Finance

Iran dismisses USA efforts to ban Iranian oil as 'futile'

Iran dismisses USA efforts to ban Iranian oil as 'futile'

The last time the USA sanctioned Iran, China put in place a payment system bypassing the US financial system. According to Helima Croft, global head of commodities research at RBC, the Thursday stat...

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Walgreens Boots Alliance, Inc. (WBA)

Walgreens Boots Alliance, Inc. (WBA)

The Company has a Return on Assets of 13.20%. The first and foremost return that is considered while making an investment is the ROI or Return on Investment. This assessment allows the investor to d...

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Thanksgiving 2004 was TSA's busiest day ever -- that record may fall Friday

Thanksgiving 2004 was TSA's busiest day ever -- that record may fall Friday

TSA screened more than 2.6 million passengers and crew a day on Thursday, Friday and Sunday. Since Memorial Day, Pekoske said travel screening has gone well. 96% of standard checkpoint travelers w...

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Canada announces new reciprocal surtaxes on USA steel, aluminum

Canada announces new reciprocal surtaxes on USA steel, aluminum

Washington-based trade group The Association of Global Automakers, which represents automakers from outside the USA, says Trump's tariffs are "the greatest threat to the US automotive industry at this...

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Trump claims Saudi Arabia has agreed to boost oil production amid turmoil

Concern of a potential lower supply and thus higher prices have been spurred by the economic crisis in Venezuela and USA sanctions on Iran (the White House is pushing countries to stop imports of Ir...

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Crude oil futures up 0.83% on positive cues in Asia

Crude oil futures up 0.83% on positive cues in Asia

The fall in Canadian exports has helped drain supplies of heavy crude across North America and contributed to a major draw in USA crude oil inventories, analysts say. " Looks like OPEC is at it again ...

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Iran sanctions expected to push oil prices to $90

But the world oil market is already tight with unplanned disruptions in Canada, Libya and Venezuela removing supply. Brent was on track for a 5 percent weekly rise. "Triple-digit oil prices are not ...

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Delta Airlines ejects five passengers from a flight after 'airplane mode' dispute

Delta Airlines ejects five passengers from a flight after 'airplane mode' dispute

Though Rodgers had informed her that she had complied with the standard policy, the attendant rushed to the front of the plane and came back with security, telling her the plane was going back to the ...

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Adidas Website Hacked, Millions of US Customer Details Stolen

Adidas Website Hacked, Millions of US Customer Details Stolen

A data breach can threaten not just customers, but also the brand's image. The sportswear maker said personal data, including contact information (addresses and email addresses), and encrypted passw...

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Last Toys ‘R’ Us Stores Closing Friday; Who’s Going To Fill Them?

Last Toys ‘R’ Us Stores Closing Friday; Who’s Going To Fill Them?

But sources have told The New York Post that Walmart executives had identified some 800 Walmart stores within five to 10 miles from an old Toys "R" Us location to carry extra toy inventory. Many k...

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Automakers: New Tariffs Could Force Job Cuts

He also has complained of an uneven playing field. Global Automakers, which represents auto giants like Honda, Subaru and Toyota , blasted the Trump administration's investigation, saying that th...

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Facebook and Google accused of using 'dark patterns' to mislead users

Facebook and Google accused of using 'dark patterns' to mislead users

The regulation requires that companies using your data are transparent about what they do with it and get your consent for each of these uses. As a outcome, users were bombarded with a lot of e-mail a...

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Automakers: Tariffs would undermine economic security

Automakers: Tariffs would undermine economic security

The average price of new vehicles will increase $5,800 if President Trump implements his proposed 25 percent tariff on imported car models, auto industry representatives say. "We believe the resulting...

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Stocks skid on new trade fears

Stocks skid on new trade fears

GENERAL ELECTRIC: Shares in General Electric jumped 4.4 percent in premarket trading on reports that the company would spin off its health care business and sell its $23 billion stake in oil services ...

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Bangladeshis' deposits in Swiss banks drop 27% in 2017

Bangladeshis' deposits in Swiss banks drop 27% in 2017

Any illegal depositor knows that it is a matter of months before his name becomes public and he will be subjected to the harsh penal provisions of the Black money law in India', he wrote. "No "BLACK" ...

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Sweltering Europe loses its fizz as Co2 shortage hits drinkers

Sweltering Europe loses its fizz as Co2 shortage hits drinkers

While retailers such as restaurants, bars, and traders are now limiting the number of beer cases they sell to each customer; 10 for beer and five for soft drinks or cider. There are plans to send arou...

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Amazon launches start-up service to deliver its own packages

Amazon launches start-up service to deliver its own packages

It loses money every year largely because of pension and health care costs, and not, as the president claimed, because Amazon is using USPS as its "delivery boy". Earlier this year, Reuters reported...

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Boeing releases rendering of hypersonic jet

Boeing releases rendering of hypersonic jet

The idea of going from London to NY and back in a day may one day become a reality. " We're excited about the potential of hypersonic technology to connect the world faster than ever before ", Bowcu...

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China Defends Record, Seeks to Head Off Looming Trade War

China Defends Record, Seeks to Head Off Looming Trade War

Wang said China has become a key engine for world economic recovery and growth since 2002, contributing almost 30 percent on average per annum to global economic growth. The fall in United States bond...

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Elon Musk Teases Details About Tesla's Pickup Truck on Twitter

Elon Musk Teases Details About Tesla's Pickup Truck on Twitter

The Tesla CEO said the design "was chosen randomly by [Tesla's] software team as a joke (they didn't tell me in advance)". Her dad, Tom Edwards, is the Colorado-based artist and potter behind Wally...

