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Top News and Analysis: Business

05/25/2019

First American left hundreds of millions of records exposed, security blog reports The leading mortgage settlement and title insurance firm left 885 millions customer records accessible on the web, including personal data such as So...
06:14, 05/25/2019

Maduro invites Huawei to set up 4G network in Venezuela Venezuelan President Nicolás Maduro is inviting China’s Huawei to help set up a 4G network in Venezuela, prompting opposition leader Juan Guaidó to a...
06:14, 05/25/2019

Julia Angwin in Talks to Return to Tech News Site She Helped Found Craigslist founder Craig Newmark is looking to bring back Julia Angwin as editor in chief of the Markup, weeks after her abrupt departure put the lau...
03:00, 05/25/2019

Uber's First Hired Employee, Ryan Graves, Is Leaving the Board Ryan Graves, Uber Technologies Inc.’s first hired employee and one of its longest standing directors, is leaving the board two weeks after the compan...
03:00, 05/25/2019

United Airlines Deepens Commitment to Colombia's Avianca United Continental Holdings said it’s prepared to lend money to Avianca Holdings, part of a deal that would sideline the Colombian air carrier’s bigg...
03:00, 05/25/2019

U.S. Weighs Letting Companies Seek New Penalties Over Currency Manipulation U.S. companies would be able to seek penalties against foreign competitors they say benefit from artificially weak currencies, under a new rule propo...
03:00, 05/25/2019

‘Heartbroken’: Weinstein Accusers Say $44 Million Settlement Lets Him Off the Hook Two actresses who have sued the movie producer said they would not sign on, jeopardizing the proposed deal. Others expressed anger and disappointment...
02:14, 05/25/2019

Oil rises more than 1% but sets biggest weekly loss of 2019 Oil prices climbed more than 1% on Friday ahead of long U.S. and UK holiday weekends, but posted the biggest weekly drop of the year, pressured by ri...
01:28, 05/25/2019

Global stocks climb on muted trade hopes, dollar slips World equity markets rebounded on Friday from the previous day's sharp fall, after U.S. President Donald Trump said complaints against China's Huawei...
01:28, 05/25/2019

Wall St. edges higher after Trump sparks U.S.-China trade hopes Wall Street's major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from U.S. President Donald Trump ...
01:28, 05/25/2019

How Austria’s Leader Is Imperiled by a Video He’s Not In Since taking power in 2017, the EU’s youngest leader, Chancellor Sebastian Kurz of Austria, has tried to show that conservatives can effectively work...
00:56, 05/25/2019

If You’re Wondering How Hard a ‘Hard Brexit’ Could Be The U.K. and the European Union are at a standoff on the terms of their divorce. With the departure of British Prime Minister Theresa May, there’s gr...
00:56, 05/25/2019

Will U.S. war on Huawei help China end its dependency on Western tech? The geopolitical clash between the United States and China hinges on the tiniest of technologies, chips and other components that are essential to ne...
00:56, 05/25/2019

Facebook acknowledges Pelosi video is faked but declines to delete it Despite determinations that a Nancy Pelosi video circulating widely on social media is a fake, Facebook has determined not to remove it, saying its p...
00:56, 05/25/2019

Security blog reports that First American left hundreds of millions of records exposed A leading mortgage settlement and title insurance company, First American Financial Corporation, left hundreds of millions of customer records access...
00:56, 05/25/2019

Stop the office AC overload: Study shows women are more productive when it’s warmer A new study shows women tend to perform better on certain skills when the temperature is a little warmer, making them more productive. But men tend t...
00:56, 05/25/2019

The U.S. war on Huawei may end up hurting American tech companies The Trump administration's restrictions on Huawei are likely to prod China to close the technological gap with the United States, possibly creating n...
00:56, 05/25/2019

Will Congress Expand the Insider Trading Prohibition? The House Financial Services Committee has passed a bill that would for the first time set forth what was required for proof, in some ways making cas...
00:28, 05/25/2019

More Turmoil at The Markup, a Tech Site Still in Beta Mode After the firing last month of the top editor, Julia Angwin, two other key members of the editorial team are out, said the site’s main donor, Craig N...
00:28, 05/25/2019

|Cosatuhitsoutat'ill-qualified'Mkwebane,asksRamaphosatohaltactingonherreportsfornow President Cyril Ramaphosa should set aside all Public Protector Busisiwe Mkwebane reports until her competency and trustworthiness has been ascertain...
23:00, 05/24/2019

Facebook Privacy Settlement Delayed by FTC Split A long-awaited multibillion-dollar settlement between Facebook and federal regulators over privacy missteps has been bogged down by a split between R...
22:56, 05/24/2019

MAX's Return to Flight Delayed by FAA's Reevaluation of Safety Procedures for Older 737 Models A review of Boeing Co.’s 737 MAX jets has expanded to include emergency procedures used by pilots on earlier 737 models, further delaying the MAX’s r...
22:14, 05/24/2019

Boeing faces SEC probe into disclosures about 737 MAX problems: Bloomberg The U.S. Securities and Exchange Commission is probing whether Boeing Co provided sufficient disclosures about issues related to its 737 MAX jets, wh...
21:56, 05/24/2019

Oil edges higher but set for biggest weekly loss of 2019 Oil prices climbed 1 percent on Friday ahead of long U.S. and UK holiday weekends, but were on track for their biggest weekly drop of the year, press...
21:56, 05/24/2019

China accuses U.S. officials of misleading public on trade war China on Friday accused U.S. officials of lying to the public about their trade war, as rising tensions between the world's two largest economies kep...
21:56, 05/24/2019

Wall St. clings to slight gains after Trump sparks U.S.-China trade hopes Wall Street's major indexes edged higher on Friday in a rebound from the previous session's losses after upbeat comments from U.S. President Donald T...
21:56, 05/24/2019

United Airlines shakes up Avianca leadership after shareholder default United Airlines launched a management overhaul at Colombia's Avianca Holdings on Friday, removing top shareholder German Efromovich from controlling ...
21:56, 05/24/2019

United Airlines extends cancellations of Boeing 737 MAX flights into August United Airlines said on Friday it is extending by one month its cancellations of Boeing Co 737 MAX flights, through Aug. 3, as the jetliner remains g...
21:56, 05/24/2019

Maersk Says Trade Tensions Hitting Shipping Demand The Danish shipping giant swung to a first-quarter loss and warned that rising trade tensions between the U.S. and China could cut container growth b...
21:56, 05/24/2019

|OldMutualCEOinnomoodtogoquietly Suspended by the board for conflicts of interest involving his investment firm NMT Capital, CEO Peter Moyo signalled he has no intention of going qui...
21:00, 05/24/2019

This New Treatment Could Save the Lives of Babies. But It Costs $2.1 Million. The price set by the Swiss drugmaker Novartis may be the world’s highest for a single treatment — prompting renewed debate about how society will pay...
20:56, 05/24/2019

Two Men Charged in Pelvic Mesh Removal Scheme An indictment in Brooklyn says a physician and a medical consultant were part of a network that enticed women to have surgery to bolster lawsuit sett...
20:56, 05/24/2019

|JUSTIN:GordhanfightsMkhwebane'sreport:'PublicProtectorhasonceagainerred' Public Enterprises Minister Pravin Gordhan plans to institute immediate review proceedings against the Public Protector's report and findings, includ...
20:00, 05/24/2019

Three things could cause a 'second wave' in the market sell-off The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses, writes No...
20:00, 05/24/2019

Navy deactivates Grim Reaper fighter squadron in Florida The U.S. Navy deactivated one of two remaining F-35C Joint Strike Fighter training squadrons, known as Grim Reaper, transferring the activities from ...
19:56, 05/24/2019

HII cuts first steel for Columbia-class submarine program Huntington Ingalls Industries cut the first steel plate of the Columbia ballistic missile submarine at Newport News Shipbuilding in Virginia, marking...
19:56, 05/24/2019

Wall Street gains on trade reprieve ahead of long weekend U.S. stocks gained on Friday, ahead of a long Memorial day weekend, as investors breathed a sigh of relief after President Donald Trump indicated tha...
19:28, 05/24/2019

Oil steady but set for 2019's biggest weekly loss Oil prices were steady on Friday ahead of long U.S. and UK holiday weekends, but were on track for its biggest weekly drop of the year, pressured by ...
19:28, 05/24/2019

Boeing faces SEC probe into disclosures about 737 MAX problems - Bloomberg The U.S. Securities and Exchange Commission is probing whether Boeing Co provided sufficient disclosures about issues related to its 737 MAX jets, wh...
19:28, 05/24/2019

Boeing at two-week high as approval for 737 MAX to fly seen by late June Shares of Boeing Co rose as much as 3% to more than a two-week high on Friday after Reuters reported that the Federal Aviation Administration (FAA) e...
19:28, 05/24/2019

Wall Street week ahead: Trade protection doesn't have to exclude growth stocks The escalating U.S.-China trade war has sent dividend-rich sectors like utilities higher, but investors don't need to get all defensive just yet, acc...
19:28, 05/24/2019

It’s Almost ‘529 Day,’ and States Say Don’t Forget This College Savings Gift The number of 529 accounts has grown in the past few years. But most people still haven’t heard of the plans or know about their tax benefits, resear...
19:14, 05/24/2019

|OldMutualsuspendedCEOindisputeoverNMTCapitalinterest Old Mutual suspended Chief Executive Officer Peter Moyo due to a disagreement over the handling of the relationship between the South African insurer...
17:42, 05/24/2019

Oil rises towards $69 but set for 2019's biggest weekly loss Oil rose towards $69 a barrel on Friday after two sessions of losses but remained on track for its biggest weekly drop of the year, pressured by risi...
17:00, 05/24/2019

Wall Street gains as trade tensions ease U.S. stocks posted broad-based gains on Friday, ahead of a long weekend, as sentiment was buoyed by optimistic comments by President Donald Trump tha...
17:00, 05/24/2019

German appeals court rules in favor of VW diesel owners A regional appeals court in Karlsruhe on Friday ruled that German Volkswagen dealers must take back cars fitted with illegal software devices or give...
17:00, 05/24/2019

Goldman bumps up no-deal Brexit odds after May resignation Goldman Sachs raised its probability of a no-deal Brexit to 15% from 10% on Friday as Prime Minister Theresa May's resignation potentially opened the...
17:00, 05/24/2019

How To Decide On The Perfect Air Conditioner For Your Home This Summer Before you decide, you need to figure out which type of air conditioner would suit your needs. A number of key factors determine which air conditione...
16:56, 05/24/2019

Rupee Set For Weekly Gain After PM Modi's Landslide Election Win: Report The currency ended 0.5 per cent lower on Thursday after scaling a session peak of 69.38 when initial leads suggested a facile victory for PM Modi's c...
16:56, 05/24/2019

Key Things To Know About SBI's Basic Savings Bank Deposit Account SBI's zero balance account: A basic RuPay ATM-cum-debit card is issued free of cost and no annual maintenance charge is applied. The receipt/ credit ...
16:56, 05/24/2019

GoAir Offers Flight Tickets From 1,375 Rupees, Check Routes Here Under GoAir's offer, the cheapest flight ticket is on the Bagdogra-Guwahati route, starting at Rs. 1,375, which is applicable for travel till June 30...
16:56, 05/24/2019

Sensex Surges Over 600 Points After BJP's Landslide Victory In 2019 Polls The S&P BSE Sensex and NSE Nifty 50 Index staged a sharp upmove a day after Prime Minister Narendra Modi-led National Democratic Aliance (NDA) won an...
16:56, 05/24/2019

Here Is How You Can Book An Entire Train, Coach From IRCTC Website IRCTC FTR: IRCTC's Full Tariff Rate or FTR service allows individuals or organisation to make bookings for an entire train or a coach through its web...
16:56, 05/24/2019

