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09/20/2019

Sensex Surges Over 1,950 Points After Corporate Tax Bonanza LIVE market updates (Sensex, Nifty today): The S&P BSE Sensex index soared as much as 1,955.46 points during the session to touch 38,048.93 - its high...
01:36, 09/20/2019

Corporate Tax Rate Cut From 35% To 25.2% To Spur Growth: 10 Points The centre today reduced corporate tax on domestic firms in a bid to boost the sluggish economy, hurt by slowing demand across sectors, especially man...
01:36, 09/20/2019

Government's Big Move On Corporate Tax: What It Means - 5 Points The centre's move today to reduce corporate tax on domestic companies had an immediate effect on the markets, with the S&P BSE Sensex surging over 1,9...
01:36, 09/20/2019

Rupee Surges By 65 Paise Against Dollar After Corporate Tax Cut The rupee gained by as much as 65 paise against the US dollar on Friday, after the government announced its decision to lower the corporate tax rate o...
01:36, 09/20/2019

Zuckerberg Meets With Trump, Faces Tough Questions from Senators With his company under a regulatory spotlight, Facebook’s Mark Zuckerberg scored a meeting at the White House Thursday—but faced a chillier reception ...
01:36, 09/20/2019

Los Angeles Dodgers Add Two Entrepreneurs to Ownership Team The Los Angeles Dodgers added Alan Smolinisky and Robert Plummer to the team’s ownership group, whose members include financial-management executive M...
01:36, 09/20/2019

PG&E Bondholders Ally With Wildfire Victims to Propose New Bankruptcy Exit Plan Court papers filed by a group of PG&E bondholders, including Elliott Management and by the official committee representing fire victims, asked for the...
01:36, 09/20/2019

Behind the GM-UAW Strike: Two Combatants With Something to Prove GM wants to show Wall Street it is more assertive than the company that collapsed into bankruptcy a decade ago. The union is confronting membership de...
01:36, 09/20/2019

Huawei Argues Ban on Doing Business With U.S. Government Is Unconstitutional Attorneys for China’s Huawei Technologies argued in federal court in Texas that a law barring it from doing business with the U.S. government is uncon...
01:36, 09/20/2019

Purdue Led Its Opioid Rivals in Pills More Prone to Abuse When taking into account the dosage strength of each pill, Purdue Pharma’s OxyContin represented a market-leading 27% of total oxycodone sold during a...
01:36, 09/20/2019

Corporate Tax Rate Cut From 30% To 25.2% To Spur Growth: 10 Points The centre today reduced corporate tax on domestic firms in a bid to boost the sluggish economy, hurt by slowing demand across sectors, especially man...
01:13, 09/20/2019

Sensex Jumps 1,950 Points, Nifty Tops 11,250 After Corporate Tax Cut Domestic stock markets registered sharp gains to nearly two-month highs on Friday after Finance Minister Nirmala Sitharaman announced a cut in corpora...
01:13, 09/20/2019

In Corporate Tax Rate Cut, A 1.4 Lakh Crore Boost To Promote Growth India cut tax on local businesses to one of the lowest rates in Asia, while providing a more than $20 billion boost to revive economic growth from a s...
01:13, 09/20/2019

How Experts See Corporate Tax Rate Cut - Early Reactions Finance Minister Nirmala Sitharaman told a news conference that the effective corporate tax rate will be lowered to around 25 per cent from 30 per cen...
01:13, 09/20/2019

Why Jim Cramer thinks it's time to sell some of your oil stocks "After a major supply shock failed to move the forward curve, we simply can't expect the oil companies to be aggressive long-term," Jim Cramer sa...
00:24, 09/20/2019

Everything Jim Cramer said on 'Mad Money,' including Costco downgrade, Expedia CEO, Chipotle, oil Jim Cramer explains why he disagrees with Bernstein's downgrade of Costco, why Chipotle's stock will win 2019 and what investors should do w...
00:24, 09/20/2019

Jim Cramer says Bernstein's downgrade on Costco creates a buying opportunity "Costco is a best-of-breed retailer that has repeatedly reinvented itself, and if they need to reinvent themselves again, that's exactly what the...
00:24, 09/20/2019

Sensex Surges Over 1,300 Points After Corporate Tax Bonanza The S&P BSE Sensex index rose as much as 152.57 points to 36,246.04 in early deals, and the broader NSE Nifty index climbed to 10,746.80, up 42.00 poi...
23:24, 09/19/2019

India Still A Good Investment Story, Says Asset Management Giant Aberdeen International money managers have sold $4.7 billion of the nation's shares since June, with quarterly outflows on course for the biggest since at leas...
23:24, 09/19/2019

Corporate Tax Rate Cut From 30% To 25.2% To Spur Growth Finance Minister Nirmala Sitharaman today said the government has decided to lower corporate tax rate on domestic companies and new manufacturing firm...
23:24, 09/19/2019

DealBook Briefing: The Debate Over Profits vs. Public Interest Continues Many C.E.O.s say they’ll focus on helping their communities. Others say they’re sticking with profits. It shows that Corporate America has more thinki...
18:48, 09/19/2019

Purdue Pharma Warns That Sackler Family May Walk From Opioid Deal The company said the cost of fighting lawsuits brought by states could jeopardize its owners’ ability to contribute $3 billion to a national opioids s...
18:48, 09/19/2019

Colt to Suspend Production of AR-15 Rifles for Consumers The gun manufacturer said the market had an adequate supply of sporting rifles and it would focus on its military and law enforcement contracts instea...
18:48, 09/19/2019

Bezos and Zuckerberg Take Their Pitches to Washington The Amazon and Facebook leaders were there for different reasons, but the appearances highlighted their companies’ need to reshape the public debate a...
18:48, 09/19/2019

HUD Secretary Ben Carson makes dismissive comments about transgender people, angering agency staff During his visit to San Francisco this week, the Housing and Urban Development Secretary also lamented that society no longer seemed to know the diffe...
16:24, 09/19/2019

The Repo Market’s a Mess. (What’s the Repo Market?) When plumbing works well, you don’t need to think about it. That’s usually the case with a vital but obscure part of the financial system known as the...
16:00, 09/19/2019

Privacy advocates worry that consumer license plate readers are creating a nosier neighborhood watch License plate scanners were once a law enforcement tool. Now, private citizens have access to this powerful surveillance technology through new starts...
16:00, 09/19/2019

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers about Libra, elections in rare D.C. trip Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital curre...
16:00, 09/19/2019

Navient memo raises questions about its student loan servicing practices Student advocates say the document shows the company intentionally steered borrowers into high-cost repayment options, but Navient says it shows exact...
16:00, 09/19/2019

Overstock’s former CEO sells off his $90M stake, saying he’s worried about ‘Deep State’ Patrick Byrne abruptly quit the company last month after saying he'd been involved in multiple FBI investigations and had romanced Maria Butina — a Ru...
16:00, 09/19/2019

Amazon CEO Jeff Bezos announces ‘Climate Pledge’ ahead of employee protests It would require companies to implement decarbonization strategies in line with the Paris agreement and calls on signatories to be at net zero carbon ...
16:00, 09/19/2019

An ex-lobbyist is Trump’s pick for labor secretary. Democrats found anti-gay op-eds he wrote in college. At his confirmation hearing, Eugene Scalia, son of the late Supreme Court justice, faced harsh questioning over his record defending corporations in l...
16:00, 09/19/2019

Saudi Arabia’s oil troubles don’t rattle the U.S. as they used to Costs could still climb in the coming weeks if Saudi Arabia doesn’t quickly restore its oil output after a drone attack that is stoking new tensions i...
16:00, 09/19/2019

UAW strike threatens Michigan economy, could push state into recession: Moody's, Lending Tree Moody's said the work stoppage, now in its fourth day, poses an "outsized economic threat" to Michigan as well as some local governments such as ...
15:36, 09/19/2019

Amazon is purchasing 100,000 Rivian electric vans, the largest order of EV delivery vehicles ever Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. It already runs 40% of its fleet on r...
15:36, 09/19/2019

American Airlines canceled more flights than any US carrier in July: 'It was a tough summer for us' American Airlines struggled with flight delays and cancellations this summer, hamstrung by the grounded Boeing 737 Max and mired in a bitter labor dis...
15:36, 09/19/2019

Billionaire Robert Smith says young people have to appreciate capitalism Billionaire Robert Smith said young Americans need a better understanding and appreciation of capitalism, as wealth and success come under attack on t...
15:36, 09/19/2019

Ex Ford CEO Fields says UAW corruption probe makes rank-and-file members skeptical of any deal Former Ford CEO Mark Fields said that the United Auto Workers corruption probe will make it harder for union leaders to get their rank-and-file member...
15:36, 09/19/2019

Jack Conte, Patreon, and the Plight of the Creative Class The DIY musician's membership platform set out to provide a livelihood for artists on the internet. Is it more than just a band-aid for a broken syste...
15:36, 09/19/2019

Factbox: Animal health sector aims to emulate Zoetis biotech leap A commercial breakthrough in the field of complex therapeutic proteins for dogs by sector leader Zoetis has roused rivals to action in a hunt for bio...
15:36, 09/19/2019

Biotech is going to the dogs - and big profits await For Jessica Lescault there is no question that her 6-year old English bulldog "Moose" deserves cutting-edge biotechnology cancer treatment as much as ...
15:36, 09/19/2019

Trian and P&G highlight activist-corporate collaboration after 'fog of war' Eighteen months after officially burying the hatchet in one of America's most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billion...
15:36, 09/19/2019

Mediaset strikes deal to fend off Vivendi's withdrawal risk Mediaset had reached an agreement with an investor to facilitate its plan to create a pan-European platform, the company said on Thursday, in a move ...
15:36, 09/19/2019

Shares edge up after Fed rate cut, oil prices gain A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher...
15:36, 09/19/2019

France's CNP and Brazil's Caixa seal $1.7 billion insurance deal France's CNP Assurances SA has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal [CEF.UL] to sell insurance in the ban...
15:36, 09/19/2019

Wall Street mixed as Microsoft climbs and Apple dips Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expecte...
15:36, 09/19/2019

House Democrats ask if Trump interfered in DOJ automaker antitrust probe Two U.S. Democratic lawmakers on Thursday asked the White House to turn over documents that would show if President Donald Trump interfered or directe...
15:36, 09/19/2019

Chinese officials to visit U.S. farmland as trade talks continue -U.S. agriculture chief A Chinese delegation will visit American farm regions with U.S. officials next week in an effort to build goodwill amid ongoing trade negotiations, U....
15:36, 09/19/2019

U.S. stock exchange competition to heat up in 2020 with new entrants At least three new U.S. stock exchanges are expected in 2020, executives from the companies said on Thursday, potentially lowering trading costs as th...
15:36, 09/19/2019

Home Sales Inch Up, Raising Hopes That Slump is Easing August was the strongest month for sales of U.S. homes in nearly a year and a half, sparking fresh hope that a protracted slump in the housing market ...
13:12, 09/19/2019

Nelson Peltz explains Trian's 'big mistake' on GE and why he's sticking by the stock Trian Partners co-founder and CEO Nelson Peltz explained to CNBC on Thursday the backstory to his firm's position in struggling General Electric....
13:12, 09/19/2019

Fentanyl Drug Finds New Home in First Opioid Crisis Bankruptcy Deal Insys Therapeutics won bankruptcy-court approval to sell Subsys, the opioid that spawned criminal racketeering charges against its top executives and ...
12:24, 09/19/2019

