Attacks on Saudi facilities threaten spare oil capacity, price hikes
Saturday’s attacks on key Saudi Arabia processing plants will test the world’s ability to handle a supply crisis as it faces the temporary loss of more than 5% of global supply from the world’s biggest crude exporter.
Global spare oil capacity in U.S. hands after Saudi outage
An attack on Saudi oil facilities on Saturday is believed to have disrupted half the country’s production capacity, making the United States the only real holder of the global supply cushion via its ability to raise own output or to soften sanctions ag…
Companies ask judge in U.S. opioid trial to recuse himself
Major drug wholesalers and retailers facing a massive lawsuit for allegedly fostering the nation’s opioid crisis asked the judge hearing the case to recuse himself on Saturday.
BMW engine development expert Duesmann set to become Audi chief in April: report
BMW’s engine development and purchasing expert, Markus Duesmann, is set to become the CEO of Volkswagen’s Audi premium brand, after BMW dropped its opposition to his early departure, a German newspaper reported on Saturday.
House panel wants Boeing CEO to allow employee interviews on 737 MAX crashes
(In September 12 story, corrects name of European Union Aviation Safety Agency from European Aviation and Space Agency in paragraph 10)
Overshadowed by U.S. corruption probe, UAW, GM near contract deadline
A federal corruption probe of top union officials stirred growing uncertainty about collective bargaining talks on Saturday, as the current labor contract between the United Auto Workers (UAW) and General Motors Co was set to expire at the stroke of m…
Apple has sour reaction to Goldman Sachs’ analyst note
Apple Inc struck out at a Goldman Sachs Group Inc analyst on Friday in a relatively rare public dust-up between a blue chip Wall Street firm and its client.
Disney CEO Bob Iger resigns from Apple board as TV battle looms
Apple Inc said on Friday that Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10 as the two companies prepare to compete head-to-head in the streaming television business.
Disney CEO Bob Iger resigns from Apple board
Apple Inc said on Friday Walt Disney Co Chief Executive Officer Bob Iger had resigned from the company’s board of directors on Sept. 10.
Citigroup stands by card strategy despite economic clouds
Some Wall Street analysts have begun to question whether Citigroup Inc’s big bet on credit cards will backfire if the U.S. economy enters a recession, despite the bank saying it is underwriting responsibly.