Vistara Leases Six Planes From BOC Aviation For Local Expansion Vistara said it plans to lease four Boeing Co 737-800 aircraft which will be delivered in May and two Airbus A320neo planes that are scheduled for de...
16:56, 05/24/2019

Rupee Rises 49 Paise To Settle at 69.53 Against Dollar On weekly basis, the domesticcurrency gained 70 paise helped by a host of domestic and global factors like stable political outlook with NDA (Nationa...
16:56, 05/24/2019

It’s Never Been Easier to Be a C.E.O., and the Pay Keeps Rising Compensation for top bosses grew at double the pace of ordinary workers’ wages, according to our annual analysis. Topping the list: Elon Musk, with a...
16:42, 05/24/2019

|Gaffes,skeletonsandballots:HowtheTorypartypicksaleader Prime Minister Theresa May has fired the starting gun on the race to replace her. Former Foreign Secretary Boris Johnson is the early favorite, but T...
16:28, 05/24/2019

|GordhanmustnotbepartofRamaphosa'snewCabinetafterPP'sfindings-EFF Pravin Gordhan is now among other 'constitutional delinquents' the EFF has said, in response to the Public Protector's findings that the minister is ...
16:28, 05/24/2019

CVC revs up £1.2bn sale of warranty giant D&G The former owner of Formula One motor racing is revving up a fresh attempt to offload Domestic & General (D&G), the warranty giant which insures mill...
15:56, 05/24/2019

Amazon shares will reach $3,000 in 2 years without the company really trying, Piper Jaffray says Analyst Michael Olson says he has "a high degree of confidence" that Amazon shares can reach the level without "significant changes to the business."...
15:14, 05/24/2019

|ComplainantsinthedarkaboutprobeintoTransnet'sR647mpayment More than a year has passed without the Hawks updating complainants about their progress in investigating a suspicious R647m payment made by Transnet...
14:42, 05/24/2019

|BREAKING:PublicProtectorfindsGordhanguiltyof'improperconduct' Public Protector Busisiwe Mkhwebane has found Public Enterprises Minister Pravin Gordhan guilty of "improper conduct" over his approval of then-deput...
14:42, 05/24/2019

Durable-Goods Orders Fell in April Orders for long-lasting factory goods declined in April as business investment cooled while orders for civilian aircraft fell sharply amid problems w...
14:42, 05/24/2019

Trump Preparing Executive Order on Health-Cost Disclosure President Trump is expected to issue an executive order as early as next week to mandate the disclosure of prices in the health-care industry. Federa...
14:42, 05/24/2019

The Power Players Dominating Chapter 11 Bankruptcy The fate of trillions of dollars in corporate assets—as well as millions of employees, pensioners, shareholders, investors and suppliers—is concentra...
14:42, 05/24/2019

Freight Market Shifts into Lower Gear Sagging prices and mixed economic signals are casting a cloud over the U.S. freight market as bad weather and trade concerns bog down the spring ship...
13:56, 05/24/2019

Nestlé Focuses on Factories, Procurement to Hit Cost-Cutting Goal Nestlé has achieved about half of the cost savings it hopes to implement by 2020 in a cost-cutting effort focused on boosting efficiency and centrali...
13:56, 05/24/2019

MiMedx Injectables Don't Meet Regulatory Standards Despite Claim to FDA The biomedical company’s injectable wound-care products don’t meet regulatory standards more than two years after MiMedx told the Food and Drug Admin...
13:56, 05/24/2019

Japan Downgrades Views on Its Economy The Japanese government downgraded its view of industrial production and other key parts of the economy, highlighting concerns about the U.S.-China t...
13:56, 05/24/2019

Snapchat Looks to Let Users Add Music to Posts Snap is in talks with major record labels to expand the ways users can include music in posts on its flagship Snapchat app, as the company faces comp...
13:56, 05/24/2019

Unicorns' Unicorns: Qualified CFOs As more startups turn into large, complex firms, many are looking to hire a finance chief who can impose financial discipline and bring a new level o...
13:56, 05/24/2019

Airlines and Fliers Brace for Summer Snarls The summer travel season is poised to inflict pain on both U.S. airlines and fliers. Among the issues at airports: the extended grounding of Boeing’s...
13:56, 05/24/2019

Who Needs Google's Android? Huawei Trademarks Its Own Smartphone OS Huawei is pinning its hopes on a self-designed operating system to replace Google’s Android following a U.S. blacklisting. The question is: Can it su...
13:56, 05/24/2019

|BeyondMay:TheToryrivalsjostlingtobeUKPrimeMinister Prime Minister Theresa May’s decision to step down on June 7 has fired the starting gun for a Conservative Party leadership race that could redefine ...
13:42, 05/24/2019

|InvestorshavewishlistasRamaphosapickshisCabinet South African equity investors got the election result they wanted, more or less. Now they’re hoping President Cyril Ramaphosa will follow by choosin...
13:42, 05/24/2019

Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade ...
13:14, 05/24/2019

|DatafailstocapturecomplexityofSA’sunemploymentcrisis South Africa’s embrace of international conventions has buttressed the country’s reputation in statistical circles. But these global standards prove ...
12:28, 05/24/2019

|BarriersremainforwomeninSAworkplace–brandexpert While there are no institutional restrictions on women in the workplace in SA, there are a number of barriers for women in business, says the CEO of ...
12:28, 05/24/2019

|KganyagosaysbankscouldhandlepotentialEskomdefault South Africa’s banking industry would be able to withstand a default by Eskom, but the impact on pension funds is a concern for the central bank, Gov...
12:28, 05/24/2019

|OldMutualsuspendsitsCEOPeterMoyo In an email to staff, Old Mutual Chairperson Trevor Manuel wrote that Moyo's suspension is not related to performance, but 'as a result of a conflict...
12:28, 05/24/2019

|SouthAfricapartofcollateraldamagefromUS-Chinatradewar The country is 'a small, open economy which grows by selling into the global demand,' central bank Governor Lesetja Kganyago told reporters in Pretor...
12:28, 05/24/2019

|MarketsLIVE:NorealreactionfrompoundasMayannouncesresignation Speaking in front of 10 Downing Street, British PM Theresa May said it was in the best interests of the UK for a new prime minister to lead the effor...
12:28, 05/24/2019

|BREAKING:BritishPrimeMinisterTheresaMayannouncesresignation Theresa May will resign as British Prime Minister on June 7. Speaking in front of 10 Downing Street, May said she had done everything she could to co...
12:28, 05/24/2019

To Rein In Big Tech, EU Thinks Privacy, Not Prices Europe has taken the lead among democracies in policing the web business. With a mixture of legal actions and new rules tailored for the digital worl...
12:28, 05/24/2019

The World’s Most Controversial Coal Mine Doesn’t Add Up Adani’s Carmichael project became a hot-button issue in Australia’s recent election. It could finally be getting the go-ahead, but the math is all wr...
12:28, 05/24/2019

Warren, Ocasio-Cortez demand answers on Sears bankruptcy from Mnuchin The congresswomen say they are "deeply concerned by the financial engineering" that occurred while the treasury chief served on the retailer’s board....
12:28, 05/24/2019

European pilots say FAA, Boeing moving too fast toward lifting 737 Max ban The comments came as U.S. regulators hosted aviation authorities from around the world in Texas to discuss the process for returning the aircraft to ...
12:28, 05/24/2019

Are Americans benefiting from the strong economy? A Fed report raises questions Almost 4 in 10 people wouldn't be able to cover a $400 emergency, according to the Federal Reserve report that lays out the everyday concerns that wo...
12:28, 05/24/2019

Trump announces $16 billion in aid for U.S. farmers hit by trade war The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns....
12:28, 05/24/2019

China aluminum magnate Zhang Shiping dies aged 73 Zhang Shiping, who oversaw the rise of China Hongqiao Group into the world's biggest aluminum producer, died on Thursday at the age of 73, the compan...
12:14, 05/24/2019

British Airways to resume Pakistan flights next week after a decade British Airways will resume flights to Pakistan next week a decade after it suspended operations following a major hotel bombing, becoming the first ...
12:14, 05/24/2019

Nestle still committed to global confectionery: CEO Nestle remains committed to confectionery despite unloading its U.S. chocolate operations during a review of the food giant's operations, Chief Execu...
12:14, 05/24/2019

China airline association estimates losses from 737 MAX grounding at $579 million The China Air Transport Association (CATA) on Friday said it estimates losses at Chinese airlines caused by the grounding of Boeing Co's 737 MAX airc...
12:14, 05/24/2019

U.S. regulator sees approval of Boeing 737 MAX to fly as soon as late June: sources The Federal Aviation Administration (FAA) expects to approve Boeing Co's 737 MAX jet to return to service as soon as late June, representatives of th...
12:14, 05/24/2019

Light PBOC touch makes once unlikely yuan at 7/$ seem possible As China's yuan slips to historically weak levels against the dollar, the central bank's atypical light touch is spurring speculation that policymake...
12:14, 05/24/2019

Global stocks, oil edge higher on muted trade optimism World stocks edged higher on Friday and oil prices recovered from bruising falls, after U.S. President Donald Trump nurtured muted hopes of progress ...
12:14, 05/24/2019

Oil rises toward $69, but set for 2019's biggest weekly loss Oil rose toward $69 a barrel on Friday after two sessions of losses, but remained on track for its biggest weekly drop this year due to rising invent...
12:14, 05/24/2019

Foreign investors hope India dials back policy shocks after Modi win Foreign companies in India have welcomed Prime Minister Narendra Modi's election victory for the political stability it brings, but now they need to ...
12:14, 05/24/2019

China denounces U.S. 'rumors' and 'lies' about Huawei ties to Beijing China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China's Huawei Technologies...
12:14, 05/24/2019

Mothercare sees 'improving UK trends' as losses leap Mothercare has reported a 20% leap in losses for its last financial year but says it is now starting to see "improving trends" in its core UK market ...
09:56, 05/24/2019

Sensex, Nifty Off Day's Highs As IT, Energy Stocks Sag Domestic stock markets gave up most of early gains on Friday, as losses in IT, energy and fast-moving consumer goods stocks offset advances in financ...
07:56, 05/24/2019

Rs 100 Lakh Crore Spending Push In India Tops Agenda Of Modi 2.0 With revenues under strain, the government is borrowing more and seeking to extract additional capital from the central bank. Any further widening in...
07:56, 05/24/2019

How Petrol And Diesel Rates Have Changed In Last Few Weeks Petrol price today:With effect from 6 am on May 24, the price of petrol was revised to Rs 71.39 per litre in Delhi and Rs 77 per litre in Mumbai, fro...
07:56, 05/24/2019

Trade war escalation 'to cost households £656 a year' The average US household will be left $831 (£656) worse off as a result of the latest hikes in tariffs on Chinese goods in the nations' trade wa...
07:42, 05/24/2019

Harvey Weinstein Is Said to Reach $44 Million Deal to Settle Lawsuits About $30 million would be set aside for women who have accused him, employees of his former studio and creditors, according to people briefed on the...
04:14, 05/24/2019

Trump Administration Rolls Out $16 Billion Farm-Aid Program President Trump rolled out a $16 billion plan to help farmers hit by the trade conflict with China and suggested Huawei Technologies could potentiall...
03:14, 05/24/2019

Cramer: The bad trade news is partially baked in, but the sell-off isn't over "We still haven't seen the big estimate cuts that we can expect from the analysts who weren't expecting President Trump to keep raising tar...
02:28, 05/24/2019

FAA chief calls eight-hour meeting on Boeing 737 MAX 'exceedingly positive' The acting head of the Federal Aviation Administration said on Thursday that an eight-hour meeting with international air regulators to discuss the g...
02:14, 05/24/2019

RICO Offers a Powerful Tool to Punish Executives for the Opioid Crisis The conviction of leaders at Insys on racketeering charges was a significant step toward imposing substantial penalties on corporate officials for co...
02:00, 05/24/2019