Yes, You Can Sleep on the Job. Just Please Use the Nap Room. Some companies in Japan are creating spaces to snooze officially, but workers say the premeditated nature of using them smacks of sloth—unlike dozing ...
12:24, 09/19/2019

Surging Ethane Demand to Trigger Big Gas-Carrier Orders Ship owners are likely to order up to 40 large ethane carriers over the next 12 months as demand for the gas widely used in the petrochemical industry...
12:24, 09/19/2019

Huawei Launches First Smartphone Without Google's Key Apps Huawei Technologies unveiled its first smartphone devoid of Google’s most popular apps, a byproduct of the U.S.-China trade dispute that could complic...
12:24, 09/19/2019

Olive Garden Boosts Darden Restaurants Results Darden Restaurants said sales rose in its latest quarter as stronger results from its flagship Olive Garden and LongHorn Steakhouse brands offset decl...
12:24, 09/19/2019

Bank of Japan Hints at Possible Action in October The Bank of Japan left policy unchanged but hinted at possible action at its next meeting, saying it believes momentum toward achieving its inflation ...
12:24, 09/19/2019

Fed Cuts Rates by Quarter Point but Faces Growing Split The Fed voted to cut interest rates by a quarter-percentage point for the second time in as many months to cushion the economy against a global slowdo...
12:24, 09/19/2019

Fed Chairman Powell Masters the Art of Saying Nothing By refusing to elaborate on what the Fed will do next, Chairman Jerome Powell leaves less room for misinterpretation and forces the market to think fo...
12:24, 09/19/2019

China Detains Former U.S. Air Force Pilot Flying for FedEx Chinese authorities have detained a FedEx Corp. pilot in the southern city of Guangzhou, elevating pressure on the express shipping company, which is ...
12:24, 09/19/2019

Amazon to Add 100,000 Electric Vehicles as Part of Climate Pledge Amazon.com plans to buy 100,000 electric delivery trucks as it seeks to reduce its carbon emissions in the face of criticism of its environmental impa...
12:24, 09/19/2019

Zuckerberg Spars With Senators at Private D.C. Dinner Facebook CEO Mark Zuckerberg kicked off a lobbying trip to the capital by sparring with senators at a private dinner over a range of online woes inclu...
12:24, 09/19/2019

High-Dose Opioid Pills Helped Fuel Purdue's Growth When taking into account the dosage strength of each pill, Purdue Pharma’s OxyContin represented a market-leading 27% of total oxycodone sold during a...
12:24, 09/19/2019

|Themarketispresentingrareopportunitiesforthosewhocanridethestorm-PSG Given the uncertainty investors are currently facing, it's useful to take a step back and re-evaluate the rare opportunity current conditions are pres...
11:48, 09/19/2019

|HuaweidanglesnearlyR22bninhuntforglobaldevelopers Huawei is offering nearly R22bn to partners willing to build software for its future chip and computing platforms, courting developers worldwide at a ...
11:48, 09/19/2019

|Footgeargetsgo-aheadtobuyEdgarsActive The Competition Tribunal has approved a merger which will see Edcon selling the Edgars Active and High Key chain stores to Footgear, in which Old Mutu...
11:48, 09/19/2019

|10-year-oldwirecartelcasesettled,millionsinpenalties After a full decade and several legal challenges – including in the Supreme Court of Appeal – the Competition Tribunal this week approved settlement a...
11:48, 09/19/2019

|ChristoWiese'splanforVirginActiveowner:Getridofbosses,assets South African businessman Christo Wiese is part of a shareholder group proposing investment company Brait SE raise R3 billion in a share sale and dis...
11:48, 09/19/2019

|AsEskomasksInterpolforhelp,leaksshedlightonhowGupta-linkedfirmmayhavemovedmillions The Organized Crime and Corruption Reporting Project, a non-profit investigative journalism platform, says leaks show that money earned by Trillian wa...
11:48, 09/19/2019

|TECHNICALANALYSIS:Wooliesstockbreaksoutaboveimportantresistancelevels Woolworths has been the leading retail stock in recent months on the JSE, and it’s now gone on to break out above important resistance levels. This is...
11:48, 09/19/2019

|Cabinet:'Fruitful'talksonMboweni'sgrowthplan Minister in the Presidency Jackson Mthembu says Cabinet is considering Treasury's economic policy paper, now that the deadline of public submissions h...
11:48, 09/19/2019

|SPECIALREPORT:DowntheGuptas'financialrabbithole The controversial Gupta family is known for making millions from the South African government - including $41m from Eskom, the state energy company. H...
11:48, 09/19/2019

Electric vehicle startup Rivian gets a jolt from big Amazon.com van order Electric vehicle startup Rivian Automotive LLC got a big boost from one of its investors on Thursday when Amazon.com announced it was ordering 100,000...
10:48, 09/19/2019

Huawei talks up own apps with Mate 30 challenge to Apple, Samsung Huawei [HWT.UL] unveiled its new smartphones to challenge Apple's iPhone 11 on Thursday, talking up slick design and best-in-class features while pla...
10:48, 09/19/2019

Embattled Facebook CEO Zuckerberg seeks to mend fences in Washington Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday as part of an effort by the social media giant to ...
10:48, 09/19/2019

Tech investors: No broad lessons seen in WeWork valuation drama Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. o...
10:48, 09/19/2019

Microsoft, health shares boost Wall Street; S&P 500 eyes record high Gains in Microsoft and healthcare shares boosted Wall Street's main indexes on Thursday, a day after the Federal Reserve cut interest rates as expecte...
10:48, 09/19/2019

Saudi attacks rattle shippers' plan to switch fuels Refinery outages in Saudi Arabia following weekend attacks on its oil facilities could deal a blow to the shipping industry's preparations for the big...
10:48, 09/19/2019

BMW CFO wants to cut 5,000-6,000 jobs by 2022: Manager Magazin BMW's finance chief Nicolas Peter wants to cut between 5,000 and 6,000 jobs by 2022, mostly at the carmaker's Munich headquarters, a German magazine ...
10:24, 09/19/2019

Ryanair's O'Leary wins bonus approval as pilots face axe Ryanair's Chief Executive Michael O'Leary narrowly secured approval from shareholders on Thursday for a bonus scheme that could earn him 100 million ...
10:24, 09/19/2019

Banker tells German fraud trial he made millions from 'astronomical' trades A British investment banker at the center of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "a...
10:24, 09/19/2019

Huawei hails own apps in Mate 30 challenge to iPhone 11 Huawei directly challenged Apple's new iPhone 11 with its new Mate 30 smartphone range on Thursday, highlighting its own apps brand while sidesteppin...
10:24, 09/19/2019

France urges Germany to act on economy sooner rather later Germany should act sooner rather than later to revive its flagging economy, France's finance minister said on Thursday, as he struggled to hide frustr...
10:24, 09/19/2019

SEC's Clayton worries about private markets, negative rates U.S. Securities and Exchange Commission chair Jay Clayton said on Thursday he was concerned about the growth of private markets and negative interest ...
10:24, 09/19/2019

Tech shares lead Wall Street higher; S&P 500 nears record high A Microsoft-led rally in technology shares pushed U.S. stock indexes higher on Thursday, a day after the Federal Reserve cut interest rates as expecte...
10:24, 09/19/2019

'Show me the money'; dollar-hungry businesses squeezed in Lebanon Cars line up to fill their tanks but the worker at the gas station in Lebanon's capital city waves them off, standing by the 'Strike!' signs. "No fuel...
10:24, 09/19/2019

Activist investor Peltz says GE CEO Culp is doing a good job Lawrence Culp has held the top job at General Electric for nearly one year and on Thursday one of the industrial conglomerate's biggest shareholders,...
10:24, 09/19/2019

Airbnb plans stock market splash in 2020 In a short statement posted on its website on Thursday, Airbnb did not give any details on how it plans to list its shares, although it is widely expe...
10:24, 09/19/2019

Facebook CEO Zuckerberg, under fire, seeks to mend fences in Washington Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday as part of an effort by the social media giant to ...
10:24, 09/19/2019

Real crunch from Saudi Arabia's oil outage has yet to be felt Saudi Arabia's ability to avert a global oil supply crunch will only become clear in a few weeks, because for now its crude held in storage can fill t...
10:24, 09/19/2019

Military strike against Iran would result in 'all-out war': Zarif Any U.S. or Saudi military strike against Iran would bring "all-out war", Tehran said on Thursday, keeping up a drumbeat of warnings to its adversarie...
10:24, 09/19/2019

Exclusive: France's CNP and Brazil's Caixa close to reaching $1.7 billion insurance deal - sources France's CNP Assurances SA is close to reaching a deal worth 7 billion reais ($1.7 billion) with Brazil's state-owned lender Caixa Economica Federal ...
10:24, 09/19/2019

Upbeat data suggest U.S. economy still on moderate growth path The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditio...
10:24, 09/19/2019

Shares rise after Fed cut, oil prices jump A gauge of global equity performance rose Thursday within 1% of a record high a day after the Federal Reserve cut interest rates but crude prices jump...
10:24, 09/19/2019

Light Street's Glen Kacher says there's profitability in sight for Uber and Lyft Newly public ride-sharing companies Uber and Lyft have tumbled 25% since their initial public offerings, but Light Street's Glen Kacher still bel...
08:37, 09/19/2019

Nifty Closes At Lowest Level In Seven Months: Highlights Stock Market LIVE (Sensex, Nifty today): The S&P BSE Sensex index fell as much as 576.08 points to touch 35,987.80 in afternoon, its lowest intraday l...
08:36, 09/19/2019

US Central Bank Cuts Interest Rates, Signals Holding Pattern For Now Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and re...
08:36, 09/19/2019

Petrol, Diesel Prices Hiked For Third Straight Day. Check Rates Here Petrol, diesel prices today: Oil marketing companies such as state-run Indian Oil Corporation currently review the fuel prices on a daily basis, and a...
08:36, 09/19/2019

No Rise In Mukesh Ambani's Stake In Company, Says Reliance Industries The clarification comes as reports suggested that Mukesh Ambani increased his stake in RIL after Reliance Services and Holdings, an Ambani firm, acqui...
08:36, 09/19/2019

SBI Now Pays These Interest Rates On Fixed Deposits Up To Rs 2 Crore State Bank of India (SBI) interest rates: The country's largest bank currently pays interest at the rates of 4.50-6.50 per cent on fixed deposits up t...
08:36, 09/19/2019

How To Transfer PF Balance With Previous Employer To New Employer Employees' Provident Fund Organization or EPFO, the nodal agency that monitors Employees' Provident Fund contributions, allows the subscriber - or emp...
08:36, 09/19/2019

Government Approves 8.65% Interest Rate On Provident Fund For 2018-19 The government has approved 8.65 per cent interest rate on employees' provident fund (EPF) for 2018-19, reported news agency Press Trust of India (PTI...
08:36, 09/19/2019

Rupee Moves Lower To 71.34 Against Dollar: 5 Things To Know The rupee settled 10 paise lower against the dollar on Thursday. The local currency opened on a strong note at 71.36 and shuttled between a high of 71...
08:36, 09/19/2019

No Stressed MSMEs To Be Declared Bad Loan: Finance Minister At a press conference after meeting PSU bank heads, Finance Minister Nirmala Sitharaman said there already exists a circular from the Reserve Bank tha...
08:36, 09/19/2019

