Money

Apple boss Tim Cook makes case for China tariff break to Trump

In this letter, Apple urged Trump to drop his tariff plan to levy duties on $300 billion worth of Chinese products if he can't reach a trade deal. Apple inv...


Asian, European Stocks Mixed After Recession Jitters Spark Sell-Off On Wall Street

Global growth concerns have mounted as the Sino-U.S. trade war escalated, and what sent the curve over the brink was German data on Wednesday showing the econom...


Markets Right Now: Dow drops 800 after bonds flash warning

Broader measures of the US economy, meanwhile, are not pointing to an imminent downturn. The inversion of key parts of the Treasury yield curve , in which in...


Oil prices rebound amid expectations on potential supply cut

The deteriorating economic situation prompted rate cuts this week in New Zealand, India and Thailand amid concern there could be a recession. Brent crude futu...


Drunk flight attendant busted after passing out for entire trip

Another passenger on the flight, identified as Dan, told ABC News the most concerning part of the whole ordeal was that the pilots took off even though they...


Stocks plunge on Wall Street as US-China trade war escalates

Technology stocks, which bore the brunt of Monday's sell-off, helped drive the market's broad gains Tuesday. The S&P 500 posted five new 52-week highs and 2...


Did Trump Just Scuttle US-China Trade Talks (Again)?

The US Institute for Supply Management said on Thursday its index of national factory activity fell to 51.2 last month, the lowest reading since August 2016...


Trump's new tariffs may set stage for more Fed rate cuts

Trump said USA trade officials were making progress in talks with China , securing a promise to buy more agricultural products from the United States and ste...


Tesla shares drop after co-founder's departure and disappointing earnings

A number of analysts were also concerned by the resignation as chief technology officer of the pioneer of the company's electric batteries, J.B. Straubel, the l...


Equifax to pay up to $700m to settle data breach

Begor. The credit rating giant will pay $300 million into a fund that will provide affected consumers with credit monitoring services and reimburse them if ...


PepsiCo to buy South Africa’s Pioneer Food for $1.7bln

It is subject to Pioneer Foods' shareholder approval and regulatory approval. "Pioneer Foods forms an important part of our strategy to not only expand in Sou...


Toys"R"Us to return with two new stores this November"

Well, the reports of the brick-and-mortar retailer's death were greatly exaggerated, as Toys "R" Us parent company Tru Kids Brands announced on Thursday t...


Chinese economic growth falls to 6.2% as global slowdown bites

Growth in retail sales slowed to 8.4% in the first half of 2019, down 0.1 percentage points from the first quarter, the government reported. Analysts expect B...


Dow surges past 27,000, dollar sags on rate cut fever

The S&P index recorded 34 new 52-week highs and three new lows, while the Nasdaq recorded 57 new highs and 32 new lows. In May, prices rose by 1.4% annually...


Chick-fil-A to offer free food Tuesday for Cow Appreciation Day

To get the freebies, you must dress up as a cow. That includes spotted accessories, a t-shirt with black and white spots, or "a cow hat or mask, etc". Chick-fil...


Xi has list of demands to settle US-China trade war

US President Donald Trump said he will allow Huawei Technologies to buy products from US suppliers, in a concession to China after talks with the country's ...


Newark Airport Reopens After Unspecified Emergency

At 10:45 a.m. the airport's flight tracker showed 125 departures are delayed through 1:30 p.m. The United Airlines flight bound for Houston's George Bush ...


Airbus demands chance to bid for IAG’s surprise Boeing narrow-body order

It was not immediately clear how numerous 200 aircraft eyed by IAG would wind up as firm orders and how many would be options, nor how it would affect Airbus's...


Facebook to 'print even more money' with Libra cryptocurrency, Citi says

Calibra will launch its own digital wallet, sure, but it's also going to be built into Messenger and WhatsApp. "Backed by a basket of fiat currency-denominate...


Facebook to pay users who allow access to phone data

The app will be used to help the company conduct market research and all participants will be paid. Soon, you can earn while you browse, provided you are wi...


