Finance

Porsche Picks Taycan as Name for Its First Electric Vehicle

The Taycan "must be a Porsche first", Stefan Weckbach, vice president of Porsche's battery electric vehicle program, told The New York Times recently. But...


Verizon taps Hans Vestberg as chief executive

Hans Vestberg as the CEO of Ericsson could not revive the Sweden-based telecom network company despite exploring opportunities to grow bigger and lower cost. He...


Camp Day is back!

Over five summers, Campers develop skills, overcome challenges and embrace leadership opportunities. Skip to the next and previous photo by typing j/k or ←/→....


Harvey Weinstein pleads not guilty on the criminal charges against him

The other accuser, former actress Lucia Evans , has gone public with her account of Weinstein forcing her to perform oral sex at his office in 2004. The case...


France, Canada warn Trump on trade war

The comments come amid growing concern about trade disputes between the U.S. and its partners in North America and in Europe. If we're unable to make a deal, we...


Recreational Marijuana Bill Passes In Canadian Senate

Senators have voted to pass the Trudeau government's landmark legislation to lift Canada's 95-year-old prohibition on recreational cannabis by a vote of 56 to 3...


Michigan voters to decide on legalizing recreational pot

Since most people who support legalization are more liberal or progressive, Republicans believed that having the issue on the ballot in November would mean mo...


Struggling Poundworld 'set to call in administrators'

On Thursday the retailer, which has 5,000 staff, filed a notice of intention to appoint an administrator. The retailer's management are understood to be in ta...


China offers to buy $70 billion in US goods

Larry Hu, chief China economist at Macquarie Capital, said that with the exception of soybeans, China had yet to aggressively increase its imports from the ...


Trump ramps up Twitter criticism of Canada ahead of G7 getting underway

Fears of a looming trade war were heightened last week after all the G7 nations announced plans to retaliate against Trump's tariffs with tariffs of their own...


MPs say they have "lost confidence" in TSB chief exec Paul Pester

Nicky Morgan MP, chair of the Treasury Committee , noted that the FCA does not make such stinging criticisms lightly. She had written to Mr Meddings on behal...


Canada closer to legalising marijuana after senate vote in favour

Bill C-45 now goes back to the House of Commons where Members of Parliament will decide on what to do with proposed amendments, it will then back to the Senat...


US trade deficit falls for second straight month in April

Canada's trade deficit in April narrowed to the lowest in six months as imports slumped and exporters continued to show signs of strength. But for the year, t...


Apple cuts orders for 2018 iPhones by 20%

The latest news sent Apple's stock down 2.2 percent to a value $189.20. The report suggests Apple is moving aggressively to make both of those models and a Pl...


Oil gains on Venezuela export cuts, OPEC production levels

Falling Venezuelan oil output helped push crude benchmark Brent to more than $80 a barrel last month, but prices have eased since then on talk of higher suppl...


France's Emmanuel Macron Throws Down Trump Twitter Gauntlet: G7 Can Be G6

Even Republicans were left to wonder, "When has Canada ever posed a national security threat to the United States?" Tweeting in English, Macron stressed: ...


Google CEO bans autonomous weapons in new AI guidelines

But it has also experienced some of the perils associated with A.I., including YouTube recommendations pushing users to extremist videos or Google Photos imag...


Coinbase, Circle Vie to Create Brokerages for Crypto Securities

As part of securing these licenses, Coinbase acquired three companies holding various federal licenses: Keystone Capital Corp., Venovate Marketplace, Inc., an...


Ghana football rocked by damning documentary

He said the government would soon announce provisional measures to govern football activities until a new association could be formed. He is considered the seco...


Brexit: what is the UK's backstop proposal?

But speaking to reporters on her flight to the G7 summit in Canada, she twice refused to give a "cast-iron guarantee" that the end date would not slip. But Euro...


U.S. has more job openings than number of people unemployed

More importantly, upward revisions to the prior month made it the first in government data back to 2000 that openings exceeded the number of unemployed. The r...


Cambridge Analytica ex-boss admits getting Facebook data from researcher

Senator Mark Warner, the vice chairman of the Intelligence Committee, asked Facebook if Chinese firms Huawei Technologies Co Ltd, ZTE Corp or Xiaomi were amon...


Tesla SUV, on Autopilot, Accelerated Before Fatal Mountain View Crash

The Autopilot system was engaged on four separate occasions during the 32-minute trip, including a continuous operation for the last 18 minutes 55 seconds pri...


London Stock Exchange blames technical glitch after stock market fails to open

By 8.40 a.m. prices for stocks listed on the FTSE 100, Britain's benchmark share index, were unavailable, according to data from Markets Insider . Thursday's o...


Poundworld faces collapse within days if sale talks fall through

TPG, a U.S. private equity firm, is the same firm that owns the Prezzo chain, which is also closing about 100 restaurants through a company voluntary arrangem...


Sen. Corker Defies Trump to Push Tariff-Blocking Bill

That move unleashed fury in the Group of Seven industrialised nations and prompted quick retaliation from Canada and Mexico and a promise from the European Un...


Take a First Look at Larry Page's Latest Flying Car

Kitty Hawk , the Mountain View, California-based flying auto company founded and backed by Google's Larry Page is offering a new glimpse of one its upcoming ...


David Koch to Retire From Business, Politics

The 78-year-old NY resident is affected by deteriorating well being, in line with a letter that older brother Charles Koch despatched to firm officers Tuesday...


Banks hit with criminal charges

The charges involve alleged cartel arrangements relating to trading in ANZ shares held by Deutsche Bank and Citigroup. The Australian Financial Review reporte...


Delaware Burger King shuts down due to alleged rodent infestation

The inspection report said, among other things, that rodent droppings were found inside the hamburger and chicken sandwich rolls. Dr. Rattay also cited an " i...


Concern after Qantas bows to Beijing pressure on Taiwan

The White House last month slammed what it called "a growing trend by the Chinese Communist Party to impose its political views on American citizens and priva...


ZTE reportedly signs deal that would end export ban

Last year, ZTE settled the case with the USA government, promising to pay $890 million in fines and punish dozens of ZTE executives who orchestrated the illicit...


GM Amps Up Tesla Challenge With All Cadillacs Getting Hands-Free Drive

GM is "committed to ushering in a new era of personal transportation, and technologies like these will enable it", Reuss said in a statement . Launchd past yea...


Congress has few options to stop Trump from saving China's ZTE

The move was a direct result of ZTE selling to Iran and North Korea in direct violation of an April 2017 agreement that had ZTE promise to not sell to the afore...


Italy Politics: Italy PM calls European Union immigration policy a failure

Conte addressed the Senate, flanked by the leaders of two formerly fringe parties that had shoved aside mainstream parties at an election in March to form a coa...


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