An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Shares of defense companies rose on Monday after the United States military was put on alert by President Donald Trump.Marketsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.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
An attack on Saudi Aramco's key oil facility raises questions about whether the schedule for the company's initial public stock offering will go ahead as planned.Energyread more
President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's oil facilities caused the largest...Oilread more
Perry says it's too soon to say whether the U.S. will need to use its emergency crude reserves to offset the surge in oil prices.Oilread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to analyst Ming-Chi Kuo.Technologyread more
The Times updated an article detailing a previously unreported accusation against Supreme Court Justice Kavanaugh from when he was a Yale University student, noting that "the...Politicsread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
Altria investors don't seem to like the prospects for the cigarette maker under the new acting FDA commissioner.
The company's stock fell as much as 1.6 percent after National Cancer Institute Director Ned Sharpless was named interim head of the agency. Altria shares later closed down 0.46 percent.
Sharpless' naming comes after Scott Gottlieb resigned last week from his post as FDA commissioner. Gottlieb called the use of e-cigarettes an "epidemic." He also threatened to pull all e-cigarette products if things did not improve.
Gottlieb's resignation was initially seen as a positive for the tobacco industry, especially for e-cigarette makers like Juul. Gottlieb successfully pushed Juul — a company in which Altria has a $12.8 billion stake in — to stop selling most of its nicotine flavors.
However, his departure opened the possibility for someone tougher on the industry to take the reigns.