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A Chinese company is turning back to American oil despite the 5% tariff China imposed earlier this month.
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Before Yemen's civil war began in 2014, the country had no tradition of sectarianism between its Shiite and Sunni Muslim communities. With outside powers having chosen sides along those lines, the conflict now pits the Middle East's biggest rivals, Sunni-majority Saudi Arabia and Shiite-dominated Iran, against one another, with consequences for the entire world.
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 Gold futures climb on Tuesday, building on the hefty gain seen a day earlier to settle at a more than one week high for a second session in a row, with traders continuing to monitor developments tied to the attacks on Saudi Arabian oil-infrastructure as they shift focus to the Federal Reserve meeting this week.
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 Shares of Kraft Heinz Co. slumped 4.2% in midday trading, enough to pace decliners among its consumer staples peers group, after the food and beverage company's second-largest shareholder cut its stake by more than 9%. In a Form 4 filing with the Securities and Exchange Commission, Kraft Heinz disclosed that private-equity firm 3G Capital sold 25.1 million Kraft Heinz shares on Monday at a price of $28.44, which values the shares sold at $712.95 million. That left 3G with a 245.03-million-share stake, or 20.1%, of the shares outstanding. 3G's stake is second to Warren Buffett's Berkshire Hathaway Inc.'s 325.6-million-share stake as of June 30, which is 26.7% of the shares outstanding. 3G and Berkshire orchestrated the creation of Kraft Heinz when Kraft Foods Group Inc. and H.J. Heinz Co. agreed in March 2015 to merge. Kraft Heinz's stock has tumbled 34.1% year to date, while the SPDR Consumer Staples Select Sector ETF has rallied 19.7% and the Dow Jones Industrial Average has climbed 15.8%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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A strong economy was supposed to be the centerpiece of Trump's reelection campaign, but the trade war and uneven growth are giving Democrats a chance to attack.
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Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. More than two years after U.S. President Donald Trump walked away from a regional Asia-Pacific trade...
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Twin suicide bombings target Afghanistan president's rally, Kabul downtown; 48 dead Fox NewsBomb blast hits Afghan President Ashraf Ghani's campaign rally Al Jazeera EnglishA Marine Looks Back at His Battles in Afghanistan The New York TimesAfghanistan war: Tracking the killings in August 2019 BBC NewsTaliban delegation visits Iran to 'discuss latest developments' Aljazeera.comView full coverage on Google News
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 * Trump ties Iran to Saudi oil attack, but says does not
want war
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One of Warren Buffett's favorite investments is struggling, to say the least.
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Trump and Warren Lay Out Competing Visions of Populism The New York Times2020 Daily Trail Markers: Elizabeth Warren holds rally in New York City CBS NewsMaryanne Trump-Barry: Elizabeth Warren Goes After President Trump's Sister as Part of Anti-Corruption Plan The Daily BeastElizabeth Warren's big NYC day: She scoops Working Families Party endorsement, draws 8,000 to 10,000 at Manhat New York Daily NewsElizabeth Warren: Donald Trump is 'corruption in the flesh' Guardian NewsView full coverage on Google News
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Datadog disclosed Tuesday that expected pricing of its initial public offering has increased to $24 to $26 a share from $19 to $22, which raises the value of its 24-million-share offering to up to $624 million from $528 million. If the underwriters exercise the options to buy up to an additional 3.6 million shares, the company could raise up to $717.6 million. The digital transformation and cloud migration software company's stock is expected to list on the Nasdaq under the ticker symbol "DDOG." The lead underwriters of the IPO are Morgan Stanley, Goldman Sachs, J.P. Morgan and Credit Suisse. For the six months ended June 30, Datadog recorded a net loss of $13.4 million on revenue of $153.3 million, after a profit of $498,000 on revenue of $85.4 million in the same period a year ago. The company is looking to go public at a time the Renaissance IPO ETF has rallied 44.2% year to date while the S&P 500 has gained 19.6%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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HBO Max, the streaming service AT&T's WarnerMedia is launching next spring, has struck a deal for streaming rights to reruns of CBS's just-ended comedy series.
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