To Get Boeing 737 Max Flying, Global Consensus Will Be Hard One big sticking point is whether to require that pilots undergo additional training on a simulator. If the training is required, the planes would be...
02:00, 05/24/2019

Intuit Raises Outlook Amid TurboTax Scrutiny Intuit raised its profit and sales outlook for the year, citing strong results in the latest quarter despite mounting legislative scrutiny over the b...
01:00, 05/24/2019

Eurozone Economy Slows as Demand for Exports Stalls Europe’s economic recovery appears to be stalling amid flagging international demand for its exports, according to a closely-watched business survey ...
01:00, 05/24/2019

Latest China Tariffs Will Cost $831 per Household, Report Says The latest increase in tariffs on Chinese imports is costing the average U.S. household $831 a year through higher prices and reduced economic effici...
01:00, 05/24/2019

Trade uncertainties big downside risk, Fed officials say Uncertainty over U.S.-China trade, including how long recently increased tariffs will stay in place and if and how trade tensions will get resolved, ...
00:56, 05/24/2019

Deutsche Bank plans cuts in U.S. equities, prime unit: sources Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy abou...
00:56, 05/24/2019

Zara owner Inditex appoints new CEO in drive for digital growth Zara owner Inditex said it would split its dual role of chief executive and chairman, leaving Pablo Isla to lead the company and appointing Carlos Cr...
00:56, 05/24/2019

U.S. tariffs on China to cost American households: NY Fed research The newest round of U.S. tariffs on Chinese imports will cost the typical American household $831 annually, researchers said on Thursday, as the Trum...
00:56, 05/24/2019

Oil plummets, on track for biggest weekly drop in 2019 Oil prices plunged on Thursday, losing about 5% as trade tensions dampened the demand outlook, putting the crude benchmarks on course for their bigge...
00:56, 05/24/2019

Best Buy keeps full-year view, warns of higher prices from more tariffs Best Buy Co Inc on Thursday stuck to its full-year forecast due to the impact of the latest U.S. tariffs on Chinese imports and warned any new levies...
00:56, 05/24/2019

Global shares slide on fear trade spat morphs to a tech cold war World shares skidded further on Thursday and oil prices plunged more than 5% as investors worried the China-U.S. trade spat was turning into a techno...
00:56, 05/24/2019

Trade tensions slam Wall St. as global growth worries mount U.S. stocks slumped on Thursday as investors dumped shares of companies in growth and cyclical sectors, with energy and technology leading declines, ...
00:56, 05/24/2019

Trump says Huawei dispute could be resolved in trade deal with China U.S. President Donald Trump characterized Chinese telecommunications giant Huawei Technologies Co Ltd as very dangerous on Thursday but said its disp...
00:56, 05/24/2019

Boeing drops Embraer name from Brazil commercial jet division Boeing Co on Thursday said that after taking over Brazilian planemaker Embraer SA's passenger jet unit, it will call the division Boeing Brasil - Com...
00:56, 05/24/2019

Pennsylvania utilities commission approves T-Mobile-Sprint merger Pennsylvania's Public Utility Commission on Thursday approved T-Mobile US Inc's $26 billion purchase of rival Sprint Corp, bringing the megamerger on...
00:56, 05/24/2019

Exclusive: FAA tells U.N. aviation agency 737 MAX ungrounding in U.S. could happen by late June - sources U.S. Federal Aviation Administration (FAA) representatives told members of the United Nations' aviation agency they expect an ungrounding of Boeing C...
00:56, 05/24/2019

Fed officials say trade tensions could threaten growth The recent ratcheting up of U.S.-China trade tensions is creating uncertainties for businesses and could threaten economic growth, four Federal Reser...
00:56, 05/24/2019

Trump administration announces $16 billion farm aid plan to offset trade war losses The Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a 10-month trade war with China and said payment r...
00:56, 05/24/2019

Trump says 'dangerous' Huawei could be included in U.S.-China trade deal President Donald Trump said on Thursday U.S. complaints against Huawei Technologies Co Ltd might be resolved within the framework of a U.S.-China tra...
00:56, 05/24/2019

Exclusive: FAA tells U.N. panel it expects Boeing 737 MAX approval as early as late June - sources U.S. Federal Aviation Administration (FAA) representatives told members of the United Nations' aviation agency they expect approval of Boeing Co's 73...
00:56, 05/24/2019

Exclusive: U.S. airlines expect Boeing 737 MAX jets need up to 150 hours of work before flying again Once regulators approve Boeing Co's grounded 737 MAX jets for flight, each aircraft will likely require between 100 and 150 hours of preparation befo...
00:56, 05/24/2019

|IMFsaysUSpayingChinatariffcosts,contradictingTrump Companies in the US are paying almost all the costs from Donald Trump’s tariffs on Chinese imports, IMF researchers said in findings that contradict ...
00:14, 05/24/2019

Southwest won't charge passengers to change planes to avoid the Boeing 737 Max Southwest Airlines won't charge passengers to avoid flying on the Boeing 737 Max, grounded after 2 crashes, if the jets are allowed to fly again...
00:00, 05/24/2019

Trump’s Financial Secrets Move Closer to Disclosure A federal judge rejected President Trump’s efforts to block banks from complying with congressional subpoenas, and New York lawmakers voted to let Co...
23:42, 05/23/2019

Chip Makers Are Punished as the Trade War Drags On Shares of Qualcomm, Nvidia and other American chip makers have tumbled as the companies find themselves at the center of the dispute between the U.S....
23:42, 05/23/2019

Facial Recognition Sometimes it’s nice to be recognized. Sometimes it’s not. But pretty soon almost wherever you go, it’s possible that someone will know who you are. F...
23:14, 05/23/2019

What’s Suspicious? Here’s How Banks Apply the Smell Test The phrase “if you see something, say something” isn’t just about packages left on the subway. Banks around the world have a similar duty. The first ...
23:14, 05/23/2019

Facebook removed 3 billion fake accounts over a six-month period Facebook said it had removed more than 3 billion fake accounts over the past two quarters, a spike in inauthentic activity that the tech giant attrib...
23:14, 05/23/2019

Faked Pelosi videos, slowed to make her appear drunk, spread across social media Distorted videos of House Speaker Nancy Pelosi, altered to make her sound as if she’s drunkenly slurring her words, are spreading rapidly across soci...
23:14, 05/23/2019

Escalating U.S.-China trade threats stagger markets; Dow claws back to close at a 286-point loss Global markets sagged Thursday as uncertainty over trade relations between the United States and China continued to sour investors. The Dow Jones ind...
23:14, 05/23/2019

Wall Street may need to worry about Trump impeachment talk President Trump declared legislative negotiations will grind to a halt until Democrats drops their investigations of him. As soon as late summer, acc...
23:14, 05/23/2019

Head of NOAA says 5G deployment could set weather forecasts back 40 years. The wireless industry denies it. Both sides agree that American advancement and leadership in 5G is critical, but talks break down when it comes to the acceptable level of interferen...
23:14, 05/23/2019

Raytheon wins $151.5M contract to provide missile support for U.S., 20 allies Raytheon Missile Systems was awarded a $151.5 million contract to provide the United States and 20 allies with integrated logistics support and repai...
22:42, 05/23/2019

Why a Magazine Giant Wanted Nothing to Do With Time and Fortune Meredith tries to navigate a collapsing business by dropping news-driven prestige titles in favor of lifestyle and celebrity magazines like Happy Paw...
22:28, 05/23/2019

Bipartisan Proposal Aims to Curb Anticompetitive Hospital Pricing Contracts Proposed bipartisan draft legislation aims to promote transparency in health-care pricing by protecting consumers from surprise medical bills and boo...
21:28, 05/23/2019

One-Quarter of Working Americans Have Zero Retirement Savings Many American households remain financially fragile and uncertain about their retirement prospects despite a booming job market that is lifting wages...
21:28, 05/23/2019

Triton swoops to bid for Thomas Cook’s Nordic arm One of Europe's largest buyout firms has approached Thomas Cook Group about a takeover of its Nordic airline and tour operator that could help the Br...
21:00, 05/23/2019

|Mokonyanebacksdownoncontroversialpollutionlaw-fornow Environmental Affairs Minister Nomvula Mokonyane has backed down on her controversial move to double the amount of harmful sulphur dioxide that indus...
20:28, 05/23/2019

Trump Gives Farmers $16 Billion in Aid Amid Prolonged China Trade War The Trump administration announced an aid package for farmers on Thursday to mollify an important political constituency hurt by a trade clash with C...
20:28, 05/23/2019

FAA acting head: Airlines don't need to extend Boeing 737 Max flight cancellations The FAA's acting chief says airlines don't need to make more changes to their schedules after removing the the Boeing 737 Max from service ...
19:42, 05/23/2019

Hollywood's biggest talent agency is finally going public Ari Emanuel's talent agency Endeavor is finally going public. The company released it's long-awaited IPO prospectus on Thursday. The compan...
19:42, 05/23/2019

|'Whac-a-Mole'stockmarketisnowgettinghitfromallsides There’s the trade war, the escalating conflagration in Washington, near-anarchy in the UK and tensions in the Middle East. Add perceptions of a stiff...
19:00, 05/23/2019

|FerialHaffajee:ForgetCabinet,cuttheprovincesandprovincialoverlordsinstead While all eyes are focused on how high President Cyril Ramaphosa will swing the axe as he cuts the size of his Cabinet, better efficiencies could com...
19:00, 05/23/2019

|R647mpricetagforrelocationoftrainassemblypoint'unjustifiable' The ballooning cost of relocating an assembly point for Transnet locomotives from Pretoria to Durban made no financial sense, the state capture inqui...
19:00, 05/23/2019

|Facebookremovesarecord2.2billionfakeaccounts Facebook said it removed 2.2 billion fake accounts in the first quarter, a record that shows how the company is battling an avalanche of bad actors t...
19:00, 05/23/2019

Taco Bell Plans Expansion in India With 600 New Locations Taco Bell plans to build 600 restaurant locations in India in the next 10 years and enter into new international markets as the Mexican-inspired fast...
17:28, 05/23/2019

U.S. New-Home Sales Fell in April New-home sales in the U.S. declined in April, posting the largest monthly drop since the end of last year and signaling the housing market is on weak...
17:28, 05/23/2019

Judge Chides Qualcomm Executives Over FTC Trial Testimony This week’s court ruling against Qualcomm was more than a business setback: It came with a stinging rebuke of the chip giant’s leaders from the feder...
17:28, 05/23/2019

European pilots urge EU regulator to conduct independent review of Boeing 737 Max European pilots are urging the EU's aviation regulator to conduct an independent and thorough review of the Boeing 737 Max before it flies again...
17:14, 05/23/2019

|WalmartsendsveterantofixstrugglingSouthAfricabusiness Massmart Holdings fell the most in three months as the troubled South African retail chain warned on profit and majority shareholder Walmart sent one...
16:00, 05/23/2019

|ChinaurgesUStofix'wrongpractices'toresumetradetalks China blamed Washington for wrecking trade talks and insisted the US must alter its 'wrong practices' before negotiations can resume, leaving the nex...
16:00, 05/23/2019

|CosatuwantsGordhan'sPublicEnterprises'sdepartmentscrapped Cosatu wants state companies to be managed by various ministries and wants the Department of Public Enterprises scrapped when President Cyril Ramapho...
16:00, 05/23/2019

|InquiryhearsTransnetfleetnowworseoffthanbeforebillionrandacquisitions Former Transnet Engineer, Francis Callard, appeared near to tears as he concluded three days of testimony about irregular procurement processes at th...
16:00, 05/23/2019

|ReserveBankagainkeepsreporateunchangedat6.75% Governor of the SA Reserve Bank Lesetja Kganyago announced the benchmark rate call at a media briefing in Pretoria on Thursday afternoon, following a...
16:00, 05/23/2019

