Economy

Google sued by ACCC after allegedly misleading customers over location data collection

Google sued by ACCC after allegedly misleading customers over location data collection

The Australian Competition and Consumer Commission accused Google of collecting information on users' whereabouts even after they had switched off the location setting. Automated searches of the local...

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America's largest private coal miner files for bankruptcy

America's largest private coal miner files for bankruptcy

Founder Bob Murray will become chairman of the board. West Virginia Senate President Mitch Carmichael said the bankruptcy filing was surprising even with the evident struggles in the coal business, ...

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US consumer confidence falls for third consecutive month

US consumer confidence falls for third consecutive month

The Expectations Index - based on consumers' short-term outlook for income, business and labor market conditions - declined from 96.8 last month to 94.9 this month. Consumers' assessment of current co...

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Amazon offering free grocery delivery for Prime members

Amazon offering free grocery delivery for Prime members

The portal will have one- and two-hour delivery windows and include grocery delivery from services like Amazon Fresh and Whole Foods Market , the company said . "Grocery delivery is one of the fast...

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Fiat Chrysler, Peugeot in merger talks to create $50bn firm

Fiat Chrysler shares rose sharply after the report and were up more than 7% in late afternoon trading. The companies and the French government had no comment. Fiat Chrysler is under increasing press...

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Oil falls on weak Chinese industrial data

Oil falls on weak Chinese industrial data

WTI and Brent crude extended falls after a weekly loss, erasing 0.47 percent and 0.46 dollar, respectively. Renewed trade optimism supports crude oil prices on Monday. Meanwhile, Genscape Inc. s...

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Lyft offering free rides so people can go to job interviews

Lyft offering free rides so people can go to job interviews

The ride-sharing app's Jobs Access Program is a new initiative that aims to close short-term transportation gaps related to employment access and job training. "There are roughly two million people li...

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Stock markets head higher at late-morning; Loonie edges up

Stock markets head higher at late-morning; Loonie edges up

It'll also take care of a lot of the banking needs'. The S&P 500 opens at record highs, stoked by positive reactions to corporate news, expectations for the Fed to issue a rate cut on Wednesday, and...

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Google parent company falls short on 3rd quarter profit

Google parent company falls short on 3rd quarter profit

Alphabet shares have underperformed relative to some peers, rising 17% in the last 12 months entering Monday, compared with a 33% gain for Microsoft MSFT.O and 29% for Facebook FB.O . But cloud-comput...

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NSW Digital Drivers Licences are now live through the Service NSW app

NSW Digital Drivers Licences are now live through the Service NSW app

Carry your plastic card if you plan to travel overseas or interstate and as a backup to your digital driver licence, ' the Service NSW website warns. NSW has been trialling digital licences for n...

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"appreciate" winning JEDI contract- statement

After months of wrangling over the bidding process, tech giant Microsoft has landed the job to develop the Pentagon's multi-billion dollar "war cloud " storage system, a contract many assumed would...

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Asia Gold Steady, Fed is Expected to Cut Interest Rates

Asia Gold Steady, Fed is Expected to Cut Interest Rates

The CSI300 of blue-chip mainland China shares was up 0.8%. President Trump last week said the U.S. is doing very well in its trade negotiations with China and that China wants to make a deal " ver...

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Popeyes announces when its vaunted chicken sandwich will return

Popeyes announces when its vaunted chicken sandwich will return

Will Popeyes sell out of Chicken Sandwich for a second time? Popeyes debuted the sandwich in August to rave reviews. Nearly immediately after Popeyes started selling the sandwich on August 1...

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Branson's Virgin Galactic space venture starts trading on NYSE

Branson's Virgin Galactic space venture starts trading on NYSE

The new company will trade on the NYSE under the ticker symbol SPCE . The company's test flight program was delayed due to a fatal accident in 2014 , which killed one pilot, injured another and dest...

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South Korea no longer wants to be treated as 'developing country'

South Korea no longer wants to be treated as 'developing country'

The decision follows a complaint by the United States . Finance Minister Hong Nam-ki said on Friday the government made the decision given Korea's global economic status with a per capita national ...

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Intel Shares Rise on Q3 Beat

Intel Shares Rise on Q3 Beat

But it grew more, and the company "didn't anticipate that sort of explosive growth three years ago", Swan said. Intel recorded a flat growth in net revenue at $19. Intel attributed its stellar pe...

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French luxury group LVMH offers to buy U.S jeweller Tiffany

French luxury group LVMH offers to buy U.S jeweller Tiffany

The announcement by LVMH came after media reports that the firm had submitted a preliminary, non-binding offer to Tiffany earlier this month. The French luxury group LVMH has confirmed it has made a...

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Incumbent president concedes defeat in Argentine presidential election

Incumbent president concedes defeat in Argentine presidential election

Fernández now looks set to take over Macri's mantle - as well as ongoing negotiations with creditors, including the International Monetary Fund, about restructuring over $100 billion in sovereign debt...

