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Target suffering register outages nationwide

The hashtag #targetdown was trending worldwide on Twitter . Target is reporting outages at checkout counters across the chain, affecting shoppers nationwide. A store clerk in Chicago told WXYZ cashiers are now working to service customers manual...

Raytheon and United Technologies Announce Merger to Create 'Military-Industrial Behemoth'

In a surprise announcement , Farmington-based United Technologies said Sunday evening it's merging with another aerospace giant, Raytheon. The transaction is expected to be completed in the first half of 2020, after planned spin-offs of United Tec...

Halo Infinite launches on Xbox One, PC and Xbox Scarlett Holiday 2020

Project Scarlett will hit stores in time for the 2020 holiday season alongside the next Halo game . For hardware, Project Scarlett will use a custom CPU designed by AMD featuring Zen-2 architecture. Halo's new Halo Infinite title will be...

US Stocks Surge After Dismal Nonfarm Payrolls Numbers Stock Rate-Cut Bets

It noted that unemployment remains at a historically-low 3.6 percent, or just under 6 million Americans. The jobless rate was partly pushed down by workers dropping out of the labour force over the last four months. Employers in the construction sect...

Amazon’s New Delivery Drone Coming Soon

Amazon is aiming for deliveries of small items in less than 30 minutes with its latest drone design. Wilke said the drones are fully electric, can fly up to 15 miles (24 kilometers), deliver in 30 minutes and carry goods that weigh up to 5 pounds ...

Huawei Slows Down Production, Following Trade Ban

He added that this may consist of a couple of other components, including limitations in shipments of minerals that are vital for use in the numerous US made devices and electronic cars. But cybersecurity experts worry the ban will hurt US tech compa...

China to probe FedEx after Huawei says parcels diverted

It issued the threat after Washington last month put Huawei on a blacklist that effectively blocks USA firms from doing business with the Shenzhen-based telecoms equipment maker. The US recently created an Entity List filled with unreliable forei...

Trump, Japan’s PM bond on golf course during state visit

Abe in nearby Chiba. He is attending the final day of a 15-day tournament. The Japan Sumo Association instituted some safety precautions because of Trump, including cutting in half the number of same-day tickets sold. Golf has been a bonding act...

Samsung Renews Android License Because Nobody Wants to Be Huawei These Days

As such, they were some of the first choices for businesses looking to deploy phones and tablets to employees, alongside devices from Google , Sony, Samsung, BlackBerry, and others. Following the announcement of the United States ban, the risks fo...

US Supreme Court allows anti-trust suit against Apple

Apple said in its statement, "Developers set the price they want to charge for their app and Apple has no role in that". The Supreme Court is allowing consumers to pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for ...

Monsanto ordered to pay $2 bn in latest Roundup blow

Bayer's stock price hit an nearly seven-year low Tuesday, in the wake of a third USA jury verdict that found its Roundup weedkiller to be a cause of people's cancer. Bayer said it was "disappointed" in the decision and would appeal. The company ...

Chinese vice premier says trade talks with US went 'fairly well'

Meanwhile, China says it "deeply regrets" the USA move and would have to take "necessary counter-measures". The United States and China had much mutual understanding, but they still had differences over "principle issues", Liu was quoted by Reute...

World's Largest Cryptocurrency Exchange Loses $41 Million in Bitcoins to Hackers

Initial analysis suggested hackers had plundered the currency from a bitcoin wallet belonging to the company in one vast transaction . Zhao said the hackers targeted Binance's "hot wallet", which is connected to the internet and which he sai...

China likely to retaliate to U.S. tariff increase - ING

China has vowed to retaliate "in kind" if the president proceeds with the increase to 25 per cent from 10 per cent on US$200b in Chinese products. The duties apply to cargoes leaving China after 12.01 am EDT (0401 GMT) Friday. And he has renewed h...

With two tweets, Trump shatters historic calm in global markets

Despite the happy talk from Trump and others in recent days, the USA has become frustrated with China's backpedaling on some of its earlier commitments, including on the crucial matter of technology transfer, two people familiar with the situation sa...

