Economy

Trump says King Salman 'agree' to crash oil prices

Saudi Arabia , backed by non-member Russian Federation, had argued strongly in favor of increasing production as grumbles in major consumer countries like the United States, India and China have grown...

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Chevy Volt gets faster charging system for 2019

Chevy Volt gets faster charging system for 2019

It was the first electrified vehicle I ever drove, way back in 2012, and despite a relatively short pure-electric range, the range-extender gas engine made it seem so practical at a time when EV charg...

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OPEC will increase oil production by one million barrels

OPEC will increase oil production by one million barrels

OPEC's founding statute stipulates that it "shall be guided by the principle of sovereign equality of its member countries" (Article 3). But crude hit a wall in late May after Saudi Arabia vowed to pu...

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Adidas warns USA customers about a possible data breach

Adidas warns USA customers about a possible data breach

The athletic-wear company announced in a press release on Thursday that an "unauthorized party" claims to have acquired customer data from its US website. Adidas reported a large data breach. Adidas...

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Tesla: Musk Sidetracked By Farting Unicorn

Tesla: Musk Sidetracked By Farting Unicorn

He has since released a new line of mugs in revenge, which feature Elon Musk and the words 'Tesla stole my unicorn'. Musk tweeted a photo of the mug in February 2017, calling it "maybe my favo...

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GM warns against potential auto tariffs

GM warns against potential auto tariffs

The Canadian tariffs will come into effect on July 1 and largely target US steel and aluminum products, but also foodstuffs such as coffee, ketchup and whiskies, according to a list by the Department ...

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Barclays expects OPEC to raise oil output at June meeting

Barclays expects OPEC to raise oil output at June meeting

The kingdom and partner Russian Federation, which last month proposed increasing supplies later this year without first consulting Opec members, appear to be raising production already. The Joint Mi...

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Kicked Out Of Toys R Us On Its Last Day?

Kicked Out Of Toys R Us On Its Last Day?

At the Toys R Us location in Raleigh, North Carolina, a mysterious person bought the store's last remaining toys to donate to local children, CBS 17 reported. Geoffrey has acted as the chain's log...

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Marketing firm accidentally exposes 340 million records online

Marketing firm accidentally exposes 340 million records online

According to Wired , these files have already leaked out before they could be properly secured. It also exposed more than 400 personal characteristics, including interests, habits, if the person ow...

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Trump says Saudi Arabia will boost oil production up to 2M barrels

Last week, members of the Organization of the Petroleum Exporting Countries, agreed to pump one million barrels more crude oil a day, but summer usually leads to a demand for oil in the US, in turn ...

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Opec supply buffer shrinks as it heeds call to pump more oil

Opec supply buffer shrinks as it heeds call to pump more oil

And the second mistake is that he has been told there is a huge spare capacity in the world, and he can push Iran out of the market. An Iranian official says removing Iran's crude oil from the marke...

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Instagram Lite launches on Google Play, offers slimmed-down option

Instagram Lite launches on Google Play, offers slimmed-down option

Instagram has launched a new pared-down version of the app called Instagram Lite , created to free up phone space and use less data. Facebook has launched a " Lite " app for Instagram in the ...

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The Indian rupee just tumbled to an all-time low

The Indian rupee just tumbled to an all-time low

The rupee opened weak by 6 paise at 68.87 against the previous close of 68.61. The Indian currency weakened to 68.9100 per United States dollar Thursday, past its previous record of 68.8650 reache...

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Amazon wants to help you start a delivery business

Amazon wants to help you start a delivery business

Amazon rivals like US grocery chain Kroger Co (KR.N) and retail giant Walmart Inc (WMT.N) are also experimenting with different delivery models. Amazon has been steadily encroaching on all parts of th...

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Donald Trump: 'A Harley-Davidson Should Never Be Built in Another Country'

Donald Trump: 'A Harley-Davidson Should Never Be Built in Another Country'

His company makes jet engine parts for aerospace companies and the military, so Trump's 25 percent tariff on foreign steel and 10 percent tax on foreign aluminum have resulted in huge price hikes for ...

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Trade worries set to weigh on Wall St, Harley flags higher costs

Trade worries set to weigh on Wall St, Harley flags higher costs

In New York, the Dow Jones industrial average was down 281.66 points to 24,299.23. Hong Kong's Hang Seng shed 1.2 percent to 28,619.21 and the Shanghai Composite in mainland China slipped 0.6 percent ...

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Donald Trump Rails Against Justin Trudeau During South Carolina Rally

Donald Trump Rails Against Justin Trudeau During South Carolina Rally

In all discussions and working sessions, Prime Minister Trudeau will reiterate Canada's commitment to playing an active role in the Alliance, and a strong and constructive role in the world. Trudeau s...

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Trump to Harley-Davidson: 'We won’t forget, and neither will your customers'

Trump to Harley-Davidson: 'We won’t forget, and neither will your customers'

Now the European Union has chose to target Harley for increased tariffs in response to Trump's trade war. "Hence, they were just using Tariffs/Trade War as an excuse", Trump said. According to Harle...

