Economy

U.S. May Raise Tariffs to 25% on China

Washington is preparing to also impose tariffs on an extra $16 billion of goods in coming weeks, and Trump has warned he may ultimately put them on over half a trillion dollars of goods - roughly the ...

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UN finds proof of Iran link to Houthi missiles

UN finds proof of Iran link to Houthi missiles

The Emirati armed forces say Houthi rebels used these Iranian-made anti-tank missiles, seen on June 19, 2018 in Abu Dhabi, in Yemen in battles against the coalition forces led by the UAE and Saudi Ar...

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Chipotle reopens Powell, Ohio eatery possibly linked to illnesses

The health department said the restaurant is under investigation, according to BusinessInsider , which first reported the incident. The Powell outlet said in a phone call that it was working to get...

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OnePlus surpasses Samsung, Apple in growing Indian smartphone market

Even Samsung's arch rival, Apple , had a weak quarter with market share dropping to 14% - its lowest ever in the country. OnePlus, the experimental subsidiary of Oppo , has its latest model One...

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U.S. considers increasing planned tariffs on $270b in Chinese imports

Concerned that the U.S.'s tariffs on Chinese imports still haven't had the desired effect of getting the Chinese to cave in to American trade demands, the Trump administration is reportedly consider...

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Brent crude set for biggest monthly drop since 2016

Oil fell on Tuesday and Brent futures were on track for their largest monthly decline in two years after a survey showed OPEC's output hit a 2018 high in July, reigniting concern about supply swampin...

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RBI hikes lending rate, loans likely to become dearer

This the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy meetings. In its last revision, on August 2, 2017, rates were cut by 25 basis points to...

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Mirror and Express owner Reach reports loss on regional slump

Mirror and Express owner Reach reports loss on regional slump

The financial fillip came in Reach's half yearly report for the 26 weeks to 1 July, the first results to be published since the Express and Star titles were brought into its fold back in February....

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MoviePass Hikes Prices, Limits Access to Blockbusters

More bad signs followed as MoviePass briefly killed the unlimited movie plan, and announced subscribers would no longer be able to see the same film a few times. MoviePass already did that with...

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RBI hikes repo rates by 25 basis points

Rising trade tensions, accelerating crude oil prices, slowing economic activity, rising retail inflation were the major reasons behind the hike in repo rate . That was the first increase since Januar...

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Gay Couple Separated On Flight So Straight Couple Could Sit Together

Last year, a NY family said they were denied family boarding privileges on a Southwest Airlines flight because the parents are a same-sex couple. "It's our policy to keep all families seated toget...

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JLR drags Tata Motors to Rs. 1,863 cr. loss, biggest since 2009

JLR drags Tata Motors to Rs. 1,863 cr. loss, biggest since 2009

JLR was hurt by China's import duty cut effective July 1, which led to "lower wholesales" ahead of the reduction, as well as market issues like diesel concerns in the United Kingdom and Europe. The ...

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U.S. Revokes Visas Of Nicaraguan Officials Over Violence Against Protesters

U.S. Revokes Visas Of Nicaraguan Officials Over Violence Against Protesters

Panama, Mexico and the United States also saw a rise in claims by Nicaraguans in the first half of this year, but the numbers in these countries are still in the low hundreds, according to the UNHCR. ...

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China's Huawei passes Apple in smartphone share for first time

China's Huawei passes Apple in smartphone share for first time

The arrival of Huawei in the second position marks the first quarter since 2Q10 where Apple has not been the number one or two smartphone company in terms of market share. With likes of OPPO, Hua...

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Apple stock rises after hours on blockbuster earnings report

Apple stock rises after hours on blockbuster earnings report

The news sent Apple stock up as much as 3 percent after the market closed, pushing the company's market cap ever closer to the coveted $1 trillion mark. Luckily, a long-underappreciated Apple divi...

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Ladbrokes owner in $200m talks with Las Vegas casino giant MGM Resorts

Thanks to MGM's casino portfolio, including Nevada , New Jersey and NY, and its new deal with Boyd, following the opening of MGM Springfield in MA next month the JV will have a clear path to access...

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MoviePass will not let subscribers watch some big new releases

MoviePass' owner, Helios and Matheson Analytics , closed below $1 on Monday, less than a week after the company underwent a reverse stock split to boost its share price. While it would be ideal fo...

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Thomas Cook cancels trips to captive killer whale attractions

Thomas Cook cancels trips to captive killer whale attractions

Boss Peter Fankhauser said the decision to remove two attractions - SeaWorld and Loro Park - next summer was not one he took lightly. But, he said: "I am clear about the kind of business that we wan...

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Harley-Davidson unveils new range of electric motorbikes and an electric bicycle

Harley-Davidson unveils new range of electric motorbikes and an electric bicycle

US-based cruiser bike specialist Harley-Davidson Monday said it will develop a small displacement motorcycle for Asia primarily targeted at Indian buyers. The new streetfighter line will have models...

