Markets

Snapchat revenue soars despite losing users for the first time

Investors sent Snap's stock on a rollercoaster ride Tuesday following the company's Q2 2018 earnings release: Share prices for Snapchat's corporate parent gai...


Tesla share trading halted after Musk tweet boost

Technology dynamo Elon Musk announced Tuesday that he may take Tesla private, sending the Internet into a spiral of speculation about whether he was actuall...


Ontario government to announce buck-a-beer plan

Brewers are not required to charge the lower rate and few in the province sell at the current minimum. "Does he think reducing the beer price floor from $1.25 t...


Fetus discovered by crew on plane at NYC's LaGuardia Airport, sources say

Monday. The flight landed at Terminal B Monday night. A dead fetus has been discovered by cleaners on an airplane toilet. Fetus was thought to be 5 month...


Tesla Inc: Elon Musk says he's considering taking car-maker private

Musk owns almost 20pc of the company. At a share price of $420, Electrek points out that taking Tesla private would be a costly decision , to the tune of som...


Nutella is hiring people to live in Italy and taste its products

If you love Nutella, we have the flawless job for you! Nutella has such worldwide demand that mini-riots broke out in France in January when discounted cont...


Trump promises to stay the course on tariffs

However, a Chinese senior official attached to the country's Supreme Court recently expressed worry that the trade friction with the USA would result in bankrup...


Facebook asking U.S. banks for customers' financial info

The information would be used to offer new services to Facebook account holders. A deeper integration with banks would also give Facebook another way to nudge...


Mobile’s latest unlimited plan cuts out the extras

T-Mobile warns that during congested network hours " Essentials customers may notice speeds lower than other customers". Essentials includes unlimited mobile...


Buffett's Berkshire Hathaway reports a $12B 2Q profit

Class B to post earnings of $2.27 per share for the quarter. "The results here were really good across the board", said Jim Shanahan, a senior research analys...


5 killed in CA when plane crashes into parking lot

Ghanadan was previously identified by family members as a Realtor who was onboard the flight as part of a work-related trip. Orange County Fire Authority Capt...


PTI to nominate Imran as candidate for PM slot today

Mr Khan was nominated by PTI's parliamentary committee which met at a hotel, DAWN News TV reported. All MNAs-elect of the party had been directed to be presen...


Indra Nooyi to step down as PepsiCo chief executive

Ramon Laguarta , who has been with the company for more than two decades, will take over as CEO in October, the company said Monday. "With a deep understandin...


Coinbase Announces Ethereum Classic Support Is in Final Testing Phase

Before the Coinbase market opens for Ethereum Classic , the company will allow ETC transfers for 24 to 48 hours via Pro and Prime . Initially, deposits appl...


Trade War: Trump says tariffs are working

August 1: Trump ordered his trade representative to consider raising the planned tariff of $200 billion worth of Chinese products from 10 percent to 25 percen...


Foreign affairs minister ‘very keen’ to quickly wrap up NAFTA

Talks among Mexico, the United States and Canada to modernize the 1994 trade pact have dragged on since past year, after U.S. President Donald Trump said he wan...


Crude Price Suffers Over US-China Trade War

Beijing , however, agreed not to increase purchases of Iranian crude, said the officials who spoke on condition of anonymity. Trump withdrew from the Iran nuc...


Spontaneous California office lottery pool wins $543 million jackpot

Reyes picked up the winning ticket at to Ernie's Liquors, which is located at 2808 South White Road in San Jose, with the winning numbers 19-2-4-1-29 and the Me...


British Airways owner IAG warns of impact from strikes in France

While IAG stuck to its outlook, earlier this week major European rivals Air France-KLM and Lufthansa both upgraded their forecasts for unit revenue for 2018, ci...


Plane that took off from Concord crashes in Santa Ana, five dead

The plane was heading to the airport southeast of Los Angeles when it came down and struck an unoccupied parked auto in the lot of a Staples store and a CVS pha...


Royal Bank of Scotland pays first dividend since financial crisis

This will be paid out when it completes a $4.9 billion (£3.8 billion) settlement with the US Department of Justice over the sale of pre-crash financial products...


US trade deficit posts biggest increase in 19 months in June

Amid President Donald Trump's escalating trade dispute with China , the Commerce Department said the US had a $32.5 billion trade deficit with the communis...


WhatsApp to introduce ads in the app to earn more money

It plans to begin showing ads in users' status updates, and to charge big companies for sending messages to customers. Facebook said it has been testing a "...


Oil prices dip sharply on USA inventories

On Friday , the U.S. Department of Labor reported total non-farm payrolls increased 157,000 in July, lower than the net average gain of 203,000 over the last ...


Mediation call as Dublin-based Ryanair pilots stage fourth strike

The news comes as talks between the two parties made little progress. The strikes will coincide with stoppages by colleagues in Sweden and Belgium who announced...


