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NAFTA breakthrough seems imminent after fractious talks

He announced the progress from the Oval Office, with Mexican president Pena Nieto joining in on speakerphone. United States and Mexican negotiators have been working for weeks to iron out differences in order to revise the almost 25-year old North...

Verizon lifts data speed caps for first responders

This was right in the middle of the department's response to a wildfire, said department chief Anthony Bowden, in an official declaration. The revelations, which were first reported by Ars Technica , are buried in an addendum to a brief filed in s...

Manhattan DA Considering Criminal Charges Against Trump Organization: NY Times

On Tuesday, Cohen pleaded guilty to eight felonies, including two counts related to hush money to women who alleged affairs with Trump. Two executives at American Media Inc, which publishes the National Enquirer , a tabloid reportedly involved i...

U.S. Stocks Rise as Trade Angst Ebbs; Dollar Falls: Markets Wrap

Atlanta Fed President Raphael Bostic said on Monday he was maintaining his expectation for one more interest rate hike this year, as trade tensions and worldwide events add some downside risk to an otherwise strong USA outlook. "And I think the e...

Turkey Will Respond If Us Imposes More Sanctions: Minister

Turkey's battered lira weakened 5 percent on Friday after a Turkish court rejected a U.S. Christian pastor's appeal for release, a day after the United States warned of further sanctions unless Ankara hands over the detained minister.

Goldman, Silver Lake Advice Tesla On Going Private Plan

The board had confirmed earlier this month that it had "met several times over the last week" to discuss going private. A week later Musk tweeted, "Am considering taking Tesla private at $420". Then on Tuesday, the Tesla board said it wasn't clea...

Commercial airliner is 'hijacked from Seattle-Tacoma Airport', say reports

The man who stole the plane , Richard Russell , is presumed dead in the wreckage. An unauthorized person reportedly took control of a jet Friday evening and took off from Seattle-Tacoma International Airport in Waqshington state, though authori...

Turkish Lira Falls As Trump Doubles Metals Tariffs

The two countries had failed to agree on a deal to free an American pastor charged with espionage in Turkey . Turkey's central bank said on August 13 that it would provide liquidity and cut reserve requirements for Turkish banks to stop the slide ...

Companies defy EU's ban to adopt USA sanctions on Iran

Trump said Tuesday that anyone doing business with Iran will not be allowed to maintain business ties with the United States. Iran's president Hassan Rouhani has threatened to shut down the strait in response to sanctions re-imposed on the Irania...

China threatens tariffs on $60 billion in USA goods

These taxes come as similar levies on agricultural goods have been imposed by the European Union, Canada and Mexico in retaliation to Mr Trump's tariffs on steel and aluminium. By comparison, companies in America sold £100bn ($130bn) of goods to Chin...

New York state revokes approval of Charter-Time Warner Cable deal

Under that agreement, the state allowed Charter to acquire Time Warner , making it the second-largest cable operator in the country, if the company agreed to upgrade or expand its broadband services in sparsely populated areas. Charter will undoubte...

Have Facebook and Twitter Stocks Become Attractive?

Twitter's aggressive moves to clean up the platform had not detracted from its advertising revenue, said the social network's chief financial officer, Ned Segal, during a conference call. Long criticized for allowing bad behavior to run rampant on i...

Facebook stock falls 24 percent following report of slow user growth

The social media company has contended for years with criticism about its content policies, its failure to safeguard private data and its changing rules for advertisers. The owner of the world's largest paid online TV network reported slower subscrib...

US Treasury Secretary denies any chance or a currency war

The dollar index is so far up 2.4 percent this year. The dollar index went as deep as 94.207 on Monday, the lowest in more than two weeks. The Chinese Foreign Ministry also said that threats and intimidation on trade would never work on China, afte...

Trump's threat of tariffs on all $505bn of Chinese imports knocks markets

For two straight days, President Donald Trump has committed a major break in American political convention by commenting on the actions of the Federal Reserve and the criticism echoes one of the worst monetary-policy mistakes in USA history.

U.S. payrolls rise 213 000, wage gains slow and unemployment rises

Following these revisions, job growth in America has averaged 211,000 over the last three months - which is in line with what is needed to sustain a growing population. Asian unemployment increased to 3.2 percent from an extraordinary 2.1 percent i...

US Chamber Of Commerce Launches Campaign Against Trump Tariffs

In 2017 South Africa exported R50.3 billion of automotive components - and Germany was the top export destination for the industry. Krugman warns that consequences of these disputes affect the structure of world trade: "The U.S.is now behaving ...

European Union 'possibly as bad as China' on trade with US, Trump says

The document also said that European vehicle makers in the USA make about 2.9 million cars per year, accounting for 120,000 jobs directly involved in the manufacturing process, or 420,000 jobs if non-direct roles such as auto parts production and ret...

