available for comment when contacted by CNBC.