Toys R Us partners with Candytopia to woo shoppers back with new experiences The Candytopia and Toys R Us partnership will open in late October in Chicago and Atlanta. The exhibits will stay open through the 2019 holidays, befo...
06:36, 09/19/2019

Will electric cars be able to save Volkswagen from its diesel emissions scandal? Reeling from the worst scandal in its long history, Volkswagen is making a bold, multi-billion dollar bet on electric vehicles. The move looks both li...
06:36, 09/19/2019

Gas Prices Could Rise Up to 25 Cents a Gallon After the Saudi Oil Facility Attacks. Here’s What to Expect The attacks that crippled two major Saudi oil facilities over the weekend are already beginning to drive up gas prices for American drivers half a wor...
05:48, 09/19/2019

‘Workers Are Tired and Frustrated and Angry.’ Uneven Economic Growth Fuels Walkouts Like the GM Strike The labor movement has long been struggling in the U.S., as fewer workers join unions and as high-profile organizing drives, like a June attempt to un...
05:48, 09/19/2019

Trump Says Cutting Regulations Is Good for Business. But His New Battle on Car Emission Standards Could Hurt the Auto Industry President Donald Trump says his latest move to roll back California’s state-level car regulations is going to make cars cheaper and help automak...
05:48, 09/19/2019

Why the ECB Is Stuffing Free Money Into Bank Pockets Again The European Central Bank is throwing every tool it has at the sluggish euro zone economy. Starting on Sept. 19, it resumed a generous funding offer t...
05:48, 09/19/2019

Why It’s Another Bad Year for Indonesia Forest Fires An annual nuisance, stinging smoke from massive wildfires is blanketing parts of Indonesia, Malaysia and Singapore this year on a greater than usual s...
05:48, 09/19/2019

How Brazil Could Tame Taxes Without Cutting Them Brazil is known for its complex business environment, and its byzantine tax system is a big reason why. According to the World Bank’s Doing Business r...
05:48, 09/19/2019

Lawyer who built Humana into a health insurance giant dies at 88 Jones turned a $1,000 investment into America’s largest nursing-home chain, then made it a hospital giant and finally a $37 billion health insurance c...
05:48, 09/19/2019

More states are trying to protect black employees who want to wear natural hairstyles at work It's still legal in most states to ban natural hair styles like braids or dreadlocks. But several state legislators — and a coalition of civil rights ...
05:48, 09/19/2019

Warren Probes Apollo and KKR on Backing For-Profit Colleges Elizabeth Warren is demanding answers from private-equity firms about their investments in for-profit colleges, the latest push by a high-profile Wash...
05:24, 09/19/2019

Snapchat Must Hit More Angles with Advertisers A recent RBC survey showed that while future advertising spending intentions on Snapchat have improved, Snapchat spending remained the weakest of all ...
05:24, 09/19/2019

Everything Jim Cramer said on 'Mad Money,' including Fed rate cut, Agco CEO on tariffs, and FedEx Jim Cramer reveals a bright spot in Wall Street's reaction to the Fed's move to cut interest rates and chats with CEOs of Cronos, Agco and T...
01:36, 09/19/2019

Renewable energy is costing less than fossil fuels, says Michael Milken The world is moving away from carbon-based energy not just for the environment, but also because it makes sense economically, said Michael Milken, cha...
01:36, 09/19/2019

U.S. travel industry urges Washington to reauthorize tourism body Brand USA Some 15 executives from companies associated with the tourism industry, such as American Express and Marriott , have urged the U.S. government to ren...
23:24, 09/18/2019

U.S., Chinese trade deputies face off in Washington amid deep differences U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly two months as the world's two...
23:24, 09/18/2019

Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well - sources Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it...
23:24, 09/18/2019

Pennsylvania joins states opposed to merger of T-Mobile, Sprint Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at stopping T-Mobile US's $26 billion purchase of Sprint, New York At...
22:13, 09/18/2019

Asian shares turn lower on guarded Fed, yen rises after BOJ Asian shares turned lower on Thursday after the U.S. Federal Reserve cut interest rates as expected but signaled a higher bar to further policy easing...
22:13, 09/18/2019

Tesla's Model 3 earns insurance industry's top safety rating Tesla Inc's Model 3 electric sedan has earned the top safety rating from the Insurance Institute of Highway Safety (IIHS), becoming the first Tesla t...
22:13, 09/18/2019

Toyota to expand plant in Brazil's Sao Paulo state, joining Volkswagen, GM Toyota Motor Corp on Thursday announced a 1 billion reais ($243.29 million) expansion at a plant in the Brazilian state of Sao Paulo, joining Volkswa...
22:13, 09/18/2019

UK falls behind G7 rivals on work automation planning The UK is falling behind its G7 rivals when it comes to preparing for mass automation of the workplace and the so-called Fourth Industrial Revolution,...
21:12, 09/18/2019

Boost for UK car industry as 4x4 maker to create hundreds of jobs The UK's Brexit-hit car industry is to set for a major boost, with hundreds of jobs to be created to build a new 4x4 in a town due to be abandoned by ...
21:12, 09/18/2019

BT urges switch-off date for copper broadband service BT Group and its broadband infrastructure rivals are in secret talks with the government about a timetable for switching off copper broadband services...
21:12, 09/18/2019

Eyes in the Sky Help Farmers on the Ground Aerial imaging companies using high-resolution cameras and artificial intelligence data analysis are giving the agricultural community a high-tech boo...
19:48, 09/18/2019

Lee Salem, Champion of Quirky Cartoonists, Is Dead at 73 He nurtured an empire of influential comic strips, including “Cathy,” “Doonesbury,” “Calvin and Hobbes,” “The Boondocks” and “For Better or for Worse....
19:48, 09/18/2019

How Do You Fix … All of It? A group of leaders in business, politics and academia gathered to try to solve problems from student debt to carbon emissions. Here are their recommen...
19:48, 09/18/2019

Consumer Bureau’s Complaints Database Is ‘Here to Stay,’ Director Says Consumer advocates and industry groups had a rare moment of alignment over the future of the publicly available record of complaints brought to the Co...
19:48, 09/18/2019

Fed Cuts Interest Rates by Another Quarter Point The Federal Reserve cut rates for the second time since July as risks to the economic outlook mounted. Its policy continued to anger President Trump....
19:48, 09/18/2019

Tesla takes on Porsche with battle on Germany's toughest circuit Tesla wants to steal Porsche's bragging rights by testing its Model S on the northern loop of Germany's Nuerburgring circuit, using a marketing tool ...
18:36, 09/18/2019

Stocks reverse losses, Treasury yields dip following remarks by Fed's Powell The S&P 500 and the Dow reversed losses to close higher on Wednesday and U.S. Treasury yields slipped after remarks by Federal Reserve Chair Jerome Po...
18:36, 09/18/2019

Fed cuts rates again, gives mixed signals for next move The U.S. Federal Reserve cut interest rates by a quarter of a percentage point for the second time this year on Wednesday in a widely expected move me...
18:36, 09/18/2019

S&P 500 ends slightly higher after Fed gives mixed signals The S&P 500 ended marginally higher on Wednesday after Federal Reserve policymakers cut interest rates by a quarter of a percentage point, as expected...
18:36, 09/18/2019

Powell to Trump: Now it's your turn Tucked into Fed Chair Jerome Powell's news conference on Wednesday was a not-so-subtle message for President Donald Trump: the economy is holding up b...
18:36, 09/18/2019

Parts shortage leads GM to lay off 1,200 temporarily in Canada The strike against General Motors Co's U.S. operations has led to a parts shortage, the automaker said on Wednesday, and as a result it announced the...
18:36, 09/18/2019

Huawei promises smartest 5G phone, but who will be brave enough to buy? Huawei [HWT.UL] launches what could be the world's most powerful and feature-packed 5G smartphone on Thursday, but the fate of the device in Europe wi...
18:36, 09/18/2019

AT&T, Dish not in talks over DirecTV deal: source AT&T Inc and Dish Network Corp are not in discussions over a deal due to regulatory issues, a source familiar with the matter said on Wednesday, aft...
18:36, 09/18/2019

Trump says the Fed should have acted faster but today’s action is fine President Donald Trump said the Federal Reserve's decision on Wednesday to lower interest rates was "fine" but the central bank should have acted soon...
18:36, 09/18/2019

Fed pumps more cash as key rate breaks above target The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volat...
18:36, 09/18/2019

Fed makes small changes to control policy rate, hints at more to come The Federal Reserve on Wednesday made only minor changes to help it better manage its benchmark interest rate after the U.S. central bank briefly lost...
18:36, 09/18/2019

Fed cuts interest rates, signals holding pattern for now The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further r...
18:36, 09/18/2019

Airbnb says second-quarter revenue topped $1 billion Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in its decade-plus history, ...
18:36, 09/18/2019

Asian shares edge higher after Fed, investors await BOJ Asian shares edged higher on Thursday, tracking some modest Wall Street gains after the U.S. Federal Reserve cut interest rates as expected but offere...
18:36, 09/18/2019

U.S. bankers seize on repo-market stress to push for softer liquidity rules Big U.S. banks are using the recent chaos in short-term funding markets as an opportunity to pressure the Federal Reserve to ease liquidity requiremen...
18:36, 09/18/2019

Purdue Pharma seeks to halt opioid suits against company, Sacklers OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the comp...
18:36, 09/18/2019

FAA chief says he won't certify the Boeing 737 Max until he flies the plane himself The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle, Washington. While there, he's scheduled ...
15:48, 09/18/2019

Amid terrorism talk, bail denied in aircraft sabotage case A federal judge cited new evidence of potential terrorism sympathies Wednesday in denying bail for a longtime mechanic charged with sabotaging an Amer...
15:48, 09/18/2019

Banks rallied on a Fed cut, and that's a 'very positive' sign, Jim Cramer says Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted ...
15:48, 09/18/2019

Insys Bankruptcy Plan Comes Up Short in Paying Justice Department Insys Therapeutics, the first drugmaker to be driven to bankruptcy as a result of litigation over the nation’s opioid crisis, has outlined its plan to...
15:24, 09/18/2019

McDermott Enlists Turnaround Adviser After Guidance Cut McDermott International has engaged turnaround consulting firm AlixPartners to advise on efforts to improve cash flow and stem a recent spate of net l...
15:24, 09/18/2019

GM Workers---Some With No Strike Experience---Gird for Longer Walkout The first strike called by the United Auto Workers against General Motors Co. in more than a decade lasted a third day, and many on the picket line We...
15:24, 09/18/2019

Comcast Cuts Price of Its Streaming Hardware From $5 a Month to $0 Comcast is making its streaming device available free of charge to its internet-only customers, in an effort to capitalize on its expanding broadband ...
15:24, 09/18/2019

AT&T Exploring Split With DirecTV AT&T is exploring parting with its DirecTV satellite unit, people familiar with the matter said, a move that would mark a mark a sharp course correcti...
15:24, 09/18/2019

Why Trump Attacks California’s Anti-Pollution Powers When U.S. President Richard Nixon signed the Clean Air Act in 1970, he recognized a simple truth about his home state of California: Tens of millions ...
15:24, 09/18/2019

Why Tensions Between the U.S. and Iran Fuel Fears of War Though the U.S. and Iran have lived in a state of hostility for decades, rarely have relations been as tense as in recent months. The U.S. is trying t...
15:24, 09/18/2019