Honda recalls 137,000 SUVs for sudden airbag deployments Honda Motor said on Wednesday it is recalling 137,000 new sport utility vehicles following reports of three injuries tied to sudden air bag deploymen...
16:00, 05/23/2019

Natura agrees to buy Avon, creating a cosmetics powerhouse Brazil's Natura said on Wednesday it had reached an agreement to buy rival Avon Products via a share swap, creating the world's fourth-larg...
16:00, 05/23/2019

L Brands Lifts Outlook on Strength of Bath & Body Works Victoria’s Secret owner L Brands raised its profit outlook for the year as the retailer beat overall sales targets in the latest quarter thanks to Ba...
15:28, 05/23/2019

FAA Acting Chief Won't Predict When 737 MAX Will Return to Flight Acting Federal Aviation Administration chief Daniel Elwell appeared to undermine industry expectations that Boeing’s grounded 737 MAX jets would be h...
15:28, 05/23/2019

Bill Would Aid U.S. Telecom Carriers Hit by Huawei Ban Lawmakers introduced legislation that would provide up to $700 million to help U.S. telecom carriers remove equipment purchased from Huawei and other...
15:28, 05/23/2019

Trump's Point Man on China Trade Still Trying to Close the Deal The trade impasse between the U.S. and China reflects the view of the Trump administration—and trade representative Robert Lighthizer—that a deal sho...
15:28, 05/23/2019

U.S. Jobless Claims Decreased Last Week The number of Americans filing applications for new unemployment benefits fell last week for the third consecutive week, pointing to a historically t...
15:28, 05/23/2019

Logistics Bottlenecks Hamper Efforts to Sidestep Tariffs Companies looking to move some production from China to other Asian countries to avoid mounting U.S. tariffs on Chinese imports face significant bump...
15:28, 05/23/2019

Seeking Stability in Europe, U.S. Firms Get Out the Vote Several big American companies are joining European peers and business associations in urging employees and the general public to vote in elections f...
15:28, 05/23/2019

Floods Swamp U.S. Farm Belt The wettest year on record is piling up costs for the nation’s biggest agricultural companies, stalling farmers’ fieldwork and slowing shipments acro...
15:28, 05/23/2019

Facebook Debated Completely Eliminating Political Ads Facebook said it stopped paying commissions to employees who sell political ads, as it overhauls how it engages with campaigns ahead of elections in ...
15:28, 05/23/2019

Gold Prices Moves Lower To 32,670 Rupees In the national capital, gold of 99.9 per cent and 99.5 per cent purity dropped by Rs 10 each to Rs 32,670 per ten 10 grams and Rs 32,500 per 10 gram...
15:14, 05/23/2019

Employees' Provident Fund: Interest Rate, Withdrawal Rules, Key Details Employees' Provident Fund or EPF, a government-run pension scheme, fetches an interest at the rate of 8.65 per cent. It is a mandatory contribution f...
15:14, 05/23/2019

Robert Smith pledged to pay off Morehouse graduates’ student loans. Is this fair to families who saved? Should families who didn't benefit from Smith's generous gift of paying off the student loans for the class of 2019 Morehouse graduates feel as thoug...
13:42, 05/23/2019

|MarketsLIVE:Randholdsontogains;US-Chinatradewarescalates "CPI data out yesterday showed an increase of 4.4%, mainly on the back of higher fuel price, while the SA Reserve Bank is expected to leave the repo ...
11:42, 05/23/2019

|Full-blowntradewarquicklyshiftingfromrisktobaseline After months of predicting a trade deal between the world’s two largest economies, economists at some of the biggest financial institutions are growi...
11:42, 05/23/2019

Asia shares slump to four-month low on risk of interminable trade war Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a pro...
11:00, 05/23/2019

China says lodged solemn representations with U.S. over Huawei China said on Thursday it had lodged solemn representations with the United States after it blocked Chinese telecoms equipment maker Huawei from buyi...
11:00, 05/23/2019

China says U.S. needs to correct wrong actions to continue trade talks The United States needs to correct its wrong actions if it wants to continue negotiations with China to end a damaging tariff war, China's Commerce M...
11:00, 05/23/2019

Deutsche Bank chairman signals cuts are in store as AGM starts Deutsche Bank Chairman Paul Achleitner on Thursday signaled cuts are in store at Germany's largest lender and that the chief executive would soon ela...
11:00, 05/23/2019

Malaysian police raid Deloitte office for 1MDB-related documents: sources Malaysian police raided the Kuala Lumpur office of audit firm Deloitte on Thursday to search for documents and records related to a multibillion-doll...
11:00, 05/23/2019

Nippon Life Insurance To Raise Stake In Reliance Capital-Owned Asset Manager Reliance Capital and Nippon Life Insurance Co both own 42.88% stake each in Reliance Nippon. Nippon Life will buy out most of Reliance Capital's stak...
10:28, 05/23/2019

Sensex Tops 40,000 Mark For First Time Ever: 10 Things To Know The S&P BSE Sensex crossed the 40,000 mark for the first time on Thursday as leads showed Prime Minister Narendra Modi's Bharatiya Janata Party-led N...
10:28, 05/23/2019

|Braitflagsdropinnetassetvalueamid'challenging'businessenvironment The investment holding company says its net asset value per share at March 31 2019 is expected to be between R40.75 and R42.75, a reduction of betwee...
09:56, 05/23/2019

|BritishPMTheresaMay'spremiershiphangsbyathread May’s premiership is in question as a high-profile Cabinet minister quits and a growing revolt over Brexit looks set to force the British leader from...
09:56, 05/23/2019

|Bleakfirstquarterof2019forZimbabweminingfirms Mining houses in Zimbabwe experienced a poor first quarter of the year as delays and the non-payment of foreign currency earnings by the central bank...
09:56, 05/23/2019

|PublicInvestmentCorpfacesdilemmaoverbackingLonmindeal The state-owned asset manager faces a tough choice: back Sibanye Gold’s takeover of Lonmin, and take a hit on its investment, or scupper the deal and...
09:56, 05/23/2019

Asia shares hit four-month low on risk of endless trade war Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a pro...
08:28, 05/23/2019

Deutsche Bank investors meet amid questions on strategy, leadership Investors in Deutsche Bank are gathering on Thursday for an annual meeting that is expected to be dominated by questions over the bank's strategy and...
08:28, 05/23/2019

ARM supply halt deals fresh blow to Chinese tech giant Huawei British chip designer ARM halted relations with Huawei to comply with a U.S. blockade of the company, potentially crippling the Chinese telecom compa...
08:28, 05/23/2019

Nestle and Fonterra mull sale of dairy joint venture in Brazil Swiss food group Nestle SA and New Zealand's dairy producer Fonterra Co-operative Group said they would review strategic options for their Dairy Part...
08:28, 05/23/2019

Exclusive: Chile's Codelco set for copper output hit as key mine goes underground Codelco's giant Chuquicamata mine is set for a 40% drop in production over the next two years, an internal forecast seen by Reuters shows, pointing t...
08:28, 05/23/2019

Guggenheim names Anheuser-Busch a 'best idea' on its shift away from traditional brands Shifting focus to Michelob Ultra from Bud Light and a strong innovation pipeline in craft brands have increased Guggenheim's conviction in the b...
07:28, 05/23/2019

|Prasaterminatesemploymentofformercompanysecretary The Passenger Rail Agency of South Africa has terminated the employment contract of its former company secretary - currently the general manager resp...
06:56, 05/23/2019

|Howtomakeeducationfitforthefuture-expert Any education that deems itself "fit for the future" needs to meet the challenges of the changing workplace, says Lee Davis of Cambridge Internationa...
06:56, 05/23/2019

|Airlinesmumaheadofclosed-doortalksonBoeing'sgroundedMax Executives from some of the world's largest airlines will gather for a private meeting Thursday to discuss Boeing's 737 Max at the same time global r...
06:56, 05/23/2019

|Ex-PICexecutivesreportedtoHawksoverperceived'bribery'demand A witness testifying before a commission of inquiry into the PIC has revealed that top executives at the state-owned fund manager have been reported ...
06:56, 05/23/2019

|SAReserveBankexpectedtokeepreporateunchangedfollowingMPCmeeting Governor of the SA Reserve Bank Lesetja Kganyago will announce the benchmark rate call at a media briefing in Pretoria on Thursday afternoon, followi...
06:56, 05/23/2019

The World’s Most Consumed Alcohol Is One You Might Not Have Tried. But It’s Coming to a Bar Near You “You’re going to drink a little more than you like, and you can’t refuse,” the late Anthony Bourdain told his co-star Eric Ri...
06:56, 05/23/2019

LIVE Market Updates: Sensex, Nifty Hit Fresh Record Highs . On Monday, the Sensex registered its biggest single-day gain since September 2013 after exit polls showed the National Democratic Alliance (NDA) pa...
06:14, 05/23/2019

Uber to open third Latin America support center in Bogota Ride-hailing app Uber will spend $40 million over five years to open its third support center in Latin America in September in the Colombian capital ...
06:00, 05/23/2019

Asia shares sink to four-month low, yen a safe harbor Asian shares carved out a four-month trough on Thursday amid worries the Sino-U.S. trade conflict was fast morphing into a technology cold war betwee...
06:00, 05/23/2019

Honda recalls 137,000 SUVs for sudden air bag deployments Honda Motor Co said on Wednesday it is recalling 137,000 new sport utility vehicles (SUVs) following reports of three injuries tied to sudden air bag...
06:00, 05/23/2019

Ikea plans to open first Mexico store in 2020 IKEA, the world's largest furniture seller, will open its first store in Mexico next year and plans to launch other stores around the country, the co...
03:28, 05/23/2019

FAA chief has no timetable for Boeing 737 MAX approval The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable to approve Boeing Co's 737 MAX for fli...
03:00, 05/23/2019

Natura agrees to buy Avon, creating cosmetics powerhouse Brazil's Natura SA said on Wednesday it had reached an agreement to buy rival Avon Products Inc via a share swap, creating the world's fourth-largest...
03:00, 05/23/2019

Honda recalls 118,000 U.S. SUVs for sudden air bag deployments Honda Motor Co's U.S. unit said on Wednesday it is recalling 118,000 new U.S. SUVs following reports of three injuries tied to sudden air bag deploym...
03:00, 05/23/2019

Ikea says it will open first Mexico store in 2020 IKEA, the world's largest furniture retailer, will open its first store in Mexico in the fall of 2020, the company said on Wednesday, as the furnitur...
03:00, 05/23/2019

Uber and Lyft to turn the wheels on car ownership: industry experts Ride-hailing apps like those of Uber Technologies and Lyft Inc are expected to alter the state of car ownership towards subscription-based services a...
03:00, 05/23/2019

Asia feels chill from Sino-U.S. tech cold war Asian shares were stuck in the red on Thursday amid worries the Sino-U.S. trade conflict was fast morphing into a technology cold war between the wor...
03:00, 05/23/2019

Why Japan Is Risking a Tax Hike in a Slow Economy While tax hikes are rarely popular anywhere, in Japan increases in the national sales tax proved especially toxic, squelching economic growth and dam...
02:42, 05/23/2019

Fed Minutes Show Officials in No Rush to Change Interest Rates Federal Reserve officials said they were committed to a “patient approach,” even if the economy strengthened, and some were worried about persistentl...
01:56, 05/23/2019

A Top Executive at Boeing’s Troubled South Carolina Plant Is Out David Carbon’s departure follows a New York Times article that detailed shoddy production and weak oversight at the company’s 787 Dreamliner factory ...
01:56, 05/23/2019

Roundup Weed Killer Litigation Is Kenneth Feinberg’s Next Challenge as Mediator A federal judge overseeing 900 lawsuits alleging that glyphosate causes cancer called on a lawyer who has helped resolve disputes involving Sept. 11 ...
01:56, 05/23/2019

