Markets

Popular heartburn drug Zantac recalled over cancer fears

CVS says it is not recommending people stop taking the medicines, however, it is encouraging customers who bought any of these products to return them for a ref...


Forever 21 fashion chain files for bankruptcy protection

Forever 21 operates a handful of stores in the United Kingdom, including a flagship store on London's Oxford St, which is the only store expected to remain open...


Company tells UAW it will now cover health care for striking workers

Stay in touch with us anytime, anywhere . In addition, GM insists a more flexible staffing model provides many benefits to traditional hourly workers and the ...


Delta Air Lines Purchases 20-Percent Stake in LATAM for $1.9 Billion

The plan envisions growth for both carriers, which now overlap on only one route, Chief Executive Ed Bastian told Reuters. As a result of the deal, Delta ...


Venezuelan Central Bank can replenish its reserves with bitcoin and ether

USA sanctions against Nicolas Maduro's authoritarian regime have largely isolated Venezuela from the global financial system, exacerbating one of world's most...


Wells Fargo Names Banking Veteran Charles Scharf As President, CEO

Wells Fargo & Co named banking veteran Charles Scharf as chief executive officer on Friday, the lender's third CEO since a wide-ranging sales scandal erupted th...


The strike at British Airways causes profit forecast correction

IAG now expects the operating profit for one-off items to be 215 million euros lower this year than a year earlier. IAG reported a profit of €3.49bn in 201...


Trump considers delisting Chinese firms

Under consideration is a delisting of China-based stocks that trade on USA exchanges and removing some of those companies from certain funds. The news agency al...


McDonald’s launches vegan Beyond Meat burger

Wahlgren said: "We've been working on our ( Beyond Meat PLT ) recipe and now we're ready to hear feedback from our customers". Its launch starts a 12-week t...


FTC sues Match.com over messages from fake users — Match.com lawsuit

The agency is also alleging the dating service didn't provide users with enough information on how to redeem its offer of a free subscription for six months, or...


China Stocks Plunge as White House Weighs Investment Curbs

USA media reported around noon that White House officials were discussing curbs on US investors' portfolio flows into China , including possibly blocking a...


Tesla Rolls Out Software Update, Adds Netflix, YouTube, Spotify & More

Users can access Netflix, Hulu, YouTube Spotify and the new feature "Car-aoke" that lets them host a karaoke show to stay occupied on long trips. And it isn...


EBay CEO Devin Wenig steps down after conflicts with board

The eBay board also said that it will undertake a search to identify the company's next CEO and will consider internal and external candidates. As The Wall S...


Japan Airlines introduces tool to allow passengers to avoid babies on flights

Buried on the national carrier's website is a simple webpage which maps out seats that are (and probably more importantly) are not close to the seats booked for...


SoftBank Seeks to Oust Adam Neumann as WeWork CEO

The embattled CEO of WeWork , Adam Neumann , is facing more backlash which has top-level insiders pushing for his resignation. Banks that provided a US$500 ...


Meghan dresses Archie in budget $23 dungarees for royal tour appearance

Visiting the Archbishop Desmond Tutu and his daughter Thandeka Tutu-Gxashe, the four-month-old infant let out a giggle when Tutu-Gxashe laughed: "Is that amus...


Study suggests teabags release millions of microplastic particles in your beverage

Nathalie Tufenkji published a study Wednesday in the US journal Environmental Science & Technology that examined the amount of microplastics and nanoplastics ...


Rising consumption, enough loan demands - economy is looking up, says Nirmala Sitharaman

Kotak said the private banks think in terms or "one country, one financial system". During the upcoming festival season, the demand will pick up, she said. ...


DoorDash data breach affected 4.9M customers, drivers, merchants

The breach, reported earlier by TechCrunch , exposed information like names, email addresses, delivery addresses, order histories, phone numbers and passwords....


US Federal Reserve cuts interest rate for second time this year

The U.S. Fed on Wednesday lowered interest rates by 25 basis points amid growing risks and uncertainties stemming from trade tensions and a global economic slow...


Police Tesla runs low on juice during high-speed chase

According to the spokesperson, the officer in the previous shift forgot to charge the auto before leaving, and officer Hartman didn't do it because he assumed i...


McDonald's launches global Beyond Meat burger test in 28 Ont. restaurants

The burgers will be available in 100 Wegmans supermarkets in seven states, and two Fairway stores in New York's Manhattan - increasing the number of nationwid...


Modi announces $150 million line of credit to Pacific island nations

In his speech at the ceremony, PM Modi dedicated the award to the citizens of India, who had helped take the campaign and transform it into a movement. India is...


Juul CEO to exit as Philip Morris and Altria end merger talks

The nation's largest e-cigarette maker also pledged Wednesday not to lobby against a sweeping ban on vaping flavours proposed by the Trump administration earlie...


Kik closes app, lays off staff to focus on SEC cryptocurrency battle

The SEC has now accused Kik of selling unlicensed securities . " Kik is one of the largest apps in the US". Kik Messenger will shut regardless of ha...


