Finance

Musk emails alleged Tesla saboteur, 'You're a terrible human being'

But Tripp, who says he became a whistleblower after seeing what he called unsafe conditions in the company's vehicle batteries, told The Washington Post he ha...


Oil falls as Opec nears deal to raise production

Saudi Arabia and its allies estimate that total cuts now amount to 2.8 million barrels. "OPEC could keep the same deal with compliance going back to 100%", sa...


A China-based hacking campaign breached satellite and defense companies

Symantec claims that the group's efforts were driven by goals revolving around national espionage . So far, the researchers did not manage to determine whethe...


Interest rates held by Bank of England

The Bank of England's top economists today voted to hold interest rates steady, but with a reduced majority of six votes to three as chief economist Andy Hald...


Trade War Fallout: 5 ways the Trump tariffs could impact air cargo

In two of the past six months for which US export data is available, American exports to China exceeded the volume of USA exports to Canada-in October 2017 and ...


Turkey strikes back, taxing $1.8 billion worth of US goods

The United States enacted 25% tariffs on imported steel and 10% tariffs on imported aluminum in March. The country's Ministry of Economy said Thursday that ...


Daimler profit warning sends vehicle shares skidding

The company has said previously the majority of the SUVs it produces in Alabama are exported around the world but declined to provide China-specific data. Merce...


German Leaders Mull Next Steps in Migration Standoff

According to Reuter, the spokesman denied a report in Bild newspaper that Merkel was trying to arrange a special summit on migrant policy, saying such a meetin...


Intel CEO Brian Krzanich quits over relationship with employee

Mr Krzanich, who has been credited with transforming Intel from a purely hardware-focused company into a multi-faceted computing organisation, had been marrie...


Ernst: Trump tariffs on China are a tax on farm families

The S&P 500 index and the Nasdaq composite are also lower. The top White House trade adviser, Peter Navarro, says Beijing "may have underestimated the resolve...


In Tit-For-Tat, India Hikes Import Duties On US Agri Products

On Wednesday, the European Commission notified that it will start imposing 25% import duty on a range of USA products from Friday, in response to U.S. India has...


Bank of England holds interest rates at 0.5%

The Bank's ratesetters voted 6 to 3 to hold rates rather than the expected 7 to 2 result, as the Bank's chief economist Andy Haldane joined those calling for an...


Foxwoods President and CEO dies suddenly

The cause of Rappaport's death has not yet been determined. An unrivaled and tireless powerhouse during his career, which spanned four decades across major re...


Audi In Crisis Mode As CEO Arrested 06/18/2018

Volkswagen has pleaded guilty to criminal charges in the United States. The prosecutor could not comment further due to ongoing investigations. Prosecuto...


Walgreens to join Dow Jones industrial average, replacing General Electric

GE had been the only remaining original member of the Dow - it joined in 1896 but was booted twice in its early years - and had been a regular in the index si...


A fifth of shoppers oppose plastic bag ban

Confused about what the ban means for consumers? Single-use lightweight plastic shopping bags less than 35 microns in thickness, standard petrochemical lightwei...


Toys 'R' Us is shutting down in Australia, too

The group's 885 USA stores were slated for closure after it was unable to meet the payments on billions of dollars in debt accumulated since it was bought by a ...


Oracle's quarterly results beat estimates on cloud growth

Earnings per share for the quarter (adjusted): Oracle reported $0.99, up 11% from the year before, which beat analysts' expectations of $0.94. "We had a ...


Another Mobile Outage Hits Australian Customers

Thousands of customers on mobile reseller services using Telstra's network were affected by outages from Monday night, with a Telstra spokesperson saying most p...


Dunkin' Donuts causes controversy over 'racist' sign displayed in store

The sign, photographed on the counter of a Dunkin' Donuts store in Baltimore, offered coupons to customers for dobbing staff members in. Gillian Morely, a jou...


Detroit rises in J.D

The Sport model adds more aggressive styling touches inside and. The industry average for 2018 models - 93 problems per 100 vehicles - is four points better t...


India Urges OPEC Nations To "Fill Supply Gap", Ensure Sustainable Prices

Oil catches some much-needed lift on United States crude stocks declines. He said now high oil prices dent the economic development of many countries. "We exp...


Telstra To Cut 8,000 Jobs

Telstra will also continue operating its Network Applications and Services business, which includes cloud services. As part of the strategy of simplifying Te...


European Union levies tariffs on $3.2B on USA goods over metals duties

Separately it is also pursuing the case with the World Trade Organisation, arguing that the White House's reasons for the tariffs - that the glut of steel and a...


Bound new Volvo S60 revealed

It will be assembled at the brand's new $1.1 billion plant outside of Charleston, South Carolina which, at full capacity, can produce up to 150,000 vehicles. ...


New low cost airline in Hamilton

Flair plans to fly to Orlando and Palm Springs, Calif., next winter. Mayor Fred Eisenberger said Hamiltonians have been asking for more convenience when it co...


Another technical issue grounds flights on American in Charlotte

A spokesperson for American Airlines told FOX 46 that PSA Airlines is having problems tracking flight crews. Several flights in and out of Norfolk and Newport...


Facebook Fundraiser To Reunite Families Separated At Border Brings In Millions

The Willners' page is the largest single fundraiser in Facebook's history, said Roya Winner, a Facebook spokeswoman. A Texas nonprofit working to help ...


Amazon Alexa is coming to hotels, vacation rentals, and other hospitality locations

Alexa for Hospitality will also soon support the ability for Amazon customers to temporarily connect their Amazon account to the Alexa-enabled device in their ...


European Union levies tariffs on $3.2B on United States goods over metals duties

After months of talks, the Trump administration ended in June a temporary two-month exemption for the European Union as well as Mexico and Canada, all of which ...


Starbucks to close 150 stores amid slowing sales

Coffee retail giant Starbucks announced Tuesday its plan to close approximately 150 stores across the United States as a result of "slow growth", sending the ...


The burgeoning US-China trade war has entered a new phase

China denies such theft and accuses Washington of "deviating from the consensus reached by both parties". As the trade dispute between Washington and Bei...


Microsoft slammed for ICE contract, amid child separations

Over the weekend, a blog post from January resurfaced, in which Microsoft said it is "proud to support" ICE and that Microsoft's technology can help the agenc...


Telstra announces it will axe 8000 employees and contractors in company restructure

Federal Labor frontbencher Richard Marles has described as a "huge shock" Telstra's decision to slash 8,000 jobs. Establishing a standalone infrastructure bus...


Chief Economic Adviser to leave finance ministry, return to US

Chief Economic Advisor Arvind Subramanian on Wednesday has resigned due to personal reasons. The CEA is usually the key go-to person for advice for the finan...


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