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:
Morgan Stanley – Morgan Stanley is buying Canada-based employee stock plan manager Solium Capital for $900 million in cash. The deal is Morgan Stanley's largest since the financial crisis.
Restaurant Brands International – The parent of Tim Hortons, Popeyes, and Burger King reported adjusted quarterly profit of 68 cents per share, a penny a share above estimates. Revenue topped forecasts and comparable-store sales were better than expected, led by strength at Tim Hortons and Burger King.
Tesla – Tesla has cut 150 of 230 workers at a Las Vegas facility that delivers vehicles to North American customers, according to a Reuters report. Worker quoted in the report say it's a sign that the company expects the pace of deliveries to slow significantly.
Walmart — A federal judge dismissed a lawsuit accusing Walmart and six other retailers of extortion. The retailers had been sued by three plaintiffs accused of shoplifting, who maintained that there was a conspiracy to force accused shoplifters to pay up front or in installment to avoid prosecution.
Lockheed Martin – The defense contractor and others were sued by the government for alleged false claims and kickbacks. The case involves a multibillion-dollar contract to clean up a nuclear site. Lockheed denies the allegation and said it would defend the matter vigorously.
Apple – Apple saw a 19.9 percent drop in smartphone shipments in China during the fourth quarter, according to a report in the South China Morning Post.
Avis Budget – The car rental firm's stock was upgraded to "buy from "sell" at Goldman Sachs in a valuation call, with the price target increased to $35 per share from $30. Goldman feels headwinds facing the industry are already priced in, and that between Avis and publicly traded rival Hertz Global, Avis is the better operator.
Bed Bath & Beyond – The stock was downgraded to "sell" from "hold" at Loop Capital Markets, which said it does not expect the housewares retailer to achieve its current full year guidance.
Nvidia – Bernstein downgraded the chipmaker's stock to "market perform" from "outperform," noting the company's recent cut in earnings guidance and a view that the shares have little opportunity to beat out its peers.