Finance

Draghi Sounds Economic Alarm as Risks Tilt to Downside: Full Briefing

Mario Draghi , President of the ECB, is delivering his remarks on the bank's monetary policy decision in a press conference with key quotes, via Reuters, found ...


CBO: Shutdown Cost U.S. Economy $3 Billion

The CBO warned risks were becoming "increasingly significant as the shutdown continued". Federal workers poured off of commuter buses and subway escalators on...


USA charges Chinese telecom giant Huawei with fraud, stealing trade secrets

Meanwhile, a grand jury in NY has also returned an indictment alleging 13 crimes committed by Huawei , its CFO, an affiliate in Iran and one of its subsidiarie...


Justice Department announces charges against China's Huawei

Meng was arrested in early December 2018 by Canadian authorities at the request of the United States over allegations that she had committed fraud in sidesteppi...


Venezuela in Turmoil: President Maduro says USA is plotting a coup

Guaido is asking for help in getting control of the Venezuelan government's offshore assets. The US, Canada, most Latin American nations and many European sta...


Saudi hopes to attract over $425 bln in investments

The National Industrial Development and Logistics Programme covers 42 initiatives for creating local content in key sectors that include mining, logistics, and ...


Another Democrat urges Schultz not to run

But Schultz dismissed that concern outright, saying, "I want to see the American people win", and noting that he is not "in bed" with either party. Already to...


Venezuela's power struggle turns to winning military favor

Mr Pompeo said later he would not speculate on what happens next. Pompeo went after Russian Federation and China, accusing them of trying "to prop up Maduro w...


$298M Powerball jackpot a surprise win for Brooklyn, NY, truck driver

That was the reaction of a Brooklyn dad who was the lone victor of last month's $298.3 million Powerball, the second-largest jackpot in NY state history. "I tur...


Five-week government shutdown ends, for now

The president said that if Congress doesn't come up with a "fair" deal on homeland security funding in the next three weeks, he could invoke emergency powers ...


Mick Mulvaney says Trump is willing to shutdown the government again

Those discussions will keep Democrats' priorities on the back burner and could trigger a new shutdown if no agreement is reached. Mulvaney then pushed the bla...


Rescuers search for Brazil dam survivors

He said a torrent of sludge tore through the mine's offices, including a cafeteria during lunchtime. That's the time for the muck to reach the Retiro Baixo hydr...


Global slowdown worries keep oil prices under pressure

March Brent crude oil finished at $61.64, down $1.06 or -1.72%. Since the U.S. -China trade dispute is sharing the blame for the slowing global economy and f...


California Investigation Finds PG&E Blameless In Massive 2017 Wine Region Wildfire

Yahoo News reported PG&E shares soared on Thursday, a half-hour before the announcement that cleared PG&E from any responsibility in the Tubbs Fire - the sec...


Venezuelan US defence attaché breaks with Maduro as diplomats leave

The top USA diplomat rapped China and Russian Federation for "propping up a failed regime in the hopes of recovering billions of dollars in ill-considered inves...


Renault names new leaders as Ghosn bows out

Sources suggest that the board will be meeting to consider appointing former Michelin CEO Jean-Dominique Senard as chairman and Ghosn's deputy, Thierry Boll...


How Facebook tricked children into spending money on games

Internal documents from Facebook, including chat logs, show employees of the company raising concerns about the problem. Newly released documents show that so...


Crude Oil Forecast: Prices May Continue Climb on GDP Growth Recovery Bets

In total, the net imports of crude oil and products in the United States was 3.36 million barrels per day last week, up by about 1 million barrels per day from ...


Buzzfeed, Verizon lay off several employees, more to come

At least 250 people could lose their jobs, the Journal said , citing "people familiar with the situation". Rumors of the layoffs began "flying" at the ...


Boeing Autonomous eVTOL Makes First Flight

Next steps: Boeing said future flights will test forward, wing-borne flight, plus the transition between vertical and forward-flight modes. Transition is usual...


CBOE Withdraws Bitcoin ETF Application — Newsflash

Due to this, the exchange's application with the SEC has been in limbo. However, as CCN reported , the prolonged government shutdown made it increasingly...


Unemployment rate edges lower to 5.0%

The overall trend in Australia's labor market has been robust over the past couple of years with annual job growth of 2.2 percent, faster than the 1.6 percent r...


TSA officers get partial pay as shutdown's financial toll worsens

Corfman says they'll accept donations until the workers receive their first paycheck post-shutdown. Employee surveys have shown for years that salaries are th...


Necco Candy Sweethearts Not In Stores As Valentine’s Day Approaches

However, Spangler have said that while they plan to continue making Sweethearts , they didn't have enough time to get them ready for this Valentine's Day, havi...


If Alexandria Ocasio-Cortez were a conservative | Marc Thiessen

Participants at the 49th annual meeting of the World Economic Forum in Davos, Switzerland , on Wednesday. Ocasio Cortez explained that the tax is on "your ...


Huawei will launch its foldable-screen 5G smartphone at MWC

Vodafone is in talks with the company and various agencies and governments, following the pause on buying Huawei equipment for its core network. Huawei has ...


People Reportedly Missing After Brazilian Mining Company's Dam Collapses

There are still no confirmed fatalities, though, according to a spokesperson for Minas Gerais state's Civil Defense told ABC News. The flow of waste reached t...


Reuters Reports Russian Military Contractors Operating In Venezuela

Venezuela's President Nicolas Maduro gestures during a ceremony to mark the opening of the judicial year at the Supreme Court of Justice (TSJ), in Caracas, Ven...


Southfield man kicked off American flight for body odor

American Airlines has released a statement saying the family was kicked off the plane after passengers complained about their body odor. "Our team memb...


Microsoft's search engine Bing goes offline in China as users fear censorship

Other internet products such as its Azure cloud computing service remained online and available, according to some of its customers. "And we'll go at times in...


FAA Orders Ground Stop at LaGuardia Due to 'Staffing Shortages'

Staffing issues included problems with the Washington Air Route Traffic Control Center and the Jacksonville Air Route Traffic Control Center, among others. It's...


Venezuelan Military Stands by Maduro

Alexei Pushkov, chairman of the information committee at the Russian Federation Council, called Guaido's declaration "an attempted coup" backed by the U.S. "Out...


Dyson moves head office to Singapore

Rowan said moving to Singapore was part of "the evolution" of the company. It said the move to Singapore was not driven by Britain's looming departure from t...


White House's Kudlow says 'no cancellation' of US-China trade meeting

China and the United States are in the midst of a 90-day tariff truce, which began on Dec 1, when President Xi Jinping and his USA counterpart, Donald Trump, ...


Tesla gets approval to start delivering Model 3 in Europe

The company is cutting jobs so it can profitably deliver lower-priced versions of the Model 3 , Tesla's first auto targeted for the mass market. As noted by r...


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