Economy

2 of Uber's top executives have left the company

2 of Uber's top executives have left the company

As Uber CEO Dara Khosrowshahi seeks to take more control of the company's operations, the ride hailing major's Chief Operating Officer Barney Harford and Chief Marketing Officer Rebecca Messina are ...

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Bitfinex denies role in spooky transfer of $1.37 million in stolen Bitcoin

Bitfinex denies role in spooky transfer of $1.37 million in stolen Bitcoin

The movements were first spotted by the Whale Alert Twitter account, which essentially tweets whenever a large cryptocurrency transaction is made. A total of six transactions were recorded, totaling...

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Trump says tariff threat remains if Mexico falls short on pledges

Trump says tariff threat remains if Mexico falls short on pledges

Trump said on Thursday he would decide later this month whether to hit Beijing with tariffs on an additional list of $300 billion in Chinese goods. Lamy has criticized Trump's use of tariffs in the pa...

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Homeland Security secretary: Mexico's guard border deployment is 'new'

Homeland Security secretary: Mexico's guard border deployment is 'new'

President Trump compared his record to that of former President Barack Obama while defending his new deal with Mexico to reduce illegal immigration , and in Trump's opinion, it's no contest. Howev...

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Ontario to allow nearly 300 more stores to sell alcohol, province says

Ontario to allow nearly 300 more stores to sell alcohol, province says

The government announcement did not include projected opening dates for each location, but said up to 60 new LCBO outlets will open across the province in August, with all 200 new openings to be compl...

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May jobs report: Hiring slowed down in May, just 75,000 jobs added

May jobs report: Hiring slowed down in May, just 75,000 jobs added

Employers have added 164,000 jobs per month on average in 2019, compared with 223,000 jobs per month previous year. The government also revised down the job growth for March and April by a combine...

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UK clamps down on banks' high overdraft charges

UK clamps down on banks' high overdraft charges

People living in deprived areas were more likely to be affected by these fees. The Financial Conduct Authority said Friday it is overhauling the rules on how much money banks can charge consumers ...

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Facebook may debut cryptocurrency project this month

Facebook may debut cryptocurrency project this month

Quoting a report by The Information , CNBCreported on June 5, 2019, that Facebook Inc.is expected to introduce its in-house cryptocurrency toward the end of June 2019. Third-party organizations...

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Major miners reveal tailings dam data, action plans following disasters

Major miners reveal tailings dam data, action plans following disasters

Dozens of mining waste dams pose extreme risks of loss of life and irreparable environmental damage if they collapse, their operators have revealed. The collapse of Vale SA's Brumadinho dam in Brazi...

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Kroger brand frozen berries recalled over Hepatitis A concerns

Kroger brand frozen berries recalled over Hepatitis A concerns

The FDA is working with the manufacturer on this matter and is continuing to investigate to determine whether there are other implicated products. The items that were recalled include: the frozen tr...

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European stock markets give ECB update a mixed response

European stock markets give ECB update a mixed response

In a news conference on Thursday, ECB President Mario Draghi said the risks still pointed to the "downside", citing risks from protectionism, troubles in emerging markets, and uncertainty about ho...

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Trump Announces Deal With Mexico Averting Tariffs

Trump Announces Deal With Mexico Averting Tariffs

The announcement came just hours after Trump returned from a five-day trip to Europe, during which Mexican and U.S. officials negotiated in Washington. A migration official checks passengers on a bus,...

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Pompeo hails Mexico's work to avert tariffs

Pompeo hails Mexico's work to avert tariffs

The United States and Mexico have reached a deal to avert a tariff war, with Mexico pledging to take "strong measures" to contain the migration of mostly Central Americans crossing the southern U.S....

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Venezuela partially opens border with Colombia that was shut in February

Venezuela partially opens border with Colombia that was shut in February

The South American nation's socialist government ordered the borders with Aruba, Bonaire, Curacao, Brazil and Colombia closed in February as the opposition tried to deliver food and medical supplies...

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One Mega Millions ticket wins $530 million jackpot

One Mega Millions ticket wins $530 million jackpot

The jackpot had been rolling since it was last won in Missouri on March 12. There were two other tickets sold with five numbers, but missing the Mega number. The next drawing is Tuesday, when the ...

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Uber launches on-demand helicopter service in NY

Uber launches on-demand helicopter service in NY

Uber is rolling out Uber Copter service for its Uber Reward Platinum and Diamond cardholders, offering the top-tier members an 8-minute helicopter ride to or from the Downtown Manhattan Heliport ne...

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Italy faces threat of EU sanctions over high debt, deficit

Italy faces threat of EU sanctions over high debt, deficit

Brussels estimates that Italy paid previous year 65 billion euros ($73.3 billion) in interest on its debt, "as much as for the entire education system", Dombrovskis said. Prime Minister Giuseppe Cont...

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House Judiciary Committee launches anti-trust probe into tech giants

House Judiciary Committee launches anti-trust probe into tech giants

Streaming music leader Spotify Technology SA and others have criticized the iPhone maker's practices, describing the company as anti-competitive in a complaint to the European Union's antitrust regula...