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HSBC to speed up remodelling plans as profits drop by a fifth

HSBC to speed up remodelling plans as profits drop by a fifth

Net profit fell by almost a quarter to $3bn (£2.3bn) and revenue slipped 3.2pc to $13.4bn, missing City forecasts. Interim chief executive Noel Quinn said that "parts of the business, especially in ...

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UAW at GM’s Parma Metal Center approve contract after national monthlong strike

UAW at GM’s Parma Metal Center approve contract after national monthlong strike

In Flint, 60.9% of UAW Local 598 members voted yes and 39.1% voted no, but the number of yes and no votes were not posted. The nationwide votes are expected to be announced on Friday. The contract...

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Best Buy takes on Amazon with free next-day deliveries

Best Buy takes on Amazon with free next-day deliveries

Plenty of consumer electronics, from tablets to headphones, are included, although as specified on BestBuy.com there is a $35 minimum purchase to qualify for free next-day delivery, and bigger items...

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World Bank counts Pakistan among most improved in Doing Business

World Bank counts Pakistan among most improved in Doing Business

In a development that will greatly improve Islamabad's image overseas, Pakistan has jumped up 28 places on the World Bank's Ease of Doing Business Index and secured a place among the top 10 countrie...

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Nissan Ariya crossover concept is a bolder new take on Nissan EVs

Nissan Ariya crossover concept is a bolder new take on Nissan EVs

The Ariya concept already features the latest version of Nissan's award-winning ProPILOT 2.0 driver assistance system that allows hands-off single-lane driving. The Ariya rides on 21-inch wheels hou...

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US Mints More Than Half of World's New Millionaires

US Mints More Than Half of World's New Millionaires

The amount of growth in the millionaire class continues to grow in the United States as well. America's widening wealth gap won't just affect its number of wealthy citizens - it could have detriment...

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China beats out US with highest number of 'unicorn' startups

China beats out US with highest number of 'unicorn' startups

The most valued FinTech unicorn is Ant Financial (US$150 billion), followed by Lufax (US$38 billion) and Stripe (US$23 billion). The report named American venture capital firm Sequoia as the most ...

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Subaru Levorg Introduced With New 1.8-liter Turbo Boxer Engine

Subaru Levorg Introduced With New 1.8-liter Turbo Boxer Engine

One particular focus of the new Levorg is safety, with a handful of new technology aiming to make the wagon a safer place to be. While not announced, we wouldn't be surprised if it gets an upgraded ...

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Tesla surges as Musk's cost cuts pay off with surprise profit

Tesla surges as Musk's cost cuts pay off with surprise profit

Tesla delivers a pleasant surprise, raising hopes the company has finally turned a corner. Wall Street analysts anticipated a loss, but the company reported its first profitable quarter of the year-...

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Cabinet Approves Merger of BSNL and MTNL as Part of Revival Plan

Cabinet Approves Merger of BSNL and MTNL as Part of Revival Plan

MTNL operates in Delhi and Mumbai, and BSNL in the rest of India. The package includes raising of Rs 15,000 crore sovereign bonds to meet the immediate capital requirement of both the companies, 4G ...

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Caterpillar pares back full-year earnings forecasts and posts meager 3Q results

Caterpillar pares back full-year earnings forecasts and posts meager 3Q results

In related news, General Counsel Suzette M. Long sold 5,019 shares of the company's stock in a transaction dated Monday, September 30th. Cahill Financial Advisors Inc. ( CAT)? - Yahoo Finance" publis...

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Air New Zealand Adds Newark, Ends London to Los Angeles Segment

Air New Zealand Adds Newark, Ends London to Los Angeles Segment

Well, Air New Zealand has today announced it will launch a non-stop service between Auckland and NY in October next year. "Mr McDowall said the hardest aspect of the decision "...is the impact on Ai...

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China plans to replace Hong Kong leader as authorities withdraw extradition bill

China plans to replace Hong Kong leader as authorities withdraw extradition bill

In the days leading up to his release, Hong Kong and Taiwan feuded over his case after Lam said Chan had offered to return voluntarily to Taiwan. Hong Kong security chief John Lee said Wednesd...

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But IBM disagrees: Google claims it has achieved 'quantum supremacy

But IBM disagrees: Google claims it has achieved 'quantum supremacy

IBM has been raining on Google's parade by claiming that a traditional supercomputer can actually pull off Google's quantum supremacy experiment; all it needs is a more disk storage to simulate a...

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SoftBank adds to financial burden with $10 billion WeWork deal

SoftBank adds to financial burden with $10 billion WeWork deal

The WeWork deal is structured to avoid SoftBank having to consolidate it or take on onerous lease obligations. Disarray at WeWork , which is scrambling for cash following a flopped IPO attempt, c...

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Infosys shares may slip on Tuesday, say analysts

Infosys shares may slip on Tuesday, say analysts

The whistleblowers added that they had emails and voice recording to prove their allegations. While whistleblowers accused CEO Salil Parekh of leading an effort to shore up profits through irregul...

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Oil prices rise on prospects for US-China trade deal

Oil prices rise on prospects for US-China trade deal

Oil was steady as investors weighed expectations for swelling American crude stockpiles against signs of U.S. US crude inventories probably rose for a sixth time last week, the longest run of gains i...

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