Unemployment in USA stays at 3.6% with 75000 new jobs

They include Capital Economics' Hunter, who said investors are discounting signs that economic growth is slowing. All 11 S&P 500 industry groups advanced. B...


Krispy Kreme, Walmart, Dunkin' offer free doughnuts Friday on National Doughnut Day

Formerly known as Dunkin' Donuts , Dunkin' is offering a FREE donut with any beverage purchase. Per tradition, Krispy Kreme is giving doughnut lovers a...


Google says cutting off Huawei could pose national security risk

The ruling had an immediate negative impact. A Facebook PR spokesperson told Newsweek: "We are reviewing the Commerce Department's final rule and the more r...


China Plans Blacklist of US Technology Firms in Retaliation to Trade War

The US attempted to justify its actions by claiming that Huawei was working in collaboration with the Chinese government and spying on users of Huawei devices a...


Fiat Chrysler in talks to forge extensive ties with Renault

FCA has a highly profitable businesses in North America with its RAM trucks and Jeep brand, but lost money last quarter in Europe , where most of its plants ar...


China calls out United States 'wrong actions' as Huawei ban rattles supply chains

Following a USA crackdown on its technology trade with China which resulted in Huawei being barred from working with United States companies, iPhone users in ...


Huawei is working on a backup OS that natively runs Android apps

The Chinese telecom equipment giant said Tuesday it was in talks with the Alphabet Inc. unit about how to proceed after Google confirmed it would cut access t...


Antitrust Lawsuit Could Drastically Change the Apple App Store

Shares of Apple stock were down some 5.85% in mid-day trading following the decision. The company argued that consequently only app developers, not consumers th...


Jury Awards $2BN Damages In Roundup Weedkiller Cancer Claim

As The Guardian reported , the "latest verdict is the largest by far and will increase pressure on Bayer , which has suffered share price drops in the wak...


Trump denies planning to send 120,000 troops to counter Iran

He said the drones had targeted petroleum pumping stations supplying a pipeline running from its oil-rich Eastern Province to the Yanbu Port on the Red Sea. T...


Hackers steal $42 million — BINANCE DISASTER

Binance urges its users to change their API keys and two-factor authentication. The 7,000 Bitcoins are worth roughly $ 40 million , based on current Bitco...


Buffett finally embraces Amazon as Berkshire acquires stake

These results illustrate what Buffett has called the "wild and capricious" and, in his view, meaningless swings caused by an accounting rule requiring the repor...


What to know before you go: Downtown Orillia's Great Easter Egg Hunt

The West Haven Easter Egg Scramble was originally set for last Saturday the 13th, but was moved to the 20th because of rain. While numerous Easter eggs have c...


Asad Umar Decides to Resign from the Post of Finance Minister

While formally announcing his decision to leave Thursday at a hurriedly arranged news conference in Islamabad , Umar explained that he was asked to take the ...


North Korea test-fires new 'guided weapon'

Kwon said North Korean leader Kim Jong Un had made his "principled stand" on negotiations between Pyongyang and Washington clear in a recent speech to the c...


Stratolaunch, World's Largest Airplane Makes First Test Flight in California

The Stratolaunch , the world's largest aircraft that just so happens to be created to "enable airline-style access to space", successfully took flight for the f...


Million Fisher-Price Rock ‘N Play Sleepers Recalled After Infant Deaths

Consumer Product Safety Commission shows the Fisher-Price Rock 'n Play Sleeper . The CPSC warns consumers should stop using the "Rock n' Play Sleepers" immed...


Assange's Arrest As Chilling Consequences For Investigative Journalism, Says CPJ

Assange's lawyer has previously said he planned to fight any US charges against him. This could mean the end for press freedom. But prosecution in the Unite...


Brexit talks between Labour and Tories will continue on Tuesday

In reality, granting such an extension would increase the risk of a rolling series of short extensions and emergency summits, creating new cliff-edge dates. The...


Economy sheds 7,200 jobs, Feds anxious about foreign interference in upcoming election

The report showed the unemployment rate fell to 7.9 per cent in March from 8.5 per cent in February. While the number of people working part-time for econom...