Money

Qualcomm: $44B NXP acquisition is dead

Qualcomm scrapped its proposed $44 billion bid for rival chip-maker NXP in July after an nearly two-year wait for approval, as tensions between the USA and Chin...


Alberta to reduce oil production in 2019 to increase prices

Saskatchewan's industry is conventional oil, not oilsands production, Moe said. So, Notley's short news conference Sunday evening was a bravura performance. "...


Quora data breach results in 100 million users affected

The kinds of information that was exposed include account information, like users' names, email addresses, passwords and data imported from linked networks (l...


China will allow UBS to control local securities business

UBS, which now holds nearly 25% in the local venture, said in a statement that it would acquire additional stakes from state-owned asset manager China Guodian...


Highest-Paid YouTube Star Is 7 Years Old

Since launching his channel in 2015, the American boy has gained more than 17 million followers and around 26 billion views. Videos are posted most days and o...


Amazon 'testing cashierless technology for bigger stores'

Amazon is reportedly considering using the technology in its Whole Foods stores, the supermarket chain it bought previous year. Business Insider contacted Amazo...


Tumblr Tightens Grip: Users Mourn as Platform Announces Ban on Adult Content

According to a support page published after the ban's announcement, the company plans to ban "photos, videos, or GIFs that show real-life human genitals or fema...


Tesla autopilot blamed as driver found asleep at 70mph

A driver found passed out at the wheel of his Tesla while travelling at 70mph may have been using the car's autopilot . After 7 miles, and assuming the veh...


United Kingdom retailer Ted Baker to investigate company "culture of hugs"

In a statement responding to the allegations, Ted Baker said it has "always placed great importance on the company's culture and owes everything to the commit...


George H.W. Bush heads to DC for the last time

Bush. CNN caught up with him quickly as he walked through the airport. The nation's 41st president died on November 30 at the age of 94 at his home in Hou...


G20 leaders agree on summit statement that's tough on trade

The Group of 20 summit enters its crucial second and final day Saturday with hours left for diplomats to bridge divisions on major issues including world trade,...


Canada's Alberta province orders drastic oil production cuts to fight price crisis

The Alberta government announced a plan Sunday to impose oil production cuts starting in January to reduce output by 8.7 per cent or 325,000 barrels per day unt...


Business Roundtable cheers Donald Trump-China trade truce

There was no immediate statement from either side when the dinner of more than two hours ended in Buenos Aires . As the professor explained , the trade war...


Qatar to quit OPEC in 2019, says Energy Minister

The decision to withdraw was due to Qatar's plans to increase production, the minister said. Al-Kaabi said that Qatar made a decision to pull out this calenda...


Veteran, FedEx driver stops to fold fallen flag: 'It’s the Marine way'

Having watched back her security footage to see what happened to the flag, Gail felt inclined to share it in a post on Facebook. The FedEx driver saw this when...


Mike Lynch rejects fraud charge as 'meritless'

The company claimed repeatedly between 2009 and 2011 that 68 per cent of its Cambridge, UK based business came from the U.S., making it seem attractive to poten...


Google's controversial Dragonfly project sparks employee backlash

Employees say launching Dragonfly in China would establish a unsafe precedent and one that could lead Google to make similar concessions in other countries. A p...


OPEC meeting looking at new price peril

The release of a new OPEC report in which the group revised down its demand forecasts for 2019, with higher-than-anticipated oil production from US shale oil re...


Payless entices influencers with fake luxury boutique

Shoppers called the shoes "stunning, elegant and sophisticated" before being told the shoes weren't designer. "I could tell it was made from high-quality ma...


Floyd Mayweather and DJ Khaled settle with SEC over cryptocurrency promotions

Centra Tech Inc . reportedly paid Mayweather a hefty promotional payment of $100,000. The founders of the company Robert Farkas and Sam Sharma were arreste...


German police raid Deutsche Bank over suspected money laundering

The Panama Papers consist of millions of documents from the Panamanian law firm Mossack Fonseca that give information on shell corporations used to carry out...


US, China declare 90-day halt to new tariffs, White House says

To force China to end its unfair practices, the United States has imposed tariffs on almost $250 billion worth of Chinese goods this year and the levies will ...


Powell Comments Suggest Fewer Rate Hikes Next Year

Powell said he and other policy makers continue to see a "solid" outlook for the USA economy, while noting that interest rates are "just below" the so-called n...


The Nissan Leaf Nismo RC is a great-looking EV racer

But there's clearly potential, as proven by this, the all-new Leaf Nismo RC . In addition to the electric all-wheel drive and torque vectoring system, the plac...


Bayer To Layoff 12,000 Employees Worldwide, Impact In Pittsburgh Unclear

German chemical and pharmaceutical giant Bayer said yesterday it would slash 12,000 jobs in a major restructuring following the mammoth takeover of Monsanto , ...


Drunk Pilot Receives Ten Months For Being Nine Times Over Limit

As he was jailed at Isleworth Crown Court on Thursday, Judge Phillip Matthews said Jitsukawa was clearly "very intoxicated" prior to the 7pm take-off and had be...


Dow up 600 points as Fed chief says interest rates near neutral

On Wednesday, Fed Chair Jerome Powell had said US interest rates were "just below" neutral, less than two months after saying rates were probably "a long way" f...


Marriott data breach impacts 500 million Starwood hotel guests

For some it also included payment card numbers and their expiration dates. Some impacted guests were more fortunate, with their stolen information potentially...


Payless Tricks "Influencers" Into Buying Discount Shoes For $600 At Fake Event

The privately-held Topeka, Kansas-based shoe seller executed the reverse of a bait-and-switch operation recently with a luxury influencer event held in Santa Mo...


Adani secures financing to develop Carmichael mine and rail link

Construction of the project, which has been repeatedly delayed by protests from politicians and environmentalists, can now begin, Adani's mining chief Lucas D...