Finance

News

Central Intelligence Agency warning over Huawei

The CIA has warned intelligence officials that Huawei receives funding from China's National Security Commission, the People's Liberation Army and a third branch of the Chinese state intelligence network, a source in Britain told the newspaper.

Pioneer Tunnel Holds Easter Egg Hunt and Train Rides

Kids can hunt for candy, play games and win prizes. After the egg hunt, each participant received a prized based on the eggs they found. The age group winners pose in front of their baskets. The museum called the event an "Egg-Cellent Adventure"....

Over 100 Car2Go vehicles stolen in Chicago

The software biz, vehicle 2 Go, confirmed on Wednesday it is working with the cops after some of its cars went missing and, in some cases, were used in connection with other crimes. 'None of our member's personal or confidential information has bee...

Netflix adds 9.6M subscribers in 1Q as competition heats up

This was slightly below the 5.48 million that industry analysts estimated, as surveyed by financial data and software company FactSet. A new subscription streaming service created by the Walt Disney Company, Disney + was unveiled last week , ...

White House's Kudlow says Jerome Powell can turn into good Fed chairman

Some argue that the only impact Trump is having on the Fed is to make the central bank more likely to hike since the Fed doesn't want to appear to have lost its independence from politics. President Donald Trump's pick for the Federal Reserve Boa...

Uber losing US$1.8b a year, IPO filing reveals

Uber's valuation in its latest private investment round was more than $70 billion, but reports said the ride-hailing giant was likely to seek a market value of close to $100 billion. The company set a placeholder amount of $1 billion but did not spec...

Google’s Wing Beats Amazon By Introducing Drone Delivery Service

Drone company Wing - an offshoot of Google's parent company Alphabet - has been trialling deliveries for the last 18 months, but will now be able to go ahead full time. Wing says is plans to expand both its serviced locations and the number of busi...

Merkel to host May for Brexit talks on Tuesday

On Tuesday, members of parliament voted overwhelmingly to approve the extension request, with 420 votes in favour to 110 against. The Prime Minister's request for a June extension came after the House of Commons rejected her withdrawal agreement...

Facebook Removes Exposed User Records Stored on Amazon’s Servers

UpGuard noted that it also found a database backup for a Facebook-integrated app called " At the Pool ", which contained passwords for 22,000 users of the app. After the Cambridge scandal broke in 2018, Facebook further restricted developer ac...

House Democrats to sue Trump over border wall emergency

And if immigrants continue to enter the US through the southern border, Mr. Trump said he would close the border, backing away a bit from an earlier threat to close the border soon. Trump did not give a deadline for when tariffs would be imposed ...

Delta, United and Southwest Airlines GROUND flights across US

United Airlines - 4632 to Chicago - 6:00 a.m. - Delayed to 7:10 a.m. Airlines were recommending that flyers check their flight status online or with the airport they would be traveling out of. Delta said that the outage prevented some of its Delta...

Lyft prices IPO at $72 a share, valuing company at $24B

Uber has been told by its investment bankers that it could be valued at as much as US$120 billion. "Lyft is shooting itself in the foot by going public, as I continue to think that the company is not ready for the harsh glare of the public market a...

Papa Shaq: Pizza Chain Hires O’Neal As New Spokesman

O'Neal owns a Krispy Kreme Doughnuts franchise in Atlanta , has opened multiple restaurants and is also an investor in the Alliance of American Football, the springtime professional football league. Schnatter is still the Louisville, Kentucky-base...

Facebook's massive outage was the result of a server configuration change

Police in Bothell, Washington had to make a similar plea on their Twitter account. Facebook and Instagram has been coming back online for most users on March 14, but it appears it's not completely out of the woods yet. The outage prompted ex...

Trump says congress grilling of Cohen contributed to summit 'walk'

US President Donald Trump (R) walks with North Korea's leader Kim Jong Un during a break in talks at the second US-North Korea summit at the Sofitel Legend Metropole hotel in Hanoi, Vietnam , on February 28, 2019. Bolton also sought to explain...

Victoria’s Secret to close 53 stores

The lingerie icon's parent company, L Brands , announced a 7% drop in sales over their last quarter and 40% in the previous year - although the company's flagship brand, Bath and Body Works, continued to do well. In recent years, sales have slipped ...

WATCH Footage of Handover of IAF Pilot Captured by Pakistan to India

On India's side there were policemen lined up along the road while a huge crowd of Indians waved the country's flag and welcomed the pilot back. Tensions between India and Pakistan flared up after a suicide bomber killed 40 CRPF personnel in K...

Australia denies China ban on coal imports amid tensions

Australian shares gave up early gains, last trading 0.1 per cent lower, but the Australian dollar rallied in the wake of a strong full-time jobs figure. The Dalian port in northern China. Nobody answered two calls to the General Administration ...

