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Russian, Kyrgyz IS suspects detained over Istanbul attack

Turkish President Recep Tayyip Erdogan declared Saturday that Syrian President Bashar Assad was a "more advanced terrorist" than the Islamic State group, despite the deadly attack on Istanbul's Ataturk Airport that Turkish officials blame on IS.

DC Home Care Workers Win $15 Minimum Wage

For employers with 26 or more employees the wage will reach $15 an hour by 2022. A joint news release from the Calgary and Edmonton chambers of commerce said that with increasing rates of business closures and bankruptcies, it's the wrong time to a...

General Electric Capital (GE) Reaches 'Milestone,' CEO Keith Sherin Says

General Electric Co. won approval to drop its designation as a too-big-to-fail financial institution, capping a transformation that has included the sale of almost all of its lending business. "The Council will remove a designation when that company...

Andrew Luck signs with Colts through 2021

Luck , set to enter the last season of his five-year rookie contract with the team this fall, would have become an unrestricted free agent next March if he and the Colts failed to come to an agreement. Baltimore Ravens quarterback Joe Flacco and th...

Is higher gas tax, lower sales tax a good deal?

Christie made no secret of the fact that he did not like the Sarlo-Oroho plan, dismissing it as too generous. And the Senate left for the day well before the Assembly took action, with Senate President Stephen Sweeney (D-Gloucester) sounding displeas...

Shares in RBS and Barclays were briefly halted after huge losses

Share trading in Royal Bank of Scotland and Barclays were temporarily suspended on Monday in another session of heavy losses for the banking sector. Barclays was trading at £138.95, down 9.76 per cent, while RBS was trading at £178.14, down 13....

Diet Pepsi with aspartame returning to shelves in US

The new version of the drink will start going on sale in September . As part of the change, Pepsi Max will be rebranded as "Pepsi Zero Sugar" (it's keeping the black can). The plan is the latest attempt by the world's second-largest soft-drink compa...

Here's How Brexit Will Hit the US Economy

While the Fed didn't specifically analyze how banks would fare if Britain left the European Union, all 33 banks tested had enough capital to withstand a deep economic meltdown, according to results released Thursday. So testing the largest USA financ...

VW to pay about $10.2B to settle emissions claims

Per the settlement, Volkswagen will have to pay diesel auto owners between $1,000 and $7,000 in cash, depending on details that have not yet been released, he continued. The company also faces a Federal Trade Commission action for false advertising...

Macy's CEO Terry Lundgren to step down next year

He will assume additional management responsibility during the transition period, including oversight of the Macy's stores organization. "From what I can tell he will have the understanding of the art and science of retail". Retailers overall have ...

$333M Mega Millions Results for Tuesday June 21

Another Hot Lotto ticket sold in northeast Kansas for the June 15 drawing matched the first five numbers and is also worth $30,000. There was one Match 5 victor with the Power Play option in the state of NY, winning $2 million. Tickets can be bough...

Assets: Russian Natural Gas Firm Buying, Oil Majors Selling

The oil field in East Siberia is Russia's second largest by production, with estimated reserves of 520 million metric tons of oil. China has provided Rosneft and other Russian energy companies with more than $US100 billion in loans and prepayments ...

Tesla offers to buy solar panel maker SolarCity

Oppenheimer also initiated coverage today of SolarCity competitors SunRun (RUN) and Vivint Solar (VSLR), stating that there is a large market opportunity for residential solar in the USA aided in part by "rapidly falling energy storage costs".

Small drones cleared for commercial use under new FAA rules

Key elements of the 624 pages of rules call for commercial drones weighing up to 55 pounds to be flown during daylight hours and lower than 400 feet in the air. The new rules would provide an easier way for those businesses to operate legally. Th...

NM consumers to share in Apple settlement

If you haven't made any e-book purchases over this period, we're sorry, but you're not getting a dime out of Apple's payout to USA customers, as the long-running e-book price-fixing battle comes to its final stage. Department of Justice and 33 state ...

Iran says possible Boeing deal could be worth $25 billion

Boeing Co. said Tuesday it signed an agreement with Iran Air "expressing the airline's intent" to buy its aircraft, setting up the biggest business deal between the Islamic Republic and America since the 1979 U.S. Iran's supreme leader, Ayatollah Al...

