Business

News

Iran's oil minister has hit back at Trump over production demands

Canadian oil prices are poised to continue their slow, steady march upward next year as shipping bottlenecks ease and U.S. refiners look north to fill the gap created by decreasing output from Venezuela, according to Deloitte. OPEC together with a ...

Tesla to close a dozen solar offices in nine states

Before the merger, Musk had served as chairman of SolarCity's board of directors. The locations to be closed include those in the high-volume markets of California, Maryland, Arizona, New Jersey and NY, as well as smaller and less promising marke...

Markets fall after Beijing accuses Washington of 'blackmail'

Separately, the Chinese Commerce Ministry has hit back accusing the USA of blackmailing by threatening to slap additional tariffs on Dollars 200 billion of Chinese goods and warned that it would hit back with comprehensive measures if Washington went...

One deputy killed, another in critical condition in Kansas City, Kansas

The surviving deputy is female. The suspect also was shot and was operated on at the hospital. The investigation into the shooting is continuing. One of them said he heard gunfire, looked outside, and heard a woman screaming that her husband ha...

GREAT AGAIN: Fed RAISES 2018 Economic Outlook, HIKES Interest Rates

The central bank raised its key short-term rate today by a modest quarter-point to a still-low range of 1.75 percent to 2 percent. Other changes included referring to "further gradual increases " instead of "adjustments". Eighteen of the 23 dealers ...

IHOP changes name to IHOB, internet has a lot of fun

The news website says that they changed their name because they now " burger " just as well as they "pancake". A week later, IHOb announced that the "b" in their new name stands for "burgers". It remains to be seen whether the change will be perm...

Trump delivers warning on trade as he leaves G-7 summit

Russian President Vladimir Putin walks to speak to the media after his annual call-in show in Moscow, Russia, Thursday, June 7, 2018. Previous G7 summits have seen large-scale anti-globalization protests, but Trump was a main target of the demonstr...

US Reaches Deal With China's ZTE - Secretary of Commerce

Bureau of Industry and Security within the Commerce Department. US President Donald Trump came under criticism for announcing last month that he would reverse the ban , with some lawmakers warning that payments do not address security concerns ove...

Petrol and diesel prices: Another day, another paltry reduction

The so-called big four supermarkets - Tesco, Asda, Sainsbury's and Morrisons - raised the price of petrol by 5.49p a litre and diesel by 5.88p in May. Brent crude futures lost United States dollars $1.50 per barrel to settle at $75.29 per barrel....

Merkel hand Macron olive branch on eurozone reforms

Macron wants to turn Europe's existing bailout fund into a European Monetary Fund (EMF), to act as a buffer in any future financial crises in the bloc, which was almost torn apart in a debt crisis in 2009. Merkel said she was willing to discuss wi...

Sears to close another 72 United States stores

For the first quarter, net loss attributable to Sears' shareholders was $424 million or $3.93 per share, compared to net income of $245 million or $2.29 per share in the year-ago period. Liquidation sales will begin June 14. A central Illinois Sear...

Visa card payment disruption across UK and Europe

The outage seems to be widespread across the United Kingdom, however a small number of payments do appear to be going through - so stay on your toes if you need to use your Visa card today. HSBC bank's UK Twitter account replied to a customer query s...

Steel industry braces for United States tariffs on European exports

The U.S. president slapped a 25% tariff on steel imports and a 10% tariff on aluminum back in March, calling it a matter of national security. "Only they have to decide whether they want to enter a trade war with their closest partners". Besides the ...

AAA: Highest Memorial Day gas prices since 2014

Along with traffic woes, holiday travelers are facing high gas prices , up about a penny a day over the last few weeks. The national average for a gallon of gasoline is $2.96, up 60 cents from a year ago, according to the American Automobile As...

OPEC's suggestion of more oil drags markets lower

Brent crude oil rose above 80 dollars a barrel on Tuesday, supported by concern that falling Venezuelan crude output and a potential drop in Iranian exports could further tighten global supply. The collapse of Venezuela's economy and increased US ...

New privacy rules could spell the end of legalese

Many companies have made changes to their privacy policies across all continents; the difference is that users in the US aren't protected legally by GDPR , because it's a European Union law. Facebook's chief privacy officer Erin Egan said: "We...

Italy's top two parties demand re-vote rather than…

Economists worry that such goals are unrealistic given that Italy is deeply in debt ― making up 132 percent of its GDP. While in Rome the leaders of the Five-Star Movement (M5S) and the League are taking more time to form a government, the Europe...

