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China works defines ride-hailing service rules

The guidelines take effect on November 1 and require, to name a few things, that drivers have a minimum of three years of experience behind the wheel to work with a ride-hailing service. They also need to drive a vehicle with fewer than 370,000 miles...

Chelsea Clinton To Ivanka Trump: "Talk To Your Dad"

Trump and her husband, Jared Kushner, welcomed their third child, Theodore James Kushner, in March. Though she may well become America's first first mom, Clinton the parent has resembled the vast majority of the 43 men who have served as president.

Amazon reports 31.1 percent jump in revenue

AWS net sales were a record $2.87 billion, compared with $1.82 billion in second-quarter 2015, an increase of 58 percent. In its earnings release, Amazon CEO Jeff Bezos focused on the company's expansion into India, a market it committed to inv...

Anheuser-Busch InBev increases takeover offer for rival SABMiller

The offer values SABMiller at around £79 billion and analysts suggested the deal was now likely to go through. The deal then requires shareholder approval, which could prove trickier than initial expected because of the fall in the value of the p...

Apple profits fall 27pc as iPhone sales decline

Earnings per share fell to $1.42 from $1.85. Analysts had expected earnings per share of $1.40 and revenue of $42.2 billion. Typically, Apple remained tight-lipped on Apple Watch sales figures, but a 16 per cent decline in the firm's "other pro...

US home prices rise at steady pace as sales heat up

Portland had the biggest 12-month improvement, with growth of 12.5 percent. Chicago condo prices registered a slightly stronger year over year gain of 3.9%, which was actually lower than last month's 4.0%. "Home prices continue to appreciate across...

Twitter on course for user growth

That beat the average analyst estimate for 312 million, according to data compiled by Bloomberg. Analysts were looking for $681.4 million. The stock was immediately down more than 10 percent on the news and seems to be hovering there. "We have five...

LI unemployment falls to 3.8% near historic lows

The jobless rate for central OH and most of the state's metros rose in June as schools let out and students began searching for work. From May, unemployment rates decreased in 9 counties, increased in 78 counties, and did not change in one county.

Parliament to vote on renewing Britain's nuclear arsenal

The Trident fleet is based at HMNB Clyde, in Faslane, but all Scottish MPs taking part in the vote except for Scottish Secretary David Mundell, were against the renewal. British parliament on Monday voted to replace its aging fleet of nuclear-armed s...

Low inflation, high exchange rate risks for New Zealand economy: central bank

NZIER senior economist Christina Leung said the Reserve Bank highlights all the factors that markets have been pointing to, like the lower global outlook and weak dairy prices. Westpac was the first to move followed by ASB Bank, ANZ Bank New Zealand,...

Pokemon GO already has a Chinese clone called City Spirit Go

The app's update has made Germany as the fourth country to receive the official application, according to Androidpolice.com, on Thursday, July 14, 2016 . A report by SimilarWeb indicates that users were spending more average time per day on ...

Justice Department Moves To Block 2 Big Health Insurance Mergers

Missouri was actually the first state to move against the $37 billion merger between Aetna and Humana , citing its anticompetitive impact on consumers throughout the state. The proposed merger between Anthem and Cigna does not strike that bala...

Enbridge to pay $176M for MI oil spill

The settlement with the U.S. Department of Justice includes a commitment by Enbridge to spend US$110-million upgrading equipment, training and overall response abilities on its pipeline system. In a May filing with the Securities and Exchange Commiss...

Covered California to release 2017 insurance rates

In the four-county Sacramento region, the rates will be slightly higher than the state average, at 13.4 percent. In 14 states analyzed by the Washington, D.C.-based consulting firm Avalere Health, the cost of an average-priced plan will rise 11 perce...

SoftBank deal to buy ARM Holdings could come as early as Monday

The Financial Times reported the news in the early hours of Monday, citing two people close to the negotiations. SoftBank could not be immediately reached for comment on a public holiday in Japan. ARM has come to dominate the design of smartphone ...

Attorney: Volkswagen Believes Some Vehicles Can Be Fixed

The news of this settlement offers a sigh of relief for the owners as well. Buybacks will begin this fall if the settlement is approved. The total amount that Volkswagen will ultimately have to pay to American vehicle owners may not be clear for mo...

Lyft relaunches its luxury auto service to rival Uber

A little over two years ago, Lyft introduced a premium ride option called Lyft Plus that it promised would offer riders a high-class experience for roughly 40 percent cheaper than UberSUV. If getting picked up in a nicer vehicle like a BMW 5 series, ...

Mortgage rates fall to record lows, ahead of rate cut

Freddie Mac says the average rate on a 30-year fixed-rate mortgage for borrowers with excellent credit fell to 3.41 percent this week, barely higher than the record low 3.31 percent set in late 2012. Adjustable rate mortgage loans accounted for ...

Amazon pumps up Prime Day with countdown deals, one-hour delivery

And on Wednesday, Amazon sweetened the deal for shoppers in the 25 metropolitan areas that are eligible for its Prime Now service, which promises shoppers their products in an hour or less for $7.99. For £79 per year, Amazon Prime grants you acce...

That New, New! Porsche's Redesigned Panamera

While the first generation of the sedan, which debuted in 2009, was successful despite its controversial fastback bodywork (more than 40,000 were sold in the USA alone), Porsche design chief Michael Mauer has made a decision to change that with thi...

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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...