Facebook CEO Mark Zuckerberg pays rare D.C. visit to meet with lawmakers Facebook chief executive Mark Zuckerberg is paying a rare visit to Washington this week, meeting with members of Congress to discuss the "future of In...
15:24, 09/18/2019

Purdue Pharma’s bankruptcy plan includes special protection for the Sackler family fortune Purdue has said it will ask the bankruptcy judge to take the unusual step of halting more than two dozen lawsuits by state attorneys general against t...
15:24, 09/18/2019

Federal Reserve makes small interest rate cut. Trump slams central bank for having ‘no guts.’ The U.S. benchmark interest rate is now just shy of 2 percent, down from about 2.25 percent. The move was widely expected and falls well short of Trum...
15:24, 09/18/2019

Trump HUD appointee’s Twitter ‘likes’ violated federal law. She will not be punished. The special counsel’s office concluded that while Patton violated the law by “unwittingly displaying a campaign hat in her office and ‘liking’ partisa...
15:24, 09/18/2019

Military spent $184,000 at Trump’s Scotland resort, according to documents released by Democrats The House Oversight Committee is investigating whether Trump has violated a constitutional provision that prevents presidents enriching themselves thr...
15:24, 09/18/2019

GM drops workers’ health care during strike, a sign impasse could drag on The United Auto Workers, which represents the roughly 49,000 workers who have walked out, released an internal letter that said it had been given noti...
15:24, 09/18/2019

Pentagon has warned of dire outcomes if projects canceled for border wall don’t happen U.S. service members have worked in unsafe and hazardous conditions at defunded buildings for years, according to military budget requests sent to Con...
15:24, 09/18/2019

$11.4M Boeing contract calls for SLAM-ER missile development for Saudi Arabia Boeing Co. received an $11.4 million contract for work on the Stand-Off Land Attack Missile for Saudi Arabia, the U.S. Navy announced, more than a yea...
14:24, 09/18/2019

U.S. Transportation Command holds 28-ship sealift readiness exercise The U.S. Transportation Command began an activation of its Ready Reserve Force to test its ability to quickly deploy cargo ships used in troop movemen...
14:24, 09/18/2019

Senate committee approves secretary nominees for Air Force, Navy The Senate Armed Services Committee approved President Donald Trump's nominees for Air Force and Army secretary, sending nominees Barbara Barrett and ...
14:24, 09/18/2019

White House Is Revoking California Waiver on Auto Emissions President Trump said the administration is revoking California’s authority to set its own tailpipe-emissions standards, escalating a fight that has ch...
14:00, 09/18/2019

Fed Sees Three Dissents at Meeting for First Time Since 2016 Three Federal Reserve officials voted against the central bank’s decision to cut interest rates by a quarter percentage point, the largest number of f...
14:00, 09/18/2019

Here's what every major Wall Street economist thinks the Federal Reserve will do today Wall Street economists think the Fed will cut rates by 25 basis points at its September meeting but have differing views about what will happen in the...
13:12, 09/18/2019

Chip stocks brush off trade war and rally to near record highs as investors bet on 5G Semiconductor companies, especially those that sell heavily to China, have faced major headwinds this year. But investors are betting on a big payoff ...
13:12, 09/18/2019

Federal prosecutors, regulators broaden market manipulation probe beyond precious metals trades Federal prosecutors and commodity regulators have broadened their investigation into spoofing activity after receiving information from traders questi...
13:12, 09/18/2019

Powell says a 'sequence' of rate cuts could be needed if economy turns, but doesn't see that now Jerome Powell pledged that the central bank would engage in a "sequence" of interest rate cuts if conditions warrant, but he doesn't see that as ...
13:12, 09/18/2019

A Warren Buffett protege is leaving to start her own Berkshire Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett's business model, the Wall Street Journal r...
13:12, 09/18/2019

Streaming War Spurs Classic-TV Arms Race Entertainment heavyweights have spent over $2 billion on classic television shows in recent weeks, in an effort to win over streaming customers who so...
12:24, 09/18/2019

Trump: Administration Revoking California Emissions Waiver President Trump said the administration is revoking California’s federal waiver for setting its own tailpipe-emissions rules, escalating a fight that ...
12:24, 09/18/2019

Creditor Group Dismayed by Cash Burn Wants 'Old Sears' to Liquidate A group of Sears Holdings Corp.’s creditors say the remaining part of the retailer’s estate left behind in bankruptcy is so low on cash that it should...
12:24, 09/18/2019

Google, Facebook Cozy Up to Publishers as Regulators Circle Tech giants are making concessions long sought by news publishers whose business has been hurt by the platforms’ dominance, moves some see as an effor...
12:24, 09/18/2019

Among Today's Most Prized Leadership Qualities: Playing Nicely Getting along well with your peers counts for a lot when you vie for the same plum promotion. Your management career may benefit even if you lose the ...
12:24, 09/18/2019

U.S. Housing Starts Rose Significantly in August Home building in the U.S. increased in August to the highest level since June 2007, a positive note for the housing industry in a year marked by laggi...
12:24, 09/18/2019

Fed Intervenes to Curb Soaring Short-Term Borrowing Costs For the first time in more than a decade, the Federal Reserve injected cash into money markets Tuesday to pull down interest rates and said it would d...
12:24, 09/18/2019

Mortgage Rates Decline Ahead of Fed Meeting Consumers’ borrowing costs have drifted lower since the Federal Reserve cut interest rates in July, fueling a wave of mortgage refinancing and helping...
12:24, 09/18/2019

Fed Cuts Rates By Quarter Point, But Faces Growing Split The Federal Reserve cut its short-term benchmark rate by a quarter point to cushion the U.S. economy against global economic headwinds. Officials left...
12:24, 09/18/2019

Missing Paychecks Leave Small Firms Scrambling The FBI is investigating a payroll processor after about $30 million destined for paychecks and related tax payments went missing this month. Roughly ...
12:24, 09/18/2019

'This Is Not the Way Everybody Behaves.' How Adam Neumann's Over-the-Top Style Built WeWork. His entrepreneurial vision and risk-taking, plus tequila and marijuana, helped fuel We Co.’s breakneck growth. Those qualities are piling up as potent...
12:24, 09/18/2019

Facebook Jumps on the Streaming Bandwagon With New Portal Device Facebook is getting into the streaming game, launching a new set-top version of its Portal device that adds to the company’s bet that the future of sm...
12:24, 09/18/2019

Huawei Suspended From International Cybersecurity Forum After U.S. Ban Huawei Technologies has been suspended from membership in a global trade group of companies, governments and experts set up to tackle computer securit...
12:24, 09/18/2019

Buy American Eagle because of an 'ongoing resurgence in the denim cycle,' analyst says D.A. Davidson initiated coverage of American Eagle with a buy rating and a $21 price target, saying the retailer is the "denim destination" in an up-t...
12:24, 09/18/2019

There's at least one movie that fans and celebrities don't want remade: 'The Princess Bride' Fans of "The Princess Bride" are screaming "Inconceivable!" after Sony Pictures' CEO said "very famous people" want to remake the beloved 1987 fi...
12:24, 09/18/2019

A Casper executive's sleep issues leads billion-dollar bed start-up into CBD gummies market Bed-in-a-box start-up Casper has reached a $1 billion valuation by shaking up the online sales of the mattress industry. But its push into sleep healt...
12:24, 09/18/2019

Why Germany May Need to Fight Recession With Spending Germany is the economic engine of Europe -- and it’s running on fumes. After a decade of near-constant expansion, the economy is flirting with recessi...
11:37, 09/18/2019

Your TV is spying on everything you watch TV makers use Automatic Content Recognition (ACR) to detect what viewers are watching at home. This information is sent to marketers, who use it to ta...
11:37, 09/18/2019

Facebook, Google and Twitter face fresh heat from Congress on harmful online content The continued struggles of Facebook, Google and Twitter to stop the spread of hate speech, disinformation and other harmful content online has sparked...
11:37, 09/18/2019

GM drops workers’ health care during strike, a sign UAW impasse could drag on "While on strike, some benefits shift to being funded by the union’s strike fund, and in this case hourly employees are eligible for union-paid COBRA ...
11:37, 09/18/2019

Federal Reserve makes modest interest rate cut, prompting immediate Trump rebuke The U.S. benchmark interest rate is now just shy of 2 percent, down from about 2.25 percent. The move was widely expected and falls well short of Trum...
11:37, 09/18/2019

Trump wants a ‘big’ cut from the Federal Reserve. Instead, get ready for a small one. Federal Reserve Chairman Jerome Powell risks triggering a sea of red in the markets if he does not at least leave the door open to the possibility of ...
11:37, 09/18/2019

Navy awards contracts for work on Stethem, Decatur, Stockdale guided-missile destroyers The U.S. Navy awarded contracts to BAE Systems and General Dynamics for dry-dock maintenance, modernization and repairs on the Arleigh Burke-class gui...
09:36, 09/18/2019

Sensex Ends 83 Points Higher As Markets Break Two-Day Losing Streak Stock market updates: Both benchmark indices gave up most of those gains by the end of the session, as gains in metal, energy and state-run banking sh...
09:36, 09/18/2019

Petrol, Diesel Prices Hiked For Second Straight Day. Check Latest Rates Petrol, diesel price today: Currently, domestic prices of petrol and diesel are reviewed by oil marketing companies such as Indian Oil on a daily basi...
09:36, 09/18/2019

Reliance Jio To Be Among Top 100 Global Brands In 3 Years: Report Reliance Jio now has a subscription base of over 340 million. Jio's current brand value is $4.1 billion, according to the report, titled "BrandZ Top 1...
09:36, 09/18/2019

How To Find Out Today's Petrol, Diesel Prices Through SMS Latest petrol and diesel prices: Indian Oil Corporation, the country's largest fuel retailer, provides an SMS-based service to the consumers, which en...
09:36, 09/18/2019

Five Ways A Rate Cut By US Central Bank Could Affect Consumers The US central bank is expected to cut its benchmark rate by one quarter of a percentage point to a range of 1.75-2 per cent, the second rate reductio...
09:36, 09/18/2019

Monsoon Rains Above-Average For Third Straight Week: Weather Department Monsoon rains are crucial to farm output and economic growth because the agricultural sector accounts for about 15 per cent of India's $2.5 trillion e...
09:36, 09/18/2019

Rupee Snaps 2-Day Losing Streak, Rises 54 Paise Against Dollar: 10 Points The Indian rupee snapped its two-day falling streak against the US dollar on Wednesday on the back of falling crude oil prices. However, outflows by t...
09:36, 09/18/2019

Government Open To Selling Part Of Air India To Foreign Airline: Report Government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on ...
09:36, 09/18/2019

Reliance Jio Tops Subscription Race In July; Airtel, Vodafone Idea Lose Jio added 85.39 lakh customers in July to take its total subscriber base to 33.97 crore, data released by the Telecom Regulatory Authority of India (T...
09:36, 09/18/2019

Finance Minister To Review State-Run Banks' Merger Preparedness: Report Finance Minister Nirmala Sitharaman will meet the heads of PSU banks on Thursday to discuss merger-related issues and review their preparedness to exe...
09:36, 09/18/2019

ECB weighs investigating Deutsche Bank over alleged unauthorized bond purchases: sources The European Central Bank is examining whether to open a formal investigation into Deutsche Bank for allegedly buying some of its own securities with...
09:12, 09/18/2019

U.S. fed funds rate breaks above Fed's target range A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank's target range for t...
09:12, 09/18/2019

