Finance

5 killed in CA when plane crashes into parking lot

5 killed in CA when plane crashes into parking lot

All of the victims, none of whom were immediately identified, were aboard the twin-engine Cessna when it went down at about 12:30 p.m. (3:30 p.m. ET) as it was headed for an emergency landing at Joh...

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Indra Nooyi to step down as CEO and Chairman of PepsiCo

Indra Nooyi to step down as CEO and Chairman of PepsiCo

She pushed PepsiCo far beyond its cola roots, expanding into hummus, kombucha and other healthier products with mixed results. PepsiCo shares have risen 78% since she took the job in 2006. "I'm prou...

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Trump 'starring in street fighter-style drama of extortion' says Chinese media

Everything from oak wood to veneered panels of laminated wood has been ensnared in China's escalation of the trade battle with the US Half of US hardwood production is exported, and the bulk goes to...

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Unipec reported to have suspend U.S. oil imports

Unipec reported to have suspend U.S. oil imports

Francis Fannon, the assistant secretary of state for the Bureau of Energy Resources, was recently in China to discuss sanctions, according to a State Department spokesperson. Iranian President Hass...

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Canada Overcomes Trump's Metal Tariffs With Record Exports

Canada Overcomes Trump's Metal Tariffs With Record Exports

Canada's largest trading partner, the United States , was the destination for a record $37.1 billion of exports in June, up 2.5 per cent - mainly because of passenger cars and light trucks, Statistic...

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WhatsApp Status to start showing advertisements next year

WhatsApp Status to start showing advertisements next year

Most interestingly, Businesses will be charged if they don't reply customers within 24 hours. For the longest time ever, many were wondering how Facebook planned on making money from WhatsApp. This ...

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Oil supported as new hedges placed, but rising global…

Oil supported as new hedges placed, but rising global…

According to a report from the U.S. Energy Information Administration, U.S. crude oil inventories rose by 3.8 barrels last week. WTI is heading for a roughly flat week after four weekly falls, whi...

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Ryanair's Irish pilots stage fourth day of strikes

Ryanair's Irish pilots stage fourth day of strikes

However, the union reiterated that it remains open to talks and is even prepared to explore the option of third-party facilitation - which to date has been ruled out by Ryanair. The Forsa trade union,...

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You’re hired! Unemployment rate falls to 3.9% in July

You’re hired! Unemployment rate falls to 3.9% in July

Transportation equipment had the largest gains in that sector, with 13,000 new jobs, followed by machinery with 6,000 jobs. On Wednesday, the U.S. Federal Reserve, the nation's central bank, said th...

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Foodora stops food delivery services in Australia

Foodora stops food delivery services in Australia

Foodora Australia employs 41 full-time staff. Foodora has been part of an increasingly crowded online food delivery market in Australia where it competes with Uber Eats , Menulog and Deliveroo ...

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Tesla Short Sellers Take $1.7B Hit

Tesla Short Sellers Take $1.7B Hit

Jefferies Financial Group reiterated a sell rating and issued a $250.00 price objective on shares of Tesla in a report on Monday, March 19th. Zacks Investment Research upgraded shares of Tesla fro...

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Bipartisan US senators introduce Russia sanctions 'bill from hell'

Bipartisan US senators introduce Russia sanctions 'bill from hell'

A bipartisan group of senators has unveiled a comprehensive package of Russian Federation sanctions and measures to counter cybercrime, the latest attempt to push congressional leaders to intensify pu...

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Billionaire retail tycoon Philip Day weighs rescue bid for House of Fraser

Billionaire retail tycoon Philip Day weighs rescue bid for House of Fraser

House of Fraser , which has one store in Dublin and one in Belfast, employs around 17,000 people across 59 stores Britain, Ireland, China and Abu Dhabi. Mike Ashley is the founding director of Sports...

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Shop assistant who ripped £58m lottery ticket in two recalls 'honest mistake'

Shop assistant who ripped £58m lottery ticket in two recalls 'honest mistake'

He ran it through a check before tearing it in half and telling Mr Higgins it was not a victor. "The terminal produced a chitty (voucher), which said I needed to retain my ticket and call Camelot", ...

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Khabib Nurmagomedov vs. Conor McGregor Official For UFC 229

Khabib Nurmagomedov vs. Conor McGregor Official For UFC 229

Although Diaz alluded to unspecified legal troubles that kept him out of action, the veteran brawler also had waited two years in hopes of getting a highly lucrative third fight with McGregor. With th...

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The owner of the NYSE is launching a bitcoin platform

The owner of the NYSE is launching a bitcoin platform

The beverage retailer is teaming up with one of the world's biggest exchange operators, Intercontinental Exchange Inc., which just created a venture called Bakkt designed to more tightly integrate d...

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395 people sickened in McDonald’s salad outbreak

395 people sickened in McDonald’s salad outbreak

In foods tainted by fecal matter, cyclospora can cause diarrhea, stomach cramps, nausea, fatigue, body aches and fever a week or more after someone consumes food or liquid contaminated with the para...

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China Defends Relationship with Iran, Refuses to Halt Oil Imports

China Defends Relationship with Iran, Refuses to Halt Oil Imports

The snub could seriously undermine USA efforts to isolate Iran over the country's controversial nuclear programme. While this is a major setback in President Trump's quest of cutting Iranian oil exp...

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Vanilla Almond Breeze recalled because it could contain real milk

Vanilla Almond Breeze recalled because it could contain real milk

At this time, there has been a report of an allergic reaction. The person did not require medical treatment and was not taken to the hospital. Almond milk is a popular non-dairy alternative for pe...

