Markets

China Buys U.S. Soybeans for First Time Since June

The U.S. has already implemented 25 percent tariffs on $250 billion worth of Chinese goods. But in a series of tweets, Trump says China failed to live up to t...


Facebook Says Libra Digital Currency May Never Launch

David Marcus, who's spearheading the development of Libra and the Calibra digital pockets mission at Fb, has acknowledged the currency will seemingly be "a ex...


Southwest Airlines flight attendant climbs into overhead compartment

On Monday, passenger Veronica Lloyd shared a video of the unusual moment to Twitter and questioned the attendant's antics. The video shows a flight attendan...


FTC on Equifax settlement: Take credit monitoring over cash

To make matters worse, the FTC's offer of free credit monitoring for four years might not be much of a deal, as credit monitoring "is of limited effectiveness...


Tesla advances towards storing renewable energy

Credit: Tesla "Megapack significantly reduces the complexity of large-scale battery storage and provides an easy installation and connection process". That ...


USA central bank cuts interest rate for 1st time since 2008

Greenspan told Bloomberg Wednesday that "forecasting is very tricky" and while the economy appears on solid footing now, some events can be so risky to the ...


Uber axes 400 jobs globally after posting $1-B Q1 loss

Since then its shares have hovered around its $45 IPO price. Uber employs almost 25,000 people globally, nearly half of whom are based in the US, as per a...


Percent of Food Delivery People Eat Your Food

Other bad behaviors from delivery drivers include staying in their vehicles and passing food through windows. Almost 30% of food delivery app messengers confe...


Air Canada expects third quarter turbulence due to grounded Max 8 aircraft

Mr O'Leary said that in Germany budget airline Air Berlin was "selling excess capacity at below cost prices", while in the UK, "Brexit concerns weigh negatively...


United States stocks slip ahead of Fed meeting

S&P 500 measures the performance of 500 widely held common stocks of large-cap US companies. Seven out of 11 S&P 500 industry sectors light up red, with consu...


I-T Dept’s statement brings political twist to case — VG Siddhartha missing

Deputy Commissioner of Police Hanumantharaya told The Straits Times yesterday: "The search is going on". Sniffer dogs were also used to see if they could pi...


Gold prices move higher today, silver rates firm

Gold prices firmed on Monday on expectations of a rate cut by the Federal Reserve this week, while investors awaited cues on the future trajectory of monetar...


Trump Ratchets Up Pressure for Fed Rate Cut

The US President has historically hammered the Federal Reserve for not slashing interest rates to a suitable level ever since he entered the White House, demand...


London Stock Exchange confirms $27 bn Refinitiv takeover talks

In point of fact, news of a latest dispute on London Stock Exchange's $27 billion takeover deal for the UK-based financial data analytics firm Refinitiv , came...


Facebook's Like button poses GDPR risks to host websites

The judgement by the EU Court of Justice involves Fashion ID, a German online retailer that was accused of violating EU law by its use of the embedded Like plug...


Massive breach compromises data at credit card giant Capital One

A hacker has broken into the Capital One Financial Corporation systems and obtained information, including personal data, on more than 100 million applica...


Elon Musk Announces Cool New Features For Electric Car Line

There is, however, a chance of YouTube nad Netflix streaming working when your auto is moving. But this is the first time we can think of where Netflix c...


Takeaway confirms takeover talks with Britain's Just Eat

According to Takaway.com if the agreement in principle is passed, shareholders in Just Eat will receive shares in Takeaway.com as part of the merge. The compa...


Sun’s Law: The Only Explanation for This Tron Dumpster Fire

The parties have "agreed to reschedule at a later date". This claim was echoed by the Tron Foundation, which tweeted: "Tron Foundation announces postponeme...


Capital One announces data breach; about 100 million people affected

In addition, company officials reported that 140,000 Social Security numbers belonging to the company's credit card customers were stolen, along with 80,000 lin...


Best place for wings

This has got to be one of the better made-up holidays: National Chicken Wing Day , that is. Buffalo Wild Wings is offering a special deal in honor of Nati...


Audi A1 Citycarver revealed: posh hatch gets rugged

The high-riding A1 Sportback is here, but it doesn't use the usual Allroad moniker, as Ingolstadt has made a decision to call it the Citycarver instead, proba...


Ryanair boss warns Boeing 737 Max crisis could lead to job cuts

Average summer fares at Europe's largest low-priced carrier will likely fall by 6% compared to past year, as airlines cut prices to stimulate demand, particular...


FTC Has Fined Facebook With A Record Amount Of $5 Billion

The SEC, as it said in a statement , also accused Facebook "for making misleading disclosures regarding the risk of misuse of Facebook user data". At the sam...


FedEx's claimed misdelivery of Huawei packages not true: investigation

The Chinese authorities said an investigation of FedEx Corp. found the company violated the law by failing to deliver more than 100 packages from tech giant Hua...