Analyst view: Fed's day two of cash injection into U.S. banking system As if the U.S. Federal Reserve didn't already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the plu...
09:12, 09/18/2019

Instant view: U.S. fed funds rate breaks above Fed's target range A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank's target range for t...
09:12, 09/18/2019

Fed's job gets more complex as fed funds rate moves out of bounds Stress in U.S. money markets loomed over a Federal Reserve policy meeting on Wednesday with new data showing that the central bank's target interest r...
09:12, 09/18/2019

Lone 737 MAX criss-crossed Canada for pilot checks during grounding While the world's Boeing 737 MAX fleet remains grounded after two fatal crashes, a solitary Air Canada plane has been spotted in the skies, shuttlin...
09:12, 09/18/2019

Airbus revises up jet demand, warns of 'lose-lose' tariff war Airbus raised its 20-year forecast for jetliner demand on Wednesday despite expected slower growth in traffic, as it predicts airlines will replace ag...
09:12, 09/18/2019

Atlanta Fed model estimate for U.S. third-quarter GDP edges up to 1.9% The U.S. economy is likely growing at a 1.9% annualized rate in the third quarter, based on the latest data on industrial output and housing starts, t...
09:12, 09/18/2019

Stocks edge lower with Fed decision on tap; oil slips Stocks around the world edged lower on Wednesday and the U.S. dollar crept up as investors waited for the U.S. Federal Reserve's decision on interest ...
09:12, 09/18/2019

U.S. housing starts, building permits race to 12-year high U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lowe...
09:12, 09/18/2019

Wall Street dips as FedEx issues profit warning; all eyes on Fed U.S. stocks came under pressure on Wednesday after a profit warning by FedEx, while investors waited for a decision on interest rates and clues on the...
09:12, 09/18/2019

Novartis halts distribution of its Zantac versions amid probe into impurities Novartis AG's Sandoz unit said on Wednesday it was halting distribution of its versions of the drug commonly known as Zantac in all its markets, incl...
09:12, 09/18/2019

Southwest passengers get no damages for flights canceled by de-icer shortage: U.S. judge Southwest Airlines Co won the dismissal of a proposed class-action lawsuit seeking damages for stranded passengers on hundreds of winter flights it w...
09:12, 09/18/2019

FedEx tumbles 13% on weak 2020 outlook, brokers cut price targets Shares of FedEx Corp fell about 13% on Wednesday after the package delivery company slashed its 2020 profit outlook, blaming trade tensions and its s...
09:12, 09/18/2019

|BoeingseesR43trnChinasplurgeonjetsandservices China will need to spend $2.9trn on new aircraft and ground services over the next two decades, according to Boeing, which continues to pin hopes on t...
06:24, 09/18/2019

|SavetheANCfromcompanieslikeBosasa–Malemaoninsourcing The EFF leader says insourcing will build the capacity of state entities to continue functioning and create secure jobs for employees of contractors t...
06:24, 09/18/2019

|Augustinflationhigherthanexpectedduetobread,pappriceshocks Annual food inflation reached its highest level in 18 months, registering 3.8% in August, Statistics SA reported. This was mostly due to a 8.6% increa...
06:24, 09/18/2019

|ZimbabwebuysSouthAfricanmaizeasnationfacesfoodshortage Zimbabwe agreed to buy 150,000 tons of South African maize after a tender five times that size failed, leaving the country short of grain as the numbe...
06:24, 09/18/2019

U.S. lawmakers urge Trump administration to restore India's trade privileges Forty-four members of the U.S. Congress have urged President Donald Trump's trade representative to restore trade concessions to India, saying the wit...
03:36, 09/18/2019

Nissan plans sale of Trading unit in $1 billion deal: Bloomberg Nissan Motor Co Ltd is looking to sell its vehicle parts and materials distribution business in a deal that may be valued at about $1 billion, Bloomb...
03:36, 09/18/2019

Airbus revises up jet demand, trims traffic growth Airbus on Wednesday revised up forecasts for jetliner demand in the next 20 years led by growth in the new industrial hubs of Asia, while voicing alar...
03:36, 09/18/2019

Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive Buses may not be the most glamorous mode of transport but at the 2020 Tokyo Olympic games, they will represent Toyota Motor Corp's best bet for wider...
03:36, 09/18/2019

Britain to investigate $5 billion U.S. takeover of defense firm Cobham Britain will investigate the national security impact of the purchase of defense company Cobham by U.S. private equity firm Advent International, pote...
03:36, 09/18/2019

Chewy shares slide despite narrower-than-expected second quarter loss The pet food and product retailer posted net sales of $1.15 billion, topping estimates of $1.13 billion, according to a survey of analysts by Refiniti...
02:24, 09/18/2019

Charts show Microsoft, Apple may be ready to surge and take Wall Street to new heights: Jim Cramer Jim Cramer takes a look at chart analysis of Apple and Microsoft by Stock Market Mentor founder and technician Dan Fitzpatrick, who sees bullish signs...
02:24, 09/18/2019

Pelosi explains what role business could play in bringing about social change In an interview with CNBC's Jim Cramer, House Speaker Nancy Pelosi said the country must address income disparity, create new jobs and lead in gr...
02:24, 09/18/2019

Jim Cramer: 'Stand pat,' even if the Fed doesn't satisfy the bullish investors "It's just not worth trying to game this market when you know that, eventually, we're likely to get lower interest rates" and potentially a ...
02:24, 09/18/2019

Everything Jim Cramer said on 'Mad Money,' including Fed meeting, Microsoft and Apple, Pelosi Jim Cramer explains what to expect from the Federal Reserve's September meeting, why Microsoft and Apple's stock could soon pop, and his wid...
02:24, 09/18/2019

GM stops paying for health insurance for striking union workers; talks continue General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for t...
23:48, 09/17/2019

Walmart likely discriminated against female workers, U.S. agency says Walmart Inc likely discriminated against 178 female workers by paying them less, denying them promotions or both, because of their gender, the U.S. Eq...
23:48, 09/17/2019

U.S. Senators urge FTC to scrutinize multi-billion dollar pharma mergers U.S. presidential hopeful Amy Klobuchar on Tuesday led a letter by U.S. senators that urged the Federal Trade Commission (FTC) to closely scrutinize p...
23:48, 09/17/2019

Big banks score win as U.S. regulator proposes easing post-crisis derivatives rules A U.S. banking regulator on Tuesday proposed easing a rule requiring banks to set aside cash to safeguard derivatives trades between affiliates, marki...
23:48, 09/17/2019

French President Macron calls Saudi crown prince on Aramco attacks: press The Saudi Arabian Crown Prince Mohammed bin Salman received a phone call from the French President Emmanuel Macron on Tuesday to discuss the attack on...
23:48, 09/17/2019

Exclusive: Where's the beef? Argentine ranchers hope more is headed for China Cattle ranchers in Argentina, which recently edged out neighbor Brazil as the top exporter of beef to China, are hoping to build on that status by get...
23:48, 09/17/2019

Explainer: Why Asia's biggest economies are backing hydrogen fuel cell cars China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a...
23:48, 09/17/2019

Explainer: The Fed has a repo problem. What's that? As if the U.S. Federal Reserve didn't already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the plu...
23:48, 09/17/2019

From oil shocks to funding strains, Fed confronts new complexities The Federal Reserve will conclude its latest policy meeting on Wednesday buffeted by conflicting economic data, under steady pressure from the White H...
23:48, 09/17/2019

France sending experts to investigate Saudi oil attack: Elysee France will send experts to Saudi Arabia to help with investigations into an attack on Saudi oil installations, President Emmanuel Macron's office sai...
23:48, 09/17/2019

Window closing fast for WeWork parent to launch IPO this year WeWork owner The We Company faces strong headwinds in achieving its goal of launching an initial public offering (IPO) by the end of the year after po...
23:48, 09/17/2019

Oil retreats on Saudi supply reassurance, Fed in limelight Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month's end while caution ahead of an expected U.S. inter...
23:48, 09/17/2019

Britain orders security investigation into Cobham-Advent deal The $5 billion acquisition of British defence company Cobham by U.S. private equity firm Advent International could be blocked on national security g...
23:48, 09/17/2019

Japan defense minister: Not aware of any Iran involvement in Saudi attacks Japan has not seen any intelligence that shows Iran was involved in the recent attacks on Saudi Arabian oil facilities, Japan's new defense chief said...
23:48, 09/17/2019

|WATCH:Counterfeitpotvapesfloodmarketamidillnesses Want to make a counterfeit cannabis vape that looks like the real thing? The easy availability of replica packaging helps explain an explosion in coun...
21:12, 09/17/2019

Tyndall AFB holds industry day as rebuilding gives way to upgrades The Air Force said after an industry day at Tyndall Air Force Base near Panama City, Fla., that, instead of rebuilding from Hurricane Michael, it is a...
21:12, 09/17/2019

Boeing starts assembly of first KC-46A tanker for Japan Boeing has started assembling the first of four KC-46A tankers the U.S. State Department approved for Japan under a $1.9 billion deal nearly three yea...
21:12, 09/17/2019

Oil prices dip ahead of Saudi minister briefing on drone attacks Oil prices dipped by more than 7% on Tuesday - after a major spike on Monday following drone attacks on key installations in Saudi Arabia at the weeke...
18:48, 09/17/2019

Credit card interest rates at their highest in 13 years Credit card interest rates have reached their highest in at least 13 years, putting shoppers preparing to splash out for Christmas at risk of higher b...
18:48, 09/17/2019

Former boss Tinkler plots bid for ailing Eddie Stobart The colourful businessman who fought a running battle with the owner of Southend Airport last year is turning his attention to its former corporate be...
18:48, 09/17/2019

|RisingpricesfromSaudioilattackboostSasol'smarketcapbyR20bn After attacks on a key Saudi oil facility cut output for one the world's largest producers by half, a subsequent rise in the global oil price has buoy...
17:12, 09/17/2019

|ANALYSIS:BleakoutlookforSAcoal South Africa’s coal mining industry appears to be on the brink of permanent decline as the country’s main export markets prepare to reduce reliance on...
17:12, 09/17/2019

|SApetrolpricestillexpectedtodecreaseinOctober-AA An attack on a major oil facility in Saudi Arabia means that a predicted drop in the petrol price for October will be lower than anticipated based on ...
17:12, 09/17/2019

|ABInBevtoseekupto$4.85bninAsianunitIPO Anheuser-Busch InBev is reviving the Hong Kong initial public offering of its Asian unit and is set to raise as much as $4.8bn, roughly half of an ear...
17:12, 09/17/2019

|Zambiamaydoubleelectricitypricesasdroughtslashessupply Zambia, Africa’s second-biggest copper producer, may double power tariffs as the government seeks more costly imports to offset a shortfall from its d...
17:12, 09/17/2019

|GlobaladvertisingconferencehaltsSAlaunchoverxenophobiafears International media, marketing and advertising conference Advertising Week has postponed its inaugural African edition to 2020 due to concerns over xe...
17:12, 09/17/2019

|SABCbleedsbillionsin'exorbitant'sportsbroadcastrights-CEO In the past three years SABC lost as much as R3.8bn on monies paid for sports broadcasting rights. If the SABC continued on this trajectory it would n...
17:12, 09/17/2019

|Manuelapologisesfor'inappropriate'judgejibeinMoyoruling Old Mutual chair Trevor Manuel has apologised for his "inappropriate" remark about a judge who delivered a ruling against the company in litigation in...
17:12, 09/17/2019

|Iseeopportunity,saysbiddereyeingcoalmineonceownedbyGuptas Dubai’s DSA Investments has teamed up with two South African companies to bid for coal assets that Glencore was pressured into selling to a company co...
17:12, 09/17/2019

|Zimbabweansforkingoutforcashascrunchworsens Cash-starved Zimbabweans are forking out premiums as high as 55% to get cash on the black market in the troubled Southern African country, as liquidit...
17:12, 09/17/2019

