Finance

One officer killed, another critically injured at Kansas City courthouse

One officer killed, another critically injured at Kansas City courthouse

He had worked for the department for seven years. He said the shooting suspect was critically injured in the shooting and is now in surgery. Authorities are not looking for any other suspects in c...

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Beijing fires back in trade war with US

Beijing fires back in trade war with US

The effective date of the tariffs on the remaining $16 billion of USA goods will be announced later, according to the commerce ministry. The duties, which will make Chinese goods more expensive ...

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Opec resistance to Saudi supply plan grows as Iraq objects

Opec resistance to Saudi supply plan grows as Iraq objects

OPEC's top producer, Saudi Arabia , topped the output-rise table among members, with its production growing to 10.01 million b/d in May, the survey found. "We have looked at a scenario, not a forecas...

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US Central Bank Lifts Rates Amid Stronger Inflation, Drops Crisis-Era Guidance

US Central Bank Lifts Rates Amid Stronger Inflation, Drops Crisis-Era Guidance

The Federal Reserve is guiding a USA economy that is as close to ideal as it could have dreamed a decade ago, when the darkest days of the recession forced it to take big risks to protect workers, b...

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Comcast floats 'superior' $65 billion bid for Fox

Comcast floats 'superior' $65 billion bid for Fox

The Department of Justice sued in November 2017 to block AT&T's $85 billion acquisition of Time Warner on grounds that the merger could hurt competition in the pay-TV industry. A high-stakes dec...

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Domino's Repaves Roads to Save Pizza

Domino's Repaves Roads to Save Pizza

Cash-strapped authorities have welcomed the " Paving for Pizza " scheme as a way to help fix their damaged roads while conserving their budgets, but some critics have suggested such basic upkeep shoul...

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Judge clears AT&T takeover of Time Warner

Judge clears AT&T takeover of Time Warner

But Leon blocked discovery on certain White House communications that AT&T and Time Warner were seeking, and the companies dropped that defense, choosing to litigate the case on pure antitrust gro...

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Porsche picks Taycan as the name for brand's first electric vehicle

Porsche picks Taycan as the name for brand's first electric vehicle

The 2020 Porsche Taycan will arrive with 600 horsepower and a 0-60 miles per hour time of only 3.5 seconds. Porsche claims that multiple launches in a row will be possible without a loss in perfor...

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Chinese Telecom Giant To Pay $1 Billion In Iran Sanctions Case

Chinese Telecom Giant To Pay $1 Billion In Iran Sanctions Case

But under the deal announced Thursday, ZTE will pay an additional $1 billion penalty and put another $400 million in escrow to cover possible future violations. But skeptics anxious that ZTE's destruc...

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Microsoft's underwater data center, Project Natick, deployed near Orkney

Microsoft's underwater data center, Project Natick, deployed near Orkney

The experimental project is Microsoft's effort to see if it can process data in a greener, more affordable manner. A 2016 USA government study found that data centers in the United States consumed ...

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Melania Trump makes first public appearance in a month

Melania Trump makes first public appearance in a month

It was her first appearance away from the White House since she and the president traveled to Joint Base Andrews to welcome home three Americans who had been released from detention in North Korea . ...

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Trump says he's still waiting for apology from Bob Iger

Trump says he's still waiting for apology from Bob Iger

Sanofi US refuted the comedienne's claim that Ambien caused her to write racist messages. "I begged Ben Sherwood at ABC 2 let me apologize & make amends", Barr said in a Thursday tweet that has...

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ZTE Pays $1 Billion Fine in Settlement With U.S.

ZTE Pays $1 Billion Fine in Settlement With U.S.

Ross, speaking on CNBC, ZTE must change its management and its board, pay the fine, and put $400 million in escrow, which it will forfeit if it violates USA sanctions on North Korea and Iran. Last mon...

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Mexico hits USA pork, cheese, grapes in reply to Trump tariffs

Mexico hits USA pork, cheese, grapes in reply to Trump tariffs

In its official gazette, the ministry said it will impose 20% to 25% tariffs on us cheese, 20% on apples and potatoes, 20% on pork legs and shoulders and 25% on steel products, as first reported b...

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Amazon Blocks Australian Shoppers From US Site Because of New Tax

Amazon Blocks Australian Shoppers From US Site Because of New Tax

The new tax rules were brought in after years of lobbying by struggling local retailers, which have to apply GST to all online and store sales. After that date, Aussie customers who attempt to visit...

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Dollar falls, euro recovers as Italian political tensions ease

Dollar falls, euro recovers as Italian political tensions ease

After stripping out the volatile items of energy, food, alcohol and tobacco, inflation only rose to 1.1 percent from 0.7 percent. Engineering business Smiths Group rallied 2.7 percent after confirmi...

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Burger King is celebrating National Donut Day with a Whopper donut

Burger King is celebrating National Donut Day with a Whopper donut

Atlanta's own boutique doughnut shop located in Brookhaven, Bon Glaze , will also be offering a free sugary confection with any purchase. Dozens of other brands have plans for this year's Nation...

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BeIN 2018 FIFA World Cup in Russia™ Predictor

BeIN 2018 FIFA World Cup in Russia™ Predictor

We shouldn't expect too many fireworks and not numerous players involved will be rolling off the tongues of Irish viewers, but for that opening day fixture at least in Moscow, Saudi Arabia will be fro...

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United States stocks tumble as Trump starts trade brawl against the world

United States stocks tumble as Trump starts trade brawl against the world

The decision sparks new concerns of a trade war with three of the United States' most important trading partners. The tariffs directed at some of the U.S.'s most ardent allies represented the la...

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Oil hits multi-week lows on fears of growing supplies

Oil hits multi-week lows on fears of growing supplies

Prices of daily-use consumer products such as packaged snacks, detergents and cooking oils may increase by 4-7% after petrol and diesel prices rose to a record, companies said , anxious that the in...

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Petrol, diesel price cut by 1 paisa a litre

Petrol, diesel price cut by 1 paisa a litre

A faux pas saw the initial announcement coming in that the prices have been cut by 60 paise while the quantum of reduction was only one paisa. While the price was increased almost Rs 4 per litre dur...

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Federal Bureau of Investigation urges you to reboot your internet router

Federal Bureau of Investigation urges you to reboot your internet router

Network devices should also be updated to the latest versions of firmware. The FBI is urging those with small offices and home offices to reboot their routers after "foreign actors" infected tho...

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Drivers pay €100 a year more for fuel, new hikes coming

Drivers pay €100 a year more for fuel, new hikes coming

An unchecked rise in retail fuel prices will feed into inflation before long, and with the general election barely a year away, the government faces a hard choice. States charge value added tax that...

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Starbucks to close over 8000 stores today for employee diversity training

Starbucks to close over 8000 stores today for employee diversity training

Protesters demonstrate outside a Center City Starbucks, April 15, 2018 in Philadelphia. Starbucks Chairman Howard Schultz , Johnson and musician and activist Common will serve as virtual guides. Em...

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Italian economist to meet president amid political crisis

Italian economist to meet president amid political crisis

The populists said Mattarella gave in to pressures from investors and countries such as Germany when he chose to veto their decision to appoint the euroskeptic economist Paolo Savona as finance mini...

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