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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......»»

Category: smallbizSource: wsjOct 18th, 2018

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.....»»

Category: topSource: washpostOct 19th, 2018

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.....»»

Category: topSource: bizjournalsOct 22nd, 2018

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......»»

Category: topSource: washpostOct 25th, 2018

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.....»»

Category: personnelSource: nytMar 22nd, 2021

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......»»

Category: topSource: washpostMar 19th, 2021

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......»»

Category: topSource: foxnewsMar 2nd, 2021

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 .....»»

Category: topSource: businessinsiderMar 1st, 2021

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......»»

Category: topSource: marketwatchFeb 26th, 2021

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.....»»

Category: smallbizSource: nytJan 27th, 2021

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.....»»

Category: topSource: washpostJan 5th, 2021

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......»»

Category: topSource: reutersApr 20th, 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......»»

Category: topSource: reutersApr 7th, 2020

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......»»

Category: topSource: moneycentralApr 2nd, 2020

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......»»

Category: blogSource: 247wallstMar 31st, 2020

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.....»»

Category: topSource: businessinsiderMar 26th, 2020

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......»»

Category: topSource: marketwatchMar 18th, 2020

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......»»

Category: topSource: marketwatchMar 18th, 2020

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.....»»

Category: blogSource: benzingaMar 13th, 2020

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......»»

Category: topSource: reutersMar 13th, 2020

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......»»

Category: topSource: marketwatchMar 13th, 2020