Finance

Tesla shares tumble after Elon Musk tweet controversy

In a now-deleted Twitter rant , Musk called a British diver who helped in the Thai cave rescue a "pedo guy." Unsworth told AFP news that he will make a...


Amazon Prime day is Monday July 16th. Are you ready?

Amazon Prime Day 2018 , a 36-hour annual sale that kicks off on Monday, will offer "more than one million deals " on products available through the online reta...


Amazon Constantly Putting Efforts To Bring Whole Foods To Its Prime Service

It is not yet known whether Amazon will offer a better deal on this model on Prime Day. Prime Day is nearly here and that means some of Amazon 's most po...


Tesla goes big in China with Shanghai plant

As the trade war between the USA and China ( as well as the rest of the world ) escalates, Tesla announced Tuesday an agreement with Chinese officials to bu...


USA added 213,000 jobs in June; unemployment rose to 4 pct

The US economy needs to create roughly 120,000 jobs per month to keep up with growth in the working-age population. Additionally, the Trump administration has d...


US Navy ready to ensure 'free navigation' after Iran Hormuz threat

Washington has warned other countries to end trade and investment in Iran and stop buying its oil by early November or face punitive measures. Trump said he...


China customs delays clearing US goods as duties loom

Washington-based think tank the Peterson Institute for International Economics (PIIE) expects USA tariffs on Chinese goods, which it says particularly target co...


US tariffs take effect, China warns of 'counterattack'

In the meantime, Brazil, the world's top exporter, will likely pick up the slack, although a trade association warned on Thursday the South American country may...


Trump Talks with Mexico’s President-Elect on Border, NAFTA

An exit poll by Parmetira had Lopez Obrador winning with between 53 to 59 percent of the vote, far ahead of his two main rivals. It is also the first time Mexic...


Trump's Tweet on Deal With Saudi King Makes Oil Prices Plummet

The vice president also noted that the "vulnerable" social layers should be helped after re-imposition of sanctions. This has been United States policy since ...


Oil falls amid rising Saudi output, Asian economic slowdown

Iran will use various methods to prevent a possible reduction in its oil exports after re-imposition of the US sanctions. Iran says it will find ways to ex...


Tesla production leader Doug Field exits company

Tesla has received around 450,000 Model 3 reservations but the cheapest version of the vehicle, priced at $35,000, is not yet available to customers. After w...


Opportunity! Amazon Wants You to Deliver Its Packages

They don't have to lease the Amazon blue vans, but if they do, those vehicles can only be used to deliver Amazon packages, the company said. By not relyin...


Amazon buys online pharmacy PillPack

PillPack supplies pre-sorted prescription drugs and other services to people who take multiple medications, a growing market as the US population ages and requ...


Emirates flights to and from Bali delayed due to volcanic activity

The Ngurah Rai airport began operating at 2.30 pm local time (12 pm Indian Standard Time), about 12 hours after it was shut. Over 300 flights have been cancel...


Trump to Harley-Davidson: 'We won’t forget, and neither will your customers'

President Donald Trump's tirade against motorcycle manufacturer Harley-Davidson represents a rather stunning reversal of his previous praise for the company. ...


Wisconsin's Harley-loving governor put in bind with Trump

The company, which sold almost 40,000 motorcycles in Europe previous year, said it planned to absorb those costs rather than pass them on to customers and r...


Trump 'surprised' as Harley-Davidson moves some production overseas

Harley-Davidson announced Monday it would move some of its production overseas to avoid a dramatic tariff increase imposed by the European Union . "In ...


Runner up in Turkish elections accepts Erdogan as President

The new period after the election results is therefore expected to be more Turkey-centered and nationalistic, with a more favorable ground for Russian Federat...


Harley-Davidson, stung by European tariffs, shifts some U.S. production overseas

Harley Davidson , based in Milwaukee, is now planning to move the production of some of its motorcycles overseas. In addition to being a possible economic har...


