Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
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
The company said Jennifer Newstead, the legal adviser to the U.S. State Department, is joining the company as its general counsel, replacing Colin Stretch, who said last year that he would be departing. Facebook also named John Pinette as vice president of global communications, succeeding Caryn Marooney, who announced her plans to leave in February.
Newstead, who was confirmed by the Senate in December 2017, is a government veteran, having previously worked at the Office of Management and Budget, the Department of Justice and as an associate White House counsel. Secretary of State Mike Pompeo thanked Newstead for her service in a statement, without addressing where she was going.
"Jennifer Newstead is an exceptional lawyer who has served the American people, our State Department team, and the Trump Administration faithfully as our Legal Adviser," Pompeo wrote. "Her expertise and sharp judgment on an array of critical foreign policy issues will be greatly missed."
Newstead brings some controversy with her. As part of the George W. Bush administration in the aftermath of the Sept. 11 terrorist attacks, Newstead helped draft the Patriot Act, which granted law enforcement agencies greater surveillance power over ordinary Americans.
Pinette most recently worked as vice president of marketing and communications at Vulcan, the business and philanthropic group started by Microsoft co-founder Paul Allen. Before that, he led communications for Bill Gates' private office and also worked at Google.
Facebook has seen an exodus of top talent since the company became embroiled in controversy following the 2016 presidential election, when the platform was manipulated by foreign actors and flooded with fake news. The company is now trying to regain the trust of users, lawmakers and even advertisers, and CEO Mark Zuckerberg has laid out his plans for a "privacy-focused" future.