Saudi Arabia has shut down half of its oil production after drones attacked the world's largest oil processing facility in the kingdom.Marketsread more
Yemen's Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.Politicsread 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
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
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
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trailers have become a cult phenomenon. Even short teasers that reveal little about the plot of the upcoming film are headline-worthy. Blogs and forums have become devoted...Entertainmentread more
Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments.Technologyread more
Software company Intuit, maker of tax helper TurboTax, is in its eleventh year of stock gains and up 36% this year.Investingread more
CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.Marketsread more
Check out the companies making headlines before the bell:
AT&T – Elliott Management revealed a $3.2 billion stake in AT&T and sent a letter to the company's board detailing a plan to improve AT&T's operations and stock price. Elliott said its plan could lead to a share value of $60 or more by the end of 2021.
Amazon.com – Amazon is holding an "Amazon Career Day" in six cities on September 17, in an effort to fill more than 30,000 jobs by early next year. The positions are all full time with benefits, and are unrelated to the usual yearly increase in holiday season hiring.
E*Trade – The online brokerage's stock was downgraded to "market perform" from "outperform" at Keefe, Bruyette, & Woods, based on the firm's expectations for the federal funds rate and treasury yields.
Chipotle Mexican Grill – Wedbush upgraded the restaurant operator's stock to "outperform" from "neutral," and raised the price target by $200 to $980 per share. Wedbush thinks Chipotle is in position to establish a "digital moat" as the industry transitions to a larger mix of digital transactions.
Energizer Holdings – Bank of America/Merrill Lynch gave the shares a double upgrade, to "buy" from "underperform," saying negative factors that it had previously highlighted were in the rear view mirror and that major risks are now known.
Royal Caribbean – Royal Caribbean declared a quarterly dividend of 78 cents per share, an 11% increase from the prior payout. The cruise line operator said the move reflected the company's continuing efforts to increase shareholder returns. The stock is down almost 13% over the past 12 months although it has gained about 11% in 2019.
Eli Lilly – Lilly said its experimental lung cancer drug LOXO-292 shrank tumors in almost 70% of advanced lung cancer patients. The drug was acquired earlier this year when Lilly bought Loxo Oncology for $8 billion.
PG&E – The utility was offered $2.5 billion by the city of San Francisco for its electrical lines serving the city. PG&E is trying to work its way out of bankruptcy, as it faces billions in liabilities for its role in a series of deadly California wildfires.
Boeing – Boeing suspended load testing for its new 777X aircraft, saying its team "encountered an issue." Boeing did not specify the problem, but media reports said a cargo door failed a ground stress test. The load testing places stress on jets that are well above normal conditions.
HP Inc. – HP Inc. was downgraded to "market perform" from "outperform" at Bernstein, which said the computer and printer maker may face greater structural headwinds from the shift to digital communications.
Las Vegas Sands – The casino operator was upgraded to "buy" from "hold" at Deutsche Bank, which said bearish sentiment regarding the Macau gaming market has created an attractive entry point for medium to longer term investors.