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Donald Trump Threatens Harley-Davidson with Taxes Like Never Before

Donald Trump Threatens Harley-Davidson with Taxes Like Never Before

Mr. Trump said . "Harley must know that they won't be able to sell back into USA without paying a big tax! ". Harley-Davidson has denied a link between Kansas City and Thailand. motorcycles - wh...

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'Large number' of demonstrators arrested after mass protests close Iran's Grand Bazaar

'Large number' of demonstrators arrested after mass protests close Iran's Grand Bazaar

Soleimani is the head of the Islamic Revolutionary Guard Corps Quds Force, which oversees Iran's military activities overseas and provides support to terror and paramilitary groups. The US official, w...

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President Trump continues criticism of Harley Davidson on Twitter

President Donald Trump spent part of Tuesday morning tweeting about Harley-Davidson, specifically calling out the motorcycle giant's plant in Kansas City. While some of the work from this plant ...

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Trump threatens Harley-Davidson with taxes 'like never before' and eventual collapse

Trump threatens Harley-Davidson with taxes 'like never before' and eventual collapse

The company is not raising bike prices for customers or retailers. But Trump's comments on Harley could make for an awkward meeting with Walker, especially if the president renews his attacks. In ...

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EPS for Harley-Davidson, Inc. (HOG) Expected At $1.40

EPS for Harley-Davidson, Inc. (HOG) Expected At $1.40

The difference between the expected and actual EPS was $0.13/share, which represents an Earnings surprise of 14.4%. Earnings per share (EPS) is the portion of a company's profit allocated to each ou...

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China defends its United States investment record

China defends its United States investment record

The move comes after the European Union pushed back on Trump's steel and aluminum tariffs with its own duties on politically significant United States products like motorcycles. If that threat is re...

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Iranian economic protesters take to streets, confront police

Iranian economic protesters take to streets, confront police

Iranian police reportedly attacked the protestors with tear gas. We are all angry with the economic situation: we can not continue our businesses like this. Rouhani's government has struggled with the...

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European Union import tariffs force Harley to rethink

European Union import tariffs force Harley to rethink

The company chose to build the Thailand plant in response to Trump's decision to pull out from the Trans-Pacific Partnership which would have lowered import tariffs on its bikes in some of the fastest...

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Erdogan claims victory in Turkish elections

Erdogan claims victory in Turkish elections

Russian President Vladimir Putin "stressed that the results of the vote fully speak of Recep Tayyip Erdogan´s great political authority (and) mass support of the course conducted under his leadershi...

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Uber begins appeal against London licence ban

Uber begins appeal against London licence ban

Backed by Goldman Sachs and BlackRock among others and valued at over $70 billion, Uber has faced protests, bans and restrictions around the world as its app challenges traditional taxi operators and ...

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OPEC agrees ouput rise of ‘about’ 1 mln barrels -Saudi

OPEC agrees ouput rise of ‘about’ 1 mln barrels -Saudi

Russia , which is not in Opec , has proposed producers raise output by 1.5 million bpd. There are different views on how much to increase production and whether such a move should be gradual, one sou...

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Adopt a pet in honor of Take Your Dog to Work Day

Adopt a pet in honor of Take Your Dog to Work Day

Approximately 300 businesses across the US participate in this holiday annually and it is a beneficial celebration for pet owners and non-pet owners alike; even if you do not own a dog yourself, you c...

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EU Ministers Reach Deal Allowing Greece To Exit Bailout Program

EU Ministers Reach Deal Allowing Greece To Exit Bailout Program

In return, the European Central Bank will return to Greece some 4.8 billion euros in profits from Greek bonds it bought years ago, in twice-yearly installments through June 2022. "But we should collec...

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Boris Johnson urges clean Brexit, 2 years after United Kingdom vote to quit

Boris Johnson urges clean Brexit, 2 years after United Kingdom vote to quit

Trade minister Liam Fox, an arch eurosceptic, insisted that the prime minister was still prepared to walk away from the talks if no satisfactory deal was reached. The protest is part of a "summer of...

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Trump Tariff On German Cars Threatened As GM Goes South

Trump Tariff On German Cars Threatened As GM Goes South

The tweet came as Europe imposed tariffs on goods worth $3.2 billion - including Harley-Davidson motorcycles and Levi's jeans - which are themselves a targeted response to Trump's earlier decision...

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When is Amazon Prime Day 2018?

Amazon Prime members can now access the Prime Video App on BT TV set-top boxes, allowing them to watch thousands of TV episodes and movies, including Prime Originals series like The Grand Tour , Th...

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Heated email exchange between Elon Musk and alleged factory saboteur surfaces

Heated email exchange between Elon Musk and alleged factory saboteur surfaces

In documents filed to a Nevada district court on Wednesday , Tesla painted Mr Tripp as a disgruntled former employee, a man who had wanted a promotion from his job as a "process technician", a role...

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