Finance

Foxconn again shifts Wisconsin plan after Donald Trump intervenes

According to a Reuters report earlier this week , Gou's special assistant Louis Woo (胡國輝) said the plan was revised in light of the steep cost of making a...


BP Backs Shareholder Climate Proposal

The group writes in the resolution that action was needed because BP "has not yet demonstrated" that its strategy is consistent with the Paris goals. The repo...


U.S. Employers Add Robust 304,000 Jobs - Despite Government Shutdown

The partial government shutdown caused 800,000 workers to miss two paychecks. January was the 100th straight month of job gains. "Best January for the DOW...


Amazon forced to pull products in India as new rules bite

Amazon and Walmart's Flipkart are now banned from cutting exclusive arrangements with sellers, offering deep discounts or holding any business interest in on...


Brazil dam collapse death toll rises to 121

Newly-released video footage shows the harrowing moment a mining dam collapsed, unleashing a powerful wave of waste that swept over everything in its path in ...


Chinese engineer arrested in the USA for stealing Apple’s tech

Furthermore, it said, Chen admitted to backing up his Apple-supplied work computer onto a personal hard drive, which is a big no-no per Apple's security policy....


Facebook posts strong profits as users grow 9%

A report by eMarketer said Snapchat is drawing youths away from Facebook, predict a drop in the 18-24 age group for Facebook. Other new experiences that Zucke...


Meet Tesla’s new CFO, young enough to be a youth league member

Tesla on Wednesday reported net profit of $139 million for the three months ended in December, its second consecutive quarter in the black. "I expect the dema...


More Infant Ibuprofen Sold at CVS, Walmart

Tri Pharma says some of the bottles in the recalled lots have ibuprofen up to 10 percent over the limit, but that's far below the seven times dosage that's co...


Amazon Posts Big Q4 Earnings Beat, Weak Q1 Sales Guidance (NASDAQ:AMZN)

Net Income of $3bn was was up 58 per cent from $1.9bn in the year-ago quarter. Ahead of Amazon's earnings announcement, there were plenty of concerns that t...


Volkswagen confirms electric dune buggy concept for Geneva auto show

Of all the auto designs it could revive, Volkswagen chose the buggy partly based on popularity and partly based on parallelism. VW brand design head Klaus Bi...


Please turn down thermostat due to fire, high demand

About 30,000 employees were affected at GM alone. Fiat Chrysler said on Thursday it canceled two additional shifts at its Warren Truck and Sterling Heights ...


Tesla Model S and Model X get price cuts, new naming scheme

However, Tesla said it expects to turn a profit in each quarter of 2019. Tesla rattled investors on Wednesday by reporting profit that fell short of expecta...


New York Democrats Looking At Potential Challengers To Alexandria Ocasio-Cortez?

She accused "Republicans" of "faking videos and presenting them as real", which also was not true, after the Stuckey parody video . Representative Alexandr...


Can't make trade deal with China until I sit with Xi Jinping

Lighthizer stays out of the limelight but shares President Donald Trump's mistrust of China and believes it poses a threat to USA economic power. Treasury...


Alibaba's single-quarter revenue hits US$17.46 billion

The second most valuable public firm of Asia published revenue amounting to 117.28bn yuan (£13.4 billion) for the three months to the 31st of December, compared...


India’s unemployment rate highest in 45 years

It is not right to compare the two data sets, this data is not verified. " NITI Aayog doesn't have the final report". The survey is the first on employment...


Harley's shares tumble on disappointing earnings

Trump's trade war , which began last summer, has indirectly hurt the company due to new tariffs levied by the European Union on imported motorcycles in respon...


Foxconn scraps plan to build $10 billion Wisconsin factory Trump bragged about

The Chinese company said in 2017 that the $10 billion facility would make LCD displays and employ up to 13,000 people - including a sizable manufacturing work...


British vote raises risk of disorderly Brexit — EU leader Juncker

The Prime Minister told MPs "there are a number of proposals" for doing so. The EU is keen not to be blamed for a no-deal Brexit or the breakdown in talks a...


USA lifts sanctions on Rusal, other firms linked to Russia's Deripaska

But the Treasury Department is removing restrictions on Rusal, En+ Group and EuroSibEnergo. En+ owns hydroelectric power plants in Russian Federation and 48 per...


California's Largest Utility Goes Bankrupt Under Billions In Wildfire Debt

Rather, they along with the company's creditors and suppliers, will need to tussle for a payout from the company. PG&E faces court in San Francisco today, a...


Wall Street surges after Fed signals patience on rates

France's CAC 40 is up 0.5 percent and Britain's FTSE 100 is 0.8 percent higher, though Germany's DAX is down 0.2 percent. The Fed on Wednesday held interest r...


Tyson chicken nuggets recalled due to possible rubber contamination

The USDA's Food Safety and Inspection Service was notified Tuesday. The FSIS advises consumers who may've purchased affected products to check their freezer...


Nvidia and Caterpillar Point to Weakness in China as Outlooks Dim

But during a conference call with analysts Monday morning, Umpleby said that Caterpillar expects the overall China market will be flat this year after two yea...


Embattled Venezuela president ‘ready to negotiate’ with opposition

He has also cracked down on the foreign media working in Venezuela . Maduro had rejected negotiations, but said in an interview with Russia's state-owned...


Facebook paid users to track smartphone use

Apple said Facebook was distributing Facebook Research through an internal-distribution mechanism meant for company employees, not outsiders. In a stateme...


Carlos Ghosn says he's victim of a ‘plot’ by Nissan executives

Ghosn said he spoke to Nissan CEO Hiroto Saikawa about the plan two months before his arrest but Saikawa seemed uninterested in including Mitsubishi CEO Osa...


Can the United States force Nicolas Maduro to step down?

Maduro has promised to stay in office, backed by Russian Federation and China, which have bank rolled his government and fought off efforts to have his governme...


Porsche Taycan Owners Will Get Free Charging From Electrify America -- Maybe

It won't just be Electrify America points that Taycan drivers can use, however. As Porsche prepares for the launch of its first all-electric auto - the high...


Man takes WWII hand grenade to Florida Taco Bell

Police say the man put the grenade in the trunk of his vehicle and drove to the restaurant in Ocala, about 15 miles (25 kilometres) away, where he called author...


Nissan says it’s ‘cooperating fully’ with inquiry by US SEC

Nissan shares slipped 0.8 percent on Monday in Tokyo, versus a 0.6 percent decline in the Nikkei average. The carmaker also has been indicted, a step that allow...


No mail delivery In Dakotas and Minnesota Wednesday

Postal Service. Storm Team 12 says much of eastern Kansas will wake up to what feels like subzero temperatures due to wind chills, including Wichita. Some USP...


Venezuela's Guaido expresses concern over Greek position

White House national security adviser John Bolton said on Monday the new measures would cost Maduro $11 billion in lost export proceeds over the next year and...


Brexit: Theresa May seeks backing for amendment calling for changes to backstop

The report published today by the House of Commons" Exiting the EU Select Committee says that both the EU and UK have previously said that the matter of "citi...


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