Apple Card expected to be launched in August

Goldman Sachs spokesman was quoted by Bloomberg as saying: "Apple is a great partner and we together are excited about delivering a product that we think cust...


Your Data Could Of Been Exposed In Equifax Breach

As part of the settlement , which received preliminary approval in federal court on Monday , Equifax will pay $ 300 million into a restitution fund meant to ...


European Central Bank pledges more policy easing, opens door to rate cut

While there was plenty of activity in the markets today in specific sectors like biotech, USA stocks as a whole fell on Thursday after the European Central Bank...


Nissan to axe 12,500 jobs after Q1 profit drops 98.5%

According to The Guardian, Nissan will also reduce its global production capacity by 10% by the end of 2022 and cut the size of its product range by 10%. Pa...


SoftBank unveils investment fund to drive 'AI revolution

Softbank officially confirmed that it would invest $38 billion in this second round of funding. Apple has teamed up with investors including Foxconn , ...


Concerned citizens slam Tokyo over downward spiral in ties with South Korea

US National Security Advisor John Bolton shakes hands with South Korean Foreign Minister Kang Kyung-wha at the Foreign Ministry in Seoul, South Korea, on Wednes...


Amazon's Revenue Growth Accelerates

However, we think that these investments will facilitate better engagement with consumers (increased order frequency allows Prime members to evaluate higher-m...


Are Facebook users better off after its $5 billion fine?

In 2012, Facebook signed an agreement with the FTC for using deceptive disclosures and settings. " Facebook has already written this penalty down as a one-ti...


Tesla shares drop after co-founder's departure and disappointing earnings

Tesla has reported a second-quarter loss even as it made record deliveries, prompting renewed questions about the company's future in a year when investor conc...


Tesla Sets Record for EV Deliveries, but Losses and Solar Shrinkage Endure

The electric vehicle manufacturer reported a second-quarter adjusted loss of $1.12 per share, exceeding analysts' predictions of an adjusted loss of 35 cents ...


Toddler Injured After Being Swept Into Luggage Scanning System On Conveyor

That's when the boy disappeared, went behind a ticket counter and ended up in a TSA bag room. He remained on the belt for almost five minutes, coming to a sto...


Ford F-150: all-electric pick-up tows 1 million pounds

Ford recently released a video showing off the power and capability of the electric F-150. Next, all cars get loaded with regular, gasoline-burning Ford F-150...


Trump, Johnson eye 'substantial' trade deal in first call

He says that with Brexit , "we could do much, much more trade and we expect to do that". The spokesman added: "The Prime Minister and the President also disc...


Gold prices are expected to trade higher today: Angel Commodities

Some might capitalise on volatility to push prices slightly lower and buy back after the dip. Amid tepid data from the world's largest economy, investors expe...


North Korea missile tests no threat to US

Initial reports said both missiles travelled about 430km, reaching an altitude of 50km, before falling into the Sea of Japan , also known as the East Sea. Ki...


Apple's new Mac Pro won't benefit from tariff waivers, says Donald Trump

Tech companies say the tariff would increase costs for consumers or harm their abilities to make a profit. Apple's Mac Pro has become a flashpoint in the on...


U.S. and United Kingdom working on 'very substantial' trade deal

He was heckled loudly by an opposition determined to thwart him, with Labour Party leader Jeremy Corbyn dismissing Johnson's "arm-waving bluster". The proposa...


USA economy slowed in April-June quarter

Gross domestic product grew at an annual rate of 2.1 percent in the three-month period from April to June, down from 3.1 percent in the first quarter , beatin...


International Business: Trump threatens tariffs on French wine over tech tax

The U.S. has been threatening retaliation and the president took to Twitter this afternoon vowing they will act in response to the tax on "our great American...


Southwest Cuts Newark Flights,Reports Second-Quarter Results

Where it had expected capacity growth of 5% over 2019 compared to last year, they are now predicting a contraction of 1-2% by the end of the year. The plane h...


Swiss privacy watchdog seeks details on Facebook currency

Facebook Inc's (FB.O) Libra cryptocurrency project has not responded to an information request by Switzerland's data privacy watchdog, the authority said...


Boeing posts almost $3 bln quarterly loss

Boeing's 737 MAX aircraft have been grounded globally since mid-March. The provision will be used to compensate airlines for cancelled flights and deliveries...


Huawei unit cuts more than 600 jobs following US sanctions

However, the telecommunications giant has mostly been cut off from those suppliers since the Department of Commerce added Huawei to the Entity List in May, requ...


All-Electric F-150 Prototype: Tows 1M+ Pounds | F-150 | Ford

Yes, you read that right: 1,000,000 pounds. Why? Then Ford loaded those cars up with 42 gas-powered F-150s, representing 42 years that the F-150 has been Am...


China's new Nasdaq-style STAR Market plunges on second day of trading

That was despite shares having been suspended twice throughout the day by circuit breakers meant to slow a burst in trading. The weakest performer leapt 84.22%....