Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread 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
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread 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
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
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
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Check out the companies making headlines before the bell:
JD.com – JD.com is launching an extensive revamp of its operations, according to The Wall Street Journal. The paper said the Chinese internet company is planning to split its primary unit – JD Mall — into three business departments, citing an internal document.
JPMorgan Chase – JPMorgan will pay $135 million to settle claims that it improperly handled transactions involving foreign company shares. The alleged mishandling of American Depositary Receipts (ADRs) occurred between 2011 and early 2015, according to the Securities and Exchange Commission.
Visa – The payments network operator will pay $250.6 million to buy British payments firm Earthport, which specializes in international transactions for banks and businesses.
CBS – Loop Capital reiterated a "buy" recommendation on CBS shares, saying the company has the most favorable risk/reward profile of the media companies it covers. Loop said uncertainty regarding a new CEO, the network's NFL contract, and a potential Viacom merger has driven the stock's price down to an "extraordinarily attractive level."
Nvidia – RBC Capital lowered its price target on the graphics chip maker's stock to $200 per share from $230, noting that average selling prices have coming down in secondary markets. RBC still rates the stock "outperform," however.
Plantronics – Plantronics will pay $36 million to settle foreign bribery allegations involving its Polycom unit. The alleged violations occurred prior to the acquisition of Polycom by the communications products maker earlier this year, and before a transaction that took Polycom private two years ago.
Boston Scientific – The medical device maker exercised its option to purchase the remaining shares of heart surgery device maker Millipede. It had originally made a $90 million investment in Millipede in January, with an option to buy the remaining shares for $325 million.