Deutsche Bank Can Release Trump Records to Congress, Judge Rules The ruling from a federal court judge in Manhattan was the second this week against Mr. Trump’s efforts to prevent the release of his financial recor...
01:56, 05/23/2019

Huawei is in the crosshairs of the Trump administration. So why do so few Americans know about the smartphone giant? Huawei is at the center of an international trade dispute with the Trump administration. But most Americans have never even heard of it. So, what is ...
00:14, 05/23/2019

The U.S. government has gone after Huawei. Why do so few Americans know about the smartphone giant? Just a few years ago, Huawei was ascendant in the United States, with executives spinning up plans to be “a leading smartphone brand.” That has large...
00:14, 05/23/2019

Musk's SpaceX sues U.S. Air Force over rocket-building contracts: filings Billionaire Elon Musk's SpaceX accused the U.S. Air Force of breaking contracting rules when it awarded money to three rocket makers but passed on Mu...
23:56, 05/22/2019

Next round of U.S. tariffs on China at least a month away: Mnuchin The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on American cons...
23:56, 05/22/2019

United CEO promises to rebook passengers concerned about 737 MAX United Airlines Chief Executive Oscar Munoz promised on Wednesday to accommodate any passengers concerned about flying Boeing Co's 737 MAX jets once ...
23:56, 05/22/2019

Imminent Vale Dam Disaster Bears Down on Brazilian Town Vale has warned Brazilian authorities that one of its dams could collapse at any moment this week, likely burying a nearby town in mining waste just ...
23:56, 05/22/2019

Trump Says He Won't Work With Democrats Until Probes Are Done President Trump said he told Democratic congressional leaders he would only work with them on infrastructure and other initiatives when they finish i...
23:56, 05/22/2019

IBM Software Exec Predicts Quantum Computers Will Become Mainstream in Five Years Quantum computers won’t replace today’s traditional computers, but they will become mainstream within five years, an IBM executive predicted Wednesda...
23:14, 05/22/2019

Huawei Executive Accused by U.S. Startup of Involvement in Trade-Secrets Theft CNEX Labs, a chip startup backed by Microsoft Corp. and Dell Technologies, has accused a senior executive at Huawei Technologies of participating in ...
23:14, 05/22/2019

Fed's Williams: Doesn't See Strong Argument to Raise or Lower Rates New York Fed President John Williams said that while inflation remains lower than he’d like, he doesn’t see much chance the central bank will lower r...
23:14, 05/22/2019

In Debate Over Fed Holdings, Officials Seek Maximum Recession-Fighting Firepower Federal Reserve officials began a formal debate at its latest policy meeting around the task of determining the composition of Treasury securities th...
23:14, 05/22/2019

Fed Minutes Show Comfort With Make-No-Moves Rate Stance Many Federal Reserve officials said they expected the recent soft patch in inflation would prove temporary, but several raised concerns at their Apri...
23:14, 05/22/2019

Huawei Gets Kicked in the Teeth by the British The U.K. is a bellwether for the 5G mobile handset market, so the decision by two of its biggest operators not to offer Huawei phones is a real blow....
22:56, 05/22/2019

Justice Department staff had urged rejection of Sprint-T-Mobile merger Justice Department staff reviewing the proposed merger of T-Mobile and Sprint had recommended that the U.S. government sue to block the $26 billion d...
22:56, 05/22/2019

#BoycottGeorgia for its abortion bill? Two major film productions just said they would. Amazon show "The Power" and the Kristen Wiig film "Barb and Star Go To Vista Del Mar" announced that they plan to avoid filming in Georgia because of...
22:56, 05/22/2019

Mnuchin: Draft IRS memo doesn’t undermine rationale to block release of Trump’s tax returns Treasury Secretary Steven Mnuchin said Wednesday that a confidential IRS memo does not undermine the agency’s justification for denying lawmakers’ re...
22:56, 05/22/2019

Both Democrats and Republicans blast facial-recognition technology in a rare bipartisan moment A hearing on Wednesday suggested that opposition to facial recognition technology could be the rare issue progressives and conversatives in Congress....
22:56, 05/22/2019

Nuns lead charge to pressure Amazon on facial recognition At the annual shareholders’ meeting, investors will vote on a proposal to ban the company from selling the technology to government agencies, unless ...
22:56, 05/22/2019

Justice Department staff urged blocking $26 billion merger of Sprint and T-Mobile The recommendation — confirmed by a source familiar with the Justice Department’s thinking — came before the two wireless providers offered new conce...
22:56, 05/22/2019

Judge: Qualcomm violated antitrust law Qualcomm used its market dominance to illegally squeeze excessive licensing fees out of phone manufacturers, a federal judge in California ruled, del...
22:56, 05/22/2019

Hollywood has its free-speech moment in fight over movie spoilers Content creators have been trying to restrain what critics and consumers say about their movies online, particularly when it comes to plot revelation...
22:56, 05/22/2019

US measles outbreak spreads to Maine, 25th state to report case Maine became the 25th U.S. state to confirm a case of measles amid the country's worst outbreak of the disease in a quarter century, as state me...
22:28, 05/22/2019

Federal criminal probe tied to 'microcap fraud' case may include former Riot Blockchain CEO Federal authorities have launched an investigation into a group of "microcap fraudsters," according to court documents. The investigation is parallel...
22:28, 05/22/2019

Gas network fined £44m after leaving homes cut off Gas distribution firm Cadent has been fined a record £44m after leaving customers disconnected, failing to pay compensation, and losing records ...
22:28, 05/22/2019

Royal Mail delivers dividend disappointment to posties Royal Mail has delivered disappointing news today to the 400,000 or so private investors and employees who own its shares by announcing a cut in the ...
22:28, 05/22/2019

Ex-BT chief Patterson gives up £500,000 bonus The former chief executive of BT Group has waived half of his £1m annual bonus for his final year at the helm amid a fresh escalation of shareho...
22:28, 05/22/2019

Sir Philip Green's woes as plans for 23 store closures revealed Sir Philip Green is on course for a fresh clash with regulators after his Arcadia retail empire launched a rescue plan which would see 23 stores shut...
22:28, 05/22/2019

United CEO promises to re-book passengers concerned about 737 MAX United Airlines Chief Executive Oscar Munoz promised on Wednesday to reaccommodate any passengers concerned about flying Boeing Co's 737 MAX jets onc...
22:28, 05/22/2019

Philip Green's Arcadia to close UK stores, review U.S. in restructuring British retail tycoon Philip Green's Arcadia Group said on Wednesday it planned to close 23 of its 566 stores in the UK and Ireland in a major restru...
22:28, 05/22/2019

Daimler CEO announces sweeping cost review as he bows out Daimler's Chief Executive Dieter Zetsche announced a sweeping cost review on Wednesday, his last day in office, as he bid farewell to shareholders fo...
22:28, 05/22/2019

Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress Amazon.com Inc on Wednesday said shareholders rejected proposals to curb and audit its facial recognition service, just as members of Congress indica...
22:28, 05/22/2019

Fed's Kaplan says U.S. is 'flirting' with yield curve inversion U.S. bond markets are "flirting" with a yield curve inversion that could signal slower economic growth ahead, Dallas Federal Reserve Bank President R...
22:28, 05/22/2019

GE needs to end infighting, fix quality, tighten management: CEO General Electric Co, once seen as the epitome of corporate greatness, is trying to end infighting between its divisions, tighten up management and fi...
22:28, 05/22/2019

T-Mobile-Sprint deal would boost prices, hurt poorest U.S. consumers, experts say Concessions by T-Mobile US Inc to win U.S. government approval to buy Sprint Corp will likely lead to higher prices for the poorest Americans, many o...
22:28, 05/22/2019

Fed's Kaplan says U.S. rates are on the right setting: FOX The U.S. economy should grow at a solid 2.25-2.50% rate this year, with inflation moving up to the Federal Reserve's target, putting rates in the rig...
22:28, 05/22/2019

Fed's patience on interest rates to last 'for some time' U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place "for...
22:28, 05/22/2019

Factbox: Qualcomm's 'obstinance' needs monitoring - judge Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensin...
22:28, 05/22/2019

Tesla drops for sixth straight session, down 20% since share offer Tesla shares extended their recent sell-off on Wednesday after Citi cut its price target on the struggling electric car maker, leaving buyers of its ...
22:28, 05/22/2019

Oil loses about 2% on swelling U.S. stockpiles, demand worries Oil prices fell about 2% on Wednesday as an unexpected build in U.S. crude inventories compounded investor worries that a trade fight between Washing...
22:28, 05/22/2019

Canada, Europe to choose when 737 MAX is safe as regulators meet In a potential challenge to U.S.-led efforts to build consensus on the Boeing Co 737 MAX flying again, Canada and Europe said on Wednesday they would...
22:28, 05/22/2019

Lloyd's of London plans to merge governance bodies -source Lloyd's of London is proposing merging two of its governance bodies, the council and the board which together oversee the insurance market, to reduce...
22:28, 05/22/2019

Deutsche Bank Says Software to Detect Money Laundering Had a Bug The bank’s acknowledgment that faulty software had been used to screen transactions for suspicious activity came a day before executives prepared to ...
20:42, 05/22/2019

Larry J. Hanley, 62, Dies; Helped Rid Transit Union of Corruption A former bus driver, he won the presidency of the Amalgamated Transit Union after accusing the incumbent of failing to discipline a local linked to t...
20:42, 05/22/2019

Army's new DeepStrike surface-to-surface missile warhead successfully tested A warhead for the U.S. Army's DeepStrike long-range surface-to-surface missile program had a successful test, maker Raytheon Co. announced on Wednesd...
20:28, 05/22/2019

Lockheed nabs $63.1M Navy contract for work on undersea warfare system Lockheed Martin was awarded $63.1 million for continued development, integration and production for future components of the Navy's AN/SQQ-89A(V)15 S...
20:28, 05/22/2019

Aircraft carrier USS Ronald Reagan deploys to Indo-Pacific region The aircraft carrier USS Ronald Reagan and commander task force units began underway operations in the Indo-Pacific region, the Navy announced on Wed...
20:28, 05/22/2019

Status quo at Renault-Nissan must be changed: French finance minister The current status quo regarding the alliance between French carmaker Renault and its Japanese partner Nissan cannot continue and must be changed as ...
18:28, 05/22/2019

EU sees no compliance issues in Google shopping, rivals disagree Europe's antitrust chief said on Wednesday she did not see any problems with the way Google was complying with her order to boost competition in onli...
18:28, 05/22/2019

Same-day deliveries, store revamps drive Target's strong results Target Corp beat first-quarter estimates for same-store sales and profit on Wednesday, as the retailer's strategy to invest more in its delivery serv...
18:28, 05/22/2019

OECD members, including U.S., back guiding principles to make AI safer The evolution of artificial intelligence is driving advances in technology but raising questions over ethics, the head of the OECD said on Wednesday,...
18:28, 05/22/2019

U.S. Justice Department staff recommends blocking T-Mobile-Sprint deal, sources say The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sp...
18:28, 05/22/2019

Investors seek safety on threat of wider U.S.-China spat Global equity markets slid on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the U.S.-Chin...
18:28, 05/22/2019

Oil sheds more than $1/bbl as U.S. inventories grow, demand worries flare Oil futures sank on Wednesday as an unexpected build in U.S. crude stockpiles compounded investor worries that a prolonged trade war between Washingt...
18:28, 05/22/2019

Meet 'Digit', the walking robot for Ford self-driving vans Ford Motor Co said on Wednesday it was partnering with walking robots maker Agility Robotics as it designs a planned fleet of self-driving delivery v...
18:28, 05/22/2019

British Steel collapses after failing to secure extra funding British Steel, the country's second largest steel producer, has collapsed and put 25,000 jobs at risk after failing to secure emergency government fu...
18:28, 05/22/2019

