U.S. stocks fell sharply on Friday, with the Dow Jones industrial average dropping as much as 538 points, as Britain's vote to quit the European Union sent a shock wave through global financial markets.
The United Kingdom's decision to pull out of the European Union is sending global markets sharply lower. But the pain is being felt hardest by a handful of companies most exposed to the decision.
Billionaire Kelcy Warren just won a hand in the biggest M&A poker game he's ever played in the U.S. oil patch. Eighteen months after Warren's Energy Transfer Equity LP began talks to acquire rival pipeline giant Williams Cos.
LONDON—European airlines were among the hardest hit by the market turbulence Friday, following the startling decision by Britons to leave the European Union.
Calling himself the “frack master,” Texas businessman Chris Faulkner charmed hundreds of investors and major media companies into believing he had extensive experience in energy markets.