Net Neutrality Just Became a Major Campaign Issue for 2018 and Beyond

Though the Senate vote to repeal will most likely be made moot by the house the Coalition of Internet Voters made a strong show of support as Sen. CTIA said that the FCC's repeal of net neutrality rules hasn't prevented Americans from acce...

Bill Gates says he'd bet against Bitcoin

Roughly 40,000 people attended Berkshire Hathaway's annual meeting on Saturday. He told the journalists: "As an asset class, you're not producing anything and so you shouldn't expect it to go up". Bill Gates concluded that the underlying blockch...

NEET UG 2018: Stringent checks at exam centres

On the other hand, actor-turned-politician Kamal Haasan also criticised the state government, saying , "In this digital age, expecting Tamil Nadu students to travel to Kerala and Rajasthan for NEET exam is not fair". This year the number has i...

Gennady Golovkin makes history with second-round knockout of Vanes Martirosyan

It was all of his punches. "It was the hardest I have ever been hit". It means the undefeated "GGG" not only retains his World Boxing Association, World Boxing Council, International Boxing Federation, and International Boxing Organization ...

Benjamin Netanyahu's Big Speech On Iran Was Aimed Directly At Trump

Ahead of a trip to Israel later this month, Gov. Rick Scott has a message for President Donald Trump: the United States needs to junk the 2015 Iran nuclear deal. The worldwide monetary system is so interconnected and so tied to NY that it might...

Walmart to acquire 73% in Flipkart at $20 Billion Valuation?

Walmart Inc has reportedly reached a deal to buy a majority stake in Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two people with direct knowledge of the matter said. If the deal wi...

Japan April services activity grows fastest in six months - PMI

New orders contracted to the fastest pace since July 2017 while new export orders fell to the lowest since December 2016. According to the apex bank: "The manufacturing and non-Manufacturing PMI report on businesses is based on survey responses, in...

Golden State Killer: 'You helped catch him,' comedian tells late wife

DeAngelo's name hadn't been on McNamara's radar screen, said Billy Jensen , an investigative journalist who helped write the book. DeAngelo was a "black sheep" who didn't joke around with other officers, said Farrel Ward, 75, who served on the f...

Stocks Down 425 As Tech Takes Hit; High 10-Year Treasury Yields

Eastern time. The Dow Jones industrial average lost 137 points, or 0.6 percent, to 23,886. The S&P 500 index skidded 35.73 points, or 1.3 percent, to 2,634.56. Wall Street had cheered Caterpillar's results earlier in the day after the company h...

US GDP growth cools to 2.3%

Economists widely anticipated the economy to grow at 2 percent , a downgrade from the fourth quarter of 2017 when the economy grew at 2.9 percent. The U.S. Former Obama economic adviser Jason Furman noted that the first quarter number was boos...

Here Comes Facebook's Annual Apps Fest. There's Just One Problem

Mr Schroepfer said Facebook had legal certification that the data had been deleted in 2015, but admitted he was disappointed by the way Facebook had handled disinformation campaigns on the platform, notably from Russian Federation. In all likelih...

Lexington Realty Trust (LXP) Stock Closed at $7.79

Lexington Realty Trust (NYSE:LXP) has grabbed attention from the analysts, when it saw a value increase of 1.7% or 0.13 points in the last trading session to close at $7.79. Korea Investment invested in 0% or 63 shares. Amalgamated Bankshares holds 0...

Marquez stripped of pole at Grand Prix of the Americas

Iannone blitzed his fellow front row starters to lead in Turn 1, but Marquez was already on his back wheel. Marquez proved unstoppable from that point on, the Spaniard opening up a two-second advantage by the end of the fifth lap and doubling that ...

Why TCS turning 100 billion dollar company is significant

What led to this record-breaking m-cap of TCS? Last week, when the markets closed on Friday, the company was at the verge of the milestone as the m-cap stood at slightly above $99 billion. "Last year, we had crossed $ 3 billion (in digital revenu...

P&G to acquire Merck KGaA consumer health unit

The deal comprises the Consumer Health business across 44 countries, including more than 900 products and two Consumer Health-managed production sites in Spittal, Austria, and Goa, India. Merck has stated that the proceeds from the acquisition deal...

Continuing demand for stricter gun laws, local students plan Friday walkout

When students across the Bay Area walked of class last month to protest gun violence, the spotlight turned on Los Gatos where a pupil got a failing grade after she joined her peers. "Schools are anxious about our safety when we're walking outside of ...