Wall St. slips as trade tensions mount; Fed minutes awaited U.S. stocks dipped on Wednesday, as trade tensions were heightened on reports that Washington could impose sanctions on another Chinese company, whil...
18:28, 05/22/2019

Mnuchin says U.S. open to new China trade talks based on previous negotiations U.S. Treasury Secretary Steven Mnuchin said the Trump administration is open to holding new talks with China if the two sides can proceed on the basi...
18:28, 05/22/2019

U.S. Treasury's Mnuchin says U.S. to hit debt limit in late summer U.S. Treasury Secretary Steven Mnuchin on Wednesday urged Congress to raise the U.S. debt ceiling as soon as possible, saying the U.S. government wa...
18:28, 05/22/2019

Mnuchin says more U.S. tariffs on China at least a month away The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on consumers, U....
18:28, 05/22/2019

Commerzbank open to M&A after Deutsche Bank talks collapse Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's ch...
18:28, 05/22/2019

Lowe's cuts 2019 profit forecast, blames higher costs, weak pricing Lowe's Cos Inc cut its full-year profit forecast after reporting disappointing first-quarter earnings, as the home improvement chain failed to raise ...
18:28, 05/22/2019

Gold miners must focus on returns, mergers to attract investment: Barrick CEO Gold miners must focus on maximizing returns and more mergers to attract investors seeking to diversify after years of under-investing in mines, Barr...
18:28, 05/22/2019

Trading a Trade Battle: 'Markets Don't Appear Ready for That' How do you trade a trade dispute? A previously abstract question is becoming more pressing for investors as U.S.-China trade relations fray. Here are...
18:00, 05/22/2019

Probe By Regulator Finds Monsanto Abused Dominant Position: Report Fair trade regulator CCI in 2016 ordered the unit to carry out the probe after the agriculture ministry and some local seed companies complained that...
17:42, 05/22/2019

RBI May Toughen Non-Bank Lenders Access To Public Deposits: Report Faced with liquidity crunch after IL&FS default and with rising number of defaults, the shadow bankers are seeking a bailout in the form of a separat...
17:42, 05/22/2019

Probing Larger Conspiracy In NSE Co-Location Scam, CBI Tells Court Elaborating on the scope of the investigation since the registration of the FIR, the CBI told the court that it was trying to ascertain the channel u...
17:42, 05/22/2019

Insolvency Law Has Ensured Better Credit Culture In Borrowers: CEA Responding to a query on what banks need to do to stem NPAs in the first place, the CEA said "the business of banking is about taking well evaluated ...
17:42, 05/22/2019

Avon shares jump as Brazil's Natura nears an all-stock deal Natura Cosmeticos and Avon Products said they are in advanced talks over a potential all-stock transaction that will see Natura take a majority stake...
17:14, 05/22/2019

Target CEO Brian Cornell says the winners and losers in retail are emerging Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online...
17:14, 05/22/2019

Consumer Reports says Tesla's latest autopilot fix raises 'serious safety concerns' Tesla's latest version of its Navigate on Autopilot feature could be a potential safety risk for drivers as it requires substantial human interv...
17:14, 05/22/2019

|'Openforbusiness'Zimbabwehaslittletoshowfor$27billion When Emmerson Mnangagwa took over the leadership of Zimbabwe from Robert Mugabe in November 2017, he promised to revive the moribund economy and adop...
17:14, 05/22/2019

|HuaweiwoeswidenasAsiancarriersbegindroppingitshandsets Wireless operators in Asia have begun to drop Huawei mobile phones after the US put the Chinese telecom-gear giant on a blacklist blocking it from bu...
17:14, 05/22/2019

|'Eish!'LateMbowenisworninwiththeEFF,keeps378000Twitterfollowersupdated Mboweni is known for being outspoken on the social media platform - whether he is discussing dinner plans with his followers, promising to review boo...
17:14, 05/22/2019

|World’sbiggestminerseescoal'seraendinginshifttothebatteryage BHP Group, the world’s biggest miner, sees the outlook for thermal coal as challenged and won’t add production as it prioritises growth in commoditie...
17:14, 05/22/2019

|Prasaplacesmoreexecsonspecialleave,suspension,asprobescontinue Prasa's board of control and Group CEO, Dr Nkosinathi Sishi have placed more executives either on suspension or special leave amid ongoing investigat...
17:14, 05/22/2019

|BusinessmantakesPICtotaskoverloanfees A legal tussle has erupted between an empowerment consortium and the PIC over the payment of a R45m transaction origination fee for a housing fund wi...
17:14, 05/22/2019

|TobaccoplayersallowedtoweighinonBAT-Twispmergerapproval-regulator Players in the tobacco industry are allowed to intervene in the merger between British American Tobacco and vaping brand Twisp, the Competition Tribu...
17:14, 05/22/2019

Avon Nears Sale to Brazil's Natura Cosmeticos Avon Products is close to a sale to Brazil’s Natura Cosmeticos in a deal that would mark the end of the independence of a 20th-century business icon....
16:42, 05/22/2019

Lowe's Posts Higher Profit, Trims Outlook Lowe’s lowered its full-year earnings targets as the home-improvement retailer continues to work through operational challenges, such as managing cos...
16:42, 05/22/2019

Huawei Feels U.S. Squeeze in Japan, U.K., as Phone Sales Are Suspended Mobile-phone carriers in Japan and the U.K. canceled launches of Huawei models over concerns that U.S. curbs on exports to the Chinese company will a...
16:42, 05/22/2019

U.S. Could Run Out of Room on Debt Ceiling in Late Summer Treasury Secretary Steven Mnuchin said Wednesday the government could run out of room to keep paying its bills in full and on time in late summer unl...
16:42, 05/22/2019

Wynn Resorts, MGM Resorts End Talks Over Boston-Area Casino Wynn Resorts said it was ending talks with MGM Resorts International to sell its Encore Boston Harbor property. MGM would have had to unload a proper...
16:42, 05/22/2019

Ford Brings in Startup to Test Walking Robot Deliveries Walking robots deployed from self-driving vans to deliver mail parcels could be seen marching up to homeowners’ doorsteps as early as next year, as p...
16:42, 05/22/2019

Target Sales Boosted by Store Remodels, Digital Shift Target said sales and profit rose at the start of the year, as improvements to its stores, products and digital capabilities attracted more shoppers....
16:42, 05/22/2019

Financial advisors are more stressed out than their investor clients, study finds A recent survey found that financial advisors are more stressed out than their investor clients. Asked to evaluate stress levels in their lives, 71% ...
15:14, 05/22/2019

China Faces New ‘Long March’ as Trade War Intensifies, Xi Jinping Says The Chinese leader invoked a time of hardship before success in Communist Party history, at a time when the economy and consumers face other challeng...
15:00, 05/22/2019

Qualcomm Violated Antitrust Laws, U.S. Judge Rules A judge found that Qualcomm, a giant in the computer chip industry, charged cellphone makers “onerous” fees for use of its patents. The company said ...
15:00, 05/22/2019

Boeing Faces Compensation Demand From China’s Biggest Airlines The carriers, Air China, China Eastern and China Southern, which are all state-controlled, grounded dozens of 737 Max jets after a crash in Ethiopia ...
15:00, 05/22/2019

Apple offers free MacBook repairs after admitting design flaw Apple has admitted that issues affecting MacBook keyboards are caused by a design flaw and not users, and is offering free repairs for certain models...
14:28, 05/22/2019

Green to unveil revamp of Topshop empire The high street tycoon Sir Philip Green is to launch a make-or-break revamp of his Topshop empire that could see landlords handed a shareholding of m...
14:28, 05/22/2019

Lowe's tumbles as earnings fall short and forecast cut as higher costs weigh on results Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the ye...
14:00, 05/22/2019

EE stops selling Huawei phones as it launches 5G EE will not be selling the next generation of Huawei phones due to concerns about whether the devices could receive operating system updates from Goo...
13:00, 05/22/2019

Democrats’ Tax Cuts Target Middle Class More Than Trump’s, Study Says A liberal think tank concluded that plans from the 2020 contenders Kamala Harris, Cory Booker and Michael Bennet would cost less than the 2017 tax cu...
12:28, 05/22/2019

On China, Trump Leads a Coalition of the Unwilling President Trump pivoted last week, lifting tariffs on metal imports from Canada and Mexico while delaying tariffs on autos from the European Union an...
12:14, 05/22/2019

St. Louis Fed Chief Says Interest Rate May Be Cut to Meet Inflation Target Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank may need to lower its short-term interest-rate target if inflati...
12:14, 05/22/2019

Fed Minutes to Shed Light on Inflation Outlook The Federal Reserve’s minutes from its May meeting will offer new clues on how officials assessed an unexpected downtick in inflation and views towar...
12:14, 05/22/2019

CEOs Under 50 Are a Rare Find in the S&P 500 Chief executives in their 40s are unusual at big U.S. companies, with only around 6% under age 50 among most of the S&P 500, according to a Wall Stre...
12:14, 05/22/2019

Harley-Davidson Tries Revving Up Sales with Loans Harley-Davidson Inc. is using loans to reach new riders that are younger and less wealthy than the baby boomers who drove its sales in recent decades...
12:14, 05/22/2019

Qualcomm Violated Antitrust Law, Federal Judge Rules Qualcomm unlawfully suppressed competition in the market for cellphone chips and used its dominant position to exact excessive licensing fees, a judg...
12:14, 05/22/2019

Qualcomm shares plunge on report federal judge rules it has violated antitrust law Shares of Qualcomm sank more than 12% in premarket trading Wednesday after a federal judge ruled the company unlawfully suppressed competition in the...
12:14, 05/22/2019

The walking robot that could soon be delivering your packages It's not fast and may be years from visiting your neighborhood, but a walking robot is part of Ford's vision for how its autonomous vehicle...
11:56, 05/22/2019

|May’sdesperategambleonanewBrexitreferendumfallsflat Theresa May made a desperate final gamble to get her Brexit deal through the British Parliament before she’s thrown out of office - but her efforts l...
11:42, 05/22/2019

|FerialHaffajee:Ramaphosasettomergetwoeconomicministries The Economic Development Ministry, currently headed by Minister Ebrahim Patel, is set to be incorporated into the Department of Trade and Industry, a...
11:42, 05/22/2019

State Bank Of India Charges This Much Money For NEFT Transactions SBI NEFT charges, SBI NEFT timings: State Bank of India has divided its NEFT charges on factors such as timing, amount and mode of transaction. For e...
11:00, 05/22/2019

Here Are IRCTC Rules For Changing Boarding Station Ahead Of Train Journey IRCTC ticket: In case and individual wants to change boarding station ahead of the planned journey that can be done via logging into its website, IRC...
11:00, 05/22/2019

Sensex To Hit New Record High By Year-End If NDA Retains Power: Poll The BSE Sensex index rose by its biggest amount in one day since September 2013 on Monday after exit polls showed the NDA will retain power for a sec...
11:00, 05/22/2019

Here Is All You Need To Know About Kedarnath Helicopter Yatra Kedarnath Helicopter Yatra: Pawan Hans limited, a government of India enterprise, has started daily helicopter flight service from Phata helipad in U...
11:00, 05/22/2019

Tribunal Stays Penalty On NSE In Unfair Access Case A two-judge panel of the Securities Appellate Tribunal asked the NSE to transfer the $90 million to an account managed by the Securities and Exchange...
11:00, 05/22/2019

|MarketsLIVE:USstockfuturesmixedasUS-Chinatechnewsmulled US stock futures slipped and European contracts were little changed alongside Asian equities as traders digested the latest US-China confrontations o...
09:56, 05/22/2019

|TigerBrandsprofitdrops12%inwakeoflisteriosisoutbreak Tiger Brands said first-half profit fell as Africa’s biggest publicly traded packaged-food company battles to overcome weak economic growth and the a...
09:56, 05/22/2019

|Eskomkeepsinvestorsinthedarkasdebtspeculationmounts As speculation swirls about plans to deal with Eskom’s crippling debt load, one group of stakeholders hasn’t been consulted: owners of the company’s ...
08:28, 05/22/2019

