Finance

Former divorce lawyer Elon Musk departs at Tesla

Tesla CEO Elon Musk said he has no respect for the Securities and Exchange Commission during a 60 Minutes interview on Sunday evening. Tesla is also shorin...


United Kingdom minister says Brexit vote to go ahead in parliament

She also said in an interview with the Times that she did not rule out a second referendum and made it clear that if there were to be one, she would vote Re...


Uber races Lyft in filing for 2019 stock market debut

Company CEO Dara Khosrowshahi had mentioned since joining Uber in late August 2017 that he was hoping for an IPO in the first half of 2019. Uber's valuati...


Man caught on camera snatching purse at McDonald’s in Okeechobee

Security footage from inside an Okeechobee McDonald's shows a man in a white baseball cap and maroon shirt approach the woman from behind. The man quickly leans...


Nissan hit by new inspection scandal after Ghosn arrest

Nissan vice president Seiji Honda said the company was reviewing internal systems for its regulatory compliance. NHK has learned that retirement benefits se...


Crypto crash accelerates, sending Bitcoin to lowest level in a year

Since the SEC had 45 days from the date of publication in the Federal Register to make a decision, it could have waited until 16 August 2018 to make an ann...


China is lead suspect in Marriott hack, Reuters reports

The hackers, as the hotel group announced , had stolen the information, including phone numbers, email address, and passport numbers among other things, of alm...


Lion Air crash fallout

The former pilots, one of them a certified instructor, said the DGCA's recommendation could not be implemented as of now in India as there was neither a sim...


End of the road for Bloodhound supersonic vehicle project

That includes the SSC (Super Sonic Car) itself, which Andy Green, who was tasked with driving the vehicle in its attempt, told the BBC in an interview publish...


Dow closes 2.2% lower to finish bad week for U.S. markets

The Dow Jones industrial average slid almost 600 points, or 2.4 percent, on a disappointing jobs report Friday morning that seemed to cement worries that an...


Snowed in: Southern states slammed by winter storm

Over 140,000 customers in North Carolina are without power as of 9 a.m. ET Sunday as snow and freezing precipitation continue to fall, according to North Car...


Oil: Market fundamentals are turning more favorable for the price - Danske Bank

The price of oil has fallen about 25 percent recently because major producers, including the US which is not party to the agreement, are pumping oil at high r...


Canada's unemployment rate hits lowest point in over 40 years

Alberta also saw growth by 24,000 in November, and also boosted by gains in full-time work. The capital region tied with Quebec city, also at 3.8 per cent. Expe...


Amazon plans to bring checkout-free store Amazon Go to airports | Marketing

Amazon is looking to expand its futuristic brick-and-mortar grocery store Amazon Go to airports in the U.S., according to public records requests sent to severa...


Microsoft unveils facial recognition principles, urges new laws

In July Microsoft's president , Brad Smith wrote a blog that called on governments to adopt laws that will regulate facial recognition. "We believe it...


Jobs picture steady at 3.7 percent unemployment

The unemployment rate remained 3.7 percent, almost a five-decade low, for the third straight month. With the labor market is moving at a steady pace to close ...


Full statement from the Bank of Canada December 2018 decision

Looking at the positive side, Poloz says the latest oil-price shock also arrives at a time when Canada's economy is running close to full tilt and the unemploym...


Sears' biggest holder bids $4.6B for rest of bankrupt chain

It then said it would shutter 142 unprofitable stores in the hopes that it could stay in business. Hundreds of Sears stores across the USA could be saved in w...


France's Tax Burden Now the Highest of Any OECD Country

Though up only slightly from 34.0 percent in 2016, the figure was the highest average overall tax take since the worldwide policy forum's records began in 1965,...


US coal consumption drops to lowest level since 1979 | AP business

President Trump campaigned on a promise to bring back coal jobs and lift regulations he said were throttling the US economy. A report by the U.S. National...


Lyft beats bigger rival Uber in filing for IPO

Lyft's confidential filing means the Securities and Exchange Commission can review the material and provide feedback before the company publicly files its S-1,...


China’s trade surplus with USA reaches record level

On December 6, the U.S. reported that its trade deficit in October jumped to a 10-year high, and that the deficit with China that last month surged 7.1 percen...


Fiat plans to reopen idled Detroit engine plant to build new Jeep

The planned revival comes on the heels of General Motors Co.'s announcement last week that it will cut more than 14,000 jobs and close five North American fac...


Tobacco giant Altria makes massive bet on cannabis

Altria Group Inc., the maker of Marlboro cigarettes, has struck a deal to buy a large stake in Cronos Group Inc ., a cannabis grower in Toronto. Altria ca...


Southwest Airlines flight skids off runway at Burbank airport

At the time of the incident visibility at the airport reportedly dropped to one mile amid the heavy rain. There are no reported injuries. Passengers were se...


Revisions eyed for rushed Australia encryption law, Australia/NZ News & Top Stories

But whereas the existing laws have allowed the government to request access, the new law gives it the power to compel companies to decrypt certain communication...


Skoda goes upscale with Scala compact hatchback

Buyers can order alloy wheels ranging up to 18in in diameter, too. The profile gets a dramatically contoured shoulder line ( Skoda calls it the tornado line)...


You won't wake the neighbours with this electric Aston Martin DB6

This is a pretty big step for the world of classic auto electric conversions , with customers now able to go to Aston Martin itself to ensure their car's his...


Jeep Wrangler Slammed with 1-Star Safety Rating in Euro Crash Test

It must be noted, the Euro NCAP awarded this rating despite the Wrangler's ideal score on side-impact tests. The Jeep Wrangler variant tested by Euro N...


Celebrities pay tribute to George H.W. Bush after former president's death

Perino, press secretary under President George W. Bush, said the biggest honor of her life is being able to say she knew the 41st president. Trump did not a...


China to 'immediately' apply measures agreed in trade truce with US

While at the conclusion of Saturday's working dinner, both the USA and Chinese delegations said that what amounted to a trade war "truce" between the leaders ...


China prepares to resume LNG and soybean imports from the US

According to the White House , the US will still keep in place $200 billion of tariffs on Chinese imports but will not increase those tariffs from 10 percent t...


Asian shares rally on Sino-U.S. trade truce, oil bounces

U.S. President Donald Trump said China has agreed to "reduce and remove" tariffs below the 40 percent level now charged on U.S. -made vehicles. Telecommun...


VW's planned departure from combustion engines becomes clear

The engines produced at that mid-2020s stage will supply the four mass-market Volkswagen Group auto brands all the way up until every Audi, Volkswagen, Seat a...


Cheescake Factory giving away 40,000 slices to celebrate 40th birthday

Police spokeswoman Ashley Savage says nearby roads were jammed, would-be delivery drivers were double-parked and there were reports of a fistfight. 'Find out ...


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