Economy

Crude Oil Prices Slump 20% From October Highs, Enter Bear Market

Crude Oil Prices Slump 20% From October Highs, Enter Bear Market

That revived concerns of a supply glut, in contrast to earlier fears over a crude crunch due to shrinking exports from the Persian Gulf state. "Each of those countries has already demonstrated signi...

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FOMC announcement: Fed keeps interest rates steady

The FOMC said it expects to continue gradually raising rates as the economy expands. "There was nothing in the policy statement to suggest that officials are wavering from their plans to hike in...

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Voters raise the minimum wages of Mo., Ark

Voters raise the minimum wages of Mo., Ark

She notes the votes in Missouri and Arkansas to raise the minimum wage were "overwhelming" and that voters in other states approved measures to make life better for workers. The minimum wage in bo...

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USA UNLEASHED: America Now 'Pumping More Oil' than Saudi Arabia, Russia

USA UNLEASHED: America Now 'Pumping More Oil' than Saudi Arabia, Russia

WTI Crude prices slipped on Thursday by more than 20 percent from the four-year high hit just last month, entering bear market territory , as oil production in the United States continues to grow, R...

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New Mazda3 teased again: hatch and sedan to debut in LA…

New Mazda3 teased again: hatch and sedan to debut in LA…

Previous reports point to the Kai concept as the inspiration for the production Mazda3. The automaker confirms that the next Mazda3 will sit on the Skyactiv Vehicle Architecture, which should impr...

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Philippines Airline flight attendant breastfed stranger's hungry baby mid-flight

Philippines Airline flight attendant breastfed stranger's hungry baby mid-flight

Organo said she walked down the aisle to the crying baby and asked the mom if she needed assistance. The PAL flight attendant noted the baby's sob was "a cry that will make you want to do anything t...

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Bombardier cutting 5,000 jobs, selling Q Series aircraft

Bombardier cutting 5,000 jobs, selling Q Series aircraft

The stock fell a steep 24.5 per cent, closing at $2.41 per share in Toronto, as the cash flow issue drove new concerns about Bellemare's mission to reshape the Montreal based firm. The asset sales ann...

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France races to save EU digital tax proposal

France races to save EU digital tax proposal

The plan is aimed at changing tax rules that have let some of the world's biggest companies pay unusually low rates of corporate tax on their earnings. Paris claims the tax would be a vote-winner in...

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Democrats fight for House control; GOP's Braun wins Indiana

Democrats fight for House control; GOP's Braun wins Indiana

The Democrats thus regained their lost standing and are moving towards rebuilding that much coveted "Blue Wall". Davids' win in Kansas against GOP Rep. Trump's Republican coalition is increasingly old...

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Bargains and special deals available on Amazon for Black Friday sale 2018

Bargains and special deals available on Amazon for Black Friday sale 2018

Amazon will be kept on their toes ahead of and during the Black Friday sale as well as on Cyber Monday . Amazon UK is promising customers "more deals than ever before" and, the shopping giant has...

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Canadian Home Sales Will Fall Over Next 2 Years, CMHC Forecasts

Canadian Home Sales Will Fall Over Next 2 Years, CMHC Forecasts

The trend suggests more modest pricing is on the horizon. "In terms of new construction, the story is going to be more and more condos, and that seems to be where the push is both in terms of policy...

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Eurozone ministers prepare for clash on Italian budget

Eurozone ministers prepare for clash on Italian budget

Rome remains committed to reduce its debt ratio and hopes to reach a compromise with the European Commission, Finance Minister Giovanni Tria told his peers at the Eurogroup, according to an Italian go...

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Tesla names new chair to replace Elon Musk

Tesla names new chair to replace Elon Musk

Ms Denholm is now Chief Financial Officer at Australian biggest telecoms company, Telstra, and already sits on the board of Telsa as an independent director. Musk will help ease the new board director...

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Airline passengers create stink over durian cargo, Latest World News

Airline passengers create stink over durian cargo, Latest World News

In April, the smell of durian rotting in a cupboard at an Australian university's library was mistaken for a gas leak , the Associated Press reported. A flight was delayed for an hour after irate pas...

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United States will regret sanctions

United States will regret sanctions

In addition, having initially talked of cutting Iranian oil shipments to zero, Washington gave waivers to eight customers, raising the prospect of more Iranian oil in the market than expected. Activ...

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Marijuana legalization on the ballot in four states

Marijuana legalization on the ballot in four states

MI is now one of nine states that allow recreational use of the substance, including California, Colorado, and Washington, D.C. Tilray, the largest publicly traded pot stock, gained as much as 9.3 per...

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Hackers Impersonate Elon Musk Using Verified Twitter Accounts to Spread Bitcoin Scam

Hackers Impersonate Elon Musk Using Verified Twitter Accounts to Spread Bitcoin Scam

The accounts also retweet various posts by Musk, Tesla and Space X, in an effort to look more like the real Elon Musk account. This would indicate that the scam-promoting tweet, likely promoted to...

