Finance

Trump announces an agreement with European Union on tariffs

Bob Corker, R-Tenn., told reporters in Washington Tuesday. As an example, Washington cherry producers are facing 50 percent tariffs in China, its biggest expo...


Facebook disappoints on revenue, active users; shares fall 9 percent

Expenses grew even faster, however, rising 50% to about $7.4bn. Facebook shares fell more than 8 percent, to $199.95, in after-hours trading. Only months af...


Bank of Japan moves to lower yields

Further, BOJ is seen pushing its inflation forecasts out to the fiscal year ending March 2021, and if anything, the risks are to the downside, meaning the ban...


Waymo strikes self-driving deal with Walmart, Avis, AutoNation and more

AutoNation customers will be able to take a ride in a Waymo self-driving auto to wherever they need to go when bringing their cars or trucks in for service. W...


Rouhani: Trump's 'empty threats' not worthy of response

US officials are stepping up diplomatic efforts to pressure countries to stop importing Iranian oil. The tribunal warned the U.S. secretary of state about h...


Ryanair punishes striking pilots with hundreds of job cuts

Ryanair has apologised in a tweet to its customers in Belgium, Spain and Portugal affected by cancellations. Ryanair employees hold up signs in English and Sp...


Fiat Chrysler board meets in light of CEO's surgery in Italy

Whatever the details, it is fairly clear that Marchionne is not going to return to any of his previous roles, which explains why the Fiat and Ferrari boards h...


KitKat loses EU-wide protected trademark status

It's the latest blow for Nestle after United Kingdom appeal judges also ruled in favour stripping KitKat of its UK-only trademark on the basis that the three-di...


British PM May to lead Brexit talks from now on

Mrs May said: "Far from being anxious about preparations that we are making, I would say that people should take reassurance and comfort from the fact that the ...


Winning Mega Millions ticket sold in San Jose

The next drawing for the prize will be held on Tuesday night, July 24, at 11 p.m. E.T. Two tickets, sold in MA and Texas, are worth $3 million each because of t...


Former Ferrari president Sergio Marchionne passes away aged 66

Marchionne had entered hospital for a shoulder operation, but after surgery his condition deteriorated rapidly, with reports suggesting that an embolism had l...


Rouhani says Trump's 'empty threats' not worth a response

On Saturday, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei praised Rouhani's firm response to the USA threat to halt Iran's oil exports, saying ...


Facebook sets up China subsidiary

In reports initially carried by the Reuters news agency, Facebook described the Chinese venture as an innovation hub to support Chinese developers, innovators a...


Fiat Chrysler CEO Sergio Marchionne Falls Ill, Mike Manley Named Successor

FCA has said Manley will work to ensure a "strong and independent" future for the group. Marchionne had been at Fiat for over a decade and added the title of ...


Fiat’s boss, Sergio Marchionne, dies at 66

Sergio Marchionne , man and friend, is gone". "Sergio Marchionne was one of the most respected leaders in the industry whose creativity and bold determination...


Fiat ex-boss Marchionne dies at 66

Marchionne had been at Fiat for over a decade and added the title of Ferrari chairman in 2014, replacing Luca di Montezemolo. With Marchionne unable to helm...


Uber Drivers Are Committing 'Vomit Fraud' to Pocket Cleanup Fee

But in such instances, the drivers can demand a significant upcharge - typically anywhere from $80 to $150 - from the client after drop-off; and it's causing a ...


European Union fines ASUS, Philips and others for online price fixing

On Tuesday, the European Commission fined Asus ; Denon & Marantz; Philips ; and Pioneer for imposing fixed or minimum resale prices on their online ...


President Trump to Iran's Rouhani: Never Ever Threaten the US Again

Sanders said . Asked by reporters at the White House whether he had concerns about provoking tensions with Iran , Trump said "None at all". In his messa...


Ryanair flights cancelled over strike action — Travel alert

Yesterday the budget airline said that air traffic control shortages in Germany, France, Spain, the United Kingdom and Greece delayed over 570 of their 2,445 fl...


China to invest $14b in South Africa

Cash-strapped power utility Eskom Holdings SOC Ltd . secured a $2.5 billion long-term loan facility with China Development Bank , taking the funding it's secu...


Trump to Give Farmers Aid, but Farmers Aren't Thrilled

Hafemeister said the programs are a signal to countries embroiled in trade wars that the USA will support farmers and ranchers. "American farmers want markets, ...


Florida officer helps homeless man shave before job interview

After Carlson fixed the man's razor, he realized that without a mirror Phil was having a hard time shaving. Tallahassee Police Officer Tony Carlson said he ...


Trump tweets tariffs ‘are the greatest’ and threatens additional levies

After Trump hit China with tariffs, they responded with a 179 percent retaliatory tariff on us sorghum. Jerry Moran, R-Kan. Sen. Ben Sasse , Nebraska Repub...


Harley-Davidson Cuts Profit Margin Forecast for This Year on Tariff Hit

Harley shares rose 7.7 percent to close at $44.63 in NY, the biggest jump since October 2016. The motorcycle maker posted revenue of $1.53 billion in the peri...


Trump to announce support for farmers caught in trade disputes

Trump warned his audience "what you're seeing and what you're reading is not what's happening", and that "farmers will be the biggest beneficiary" of his implem...


Satellite images suggest North Korea dismantling key rocket launch site

Mr. Trump was likely referring to an article in The Washington Post on Sunday that claimed the president was frustrated with the lack of immediate progress. T...


Some No Name brand chicken nuggets recalled due to possible contamination

All the crackers involved in the recall have a best if used by date of between January 14, 2019 and April 19, 2019. The company is conducting this recall as a p...


Texas waiter faked "we don't tip terrorist" note on receipt, restaurant says

Before Cavil admitted he fabricated the story, the restaurant backed the server and had initially announced banning the customer. "After further investiga...


Get a dozen Krispy Kreme doughnuts for $1 on Friday

The fan-favorite glazed confetti features a vanilla birthday cake inspired dough with sprinkles mixed in, the classic Krispy Kreme glaze and a sprinkling of...


Erdogan calls Israel ‘fascist, racist’ for nation state law

Turkish President Recep Tayyip Erdogan on Tuesday brands Israel the "most fascist, racist state" in the world after Israel's parliament passed a new law defi...


Donald Trump: 'Tariffs are the greatest!'

What's the background on the tariffs? Donald Trump had promised the aid after fierce criticism from farmers, an important part of his support base. Soybean...


Mega Millions jackpot tops $500M

If you've bought a Mega Millions lottery ticket, you might get your chance to own more money than the GDP of several tiny countries. The prize is the larges...


Trump threatens more tariffs on U.S. trading partners

Last week, Trump told CNBC that Washington might impose import taxes on all $505 billion worth of Chinese goods should it become necessary - if the trade confli...


Erdogan calls Israel's Nation-State Law 'fascist,' in 'Hitler's spirit'

Hitler's Nazi regime was, of course, responsible for the Holocaust, in which six million Jews were systematically murdered from 1941 to 1945. "Advancing with ...


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