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Oil surges after attack on Saudi oil facilities shuts in 5% of global supply

But prices came off their peaks after U.S. President Donald Trump authorized the use of the country’s emergency stockpile to ensure stable supply. Brent crude futures, the international benchmark, rose by as much as 19.5% to $71.95 per barrel,...
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OxyContin maker Purdue Pharma files for bankruptcy protection

OxyContin maker Purdue Pharma filed for Chapter 11 bankruptcy protection on Sunday, collapsing under the weight of thousands of lawsuits from states and individuals seeking damages stemming from the opioid crisis. Purdue’s board approved the much-anticipated bankruptcy filing, days...
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Universe might be billions of years younger than previous calculations

The universe may have been lying about its age. A new study suggests that the universe is a couple billion years younger than previous estimates. “We have large uncertainty for how the stars are moving in...
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Warren slams Bezos over Amazon’s decision to cut medical benefits for part-time Whole Foods workers

Amazon is once again in Sen. Elizabeth Warren’s crosshairs, this time for its decision to cut medical benefits for part-time employees at Whole Foods, the company’s grocery chain. Warren tweeted her criticism of Amazon CEO Jeff Bezos and said...
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Moviepass Is Shutting Down

On this Friday the 13, we say RIP to MoviePass! The moviegoing subscription may have looked like dead service walking for some time now, but it’s about to be official. As of tomorrow, Sept. 14 at 8 a.m., Moviepass will cease to...
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UAW says no GM contract extension, union leaders to meet Sunday

The United Auto Workers (UAW) said late on Saturday it would not extend its contract with General Motors Co (GM.N) and would decide on a course of action at a meeting of union leaders in Detroit Sunday morning that could result in...
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Congress wants Facebook, Google, Apple, and Amazon emails as probe heats up

The long summer recess for Congress is at last well and truly over. The House Judiciary Committee has ramped up for the fall season, issuing demands for huge piles of documentation from Apple, Amazon, Facebook, and Google as its antitrust probe into...
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Disney CEO Bob Iger resigns from Apple board as companies come into conflict on streaming

Disney CEO Bob Iger has resigned from Apple’s board of directors, Apple said in an SEC filing on Friday. Apple and Disney stock were unchanged on the news. Disney is launching streaming video service Disney+ on...
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Target 20th Anniversary Collection is live but some items are already selling out online

Target shoppers stayed up late or woke up early to shop the retailer’s 20th Anniversary Collection online, which went live at 3 a.m. EDT Saturday. Some early shoppers said on social media they were able to get most if...
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Friday the 13th harvest moon thrills skywatchers

A rare Friday the 13th harvest moon has been thrilling skywatchers. The full moon is the first to occur on Friday the 13th for almost 20 years and that kind of timing won’t recur for 30 years.
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