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Runaway mining train travels 90km through Australian outback without driver

But it took off without him, and a team of remote train operators in BHP's control room were forced to carry out an intentional derailment. The BHP-operated train, which included four locomotives ...

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Cryptoassets Are Coming of Age — QUICK RETAIL REPORT

Cryptoassets Are Coming of Age — QUICK RETAIL REPORT

Venture capital firms, hedge funds, and private equity firms have stored a total of $7.11 billion so far. Morgan Stanley report started by specifically emphasizing on the "rapidly morphing thesis"...

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Venezuela Sitting on 2nd Biggest Gold Reserve on Earth — Maduro

Venezuela Sitting on 2nd Biggest Gold Reserve on Earth — Maduro

The UK regulator has reportedly sought to clarify what Venezuela plans to do with the gold. Their offical source only clarified that plans to move the gold had been held up for almost 2 months becau...

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Democrats to Retake the US House of Representatives, Margin Unclear

Democrats to Retake the US House of Representatives, Margin Unclear

Going into election day, the Democrats needed a net gain of 23 seats to take over a majority in the House , and polling indicated that they stood an excellent chance of doing that. Almost 40 percen...

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Under Armour Employees No Longer Allowed To Expense Strip Club Visits

Under Armour Employees No Longer Allowed To Expense Strip Club Visits

Plank, a former football player at the University of Maryland, founded Under Armour in 1996, with the company growing into a global brand with nearly $5 billion in annual revenue. Some allege the bran...

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State ballot measures to watch on Election Night

State ballot measures to watch on Election Night

A recreational marijuana measure in North Dakota, Measure 3, would also legalize possession and sale of the plant, albeit without implementing a state-wide system to tax and regulate purchases. The me...

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Runaway mining train travels 90km without driver

Runaway mining train travels 90km without driver

The train crashed off the rails but hurting no one. A huge runaway train laden with iron ore had to be derailed remotely after speeding through the Australian outback for nearly an hour. Western Aus...

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Volkswagen Tarok pick-up concept unveiled in Brazil

Volkswagen Tarok pick-up concept unveiled in Brazil

Other exterior styling elements include a front end inspired by the Atlas Tanoak , sunroof, LED lighting, roof bar and sculpted sides. One important design feature in the five-seater Tarok Concept ...

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Election Day deals: Discounts, rewards for doing your civic duty

Election Day deals: Discounts, rewards for doing your civic duty

Lyft is also offering entirely free rides to registered voters in "underserved communities", though you'll apparently have to enter your zip code to find out if that includes you. If you use one of...

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2018 could be known as the vote of the 'ticked off'

2018 could be known as the vote of the 'ticked off'

And the Democrats also are "ticked off" that Robert Mueller hasn't issued a special counsel report that would nail Trump. "That said, it may be just as likely - or even more likely - that we're unders...

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British Airways 'flight from hell' leaves passengers stranded at JFK

British Airways 'flight from hell' leaves passengers stranded at JFK

More than 200 passengers spent Friday night and Saturday in NY before a relief plane took them to Gatwick at 9.30pm that night. Some of those on board were travelling with children returning home af...

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"Stand Up To PM, Protect Nation": Rahul Gandhi's Message To Urjit Patel

Gandhi also urged Reserve Bank Governor Urjit Patel to "stand up" to the Prime Minister and "protect the nation". Stand up to him Mr Patel. Alleging that the NDA government was "demolishing" the R...

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U.S. Iran Sanctions Take Effect, No Word Yet On Waiver Countries

U.S. Iran Sanctions Take Effect, No Word Yet On Waiver Countries

The diplomat suggested that countries were beginning to see through the frequent use of the Iranian threat by the United States and its allies in shaping Middle East policy. Germany vowed Monday t...

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Canada Post strikes continue in five southern Ontario communities

Canada Post strikes continue in five southern Ontario communities

Postal workers in Sarnia were among the latest to walk off the job as nation-wide rotating strikes continued Tuesday. Monday's strike means there will be no mail delivery in Rockwood, Elora, Fergus,...

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Divided America to cast midterm verdict on Trump's Presidency

Divided America to cast midterm verdict on Trump's Presidency

For other Democratic candidates, Trump links them to his favorite bogeymen across the aisle: Senate Minority Leader Chuck Schumer, House Minority Leader Nancy Pelosi and California Rep. For nearly...

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Supreme Court rejects net neutrality appeal

Supreme Court rejects net neutrality appeal

Providers complained that the rules were overly burdensome and a violation of the FCC's congressionally granted powers; consumer advocates said the rules were necessary as a vital consumer protectio...

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Berkshire profit doubles as Buffett's insurers withstand storms

Berkshire profit doubles as Buffett's insurers withstand storms

Still, he's struggled to find ways to invest a swelling cash pile that has surpassed $100 billion each of the past five quarters. Operating profit in the third quarter doubled to $6.88 billion from ...

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Icelandair buy WOW air

Icelandair buy WOW air

While there has been some consolidation in Europe over the a year ago, with Lufthansa and easyJet acquiring parts of failed airline Air Berlin in 2017, the chief executives of the continent's bigg...

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