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IBM, Barclays and Citigroup are building a blockchain-based app store

IBM, Barclays and Citigroup are building a blockchain-based app store

LedgerConnect - which is based on a model similar to that of consumer app stores - aims to make it easier and cheaper for financial firms to use blockchain-based software. LedgerConnect runs partly on...

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Split concerns force Durex to recall some condoms in UK and Ireland

Split concerns force Durex to recall some condoms in UK and Ireland

A statement on Durex's website said: "Our condoms are meant to provide a method of contraception and prevent the transmission of sexually transmitted infections through a non-latex barrier that offe...

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Uber to stop developing self-driving trucks

Uber to stop developing self-driving trucks

The ride-hailing company suspended its self-driving auto tests in March after one of the vehicles struck and killed a woman in Tempe, Arizona. In the U.S., the government has voluntary guidelines fo...

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McDonald's unveils MacCoin to celebrate Big Mac's 50th anniversary

McDonald's unveils MacCoin to celebrate Big Mac's 50th anniversary

The company is celebrating the 1968 national launch of the double-decker sandwich whose ingredients of "two all-beef patties, special sauce, lettuce, cheese, pickles, onions and a sesame seed bun" wer...

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Tesla surfboards quickly sell out for thousands online

Tesla surfboards quickly sell out for thousands online

It's surfboards. Yes, Tesla wants to sell you a wave rider. Earlier this year, Mr Musk's tunnel construction business The Boring Company sold 20,000 flamethrowers and 50,000 hats in a bid to...

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Why Netflix, Google and LinkedIn are rallying to employ a homeless man

Why Netflix, Google and LinkedIn are rallying to employ a homeless man

Casarez said he has been approached by several companies in the Bay Area and other places since the woman's post blew up on Twitter . Scofield's tweet went viral , racking up hundreds of thousan...

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United States stocks close higher amid earnings

United States stocks close higher amid earnings

Technology companies led a slide in US stocks Friday, adding to the market's losses from another tech-driven sell-off a day earlier. Investors noted that strong corporate earnings have helped prop...

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Chipotle Mexican Grill, Inc. Earnings Ahead: Quick Glance

Chipotle Mexican Grill, Inc. Earnings Ahead: Quick Glance

Analysts pass on shares a rating of 1 or 2 would be signifying a Buy. Hightower Advisors Limited Liability Com stated it has 2,366 shares. Guggenheim Capital LLC boosted its holdings in Chipotle Mex...

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European Union Agrees to Buy More US Soybeans

European Union Agrees to Buy More US Soybeans

We also want to resolve the steel and aluminium tariff issues and retaliatory tariffs. For U.S. companies doing business within the European Union, the news to reduce trade barriers holds signific...

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Disney's acquisition of Fox entertainment gains shareholder approval

Disney's acquisition of Fox entertainment gains shareholder approval

The U.S. Department of Justice has already approved Disney's acquisition , provided the media and entertainment company divest the 22 regional sports networks it was set to gain in the deal. Howe...

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Electric scooters return to Denver sidewalks

Electric scooters return to Denver sidewalks

Culver City has become the latest Southern California community to introduce shareable electric scooters. To operate a scooter, users must download the Bird app. For more information on picking up...

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Bride fires bridesmaid, JetBlue offers full refund

Bride fires bridesmaid, JetBlue offers full refund

MBA Dartmouth Business School candidate Courtney Duffy suddenly no longer needed to fly cross-country to a wedding after her so-called "pal", the bride, axed her from the bridal party lineup at the ...

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Tech Podcast: Zuckerberg's riches take a hit as Facebook stock plunges : Bulletin

Tech Podcast: Zuckerberg's riches take a hit as Facebook stock plunges : Bulletin

The $15.8 billion in net worth that Zuckerberg stands to lose in the move is equal to the wealth of the world's 81st-richest person, now Japanese businessman Takemitsu Takizaki, according to Forbes re...

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Canada, Mexico say free trade deal must include US

Canada, Mexico say free trade deal must include US

Mexican President Enrique Pena Nieto on Wednesday called on the members of the North American Free Trade Agreement (NAFTA) to reach a deal soon. -EU agreement was announced, and said in response...

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Friday only! $1 for dozen Krispy Kreme doughnuts

Friday only! $1 for dozen Krispy Kreme doughnuts

We're celebrating our birthday Friday, July 27, but WE have a gift for YOU! On Friday, the chain is launching the Glazed Confetti doughnut. "In addition to offering a delicious dollar deal on an e...

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Plane's Dirty Socks Odor Causes Flight's Diversion to South Carolina

Plane's Dirty Socks Odor Causes Flight's Diversion to South Carolina

Several passengers on a Spirit Airlines flight from NY to Florida had to be examined by a medical crew after an emergency landing Thursday night. "That kind of smell", passenger Steven Costello said...

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