Saudi Arabia shut down its crucial East-West crude oil pipeline as a precautionary measure after multiple attacks, the kingdom’s Energy Ministry said Friday in a statement. The pipeline was targeted in the Riyadh and Madinah regions on Thursday morning, the ministry said. Multiple people were injured in the attacks, it said. Emergency teams were deployed…
People shop at a Manhattan grocery store on August 13, 2026, in New York City. Spencer Platt | Getty Images The largest ever outbreak of cyclosporiasis in the U.S. has ended, the Centers for Disease Control and Prevention said Friday. The foodborne illness sickened 12,833 people in 21 states in recent months in the largest…
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial Kentucky Truck Plant. The facility, which Ford has called its most important and profitable plant globally, produces the automaker’s large…
Stocks moved lower since our last CNBC Investing Club Monthly Meeting as renewed inflation concerns, sparked by rising oil prices, sent Treasury yields higher — a toxic mix for the market. In early Thursday trading, it was much of the same, with Iran war uncertainty pushing U.S. oil prices above $100 per barrel, joining international…
MELBOURNE, Australia — The NFL is making history this week with its first-ever regular-season game in Australia, but Commissioner Roger Goodell is already thinking well into the future. “Whether it’s media, or whether it’s labor, or whether it’s our international plans or what we’re doing with stadiums, all of that [requires] taking a 5-, 10-,…
Macy’s on Thursday posted growth across the company in its second fiscal quarter and raised its guidance as it continues its turnaround. The retailer said overall comparable sales rose 2.7% for the quarter, with comparable sales for its namesake brand up 1.1%. The company said that growth was largely driven by its so-called reimagined stores,…
“Spider-Man: Brand New Day” and “The Odyssey.” Sony (L) | Universal (R) Hollywood has a new summer record. The domestic box office tallied $4.76 billion in ticket sales during the period between May 1 and Sept. 7, the highest haul in cinematic history. The key moviegoing season, which starts the first weekend in May and…
Defense tech startup Covenant on Wednesday announced the opening of a 105,000-square-foot factory in Dallas to accelerate lower-cost missile manufacturing for the U.S. military. The startup, which is coming out of stealth and is backed by Andreessen Horowitz, Peter Thiel‘s Founders Fund, Lux, 8VC, Aleph and Lightspeed, also announced $250 million in funding over three…
U.S. President Donald Trump and CEO of Ford Jim Farley clap, as President Trump visits a Ford production center, in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters The Trump administration expressed “profound concern” Tuesday about Ford Motor‘s ties to Chinese companies that it believes could be detrimental to the Detroit carmaker and…
Bryson DeChambeau of Crushers GC during day four of LIV Golf Virginia at Trump National Golf Club on May 10, 2026 in Sterling, Virginia. Tasos Katopodis | Getty Images LIV Golf has filed for bankruptcy protection after the Saudi-backed league recently faced a funding cliff and was searching for new investors. This is breaking news….