FM Arun Jaitley: No cash crunch in India, temporary shortage being tackled

The Centre and the Reserve Bank of India (RBI) have stepped in to tackle the shortage of cash in several states. "We are facing a situation similar to the government had scrapped 500- and 1000 rupee notes that triggered a cash shortage", he sai...

Jets ready for tougher test as series shifts to Minnesota

Fighting pucks all night, Hellebuyck was pulled for Steve Mason at the second intermission. Mikko Koivu and Nick Seeler each had two assists and Dubnyk made 29 saves, keeping the crowd loud all night. It came courtesy of Staal netting his first goal ...

Search

Breaking News

New privacy rules could spell the end of legalese

Many companies have made changes to their privacy policies across all continents; the difference is that users in the US aren't protected legally by GDPR , because it's a Euro...

Italy's top two parties demand re-vote rather than…

Economists worry that such goals are unrealistic given that Italy is deeply in debt ― making up 132 percent of its GDP. While in Rome the leaders of the Five-Star Movement (M5S...

Net Neutrality Just Became a Major Campaign Issue for 2018 and Beyond

Though the Senate vote to repeal will most likely be made moot by the house the Coalition of Internet Voters made a strong show of support as Sen. CTIA said that the FCC'...

Bill Gates says he'd bet against Bitcoin

Roughly 40,000 people attended Berkshire Hathaway's annual meeting on Saturday. He told the journalists: "As an asset class, you're not producing anything and so you shouldn't ...

NEET UG 2018: Stringent checks at exam centres

On the other hand, actor-turned-politician Kamal Haasan also criticised the state government, saying , "In this digital age, expecting Tamil Nadu students to travel to Kerala an...

Gennady Golovkin makes history with second-round knockout of Vanes Martirosyan

It was all of his punches. "It was the hardest I have ever been hit". It means the undefeated "GGG" not only retains his World Boxing Association, World Boxing Council, Inter...

Benjamin Netanyahu's Big Speech On Iran Was Aimed Directly At Trump

Ahead of a trip to Israel later this month, Gov. Rick Scott has a message for President Donald Trump: the United States needs to junk the 2015 Iran nuclear deal. The worldwid...

Walmart to acquire 73% in Flipkart at $20 Billion Valuation?

Walmart Inc has reportedly reached a deal to buy a majority stake in Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online busine...

Japan April services activity grows fastest in six months - PMI

New orders contracted to the fastest pace since July 2017 while new export orders fell to the lowest since December 2016. According to the apex bank: "The manufacturing and non-Man...

Golden State Killer: 'You helped catch him,' comedian tells late wife

DeAngelo's name hadn't been on McNamara's radar screen, said Billy Jensen , an investigative journalist who helped write the book. DeAngelo was a "black sheep" who didn't joke...

Special Reports

Stocks Down 425 As Tech Takes Hit; High 10-Year Treasury Yields

Stocks Down 425 As Tech Takes Hit; High 10-Year Treasury Yields

Eastern time. The Dow Jones industrial average lost 137 points, or 0.6 percent, to 23,886. The S&P 500 index skidded 35.73 points, or 1.3 percent, to 2,634.56. Wall Street ha...

US GDP growth cools to 2.3%

US GDP growth cools to 2.3%

Economists widely anticipated the economy to grow at 2 percent , a downgrade from the fourth quarter of 2017 when the economy grew at 2.9 percent. The U.S. Former Obama econom...

Here Comes Facebook's Annual Apps Fest. There's Just One Problem

Here Comes Facebook's Annual Apps Fest. There's Just One Problem

Mr Schroepfer said Facebook had legal certification that the data had been deleted in 2015, but admitted he was disappointed by the way Facebook had handled disinformation camp...

Lexington Realty Trust (LXP) Stock Closed at $7.79

Lexington Realty Trust (LXP) Stock Closed at $7.79

Lexington Realty Trust (NYSE:LXP) has grabbed attention from the analysts, when it saw a value increase of 1.7% or 0.13 points in the last trading session to close at $7.79. Korea ...

Marquez stripped of pole at Grand Prix of the Americas

Marquez stripped of pole at Grand Prix of the Americas

Iannone blitzed his fellow front row starters to lead in Turn 1, but Marquez was already on his back wheel. Marquez proved unstoppable from that point on, the Spaniard opening up...