No. 1 Duke, Zion figuring out what's next after knee injury

But the sportswear giant says it's an "isolated occurrence". Nike's basketball sneaker sales fell past year as consumers move away from performance sneakers to more casual and comfortable shoes. But then there's the young man who was wearing those ...

Surge in Irish businesses applying for post-Brexit UK access

Britain is due to leave the European Union on March 29 but diplomats say London effectively has less than a month to overcome the stalemate in negotiations and seal an agreement ahead of a regular summit of European Union national leaders on March ...

Huawei security concerns could be managed, says GCHQ

Growing U.S. pressure on allies to shun Huawei Technologies Ltd., China's first global tech brand, increasingly threatens its access to global markets for next-generation telecoms technology. China's government has accused Washington of trying ...

Pope says Vatican open to mediating in Venezuela if both sides willing

One official, speaking on condition of anonymity, said the aid would be prepositioned at the main Colombian-Venezuelan border crossing at Cucuta. The spokesman for Guterres, Stéphane Dujarric, said that Guterres "supports the efforts of the global ...

Britain’s May to meet European Union leaders on Brexit deal

May said that the open border in the Good Friday Agreement was "the cornerstone around which the community in Northern Ireland has come together to deliver peace and prosperity". Ms May said opposition leader Jeremy Corbyn "also believes the potent...

Chinese trade deal ‘unacceptable’ unless Beijing opens markets, says Trump

Chinese Vice Premier Liu He is scheduled to meet with Trump today as pivotal trade talks conclude in Washington . The United States has accused China of hiding some trade-distorting subsidy programs from global scrutiny while disclosing others...

USA talking to Venezuela's Maduro regime over embassy: envoy

In a joint statement, the two countries said the planned meeting, set on February 7, aims to gather representatives of countries and worldwide organizations with neutral position on Venezuela. One went to Peru and another to the Dominican Republic. M...

Guaido calls for more protests as Maduro displays military might

Venezuelan opposition leader and self-declared interim president Juan Guaido has called for demonstrations two days this week in his latest bid to sway the country's military to his side and away from leader Nicolas Maduro. In a sign output could...

China's Rapidly Modernizing Military Has U.S. Senior Officials Concerned

China's efforts to enhance its presence overseas, such as establishing its first foreign military base in Djibouti and boosting economic connectivity by reinvigorating the New Silk Road Economic Belt and 21st Century Maritime Road under the "Belt a...

Trudeau reaches out to Ardern over China

It has demanded her release, warning Canada of severe consequences if it fails to do so. Then authorities revisited the little-known case of Schellenberg, who was sentenced to 15 years in prison in November for drug offences. The United States has ...

California governor, lawmakers confront utility bankruptcy

The company said it expects to have approximately $5.5 billion of committed debtor-in-possession financing when it files for bankruptcy. PG&E's shares plummeted more than 48 percent during morning trading Monday. California law says utility com...

Donald Trump Claims Freshman Democrats Now Support His Wall. They Don't

Senators passed a bill Thursday to ensure all federal employees, whether they are still working or were furloughed, will be paid in full when the partial government shutdown ends. That's according to a congressional aide familiar with the matter ...

Grand Forks Kmart to close in March

Sears Auto Centers at those locations will also close. The Santa Barbara Sears store closure added up to another 72 jobs. Total costs related to closing 73 Sears stores and 28 Kmart stores in the third quarter ended November 3 amounted to $229 m...

Sears is closing in the Tri-Cities

The City of Rapid City tweeted that the closing of Kmart is more reflective of national retail issues, rather than anything local. Sears closed an additional 182 stores after filing for Chapter 11 bankruptcy protection in October. The 130-year ...

Dow Jones soars 1,086 points in largest single-day increase

All three major USA indexes - Dow , S&P and Nasdaq - finished down 2 percent or more on Christmas Eve. The S&P 500 rallied 5 percent, the Dow Jones Industrial Average added 1,086 points, and the Nasdaq 100 had its best day since 2009.

Trump blasts Fed for hiking interest rates, stands behind ‘talented guy’ Mnuchin

The Nasdaq's bear market fall continues as well, sitting over 20 percent under August's record highs. Still, Trump, on Christmas Day, called the Treasury secretary a " very talented guy " and a "very smart person". The current bull market has...

Putin: West disrespecting voters' choices of Trump and Brexit

Putin also said sanctions imposed by Western countries on Russian Federation were the result of the country's increasing global influence. All the speculation about Russia's supposed aspirations for the world dominance are nothing but a " menta...

