Money

Billionaire Japanese tycoon's ‘free cash’ tweet gets record retweet

The record was held by Carter Wilkerson, a U.S. teen who in 2017 asked Wendy's how many retweets he would need to be awarded a year's supply of free chicken nug...


PG&E shares plunge on bankruptcy worries

Because of potential legislative aid, PG&E has not yet determined whether it will make a bankruptcy filing, Reuters reported . PG&E, which filed for bankrupt...


World Bank president Jim Yong Kim to step down early

Kristalina Georgieva, the lender's second in command, will take over as interim president on February 1, the Washington-based bank said Monday in a statement. H...


May says the 'danger' is ending up with 'no Brexit at all'

Following the cancelled vote, May survived a leadership challenge triggered by disgruntled Eurosceptics in her party and has been back to Brussels to try and ge...


Tesla to break ground on Shanghai plant as trade war lingers

A separate lawsuit brought by the Securities and Exchange Commission , which said the statement was misleading, was settled for a total of $40m last September....


United States employers went on a hiring spree in December: 312K jobs

The unemployment metric that includes discouraged workers and workers holding part-time jobs for economic reasons remained flat at 7.6%. Stocks surged on th...


Fed Chair Powell says would reject Trump request to resign

The Fed raised its benchmark interest rate four times in 2018, with the latest announced on December 19, when Powell said his institution's policy decisions a...


Governor calls off planned shutdown of NYC subway line

The L train shutdown was scheduled to begin April 27 and last 15 months, crippling a key piece of the city's transportation network. After taking an impromp...


Fans Call Greggs' Vegan Sausage Rolls 'Better Than The Original'

The company has today launched a vegan version of its legendary sausage roll in United Kingdom outlets following strong consumer demand. Many people praised t...


Red Deer area December unemployment rate lowest in Alberta

The research released on December 24 looked at the Canadian immigration labour market data between 2006 and 2017. "The headline unemployment rate may have def...


Marriott Provides Update on Starwood Database Security Incident

Another 8.6 million encrypted payment cards were also taken in the attack, it said . The stolen data in Marriott's breach included names, addresses, phone nu...


China's central bank to pump US$210 billion into ailing economy

In 2018, China reduced RRRs four times to free up funds for banks to lend. The cut comes amid mounting worries about the health of the world's second-larges...


U.S. job growth surges in December; unemployment rate rises

A strong employment report could offer some relief to global markets, which have reeled in recent months from a flood of concerns including slowing economic g...


Ford recalls 953,000 cars for inflator risk

Last September, Honda and Acura recalled 1.4 million vehicles for the issue and in December, Toyota and Lexus recalled 65,000 vehicles . "Long-term exposure ...


Infiniti QX Inspiration to Show at the Detroit Auto Show

It is speculated all automakers will incorporate in their vehicle not just Audi and Infiniti. It supports Infiniti's planned pushed towards electrification set...


Military withdraws from Gatwick after drone chaos

The airport's chief executive, Stewart Wingate, described the act as "highly targeted", saying they were "designed to close the airport and bring maximum disrup...


Lawsuit erases $22M in student loan debt for thousands of Arizonans

More than 6000 Arizona students who attended a chain of for-profit colleges will get their private student loans forgiven thanks to a state attorney's general...


Ghosn to make first public appearance since arrest

After the extension of detention of Ghosn by the court last week, he was spending the beginning of the year 2019 in detention through to 11 of January. Ghosn's ...


United Kingdom economy loses momentum as Brexit deadline looms

Services Business Activity Index registered 54.4 in December, down from 54.7 in November, but up from the earlier reported flash figure of 53.6. Services comp...


North records highest annual house price growth in the UK

THE north recorded the high annual house price increase in the United Kingdom at the end of 2018, according to new figures. The report also shows that regio...


Briefing: Apple cuts sales forecast following weakened China sales 1 min read

Apple began making older, cheaper iPhones in India in 2017 at a plant near the southern tech hub of Bangalore, starting with the iPhone SE and adding the iPh...


Man attacks McDonald's employee over a straw, woman fights back

Taylor continued to yell at the McDonald's employees and was asked to leave by the manager, police said. After about 15 seconds, another McDonald's employee...


$1-million Lotto 6/49 ticket that was purchased in Victoria

The winning Lotto 6/49 ticket was bought on January 3, 2018, and the victor had until 4:30 p.m. today to claim the money. The 10-digit number is: 18923844-07....


Yen soars against dollar in Europe

The news also jolted currency markets. Market watchers say the yen's surge may have further room to run as Japanese investors have made a beeline for overse...


Bristol-Myers Squibb buying Celgene in $74 billion deal

Under the proposed terms, Celgene shareholders will receive one BMS share and US$50 for each share of Celgene. Bristol-Myers Squibb is based in New York City,...


Weather Channel app accused of selling users’ personal data

In the lawsuit, Feuer adds that the company's "core business is amassing and profiting from user location data" and its failure to notify users of its intent is...


Japanese bluefin tuna sold at auction for record $4.4m

But a year ago, the owner of a different fish restaurant chain paid the highest price. Kiyomura held the previous record of 155.4 million yen for a 222-kg tun...


Vancouver Real Estate Just Had Its Worst Year Since 2000

The average price for detached houses sold in the Fraser Valley dipped to $1,016,692 last month, down 0.2 per cent compared with December, 2017. Eilers said n...


Yen surges, Aussie slides as growth fears trigger FX 'flash crash'

Market watchers say the yen's surge may have further room to run as Japanese investors have made a beeline for overseas assets, particularly USA equities, in re...


Powell tells markets Fed is flexible and aware of risks

He also defended his independence, saying he would not resign if requested Donald Trump asked. Powell was asked by a panelist at the annual American Economi...