Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread 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
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
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
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
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
Check out the companies making headlines before the bell:
RH – RH reported adjusted quarterly profit of $3.20 per share, well above the consensus estimate of $2.70 a share. The company formerly known as Restoration Hardware also saw revenue beat estimates, with the home furnishings retailer also raising earnings guidance for the third time this year.
Dave & Buster's Entertainment – Dave & Buster's beat estimates by 6 cents a share, with quarterly profit of 90 cents per share. Revenue came in slightly above Wall Street forecasts, however the operator of entertainment-oriented restaurants lowered its full-year guidance, citing a "competitive environment."
GameStop – Game Stop lost an adjusted 32 cents per share for its second quarter, wider than the 21 cents a share loss that Wall Street analysts were expecting. The videogame retailer's revenue was short of forecasts, as well, with comparable-store sales falling nearly 12%. GameStop also cut its sales forecast.
General Electric — GE is seeking to raise up to $3 billion by selling shares of oilfield services company Baker Hughes and reducing its stake to a minority level. GE had a 50.4% stake in Baker Hughes as of June 30.
Philip Morris – Philip Morris increased its quarterly dividend by 3 cents a share to $1.14 per share, an increase of 2.6% for shareholders of the tobacco producer.
Costco – Costco was downgraded to "perform" from "outperform" at Oppenheimer, following a 45% year-to-date gain for the warehouse retailer's stock. Oppenheimer said it sees less upside for the shares given its premium valuation, although it remains upbeat on Costco's long-term prospects.
Micron Technology – The chipmaker's stock was upgraded to "buy" from "neutral" at Longbow Research, which points to improving pricing fundamentals in the memory and flash storage chip market.
ADP – Bank of America/Merrill Lynch downgraded the provider of business outsourcing solutions to "neutral" from "buy," noting the stock's outperformance and saying positive fundamentals are now largely priced in. The analyst report also notes the exit of activist investor Pershing Square from its position in ADP.
Tilray – The cannabis producer filed for a mixed shelf offering that includes up to $400 million of common stock.