Finance

GM announces investment in Oshawa plant

As for those who remain on the look for a new job, GM says that it will offer "special relocations" for Oshawa employees at other Ontario plants. According to...


Asian shares give up early gains on China-US trade jitters

Trump raised duties on $250 billion of Chinese imports starting in July over complaints Beijing steals or pressures companies to hand over technology. "He jus...


GM's Cruise gets $1.15 bln new cash from T. Rowe Price, SoftBank

The second tranche of $1.35 billion will be made once Cruise's autonomous vehicles are ready for commercial deployment, the companies said at the time. GM's ...


Berkshire Hathaway gives Buffett's successors spotlight in annual meeting

At his annual shareholder meeting Buffett said: "It [Brexit] doesn't destroy my appetite in the least for making a very large acquisition in the United Kingdom"...


GM in talks to sell Lordstown plant to EV startup Workhorse

Should the project go forward, initial job numbers would be in the hundreds, said Ohio Gov. Mike DeWine, moments after fielding a call from GM CEO Mary Barra ....


Warren Buffett's Deputies are Choosing Shares Which are Beating His Own

The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydro, nuclear, and geothermal sources; operates...


Binance Hacked for $40,000,000 Bitcoin: What Actually Happened?

Binance said it had not yet uncovered the full extent of the loss, and other accounts may be affected. "The hackers used a variety of techniques, including phi...


PUBG Shut Down In China, Replaced By Near-Identical Patriotic Alternative

Often likened to the blockbuster book and film series "The Hunger Games", PUBG pits marooned characters against one another in a virtual fight to the death, a...


Uber, Lyft drivers plan to strike in cities across the U.S.

Average hourly pay for drivers, the analysis found, hovers around $9.21 after Lyft and Uber take their cuts (20% and 25%, respectively) and drivers pay fo...


Markets Right Now: Dow falls 500 points on trade jitters

Trump also exaggerated the total trade deficit with China, as he has been doing for years . Speaking at a daily press briefing, Mr Geng added that China ho...


FCC warns about 'one ring' robocall scam: Do not call numbers back

Their game? Realizing they have missed a call, some recipients dial back and are connected to a 900 number that charges per-minute fees. Consumers should be o...


Pixel 3a and Pixel 3a XL are Google's new mid-range smartphones

Pixel 3a purportedly has the same 5.5-inch screen size as the Pixel 3 , while the Pixel 3a XL will have a slightly larger 6-inch display. The Pixel 3a...


European Deal Signatories Criticize US Move On Iran Nuclear, Oil Sanctions

United Nations inspectors say that Iran has remained in compliance with the nuclear deal, which is still backed by European powers as well as Trump's Democrat...


China says trade envoys preparing to go to Washington

The Canadian dollar weakened to a 10-day low against its USA counterpart and oil prices took a hit from the ongoing worries about trade. "The Trade Deal with ...


Microsoft sets off new cloud services for AI & blockchain

The offering will arrive as a software developer kit later this year, and Microsoft plans to have its own Microsoft 365 integrations by the end of the year. Add...


Trump ups pressure on China ahead of last ditch trade talks

The next round of talks with a major Chinese delegation is scheduled to start on Wednesday in Washington. While the threats lower the chances that the talks w...


Deals you can score during National Nurses Week

Yet while aspects of the profession continue to evolve, nursing will at heart remain a calling that draws a special type of person - one who is willing to commi...


China trade dilemma: How to hold Beijing's feet to the fire

Fears that Trump's comments could sink the trade talks were compounded when the editor of China's Global Times newspaper said on Monday that China's vice pr...


US creates 263000 jobs in April, unemployment falls to 3

For now, Fed Chairman Jerome Powell will likely feel validated in having resisted such pressure. The dollar dipped versus a basket of currencies after the emp...


HSBC sees significant profit increase in Q1

Ewen Stevenson, chief financial officer, said the economic outlook had worsened since last summer, when the bank's chief executive John Flint unveiled new profi...


Berkshire Hathaway renews building lease in Omaha for 20 years

The Berkshire investment is contingent on Occidental completing its proposed purchase of Anadarko. "We have an investment company that is trying to be like W...


Tyson Foods expands recall of frozen chicken strips for metal contamination

Tyson Foods said in a statement Saturday that it expanded the voluntary recall originally issued on March 21 , after additional consumers recently reported f...


Sinclair to buy 21 regional sports networks from Disney

The sale - which includes RSNs in some of the nation's biggest markets - is valued at more than $10 billion. That hurt Disney's ability to command top dol...


Tesla to raise money after painful 1Q, and Musk is buying in

The company faces expensive challenges, including launching production in China, overhauling its USA retail and service operations and developing new models, in...


Microsoft empowers software developers with AI and blockchain

The company says that over 1.3 million developers use Azure Cognitive Services , and it's now announcing a new category called Decision . These services r...


Beyond Meat share price more than doubles in market debut

They traded up to $72 during the day, before closing at $65.75. The momentum resulted in increasing Beyond Meat market capitalization from 1.5 billion do...


Amazon Managed Blockchain Services Launched By Amazon Web Services

They gave the example of a "customer loyalty blockchain network that allows any retailer in the network to independently verify a user's activity across all mem...


Bank of England hints at slow hikes as growth outlook raised

According to the updated economic projections in the Quarterly Inflation Report, the Bank of England forecasts the economy to expand by 1.5% in 2019, higher f...


Amazon Got a Place in Berkshire Hathaway's Portfolio

The initial impetus of the portfolio managers has in the past heralded Buffett's eventual forays into some of their investments, often in big ways. He holds a...


U.S. adds 263,000 jobs, lowest unemployment rate since 1969

The unemployment rate fell to a five-decade low of 3.6 per cent from 3.8 per cent, though that drop partly reflected an increase in the number of Americans who ...


Activision Announces Better-Than-Expected Results for First Quarter of 2019

Net income was $447 million for the quarter, down from $500 million. "We are increasing investment in our biggest franchises to better deliver against our growt...


AOC rips Chase for tone deaf Monday Motivation tweet

Some, like presidential candidate and U.S. Senator Elizabeth Warren (D-Massachusetts), criticized the bank for admonishing customers amid rising costs of living...


Tesla Looks to Raise $2.3 Billion to Survive

The company said Thursday that it's offering $650 million of common stock and $1.35 billion in convertible senior notes due in 2024 in two separate offerings....


Chase Bank’s odd financial shaming gets torched on Twitter

You: I guess we'll never know . She spearheaded the idea for a Consumer Financial Protection Bureau that was created to provide stricter oversight of companies ...


Wall St's recent rally stumbles as Alphabet falls

Here is a summary of how some of the Street's top analysts reacted to the print. The company has a consensus rating of "Buy" and an average target price of $1,3...


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