GM dropped workers’ health care during the strike. The company says it’s standard procedure. "While on strike, some benefits shift to being funded by the union’s strike fund, and in this case hourly employees are eligible for union-paid COBRA ...
16:48, 09/17/2019

Bank Officers' Unions Threaten To Go On Strike: 10 Things To Know Four unions of public sector bank officers have threatened to go on a strike opposing the consolidation of 10 state-run lenders into four. The unions ...
15:36, 09/17/2019

Nifty Ends At 10,818, Erases All Of Gains So Far This Year: Highlights Sensex, Nifty updates today: The Nifty index fell as much as 207.00 points to 10,796.50 at the days lowest level, registering a loss of 66.05 points ...
15:36, 09/17/2019

Petrol, Diesel Prices Hiked Across Metros: 10 Things To Know Petrol prices were increased by state-run oil marketing companies on Tuesday. The price of petrol was at Rs 72.17 per litre in Delhi, Rs 74.89 per lit...
15:36, 09/17/2019

Provident Fund Subscribes To Get 8.65% Interest For 2018-19: 10 Facts Over six crore accounts in the Employees' Provident Fund Organization (EPFO) will be credited with interest at the rate of 8.65 per cent for financial...
15:36, 09/17/2019

Rupee Settles Lower At 71.78 Against Dollar: 10 Things To Know The rupee settled 18 paise lower at 71.78 against the US dollar on Tuesday. The local currency opened lower at 71.83 and declined to an intraday low o...
15:36, 09/17/2019

Airtel Payments Bank Launches Bharosa Savings Account, Details Here Airtel Payments Bank said it aims to create formal banking behaviours of usage and transactions through a bank account, all accessed through a point m...
15:36, 09/17/2019

What You Need to Know About the Emoluments Clause America’s founding fathers probably didn’t envision Donald Trump. They did, however, include a sentence in the U.S. Constitution that could curb the a...
14:48, 09/17/2019

How an Attack on Saudi Oil Upended a Global Calculus The Sept. 14 attack on two of Saudi Arabia’s biggest crude oil production plants sent shock waves through energy markets and triggered the biggest one...
14:48, 09/17/2019

AT&T Is New. It Needs a New Type of CEO. As the company transforms into a media and wireless giant, its board shouldn’t limit the search for Randall Stephenson’s successor to internal candida...
14:48, 09/17/2019

Facebook unveils charter for its ‘Supreme Court,’ where users can go to contest the company’s decisions Facebook on Tuesday unveiled its blueprint for an independent oversight board of 40 people who will review the company's decisions about the posts, ph...
14:48, 09/17/2019

The Facebook page ‘Vets for Trump’ was hijacked by a North Macedonian businessman. It took months for the owners to get it back. The takeover of Vets for Trump underscores how money, politics and online misinformation remain deeply and often invisibly entangled ahead of the 2020...
14:48, 09/17/2019

Businesses are buying into devices that claim to stop lightning, despite skeptics Some lightning experts say reliance on lightning-suppression systems could jeopardize public safety — because the laws of physics mean they can’t work...
14:48, 09/17/2019

Madewell Diverges From J. Crew as a Darling of Casual America The fashion brand filed for an I.P.O. last week, a move signifying how much better positioned it is than its parent company for the current retail env...
14:24, 09/17/2019

WeWork Delays I.P.O. After Chilly Reception From Investors The company’s parent has been trying to rescue the public offering amid concerns about the high valuation for a business that is deeply unprofitable....
14:24, 09/17/2019

Seventh person dies from vaping-associated lung disease A California person has died from a vaping-associated lung disease that has now killed at least seven people and sickened nearly 400 people, Californi...
14:00, 09/17/2019

Gaming industry veterans raise $17 million to launch VENN, an esports network Founders Ariel Horn and Ben Kusin created VENN to fill in the gaps in esports and gaming content that they believe came about as publishers focused on...
14:00, 09/17/2019

GM strike costing up to $100 million a day isn't worrying investors — at least not yet General Motors stands to lose hundreds of millions of dollars in lost production as a United Auto Workers union strike against the automaker enters it...
14:00, 09/17/2019

GM, White House deny Politico report of administration involvement in UAW talks The White House and GM denied a report in Politico that said the Trump administration was involved in the automaker's contract negotiations with ...
14:00, 09/17/2019

Facebook working on smart glasses with Ray-Ban, code-named 'Orion' Facebook has partnered with Luxottica to develop augmented-reality Ray-Ban glasses code-named 'Orion', people familiar with the matter told ...
14:00, 09/17/2019

'Seinfeld' could be the last 'white whale' TV show for Netflix to snag As Netflix's rivals prep for their own streaming service launches, and snatch up content belonging to their own networks, Netflix could soon face...
14:00, 09/17/2019

Fanatics hires Nike exec as CFO; business is targeting over $2.5 billion in sales this year Fanatics has hired Michener Chandlee, Nike's corporate audit and chief risk officer, to become its chief financial officer, succeeding Lauren Coo...
14:00, 09/17/2019

When Is Change a ‘Crisis’? Why Climate Terms Matter The discussion around changing weather is changing. Anodyne references to “climate change” and “global warming” are being scorned by those who think i...
06:24, 09/17/2019

Understanding the Conflicts Leading to Saudi Attacks Before Yemen’s civil war began in 2014, the country had no tradition of sectarianism between its Shiite and Sunni Muslim communities. With outside pow...
06:24, 09/17/2019

Enticed by low mortgage rates? Here are other factors you should weigh when determining whether to buy. Low rates aren't everything. You should also consider how long you will stay in the home before moving and whether you will recoup your transaction co...
06:24, 09/17/2019

Commentary: CFPB needs to lift restrictions that discourage minority home buying If the rules on who is qualified for a mortgage don’t adapt, our country’s moribund homeownership rate will fall further, particularly for the populat...
06:24, 09/17/2019

Nearly 50,000 General Motors employees go on strike after union talks break down About 49,000 General Motors employees walked off the job at midnight Monday after negotiations between their union and the Detroit car giant unraveled...
06:24, 09/17/2019

Attacks on Saudi oil could cause U.S. gas prices to rise by 10 to 25 cents a gallon, experts say Global oil prices have surged since drone strikes pierced Saudi Arabia’s oil industry, forcing the kingdom to cut production in half. But what this me...
06:24, 09/17/2019

Trump is handing Democrats an opening on the economy A strong economy was supposed to the centerpiece of Trump's re-election campaign, but the trade war and uneven growth are giving Democrats a chance to...
06:24, 09/17/2019

Investigation finds illegal synthetic marijuana in products sold as CBD Some operators are cashing in on the CBD craze by substituting cheap and illegal synthetic marijuana for natural CBD in vapes and edibles such as gumm...
03:48, 09/17/2019

Jim Cramer explains how the market was able to virtually shrug off a major oil shock "In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 19...
03:48, 09/17/2019

Cramer's lightning round: When investors should pull the trigger on Ulta Beauty "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed....
03:48, 09/17/2019

Everything Jim Cramer said on 'Mad Money,' including Saudi oil strikes, valuing cloud stocks, Paxos Jim Cramer breaks down Wall Street's reaction to drone strikes on Saudi Arabian oil facilities, how Wall Street values cloud stocks and interview...
03:48, 09/17/2019

LIVE Market Updates: Sensex Slumps Nearly 700 Points, Nifty Near 10,800 LIVE Sensex, Nifty Updates: The S&P BSE Sensex index fell as much as 153.3 points - or 0.41 per cent - to 36,970.01 in the first hour of trade, and th...
03:24, 09/17/2019

Saudi Arabia Shockwaves Rattle Indian Markets Saudi Arabia is the second largest country India imports oil from. If the oil prices continue to rise, it could widen India's current account deficit ...
03:24, 09/17/2019

Kaveri Seed Shares Rise 3%, Board To Consider Buyback On September 24 Kaveri Seed share price today: By noon, 9,184 Kaveri Seed shares had changed hands on the BSE, as against an average of 23,000 in the past two weeks. ...
03:24, 09/17/2019

Over 6 Crore Provident Fund Subscribers To Get 8.65% Interest For 2018-19 The Central Board of Trustees -- the apex decision-making body of the Employees'' Provident Fund Organisation (EPFO) -- had approved 8.65 per cent int...
03:24, 09/17/2019

Sensex Slumps 642 Points, Nifty Turns Negative For 2019: 10 Points Indian equity markets suffered sharp losses on Tuesday amid heavy selling pressure as fears of rising crude oil prices and weakness in the rupee again...
03:24, 09/17/2019

China’s Deputy Finance Minister Liao Min Heads to the U.S. to Prepare for Trade Talks BEIJING (AP) — A Chinese envoy will head to Washington on Wednesday to prepare for trade negotiations. The announcement Tuesday follows concilia...
02:24, 09/17/2019

Huge blow as Yorkshire mine fails to secure £400m for next phase The future of a huge fertiliser mine in Yorkshire has been thrown into doubt after the company responsible for its development failed to secure the $5...
02:24, 09/17/2019

Frackers to Stand Pat, Reap Profits After Attacks on Saudi Oil U.S. shale companies aren’t planning to fill the void in global crude supplies left by an attack on Saudi Arabia’s top oil facilities. Instead, produc...
02:00, 09/17/2019

Former Oil CEO Aims to Change How the U.S. Exports Natural Gas SeaOne Holdings, founded by the former chief of shale giant EOG Resources, has new technology for shipping U.S. natural gas abroad—and a plan to build...
02:00, 09/17/2019

Paul Ingrassia, Prizewinning Automotive Journalist and Author, Dies at 69 One of the leading chroniclers of the auto industry for more than three decades, the writer died on Monday in Naples, Fla. Read a selection of his wor...
02:00, 09/17/2019

GM Workers Head to Picket Lines to Press Demands General Motors factory workers went on strike in the United Auto Workers’ first nationwide walkout in 12 years, protesting to secure better pay, more ...
02:00, 09/17/2019

UAW Strike Could Cost GM $100 Million a Day With no vehicles being built, the walkout involving roughly 46,000 full-time workers could dent GM’s profit by $50 million to $100 million daily, anal...
02:00, 09/17/2019

Northrup Grumman wins $42.8M contract to fix B-2 wing panels Northrup Grumman Systems Corp. was awarded a minimum $42.8 million to build trailing edge components of the B-2 stealth bomber, the Defense Department...
02:00, 09/17/2019

EU creates directorate for European defense industry A new agency established within the European Commission to deal with Europe's fragmented defense industry will have France's former defense minister i...
02:00, 09/17/2019

Northrop Grumman selects subcontractors for new ICBM missile system Northrop Grumman Corp. announced its subcontractors for the new Ground Based Strategic Deterrent ICBM system on Monday, days after declining to partne...
02:00, 09/17/2019

Green Beret killed in Afghanistan A U.S. Special Forces member was killed in Afghanistan, NATO Resolute Support Afghanistan announced on Monday, the 17th U.S. servicemember killed ther...
02:00, 09/17/2019

