Money

Oil trades near four-year peak ahead of sanctions on Iran

December Brent crude futures were up 23 cents at $82.96 a barrel at 1121 GMT, having touching their highest in nearly four years at $83.32. The recent incre...


Trump admin wants trade deal with India: White House official

That has spilled over into other areas of diplomacy: A meeting between Defence Secretary Jim Mattis and his Chinese counterpart, General Wei Fenghe, to discuss ...


Dairy Farmer: Trump’s USMCA Trade Deal Will Have 'Huge Impact'

Wiens said the deal gives USA dairy farmers greater access to Canada's supply-managed dairy system. If cheaper products than what's available in Canada come i...


Passengers stranded as low-priced carrier Primera Air shuts down

Dulles officials have aggressively recruited new carriers as the airport has sought to reverse a slump in passenger traffic. Primera Air has been operating fo...


No winners and losers in USMCA trade deal, Jim Carr says

Details on the deal remained sparse, but USA administration officials say it provides increased access to Canada's dairy market for US producers and limits the ...


LNG Canada project in British Columbia given final approval by shareholders

The cost for the liquefaction plant and a 670-kilometre pipeline to connect gas to the plant will exceed 2 trillion yen ($17.6 billion), a company official sa...


Most US cell phones to receive 'Presidential Alert' text on Wednesday

ET. That test will assess the effectiveness of sending out "a national message and determine whether improvements are needed". The test is for the Wireless Em...


Amazon raising minimum wage to $15 an hour for US workers

Amazon isn't the only company making moves to raise wages for its employees. " We listened to our critics, thought hard about what we wanted to do, and decide...


Amazon increases its minimum wage to $15

This minimum wage will apply to all Whole Foods employees as well. Jeff Bezos , the billionaire founder of the e-commerce company, which has become a byword ...


More stock whiplash as Tesla rebounds after Musk settlement

This is only the midpoint of his Musk-sational 2018 narrative . That's all on top of Tesla's hard-to-watch 2-year struggle to meet production goals on th...


Oil extends longest quarterly rally in a decade on supply risks

West Texas Intermediate for November delivery traded at $73.63 a barrel on the New York Mercantile Exchange, up 38 cents, at 10:40 a.m.in Singapore . Still, oi...


U.S., Canada agree on free trade pact

Canadian concessions on dairy were also recently made with other countries in two other trade deals under the Trans-Pacific Partnership (TPP) and Canadian-Eur...


GE shares soar after CEO John Flannery ousted; Larry Culp takes helm

Adding insult to injury for Flannery, GE shares soared more than 13% after the news broke about his firing. In June GE said it would spin off its health-car...


Elon Musk resigns as Tesla chairman with multi-million dollar settlement

Musk and Tesla must each pay $20 million in fines , which will be distributed to traders who were harmed by the tweets. Tesla is required to appoint two ne...


New California internet neutrality law sparks USA lawsuit

Brown signed the nation's toughest net neutrality measure Sunday, Sept. 30, requiring internet providers to maintain a level playing field online. The Trump a...


General Electric surges after replacing Flannery as CEO (GE)

That comes after the power business posted a $10-billion loss past year. The company also said its power business had weaker-than-expected results and that ...


Petrol price crosses Rs 91-mark; cooking gas above Rs 500

Apart from petrol, Diesel also witnessed a significant hike on Monday. The rates are effective from 1 October and a similar hike will be observed in other metro...


Tweet storm: Musk quits as chairman over false claims

The SEC charged Tesla with failing to have required disclosure controls and procedures for Musk's tweets. Tesla was hit with a $20 million fine of their own...


US, Canada strike trade deal to revamp NAFTA

Trade officials on both sides rushed to hammer out differences before a Sunday midnight deadline. Negotiators from both sides spent two days talking by phone ...


Ryanair strikes disrupt 40,000 passengers across Europe

Earlier this week, Ryanair announced the cancellation of 190 of its scheduled flights due to industrial action by some of its European-based cabin crew. They ...


Bed Bath & Beyond plunges on awful sales; Stock at 18-year low

BidaskClub downgraded Bed Bath & Beyond from a "strong-buy" rating to a "buy" rating in a report on Thursday, July 12th. Analyst recommend 3.5 for BBBY and ...


Inside Amazon’s New Store That Only Sells Its Highest-Rated Stuff

The company says the store will carry everything from kitchen products to electronics and toys. "Amazon 4-Star's selection is a direct reflection of our custome...


Facebook: 50 million accounts hit by security breach

Guy Rosen, vice-president of product management, said the company's investigation is "early and it's hard to determine exactly who is behind this and we may nev...


With looming NAFTA deadline, Chrystia Freeland postpones United Nations speech

For over a year, Canada, Mexico and the United States have been engaged in talks to modernize their trade deal. US and Canadian negotiators have spent several w...


McDonald's Announces Changes to Its Burger, Quarter Pounder and Big Mac

Pickles on the sandwiches still contain artificial preservatives, but customers can request sandwiches without pickles. As the largest fast-food conglomerate ...


Deals: National Coffee Day 2018

Current or new members of the Krispy Kreme free-to-join Rewards program get a complimentary doughnut on Saturday too. Sprinkles: The famous cupcakery is f...


BMW i3 to get bigger battery with 153-mile range

The new battery will be offered across the board in the i3 as well as i3s models, with the range extender gas engine and without. That means 192 miles of ra...


Disney Cruise Line Announces 2020 Sailings - Hawaii and a New Home Port!

Disney Cruise Line today announced early 2020 deployment, including its first New Orleans-based program as well as a return to Hawaii . The cruises through t...


Volkswagen and Microsoft announce strategic partnership for Automotive Cloud

To help usher in a new wave of automotive transformation, Microsoft will provide hands-on support to Volkswagen. From 2020, more than 5 million new Volkswagen...


Boeing awarded $9.2B contract for Air Force T-X trainer aircraft

The T-X is created to bring pilot training into the 21st century, providing an aircraft to train pilots in the pipeline to fly the F-35 Lightning II. Boeing a...