Stories about Finance

Jun 07 2018

Lord & Taylor's Fifth Avenue store to close after 104 years

Hudson's Bay , like many other traditional retailers, has been hurt by the rise of Amazon and online commerce in general. The company said its overall loss for the quar...

Jun 07 2018

Chinese firm ZTE reaches preliminary agreement with USA to restore business

That figure includes $1 billion to be paid upfront and $400 million placed in escrow in the event of any future violations. In total, the USA will collect $1.7 billion ...

Jun 07 2018

RBI hikes repo rate by 25 basis points to 6.25%

But for many, June meeting's decision is a very close call . "Against the above backdrop, the MPC chose to increase the policy repo rate by 25 basis points and keep th...

Jun 07 2018

ZTE reportedly signs preliminary deal to lift USA technology ban

ZTE could not be reached for comment by either Reuters or the Post . Reuters reports U.S Commerce Department ban on ZTE is likely to be lifted although " no definit...

Jun 07 2018

Mexico hits back with $3 billion in tariffs on US products

A senior administration official declined to discuss the specifics of Trump's phone call with Trudeau but acknowledged some of the President's conversations with his fore...

Jun 07 2018

Senate Democrats Look to Hammer GOP on Health Care

Meadows said, "We had good discussions on how you take a DACA population and make sure that they don't have to face deportation but also that ultimately how do they get a...

Jun 06 2018

Mexico Hits US With Retaliatory Tariffs

Mexico imported about $1 billion worth of pork previous year. Mexico on Tuesday released a more detailed list of specific United States products facing retaliatory im...

Jun 06 2018

Elon Musk to remain Tesla chairman after shareholder vote

Tesla failed to hit its Model 3 production deadline of 5,000 cars a week in December 2017 which has resulted the company not being able earn profit on the auto. "One o...

Jun 06 2018

Nicaragua bishops condemn attacks on protesters, Jesuit university

The country's Roman Catholic church hierarchy said in a statement Thursday that the violence showed that it couldn't yet resume a dialogue between protesters and Presiden...

Jun 06 2018

Oil rises on expected stockpile drop

It's not clear precisely how the request was communicated. Opec ministers from Saudi Arabia , the United Arab Emirates, Kuwait and Algeria along with their counterpart...

Jun 06 2018

IHOb? Pancake chain IHOP hints at name change

According to Monday's tweet , the company is changing the "P" to a "B". Guesses ranging from bacon to burritos were proposed. The company will announce the likely name...

Jun 06 2018

Ministers clear 21st Century Fox to buy Sky

Rupert Murdoch's Fox is attempting to buy the 61% of Sky that it does not already own, but the bid has been complicated by competition concerns, media plurality fears...

Jun 06 2018

DNA Testing Service MyHeritage Hacked

Compare this accountability with Equifax , which took six weeks to disclose its own devastating data breach; with LinkedIn , which took four years to tell people that m...

Jun 06 2018

Too difficult for women? How Qatar Airways CEO remarks stirred controversy

Mr Al Baker's response was met with gasps, boos and indignant responses from the media, with Qantas chief executive Alan Joyce reminding Mr Al Baker of his promise to ref...

Jun 06 2018

Petrol prices hit four-year high

The department confirmed that the price of petrol has been increased by 82 cents a litre for 95 and 93 ULP and between 85 and 87 cents a litre for both grades of diesel, ...

Jun 06 2018

David Koch, Billionaire Political Donor, Announces Retirement

After a previous meeting, China said it would make substantial increases in imports of usa agriculture and energy. Mexico will impose tariffs of 15 percent to 25 perc...

Jun 06 2018

Flight to Phoenix diverted to El Paso due to hail damage

Scariest flight of my life, ' one passenger tweeted of the ordeal. Esparaza said passengers observed lighting outside their windows during the flight and said it so...

Jun 06 2018

Google To End Military AI Drone Project

Google makes out that it is a happy family friendly brand, but the truth is that Google is a very brutal company and all Google cares about is money. "We believe that G...

Jun 05 2018

Winning Lotto Max Numbers

The ticket was sold at Tramore Service Station, Waterford Road, Tramore, Co Waterford. Four major Lotto Max winners in two consecutive draws in the Sault and Sault ar...

Jun 05 2018

Starbucks chairman Howard Schultz stepping down

In his letter, Schultz also credited the company with "balancing profitability and social conscience, compassion and rigor, and love and responsibility". Penney, as its n...