Markets

Blow to Pimlico Plumbers in landmark gig economy case

By one estimate there are some 1.1 million people in Britain's gig economy, nearly as many as those who work in the National Health Service. The decision does...


Colorado Springs man ID'd as suspect in Westminster fatal shooting

Westminster detectives interviewed the man for several hours after he was arrested without incident on Interstate 25 in Castle Rock. Investigators have also b...


China's CK Infrastructure bids US$9.8b for Australian gas pipeline firm

APA says it has granted due diligence to a consortium comprising CK Infrastructure Holdings, CK Asset Holdings , and Power Assets Holdings following a proposed...


Australian employment rose by less-than-expected in May

The participation rate eased a little in May, following a sharp rise throughout 2017 and early 2018. Total hours worked across the Australian economy rose by ...


Oil steadies but threat of higher supply curbs gains

Sources close to the matter said a number of options are being looked at, including an increase of around 1 million barrels per day and, should prices fall, m...


Wetherspoon is going through some dramatic changes because of Brexit

He adds that a review of all Wetherspoon products will take place over the next six to 24 months, with the aim of making the business "more competitive". More...


Volkswagen accepts 1 billion euro fine to terminate proceeding in Germany

Volkswagen (VOWG_p.DE) was fined one billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by ...


China: ‘The US has launched a trade war’

But Mr Trump's China trade offensive is only one side of his multi-front trade confrontation with all major U.S. economic partners. "The United States has...


Somehow, Facebook both collects, and doesn’t collect, data from non-users

On whether it should be considered a monopoly, Facebook's response remains vague, at best. Social media giant Facebook is known to have breached the privac...


American Airlines Cancels 275 PSA Flights, Charlotte Douglas International Airport Most Impacted

The affiliate serves almost 90 destinations, primarily in the eastern U.S. American grounded 400 PSA flights Friday, after 275 cancellations Thursday. Passenger...


1 deputy killed, another critically hurt in KCK shooting

The inmate was taken in a van to a gated area behind the building, and when he got out of van, he somehow overtook and shot the deputies, Bailiff said. The name...


Under major pressure, Seattle City Council reverses head tax decision

The 2018 World Cup starts tomorrow in Russian Federation. " Seattle has plenty of money, but we're spending a lot of it on overhead and on programs that aren...


USA charges Theranos founder Elizabeth Holmes with criminal fraud

Theranos Inc . founder Elizabeth Holmes , who reigned briefly as the world's youngest female self-made billionaire over her promise to revolutionize blood test...


No more cathode ray tubes from China, says Trump Administration

The US says tariffs are justified because of China firms' longstanding theft of US companies' intellectual property, and the move follows President Trump's ...


Kellogg's Honey Smacks cereal recalled for possible salmonella

No deaths have been reported. "However, in some persons, the diarrhea may be so severe that the patient needs to be hospitalized". The cereal has a "best by" ...


McDonald's to Dump Plastic Straws in United Kingdom, Ireland

UK Environment Secretary Michael Gove called it a "significant contribution" to helping the environment, and said it was "a fine example to other large business...


China vows fast response to new US tariffs

He can also delay the tariffs by another 180 days if the US Trade Representative's office finds that negotiations with China are yielding progress. In April, ...


OPEC raises Russia's oil output forecast

How low could the price of oil go in the case of a crash? OPEC , Russia and other non-OPEC producers have been cutting output since January 2017 to get rid o...


Trump to discuss tariffs on Chinese imports with aides

Trump tweets Wednesday that his advisers didn't want him to get involved in the Republican primary, thinking Rep. Mark Sanford "would easily win". As govern...


Microsoft is working on a rival to Amazon’s checkout-free stores

Microsoft is reportedly working on new technology that would eliminate the need for cashiers and checkout lines in stores according to six people familiar with ...


Marin among nation's top three most expensive places for renters

Hawaii comes out as the most expensive state, where the fair market rental price for a one-bedroom home is more than $1,400 a month, but the average renter t...


Toyota investing $1 billion in Asian ride-share firm Grab

The partnership will also allow Grab to further expand its range of O2O services, such as GrabFood and GrabPay, deeper into the region. Toyota is the lead i...


China urges USA to make 'wise choice' on trade tariffs

It remains unclear when Trump would activate the tariffs, if he decides to do so. "We have consistently upheld that both sides should appropriately resolve rele...


Federation Internationale de Football Association 2018 World Cup opening ceremony underway in Moscow

The biggest event Russian Federation has hosted since Soviet times, when the United States and others boycotted the 1980 Moscow Olympics over the invasion of ...


Chicago Picks Musk's Boring Co. for O'Hare Express Service

A Boring Company spokesman said Thursday the company is "really excited" to work with the city. The system will transport passengers from the Loop to O'Ha...


