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...