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
"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
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
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gummy bears, an AP...Health and Scienceread more
Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's "Closing Bell" Monday.Marketsread more
J.P. Morgan's chief quant says oil prices would start to hurt stock prices when they hit the $80 to $85 range.Market Insiderread more
E-cigarette maker Juul Labs is considering opening U.S. retail shops that would admit only adults, a person familiar with the situation told CNBC on Thursday.
Should Juul go through with the plans, it will first open store doors in Texas, the person said, cautioning that no formal decision has yet been made.
Juul also plans to open a store in South Korea, the person said.
The potential plans would give Juul more control over distribution of its products, as regulators have increased their scrutiny of underage sales. Regulators have blamed a teen vaping "epidemic" on Juul. Opening its own stores could allow Juul to monitor sales closely and test technology that could prevent minors from buying its products.
The potential U.S. store would not sell fruity flavored e-cigarettes, the person said. Instead, it will sell only tobacco, mint and menthol flavors. Juul, which introduced its vapes and fruity nicotine pods in 2015, has been criticized by outgoing Food and Drug Administration Commissioner Scott Gottlieb for offering products that he says cater to younger users.
The FDA in March proposed restricting where fruity flavors can be sold, limiting them to age-restricted stores such as vape shops.
Walmart said earlier this month it plans to stop selling fruit- and dessert-flavored e-cigarettes altogether as part of a plan to prevent minors from buying tobacco. It will also increase the minimum age to buy tobacco products to 21 starting July 1.
Juul has over the past year tried to overhaul its image and demonstrate it is a health-focused company that wants to "improve the lives of the world's one billion adult smokers by eliminating cigarettes," as its website claims.
The person requested anonymity because the information is confidential. Juul declined to comment. The Wall Street Journal reported Juul's retail plans earlier Thursday.