What's next for OxyContin maker Purdue Pharma OxyContin maker Purdue Pharma LP filed for bankruptcy protection after reaching a partial deal to resolve more than 2,600 lawsuits alleging it helped ...
00:00, 09/17/2019

Japan seeks to confirm no additional tariffs on auto exports to U.S.: Motegi Japan plans to reconfirm in the final stage of trade talks with the United States that Washington will not impose additional tariffs on Japanese vehic...
00:00, 09/17/2019

Currency provision won't be in Japan-U.S. trade deal: Aso Japanese finance minister Taro Aso said on Tuesday that a currency provision won't be included in a Japan-U.S. bilateral trade deal that the two count...
00:00, 09/17/2019

WeWork parent says IPO still on despite setbacks WeWork owner The We Company said on Monday it expected to complete its initial public offering (IPO) by the end of the year, after walking away from p...
00:00, 09/17/2019

LG Display seeks job cuts amid mounting financial losses South Korea's LG Display Co Ltd on Tuesday announced a voluntary redundancy program for its domestic production line employees amid mounting financi...
00:00, 09/17/2019

Divided Fed set to cut interest rates this week, but then what? Deep disagreements within the Federal Reserve over the economic outlook and how the U.S. central bank should respond will not stop policymakers from c...
00:00, 09/17/2019

International panel to criticize U.S. FAA's Boeing 737 MAX approval process: WSJ A panel of international air-safety regulators is finishing a report, which is expected to criticize the initial U.S. approval process for Boeing Co's...
00:00, 09/17/2019

Oil trims gains, but Middle East risks keep stocks on back foot Oil shed some of its massive gains on Tuesday as the United States flagged the possible release of crude reserves, but the threat of military action o...
00:00, 09/17/2019

Japan's Abe says he will meet Iran's Rouhani this month in New York: NHK Japanese Prime Minister Shinzo Abe said on Tuesday he would meet with Iranian President Hassan Rouhani at the end of the month, as regional tensions r...
00:00, 09/17/2019

UAE official: Saudi Aramco attacks are a dangerous escalation Attacks on oil plants in Saudi Arabia are a dangerous escalation and the international community should stand by Riyadh and ensure regional stability,...
00:00, 09/17/2019

Explainer: Details on car tariffs fuzzy as U.S., Japan head for trade deal U.S. President Donald Trump has said Washington and Tokyo have reached an initial trade deal that he and Japanese Prime Minister Shinzo Abe are expect...
00:00, 09/17/2019

Trump says U.S. reaches trade deals with Japan, no word on cars U.S. President Donald Trump said on Monday Washington had struck trade agreements with Tokyo that could be implemented without congressional approval,...
00:00, 09/17/2019

Oil declines as market assesses attacks on Saudi facilities Oil dropped on Tuesday although the market remains on tenterhooks over the threat of a military response to attacks on Saudi Arabian crude oil facilit...
00:00, 09/17/2019

DealBook Briefing: The World Reckons With a New Oil Order The weekend’s attacks on plants owned by Saudi Arabia’s state-owned oil company spooked investors this morning — and may do so for a long time to come...
23:37, 09/16/2019

3 From JPMorgan Accused in Scheme to Game Precious Metals Market The government’s indictment said the scheme ran for eight years and generated millions of dollars in profits for the bank. JPMorgan declined to commen...
23:37, 09/16/2019

In Hong Kong, Employees Hide Their Political Leanings as Beijing Forces Companies to Take Sides By day, Lucy is a flight attendant. Dressed in a neat uniform, she politely offers passengers meals and drinks while they cruise at 35,000 feet. Recen...
20:48, 09/16/2019

India’s Economy Slows, Stalling a Once Thriving Manufacturing Sector NEW DELHI (AP) — Anuj Kapoor took over his father’s booming auto parts business in 2012, hoping to elevate the company from selling to sup...
20:48, 09/16/2019

‘The Union Is Playing Some Hardball.’ Here’s Why GM Workers Are On Strike The United Auto Workers union is leading its first strike against General Motors in 12 years, digging in for a fight over jobs and benefits that could...
20:48, 09/16/2019

The GM Strike Isn’t Just About Higher Wages. It’s Also a Protest Against the Gig Economy Union members at General Motors have joined a national uptick in strikes, with Americans increasingly turning to collective action in the face of unst...
20:48, 09/16/2019

Trump says U.S. does not need Middle East oil, but cargoes keep coming Amid a flurry of Twitter posts on Monday morning, U.S. President Donald Trump turned to the weekend attack on Saudi Arabia’s oil facilities and assure...
18:12, 09/16/2019

Electric pickup, batteries included in GM's $7 billion pledge An all-electric pickup truck and an advanced battery system will be part of the $7 billion that General Motors Co has pledged to invest in the United ...
18:12, 09/16/2019

Germany's Osram urges investors to accept $4.8 billion AMS offer Osram advised shareholders to accept a 4.3 billion euro ($4.8 billion) bid from AMS on Monday, bringing the Austrian sensor specialist a step closer...
18:12, 09/16/2019

FAA chief to meet with Boeing officials, test 737 MAX simulator New Federal Aviation Administration (FAA) chief Stephen Dickson plans to fly to Seattle this week to fly "newly configured" Boeing 737 MAX software in...
18:12, 09/16/2019

Saudi-style drone attacks not seen as major U.S. risk, experts say The style of attack used against oil plants in Saudi Arabia that knocked out half of the country's production on Saturday is unlikely to be a risk in ...
18:12, 09/16/2019

Chevron CEO: Saudi oil strikes won't have much short-term impact on U.S. oil production Attacks on Saudi oil plants will not have much impact on U.S. oil production in the short term, Chevron Chief Executive Michael Wirth told CNBC in an ...
18:12, 09/16/2019

Trump says he does not want war after attack on Saudi oil facilities U.S. President Donald Trump said on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia but stressed he did not want to g...
18:12, 09/16/2019

Trump says U.S. reaches trade deals with Japan, no vote needed U.S. President Donald Trump said on Monday that the United States has reached initial trade agreements with Japan on tariff barriers and digital trade...
18:12, 09/16/2019

Oil trims gains but Middle East risks keep stocks on back foot Oil futures shed some of their massive gains on Tuesday as the United States flagged the possible release of crude reserves, but the threat of militar...
18:12, 09/16/2019

WeWork parent pulls IPO following pushback: sources WeWork owner The We Company took a last-minute decision on Monday to suspend preparations for an initial public offering (IPO), concerned that its sto...
18:12, 09/16/2019

Sensex, Nifty Suffer Biggest Single-Day Fall In Two Weeks: Highlights Stock Market LIVE: After a gap-down opening at 37,204.56 for the S&P BSE Sensex index, down 180.43 points from the previous close, the index extended ...
16:48, 09/16/2019

Fuel Rates To Rise If Crude Price Stays High: Hindustan Petroleum Crude oil price today: Fuel prices at outlets might be impacted if crude price continues to go up by 10 per cent, said Hindustan Petroleum Corporation...
16:48, 09/16/2019

Rupee Falls Over 1% Against Dollar As Crude Oil Rates Soar: 10 Points The rupee depreciated by as much as 75 paise - or 1.06 per cent - against the US dollar hurt by soaring crude oil prices. After opening at 71.57 again...
16:48, 09/16/2019

Bank Officer's Union Threaten To Go On Strike: 10 Things To Know Four officers' organizations of public sector banks (PSBs) have threatened to go on strike opposing the consolidation of 10 state-run lenders into fou...
16:48, 09/16/2019

Saving Deposits Of Banks Rose To Rs 39.72 Lakh Crore In 2018-19: RBI The aggregate saving deposits of public and private sector banks (PSBs) stood at Rs 39.72 lakh crore as on March 31, 2019, according to Reserve Bank o...
16:48, 09/16/2019

Rupee Plunges By 68 Paise To End At 71.60 Against Dollar: 10 Points The rupee on Monday settled 68 paise lower at 71.60 against the US dollar. That marked first fall for the domestic currency in eight sessions. The loc...
16:48, 09/16/2019

RBI Allows Payment Of All Recurring Bills Via Bharat Bill Payment System As per BBPS website, the facility would be expanded to include other types of repetitive payments like insurance premium, mutual funds, school fees, E...
16:48, 09/16/2019

BT rival CityFibre takes Holliday as chairman The former chief executive of National Grid will this week be named as the chairman of the ultrafast broadband network vying to become BT Group's bigg...
15:24, 09/16/2019

Aldi suffers 26% profit drop but promises growth Discount supermarket chain Aldi has announced that its operating profits fell by 26% to £197.9m last year, as the company invested heavily in the...
15:24, 09/16/2019

Where does the world's oil come from? The attack on Saudi Arabia's largest petroleum-processing facility over the weekend struck at the heart of one of the most important oil-producing reg...
15:24, 09/16/2019

Cobham agrees £4bn takeover by US equity firm Advent US private equity firm Advent International has won its battle to buy defence and aerospace group Cobham for $5bn (£4bn), joining a...
15:24, 09/16/2019

Beleaguered U.S. energy shares soar after attacks on Saudi facilities Shares of U.S. energy companies surged on Monday as a jump in oil prices in the wake of attacks on Saudi Arabia's oil facilities gave new juice to a s...
15:00, 09/16/2019

FedEx to increase shipping rates across units in 2020 U.S. package delivery company FedEx Corp said on Monday shipping rates at its express unit, which delivers packages using planes, will increase by an...
15:00, 09/16/2019

Wall Street drops after Saudi attacks, energy stocks spike Energy stocks spiked while most of Wall Street fell on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns abou...
15:00, 09/16/2019

U.S., Chinese trade deputy talks to start on Thursday: USTR Deputy-level U.S.-China trade talks are scheduled to start in Washington on Thursday, the U.S. Trade Representative's office said on Monday, paving th...
15:00, 09/16/2019

Factbox: The U.S. opioid epidemic in the courts As opioid-related deaths have soared, thousands of lawsuits have been filed seeking damages from drugmakers and distributors. The following is a summa...
15:00, 09/16/2019

Attack on Saudi Arabia 'unprecedented': U.S. defense secretary U.S. Defense Secretary Mark Esper said on Monday the recent attack on Saudi Arabian oil facilities was "unprecedented" and the United States, along wi...
15:00, 09/16/2019

Trump says looks like Iran was behind Saudi oil attacks U.S. President Donald Trump on Monday said it looked like Iran was behind attacks on oil plants in Saudi Arabia at the weekend that raised fears of a ...
15:00, 09/16/2019

Saudi Aramco attacks: What we know so far An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition...
13:37, 09/16/2019

Atlantia's CEO set to step down as bridge probe darkens The long-standing head of Italian infrastructure group Atlantia is ready to step down as a probe into a deadly bridge collapse snowballs, prompting i...
13:37, 09/16/2019

UK will work with international partners on response to Saudia Arabia attack Britain will work with its international partners on the "widest and most effective" response to an attack on Saudi Arabia at the weekend, Foreign Sec...
13:37, 09/16/2019

Factbox: What's next for OxyContin maker Purdue Pharma OxyContin maker Purdue Pharma LP filed for bankruptcy protection after reaching a partial deal to resolve more than 2,600 lawsuits alleging it helped ...
13:37, 09/16/2019

U.S. crude export demand surges after attack on Saudi facilities U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was thrown open...
13:37, 09/16/2019

