Business > U.S.

After Saudi Oil Attack, Trump Pledges Help for Middle East Allies

10 monthes ago   |   By Fortune

President Donald Trump promised to help allies following attacks on major Saudi Arabian oil facilities, even though he said the U.S. is no longer directly reliant on Middle Eastern oil and gas and has few tankers there.
“We are a net Energy Exporter,” Trump tweeted Monday morning. “We don't need Middle Eastern Oil & Gas, & in fact have very few tankers there, but will help our Allies!”
Brent oil posted its biggest ever intraday jump Monday to more than $71 a barrel. It pared some gains, though both Brent and West Texas crude were still trading about 10% higher as news of the devastating...
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Trump suggests Iran responsible for Saudi oil attack

Trump suggests Iran responsible for Saudi oil attack

10 monthes ago   |   By Politico

President Donald Trump on Monday hinted at potential new evidence that could prove Iran was behind a series of drone attacks in Saudia Arabia that struck the heart of its oil production, pointing to prior controversies that he said cast doubt on Iran's denials. “Remember when Iran shot down a drone, saying knowingly that it was in their 'airspace' when, in fact, it was nowhere close,” he asked in a tweet, referring to Iran's downing of an unmanned U.S. aircraft three months ago. “They stuck strongly to that story knowing that it was a very big lie. Now they say that they had nothing to do...
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Houthi Forces in Yemen Warn of More Attacks on Saudi Oil Systems

Houthi Forces in Yemen Warn of More Attacks on Saudi Oil Systems

10 monthes ago   |   By NY Times

American officials have blamed Iran for the attacks on Saturday that slashed Saudi production, but the Houthi faction, allied with Iran, claimed responsibility.
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Trump officials claim that satellite imagery and the direction of the Saudi oil field attack prove that Iran was to blame

10 monthes ago   |   By Business Insider

US officials have revealed evidence that they claim indicates likely Iranian responsibility for Saturday's attack on two major oil fields in eastern Saudi Arabia.
President Donald Trump on Sunday said that the US is "locked and loaded" in response to the attack, though he declined to name Iran as the culprit.
US secretary of state Mike Pompeo blamed Iran for the attack on Saturday, despite Houthi rebels in Yemen claiming responsibility.
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Trump administration officials have claimed that intelligence assessments indicate that Iran was...
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Facing criticism over handling of arrests during unrest, State's Attorney...

Facing criticism over handling of arrests during unrest, State's Attorney Kim Foxx defends dropping cases

CHICAGO - Cook County State's Attorney Kim Foxx faced criticism from downtown business owners, the police superintendent and her political rivals Monday over her approach to... Read more ...

McDonald's files lawsuit against former CEO alleging he had multiple sexual...

McDonald's files lawsuit against former CEO alleging he had multiple sexual relationships with employees and lied to investigators

McDonald's is filing a lawsuit against former CEO Steve Easterbrook. On Monday, the fast-food giant filed litigation against Easterbrook, alleging that the former CEO destroyed... Read more ...

A California judge ruled that Uber and Lyft have to classify their drivers...

A California judge ruled that Uber and Lyft have to classify their drivers as employees, not contractors

Uber and Lyft will have to treat their California drivers as employees rather than independent contractors, a judge ruled Monday. The two companies were sued by the California... Read more ...

Aquarium Is Washing Old Wishes To Pay Bills During Pandemic

Aquarium Is Washing Old Wishes To Pay Bills During Pandemic

No coin shortage here: While it's closed for the pandemic, the North Carolina Aquarium at Pine Knoll Shores has drained a 30-foot waterfall and cleaned off 100 gallons of... Read more ...

New York's MTA wants safer COVID-19 iPhone unlocking, and so should you

New York's MTA wants safer COVID-19 iPhone unlocking, and so should you

A prominent public transportation system has asked Apple to improve the iPhone's face-based unlocking system for public use. Here's how that should happen. Read more ...

Inside McDonald's year of scandals and its race to fix its reputation as the...

Inside McDonald's year of scandals and its race to fix its reputation as the fast-food giant sues its ex-CEO over alleged sexual relationships with employees

McDonald's filed a new lawsuit alleging that former CEO Steve Easterbrook had sexual relationships with three coworkers and destroyed evidence of these... Read more ...

McDonald's former CEO was just named in a lawsuit after investigation finds...

McDonald's former CEO was just named in a lawsuit after investigation finds he had sexual relationships with employees. Here are 18 major changes he made during his 4 years at the helm of the fast-food giant

McDonald's filed a lawsuit on Monday accusing former CEO Steve Easterbrook of lying about sexual relationships with multiple coworkers during his last year at the company. The... Read more ...

Sports-betting stocks slump amid growing concerns that college football will...

Sports-betting stocks slump amid growing concerns that college football will be cancelled entirely

Sports-betting stocks slumped on Monday amid growing concerns that college football will be cancelled entirely this fall due to the coronavirus pandemic. The MAC on Saturday... Read more ...

Hong Kong media tycoon Jimmy Lai predicted that he would be arrested under...

Hong Kong media tycoon Jimmy Lai predicted that he would be arrested under China's new national security law, but said he would still stay and fight

Jimmy Lai, one of Hong Kong's most prominent pro-democracy voices, arrested under China's new national security law on Monday. Lai, who partly owns the publisher of the... Read more ...

Putin congratulates Lukashenko on winning presidential vote in Belarus

Putin congratulates Lukashenko on winning presidential vote in Belarus

Vladimir Putin has congratulated his Belarusian counterpart Alexander Lukashenko on retaining his job following Sunday's election, expressing hope that he will continue to... Read more ...