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Oil jumps 2% helped by Falih comment on prices

Oil jumps 2% helped by Falih comment on prices

The two sides will discuss its policy at a highly anticipated meeting later this month or in early July. WTI kept the composure today after Saudi Energy Minister said the oil cartel has already ...

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London to get 'death-defying' infinity pool with 360-degree views

London to get 'death-defying' infinity pool with 360-degree views

The only thing that would make an infinity pool even more, well, infinite would be if it had 360 degree views. and was perched atop a skyscraper in the middle of London . The pool will also be kitt...

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FedEx not renewing shipping contract with Amazon

FedEx not renewing shipping contract with Amazon

Amazon's emergence as a logistics giant has posed a costly challenge to FedEx and United Parcel Service Inc.by stepping up pressure for faster deliveries. Amazon has been expanding its fleet of planes...

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Walmart announces in-home delivery, will bring groceries right to your fridge

Walmart announces in-home delivery, will bring groceries right to your fridge

With InHome Delivery , customers place a grocery order and select InHome Delivery. Walmart will also use smart entry technology and a proprietary, wearable camera to access shoppers' homes, the c...

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Microsoft, Oracle join hands to take on AWS Cloud

Microsoft, Oracle join hands to take on AWS Cloud

As part of the deal, these enterprises can connect Azure services to Oracle cloud services , so it's now possible to use Analytics and AI with Oracle's Autonomous Database by dividing the workloa...

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Local places offering deals for National Doughnut Day

Local places offering deals for National Doughnut Day

Just take note that there is a limit of one free donut per person, with some 4,000 Walmart stores nationwide getting in on the giveaway. Act fast as free donuts available while supplies last. That...

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Huawei blocked from installing Facebook, Instagram and WhatsApp on new phones

Huawei blocked from installing Facebook, Instagram and WhatsApp on new phones

Facebook et al can still be downloaded manually from the Google Play Store (for as long as there's still access), but it's not clear if the replacement Huawei Store (currently under construction) w...

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Subaru And Toyota Join Forces For Major New Project

Subaru And Toyota Join Forces For Major New Project

Toyota's electric vehicle programme will start next year, when the firm will launch electric versions of the Toyota C-HR and sister Izoa in China, alongside a Japan-only two-seat city auto. In April,...

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Australia: Modest increase in Q1 GDP - ANZ

Despite the modest acceleration in the economy to start the year, growth over the year still slowed to 1.8%, the weakest expansion since the September quarter of 2009, the tail-end of the GFC. Meanwhi...

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China fines Ford's Changan JV $24 million for violating anti-monopoly law

China fines Ford's Changan JV $24 million for violating anti-monopoly law

Changan Ford Automobile, the tie-up between China's Changan Automobile and US carmaker Ford, had been restricting the low end of its dealers' sales prices since 2013 in the southwestern city of Chongq...

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S Jaishankar To Visit Bhutan, His First Overseas Trip As Foreign Minister

S Jaishankar To Visit Bhutan, His First Overseas Trip As Foreign Minister

Responding to a question about the ongoing US-China trade war, India's foreign minister said, "Frankly, in every clash, there is an opportunity". I don't deny that. The government of India, led by new...

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China issues 5G licenses to four local firms

China issues 5G licenses to four local firms

Director General, Rajan Mathews told PTI that it is for the government to decide on whether Huawei telecom gear will be allowed in 5G networks, but an early decision on the matter would help opera...

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Trump says verdict on new China tariffs to come after G20

Trump says verdict on new China tariffs to come after G20

But he noted that Trump regularly talks about the trade deficit regarding import and export of goods. President Trump on Thursday upped the ante on China, saying he'll decide by the end of the month...

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Aviva's new CEO to split company and cut 1800 jobs

Aviva's new CEO to split company and cut 1800 jobs

The provider said in a statement that it will "look to ensure that redundancies are kept to a minimum wherever possible, for example through natural turnover". Mr Tulloch - who took over from former b...

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FCA Withdraws Renault Merger Offer, Blames French Government for Stalling Deal

FCA Withdraws Renault Merger Offer, Blames French Government for Stalling Deal

Merger negotiations between Renault and Fiat-Chrysler had reached a point where continuing would be "unreasonable", the Italian-American carmaker's boss John Elkann said on Thursday after the talks'...

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Shares of Canada Rare Earth Corp (LL.V) Below Chikou — Signal Focus

Shares of Canada Rare Earth Corp (LL.V) Below Chikou — Signal Focus

Individual investors are constantly hearing about the next hot stock to buy. Whether they want to study the fundamentals, technicals, or both, finding quality stocks may be at the forefront of the sea...

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Carnival to pay $20M for cruise pollution

Coast Guard through a back channel, failing to give enough authority to the company's environmental compliance officer, rushing to clean up ships ahead of visits by a court-appointed monitor, and dump...

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