Markets

Tesla in fatal Florida crash had Autopilot on, NTSB says

The National Highway Traffic Safety Administration (NHTSA) is also probing the Delray Beach crash. The crash is nearly identical in nature to the first Auto...


You Can Now Request a Quiet Ride With Uber Black

This is the first time the option has been available on the Uber app. The Therapy Ride could be exactly what some people need: when you just want to vent to...


Race to place: Walmart speeds up delivery in race with Amazon

The service, which Walmart is calling NextDay, is available in Phoenix and Las Vegas and is expected to launch in Southern California later this week. Membershi...


Heartland GOP Leaders Looking To End China Tariffs ASAP

The prospect of China slapping tariffs and downsizing purchase of beef, soy, corn etc United States agri sector, but Trump is quite sanguine, maintaining "Our...


Bitcoin climbs above $7 000 as cryptocurrency rally extends

Bitcoin jumped above the $7,000 level as its longest winning streak since 2013 continued to rekindle the global cryptocurrency market. "Blockchain Week is un...


Amazon offers Employees $10,000 to Quit their Jobs & Start Package Delivery Business

As part of the extended program, which the company hopes will speed up delivery times , Amazon employees will leave their jobs to start their businesses. T...


How major USA stock indexes fared Monday

Investors around the world fear a protracted trade war in which both the United States and China continue to raise tariffs . Investors are concerned about ...


China to impose tariffs on $60 billion of United States goods

Fox News reporter Chris Wallace took National Economic Council director Larry Kudlow to task on Sunday after President Donald Trump falsely claimed that his...


Monsanto must pay couple $2bn in largest verdict yet over cancer claims

The jury ordered the company to pay $1bn in damages to each of them, and more than $55m total in compensatory damages. It's the third consecutive verdict agai...


Global stock markets plunge after China responds in kind to United States tariffs

A Bank of America Merrill report showed new tariffs pose a downside risk to 2019 earnings per share of 1 per cent to 3 per cent for S&P 500 companies in case of...


U.S. blames Iran for ship attacks off the UAE coast

India was able to buy about 300,000 barrels per day (bpd) of Iranian oil under the waiver. No one has claimed responsibility. The team of USA military experts...


Trump's tariff wars could wipe out a chunk of tax cut benefits

Many economists predicted the tariffs imposed on steel, aluminum, and Chinese imports previous year would have much bigger economic effects than they have. The ...


China calls on U.S. to remove extra tariffs

Earlier Friday, the USA increased tariffs on approximately $200 billion worth of Chinese goods from 10 percent to 25 percent. Details on the process for publi...


US Supreme Court Rules Against Apple, Allows Antitrust Suits

The plaintiffs said the Cupertino, California-based technology company required apps be sold through its App Store and extracted an excessive 30 percent commi...


Uber Shares Drop Below Opening Price on Its IPO-and Stay There

The result was a notable contrast from other high-flying IPOs this year, including Pinterest, Zoom Video, and Beyond Meat, which surged in their debuts. Gig Wor...


Trump Administration Awaits China's Response After Tariff Spike

Trump on Friday more than doubled tariffs on $200 billion of Chinese goods, boosting the rate from 10 percent to 25 percent, while also moving to impose tari...


State Bank of India says two bids received for Jet Airways

SBI had invited binding bids for a stake in the airline, which is saddled with roughly $1.2 billion in bank debt. "This world lives on hope so there is hope t...


Trump defends tariffs on China despite advisor claims

These goods are then shipped to China, from where they are exported to the U.S. after value addition, according to the National Economic and Social Development ...


China Stacks Iranian Oil Before U.S. Waiver Ended

It is the highest amount of purchase of Iran's top oil customer since August 2018. A third source said Sinopec, who buys the majority of China's Iranian oi...


Canada's labour market surprises with biggest one-month gain since 1976

There was little change in other provinces. That shift in rate expectations also influenced activity in the Canadian dollar, which traded late in the day at 7...


Trump Says Beijing Broke Trade Deal During US-China Talks

Later Trump said the US-China trade talks were "candid and constructive", but no deal was reached as new tariffs kicked in. China wants them lifted; the USA w...


Dyson offers a first glimpse of its electric auto plans

A patent published this week by electrical appliance mainstay Dyson shows a vehicle with a long-wheel base and reclining seats that has some suggesting the va...


VW ID 3 racks up 10,000 deposits in first day

Volkswagen has taken a page out of Tesla's book, and thrown open reservations on the new VW ID.3 all-electric city auto. Stackmann said VW will initially ele...


Amazon Echo Dot Kids Violates Privacy Rules, Advocates Claim

It captures the voice recordings of the children who speak to it as well as "vast amounts of their personal information", the senators allege. The senators ...


Uber stock drops in rocky debut

Nevertheless, the offering values Uber at $82.4 billion - impressive, no doubt, but less than the $100 billion forecast Uber floated to investors this year an...


