Economy

Facebook Was Concerned About Cambridge Analytica 4 Years Ago, Internal Emails Show

Facebook Was Concerned About Cambridge Analytica 4 Years Ago, Internal Emails Show

Facebook did not admit or deny the SEC's allegations as part of its settlement. Cambridge Analytica went on to work for Donald Trump's 2016 presidential campaign. According to Facebook , the first...

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China Warns US To Stop

China Warns US To Stop "Wrong" Trade Actions Or Face Consequences

China's commerce ministry said in a statement the United States should not misjudge the situation or underestimate the resolve of the Chinese people. The act gives presidents wide berth in regulatin...

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Amazon To Acquire 49% Of Future Coupons

Amazon To Acquire 49% Of Future Coupons

Amazon.com Inc. struck a deal that gives it the right to eventually buy a stake in India's Future Retail Ltd., as the US giant seeks to bolster its presence in one of the world's fastest-growing ret...

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The Yield Curve Inverted Again

The Yield Curve Inverted Again

Yields inverted nearly exactly a week ago and investors have grown increasingly anxious about the gauge, which has preceded the past seven recessions. That's because inversions of certain parts of the...

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USA retailer founder quits after affair with spy Maria Butina

USA retailer founder quits after affair with spy Maria Butina

In a statement titled " Overstock .com CEO Comments on Deep State , Withholds Further Comment", Byrne referred to federal agents as the " Men in Black " and said he assisted in investigations rel...

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Trans Mountain construction receives 30-day notice

Trans Mountain Corp. has directed some of its contractors to rehire the workers and complete the detailed work plans needed to begin construction of the stalled pipeline expansion project. The governm...

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Trump takes aim at automakers that ignored his emissions proposal

President Trump has said rolling back Obama-era rules governing vehicle pollution standards would help major automakers keep their auto prices down for consumers. The White House has urged other...

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Trump 'Orders' US Companies to Stop Manufacturing in China

Trump 'Orders' US Companies to Stop Manufacturing in China

In Europe, the biggest beneficiary is France , but overall countries on that continent will benefit the least out of the China-U.S. economic conflict. She is a special correspondent for us and she's ...

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Volkswagen denies interest in buying Tesla stake

Volkswagen denies interest in buying Tesla stake

The magazine also reported the Diess has attempted to explore a partnership with Tesla , but that Tesla had declined to discuss the issue. The report cited company sources who told the magazine t...

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Pembina buying Kinder Morgan Canada and US portion of Cochin pipeline

Pembina buying Kinder Morgan Canada and US portion of Cochin pipeline

Watching some historical volatility numbers on shares of Kinder Morgan, Inc . It improved, as 65 investors sold KMI shares while 250 reduced holdings. The stated figure of KMI displays a quarte...

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VW recalling roughly 117,000 cars in Canada over a rollaway risk

VW recalling roughly 117,000 cars in Canada over a rollaway risk

Since being swept up in the Dieselgate scandal, Volkswagen has made a lot of changes. "After the Beetle and the Golf , the ID.3 will usher in a new era for Volkswagen - electric, fully conn...

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I order U.S. companies to immediately look for an alternative to China

I order U.S. companies to immediately look for an alternative to China

The latest developments in the trade war have sent global financial markets tumbling. "Our Country has lost, stupidly, Trillions of Dollars with China over many years". And $300 billion in goods b...

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Gold reclaims $1,500 mark

Gold reclaims $1,500 mark

USA gold futures were down 0.2% at $1,512.90 an ounce. For example, Carsten Menke, an analyst at Julius Baer, ​​mentioned as aspects that favor the rise in the price of metal , the weakness of ...

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Inflation unchanged in July

Inflation unchanged in July

The Toronto-based lender said Wednesday it will now pay a quarterly dividend of $1.05 per share, up three cents or three per cent. Core inflation, a better gauge of underlying pressure, unexpectedly t...

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China Unveils New Tariffs as Trade War Escalates

The additional levies are set to roll out in two tranches. Some of the tariffs will take effect on September 1, the others on December 15, it said . Trump already imposed steep tariffs on $250 bi...

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FM announces Angel Tax relief for startups - ET BrandEquity

FM announces Angel Tax relief for startups - ET BrandEquity

Moving on to Infrastructure, Sitharaman also proposed to establish an organisation to provide credit enhancement for infrastructure and housing projects with an aim to enhance fund flows towards such ...

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Powell: Economy in Favorable Place, Faces Significant Risks

Powell: Economy in Favorable Place, Faces Significant Risks

European shares inched higher early on Friday, with all eyes on a speech by Federal Reserve Chief Jerome Powell for confirmation the USA central bank is still on course to deliver another cut in i...

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Congressman, Democratic Primary Candidate, Exits Race

Congressman, Democratic Primary Candidate, Exits Race

He says, "Though this campaign is not ending the way we hoped, I am leaving this race knowing that we raised issues that are vitally important to the American people and our future". Former Democratic...