Far-Right Propaganda Floods Facebook Ahead of EU Elections Fake accounts spread white-nationalist messages and amassed larger followings than actual far-right parties before being taken down, according to a n...
07:28, 05/22/2019

Saudi Arabia Strikes Deal to Buy U.S. Natural Gas Saudi Arabia has agreed to purchase U.S. liquefied natural gas from Sempra Energy, a new strategic direction for the kingdom as it seeks to establish...
07:28, 05/22/2019

Rupee Edges Higher Against Dollar At the interbank foreign exchange, the domestic unit opened almost flat at 69.70 against the dollar and moved 5 paise higher to 69.67 in early trade....
06:56, 05/22/2019

Petrol, Diesel Prices Kept Unchanged, Here's How To Check Latest Rates Petrol price today: With effect from 6 am on Wednesday, May 22, the price of petrol remained at Rs 71.17 per litre in Delhi and Rs 76.78 per litre in...
06:56, 05/22/2019

Sensex Rises Over 150 Points, Nifty Moves Above 11,750 Nifty, Sensex today: Top gainers on the 50-scrip index at the time were Bharat Petroleum, ONGC, HCL Tech, Bharti Infratel, Infosys and Reliance Indus...
06:56, 05/22/2019

Novartis CEO calls for fixing 'distortions' in health care system ahead of slate of drug launches "I can't remember a time at Novartis where year after year after year we have these significant medicines getting launched," CEO Vasant Narasimh...
05:14, 05/22/2019

Cramer Remix: The cannabis stocks I'm eyeing Jim Cramer turns to the charts to reveal that cannabis companies like GW Pharmaceuticals and Village Farms could be good additions to your portfolio....
05:14, 05/22/2019

|NigeriakeentojoinAfricafreetradezone,tradeministersays Nigeria will sign the Africa Continental Free Trade Agreement as soon as President Muhammadu Buhari approves an impact-assessment report he asked for...
05:14, 05/22/2019

Congresswomen press Nike about its treatment of pregnant athletes Members of Congress are asking Nike executives for details on the company’s treatment of female athletes following reports that company stopped payin...
02:14, 05/22/2019

Nike, Converse, Adidas among 170 shoe retailers warning Trump against trade war with China The shoe sellers signed off on a letter to the White House warning of the “catastrophic” effects Trump’s proposed 25 percent tariffs would have on co...
02:14, 05/22/2019

HUD Secretary Ben Carson defends plan to evict undocumented immigrants: ‘It’s not that we’re cruel, mean-hearted. It’s that we are logical.’ Democrats on the House Financial Services Committee are considering legislation to block a HUD proposal that every family member living in subsidized...
02:14, 05/22/2019

E-scooter company Spin will place dozens of start-up’s solar-powered docking stations in two cities this summer Two U.S. cities, have agreed to a 60-day pilot program installing dozens of electric docking stations on sidewalks. The stations give riders a design...
02:14, 05/22/2019

Rift emerges between regulators reviewing merger between Sprint and T-Mobile The proposal to combine the nation's third- and fourth-largest wireless carriers entered uncertain legal territory after the Federal Communications C...
02:14, 05/22/2019

How Huawei Might Handle the Latest US Sanctions The Trump administration barred US companies from doing business with Huawei, forcing the Chinese firm to find new chips and software for its product...
01:28, 05/22/2019

Mallinckrodt Stock Falls Sharply After a Warning Over Regulatory Dispute The drugmaker lost over one-quarter of its stock-market value after the company said a dispute with health regulators might cost it $600 million and ...
01:14, 05/22/2019

Wall St. rises as Huawei reprieve boosts tech shares Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies Co L...
00:42, 05/22/2019

Huawei accuses U.S. of bullying, says working with Google to respond to ban Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to respond to trad...
00:42, 05/22/2019

Nordstrom first-quarter results disappoint, cuts 2019 forecast Department store operator Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter...
00:42, 05/22/2019

China rebuffs Trump claim U.S. tariffs are making firms leave Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tar...
00:42, 05/22/2019

Interest Rates on New Federal Student Loans Will Dip Slightly The rates, which will take effect on July 1, won’t make a big difference in monthly payments. But given the cost of college, one expert says, “this i...
00:00, 05/22/2019

Review: ‘Power Trip’ Ably Guides Us Through the History of Energy Michael E. Webber’s new book examines humanity’s relationship to energy over time and how each transition affected not just what we produce but how w...
00:00, 05/22/2019

Why a Tax the U.S. Hasn’t Embraced Has Found Favor in Much of the World Value-added taxes are popular in many countries, especially those that are less affluent. The great advantage is a built-in feature that deters tax e...
00:00, 05/22/2019

Southwest Airlines Mechanics Approve Contract, Ending Long Impasse After almost seven years of negotiations, the union reached an agreement with the airline that gives its members $160 million in back pay and raises ...
00:00, 05/22/2019

Why a T-Mobile/Sprint Merger Would Be Bad for the Public Opinion: FCC chair Ajit Pai says the deal is in the public interest. Except it would raise prices, reduce competition and innovation, and harm low-in...
23:14, 05/21/2019

YouTube Camp Is an Actual Thing While many parents won’t even entertain the idea of allowing their children to be on YouTube, others view the medium as a creative outlet that can te...
22:56, 05/21/2019

Two Top Treasury Officials Promoted to New Posts President Trump intends to promote the Treasury Department’s top lawyer, Brent McIntosh, to the position of its top financial diplomat, the White Hou...
22:56, 05/21/2019

Potential Fed Nominee Would Seek Shake-Up of Interest-Rate Policy Economist Judy Shelton, a potential Trump nominee to the Federal Reserve, said in an interview that she would bring a “different perspective” to the ...
22:56, 05/21/2019

|LucidlaunchesnewHome*SuiteHotelsinSA Lucid Ventures, the R350m Cape Town based hotel fund, has announced the launch of a new boutique hotel brand Home* Suite Hotels into the South Africa...
22:56, 05/21/2019

|Howtechischangingtheinsuranceindustry As digital disruption continues to change the game in the insurance industry, insurers are revising their business models to stay relevant with consu...
22:56, 05/21/2019

|HuaweiconsidersrivalstoGoogle'sAndroidafterUSban Huawei says it’s working on its own operating system for its mobile handsets and will consider rivals to Google’s Android, after the US blacklisted t...
22:56, 05/21/2019

New Coke, an Infamous Blunder, Is Making a Return to Celebrate ‘Stranger Things’ Season 3 (NEW YORK) — Coca-Cola drinkers will get a chance to relive one of the company’s darker chapters as New Coke makes a comeback under a par...
22:28, 05/21/2019

Home Depot same-store sales disappoint, warns of tariff impact Home Depot Inc on Tuesday blamed wet weather in February and a slump in lumber prices for its slowest growth in quarterly same-store sales in at leas...
22:14, 05/21/2019

Britain's Big Four accountants could gain reprieve from audit reform Britain's business ministry will consult further on sweeping reforms of the audit market, it told Reuters, stopping short of legislation demanded by ...
22:14, 05/21/2019

J.C. Penney sales fall short, net loss doubles; shares sink Same-store sales fell more than expected at J.C. Penney Co Inc in the first quarter and its net loss nearly doubled after the retailer exited its ap...
22:14, 05/21/2019

Kohl's chops profit forecast after dismal first quarter, shares slump Kohl's Corp cut its full-year profit forecast and reported lower-than-expected quarterly results as the department store chain sold fewer full-price ...
22:14, 05/21/2019

Global stocks rally as U.S. eases Huawei restrictions The dollar rose and global equity markets advanced on Tuesday, led by chipmakers and companies exposed to Asia, after the United States temporarily e...
22:14, 05/21/2019

VW truck brand to invest $344 million in Brazil after Ford exit Volkswagen AG truck brand Scania said on Tuesday it will invest 1.4 billion reais ($344.14 million) to modernize its Brazilian factory in Sao Bernard...
22:14, 05/21/2019

Former Tesla bull makes $10 worst case call on China worries One of Tesla's former biggest supporters on Wall Street said on Tuesday the electric carmaker's shares could fall to $10 from nearly $200 now, if ten...
22:14, 05/21/2019

Fed officials see past misses as trouble for any new inflation approach The Federal Reserve is discussing whether a better way to get the U.S. economy to hit the central bank's inflation target is to tolerate much higher ...
22:14, 05/21/2019

Airbus CEO hints at more powerful A321 jet Airbus Chief Executive Guillaume Faury hinted on Tuesday at the launch of a more powerful new A321 jet, saying the planemaker's current A321LR was th...
22:14, 05/21/2019

Rare earth firms' stocks soar on U.S.-China trade war speculation Shares in rare earth-related companies soared on Tuesday, led by jumps in Chinese producers a day after Chinese President Xi Jinping visited a rare e...
22:14, 05/21/2019

Southwest Airlines mechanics dispute ends just as American's heats up Southwest Airlines Co's mechanics union said on Tuesday its members had overwhelmingly voted to ratify a tentative contract agreement with the airlin...
22:14, 05/21/2019

Oil little changed as U.S.-Iran dispute supports, trade war weighs Oil futures were steady on Tuesday as the prospect of mounting U.S.-Iran tensions disrupting supply was offset by concerns that a lengthy trade war b...
22:14, 05/21/2019

Airbus prepares counter-punch to new Boeing mid-sized jet Airbus hinted on Tuesday at a price battle and imminent aircraft revamp to counter a possible new Boeing mid-sized jet, promising a "left hook, right...
22:14, 05/21/2019

Tech shares boost Wall St. after Huawei reprieve Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China's Huawei Technologies Co L...
22:14, 05/21/2019

BP accepts climate change move - but protesters are sceptical In a deal heralded as a "turning point" for the fossil fuels industry, oil giant BP has accepted that its plans for the future must now embrace the t...
22:00, 05/21/2019

'No stone unturned' to help British Steel amid collapse fears - govt Ministers will leave "no stone unturned" in supporting the UK steel industry, MPs have been told, as the country's second largest producer teeters on...
20:00, 05/21/2019

Why Britain is losing its appetite for casual dining The collapse of Jamie Oliver's restaurants empire is merely the latest and most high-profile continuation of a trend that was established in the eati...
20:00, 05/21/2019

George R. R. Martin defends 'Game of Thrones' writers, says it's 'silly' to ask if ending is 'real' Fans wondering if "Game of Thrones'" ending was the "true" ending of George R. R. Martin's "A Song of Ice and Fire" novels got an answer fr...
20:00, 05/21/2019

Stress and rigorous work schedules push a doctor to commit suicide every day in the US The rigorous work schedule and pressure faced by U.S. doctors have them "stressed to the point of breaking" and struggling with the highest suicide r...
20:00, 05/21/2019

Apple makes another change to the keyboard that keeps breaking on the MacBook Pro The launch comes as Apple's laptops have been criticized for a keyboard design that users say breaks easily and results in key presses resulting...
20:00, 05/21/2019

Rift emerges between federal agencies reviewing the Sprint and T-Mobile merger A merger between T-Mobile and Sprint, the nation's third- and fourth-largest wireless carriers, entered uncertain legal territory this week, after th...
19:14, 05/21/2019

What Tech Companies Pay Employees in 2019 Marvel at the median income at Google and Facebook, but remember: Reducing the pay of tens of thousands of people to a single number has its shortcom...
19:14, 05/21/2019

Poll Of Exit Polls: Experts Explain Why Markets Closed At Record Highs Analysts believe that a second term for the Narendra Modi-led government would ensure continuity in reform measures, initiated in the last five years...
18:42, 05/21/2019

