Business

News

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...

Search

Breaking News

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...

Ryanair cancels more than 2000 flights over the next six weeks

Six Ryanair flights to and from Dublin today have been cancelled as part of the airline's plan to cancel 50 flights a day for the next six weeks. RTÉ News has seen documents w...

Honor 6X and Honor 8 Pro now available on Flipkart

Sony Bravia's 40-inches full HD LED TV is being rolled out at 22% off for Rs 36,990, instead of Rs 47,900. There will also be treats for the book lovers, as Amazon is offerin...

Thyssenkrupp won't be on the hook for Tata Steel pensions - CFO

He described the partnership as a "momentous" occasion and said that the strategic logic of the proposed JV was based on very strong fundamentals."I am confident that thyssenkrupp...

CCleaner security software infects 2 million computers

The affected versions of CCleaner and CCleaner Cloud were released on August 15 and August 24 , respectively. CCleaner is an extremely popular tool amongst consumers for riddi...

Toys 'R' Us Has Officially Filed For Bankruptcy Protection

Tuesday and plans to have locations open later this year in Sudbury, Ont., Langford, B.C., Fredericton, and Toronto. United Kingdom branches of Toys R Us are open for business...

Leishman takes two-shot lead at BMW C'ship

His round of 69 leaves him 15 off the lead - which is held by Marc Leishman - and in joint 50th place in IL . "I'm really happy to make a couple of birdies coming in and put a ...

Equifax Failed to Apply Security Patch Available for Months, Leading to Hack

Equifax, the company that essentially made personal details of over 143 million Americans available to hackers , has now officially confirmed that it had failed to install a secur...

Air Berlin cancels more than 70 flights due to pilots' "sick-out"

Air Berlin chief executive Thomas Winkelmann suggests that pilots who have absented themselves are "playing with fire". On Sunday his company Intro offered 50 million euros im...

Tesla Update Extends Vehicle Ranges to Help Customers Escape Hurricane

To aid the evacuation, Tesla temporarily opened up the models' full 75-kWh charge capacity by issuing an over-the-air-update to vehicles located in the path of the storm. So, how...

Special Reports

Equifax faces up to $70 billion lawsuit for data breach

Equifax faces up to $70 billion lawsuit for data breach

You can also call Equifax (1-800-349-9960), Experian (1-888-397-3742) or TransUnion (1-888-909-8872). But there's still plenty of problems. Leach noted that state and fed...

Hurricane Irma Arrives And Leaves Downtown Miami Submerged Under Water

Hurricane Irma Arrives And Leaves Downtown Miami Submerged Under Water

As Miami was hammered by tropical storm force winds and the occasional hurricane force gust generated by Hurricane Irma, the booms of two tower cranes in the city came down Sund...

US Might Say Iran Violating Nuclear Deal Without Withdrawing, Envoy Says

US Might Say Iran Violating Nuclear Deal Without Withdrawing, Envoy Says

She said that Kim Jong Un is "begging for war" and although the USA does not want to enter a war, it may not have a choice. -Iranian relationship. Though she never stated it so bl...

EU Court Rejects Challenges to Refugee Resettlement

EU Court Rejects Challenges to Refugee Resettlement

Poland backed the Hungarian and Slovak complaint . " I was convinced that such a decision would be made [by the court], but this absolutely does not change the stance of the Pol...

Police say missing Temple University student's body was transported in a Lyft

Police say missing Temple University student's body was transported in a Lyft

Jenna Burleigh, a 22-year-old Temple University student reported missing last week, was found dead in Pennsylvania on Saturday, leading to murder charges for a man who was last see...