Attacks on Saudi oil facilities - what will it mean for consumers? The attack on Saudi facilities on Saturday caused the biggest oil supply disruption for more than 50 years. Here is what it could mean for consumers:...
13:37, 09/16/2019

Saudi Arabia to invite U.N. experts to investigate oil attack: statement Saudi Arabia will invite international experts including from the United Nations to participate in investigating an attack on its oil facilities and c...
13:37, 09/16/2019

Oil jumps nearly 15% in record trading after attack on Saudi facilities Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a record trading volumes, after an attack on Saudi Ara...
13:37, 09/16/2019

U.S. Senate leader McConnell wants consequences on Iran for Saudi oil attack U.S. Senate Majority Leader Mitch McConnell blamed Iran on Monday for the weekend attack on a Saudi Arabian oil facility and called for an internation...
13:37, 09/16/2019

Trump says Iran appears to be culprit for Saudi oil attacks U.S. President Donald Trump said on Monday that it looked like Iran was responsible for attacks over the weekend on Saudi Arabian oil plants, but he w...
13:37, 09/16/2019

U.S.-China deputy-level trade talks to begin Thursday in DC: USTR Deputy trade negotiators for the United States and China will meet in Washington beginning on Thursday, a spokesman for the U.S. Trade Representative'...
13:37, 09/16/2019

Wall Street indexes fall while energy sector soars Energy stocks spiked while Wall Street's three major indexes lost ground on Monday after weekend attacks on Saudi Arabia's oil facilities added to inv...
13:37, 09/16/2019

Trump says oil price rise after attack on Saudi plants 'not a problem' U.S. President Donald Trump on Monday downplayed the impact of a spike in oil prices in the wake of the attacks on Saudi oil plants, saying prices had...
13:37, 09/16/2019

U.S. lawmakers blast Iran, wary of war, after Saudi oil attack Members of the U.S. Congress blasted Iran after the attack on Saudi Arabian oil facilities, but expressed wariness about U.S. military action, especia...
13:37, 09/16/2019

Don't expect oil shocks to move the Fed The weekend bombings of Saudi Arabia's main oil refinery have already sparked U.S. President Donald Trump to pressure the Federal Reserve anew to lowe...
13:37, 09/16/2019

Evidence indicates Iranian arms used in Saudi attack, Riyadh says Saudi Arabia said on Monday that the attack on its oil facilities was carried out with Iranian weapons, according to a preliminary investigation, but ...
13:37, 09/16/2019

Evidence points to Iran involvement in attack, says Saudi alliance, as oil prices soar An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition...
13:37, 09/16/2019

Oil soars after attack on Saudi facilities, stocks dip Oil prices soared on Monday after attacks on crude facilities in Saudi Arabia cut the kingdom's production in half and sparked worries over the impact...
13:37, 09/16/2019

|AppletakesonEU’sCompetitionCommissionerinrecordR205bntaxfight Apple is fighting the world’s biggest tax case in a quiet courtroom this week, trying to rein in the European Union’s powerful antitrust chief ahead o...
13:36, 09/16/2019

|Eco-friendlyphonecompaniesbracefor5G’senergybill The next generation of telecommunications technology could be the key to ending years of stagnation in the industry. But it’s also set to create a dif...
13:36, 09/16/2019

|VWin$9bnsoftwarerevampastechshiftexpands Volkswagen is bundling its software operations with an investment plan of about $9bn over the next three to five years, another step in the electric a...
13:36, 09/16/2019

|YouTube'creators'fretoverimpactofnewchildprotectionrules "There's a lot of shock, grief and fear. For many creators, this is their only source of income," said Melissa Hunter of the Family Video Network, a c...
13:36, 09/16/2019

|Risingriskseesboardmembersofstate-ownedshort-terminsurerSasriaresign The statement by Minister of Finance Tito Mboweni did not explain the reasons for the resignations, but highlighted the increasing risk in Sasria's op...
13:36, 09/16/2019

|Cosatu:Mboweni'splanforjobswillmakethingsworse-evenifitworks In a submission to National Treasury Director General Dondo Mogajane, the Congress of South African Trade Unions has said that even if it works, Finan...
13:36, 09/16/2019

Nike wins an Emmy for 'Dream Crazy' ad featuring Colin Kaepernick A year after Nike's "Dream Crazy" campaign brought about heavy controversy, the company won the "outstanding commercial" award at Sunday's C...
11:12, 09/16/2019

Mercedes-Benz ups ante on competition against Tesla Model S with all-electric Vision EQS concept car The Vision EQS sits alongside an already growing array of production models from Mercedes that underscore its determination to dethrone Tesla as king ...
11:12, 09/16/2019

Energy Secretary Perry expects a 'coalition effort' to put a stop to Iran's 'malign activity' U.S. Secretary of Energy Rick Perry spoke to CNBC's "Squawk on the Street" on Monday following a series of drone attacks on Saudi Arabia's o...
09:48, 09/16/2019

Energy stocks are having their best day of the year — Here are Wall Street's best buys from here Energy stocks, one of the worst-performing sectors this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturday...
09:48, 09/16/2019

Saudi Officials Consider Delaying Aramco IPO After Attacks Saudi Arabian officials are discussing delaying Aramco’s initial public offering, after attacks on the company’s largest oil facilities sidelined more...
09:48, 09/16/2019

Amazon Changed Search Algorithm in Ways That Boost Its Own Products The e-commerce giant overcame internal dissent from engineers and lawyers, people familiar with the move say. The previously undisclosed change, which...
09:48, 09/16/2019

Lundbeck buys Alder for $2 billion, eyes 'blockbuster' migraine therapy Denmark's Lundbeck has agreed to buy Alder BioPharmaceuticals in a deal valued at almost $2 billion, hoping to reap profits from a potential bloc...
08:48, 09/16/2019

GM strike costing up to $90 million a day as union members hold out for a 'fair deal' GM shares were down nearly 3% Monday as analysts estimated the strike could cost GM tens of millions of dollars per day. The two sides resumed talks a...
08:48, 09/16/2019

|OxyContinmakerPurduePharmafilesforbankruptcytowipeout2000lawsuits Purdue Pharma has filed for bankruptcy with a more than $10bn plan to settle claims that it fuelled the US opioid epidemic by illegally pushing sales ...
08:24, 09/16/2019

|ABInBevamong39firmstargetedasEUprobesBelgiantaxes Anheuser-Busch InBev NV is among 39 firms targetted by fresh European Union investigations into Belgian tax deals after an earlier order to recoup abo...
08:24, 09/16/2019

|MarketsWRAP:RandclosesatR14.60/$ Gold and other precious metals rallied on Monday after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military...
08:24, 09/16/2019

|BMFslamsOldMutual’s'disregard'forcourtsinMoyosaga The Black Management Forum has accused Old Mutual and its chair Trevor Manuel of disregarding the courts and the rule of law during its legal battle w...
08:24, 09/16/2019

|SAcoalexportsseenwaningasrenewablesgatherpace South Africa’s thermal-coal exports are expected to drop as its main export hub faces growing competition and new cheaper energies proliferate, accord...
08:24, 09/16/2019

|DA:WewilltakedeputyfinanceministerextortionclaimstothePublicProtector The Democratic Alliance intends to lodge a complaint with the Public Protector to investigate a report that Deputy Finance Minister David Masondo misu...
08:24, 09/16/2019

|'Utterrelief'forTekkieTownfoundersasPepkorlosescourtbid Retailer Pepkor, a subsidiary of Steinhoff, has lost an application for leave to appeal a court order that bars it from selling off shoe retailer Tekk...
08:24, 09/16/2019

|Eskomlookingforadviserstohelpimplementgovernmentbailout State-owned power utility sought advisers on how to implement a government bailout seven months after President Cyril Ramaphosa said the company would...
08:24, 09/16/2019

Global Services Trade Also Set To Slow, Says WTO The impact of the U.S.-China trade war, until now largely confined to manufacturing, may be spreading to the trade in services, a development that cou...
07:36, 09/16/2019

Trump Again Pressures Fed in Wake of Saudi Attacks President Trump repeated his sharp criticism of the Federal Reserve after an attack in Saudi Arabia over the weekend led to a major crude-oil disrupti...
07:36, 09/16/2019

Boeing's Board to Weigh Engineering, Safety Changes After MAX Crashes Boeing’s board is expected to consider revamping the aerospace giant’s engineering department as among the first tangible internal changes following t...
07:36, 09/16/2019

Global Cloud Xchange Files for Chapter 11 Bankruptcy Global Cloud Xchange filed for bankruptcy protection Sunday after reaching a deal with lenders that will erase $150 million in debt and hands control ...
05:24, 09/16/2019

|TECHNICALANALYSIS:DRDGoldsharesshowpullbackinanuptrend DRDGold has been leading the local gold shares higher in recent weeks and months. The gold sector is currently giving a short-term pullback, and this ...
03:36, 09/16/2019

|Zimbabwe'sforexinflowsfalljustwhentheyareneededmost Zimbabwe's foreign currency inflows fell by a quarter for the six months to June 2019, as the country is needing to pay for key imports from fertilize...
03:36, 09/16/2019

|SanralgetsR7billionfromBricsbanktoimprovetollroads The statement by the New Development Bank said R7bn was approved by the NDB’s board of directors for National Toll Roads Strengthening and Improvement...
03:36, 09/16/2019

|GovtconsideringR160billiongreen-energyinitiative A plan to establish the world’s largest green-energy financing initiative is being threshed out, as SA seeks to cut its carbon footprint and fund stru...
03:36, 09/16/2019

Chicago School Professor Fights ‘Chicago School’ Beliefs That Abet Big Tech The University of Chicago has long been associated with the idea that antitrust decisions should be based on prices for consumers, not market dominanc...
02:48, 09/16/2019

Boeing Board to Call for Safety Changes After 737 Max Crashes A committee of the Boeing board reviewed how the company designs and builds planes. It identified areas for improvement and major issues facing the co...
02:48, 09/16/2019

The Fed Faces a Tough End to 2019 as Worries Cloud the Horizon From short-term political and trade war concerns to a long-term lack of “firefighting capability” if the economy dives, things are not poised to get e...
02:48, 09/16/2019

Autoworkers’ Union Goes on Strike Against G.M. The union and G.M. remain far apart on most of the major issues on the table. The strike plan was authorized at a meeting of U.A.W. regional leaders i...
02:48, 09/16/2019

|SaudisracetorestoreoiloutputafterAramcoattacks Saudi Arabia is racing to restore oil production after a brazen drone strike on a key Aramco facility slashed its output by half, removing about 5% of...
01:24, 09/16/2019

|GoldralliesonconcernSaudiattackmaypresagewiderconflict Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle Eas...
01:24, 09/16/2019

49,000 United Auto Workers Union Members at General Motors to Strike (DETROIT) — The United Auto Workers union announced that its roughly 49,000 members at General Motors plants in the U.S. will go on strike Sunda...
00:36, 09/16/2019

Prices Surge After the Attack on the Saudi Oil Facility Disrupts Output An attack on a critical Saudi Arabia oil plant pushed crude prices sharply higher Monday, though its longer-term impact depends on how long production...
00:36, 09/16/2019

Government Steps For Housing, Exports To Support Economy: FICCI The industry body welcomed the government's move a day after Finance Minister Nirmala Sitharaman announced steps to help the nearly stalled real estat...
00:36, 09/16/2019