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China announces $60B of United States goods for tariff retaliation

China announces $60B of United States goods for tariff retaliation

He said President Donald Trump directed him in June to identify $200 billion worth of Chinese goods for additional tariffs of 10 percent and he initiated the process on July 10. "On June 18, the Pre...

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Fiat Chrysler looking to block Mahindra Jeep knock-off in US

Fiat Chrysler looking to block Mahindra Jeep knock-off in US

Alleging that it is almost a copy of the iconic Willys Jeep, the US-based auto company lodged a complaint with the US International Trade Commission on August 1, stating that the design elements of ...

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Cuomo takes a stand in the lemonade wars

Cuomo takes a stand in the lemonade wars

There was no immediate comment from Gov. Andrew Cuomo's office. Seven-year-old Brendan Mulvaney was selling lemonade at his home in Ballston Spa, N.Y., last Friday when he was shut down by a woman ide...

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EpiPen Shortage in Canada to Be Severe in August, Maker Warns

EpiPen Shortage in Canada to Be Severe in August, Maker Warns

NDP health critic Don Davies says the government must ensure the injectors, known as EpiPens, are always available in sufficient supply. Health Canada said anyone who has an anaphylactic reaction bu...

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Apple beats Microsoft, Google and Amazon to $1 trillion valuation

Apple beats Microsoft, Google and Amazon to $1 trillion valuation

It became the first $900 billion company exactly nine months ago, on November 3, 2017. The tech company's stock jumped 2.9 percent to end the day at $207.39, giving it a market capitalization of $1....

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Molson entering cannabis beverage field

Molson entering cannabis beverage field

Market research firm Euromonitor International estimated that the global market for legal and illegal cannabis is about $150 billion, with legal marijuana sales in Canada projected to total $7.5 m...

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Apple is the first $1 trillion company in history

Mr Jobs died in 2011 and was succeeded as chief executive by Tim Cook . For those who like visuals, in numerals that is 1,000,000,000,000. Apple on the other hand is the first non-state-owned compa...

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Trump Administration Threatens Even Higher Tariffs On China

Trump Administration Threatens Even Higher Tariffs On China

Trump directed trade representative Robert Lighthizer to raise the tariff rate to 25%, the people said, adding that the change isn't final yet and may not go forward after a public review. "Increasin...

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Manufacturing activity eases in July: Nikkei

Manufacturing activity eases in July: Nikkei

The PMI is an indicator of the economic health for manufacturing and services sectors. The headline seasonally adjusted Purchasing Managers' Index™ (PMI™) - a composite indicator created to provide ...

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Apple reaches $1000000000000 value

Apple reaches $1000000000000 value

He also credited maverick founder Steve Jobs. Its revenues today exceed the economic output of countries like Portugal and New Zealand. Apple is nearly worth more than Mexico's 2017 gross domestic pr...

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Turkey vows to hit back against sanctions over preacher's arrest

Turkey vows to hit back against sanctions over preacher's arrest

The lira's collapse threatens Turkish companies' ability to repay their US$300 billion pile of foreign-currency-denominated debt. "We have said from the start that the other side's threatening languag...

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Asia shares subdued for central bank, data test

Asia shares subdued for central bank, data test

The announcement provided some comfort to bond investors as the policy tweaks didn't appear to show any inclination from the BOJ to make a radical shift from its accommodative stance. 10-year JGB yi...

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Is Fed turning defiant of Trump? Key takeaways from money policy

Federal Reserve Chairman Jerome Powell is trying to nurture the second longest USA expansion on record by slowly reducing the amount of support that monetary policy provides to growth. The US centr...

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Google plans to re-enter China with government-approved search app

Google plans to re-enter China with government-approved search app

The California-based internet company has engineers designing search software that would leave out content blacklisted by the Chinese government, according to a New York Times report citing two un...

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MI soybean farmer anxious about Chinese tariff hikes

MI soybean farmer anxious about Chinese tariff hikes

The EU has raised the issue of "Geographic Identifications" seeking to ban U.S. products with generic names entering the EU market, which drew stern opposition from the US. Big Ag companies have maste...

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Apple is first public company worth $1 trillion

Apple is first public company worth $1 trillion

The feat has of course been a race because the stock market's top 10 is now dominated by tech companies, with Amazon topping $900 billion in market cap and Google and Microsoft worth more than $...

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MoviePass Raises The Price Of Its Standard Plan

MoviePass Raises The Price Of Its Standard Plan

Through these new steps, the company believes it will be able to compress its timeline to reach profitability. Starting sometime next month, the price will be going up to $14.95, and limitations will...

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Wisconsin's five-day sales tax holiday begins Wednesday

Wisconsin's five-day sales tax holiday begins Wednesday

A variety of items and supplies will be tax-free during that time. That's why the break on the gross-receipts tax brings out the deal hunters in droves. The device is a 16-feet-tall high-tech vendin...

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Hundreds Reportedly Get Sick At Ohio Chipotle, Restaurant Closes

Hundreds Reportedly Get Sick At Ohio Chipotle, Restaurant Closes

Its current ratio is 2. We will analyze the growth, profitability, risk, valuation , and insider trends of both companies and see which one investors prefer. The more quickly a price changes up and d...

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Eurozone growth slows as inflation accelerates

Eurozone growth slows as inflation accelerates

Inflation data in the Eurozone's first and fourth biggest economies are promising but not convincingly robust to justify tighter monetary policy. "In an economy in which capacity constraints abound an...

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Higher interest on fixed deposits for NRIs after RBI rate hike

Higher interest on fixed deposits for NRIs after RBI rate hike

The Bank said retail sales had surged by 2.1 per cent in the second quarter, boosted by the recent sunny weather. The U.K. expansion is expected to be just 1.4 per cent this year, though it'll average...

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