U.S.-Saudi Defense Ties on Track to Weather Controversy
Controversy surrounding the suspected killing of journalist Jamal Khashoggi is unlikely to derail the multibillion-dollar relationship that makes Saudi Arabia a top customer of U.S. defense firms, experts say......»»
Explaining SoftBank’s Close Ties With Saudi Arabia
The controversy over the disappearance of journalist Jamal Khashoggi has prompted business leaders to distance themselves from Saudi Arabia. U.S. Treasury Secretary Steven Mnuchin, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and Uber Tec.....»»
Raytheon"s Saudi Arabia ties could come under scrutiny in earnings call
When Waltham-based Raytheon Co. (NYSE: RTN) reports third quarter earnings on Thursday, the defense contractor could face questions about diplomatic risks to its lucrative business in Saudi Arabia, where it's sought to expand in recent years. Raytheon's.....»»
Defense firms stand with White House on Saudi arms sales
Defense giants Raytheon and Lockheed Martin have been silent for weeks about their business in Saudi Arabia. When pressed by investment analysts, executives promised to stand by the Trump administration regarding ties to the kingdom......»»
Sidney Powell"s defense lawyers say her conspiracy theories about Dominion were way too outlandish to be taken seriously
Sidney Powell pushed a bizarre conspiracy theory that Dominion had secret ties to Venezuala and rigged the 2020 election against Donald Trump. Sidney Powell, then an attorney for President Donald Trump, conducts a news conference at the Republic.....»»
Texas’s chief energy regulator fiercely defended fossil fuels after historic blackouts. She also profits from oil and gas.
The ties are newly relevant in light of last month’s blackouts, which left more than 9 million Texans without power and may turn out to be the costliest weather event in the state’s history......»»
Citi’s ties to Saudi royal family to remain intact after Khashoggi link
Citigroup has some of the deepest business relationships with the Kingdom and its massive business empire......»»
The White House says it never wants an assassination like Khashoggi"s again, but won"t punish MBS for ordering the killing
Biden's White House has essentially leaned on the importance of the diplomatic relationship with Saudi Arabia in defense of its actions. Crown Prince Mohammed bin Salman .....»»
Capitol Report: Democratic-run Washington means worries for defense sector, retreat for Saudi lobby, watchdog says
Foreign lobbyists are dealing with a new Washington, as Democrats nowadays control the White House and both chambers of Congress. One expert on the influence industry, Ben Freeman, speaks with MarketWatch about important trends that he’s spotting......»»
In its latest gargantuan defense budget bill, Congress quietly eliminated the Pentagon"s top spending watchdog
The Pentagon gets a big budget every year, and now there's one less person to track how it spends that money. Lisa Hershman, then deputy chief management offic.....»»
Why the Breach Between Saudis, Qataris Goes On and On
In 2017, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic ties and transportation links with Qatar, kicking off a regional squabble with broad geopolitical imp.....»»
U.S. restaurants seek more aid, on track to lose $240 billion by end of 2020
U.S. restaurants asked Congress for more financial aid on Monday to help weather the coronavirus crisis ravaging the industry, saying they are on track to lose $240 billion by the end of 2020......»»
U.S. oil state senators to talk crude markets with Saudi officials Saturday: source
Republican U.S. senators who have introduced a bill that would remove U.S. defense systems and troops in Saudi Arabia unless it cuts oil output will hold a call with the kingdom's officials on Saturday, a source familiar with the planning said on Tuesday......»»
Oil soars by most on record amid news of output cut
Oil prices soared more than 30%, on track for the most in a day on record, on reports U.S. President Donald Trump expects Russian President Putin and the Saudi Crown Prince to announce an oil production cut of 10 million to 15 million barrels......»»
Storage Crunch, Revved Up Saudi Production Promise More Pain for US Crude
Crude oil storage tanks around the world are filling up and rising production combined with lower pricing from Saudi Arabia is on track to oust the U.S. as the world's top crude producer......»»
IBM"s Watson and The Weather Channel"s new county-by-county interactive map of COVID-19 cases is one of the first of its kind
IBM/The Weather Channel IBM and its subsidiary, The Weather Channel, have rolled out new tools that track the spread of COVID-19. The maps runs on IBM's Watson, combining data from the World Health Organization wi.....»»
Futures Movers: U.S. oil falls to a nearly 18-year low as rout continues on coronavirus fears, price war
Oil futures extend their plunge as countries lock down to slow the spread of COVID-19, while Saudi Arabia and Russia remain on track to flood the world with crude in a global price war......»»
Futures Movers: U.S. oil falls to 17-year low as rout continues on coronavirus fears, price war
Oil futures extend their plunge as countries lock down to slow the spread of COVID-19, while Saudi Arabia and Russia remain on track to flood the world with crude in a global price war......»»
Weekend Blizzard Still On Track To Slam Western US
After a nearly three-month break from major winter storms, the weather will change dramatically in the Sierra Nevada th.....»»
Crude nears end of worst week in a decade, hit by coronavirus and price war eruption
Oil prices were on track for their worst week since the 2008 global financial crisis after the coronavirus outbreak rocked the world economy while top exporter Saudi Arabia and its allies stepped up plans to flood the market with record levels of supply......»»
Futures Movers: Oil prices climb, but remain on track for biggest weekly drop since 2008
Oil is in bounce mode Friday, rising sharply but prices are still on track for the biggest weekly drop since 2008 following a brutal selloff sparked by a Saudi-Russian price war and the global spread of the COVID-19 pandemic......»»