Finance

Amazon CEO Jeff Bezos says Enquirer threatened to publish revealing pics

Pecker" and included copies of emails from AMI. That same day, the National Enquirer touted it was publishing alleged intimate text messages between Bezos ...


Corbyn faces Labour backlash over Brexit offer to May

The Swiss banking group is the latest financial institution to disclose a material transfer of its business away from London ahead of Britain's departure from t...


Investigators say CP train moved on its own before derailment

Their shared plan was to maintain careers with CP Rail, retire together and then golf all around the world. "And all his friends and family, especially his brot...


At least two killed after building collapses in Turkey's Istanbul

An aerial picture taken with drone shows rescuers working at the site of a collapsed building in Istanbul, Turkey, 06 February 2019. Some residents have bee...


GM rebounds with US$8b profit on strong pricing

The company plans to close five United States and Canadian factories and eliminate a total of 14,000 salaried and blue-collar jobs as part of a giant restructur...


Tesla Model 3 price cut again, now starts at $42,900

Rows of new Tesla Model 3 electric vehicles are seen in Richmond, California. The price doesn't include federal and state tax credits. All versions of the...


BB&T will buy SunTrust in deal worth $66 billion

The combined company will be the sixth-largest USA bank based on assets and deposits. The banks hope to close the deal later this year. The deal comes at a ...


Nancy Pelosi Slights Green New Deal: 'Green Dream or Whatever'

The resolution is the first formal attempt by lawmakers to define the scale of legislation to create large-scale government-led investments in clean energy an...


Angela Ahrendts: Former Burberry boss to step down from Apple

She was the highest-ranked female executive at Apple and a top candidate to succeed Tim Cook as CEO. But the shine of its signature stores has dimmed, and the...


Monetary Policy: RBI cuts key policy rate to 6.25%

This is the first policy statement issued by the RBI under its newly appointed governor Shaktikanta Das . "On the basis of an assessment of the current and e...


Oil price surges amid OPEC cuts & United States sanctions against Venezuela

Another factor behind the oil market rally is the supply cuts imposed by the member-states of the Organization of the Petroleum Exporting Countries (OPEC) and a...


Trump nominates 'happy warrior' to lead World Bank

The nomination of Malpass signals that the Trump administration wants a firmer grip on the World Bank. Malpass has served as Treasury's Under Secretary for In...


Oil Slides on Disappointing U.S

USA government data on Wednesday showed that domestic crude inventories rose by less than expected last week even as refineries hiked output. "The fact that U...


Mazda teases possible CX-3 ahead of Geneva launch

Said by the Japanese car-maker to preview a "new Mazda compact SUV" and a "brand-new addition to the Mazda line-up", the new model is expected to be positioned ...


EA Shares Plunge Following Disappointing Q3 Battlefield V Sales and Mobile Revenue

Battlefield V wasn't the only disappointment though, as Federation Internationale de Football Association 19 saw no rise in sales over Federation International...


China trade war could benefit Europe, Mexico, Japan

Of the approximately $85bn in USA exports that are subject to China's tariffs, only about 5% will be taken up by Chinese firms, the United Nations research show...


General Motors starting 4,300 white-collar layoffs this week

GM has a broader plan that will see three North American assembly plants and two component factories close by the end of 2019. The move also will allow GM to de...


Apple Will Pay France $571 Million in Back Taxes

The iPhone maker has been under pressure to pay taxes to European Union countries after it was found to have engaged in legal financial chicanery to drastically...


Trump picks World Bank sceptic David Malpass to lead institution

The Trump administration has notified World Bank shareholders that President Donald Trump intends to pick senior Treasury Department official David Malpass as...


United States oil prices edge up as market eyes tighter supply

International Brent crude futures were up 33 cents, or 0.53 percent, at $62.84 a barrel, down from a high of $63.63. This comes one day after both WTI and Brent...


Charlotte Russe Files for Bankruptcy, Will Close Nearly 100 Stores

Its footprint spans 512 stores throughout the US, mostly in malls and outlet and lifestyle centers. Mounting debt and sluggish mall traffic has taken a toll o...


Aussie bank shares soar as banking report goes softer than expected

Chief executive Susan Mitchell said Commissioner Kenneth Hayne's recommendations needed to be "thought through carefully" by decision-makers and cautioned again...


Google parent beats Wall Street estimates, but spending worries investors

Cost per click on Google properties such as YouTube and Google Search, dropped 29 percent from a year ago and 9 percent from last quarter. Overall, Alphabe...


Quadriga: Cryptocurrency exchange founder's death locks $140m

Cotten allegedly held " sole responsibility for handling the funds and coins " for an exchange that boasts roughly 26,500 Bitcoin ($92.3 million USD), 11,000 ...


Reasons Tesla’s Buying Maxwell Technologies, According to Analyst

The deal is detailed in a letter from Maxwell and an 8-K Filing with the SEC filed by the company on February 4th, 2019. The company now offers its products i...


Tesla begins sales of cheaper Model 3 car variant in China

The new pricing by the California-based EV maker reflects its desire to keep its mainstream auto appealing despite the ongoing trade issues between the USA and ...


More bad news for digital media as Vice cuts 10% of workforce

CEO Nancy Dubuc, who took the reins from founder Shane Smith as its first outside CEO a year ago, wrote in a memo to staff: "Having finalized the 2019 budget, o...


India's Reliance lays out debt resolution plan

The company said the key elements of the plan would remain unchanged. It was very hard for RCom to get consensus from 40 lenders, and the NCLT process ensures t...


Fast Food Super Bowl Sunday deals 2019

They are offering $7.99 large two-topping pizza online only, as well as 20% off at the National Football League shop if you order a pie on game day. They ...


Watch the first firing of SpaceX's new Starship Raptor rocket engine

In an earlier tweet , Musk said SpaceX would start out making a 440,000-pound-thrust version of the Raptor, to be used on the Starship interplanetary spaceship...


Ryanair posts loss amid winter competition

Europe's biggest low-priced carrier carried 32.7 million customers in the three months to 31 December, up 8%, and revenues rose 9% to €1.5bn. Ryanair will cha...


Mercedes-Benz Stadium Roof Will Be Closed During Super Bowl LIII

A general view of Mercedes-Benz Stadium during the New England Patriots Super Bowl LIII practice on February 02, 2019 in Atlanta, Georgia. But Super Bowl ...


Dog food recalled for high Vitamin D content

Following the FDA's recall of several dry dog food brands containing toxic levels of vitamin D back in Decemeber, it has now expanded to include at least one br...


Lyft is suing over New York's minimum pay for drivers law

New York City passed the nation's first minimum wage for ride-sharing drivers in December, guaranteeing a minimum wage of at least $17.22 per hour after expense...


GM Will Begin Massive Layoffs. Here's How Many Jobs Are Being Axed

Catharines Propulsion Plant - would be impacted. About 4,000 General Motors workers are about to lose their jobs. The job reductions, part of GM's previous...


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