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
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread 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
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread 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
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
"Our report on the fact that J&J was aware of small amounts of asbestos in its talc, in its baby power, in the ore that it mined in Vermont to make baby power, is based entirely on their documents," Girion told CNBC's "Power Lunch" on Friday.
The Reuters story sent J&J shares down 9 percent on Friday and prompted a response from the health-care company that called the article "one-sided, false and inflammatory."
"Simply put, the Reuters story is an absurd conspiracy theory, in that it apparently has spanned over 40 years, orchestrated among generations of global regulators, the world's foremost scientists and universities, leading independent labs, and J&J employees themselves," the company said in a statement.
In addition to the internal J&J documents from 1971 to the early 2000s, Reuters also reviewed depositions and trial testimony.
"We see that historically in the '70s, '80s, that era, there were company memos and reports where they're talking about asbestos, fretting about it, what to do about it, how to detect it, how to get rid of it," Girion said.
"During that era they certainly were talking about it. Today, their position is that nothing in those reports is actually asbestos that got into baby powder," she added.
There is also "no evidence" that they are currently selling any products with asbestos in it, Girion pointed out. On Friday, J&J said its baby powder is "safe and asbestos-free."
Johnson & Johnson has been hit with a wave of lawsuits alleging the company's talc baby powder contained asbestos and caused cancers. The results have been split, with some juries siding with J&J and others unable to reach verdicts. In July, a Missouri jury ordered J&J to pay $4.69 billion in a case involving 22 women and their families. J&J has vowed to appeal the verdict.
— CNBC's Angelica LaVito contributed to this report.