Donald Trump threatens 20% tariff on all European cars

Daniel Gros, director for Economy and Finance at the Centre for European Policy Studies, said that in a trade war everyone stands to lose, but the U.S. Trump'...


Supreme Court rules states can force online retailers to collect sales tax

Officials in New Hampshire, which doesn't have a sales tax, say the decision could force its businesses to collect taxes for other states. "E-commerce has g...


OPEC discussing oil output increase to contain energy costs

Saudi Arabia and Russian Federation on Thursday used a pre-OPEC meeting in the Austrian capital to float a proposal of bringing an extra one million barrels eac...


Markets Right Now: Stocks rise as trade war fears ease

The battle between Trump and Beijing has kicked into high gear over the past week. But the more the target list expands, the more likely consumers will b...


China Has ‘Much More To Lose’ In Trade Dispute, Says White House

That would bring the total number of Chinese goods subject to tax to $450 billion, nearly 90 percent of all the goods the USA imported from that country previ...


Google is investing $550 million into Chinese e-commerce site JD.com

The deal gives Google a path into the Chinese e-commerce market and does the same for JD.com in the USA and Europe. JD.com is locked in a heated battle for cust...


Audi chief Rupert Stadler arrested in diesel emissions probe

Audi CEO Rupert Stadler has been arrested on suspicion of fraud in relation to an emission scandal , which had marred its parent company Volkswagen's image. ...


European Central Bank calls halt to quantitative easing, despite 'soft' euro

That provided extra support for the notes, which have been boosted by more euro-friendly rhetoric from officials in Italy's newly formed government. That jolt...


To build express line to Chicago's O'Hare

The Boring Company says it will shoulder the financial burden of the project, which will be "100% privately funded". Chicago is expected to announce the vi...


Two men shot, killed in officer-involved shooting in downtown Kansas City

She said during a news conference that it was "very possible" the deputies were shot "with their own firearm" as they were transporting detainees in a gated are...


Pipeline outages: Nigerian oil output takes a plunge

It is the second time Trump has used Twitter as president to blast high oil prices and point the finger at OPEC. The volume reflected higher production from...


White House aide apologises for 'special place in hell' comment

If Donald Trump was counting on Justin Trudeau to bend to US trade demands after a series of verbal attacks on the Canadian prime minister, it's not working...


Domino's Repaves Roads to Save Pizza

Do potholes really burn you up? Domino's Pizza is offering to help fill them in. Domino's home state of MI could probably use some help, too. Domino's has...


A US Federal Judge Has Approved The AT&T-Time Warner Merger

AT&T Inc . won approval from a USA court on Tuesday to buy Time Warner Inc for US$85 billion, allowing AT&T to compete with internet companies that dominate...


Dennis Rodman to Travel to Singapore for North Korea Summit

Pompeo appeared to address that sort of North Korean concern on Monday, saying " President Trump recognizes Chairman Kim's desire for security and is prepared ...


The end of net neutrality is here

But net neutrality supporters say that without the rules, the industry will be able to wield an alarming amount of influence over the internet. Although the F...


US ready for North Korea nuclear crisis if talks fail

The Trump-Kim summit , which will be held at the Capella Hotel on Tuesday morning, will mark the first time a North Korean leader has met with a sitting Unit...


Verizon picks Hans Vestberg to serve as new CEO

His appointment is likely to surprise some investors who believed Verizon veteran John Stratton would assume the role of chief executive, according to The Jou...


Ghanaian government to dissolve football association after bribery allegations

Mr. Nyantakyi himself resigned hours after he was banned by FIFA and a day after government expressed intention to dissolve the association he heads. The cond...


Warren Buffett, Jamie Dimon: Quarterly profit forecasts hurt economy

Warren Buffett and Jamie Dimon are doubling down on their plea for corporations to stop providing quarterly earnings guidance. Buffett and Dimon announc...