Stories about Finance
Jan 27 2019
US Oil Output Set To Cool Into 2019
It goes without saying that as far as the capacity to exploit oil is concerned, Saudi Arabia continues to be the world's undisputed main producer with the ability to pump...
Jan 27 2019
Chipmakers, airlines lift Nasdaq; trade worries stall S&P, Dow
Commerce Secretary Wilbur Ross said the United States and China were a long way from resolving their trade dispute, while a rally in chipmakers lifted the Nasdaq. Minin...
Jan 27 2019
Whole Foods recalls food items containing baby spinach over salmonella fears
Whole Foods is voluntarily recalling various prepared food items following a baby spinach recall from Satur Farms over a possible salmonella contamination. Most healthy...
Jan 27 2019
Venezuelan military official breaks with Nicolas Maduro, backs opposition
The United States has urged all nations to support Venezuela's Opposition Leader Juan Guaido, while Russian Federation has accused the Trump administration of attempting ...
Jan 27 2019
200 missing, 7 dead after Brazil dam burst
It is not clear what caused the failure of the dam, owned by Brazil's largest mining company, Vale. Many residents have also been evacuated as emergency workers deal with...
Jan 27 2019
Honda Urban EV on sale THIS year
However, the yet-unnamed EV has a curvier body compared to the retro, Civic hatchback-esque show vehicle. A sign of the times comes from Honda's Korean rival Kia which ...
Jan 27 2019
Deadly California fire caused by homeowner equipment, investigators say
PG&E's chief executive recently resigned and Chairman Richard Kelly said the company is committed to "further change" and searching for a new leader with "extensive op...
Jan 27 2019
British Airways owner bails out of Norwegian
The London-listed company, which also owns Aer Lingus and budged airlines Vueling and Level, took up a 4.61-percent ownership position in Norwegian in April previous year...
Jan 26 2019
Oil Prices Rise as US Threatens Sanctions against Venezuela
Meanwhile, the Energy Information Administration reported Thursday that domestic crude supplies climbed by 8 million barrels for the week ended January 18, a two-mont...
Jan 26 2019
Twitter Co-Founder Says Zuckerberg 'Killed Goat With Laser Gun'
In an interview with Rolling Stone this week, Dorsey explained his "most memorable" experience with Zuckerberg . On being asked how Zuckerberg arranged the whole th...
Jan 26 2019
VanEck SolidX Bitcoin ETF Proposal Has Been Withdrawn
Bitcoin did experience a modest pullback once the news of the withdrawal started circulating, but it has been trading in a very narrow $3,620 - $3,570 range during the...
Jan 26 2019
Unemployment rate falls as part-time work spikes
TD Securities chief economist Annette Beacher tells Ross Greenwood it's a "balanced labour market". "Over the past year, trend employment increased by 284,100 persons [...
Jan 26 2019
Memos: Facebook allowed 'friendly fraud' to profit from kids
Facebook is once again in the news, and not in a good way, according to a report citing court documents . The lawsuit that led to the release of the documents was even...
Jan 26 2019
How to help government workers survive the shutdown
Cliff Van Leuven said that the workers' perseverance is helping keep wait times for airport security screening in check. If you have been flying recently you probably n...
Jan 26 2019
Brexit: People's Vote drops plan to put referendum to Commons vote
They conceded they had little chance of getting a referendum without Jeremy Corbyn telling Labour MPs to back it. The amendment calls on the government to back Labo...
Jan 26 2019
BuzzFeed to cut 15% of jobs in latest digital-media retrenchment
Verizon also said Wednesday that it is cutting about 800 jobs in its media division, which includes Yahoo and HuffPost . The cuts will affect BuzzFeed's news ope...
Jan 26 2019
In southern Australian weather heatwave at the highest temperature
Adelaide, the state capital of South Australia , recorded the highest ever temperature in a major Australian city as the heat peaked at 46.6 degrees. Hot weather that br...
Jan 26 2019
Brazil Dam collapse: 200 people missing after devastating dam burst
The Rio de Janeiro-based company said the accident occurred Friday afternoon , adding the leaked tailings from the Feijão mine had spread into the mine's administrative ...
Jan 26 2019
Walmart raises salaries for truck drivers to nearly $90k
The retail corporation hired on more than 1,400 new drivers in 2018 and plans to hire hundreds more in 2019. The pay for drivers will increase by one cent per mile to a...
Jan 26 2019
Renault boss Carlos Ghosn has resigned, French minister says
Nissan is wary of any such moves. The 64-year-old Ghosn was arrested on November 19 last year on the allegations of financial misconduct. Nissan welcomed the leade...