Amazon will help entrepreneurs form companies to deliver its packages

Kroger, the grocery giant, is also upping its delivery game partnering with the self-driving auto company Nuro. That's a lot of revenue, but also a lot of deliveries. The company will take an active role in helping interested entrepreneurs star...

Oil ministers back output hike despite Irans walkout

The Organization of the Petroleum Exporting Countries is meeting in Vienna together with non-OPEC oil producers to discuss output policy. The price of oil jumped after the announcement, with the global benchmark, Brent, gaining 2.5 percent to $74...

OPEC agrees to pump more oil and crude prices jump

The production increase will partly undo a 1.2 million barrel cut OPEC agreed on in late 2016 that has helped push up the price of oil. But don't expect a drastic drop in oil price . "Certainly the longer it drags out, the market is bound to see som...

Russia Will Take China's Side Against U.S

On July 6th, both the US and China will impose 25% tariffs on $34 billion worth of Chinese and USA imports, respectively. On Friday, the president imposed a 25% tariff on $ 50 billion worth of imports from China. The tit-for-tat tariffs could then...

Tesla rallies with Model Y in the mix

Musk said at Tesla's annual shareholder meeting near the company's Palo Alto, Calif., headquarters. "We just did a big set of upgrades, and it's quite likely that we will achieve a 5,000 auto a week (production rate) by the end of this mont...

Rahul Gandhi terms 1 paisa petrol price cut as `prank, childish move`

The state-run oil marketing company reduced petrol and diesel prices by just one paisa on Wednesday - a move that was mocked by social media users and Opposition politicians. "Prime Minister (Narendra Modi) spends Rs 4,600 crore (4.6 billion)...

Morneau Takes Dig At Scheer’s Business Experience During Trans Mountain Tiff

Trudeau is gambling billions of Canadian taxpayer dollars on an oil project that will never be built - a project that Kinder Morgan itself has indicated is "untenable" and that faces more than a dozen lawsuits, crumbling economics, and a growing ...

Trump heralds United States military in Naval Academy commencement address

Before traveling to Annapolis Friday morning to speak at the commencement ceremony for the U.S. Naval Academy, President Trump said the summit with North Korea could still happen June 12. In a scathing op-ed written for the Baltimore Sun , USNA gr...

Macy's shares surge as sales and profits beat forecasts

The company's stock had a trading volume of 430,342 shares, compared to its average volume of 10,033,043. Macy's reported a first-quarter profit of $0.48 per share (adjusted), topping the estimate for $0.37 and revenue of $5.54 billion, also be...

MKM Highlights Near-Term Challenges for Nvidia (NVDA)

NVIDIA Corporation ( NVDA ) has a Return on Assets of 30.6 percent, Return on Investment of 30.9 percent and a Return on Equity of 47 percent. Wolverine Asset Lc has invested 0.29% of its portfolio in NVIDIA Corporation ( NASDAQ : NVDA ).

Walmart agree a $16m deal to buy Indian online retailer Flipkart

SoftBank acquired its stake in the company a year ago through its Vision Fund investment arm. The $ 16 billion deal will see only $2 billion fresh inflow into the company. Flipkart co-founder Sachin Bansal will leave the company after this dea...

Apple to replace some iPhone X units with Face ID problems

Apple has yet to officially comment on this problem publicly or launched an official fix program, so it sounds like these are just internal guidelines for their stores should customers come in with a problem with Face ID . One of these components...

Parkland students brand firearm ban during Pence speech as NRA hypocrisy

Other speakers include NRA Executive Vice President Wayne LaPierre, NRA-ILA Executive Director Chris W. Cox, NRA Spokesperson Dana Loesch, Texas Gov. Greg Abbott, Texas Senators John Cornyn and Ted Cruz, Nebraska Gov. "If I was a [Democrat], I'd have...

Blue-Chip Stocks That Warren Buffett Dumped (And Why)

Apple shares added 3.9 percent, to $183.83, as investors hoped to grab some of the Buffett investment magic. Buffett has said he looks at Apple like a consumer products company with a strong competitive position, rather than as a tech company....

Han and Chewie featured on latest Solo: A Star Wars Story posters

Several " Star Wars " pieces are also due to be sold, including a 46-inch tall model of the Death Star used in "Return of the Jedi" and models of C-3PO and Darth Vader created by effects house Industrial Light and Magic are also due to be sold.

Dow rises as Boeing results buoy stocks

USA market indexes were mixed on Wednesday. But the comments from Caterpillar's executives, as well as from other major companies like 3M and Sherwin-Williams, had investors worrying about whether that growth will show up. The company reported bett...

Ford accelerates cost-cutting plan, will drop most United States sedans

Ford isn't going to invest in the next generation of its "traditional" saloon (sedan) line-up in the States. The company says it hopes to work on some new vehicle types that combine the best attributes of cars and trucks. In addition to putting h...