NASA Engineer Thwarts Holiday Package Porch Thieves with Fart-Scented Glitter Bomb

Mark Rober said a woman was caught on his home security camera walking up to his door and stealing a package off of his porch. They say revenge is a dish best served cold. It shows how Rober connected four phones to a GPS-connected circuit board...

Trump pressures Fed ahead of meeting, warns against 'another mistake'

For now, most forecasters think policymakers will ignore Mr. Trump's grumbling and raise the federal funds rate a quarter point, which would be its fourth hike this year. December 2018 has so far been one of the ugliest Decembers in US stock market ...

Export forecasts slashed as trade body warns of volatile start to year

China on Wednesday made its first major purchases of US soybeans since President Donald Trump and his Chinese counterpart Xi Jinping struck a trade war truce earlier this month, providing some relief to USA farmers who have struggled to find buyers...

Conservative Lawmakers Begin Theresa May Confidence Vote

Earlier, the European Court of Justice gave hope to a small but growing number of MPs seeking a second referendum on Brexit , ruling that Britain was free to halt withdrawal from the bloc unilaterally. It comes days after May postponed a vote to a...

China confident of agreeing U.S. trade deal despite Trump's combative stance

But Mnuchin said, "I think there's no question the president's tariff strategy has worked". "President Xi and I want this deal to happen, and it probably will", Trump wrote on Twitter on Tuesday. "As a result we expect trade hostilities to resume i...

Search

Breaking News

Victoria’s Secret to close 53 stores

The lingerie icon's parent company, L Brands , announced a 7% drop in sales over their last quarter and 40% in the previous year - although the company's flagship brand, Bath and...

WATCH Footage of Handover of IAF Pilot Captured by Pakistan to India

On India's side there were policemen lined up along the road while a huge crowd of Indians waved the country's flag and welcomed the pilot back. Tensions between India and Pak...

Australia denies China ban on coal imports amid tensions

Australian shares gave up early gains, last trading 0.1 per cent lower, but the Australian dollar rallied in the wake of a strong full-time jobs figure. The Dalian port in nort...

No. 1 Duke, Zion figuring out what's next after knee injury

But the sportswear giant says it's an "isolated occurrence". Nike's basketball sneaker sales fell past year as consumers move away from performance sneakers to more casual and c...

Surge in Irish businesses applying for post-Brexit UK access

Britain is due to leave the European Union on March 29 but diplomats say London effectively has less than a month to overcome the stalemate in negotiations and seal an agreement...

Huawei security concerns could be managed, says GCHQ

Growing U.S. pressure on allies to shun Huawei Technologies Ltd., China's first global tech brand, increasingly threatens its access to global markets for next-generation telec...

Pope says Vatican open to mediating in Venezuela if both sides willing

One official, speaking on condition of anonymity, said the aid would be prepositioned at the main Colombian-Venezuelan border crossing at Cucuta. The spokesman for Guterres, Stép...

Britain’s May to meet European Union leaders on Brexit deal

May said that the open border in the Good Friday Agreement was "the cornerstone around which the community in Northern Ireland has come together to deliver peace and prosperity"....

Chinese trade deal ‘unacceptable’ unless Beijing opens markets, says Trump

Chinese Vice Premier Liu He is scheduled to meet with Trump today as pivotal trade talks conclude in Washington . The United States has accused China of hiding some trade-di...

USA talking to Venezuela's Maduro regime over embassy: envoy

In a joint statement, the two countries said the planned meeting, set on February 7, aims to gather representatives of countries and worldwide organizations with neutral position...

Special Reports

Guaido calls for more protests as Maduro displays military might

Guaido calls for more protests as Maduro displays military might

Venezuelan opposition leader and self-declared interim president Juan Guaido has called for demonstrations two days this week in his latest bid to sway the country's military t...

China's Rapidly Modernizing Military Has U.S. Senior Officials Concerned

China's Rapidly Modernizing Military Has U.S. Senior Officials Concerned

China's efforts to enhance its presence overseas , such as establishing its first foreign military base in Djibouti and boosting economic connectivity by reinvigorating the New S...

Trudeau reaches out to Ardern over China

Trudeau reaches out to Ardern over China

It has demanded her release, warning Canada of severe consequences if it fails to do so. Then authorities revisited the little-known case of Schellenberg, who was sentenced to 15...

California governor, lawmakers confront utility bankruptcy

California governor, lawmakers confront utility bankruptcy

The company said it expects to have approximately $5.5 billion of committed debtor-in-possession financing when it files for bankruptcy. PG&E's shares plummeted more than 48 ...

Donald Trump Claims Freshman Democrats Now Support His Wall. They Don't

Donald Trump Claims Freshman Democrats Now Support His Wall. They Don't

Senators passed a bill Thursday to ensure all federal employees, whether they are still working or were furloughed, will be paid in full when the partial government shutdown ends...