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Trucks to be required to slash emissions, boost fuel economy

Moving to combat global warming, the USA government wants big trucks and other large vehicles rumbling down the highway to consume less fuel. Final truck pollution rules released today by the U.S. What's more, they added that globally GHG emiss...

'Life Changes Quickly': Putin and Erdogan Are Friends Again

After the Turkish Air Force shot down a Russian jet that violated Turkish airspace over the Turkey-Syria border last November, relations between the two countries soured, until the issue seemed largely resolved on June 29 through a letter and subsequ...

Khizr Khan: I Feel Sorry for Republicans Who Support Donald Trump

Pence is one of several Republicans Trump is considering for his vice presidential running mate. At the heart of the campaign for the United Kingdom to leave the European Union was a message of regaining independence and reasserting dominance lost ...

Tesla Forecasts Ease Sting as Quarterly Loss Trails Estimate

During the previous three months, the company finished the design of its new vehicle the Model 3, a stylish sedan. Electric auto developer Tesla (NASDAQ:TSLA) expects to "blow people's minds" with its self-driving vehicle technology, although its...

Raghuram Rajan again holds rates in his last monetary policy update

Following an inflation at a two-year high prvented Dr Raghuram Rajan , RBI governor from cutting interest rates at his final policy review as head of the Reserve Bank of India today. He has also succeeded in halving inflation from double-digit level...

Facebook will stop users blocking adverts

It seems like Facebook has figured out a way to serve your ads even if you have an ad blocker installed. Instead, says Bosworth, Facebook is addressing the underlying reasons why people use ad-blocking software. So what do folks think of Faceb...

50 senior Republicans declare: "None of us will vote for Trump"

While Donald Trump has said he would pull out of the North American Free Trade Agreement (NAFTA) if it can not be renegotiated to his liking, Hillary Clinton's campaign has also been pushed closer to the anti-free-trade rhetoric of her erstwhile riva...

Britain defends decision to review $24 bln nuclear plant

In China's sternest warning to date over Ms May's surprise decision to review the building of Britain's first nuclear plant in decades, Beijing's ambassador to London said that Britain could face power shortages unless May approved the Franco-Chine...

RS amended GST Bill to get LS nod

The Rajya Sabha, where the measure was stuck for months, passed the bill last week. Rajya Sabha will take up the Mental Health Care Bill and Enforcement of Security Interest and Recovery of Debts 2016, apart from the Enemy Property Bill, which was ...

Trump to outline economic plan as he seeks to reverse slide

He aims to lower the number of tax brackets from seven to three. In a speech at the Detroit Economic Club, Trump is also proposing allowing parents to fully deduct the average cost of childcare from their taxable income. However, a limited gove...

Vail Resorts buys operator of 2010 Olympics site for $1.1B

Vail Resorts CEO Rob Katz said he is committed to expanding the all-season resort, which is located about 125 kilometres north of Vancouver. The friendly takeover of Whistler Blackcomb Holdings by an American mountain resort operator is all about l...

Brazil held by Iraq, still scoreless in men's soccer competition

The Barcelona star became increasingly frustrated with the rough treatment he received and Iraq's time-wasting tactics as Brazil were booed off the field in Brasilia for the second time in four days. However, to this country, the gold medal of Ol...

An Emirates Airlines flight from India has crash-landed at Dubai International Airport

An Emirates Airline flight bound for Dubai from Thiruvananthapuram in India has crash-landed at Dubai International Airport with almost 300 people on board. All flights to Dubai were diverted to nearby airports like Sharjah on Wednesday , as...

Dozens Missing, 2 Dead After Mumbai-Goa Highway Bridge Collapse

The Coast Guard has deployed a Chetak helicopter to carry out search for people who were swept away from the bridge. The incident took place on Tuesday night near Mahad, 170 km from Mumbai, amid heavy rainfall. Traffic on the busy highway, which ha...

Environmentalists who sued over Lucas museum won't oppose Obama library

They also called for adding parkland to the community surrounding Jackson Park. This video includes images from Getty Images and Wikimedia Commons and clips from WJLA , WBBM , University of Chicago, City of Chicago TV and the Barack Obam...

Oil prices bounce after U.S. gasoline inventory draw

Stocks dropped 3.26 million barrels to 238.2 million barrels, according to data from the US Energy Information Administration . Short-covering by those buying oil contracts to close out profitable bearish bets had also helped prices rebound.

Roger Ailes Exit Prompts Mixed Reactions from Industry

Executive chairman Rupert Murdoch wrote that Ailes has made a "remarkable contribution" to Fox News . "Roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years", Murdoch said.

Oil slumps 4% on glut worry

In the current short-selling cycle, crude prices have generally fallen less than during previous cycles, especially the wave of short-selling that started in October 2015 and saw oil prices tumble below $30 at the start of 2016. The commodity hasn't ...

The Mess of the European Union Banking System - Are Italian Banks Doomed?

Ewen Stevenson, RBS's finance director, said the stress test results showed the bank's "continued progress towards transforming the balance sheet to being safe and sustainable". Latest reports suggest Monte dei Paschi di Siena has asked at least ei...

NextEra to Buy Energy Future's Oncor in $18.4B Deal

The deal is part of a larger plan to help EFH emerge from bankruptcy. NextEra said it would maintain Oncor's Dallas headquarters and would not lay off anyone or cut salaries for at least two years. In a almost two-year proceeding, the company f...

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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...