Money

Polestar 2: 300-mile, 400-hp electric sedan coming soon

Details were pretty sparse prior to yesterday's announcement - the photo above is the only one we've seen of the vehicle - but we now know that it'll be a four-...


Taxes still due, but refunds delayed if government shutdown continues

Only about 1 out of 8 IRS workers work during the shutdown. Looking back at a year ago, by February 2, 2018, the IRS had paid $12.6 billion in refunds to more...


US House Democrats vote to end shutdown

The House of Representatives passed two stopgap measures aimed at reopening the government without providing funding for the wall . "Americans elected an aut...


Oil prices reverse course and trade sharply higher

Brent crude fell 70 cents to Sh5,310 ($53.10) a barrel yesterday. Oil gained further support from the latest supply report from the API industry group, which...


Federal Reserve's Powell seeks to reassure markets

He added that, if needed, "we are always prepared to shift the stance of policy and to shift it significantly". The latest economic data was welcomed by Wall ...


Apple is trying to steal business from China’s homegrown smartphone players

The note about record activations comes as Apple for the first time did not report quarterly unit sales of the iPhone , which it's done since the launch of...


China says USA envoys due in Beijing for talks on trade fight

Trade Rep. Jeffrey Gerrish; the top U.S. trade negotiator on agricultural issues, Gregg Doud; Treasury Under Secretary for International Affairs David Malpass; ...


Apple Removes iPhone 7 and 8 From German Stores

The court also granted Qualcomm's request for an accounting of the details associated with all sales, including revenues and profits of the accused devices in G...


United States team to visit China for trade talks next week

The reports also said that the US team would be headed by Deputy US Trade Representative Jeffrey Gerrish and would include Under Secretary of the Treasury for...


Apple stocks tumble after company cuts forecasts for key quarter

Apple had previously estimated it would earn revenues of $89 to $93 billion in the most recent quarter. Shares in Apple opened 8.6 per cent down on Wall Stree...


Oil price rises as Saudi Arabia cuts output

Further to yesterday's positive settlements following a reported drop in December crude exports emerged from Saudi Arabia, the market is keeping abreast with th...


Two years after its launch, India stops printing new Rs 2,000 notes

The Modi government underwent faced heat over the decision as the Opposition alleged that the decision was taken out of the blue without proper planning and mot...


Cooked: Apple shares spiral as investors launch 'securities fraud' lawsuit

That spells trouble for companies that rely on China's enormous market to boost their global sales. Their collective stumble helped drag down United States stoc...


Oil’s Turbulence Extends Into 2019 on Economic and Supply Risks

WTI spot crude oil futures were at $45.85 per barrel, up 44 cents, or 1%. Global benchmark Brent crude climbed nearly 4 percent percent to near $56 a barrel...


Trump adviser warns more USA companies will suffer in China trade war

The US and China have exchanged tit-for-tat tariffs on more than $300 billion worth of goods in total two-way trade, locking them in a conflict that has begun t...


How Norway got people to buy electric cars

However, some analysts are skeptical about Norway touching its 2025 goal for emissions-free new cars. By contrast, such electric cars only had a 2.2% share ...


UAW Sues GM, Says Laid-Off Workers Should Replace Temps

Out of the 1,000 employees with senior status who were laid-off nationwide, 690 of those workers were laid-off from Lordstown and applied for openings at the Fo...


MI ranks 10th on list of most moved-from states

Americans are relocating to western and southern parts of the country, making Idaho the third most popular stat3we to move to -- according to United Van Line...


Krispy Kreme delivers dozens of fresh doughnuts to police after truck fire

After a tweet from the Lexington Police Department "mourning" the deceased doughnut truck went viral, Krispy Kreme has offered to send the officers more doughnu...


Man arrested after 'assaulting McDonald's worker in dispute over straw'

A Florida man spent New Year's day in a jail cell after police say he attacked a McDonald's employee for not giving him a straw. James responded by hitting hi...


It's all about Apple as it blames China

Apple on Wednesday fed fears that the global economy could be slowing faster than anticipated by announcing it would miss its first-quarter revenue estimate, a ...


Protest at Huntingdon Railway Station against rise in fares

The protests follow figures that place punctuality at a 13-year low, with Press Association data revealing that one in seven trains was delayed by at least five...


Tesla has over 3,000 Model 3s left in US inventory

Calls to the stores indicated they had a mix of Model 3 sedans that could be picked up today. The tax credit shrinks by 50 percent on January 1, to $3,750. Gene...


The minimum wage is increasing in these 21 states

The federal wage rate of $7.25 an hour will remain in effect next year. South Dakota's current $8.85 minimum wage increases to $9.10 on January 1. Those in Ne...


Cathay Pacific glitch gives fliers 95% discount on first class tickets

You can fly from Southeast Asia (Vietnam) to NY in Cathay Pacific business class from $675 roundtrip. A business-class return ticket to NY from Vietnam's Da Nan...


Markets Right Now: Stocks end dismal year on a bright note

Though the entire year was relatively rocky for the U.S. indexes, December was by far the worst month, with the S&P 500 seeing its worst month since the Great D...


Passengers removed from flight with mysterious illness

The remaining passengers were kept on the plane for about an hour after it landed. Officials have not disclosed symptoms experienced by passengers. Represen...


Tesla shares drop after US price cut, production numbers

The company announced a US$2,000 price cut on each of its vehicles to help make up for USA buyers now being eligible for only a US$3,750 federal tax credit for ...


Activision Set to Fire CFO for Mysterious, Undeclared Cause

Activision Blizzard has revealed that its chief financial officer Spencer Neumann has had his contract terminated for " cause unrelated to the Company's financi...


Nigeria to lose 27% of oil production in 2019

Benchmark crude oil futures continued their drop last week, posting weekly losses for Brent and WTI of 4.0% and 1.2% respectively. Oil prices will take a cue fr...