Business

This image provided on Sunday, Sept. 15, 2019, by the U.S. government and DigitalGlobe and annotated by the source, shows damage to the infrastructure at Saudi Aramco's Kuirais oil field in Buqyaq, Saudi Arabia. The drone attack Saturday on Saudi Arabia's Abqaiq plant and its Khurais oil field led to the interruption of an estimated 5.7 million barrels of the kingdom's crude oil production per day, equivalent to more than 5% of the world's daily supply. (U.S. government/Digital Globe via AP)
September 16, 2019 - 7:11 pm
WASHINGTON (AP) — The Latest on tensions in the Persian Gulf and the fallout after weekend attack on major oil sites in Saudi Arabia (all times local): 5:10 p.m. Saudi Arabia says its initial investigations indicate that Iranian weapons were used in attacks on key oil installations and it "will...
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Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, Sunday, Sept. 15, 2019. The weekend drone attack in Buqyaq on one of the world's largest crude oil processing plants that dramatically cut into global oil supplies is the most visible sign yet of how Aramco's stability and security is directly linked to that of its owner -- the Saudi government and its ruling family. (AP Photo/Amr Nabil)
September 16, 2019 - 6:34 pm
Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record. It was an increase on par with the 1991 Gulf War and analysts said heightened tensions in the Middle East could keep prices elevated...
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President Donald Trump speaks before leaving the White House, Monday, Sept. 16, 2019, in Washington. (AP Photo/Manuel Balce Ceneta)
September 16, 2019 - 5:46 pm
WASHINGTON (AP) — President Donald Trump declared Monday it "looks" like Iran was behind the explosive attack on Saudi Arabian oil facilities. But he stressed that military retaliation was not yet on the table in response to the strike against a key U.S. Mideast ally. Oil prices soared worldwide...
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FILE - In this Sept. 12, 2012, file photo, National Hockey League Players' Association executive director Donald Fehr, center, is joined by players George Parros , left, and Kevin Westgath after meeting with NHL officials in New York. The NHLPA announces its decision whether to terminate the current collective bargaining agreement and set the clock ticking toward another potential work stoppage in 2020. (AP Photo/Mary Altaffer, File)
September 16, 2019 - 5:34 pm
The National Hockey League will play its next three seasons without the threat of a work stoppage amid optimism that labor peace will stretch beyond 2022. The NHL Players' Association on Monday announced it would not opt out of the current collective bargaining agreement. Combined with the owners'...
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FILE - In this July 13, 2019, file photo, Transportation Secretary Elaine Chao addresses the media before the NASCAR series auto race at Kentucky Speedway in Sparta, Ky. The House Oversight Committee says it is investigating whether Chao acted improperly to benefit herself or her family’s shipping company. (AP Photo/Timothy D. Easley, File)
September 16, 2019 - 4:39 pm
WASHINGTON (AP) — The House Oversight Committee said Monday it is investigating whether Transportation Secretary Elaine Chao acted improperly to benefit herself or her family's shipping company. Two Democratic leaders sent Chao a letter asking her to turn over documents and communications related...
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John Wilson, with the New York Stock Exchange, monitors stock activity, Monday, Sept. 16, 2019. Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. (AP Photo/Mark Lennihan)
September 16, 2019 - 4:12 pm
Airlines, cruise lines and other companies in fuel-dependent industries dragged U.S. stocks lower Monday after an attack on Saudi Arabia's biggest oil processing facility sent crude prices soaring. The U.S. and international benchmarks for crude each vaulted more than 14% — that's comparable to the...
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FILE - This Feb. 19, 2013, file photo shows OxyContin pills arranged for a photo at a pharmacy in Montpelier, Vt. Purdue Pharma, the company which makes OxyContin and other drugs, filed court papers in New York on Sunday, Sept. 15, 2019, seeking Chapter 11 bankruptcy protection. (AP Photo/Toby Talbot, File)
September 16, 2019 - 4:11 pm
BOSTON (AP) — OxyContin maker Purdue Pharma has embarked on a multibillion-dollar plan to settle thousands of lawsuits over the nation's deadly opioid crisis by transforming itself in bankruptcy court into a sort of hybrid between a business and a charity. Whether the company can pull it off...
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FILE - In this Nov. 17, 2004, file photo Jerry Seinfeld, left, Julia Louis Dreyfus and Michael Richards arrive to celebrate the release of the first three seasons of Seinfeld on DVD in New York. Netflix says it will start streaming all 180 episodes of the “Seinfeld” in 2021, gaining a hugely popular addition to its library as the battle for viewers heats up. (AP Photo/ Louis Lanzano, File)
September 16, 2019 - 4:10 pm
LOS GATOS, Calif. (AP) — Move aside, "Friends" and "The Office." Netflix now has a new gem — a show about nothing. The company announced Monday it would start streaming all 180 episodes of "Seinfeld" in 2021, gaining a hugely popular addition to its library as the battle for viewers heats up...
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Activists protest during a rally outside the White House in Washington, Friday, Sept. 13, 2019. (AP Photo/Susan Walsh)
September 16, 2019 - 3:51 pm
BERLIN (AP) — Hundreds of thousands of people are expected to join worldwide demonstrations this week ahead of a U.N. climate summit in New York, as unions and some businesses lend their support for faster action to fight climate change. Organizers said Monday that more than 800 events were planned...
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Trader Gregory Rowe monitors stock prices at the New York Stock Exchange, Monday, Sept. 16, 2019. Global stock markets sank Monday after crude prices surged following an attack on Saudi Arabia's biggest oil processing facility. (AP Photo/Mark Lennihan)
September 16, 2019 - 3:32 pm
NEW YORK (AP) — They're simple, cheap and now the most popular way for many people to invest in the U.S. stock market: index funds. Last month, for the first time, the number of dollars invested in funds tracking the S&P 500 and other U.S. stock indexes eclipsed those in funds run by managers...
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