Details about the Bakkt Futures contract - It's been a slow start

The block reward halving refers to the roughly four-yearly drop in the reward miners receive for validating each block of Bitcoin transactions. Su Zhu, the CI...


Nissan, Ghosn fined $16m for failing to disclose pay

The SEC claimed that Ghosn and his Nissan subordinates concealed more than $90 million of his compensation from investors and public disclosure starting in 20...


Rebekah Neumann will reportedly step down from roles and titles at WeWork

The news was first reported in Bloomberg by Michelle Davis, Ellen Huet, and Gillian Tan . SoftBank invested in We Company at a US$47 billion valuation i...


Pelosi plans announcement as calls to impeach Donald Trump intensify

House Speaker Nancy Pelosi announced a formal impeachment inquiry against President Donald Trump during a Tuesday evening press conference. "The presiden...


US Pres. Trump: US is seeking justice regarding trade with china

While the nations of the world could cooperate for the common good, he argued, citing examples such as the pending U.S. -Mexico-Canada free trade agreement, glo...


Kansas reports 2nd death from vaping-related lung disease

The second death is a man over the age of 50 who also had underlying health conditions. So far, Kansas has had nine probable or confirmed vaping cases, incl...


Starbucks wins European Union state aid challenge

The court says the commission was "fully entitled to conclude that the tax ruling at issue conferred an advantage" to the group. At the same time, the ultimate ...


Trump Asks Mnuchin Why U.S. Canceled Chinese Farm Visits

Rekindled U.S. -China trade hopes lifted share markets on Tuesday, while the pound was whipsawed by another dramatic Brexit twist after the UK's top court ruled...


Petrol, diesel prices hiked for 7th day in a row

Fuel prices in India continue to rise in wake of the global oil supply affected following the drone attacks on oil refineries in Saudi Arabia. In the national...


WeWork CEO under pressure

This was a blow for SoftBank , which was hoping for We Company's IPO to bolster its fortunes as it seeks to woo investors for its second $108 billion Vision Fu...


UK believes Iran was behind Saudi oil attacks: PM Johnson

Johnson said he would be discussing Iran's actions in the region with President Hassan Rouhani at the United Nations meeting, as well as pushing for the r...


India’s Petronet inks MoU with Tellurian for 5 MTPA LNG

GAIL wants to renegotiate the 2011 sales and purchase agreement (SPA) with Cheniere Energy for import of 3.5 million tonnes of LNG annually, with yearly fixed f...


Rouhani: New sanctions against Iran signals United States 'desperation'

Iran's president on Sunday warned Western nations to "stay away" from the Persian Gulf and said Tehran was working with regional partners to develop a securit...


Vaping criminal probe announced by FDA as illnesses rise to 530

In the memo, Walmart cited increasily complex regulations at the federal, state and local level. following at least eight deaths. and hundreds of cases of vap...


Trump Says Open to Hearing Rouhani’s Peace Initiative at UN

If they are truly after establishing security in the region, they must stop delivering risky weapons, fighters and bombs to the region, said Rouhani , referrin...


Amazon vows to go carbon neutral 10 years ahead of Paris deadline

For Amazon, the Climate Pledge includes a long-term commitment to power its global infrastructure with 100% renewable energy . Amazon has placed an order f...


British tour company ceases trading, bookings canceled

Thomas Cook has gone into administration leaving 150,000 United Kingdom travellers stranded across the world and putting 9,000 British jobs at risk. Tunisia's...


Oldest travel firm in rescue talks

The debt-laden company, which confirmed Friday it was seeking 200 million pounds ($250 million) in funding to avoid going bust, was in talks with shareholders a...


Facebook says it has suspended 'tens of thousands' of apps

It's not clear what rules the developers broke, or if they mishandled any Facebook users' personal data. In a statement, Facebook said, "Our App Developer I...


Could tax-payer bailed out banks bring down Peterborough's Thomas Cook?

Thomas Cook announced today that talks to agree final terms on the recapitalisation and reorganisation of the firm with a range of stakeholders, including Club...


Bank of England holds interest rates over Brexit uncertainty

Should Brexit uncertainty continue squeezing vitality out of Britain, the BOE will be forced to turn on the monetary policy life support to prevent the economy ...


Microsoft announces $40 bn share buyback, hikes dividend

Shares were up 1.3 per cent in after-hours trading. Microsoft's repurchase announcement marked the third time the company has authorized such a major buyba...


Google announces 'biggest corporate purchase' of renewable energy

In a statement , Pichai explained 720MW of the worldwide 1.6GW will be secured from United States solar projects, split between Texas (490MW), North Carolina (...


Airbnb to become publicly traded company next year

Airbnb Inc, the company that lets users rent out their own rooms to travelers, plans to go public in 2020. Almost 1,000 cities have more than 1,000 Airbnb l...


Fed in three voices: recession, bubbles, and 'in a good place'

The U.S. Department of Agriculture and state officials in Nebraska did not immediately respond to request for comment. However, many were anxious about the futu...