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Florida marketing firm Exactis leaks info of 340 million people, businesses

Florida marketing firm Exactis leaks info of 340 million people, businesses

Exactis also openly flaunts having access to millions and millions of people's data (possibly without any of them knowing about it). How long the database was exposed isn't known, but it contained...

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Music fans' payment details stolen in cyber attack on Ticketmaster UK

Music fans' payment details stolen in cyber attack on Ticketmaster UK

Information which may have been compromised: name, address, email address, telephone number, payment details and Ticketmaster login details. "United Kingdom customers who purchased, or attempted to ...

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JetBlue Radio Issues Cause Security Concerns

JetBlue Radio Issues Cause Security Concerns

The New York Daily News reports JetBlue Flight 1623, an Airbus 320 bound for Los Angeles, lost radio contact with the air traffic control tower while taxiing on the runway around 8 p.m. In a statem...

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European Union to respond to any US auto tariff move

European Union to respond to any US auto tariff move

The European Union will react to United States president Donald Trump's import tax on cars shipped from Europe, a vice-president of the European Commission has warned. During the previous month, Tru...

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Instagram is testing a

Instagram is testing a "Lite" version of its Android app

The company is aiming to grow that number with a new " Lite " version of its app, which popped up in the Google Play store yesterday. An Instagram spokesperson tells TechCrunch that the app also...

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Rupee depreciates to 69, but no worries!

Rupee depreciates to 69, but no worries!

ET NOW's Poonam explains what what has caused this slump. Since 2013, the rupee had firmed up to a high of 58.46 in May 2014 as crude oil prices collapsed. Markets expect RBI (Reserve bank of India...

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Harley-Davidson planning to move some production out of USA

Harley-Davidson planning to move some production out of USA

House Speaker Paul Ryan is criticizing Trump administration trade policy after Harley-Davidson cited retaliatory tariffs as why it's shifting some production of motorcycles overseas . ZARROLI: But ...

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USA defense chief visits China as tensions simmer

USA defense chief visits China as tensions simmer

Mattis recently criticised China's militarisation in the South China Sea in recent months in his speech at the Shangri-La Dialogue in Singapore, highlighting China's deployment of anti-ship missiles, ...

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BMW Warns of UK Pullback If There's No Brexit Deal

BMW Warns of UK Pullback If There's No Brexit Deal

According to SMMT, investment in new plant, machinery, tooling and new models has almost halved from from £647.4m ($856m) in the first half of 2017, to £347.3m up to June 21 this year. "We don't wan...

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If you make $100K in San Francisco you are considered low income

If you make $100K in San Francisco you are considered low income

That's according to the Federal Housing and Development Department. Analysis from multiple news outlets reveals that in three Bay Area counties, the low income limit is set at $117,400. "Very-low in...

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Trump softens threat of new curbs on Chinese investment in United States firms

Trump softens threat of new curbs on Chinese investment in United States firms

The administration announced Wednesday morning that it would not impose new restrictions, and instead will urge Congress to quickly send the White House legislation known as the Foreign Investment R...

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Turkey's Erdogan Wins Presidential Election, Extends 15-Year Reign

Turkey's Erdogan Wins Presidential Election, Extends 15-Year Reign

Recep Erdogan has been the country's de facto leader since 2002, holding the position of president since 2014. Turkey's main opposition candidate Muharrem Ince has conceded defeat in Sunday's pres...

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Harley shifting production overseas to address European Union tariffs

Harley shifting production overseas to address European Union tariffs

The U.S.is the largest market for Harley-Davidson. Harley-Davidson announced in January plans to shutter a Kansas City, Missouri, assembly plant, citing market conditions, about a month before Trump...

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Brexit bill becomes law, allowing UK to leave the EU

Brexit bill becomes law, allowing UK to leave the EU

No 10 said it was "very clear the Cabinet was pleased that the Bill was receiving Royal Assent today". Pro-EU lawmakers and members of the House of Lords tried to amend it to soften the terms of Bri...

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Trump backs off restricting China investment

The Trump administration said it would rely on an existing Treasury Department-led committee to restrict new Chinese investments in American technology companies, backing away from a more aggressive...

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Trump warns Harley-Davidson: 'We won't forget'

Trump warns Harley-Davidson: 'We won't forget'

In a series of caustic early-morning tweets Trump dismissed any notion that his policies were responsible for Harley-Davidson's move . It was unclear what taxes Trump was referring to, and why th...

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Trump planning new curbs on Chinese investment in the US

Trump planning new curbs on Chinese investment in the US

At the seminar, Christensen said China has applied military, economic and diplomatic pressure against Taiwan, citing Beijing's poaching of some of Taiwan's remaining diplomatic allies in recent year...

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Libya calls on United Nations to block 'illegal' oil sale

Libya calls on United Nations to block 'illegal' oil sale

State Department has increased the pressure on its worldwide allies to stop importing crude oil from Iran. Trying to make up for disrupted supply, the Organization of the Petroleum Exporting Countri...

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Iran bans 1,300 imports as economic protest shuts shops in Tehran

Iran bans 1,300 imports as economic protest shuts shops in Tehran

The videos show what appears to be tear gas in the air and protesters screaming, "They attacked us with tear gas!" Protester also were heard chanting , "We will die, will take back Iran ", and, ...

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Oil is sliding after OPEC cuts a deal to raise production

Oil is sliding after OPEC cuts a deal to raise production

He was seeking to reassure the market after several cartel members said the actual increase will only reach 700,000 because some nations are incapable of pumping more. Consumers can rest assured that ...

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