Finance

Ford faces United States criminal investigation over vehicle emissions

Ford is the latest automaker tangled up in allegations of emissions testing misconduct. This would be different than the emissions violations committed by Vol...


Weak industrial earnings drag Wall Street lower

United Parcel Service said its net income fell 17% on earnings, and Illinois Tool Works had earnings that was weaker than analysts forecast. They helped dr...


Germany and Poland halt Russian oil imports

On Wednesday, Polish pipeline company Pern told Transneft it was suspending purchases, a letter seen by Reuters showed. Russian Federation held talks with Bel...


Air India flights affected after server shutdown, passengers stranded at airports

The glitch, which surfaced at 3 am Indian time, lasted for 5 hours during which time it was not possible to print boarding passes for any passenger. According...


Cryptocurrencies shed $10 billion in an hour on worries over 'stablecoin' tether

If the accusation by the New York Attorney General's office prove true, Tether may have been responding to a shift in funds in order to cover for extensive ...


Air Canada extends grounding of 737 MAX until August

Air Canada has chose to extend its grounding of the Boeing 737 Max until August 1, 2019. In the meantime, however, American has been rebooking nearly 700,000 ...


Elon Musk and the SEC resolve dispute over the Tesla’s CEO’s tweets

That first settlement with the agency followed rogue tweets by Musk that falsely suggested Tesla would be taken private at $420 a share, an assertion that tempo...


NY investigating Facebook over 'unauthorised' email contact collection

New York Attorney General Letitia James is opening an investigation into Facebook's "unintentional" upload of up to 1.5 million users' contact lists, vowing t...


Apple Announces Recall Program For Three-Prong AC Wall Plug Adapter

See website for more details and images to identify an affected adapter. It's not clear, though, just how many devices that could be. Apple has announced ...


One Of World's Largest Diamonds Found In Botswana Mine In Africa

Botswana is well known for producing large diamonds. Lucara said it is the largest diamond recovered in Botswana, and the largest diamond to be mined at K...


Amazon employees had access to sensitive user data through Alexa

While there's no indication Amazon employees with access to the data have attempted to track down individual users, two members of the Alexa team expressed ...


China's Belt and Road is 'green and clean,' says Xi

The new Malaysian prime minister cancelled some planned works and renegotiated a rail project cutting 30 percent off the price tag. Imran Khan said Pakistan ...


USA economic growth stronger than expected

Officials slightly dimmed their outlook for the economy in March, predicting the United States economy will expand at a pace of 2.1% this year. First-quar...


Aussie tumbles to six-week low

Today, economists expect both headline and underlying inflation to move further away from the RBA's target range. The Aussie was marked lower after the data...


Uber sets terms for IPO, posts $1 billion first-quarter loss

By comparison, the top end of Uber's valuation target is around eight times revenue previous year. Uber said this month it may never be profitable as it repor...


Should You Have this stock in Your Portfolio? Tesla (TSLA)

EPS gives investors a standardized way to determine a company's profit and evaluate how expensive the stock is. High ATR indicates increased volatility . Re...


Waymo advances self-driving vehicle plans

Financial details of the arrangement weren't disclosed. "Today's announcement by Waymo shows that the City of Detroit remains at the center of the future ...


Microsoft Is Now a $1 Trillion Company

Some investors have been concerned that while Azure is still growing rapidly, those increases have slowed from the past when doubling was a regular occurrence. ...


Ghosn released from detention

Ghosn , who is facing multiple charges of financial misconduct, cannot, however, leave Japan. He was first arrested on November 19 on charges of under-reporti...


Wall Street edges lower, energy stocks fall

The index has rallied 17% this year, supported by a dovish Federal Reserve, hopes of a U.S. The Nasdaq closed up 1.3% at 8,120.82. The U.S. and China are st...


Ford to invest $500M in electric vehicle startup Rivian

She said customers should look for the Ford Rivian electric vehicle in commercial fleets first before the everyday driver gets involved. Ford is also partner...


FAA Greenlights Google Wing Drone Deliveries in US

The certification permits Wing Aviation, the autonomous aircraft project launched by Google's parent company, to begin operating as a commercial service to de...


China's New Video Game Rules Officially Ban Blood, Corpses, Mahjong, And Poker

Having access to what Bloomberg describes as "the world's largest gaming market" is undoubtedly good for developers and publishers. Daniel Ahmad, an analyst...


Facebook Is Preparing for a Multi-Billion Dollar Fine From the FTC

The FTC has been looking into Facebook's involvement with the data-mining firm Cambridge Analytica scandal since last March. Facebook , which owns Insta...


Kohl's rolling out free Amazon return services nationwide

Online shopping just got even more convenient. This summer, Amazon customers can drop by any of the 1,150 Kohl's locations across 48 states to return items fr...


Beyond Meat burgers are coming to a Canadian grocery store near you

Beyond Meats will have 57.43 million shares outstanding after the offering. Valued at more than US$1.2 billion ($1.8b), it is worth roughly double what it was...


Kim Jong-un arrives in Vladivostok for meeting with Russian president

Moscow was a crucial backer of Pyongyang for decades and their ties go back to the founding of North Korea , when the Soviet Union installed Mr Kim's grandfath...


Stop & Shop reaches tentative contract deal, ending strike

The company said its associates' top priority will be restocking its stores so that they can " return to taking care of our customers and communities ", accord...


Tesla Model S, Model X get a range boost

The lower-priced options, or the "standard range" versions, of Model X and Model S were available for purchase on Tesla's website after Tuesday's announce...


Harley-Davidson points to tariff impact as Trump weighs in

Trump had previously criticized Harley for its plans to shift some USA production overseas to avoid European Union duties imposed in retaliation for the tariffs...


Twitter co-founder subtweets Jack Dorsey into dust following Trump meeting

The meeting, which was at the invitation of the White House, would discuss "the health of the public conversation on Twitter", the email said. The closed-door...


Elizabeth Warren proposes wiping out student loan debt

Warren said she plans to fund the plan by using her proposed " Ultra Millionaire Tax " on the 75,000 American families who have at least $50 million in weal...


Former Nissan chairman Carlos Ghosn facing new charges

A court would likely rule on the bail request on Tuesday, Ghosn's lead lawyer, Junichiro Hironaka, told reporters. Nissan Motor Co Ltd will reject a managem...


Beeping Easter Egg hunt caters to visually-impaired students

Children searched high and low for some candy filled Easter eggs. That's, right the eggs were dropped from a helicopter onto the Marietta Middle School footba...


Sri Lanka Police Find More Bombs, Detonators Day After Easter Jihadist Massacre

They were on the second floor of the luxury hotel when two suicide bombers walked in and blew themselves up as part of eight co-ordinated attacks which killed 2...


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