Elon Musk Says Tesla Self-Driving Features Will Start Arriving in August

The features will be "enabled" on Tesla vehicles equipped with Autopilot 2.0. Previous updates to Autopilot were "rightly focused entirely on safety", he said...


Bitcoin's Major Boost Was Likely Manipulated, Research Finds

Scientists at the University of Texas analysed transactions on Bitfinex , where Bitcoin can be bought and sold and identified patterns which suggest that the pr...


Apple could launch an affordable iPhone X this year: KGI Securities

Apple iPhone's camera does not perform up to the mark set up by rivals in low lights and the addition of a monochrome camera will certainly enhance its low li...


US Federal Reserve lifts rates amid stronger inflation

The federal government drastically upgraded its forecasted 2018 economic outlook Wednesday, saying the United States economy was rising at a "solid" rate; an ...


White House adviser apologizes for slamming Justin Trudeau

Canada's prime minister earned Trump's ire by giving a press conference , after the U.S. president left La Malbaie, in which he spoke critically of USA trade ...


Uber turns to A.I. to identify drunk riders

The premise of the software is to use a learned algorithm to determine a user's state of inebriation. The system essentially monitors how the potential rider is...


Fed raises key interest rate and sees possible acceleration in hikes

It is the seventh time the bank has raised rates since 2015. Besides raising its projection for rate increases this year from three to four, the Fed removed...


Trump and Kim Stir Confusion About What They Actually Agreed To

President Donald Trump , on a giant television screen outside the central railway station in Pyongyang, June 13, 2018. While Trump and Kim concluded their sum...


Trudeau 'stabbed us in back' on trade, says Trump chief economic adviser

Trump and North Korean leader Kim Jong-un converged on this island city state Sunday ahead of one of the most unusual and highly anticipated summits in rec...


Uber driver boots lesbian couple for kissing in the backseat

As a reminder, Uber has a no sex rule. An Uber driver who booted two kissing women out of his auto had his livery licence suspended on Tuesday. In an inter...


Trump declares oil prices 'too high', blames Opec

Brent futures for August settlement declined as much as 62 cents to $75.26 on the London-based ICE Futures Europe exchange, after sliding 0.8 percent on Tuesday...


Dixons Carphone hit with major data breach

As of now, there are no known cases of any fraudulent use of the compromised data, the company claims. While attackers attempted to access 5.9 million card de...


ZTE Shares Set to Resume Trading Following Deal

Among other things, it would restore penalties on ZTE for violating USA export controls and bar US government agencies from purchasing or leasing equipment or s...


Germany hits Mercedes with mass diesel recall

Last week, German transport minister Andreas Scheuer threatened to sue Daimler to the tune of 3.75 billion euros (about RM17.6 billion) if Mercedes-Benz was f...


Trump adviser apologizes for 'inappropriate' comments targeting Tru..

President Donald Trump's trade adviser. He called Mr Trudeau "dishonest & weak" after Mr Trudeau said at a news conference that Canada would retaliate f...


Court allows AT&T purchase of Time Warner

President Trump's Justice Department had pushed back hard against the deal - claiming it would give AT&T too much leverage, which would result in consumers fa...


The best photos from Trump's historic summit with Kim Jong Un

It's the first ever meeting between a sitting USA president and North Korean leader. He added that he hoped to withdraw U.S. troops from South Korea at some poi...


Tesla to layoff 9 percent of workforce

The company added that its rapid growth over the past several years has resulted in some duplication of roles and job functions. Musk told employees in May th...


100 hours of overtime a month: Inside the factory making Amazon products

Amazon has been accused of poor working conditions in Chinese factories building Kindle and Echo smart speakers. It's not much of a surprise to hear that an o...


Pompeo downplays feud between United States and G7 allies

Navarro said on Fox that his words came "straight from Air Force One". Yet even as it did so, some in this country were calling for major reforms to the very ...


Domino's Pizza delivering pothole repairs to a town near you

In a press release announcing the initiative, Domino's US president Russell Weiner said the road fix work would make customers feel more secure in picking up ...


Trump thinks Kim will get rid of nukes 'virtually immediately'

Almost 7,800 American troops remain unaccounted for from the 1950-53 war in the Korean Peninsula. The most tangible outcome of Tuesday's summit between Pres...


Amazon expands Whole Foods grocery delivery service to Philadelphia area

That means Amazon Prime members will now be able to take advantage of discounts at Whole Foods across the state. A few of the new discounts launching on Jun...


North Korea summit: Trump, Kim Jong Un meeting in Singapore

He also said Kim agreed to destroy a "major" missile testing site, but did not offer specific details. Kim, dressed in a dark suit, and Trump , sporting a re...


Tesla Touting 10 Rocket Thrusters for New Roadster

Elon Musk has tweeted about the possibility of rocket thrusters for extra boost for the Roadster and knowing what he is capable of, it might turn out to be...