An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
Brent crude surged by as much as 19.5% to reach $71.95 per barrel on Monday, the biggest intra-day jump since the Gulf War in 1991.Oilread more
The strike, depending on its length, could easily cost GM hundreds of millions of dollars. The last time the union declared a strike at GM was in 2007.Autosread more
Saudi Aramco has 35-40 days of supply to meet contractual obligations, a source close to the matter told CNBC.Energyread 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
OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy protection on Sunday.Health and Scienceread more
Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's...Futures & Commoditiesread more
U.S. stock futures sank amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
The recommendations include changing corporate reporting structures, creating a new safety group, and changing the cockpits of future planes to accommodate new pilots with...Aerospace & Defenseread more
The state would become the second in the country, behind Michigan, to ban the sale of fruit flavored e-cigarettes, which are popular with teenagers.Health and Scienceread more
Sen. Elizabeth Warren and New York Mayor Bill de Blasio said at the first Democratic primary debate Wednesday night that they would favor eliminating private insurance.
Warren and de Blasio were the only two among the 10 Democratic hopefuls on stage to raise their hands when asked if they favored abolishing private insurance.
The rising cost of insurance premiums, Warren said, makes it more difficult for families and children to get health care. "Medicare for all solves that problem," she said.
Warren said she aligned with Vermont Sen. Bernie Sanders, a self-described democratic socialist, on government-run health care that replaces private health insurance.
"I'm with Bernie on Medicare for All," Warren said.
The issue over health insurance marked the first stark divide among the candidates, and sparked a heated back-and-forth between many of the candidates on stage.
"I think this is potentially the most important point so far," said Lynn Vavreck, an American politics professor at UCLA. "There is some disagreement here on what was asked of them, but I think this will generate a lot of coverage which will be good for Warren."
In a statement following the debate, the Trump campaign claimed the Democratic candidates "want to throw 200 million people off their current private healthcare plans, put them into a government-run system that would eliminate choice, and crush innocent Americans with an enormous tax burden to pay for it." The Republican National Committee called eliminating private health insurance a "radical" proposal.
Other Democrats said they would maintain private insurance, while staking out their own health care agendas, including adding a public option and lowering prescription drug costs.
Former Maryland Rep. John Delaney scored a round of applause when he called for health care reforms that "keeps what's working and fixes what's broken."
Minnesota Sen. Amy Klobuchar slammed President Donald Trump for failing to deliver on his promise to lower drug prices, and for permitting what she called "giveaways" to pharmaceutical companies.
"For the rest of America, that's what we call at home, 'all foam and no beer,'" Klobuchar said.
The Trump administration has railed against Medicare for all as an expensive and inefficient boondoggle that would shrink gross domestic product and household incomes.