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
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
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Foxconn Chairman Terry Gou said on Friday he will hand over the running of the world's largest electronics contract manufacturer to a new operations committee as he prepares to contest Taiwan's presidential elections next year.
The 68-year-old Foxconn founder was speaking at the company's annual general meeting in Taipei, where a few hundred shareholders and supporters had braved the heat to watch a live broadcast on big screens.
The Apple Inc supplier, whose full name is Hon Hai Precision Industry Co Ltd, unveiled a leadership overhaul last week that will see more executives involved in its daily operations.
Gou, who announced his presidential bid in April, told Reuters that he planned to step down from Foxconn to pave the way for younger talent to move up the ranks.
A new chairman is expected to be elected at a board meeting later on Friday morning. Foxconn is poised to nominate chip unit boss Liu Young to succeed Gou, two sources with direct knowledge of the matter told Reuters in May.
Gou, who founded Foxconn 45 years ago, is Taiwan's richest person with a net worth of $7.6 billion, according to Forbes.