Finance

FCC, FEMA to test 'Wireless Emergency Alert' system on Wednesday

You can expect to see the alert pop up on your phone at 2:18 p.m. ET so long as you have your phone turned on, are within range of a cell tower, and if your wir...


Amazon raises wages for lower-paid workers

The change will affect more than 250,000 Amazon employees and 100,000 seasonal employees. In its announcement Tuesday, Amazon said it would lobby for an incre...


Amazon to Raise Its Minimum U.S. Wage to $15 an Hour

Amazon is raising its minimum wage for all employees to $15, a bump that could have implications throughout the USA workforce. Jeff Bezos , the billionaire f...


Elon Musk to step down as Tesla chairman

The original lawsuit had sought to remove him both as chairman and as CEO. In emails to Tesla staff, Musk said that if the staff could pull through the pr...


Brent crude oil prices near four-year high, regional airline stocks waver

The recent increase in oil prices has prompted talk that crude could reach $100 per barrel for the first time since prices slumped in mid-2014, when Brent peake...


Mexico, Canada trade deal gives Trump China leverage

President Donald Trump says his administration uses tariffs to negotiate trade deals. While some industries and regions would fare better than others, the she...


GE unexpectedly removes its CEO

It said it would take a roughly $23-billion charge to write off goodwill in its power division, primarily from a large 2015 acquisition. GE's board, meeting...


Tesla shares soar 16% after Elon Musk settles fraud lawsuit with regulator

Musk and Tesla have agreed to settle the charges against them without admitting or denying the SEC's allegations. The deal eases uncertainty over Tesla...


GE shares soar after CEO John Flannery ousted; Larry Culp takes helm

GE shares jumped 14 percent to $12.88 in early trading as investors bet Culp could re-energize the GE brand and more quickly transform its portfolio. Culp was...


New California internet neutrality law sparks United States lawsuit

Jerry Brown has signed into law the strictest set of net neutrality protections ever seen in the US. -Evan Greer, Fight for the FutureEvan Greer, deputy direc...


Subsidized LPG Cylinder Rates Hiked For October

Meanwhile, in New Delhi , the prices of fuel was increased by Rs 0.24 per litre. Brent, the benchmark for more than half the world's oil, rose to the highest s...


Elon Musk steps down as Tesla Chairman after Controversial Tweet

Under the agreement - which Clayton said was "in the best interests of our markets and our investors, including the shareholders of Tesla " - Musk will be inel...


Official says basis of Canada-US NAFTA deal has been reached

However, they later held off publishing the text, as American and Canadian negotiators re-entered intense talks in an attempt to bridge their differences over t...


Canada's housing affordability reaches worst level in 28 years, report says

RBC's housing affordability is calculated as a share of household income. The RBC Housing Affordability Measures show the proportion of median pre-tax househo...


Intel says has adequate chips to meet targets amid supply crunch

Worries over an Intel chip shortage have been bubbling up among PC manufacturers and on Wall Street. The CFO conceded that it " had put pressure on our factor...


TSB, HSBC and Barclays customers hit by IT problems

A spokesperson for TSB apologised to customers affected by the disruption, saying: "We're sorry for any issues our customers experienced". Both HSBC and TSB...


Unilever bosses' jobs at risk over headquarters move, warn investors

It said: "We have held around 200 meetings with shareholders over the last six months and believe the overall benefits of simplification have been widely unders...


Strike across Europe, Ryanair to cancel 150 flights on Friday

Joining in the industrial action, the Vereinigung Cockpit (VC) called on Ryanair pilots in Germany to strike from 3.01am (German time) on Friday to 2.59am on ...


Man dies in accident at Missouri restaurant drive-thru

Louis Post-Dispatch. Wood appeared to have opened his door and leaned out of the auto to reach his food when he hit the accelerator. But according to NBC N...


Bitcoin Cash Surges as Bitmain Goes Public

The Beijing-based company is the largest global provider of hardware for crypto mining in terms of sales revenue, holding 75 percent of the market share a year ...


Facebook users warned after hack

In a statement on Saturday, September 29, NPC Commissioner Raymund Liboro said that while Facebook has notified the users affected by the online attack, "we...


Health Canada says check your EpiPen because it might not work properly

Users are normally advised to carry two devices with them in case one is not enough. Heath Canada warned Friday that some EpiPen and EpiPen Jr auto-injector d...


A Facebook Breach Let Hackers Access Tinder, Instagram And Spotify

The added repercussions of the massive security breach were confirmed by the company later Friday, during a follow-up conference call with reporters. Those ...


No relief on fuel prices hike

Fuel prices in the country continued their upward movement on Saturday, with petrol costing almost Rs 91 a litre in Mumbai . Apart from this, the state govern...


BrewDog axe events with United States brewer Scofflaw over Donald Trump link

However, Brewdog's decision to cancel the events continued to be promoted on its social media pages. Nearly immediately after the release went public, BrewD...


Fined $20 m, Tesla CEO Elon Musk agrees to resign

The SEC had charged Musk with securities fraud, alleging that he misled investors when he tweeted on August 7 that he had "funding secured" to privatize the ele...


Chicago stays cool amid overheated housing prices

Hong Kong was ranked as the place most susceptible to a swift downturn after years of soaring house prices, while Munich, Toronto and Vancouver were also among...


Facebook admits to security breach involving 50M accounts

The access tokens for the 50 million accounts the company knows were affected have been reset. This week's breach adds to concerns that Facebook is coll...


ITC judge denies Qualcomm's request, won't stop iPhone imports

Pender said in legalese : "It is my recommendation that the statutory public interest factors weigh against issuing a limited exclusion order as to products fo...


Mexico trade deal text to be released as focus remains on Canada

The comments also mark a new low in relations between the two leaders. Trudeau spokeswoman Chantal Gagnon said: "No meeting was requested. We don't have any com...


LAX allows pot in airport but TSA says it's still a crime

The policy does note that passengers should be aware of marijuana laws where they are headed, as the policies at LAX will not be in effect in other states. St...


Why Bed Bath & Beyond Stock Tumbled Today

Leverage ratio is the total debt of a company divided by total assets of the current and past year divided by two. That was better than consensus for $0.31. Tel...


Cadillac Moving NYC Headquarters Back to Motor City

The move is allegedly created to bring the Cadillac team closer to their design and engineering counterparts. So it made sense to bring the Cadillac marketing a...


SurveyMonkey's IPO priced at $12

The survey provider previously sought the sale of 13.5 million shares through its IPO, which was expected to price in the range of $9 to $11 per share, accordi...


US has most to lose from trade war, China would benefit

Beijing responded by imposing penalties on $60 billion of American products. The report's conclusions challenge US President Donald Trump's assertions that ...


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