Stories about Finance

Jan 14 2019

Cadillac Takes Aim at Tesla With SUV Priced Below Model X

According to the company-issued report, this Cadillac EV will be based on GM's next-gen EV architecture. Steve Carlisle, President of Cadillac said , "Cadillac's EV wi...

Jan 14 2019

Zimbabwe police fire live rounds during general strike protests

Shops closed in downtown Harare as riot police patrolled the streets and a military helicopter flew over the capital. HARARE - Zimbabwean soldiers on Monday were deploy...

Jan 14 2019

PG&E seeks bankruptcy protection; Newsom urges utility to 'honor promises'

PG&E released a statement Sunday thanking Geisha Williams for her service. The Board of Directors has named John Simon Interim CEO. The board concluded that a Chapter 1...

Jan 14 2019

Musk revealed the real the new spacecraft, Starship

The firm announced that it would be parting ways with approximately 600 of its employees because of the "extraordinarily hard challenges ahead". Others said the sleek...

Jan 14 2019

Oil prices up with OPEC cuts, US-China trade talks

The Shanghai Composite index was up 0.6 percent at 2,550.35. Japan's Nikkei 225 index advanced 1 percent to 20,359.70 and South Korea's Kospi was 0.6 percent higher a...

Jan 13 2019

Aphria CEO Vic Neufield exits role as search begins for replacement

Vic Neufeld, along with co-founder Cole Cacciavillan, will " transition out of their executive roles over the coming months", Leamington, Ont. -based Aphria Inc . The c...

Jan 13 2019

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

Due to processor shortages and the trade war with China, shipments declined during the last quarter and across the whole of 2018. Demand should push forward into this ...

Jan 13 2019

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

Costco has sold out of its 27-pound tub of Mac and Cheese . Calling all mac-and-cheese lovers! Until they restock, check out some of the greatest mac and cheese recipe...

Jan 13 2019

Ocasio-Cortez criticized after failing to provide workers’ compensation coverage

Also pictured is Rep. Dina Titus, D-Nev., right. Meanwhile, Politico ran an article today claiming " Exasperated Democrats try to rein in Ocasio-Cortez", for which A...

Jan 13 2019

AT&T, T-Mobile And Verizon Vow To Stop Selling Location Data 01/14/2019

Motherboard paid a bond company $300 to track down one of their reporters using only a phone number. Sign up today to get wireless news and updates delivered to your i...

Jan 13 2019

Nissan's Carlos Ghosn indicted on two new charges

Kelly, a Ghosn ally, was hospitalized for treatment of a pre-existing neck problem after his release and has since been discharged, said his lawyer Yoichi Kitamura. "We a...

Jan 13 2019

Apple expected to release three new iPhones in 2019

It's not clear from the reports what Apple's purported third lens would bring to the table - although it may relate to Apple's AR ambitions . While sales of the iPh...

Jan 13 2019

Google tried to cover up sexual misconduct, alleges shareholder

The suit contends that Google found claims of sexual harassment against both men to be credible, but the board violated its duty to the company and wasted corpora...

Jan 13 2019

Australian retail sales receive a boost from Black Friday sales

The total retail sales value in November a year ago was about $3.8 billion. Australian retail turnover rose 0.4 per cent in November 2018, seasonally adjusted, accordin...

Jan 13 2019

SpaceX to lay off 10 percent of its workforce

Hawthorne-based SpaceX is offering a minimum of eight weeks' pay and other benefits to those affected, according to an email sent on Friday to employees by SpaceX preside...

Jan 12 2019

Jeff and MacKenzie in billion dollar split | Money Talks

Tweet by Jeff and Mackenzie Bezos announcing they will divorce, raising questions about their 16 percent stake in Amazon . It's quite obvious that there is no love l...

Jan 12 2019

Ford cost-cutting plans 'could lead to 1000 job losses at Bridgend plant'

The US giant said the moves would "strengthen" the Ford brand and create a "sustainably profitable business in Europe". Ford, which employs about 53,000 people in Eur...

Jan 12 2019

Apple stock loses $55 billion on China slowdown

Apple has been an absolute juggernaut in terms of sales, growth, revenue, and profit for shareholders. The news, which comes as a spotlight grows on Beijing's attempts ...

Jan 12 2019

Larry Ellison discloses $1B stake in Tesla

This move also follows a $2000 price cut across the lineup and a simplification of option packages and color selection for the Model S and Model X lineups. Then a...

Jan 12 2019

Jeff Bezos Divorce: Amazon CEO and Wife Mackenzie Bezos Announce Split

AMZN stock was largely unaffected by the Jeff Bezos divorce news. "Patrick and Lauren have been on and off for a while and have been separated". Jeff Bezos and ...