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Macy's Furloughs Most Of Its 130000 Workers

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Washington unemployment rate at 4.7 percent

Paul Turek, economist for the department, says in a written statement that gains "were widespread across industries with most adding jobs". "And while the une...

Oil Prices Are Too High

The oil supply deal is set to continue through the end of 2018, but plans for its continuation were unclear for next year. The kingdom reported that it increa...

Wetherspoon pubs to bring in 'non-EU' drinks

Spoons chairman Tim Martin - a strong Brexit supporter - said: "This move helps us to broaden our horizons so we create an improved offer for the two millio...

Volkswagen To Pay $1.2 Billion Fine In Germany For Emissions Scandal

VW has admitted installing software in 11 million diesel vehicles, which caused pollution controls to operate properly only when an engine's computer determined...

Donald Trump announces tariffs on US$50 billion of Chinese goods

The announcement was sure to spark countermeasures by Beijing, which yesterday vowed to strike back quickly if the USA hurts its interests, bringing the world's...

Somehow, Facebook both collects, and doesn’t collect, data from non-users

They all might have used Facebook user data in creating versions of Facebook. The companies had access to the data during a stretch of time in 2015 after ...

American Air Partner to Resume Flights Midday After 675 Canceled

American Airlines jets on the runway at Wilmington International Airport. The airline said the issue happened to a regional carrier - PSA Airlines - causing ...

Slain Kansas deputy identified

According to the station, the shooting took place around 11:15 a.m.in the area where police escort suspects into the courthouse. All three people were taken t...

Amazon head tax reversed

After the session to consider repealing the law was announced a day earlier, Seattle's Chamber of Commerce said it was a "breath of fresh air". They say ...

Theranos founder Elizabeth Holmes charged with fraud

She remains chair of the board. The prosecutors also allege that the pair defrauded doctors and patients by knowingly misleading them with false advertising and...

Trump OKs Plan to Impose Tariffs on Billions in Chinese Goods

Reuters said, citing an unnamed administration official, "Trump no longer thought of China's influence over North Korea as a compelling reason not to impose t...

SEC Official Claims Ether Is Not a Security

The United States Securities and Exchange Commission (SEC) have spoken out at the Yahoo Finance All Markets Summit, stating that Bitcoin and Ethereum can not ...

McDonald's to test alternatives to plastic straws in US

The move coincides with the UK's proposal to ban single-use plastic straws and similar products, the first country to propose such a widespread ban. McDonald'...

Kellogg's announce cereal recall due to potential presence of Salmonella

There have been no deaths reported so far. Of the 73 people sickened, 24 have been hospitalized. A "best if used by" date from June 14, 2018 through June ...

Trump on Board for $50 Billion in Additional Tariffs on Chinese Goods

It said the tariffs would be applied in two stges: an initial slimmed-down list of 818 product lines worth $34 billion, followed by a second list of products th...

Minimum Wage Doesn’t Cover Rent Anywhere In The U.S.

They would need to earn as much as an additional $8 an hour to rent in some of city's most in-demand neighborhoods, such as the Garden District or Uptown. Diane...

Russian Federation beat Saudi Arabia 5-0 in World Cup opener

After controversial Federation Internationale de Football Association votes gave the tournament to Russia and Qatar in 2018 and 2022 respectively, the governi...

Wins O'Hare Airport train contract

The Boring Company , the tunneling venture led by Elon Musk that seeks to build underground pathways that would house high-speed autonomous transit, landed a...

Daimler ordered to recall 774000 cars

German authorities have been cracking down on manufacturers since the Volkswagen Dieselgate scandal first besmirched the reputation of its domestically produc...

Tesla to Offer First ‘Full Self-Driving Features’ in August

Musk initially referred to these boosters as "small rocket thrusters " but, in a tweet elaborating upon earlier claims, he stated it would be a " composite o...

Price manipulation caused Bitcoin's huge 2017 surge, researchers say

A recently published paper by Professor John Griffin and graduate student Amin Shams examined the traffic of cryptocurrencies on the Bitfinex exchange and...

Tight demand prompts Apple to cut iPhone making

According to the schematics, it could introduce the bezel-less design with a notch on top. A new model that is expected to follow the design of the iPhone X b...

Fed Raises Interest Rates, Signals 2 More Hikes This Year

Officials penciled in a total of four rate increases for this year , up from a projection of three increases at their March meeting. They see another three...

Italy’s rejection of migrant ship ‘shameful’ - United Nations envoy

German Chancellor Angela Merkel has drawn criticism from her own conservative party for her open-door migrant policy, adopted in 2015, which also provoked a ris...

Dixons Carphone reveals data breach affecting 5.9 million customers

Millions of Dixons Carphone customers have had their financial and personal data illegally accessed after a major breach at the United Kingdom company. Dixons...

The surprising thing Uber will soon know about you

The technology also will take into account the location of the passenger, time of day and even the speed of his walk. A new patent application suggests Uber...

Fed Raises Rates and Signals Faster Pace in Coming Years

The Fed move came after a two-day meeting where its members discussed the robust state of the U.S. economy and the potential impact of a trade war amid rising t...

Trump declares on Twitter: The North Korea nuclear threat is over

Yu said that if the talks lead to a decreased nuclear threat from North Korea - the objective for US military officials being stationed in the region - then...

Trump's trade adviser apologises for comments on Trudeau

Kudlow suggested that Trump might have been deploying extra bravado to demonstrate strength before his meeting with North Korean dictator Kim Jong Un. U.S. Pr...

Lesbian Couple Says They Were Kicked From Uber Over a 'Peck'

A similar incident occurred in Houston last December, when a gay couple claimed an Uber driver dropped them off at the side of a freeway after they kissed i...

Oil prices drop as supplies increase

The Organization of the Petroleum Exporting Countries and some non-OPEC producers, led by Russian Federation, agreed to cut output in 2017 to reduce a supply ...

Toyota investing $1 billion in ride-hailing company Grab

Toyota has installed its data recorders in Grab-operated rental cars to collect driving data - a strategy similar to the one it has employed at Japan Taxi. The...

Singapore agreement will end cold war, South Korea’s president says

I feel really great, ' Trump told reporters as he sat down for a meeting with Kim devoid of policy officials and only their translators. Pompeo said the U.S...

Tesla is laying off about 3,600 workers

The email then shifts in tone and notes that the cuts will not impact the company's delayed production schedule for its latest vehicle model: "These cuts were n...

Amazon admits to labor violations at Echo speaker factory in China

Foxconn is a Taiwan-based electronics contract business, which is also known as Hon Hai Precision Industry . China Labour Watch goes on to describe how the wor...