Sensex, Nifty Hit Record Highs As Markets Extend Rally To Fourth Day Domestic stock markets hit new all-time highs on Tuesday extending their rally to a fourth day running, after exit polls predicted a win for the Bhar...
18:42, 05/21/2019

How To Receive Information On Latest Fuel Prices In SMS Petrol price today: Currently, the domestic prices of petrol and diesel are reviewed by state-run oil marketing companies such as Indian Oil Corporat...
18:42, 05/21/2019

Tata Motors Shares Hit By Jaguar Land Rover Woes, Weak Home Market Three months ago, Tata Motors announced plans to revamp JLR, after reporting the biggest loss of about $4 billion in Indian corporate history due to ...
18:42, 05/21/2019

Sensex, Nifty Snap Three-Day Winning Streak As Banking, Auto Shares Dive The S&P BSE Sensex and NSE Nifty 50 indexes came off record highs touched earlier in the day and snapped their three-day winning streak as auto, bank...
18:42, 05/21/2019

Paris-Based Think Tank OECD Cuts Global Growth Forecast While the OECD pared back its global growth forecast for the current year, it predicted a pick-up in activity to 3.4 per cent next year. It notched u...
18:42, 05/21/2019

All You Need To Know About LIC New Children's Money Back Plan LIC: The LIC New Children's Money Back Plan can be purchased by any parent or grandparent for a child up to 12 years in age, for a minimum sum assure...
18:42, 05/21/2019

U.S. House subcommittee cuts F-35 spare parts request amid supply problems A U.S. House sub-committee wants to approve only half the Pentagon's spare parts purchase requests for F-35s in the 2020 budget plans as it looks for...
18:42, 05/21/2019

PPG Says It Won't Break Up, Despite Pressure From Activist Investor PPG Industries won’t split its units making building paints and industrial coatings, choosing to forge ahead as a unified company after facing pressu...
18:14, 05/21/2019

Huawei Accuses U.S. of Bullying as It Seeks Support From Europe Huawei denounced U.S. actions against the company as “bullying” and implored European governments to resist American pressure to follow suit in a bid...
18:14, 05/21/2019

Xi Jinping Flexes China's Trade Muscle With Visit to Rare-Earths Hub By touring a region of China that calls itself a rare-earths kingdom, Chinese President Xi Jinping pinpointed a source of leverage his government has...
18:14, 05/21/2019

U.S. Existing-Home Sales Fell in April Sales of previously owned U.S. homes declined for the second month in a row in April, suggesting continued weakness in the housing market despite the...
18:14, 05/21/2019

New Coke Is Back. Sort of. Coca-Cola is using one of its biggest failures as a marketing tool, bringing back New Coke for a limited time in a cross-promotion with Netflix’s ret...
18:14, 05/21/2019

Women’s Clothing Chain Dressbarn to Close its 650 Stores (NEW YORK) — Dressbarn, the women’s clothing chain that’s been around for nearly 60 years, is closing all 650 of its stores. The co...
17:56, 05/21/2019

GenDyn nets $497M for submarine, carrier industrial base development, expansion General Dynamics Electric Boat was awarded a $497 million contract to grow the industrial base to support development and construction of Columbia- a...
17:42, 05/21/2019

|PICinquiry:R5.2billionKaranBeefdeal'inlimbo'amidwhisteblowerclaims Claims of price inflation by an anonymous whistleblower have hindered the finalisation of a major proposed investment by the Public Investment Corpor...
16:42, 05/21/2019

Goldman Sachs-backed Marqeta rides payments wave to a $2 billion valuation The payment company powering Square, Instacart, and other popular start-ups closed a new funding round Tuesday that brings its valuation to roughly $...
16:28, 05/21/2019

‘MissionRacer’: How Amazon turned the tedium of warehouse work into a game Amazon’s experiment is part of a broader industry push to gamify low-skill work, particularly as historically low unemployment has driven up wages an...
16:14, 05/21/2019

American slashes fees to check sports and music gear (but not antlers) American Airlines has slashed fees for surf boards, skis and other oversize sports equipment as well as music gear. United last year took a similar s...
15:14, 05/21/2019

Merck to Buy Cancer Drug Maker Peloton Therapeutics Merck agreed to acquire cancer drug developer Peloton Therapeutics for $1.05 billion in cash, adding to a list of deals in 2019 by pharmaceutical com...
15:14, 05/21/2019

India Antitrust Watchdog Sniffs Around E-Commerce Players India’s antitrust watchdog is assessing the domestic e-commerce sector, a step that could have consequences for Amazon and Walmart-controlled Flipkar...
15:14, 05/21/2019

Airbus Backs Upgrades to Planes Despite Boeing's 737 MAX Troubles Airbus supported upgrading older-model planes for efficiency—instead of always pursuing brand-new designs—after the two crashes by Boeing’s 737 MAX p...
15:14, 05/21/2019

Boeing Official Played Down Scenario That May Have Doomed Ethiopian Jet Four weeks after faulty sensor data led a 737 MAX jet to crash in Indonesia last year, a Boeing executive raised and dismissed the possibility of a b...
15:14, 05/21/2019

Sales Fall at Kohl's and J.C. Penney Sales at Kohl’s and J.C. Penney weakened in the latest quarter as the retailers experienced a slower start to the year, sending their shares down sha...
15:14, 05/21/2019

Philippines’ Firebrand Take more than 7,600 islands, add 100 million people, throw in a twist of corruption, an unhealthy slug of poverty and a dab of dynastic politics and...
14:56, 05/21/2019

China Has a Big Currency Decision to Make Allowing the yuan to weaken beyond seven per dollar could mark a huge shift in the international terms of trade. Also, actively responding to passive...
14:56, 05/21/2019

What Salvini and Le Pen Get Wrong About Europe Brussels isn’t totally in thrall to elite interests. Its initiatives on corporate tax avoidance, tech regulation, and climate change all have the pop...
14:56, 05/21/2019

How anti-vaccine messaging continues to spread online Misinformation surrounding the safety of vaccines is not new, but social media helps it spread more widely than ever, which can lead to dangerous con...
14:56, 05/21/2019

Walmart workers invited a special guest to crash the company’s annual meeting: Bernie Sanders The presidential candidate, who has repeatedly called on Walmart to improve its working conditions, will introduce a shareholders’ proposal that woul...
14:56, 05/21/2019

Europe says Spain’s economy is doing better than Germany’s. That’s absurd. The nonsense idea that Spain’s economy doesn’t need any more help is really just an excuse not to help it. Policymakers might be able to convince the...
14:56, 05/21/2019

J.C.Penney says more tariffs on China imports would hurt business J.C.Penney Inc on Tuesday warned of a "meaningful impact" on its private and national brands from U.S. President Donald Trump's potential fourth roun...
14:42, 05/21/2019

J.C. Penney same-store sales fall more than expected, shares drop J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday after the retailer exited its appliance and i...
14:42, 05/21/2019

|ChinesediplomatjokesthatHuawei'hascutAppleintopieces' China has reacted with uncharacteristic fury to what it deems a concerted US attack on its national champions and even its way of life. But one diplo...
14:42, 05/21/2019

|Rand,emergingmarketcurrenciesonthebackfootamidUS-Chinatradetensions The rand weakened in early trade, before strengthening somewhat, as uncertainty around US-China trade talks dampened demand for emerging markets curr...
14:42, 05/21/2019

|Lookingforasalarybump?Thesearethecitieswiththehighestsalaries San Francisco has soared up the rankings to dislodge Zurich for the highest salaries and disposable income after rent, according to Deutsche Bank’s '...
14:42, 05/21/2019

|JamieOliver'sUKrestaurantchainsareheadedforinsolvency The UK celebrity chef’s company filed notice in the High Court for administration. The proceedings involve 25 Jamie’s Italian, Barbecoa steakhouse an...
14:42, 05/21/2019

|FuelinZimbabwewillnowcostoverR20alitre Zimbabwe has announced a massive fuel price hike after the country's central bank said it would no longer provide fuel dealers with funding for petro...
14:42, 05/21/2019

Home Depot's Sales Lifted by Larger Customer Transactions Home Depot sales rose in the fiscal first quarter, lifted by higher customer transactions, though same-store sales growth was weaker than analysts ha...
14:14, 05/21/2019

France Goes on Deal Spree, Thanks to ECB Easy Money The European Central Bank’s efforts to revive growth have spurred a flurry of deal making and investment. One problem is, much of it is happening out...
14:14, 05/21/2019

U.S.-China Trade Talks Will End in a Deal, Former Negotiator Says A former top U.S. trade negotiator said talks with China for a trade deal had made significant progress despite recent setbacks and an agreement woul...
14:14, 05/21/2019

Trade Disputes Are Weakening Future Growth, OECD Says Conflicts between the U.S. and its major trade partners have weakened business investment around the world, threatening to hamper future as well as c...
14:14, 05/21/2019

Urban Outfitters to Start Renting Its Clothes Urban Outfitters is jumping into clothing rental, trying to tap one of the fastest-growing areas of fashion without discouraging people from shopping...
14:14, 05/21/2019

Airbus pledges boxers' counter-punch to new Boeing mid-jet Airbus held out the prospect of a clash over prices to counter any decision by Boeing to launch a new aircraft in the middle of the jet market, by p...
14:00, 05/21/2019

Hundreds of foreign companies attend North Korea trade fair despite sanctions An international trade fair in North Korea this week may be the largest such event on record, analysts said on Tuesday, with hundreds of Chinese and ...
14:00, 05/21/2019

Italy's Prada to ditch some wholesalers to support full-price sales Italian luxury goods group Prada said it would shrink its wholesale network in Italy and Europe in a push to have uniform prices for its products acr...
14:00, 05/21/2019

China rare earth firms' stocks soar on trade war speculation Shares in rare earth-related companies in China soared on Tuesday, a day after Chinese President Xi Jinping visited a rare earth firm in southern Chi...
14:00, 05/21/2019

France to push ahead with 5G launch in 2020 despite Huawei woes France will launch the deployment of its 5G network as planned in 2020 despite current difficulties faced by China's Huawei which could push some tel...
14:00, 05/21/2019

Merck to buy cancer drug developer Peloton for $1.05 billion in cash Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal c...
14:00, 05/21/2019

Kohl's cuts profit forecast after weak first quarter, shares fall 10% Kohl's Corp slashed full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and pro...
14:00, 05/21/2019

Tesla stock worth just $10 in worst case: Morgan Stanley Further falls in Tesla Inc's share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slas...
14:00, 05/21/2019

Huawei accuses U.S. of bullying, says working with Google to counter ban Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to counter trade r...
14:00, 05/21/2019

U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the worl...
14:00, 05/21/2019

Trump's Huawei ban raises hopes for Chinese chip suppliers Washington's blacklisting of technology giant Huawei has taken a toll on U.S. semiconductor shares, but China-listed firms have rallied as investors ...
14:00, 05/21/2019

Home Depot same-store sales misses on wet weather, lumber prices Home Depot Inc reported its slowest growth in quarterly same-store sales in at least three years on Tuesday, missing Wall Street estimates, as the ho...
14:00, 05/21/2019

J.C. Penney posts worse-than-expected drop in same-store sales, shares drop J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday, taking a hit from not selling major applianc...
14:00, 05/21/2019

Bayer hires law firm to probe Monsanto data collection Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by its Monsanto unit, which targeted journalist...
14:00, 05/21/2019

Global stocks gain as U.S. eases Huawei restrictions Stock markets gained on Tuesday, with chipmakers and companies exposed to Asia among the best performers, after Washington temporarily eased trade re...
14:00, 05/21/2019

Futures bounce as U.S. eases restrictions on Huawei U.S. stock index futures rose on Tuesday after the United States temporarily eased restrictions on China's Huawei Technologies, allaying investor con...
14:00, 05/21/2019