The US unemployment rate fell to 3.9% in July

Update: Here's another chart, this one showing monthly job losses/gains in just the private sector since the start of the Great Recession. The U.S. "It app...


UK rates raised to highest since 2009 despite Brexit worries

How will it affect mortgages? Most economists believe a rate rise this month would be the only one in 2018, with the next one not due until at least February...


Huawei sees smartphone shipments rebounding in 2018 to…

Huawei , which now stands at the second spot in terms of overall smartphone shipments globally, shipped more than 100 million phones this year so far, which m...


China rejects US demand to cut Iranian oil imports

Economic woes are sparking sporadic, leaderless protests across the country. It has warned countries which ignore the policy will face USA sanction, even if t...


Foodora To Leave Australia By The End Of The Month

The Fair Work Ombudsman took the food delivery company to the Federal Court in June, alleging that two Melbourne bike riders and a Sydney driver were classe...


Fiat Chrysler Looking To Block Mahindra Jeep Knock-Off In U.S.

According to Bloomberg , Fiat Chrysler in its petition to the US International Trade Commission asking the organization to conduct an investigation into th...


Hundreds Ill From Parasite In McD Salads — CDC Report

The CDC received reports of people feeling ill after eating at a McDonald's restaurant in Minnesota, Missouri, Nebraska, South Dakota, and Wisconsin. Shortl...


Tesla Posting Strong Gain On Upbeat Q2 Revenues, Profit Forecast

Following the transaction, the vice president now owns 20,964 shares in the company, valued at approximately $7,531,736.28. Forward P/E of Tesla, Inc .is stand...


House of Fraser plunges into crisis as rescue deal falls through

A legal challenge contesting the process has been made by landlords. Sky News was first to reveal that the troubled retailer had turned to Mike Ashley, the ...


Conor McGregor returning to the UFC in October for lightweight title bout

Meanwhile the Notorious has already been added back into the Lightweight rankings as the number 1 contender, with Tony Ferguson and Dustin Poirier making up the...


Red alerts for Portugal, Spain amid 'extreme heat'

Northern Europe is also suffering. Civil protection sent mobile text alerts warning the population of an extreme risk of fires in some regions, including ar...


Hundreds report illnesses after eating at Ohio Chipotle

The Powell outlet said in a phone call that it was working to get the restaurant open by Tuesday afternoon. Chipotle plans to reopen the restaurant Tuesday, c...


Despite changes, Moe still calls carbon tax ‘economic poison’

Somewhat surprisingly, given Saskatchewan's long-standing opposition to any form of carbon taxation, the document says the province, "Would have no constitution...


China warns it could retaliate with tariffs on $60B

A spokesman for China's foreign ministry appealed to Washington to negotiate but could not confirm reports the two sides were setting up talks. Chinese Fo...


European Union touts jump in soybean imports from U.S.

It's the last item - direct payments to farmers - that will likely have the biggest price tag and is generating the biggest controversy . What Happened: U....


U.S.'s Kudlow Trash Talks China Calling It ‘Lousy Investment’

On March 1, President Donald Trump announced that the USA would be slapping a 25 percent tariff on all steel imports and a 10 percent tariff on all aluminum i...


Apple Becomes The World's First $1 Trillion Company

Heck, Amazon.com ( AMZN , $877 billion), Google parent Alphabet ( GOOGL , $852 billion) and Microsoft ( MSFT , $825 billion) aren't all that far behind th...


Molson Coors Canada and Hydropothecary announces a joint venture

A chief executive officer will be named in the coming weeks. HEXO, based in Gatineau, Que., now has more than 300,000 square feet of production capacity with ...


Apple just became the first $1 trillion public company

And with shares priced at just 15.2 times expected earnings, the market has adjusted to the new reality. Some progressives take issue with all the money Apple ...


Turkey's Cavusoglu tells US' Pompeo threats and sanctions won't work

Treasury and Finance Minister Berat Albayrak on Thursday called the USA sanctions on two Turkish ministers "unacceptable". Pompeo's trip began with a meet...


China warns of retaliation if USA takes more trade steps

Meanwhile, Treasury Secretary Steven Mnuchin is reportedly privately discussing the possibility of reaching a trade agreement with China's Vice Premier Liu He...


China manufacturing PMI falls amid steep drop in export orders

The headline seasonally adjusted Purchasing Managers' Index™ (PMI™) - a composite indicator created to provide a single-figure snapshot of operating conditions ...


Apple $1 trillion milestone: Here’s why it matters

But that peak coincided with a Chinese stock-market bubble, and PetroChina's shares would lose $800 billion in value over the next 10 years. The milestone ...


China stands its ground after Trump amps up tariff threats

Washington and Beijing are locked in a battle over American accusations that China's export economy benefits from unfair policies and subsidies, as well as fro...


BoJ raises ceiling for JBG yields but cuts medium-term inflation forecasts

Bank Wealth Management in Helena, Montana. MSCI's broadest index of Asia-Pacific shares outside Japan was also down 0.3 percent while Australian shares were m...