Australia's interest rate held at 1.5 pct for 33rd month

The Australian dollar strengthened and the stock market fell slightly on the decision. "Given this assessment, the Board will be paying close attention to d...


Facebook co-founder speaks against Mark Zuckerberg

He said Zuckerberg is meeting with government leaders this week to work on developing such rules. "But I'm angry that his focus on growth led him to sacrifice...


GM, union reach agreement to convert Oshawa plant into manufacturing, testing facility

This, Unifor said, will retain 300 jobs in the city, with the potential to grow in years to come. "This transformation plan is very significant as it position...


USA increases tariffs on $200bn of Chinese goods as trade talks continue

U.S. President Donald Trump vowed not to back down on imposing new tariffs unless Beijing "stops cheating our workers", as two-day talks begin in Washington ...


GM Cruise gets $1.15 billion investment from group including SoftBank fund

Honda announced in October that it would invest $750 million in GM Cruise and spend some $2 billion over the next 12 years to fund projects at the GM unit. At...


Workhorse To Buy GM's Lordstown Factory To Build Electric Pickup?

But it was unclear who would own the rest. "This potential agreement creates a positive outcome for all parties involved and will help solidify the leadership...


Apple launches 'its own' game on App Store that features Warren Buffett

Warren Buffett's Paper Wizard lets players fling newspapers, rewarding them with a special currency called Warren Bucks. Players move from Omaha to Cupertino, ...


Hackers stole $41M of bitcoin on one of world’s largest crypto exchanges

And he added that he was asking other exchanges to block bitcoins associated with the hacked wallet from being transferred elsewhere, which would render them l...


Tencent reportedly replaces PUBG in China with 'patriotic' alternative

The game premiered informally in China in February 2018, but Tencent could not charge players and receive commercial gains, though the game was one of the mos...


Uber drivers strike on May 8 before IPO to protest low pay

The ride-sharing company Lyft surprised investors last night with a quarterly revenue rise of 95 per cent to $776 million in its first report since becoming...


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

The "One Ring" robocalls are known as " Wangiri ", which comes from Japan where the scam originated several years ago and means one-ring-and-cut. The latest w...


May 2019 Android Security Update Goes Live for Pixel Devices

For starters, we already knew that Pixel 3a was going to come with a 5.6-inch display when we saw that spec appear on the retail packaging . There are ex...


US Works To Ensure Alternative Oil Supply To India

Similarly , the semi-official Iranian Students' News Agency (ISNA) reported that Iran on Wednesday will announce "reciprocal actions" to the United States wit...


Trump's tariff threat leaves Beijing stalling on next talks

Treasury during 2018 was due to "costs paid by consumers in the form of higher prices". "There is still a question of whether this is one of the famous Trump...


Why did Trump threaten to raise China tariffs - and what now?

Trump said the decision to raise tariffs Friday was a result of prolonged negotiations to end the ongoing trade war between the two countries. Chinese Vice ...


Unemployment Drops To 3.6%, Payrolls Up 263000, Showing Economy Remains Strong

The U.S. Federal Reserve on Wednesday left interest rates unchanged and downplayed concerns about weak inflation, as the central bank saw no need to alter its...


Bank of England keeps rates at 0.75 per cent

The Bank warned the fillip is to fade fast with growth expected to slow to 0.2% over the second quarter as the United Kingdom faces Brexit uncertainties. The ma...


Billionaire Warren Buffett gives new hint about his successor

Berkshire Hathaway Inc., based in Omaha, Nebraska, owns a range of businesses including insurance, railroads, jewelry stores as well as major investments in Am...


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

The fundraising, which will involve sales of shares and debt, comes despite Elon Musk , the chief executive, insisting previous year that Tesla would not need ...


HSBC beats estimates with 31% Q1 profit rise as expenses fall

Effective July 2018, access to full reports will only be available with a subscription. Adjusted operating expenses rose 3.2 percent in the quarter, compared ...


Microsoft unveils Blockchain Manager to help develop blockchain apps

Morgan and Microsoft blockchain programs, as well as providing a platform for Quorum customers to build blockchain networks and applications. ABS wi...


Tyson recalls additional 11.7 million pounds of chicken strips

Tyson also recalled 36,000 pounds of chicken nuggets in January over rubber contamination fears. The new recall brings the number to 11.8 million pounds. Es...


Sinclair Clinches Disney-Regional Sports Networks Deal, Byron Allen Joins as Partner

The networks include local cable channels in markets such as St. Louis, New Orleans and Detroit, and the rights to the games of 42 teams - 14 Major League Baseb...


Activision Blizzard Surpass Estimates and Beat Outlook

The company runs the Toronto Defiant, who landed a franchise expansion slot in the Overwatch League. Activision unveiled the first five teams for its ne...


Vegan burger maker Beyond Meat sizzles in market debut

Beyond Meat's plant-based patties and sausages could be particularly useful for meat-lovers who are trying to eat healthier and those who are suffering from ...