Finance

S&P, Dow futures dip ahead of jobless claims report

MORE NEWS THIS CATEGORIES

MPs line up against threat of 'ludicrous' no-deal Brexit

Led by the main opposition Labour Party, a cross-party motion is calling for MPs to take control of the House of Commons on June 25 to introduce legislation t...

Iranian military seen removing mine from tanker in new vision, USA says

On the other hand, the Iranian mission to United Nations categorically rejected that "the USA unfounded claim " regarding Gulf of Oman tanker attacks. Iran...

Huawei's Hongmeng OS expected to be released in October

Whether it will be called Ark OS or Oak OS globally is still a mystery, but Huawei's Android alternative, dubbed HongMeng OS in China , is being develo...

Oil Prices Drop As Demand Concerns Weigh On Markets

The global benchmark fell as low as $60.21 earlier, its weakest since January. U.S. WTI settled +1.8% to $52.59/bbl and Brent futures finished +1.7% at $61....

Corn, Wheat Spike After U.S. Cuts Forecasts on Midwest Flooding

China's soybean imports fell 24% in May from the same month past year, customs data showed on Monday, as the ongoing Sino-U.S. trade war and deadly African sw...

Visa Goes Live With Blockchain-Powered Business Payments Service

The launch of the B2B Connect will cover over 30 global trade corridors, with the company planning to reach up to 90 markets by the end of this year. Velocity...

Uber tests drone food delivery, launches new autonomous SUV

WASHINGTON: Uber said it plans to speed up restaurant meal delivery by using drones for its Uber Eats service, in the latest effort by the ride-hailing gi...

Saudi Arabia, Russia work to prevent oil prices dip: minister

There is a risk that oil prices could drop to as low as $30 a barrel because OPEC and its Russia-led allies could produce more oil by the end of the year th...

Fiat Chrysler in talks with Aurora on autonomous vehicles

FCA brings deep expertise in the design, development and manufacturing of a wide range of commercial vehicles , as well as established relationships with a bro...

Ford recalls 1.3M vehicles for suspension, transmission woes

Affected vehicles were built at the Chicago Assembly Plant from May 17, 2010 to January 25, 2017. The Ford reference number for this recall is 19S17. "A fract...

Facebook launches new market research app after pulling similar app in January

Facebook Study is a new app from the company, announced in a post in its newsroom , that tracks every single thing you do on your phone , and then pays you ...

Renault warns Nissan it will block governance reshuffle

Bloomberg notes that, shortly after a proposed merger between Fiat Chrysler Automobiles and Renault fell through, French Finance Minister Bruno Le Maire sa...

Fake video of Facebook's CEO Mark Zuckerberg stays on Instagram

Zuckerberg for Speaker Pelosi, it would get the same treatment". A short clip posted on Instagram , a platform owned by Facebook, supposedly shows Zuckerberg...

Kroger to sell CBD products in Tennessee, other states

The products will supposedly be sold in stores in 17 states (including Wisconsin) and online. CBD sales will be limited to beauty and skin-care products becau...

Raytheon-United Technologies merger is all about cutting-edge tech and research

The new entity will be called Raytheon Technologies when the deal closes in the first half of 2020, after United Technologies completes the separation of it...

Dollar hovers near 11-week low on Fed rate cut bets

The Fed raised rates four times past year, with the last hike in December putting the federal funds rate in the 2 ¼ to 2 ½% range. The Dollar extended ear...

Salesforce to buy Tableau, bolstering analytics offering

Ultimately, Salesforce CEO Marc Benioff told analysts during a media briefing on Monday that by owning Tableau , Salesforce would be able to better court c...

Hudson’s Bay Co soars as chairman leads bid to take retailer private

The company said a special committee of independent directors will review the shareholders' privatization proposal and oversee a formal valuation. "If you don...

Elon Musk tells Tesla shareholders there is "decent shot" at record quarter

After a hard loss-making first quarter that had Musk explaining the logistical challenges faced by the EV maker during the initial stages of the expansion of i...

S. Korea, UK reach FTA 'in principle' for possible 'no deal' Brexit

South Korea's trade ministry has reached an "emergency bridge" trade agreement with the United Kingdom to maintain their deal even if "no-deal" Brexit becomes ...

Audi E-Tron Already Being Recalled For Major Issue

If an e-tron is not available, Audi will provide a vehicle with an internal-combustion engine and an $800 cash card for higher fuel costs and other expenses inc...

Uber Picks Melbourne As Test Site For Flying Taxi Service

Uber said increased air mobility would help ease traffic congestion in cities. "India presents challenges with respect to the way we are actually able to ope...

Build-a-Bear Workshop changes 'Pay Your Age' promotion

The teddy bear company on Tuesday unveiled the details on their website of how to take part in the " Count Your Candles Sweepstakes And Pay Your Age Limited ...

Amazon shuts down its restaurant delivery service in the US

To be sure, this is hardly a surprise. Amazon shut down the London branch of Restaurants late past year, which could have been a sign of its impending US demise...

Facebook’s Cryptocurrency Will Pay Interest to Users, Predicts Blockchain Regulator

This may seem like a starting in-house culture but one that may also get them to personally test out its efficiency in basic transactions. The pioneering projec...

Apple can make iPhone outside of China to avoid Trump tariffs

The company's board nominees and chief of semiconductor division, Young Liu has further stated that 25% of the production capacity is outside China presently ...

Trump flaunts 'secret' migration deal already revealed by Mexico

The deal at least makes it possible, though, for us to prevent Central American family units from automatically gaining entry into the country, and thus it sign...

Trump defends tariff threat against Mexico, calls it 'beautiful thing'

China has not confirmed any such meeting . Mr Trump said his administration is taking "35 percent to 40 percent" of Chinese goods coming into the US. "The h...

Woodford apologises for fund suspension in YouTube video

Hargreaves removed the main Woodford fund, and another that his firm oversees, from its Wealth 50 list of favorites. The Woodford Equity Income Fund is the co...

Oil gains as Opec and allies vow output cut extension

The dramatic decline in oil prices, caused by rising U.S. stockpiles, lukewarm demand growth as well as fears of a United States recession had raised the possib...

Trump teases additional deal that Mexican Foreign Secretary suggests doesn't exist

Part of the agreement requires approval by the Mexican Congress... What both sides do agree on is that Mexico will deploy thousands of national police to it...

Wipro's Azim Premji to retire on July 30, son to succeed

Observing that the company's belated success touched Azim Premji's social conscience, inspiring him to dedicate the major part of his personal wealth to philant...

Markets await clarification of details to the U.S. Mexican deal

Josh Hawley, R-Mo., said the way to stop the crisis at the southern border with Mexico is by expanding the Remain in Mexico Program and holding Mexico's "feet...

United Technologies-Raytheon Merger to Create Long-Term Value

The morning after manufacturers Raytheon and United Technologies announced a blockbuster merger that would create a giant in the aerospace and defense sectors, ...

Raytheon and United Technologies in merger talks: WSJ report

Apart from developing new and critical technologies, the companies want to make advancements in developing hypersonics and future missile systems and directed e...