Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread 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
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...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
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
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
Check out the companies making headlines before the bell:
Berkshire Hathaway – Berkshire Chairman and CEO Warren Buffett told CNBC there is no truth to reports of tensions with 3G Capital, its ownership partner at Kraft Heinz. The reports were centered around the underperformance and accounting problems at the food producer.
Allergan – AbbVie announced a deal to buy its rival drugmaker for $63 billion, excluding assumed debt, or $188.24 per share in cash and stock. That represents a 45% premium over Allergan's Monday closing price. When debt is included, the deal is worth $83 billion.
Lennar – The home builder earned $1.30 per share for its second quarter, beating the consensus estimate of $1.14 a share. Revenue also came in above forecasts, although new orders were up just 1% from a year ago, while deliveries were up by 5%.
FactSet – The financial information provider reported adjusted quarterly profit of $2.62 per share, 25 cents a share above estimate. Revenue was also above forecasts. FactSet gave a full-year earnings forecast above current consensus, and also announced an increase of $210 million in its existing share repurchase program.
FedEx – FedEx sued the U.S. government over the White House ban on exports to certain Chinese companies, saying it was not reasonable to be expected to police the contents of millions of packages that it ships each day.
GrubHub – GrubHub was upgraded to "buy/high risk" from "neutral" at Citi, which is upbeat on the restaurant delivery service's growth trends and thinks it may be in early testing stages with large chains like McDonald's and Starbucks. Separately, the New York Post reports that GrubHub repaid an unnamed New York City restaurant more than $10,000 after a complaint about allegedly invalid fees.
MetLife – MetLife is in advanced talks to sell its Hong Kong insurance unit to insurer FWD Group, according to a Bloomberg report. The value of the unit is said to be less than $400 million.
Alphabet – A number of rivals are gearing up to help U.S. officials with an antitrust probe of the Google parent, according to The Wall Street Journal. Among them: TripAdvisor and Yelp, which have accused Google of favoring its own content in search results.