Finance

Durable Goods Orders Rose 0.4% in August

MORE NEWS THIS CATEGORIES

Government shutdown: Air traffic controllers pleading for an agreement

According to Peter Duffey, president of the Canadian Air Traffic Control Association, one unit in Alberta even chose to send pizzas to a unit in El Paso, Texas,...

Newmont Mining to buy Goldcorp in huge gold merger

Shareholders of Newmont will own 65 per cent of the combined business, with Goldcorp shareholders owning 35 per cent. The company will aim to divest between U...

May urges MPs to back her Brexit deal ahead of crucial vote

Labour leader Jeremy Corbyn has tabled a vote of no confidence in the government. With leading Brexiteers and the DUP saying last night that they will back ...

Partial US government shutdown effects are being felt at airports

The rate of 7.6 percent unscheduled absences compared with 3.2 percent on Monday, Jan. 15, 2018, he said. "TSA has and will continue to maintain security stan...

China-U.S. Trade Gap Grew to Biggest Ever in 2018

China's exports rose 9.9 percent in 2018, its strongest trade performance in seven years, despite growing disruptions from an escalating trade war with the Un...

Government shutdown affecting local breweries

That's because workers inside the federal bureau of Alcohol Tobacco and Firearms have been furloughed. He owns Pearl Street Brewery in La Crosse, Wis., which is...

The Government Shutdown Is Affecting FDA Food Inspections-but Don't Panic

Scott Gottlieb sought to reassure stakeholders and consumers that the agency was operating to the best of its abilities. The almost 3-week-old shutdown has i...

This is Cadillac’s first fully electric auto

What we do know is that the auto will be based on GM's "BEV3" electric vehicle platform, which means flexibility for use in any type of vehicle, along with fron...

Zimbabwe economic crisis: Fuel price hike, national strike and a new currency

They came on the first day of a three-day general strike called by unions, amid an intensifying economic crisis. Riot police in trucks patrolled downtown Hara...

PG&E CEO Steps Down Amid Reports of Bankruptcy Preparations

It has access to about $1.5 billion in existing cash. The Chapter 11 filing, the second in the company's history, will allow PG&E to keep operating while it s...

SpaceX to lay off 10 per cent of workforce

SpaceX plans to lay off 10 per cent of its more than 6,000 employees, a source familiar with the decision said last Friday. "Either of these developments, eve...

United States oil inches down amid concerns of economic slowdown

E-Mini futures for the S&P 500 were last down almost 0.35 percent. USA crude CLc1 was at $51.65 per barrel, down $0.71 or 1.4%. The Shanghai Composite surged 0....

PC shipments drop again, just as things were starting to look up

As for the CPU shortage, supplies are expected to continue to be constrained in the first two quarters of 2019, but PC makers should see a rebound ahead of the ...

Costco is now selling a 27-pound bucket of macaroni and cheese

Calling all mac-and-cheese lovers! The cheese and pasta are packaged separately, so if you're hoping to open the lid and dig in, be aware that you'll have...

Alexandria Ocasio-Cortez HILARIOUSLY Claps Back At Joe Lieberman’s Controversial ‘Future’ Co

Cortez means well, but there's nearly an outstanding rule: Don't attack your own people", said Rep. Emanuel Cleaver (D-MO). Some Ways and Means Committee De...

AT&T, T-Mobile Will Stop Giving Your Location Data to Third Parties

The scandal has resulted in new promises from carriers. For more context, last year, AT&T , Verizon , T-Mobile, and Sprint sold data to LocationSmart...

Carlos Ghosn comes down with fever in jail, halting interrogation

The second charge against him alleges that the under-reporting continued for another three years. " Nissan filed the criminal complaint on the basis of Ghosn...

IPhone 11 Max rumored to have a triple-lens camera

Apple has not officially disclosed its plans to release three new models in 2019. After a combination of failing to price its latest iPhone lineup correctly t...

Google Sued Over Payouts to Ex-Execs Accused of Sexual Harassment

The lawsuit names 12 present and former directors of Alphabet , including Google founders Larry Page and Sergey Brin , and CEO Sundar Pichai among othe...

SpaceX to lay off 10 percent of workforce

However, there are more than 400 open positions in various fields at different SpaceX facilities, judging by the company's website . "We are grateful for eve...

MacKenzie Bezos Could Become World's Richest Woman Following Divorce From Jeff Bezos

Tweet by Jeff and Mackenzie Bezos announcing they will divorce, raising questions about their 16 percent stake in Amazon . "It's going to be a beauty". Per...

Ghosn indicted on 2 new charges of financial misconduct

But afterwards Ghosn's lawyer said it would be "very difficult" to win bail and it could be months before his case is heard. With each allegation against Ghos...

Ford plans to close plants and slash its workforce in Europe

Together, the plants employ more than 7,000 people. The German Economy Ministry is in talks with the automaker over its planned job cuts in Europe, a spokeswo...

United States says China has pledged to buy U.S. as tough issues remain

The results of the talks would be analysed at a separate meeting between United States trade representative Robert Lighthizer and Chinese Vice-Premier Liu He. T...

In China, Elon Musk Felt the Love That Was Missing at Home

The handshake ceremony with Li coincided with the China Passenger Car Association reporting the first annual slump in auto sales in more than two decades. The...

Amazon founder Jeff Bezos announces divorce after 25 years of marriage

Amazon founder Jeff Bezos has announced his divorce from wife MacKenzie - and Twitter wants to know if he will have to give her half his wealth. In 2013, ...

TSA union holds rally at Atlanta's airport

The Miami airport, which has intensified the debate over TSA with its concourse closure, is not yet considering privatizing its passenger-screening operation,...

Toyota recall 1.7 million more cars over risk of exploding airbags

Tesla has initiated its recall for the 2014-16 model-year Model S as part of the ongoing Takata airbag campaign . Drivers can also sign up to receive email...

Saudi Arabia to announce slight rise in oil, gas reserves after audit

The Kingdom plans to ship about 7.1 million barrels per day (bpd) in February, down from 7.2 million bpd in January. Opec and its allies decided last mont...

FDA food inspections stopped after government shutdown

Gottlieb tweeted they hope to resume some inspections after this week marked the first inspections the agency had to skip due to the shutdown. "FDA's profes...

Apple planning to release three new iPhones in 2019

The iPhone XS Max is the largest handset Apple has ever launched with a 6.5-inch screen. The Cupertino-based company is said to be bringing new camera feature...

Fiat Chrysler to pay $515 mn in U.S. 'dieselgate' settlements

The settlement also includes $72.5 million for state civil penalties and $20 million in payments to California and to offset excess emissions. The settlement ...

‘Deeply disappointed’: Unifor president Jerry Dias reacts after GM meeting

The options suggested by the union, including extending the life of the Chevy Impala and Cadillac XTS now produced at the plant or shifting production slated ...

Powell repeats pledge to remain 'patient' with rate hikes

Powell's second appearance in less than a week generated a subdued response in financial markets, a sign he may have found his footing in how to describe centra...

China trade talks conclude on optimistic note in Beijing

In a Tweet Tuesday morning, President Donald Trump said the talks were " going very well! ". It softened its stand by offering a mix of concessions by res...