• FBI Accidentally Reveals Name of Saudi Diplomat Suspected of Supporting 9/11 Hijackers

    FBI Accidentally Reveals Name of Saudi Diplomat Suspected of Supporting 9/11 Hijackers

    The FBI has accidentally revealed the name of a Saudi diplomat who is suspected of directing support to two of the September 11, 2001, plane hijackers. In a federal court filing by Jill Sanborn, the assistant director of the FBI’s counterterrorism division, the diplomat’s name was redacted in all instances except one. In that instance, …
  • Live Nation stock surges as Saudia Arabia buys $500M stake

    Live Nation stock surges as Saudia Arabia buys $500M stake

    Saudi Arabia has taken a $500 million stake in promoter Live Nation, whose shares have been slammed as the coronavirus has brought this year’s schedule of concerts and sporting events across the country to a virtual standstill. Shares of Live Nation, which had recently fallen nearly 50 percent from all-time highs they reached in February …
  • OPEC, Russia, and Others Agree on Production Cuts to Stem Free-Falling Prices

    OPEC, Russia, and Others Agree on Production Cuts to Stem Free-Falling Prices

    OPEC members and Russia agreed on Sunday to oil production cuts to stem free-falling prices caused by a trade war between Russia and Saudi Arabia. The agreement will cut worldwide output by 10 million barrels per day, amounting to one tenth of the global supply of oil. U.S. senators have sharply criticized Saudi Arabia over …
  • Feds ramp up probe of $2.1B Google-Fitbit deal amid privacy worries

    Feds ramp up probe of $2.1B Google-Fitbit deal amid privacy worries

    The Department of Justice has stepped up its investigation of Google’s proposed $2.1 billion acquisition of Fitbit, a deal that critics say could pose increased threats to customer privacy, two sources close to the situation told The Post. In a move that typically signals increased scrutiny for a merger, regulators are now conducting a so-called …
  • Stocks rally on possible truce to end Saudi-Russia oil price war

    Stocks rally on possible truce to end Saudi-Russia oil price war

    Stocks rallied Thursday as rising oil prices overcame Wall Street’s worries about the coronavirus gutting the US labor market. The Dow Jones industrial average climbed as much as 534.26 points, or 2.5 percent, on hopes of a detente in the oil-price war between Russia and Saudi Arabia. The blue-chip index reversed the early losses it …