United States job creation surges in April as unemployment hits 49-year low

Bureau of Labor Statistics reported Friday. Would the April jobs numbers put a damper on things by underwhelming the markets? The unemployment rate last month, meanwhile, ticked down from 3.8% in March . US employers likely maintained a strong pac...

Berkshire Hathaway share price: 3 things to expect from Q1 results

While Buffett has always admired Jeff Bezos, he didn't invest in Amazon . After taking losses, Buffett had sold almost all the IBM stock by previous year. Buffett is 89 years old and has owned Berkshire Hathaway shares for 57 years, but the "Oracl...

Trump Tweets at FED to Cut Interest Rates

That is an improvement from the view Fed officials took after their March meeting, when they noted that "the growth of economic activity had slowed from its solid rate in the fourth quarter". Republicans in Congress surely share the president's d...

Apple Watch has record breaking quarter and it's not letting up

Of course, the iPhone is still the primary vehicle for accessing Apple's services, so it's not like the company can simply shrug its shoulders at the continued slump. The Cupertino, Calif. -based juggernaut beat analyst expectations for earnings pe...

European travellers hit as SAS airline cancels more flights

SAS pilots in Norway, Sweden and Denmark joined the strike on Friday after wage negotiations collapsed. "Due to the strike another estimated 64,000 passengers will be affected when 587 flights are cancelled across Scandinavia". "Many SAS pilots hav...

Glitch in server leaves Air India passengers stranded globally

The effects of the technical snag were felt particularly at Delhi's Indira Gandhi International Airport where the number of stranded passengers reportedly crossed a hundred, reported News18. Operations are normal now (sic)". Air India said that t...

Amazon pulls in a record $5.4 billion profit

Amazon has promised to cut delivery times worldwide for customers of its Prime service. "In the past month, we have significantly expanded our one-day eligible selection and also expanded the number of zip codes eligible for one-day shipping".

Apple revealed as major AWS customer

Despite all this, Apple now spends more than $30m a month with AWS, people familiar with the matter told CNBC - more than any other publicly announced customer. Of course, it should also be noted that Apple had previously reported it also uses so...

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...

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Breaking News

With two tweets, Trump shatters historic calm in global markets

Despite the happy talk from Trump and others in recent days, the USA has become frustrated with China's backpedaling on some of its earlier commitments, including on the crucial m...

United States job creation surges in April as unemployment hits 49-year low

Bureau of Labor Statistics reported Friday. Would the April jobs numbers put a damper on things by underwhelming the markets? The unemployment rate last month, meanwhile, ticked ...

Berkshire Hathaway share price: 3 things to expect from Q1 results

While Buffett has always admired Jeff Bezos, he didn't invest in Amazon . After taking losses, Buffett had sold almost all the IBM stock by previous year . Buffett is 89 years ol...

Trump Tweets at FED to Cut Interest Rates

That is an improvement from the view Fed officials took after their March meeting, when they noted that "the growth of economic activity had slowed from its solid rate in the f...

Apple Watch has record breaking quarter and it's not letting up

Of course, the iPhone is still the primary vehicle for accessing Apple's services, so it's not like the company can simply shrug its shoulders at the continued slump. The Cuperti...

European travellers hit as SAS airline cancels more flights

SAS pilots in Norway, Sweden and Denmark joined the strike on Friday after wage negotiations collapsed. "Due to the strike another estimated 64,000 passengers will be affected wh...

Glitch in server leaves Air India passengers stranded globally

The effects of the technical snag were felt particularly at Delhi's Indira Gandhi International Airport where the number of stranded passengers reportedly crossed a hundred, repor...

Amazon pulls in a record $5.4 billion profit

Amazon has promised to cut delivery times worldwide for customers of its Prime service. "In the past month, we have significantly expanded our one-day eligible selection and als...

Apple revealed as major AWS customer

Despite all this, Apple now spends more than $30m a month with AWS, people familiar with the matter told CNBC - more than any other publicly announced customer. Of course, it ...

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...

Special Reports

Pioneer Tunnel Holds Easter Egg Hunt and Train Rides

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 ...

Over 100 Car2Go vehicles stolen in Chicago

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 cri...

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

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 creat...

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

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...

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

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 billio...