Ex-Conservative Party chair switches sides on EU referendum

Mr Farage this morning defended the poster, saying it was "the truth about what's going on", after Michael Gove said he " shuddered " when he saw it and George Osborne compared it to Nazi propaganda. Speaking ahead of a Foreign Affairs Council meetin...

German prosecutors open investigation of former VW CEO

Reuters reported that German prosecutors said: "Whether the stated initial suspicion will grow stronger or weaker depends on the findings of the necessary further investigations". The prosecutors' office in the city of Braunschweig, which is leading ...

Microsoft to Purchase LinkedIn for $26.2 Billion

The deal, expected to close within this year, works out to over $60 per LinkedIn user. "Today is a re-founding moment for LinkedIn ". The LinkedIn transaction is Microsoft's biggest under Nadella's watch, and while the companies make a str...

Leaving rates alone, Fed sees ultra-slow pace of hikes ahead

Besides issuing a policy statement , the Fed updated its economic forecasts, which show how it foresees rate increases unfolding in coming months. The Fed also said the economy would grow only 2 percent this year and in 2017, 0.1 percentage poin...

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Breaking News

Walmart Black Friday 2017 ad leaked

Walmart's Black Friday deals will begin on Thanksgiving. Black Friday ad not online yet. Want to see other Black Friday deals? There's one big benefit to Best Buy's offe...

European Commission raises GDP growth forecasts

The EU economy as a whole is also forecast to beat expectations and reach robust growth rates of 2.3 pct this year (up from growth forecasts of 1.9 pct in the spring). "The governm...

Ford recalls 1.3M F-150, Super Duty trucks in North America

A frozen latch found in these vehicles may cause doors to not open or close correctly. Reuters reported that Ford has recalled over 5 million vehicles since 2016 that had issu...

Spurs sign LaMarcus Aldridge to three-year, $72.3 million extension

The kinks the two sides have been trying to work through had league observers believing Aldridge might not be long for San Antonio . He came from Portland, where he had spent ye...

Is Buying Bank of America Corporation (NYSE:BAC) Here Good Idea?

Bank of America said the slowdown was "driven by less favorable market conditions across credit-related products, as well as lower volatility in rates products". Stockholders of re...

Retail inflation at 3.28% in September

According to preliminary data released by the Central Statistics Office on Thursday, the consumer price index ( CPI ) increased 3.28 per cent year on year against the August number...

US Academic Richard Thaler Wins Nobel Economics Prize

In fact, he co-authored a book, Nudge , Improving Decisions About Health, Wealth and Happiness, which became a best-seller . "People make a lot of mistakes in important decisions...

Former UK PM would be questioned over rape

But it does not reach a conclusion on whether the allegations were in fact true. The investigation dealt with 42 claims in total. . He is also being looked at by Operation Whi...

Tata wins bid to make electric cars for Indian government

But GM said its promise takes this commitment a step further, NBC News reported. General Motors plans two all-new electric vehicles for release in the next 18 months, the fir...

Air France flight makes emergency landing after engine blowout

Passengers were horrified when the engine fell apart following a "loud thud" and "vibration". Air France confirmed the incident but offered few details, saying passengers were ...

Special Reports

Commitment shown by OKC has been 'off the charts — Paul George

Commitment shown by OKC has been 'off the charts — Paul George

Until Durant's free-agency flight to Golden State previous year , he and Westbrook were OKC teammates for eight seasons. It just so happens that reigning MVP and Thunder guar...

Volkswagen to take €2.5bn hit from emissions scandal

Volkswagen to take €2.5bn hit from emissions scandal

Munich prosecutors have named the person taken into custody as Wolfgang Hatz, former board member at VW unit Porsche . So the brands lose a champion on that front, while other hig...

Uber's New 'Good Cop' Tack Will Face Test in City Tussles

Uber's New 'Good Cop' Tack Will Face Test in City Tussles

The mayor of London , Sadiq Khan , who had initially accused Uber of responding to the decision with aggressive threats, said he welcomed the apology and supported the idea o...

Uber Boss Responds To Ban And Petition — Exclusive Interview

Uber Boss Responds To Ban And Petition — Exclusive Interview

Record-breaking numbers have now signed a petition calling for Transport for London to reverse its decision to strip Uber's licence in the capital. He further tweeted an ap...

Asian Shares Mostly Lower As Fed Turns Hawkish

The Fed statement on the unanimous decision following its two-day policy meeting was little changed from previous statements, reaffirming that officials expect the economic recov...