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China to impose retaliatory tariffs on U.S. goods

China to impose retaliatory tariffs on U.S. goods

The White House offered no further details or explanation of Trump's intentions. "The vast amounts of money made and stolen by China from the United States , year after year, for decades, will and ...

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Gas prices expected to fall as summer ends

Gas prices expected to fall as summer ends

AAA says gas tends to be cheaper after Labor Day as people drive less and demands drop. Summer has come and will soon be gone, but don't get too sad-the new season is expected to bring lower gas pri...

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Splunk to buy cloud software firm SignalFx in US$1bn deal

Splunk to buy cloud software firm SignalFx in US$1bn deal

The acquisition of SignalFx boosts its presence in the application performance monitoring market, allowing it to go neck and neck with the industry leaders Cisco AppDynamics and Dynatrace . This wi...

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HK property developer acquires Greene King

HK property developer acquires Greene King

Greene King shares 50% to 847p on Monday afternoon. But Canaccord Genuity wondered if there was still a possible counter-bidder to be flushed out, noting that it had long held the view that the m...

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Surprise Crude Draw Fails To Send Oil Higher

Surprise Crude Draw Fails To Send Oil Higher

According to the EIA, for the United States and Russian Federation, petroleum and natural gas production is nearly evenly split. Petroleum production is composed of crude and lease condensate, nat...

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3 new cannabis stores coming to Niagara Region

Another proposed store location is identified as 625 Trunk Road and coincides with three other applicants including an Ontario Inc. numbered company, Ofir Radovitsky and Norman Arias-Blanco. He expe...

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US States Are Reportedly Launching an Antitrust Investigation into Tech Giants

US States Are Reportedly Launching an Antitrust Investigation into Tech Giants

It didn't name, names but the wording left no doubt that the subjects included Alphabet , Facebook , Amazon , and Apple . Not only will the likes of Apple, Google , Facebook, and Amazon have to gird ...

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Donald Trump seen rallying G7 members against China at France meet

Donald Trump seen rallying G7 members against China at France meet

The comments echoed remarks he made the day prior, while speaking with reporters after a meeting with Romanian President Klaus Iohannis, who was visiting the White House. U.S. and Chinese negotiator...

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Lowe's earnings, sales beat Street

Lowe's earnings, sales beat Street

Meanwhile, Macy's said last week that its shoppers don't have an appetite for higher prices in a ballooning USA trade war with China. Analysts had expected earnings of $2.00 a share. Lowe's Companie...

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Would be happy to leave rates here now — Fed's George

Would be happy to leave rates here now — Fed's George

Markets remain tepid as the anticipation remains on Jackson Hole for the most part. At the same time, he can't overpromise and risk further turmoil. The big takeaways from the revision, according t...

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New Mercedes EQV Is The Cool Van Tesla Doesn't Have

New Mercedes EQV Is The Cool Van Tesla Doesn't Have

As with the V-Class, customers can choose between two lengths and two wheelbases: 5,140 or 5,370 millimeters with 3,200 or 3,430 millimeters. There are also unique 18-inch wheels and a charging port a...

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Qantas to run test flights on world's longest route

Qantas to run test flights on world's longest route

Qantas will operate three non-stop "research flights" from London and NY to Sydney to help it weigh up the viability of adding the ultra-long haul routes to its network. Competition in the ultra-lon...

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Greene King agrees £2.7bn sale to Hong Kong's CKA

Greene King agrees £2.7bn sale to Hong Kong's CKA

The boards of CK Noble (UK) and Greene King have reached an agreement on the terms of a cash offer by the former for the entire issued and to be issued share capital of the latter not already owned ...

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Del Monte to close corn-packing plant in Mendota

Del Monte to close corn-packing plant in Mendota

In addition to the plant in Sleepy Eye, the company will end production at its Mendota, Ill., plant, and sell its facilities in Cambria, Wis., and Crystal City, Texas. "Sleepy Eye will miss this plant...

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United Kingdom tech firms attract record £5.5bn in foreign investment

United Kingdom tech firms attract record £5.5bn in foreign investment

Industry players say lower valuations in the United Kingdom due to the weaker pound are attracting investors to the sector. Meanwhile, the U.S. trade war with China is also making the United Kingdom...

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Amazon opens Hyderabad campus

Amazon opens Hyderabad campus

Amazon now has 4 million sq ft office space at eight centres in Hyderabad , excluding the fulfillment centre. The facility will have the largest employee base outside the US. Spread over 400,000 sq...

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Trump touts economy but payroll tax discussion reveals recession fears

Trump touts economy but payroll tax discussion reveals recession fears

Yet he also suggested those actions aren't necessary. "Whether or not we do it now or not is-it's not being done because of recession", he said. Trump discusses the US economy ahead of meeting with ...

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