Takeda ups its offer for Shire

That rings up at 0.839 new Takeda shares and $30.33 for each Shire share - or close to $ 65 billion , with Takeda tacking on about $2.5 billion. The deal would represent Takeda's biggest-ever takeover, according to Japanese media. The compa...

Austin MotoGP: Marquez leads Vinales in warm-up

Iannone will start second ahead of French Yamaha rider Johann Zarco. Marquez pulled away lap by lap until his lead reached 7 seconds, and then he coasted in for the win. Dani Pedrosa salvaged seventh place on the second works Honda in a race he was...

TCS becomes India's first 100-bln-USD company

Among its peers, IBM's (International Busines Machines) market cap stands at $133.48 billion. In dollar terms, the company had its highest revenue growth in 14 quarters at 11.7 per cent. " TCS is aiming to become 100 per cent agile by 2020, all empl...

China 'welcomes' Mnuchin's offer to hold trade talks in Beijing

The US has had discussions with Japan on a bilateral trade agreement, the secretary said . -China trade war threatened to damage confidence, investment and growth. Bankers and finance ministers from the IMF's 189 member countries met in Washington, ...

Majority of Teens, Parents Worry About New School Shootings

Students at Southmoreland High School also are working to plan additional school safety awareness events, said sophomore Olivia Robertucci, who helped plan the school's March 14 walkout. "We get hate comments online all the time because we're anger...

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Breaking News

Manhattan DA Considering Criminal Charges Against Trump Organization: NY Times

On Tuesday, Cohen pleaded guilty to eight felonies, including two counts related to hush money to women who alleged affairs with Trump. Two executives at American Media Inc, wh...

U.S. Stocks Rise as Trade Angst Ebbs; Dollar Falls: Markets Wrap

Atlanta Fed President Raphael Bostic said on Monday he was maintaining his expectation for one more interest rate hike this year, as trade tensions and worldwide events add so...

Turkey Will Respond If Us Imposes More Sanctions: Minister

Turkey's battered lira weakened 5 percent on Friday after a Turkish court rejected a U.S. Christian pastor's appeal for release, a day after the United States warned of furth...

Goldman, Silver Lake Advice Tesla On Going Private Plan

The board had confirmed earlier this month that it had "met several times over the last week" to discuss going private. A week later Musk tweeted, "Am considering taking Tesla ...

Commercial airliner is 'hijacked from Seattle-Tacoma Airport', say reports

The man who stole the plane , Richard Russell , is presumed dead in the wreckage. An unauthorized person reportedly took control of a jet Friday evening and took off from Sea...

Turkish Lira Falls As Trump Doubles Metals Tariffs

The two countries had failed to agree on a deal to free an American pastor charged with espionage in Turkey . Turkey's central bank said on August 13 that it would provide liqu...

Companies defy EU's ban to adopt USA sanctions on Iran

Trump said Tuesday that anyone doing business with Iran will not be allowed to maintain business ties with the United States. Iran's president Hassan Rouhani has threatened to ...

China threatens tariffs on $60 billion in USA goods

These taxes come as similar levies on agricultural goods have been imposed by the European Union, Canada and Mexico in retaliation to Mr Trump's tariffs on steel and aluminium. By ...

New York state revokes approval of Charter-Time Warner Cable deal

Under that agreement, the state allowed Charter to acquire Time Warner , making it the second-largest cable operator in the country, if the company agreed to upgrade or expand its...

Have Facebook and Twitter Stocks Become Attractive?

Twitter's aggressive moves to clean up the platform had not detracted from its advertising revenue, said the social network's chief financial officer, Ned Segal, during a conferen...

Special Reports

Facebook stock falls 24 percent following report of slow user growth

Facebook stock falls 24 percent following report of slow user growth

The social media company has contended for years with criticism about its content policies, its failure to safeguard private data and its changing rules for advertisers. The owner ...

US Treasury Secretary denies any chance or a currency war

US Treasury Secretary denies any chance or a currency war

The dollar index is so far up 2.4 percent this year. The dollar index went as deep as 94.207 on Monday, the lowest in more than two weeks. The Chinese Foreign Ministry also said ...

Trump's threat of tariffs on all $505bn of Chinese imports knocks markets

For two straight days, President Donald Trump has committed a major break in American political convention by commenting on the actions of the Federal Reserve and the critici...

U.S. payrolls rise 213 000, wage gains slow and unemployment rises

U.S. payrolls rise 213 000, wage gains slow and unemployment rises

Following these revisions, job growth in America has averaged 211,000 over the last three months - which is in line with what is needed to sustain a growing population. Asian unemp...

US Chamber Of Commerce Launches Campaign Against Trump Tariffs

In 2017 South Africa exported R50.3 billion of automotive components - and Germany was the top export destination for the industry. Krugman warns that consequences of these d...