Money

Nissan cancels lease on Ghosn's Tokyo apartment

Nissan Chief Executive Hiroto Saikawa has denounced Ghosn, accusing him of using the company's money and assets for personal gain. His defense team said he co...


World's richest man Jeff Bezos is getting divorced

The couple has four children: three sons and one daughter adopted from China. Sanchez's husband, Whitesell, is one of Hollywood's most powerful agents. Acco...


Apple’s iPhone 2019 series will bring no major upgrade

Many Android handsets, including Google's Pixel 3 XL , combine hardware and software to produce some of the best photos we've seen from any smartphone. iPhone ...


Tesla To Discontinue Sales Of Lowest-Prices Models S, X

The Tesla CEO was presented with this offer by no less than Chinese Premier Li Keqiang during a meeting between the two on Wednesday regarding the future Tes...


FCA Diesel Owners to Get Money and Fix in Emissions Settlement

Bosch and its US unit must pay $98.7 million to 47 states, the District of Columbia and Puerto Rico and Guam, and $27.5 million to 104,000 Fiat Chrysler die...


Longer US government shutdown will hit economy, says Fed chief

US stocks initially turned lower after Powell said the central bank is sticking with its process of shrinking its balance sheet to a more normal level, which re...


China-US trade talks have laid foundation for a deal, ministry says

China and the US wrapped up three days of trade talks, with people familiar with the discussions saying their positions were closer on areas including energy an...


FDA Halts Routine Food Inspections Due to Government Shutdown

The Food and Drug Administration has postponed routine domestic food safety inspections of many high-risk foods this week due to the ongoing partial government...


Apple cuts production plan for new iPhones by 10% for first quarter

This comes after Apple slashed its quarterly sales forecast last week. Rumor has it that Apple is scaling back its production plans for its most recent fleet ...


Rare penny found in cafeteria change could sell for over $1 million

These white colored "steelies" were produced in large numbers and seen in circulation throughout the 1950s and '60s when collectors started pocketing them, but ...


U.S. dollar drops amid speculations over Fed's waning monetary tightening

On Friday, Fed Chairman Jerome Powell told the American Economic Association that the US central bank is not on a preset path of interest rate hikes...


Markets buoyed by optimism over US-China trade talks

Washington is pressing Beijing for changes including rolling back plans for government-led creation of Chinese global champions in robotics and other fields. ...


IRS Will Send Out Tax Refunds Despite Government Shutdown, White House Says

The decision could prove extremely consequential for US households and the USA economy. "The IRS usually pays around $125 [billion] in tax refunds in February...


Trump bullish on U.S.-China trade talks

Delegations from China and the USA ended talks that had lasted longer than expected. But China has bought only around 5 million tonnes since purchases resumed i...


‘Deeply disappointed’: Unifor president Jerry Dias reacts after GM meeting

Unifor president Jerry Dias met with GM officials Tuesday afternoon and said at a news conference in Windsor after that GM will not change its position on the c...


Mobile and Verizon rebuke AT&T’s fake 5G efforts

And it has added the 5G E indicator to show customers when they're connected to a 5G Evolution tower. "W$3 e're calling on the broad wireless industry to comm...


Larry Ellison discloses $1B stake in Tesla

At current market prices, Ellison's stake is likely somewhere near 3 million shares of the EV automaker. Only weeks later we were informed that Larry Ellison,...


Vehicle sales: Brits buy significantly fewer cars

Some 2,367,000 new cars were registered in 2018, down more than 173,000 on the previous year with the United Kingdom trade body predicting a further 2% drop in ...


Oil Extends Longest Rally in 17 Months as Supplies Seen Tighter

Futures for the US benchmark contract posted the lengthiest win streak since an eight-session period ended July 3, 2017. International Brent crude futures L...


TSA Agents Keep Calling In Sick In High Numbers

But concerns about the number of callouts in Palm Springs have reached the point that security operations may be impacted and employees may be disciplined for m...


RCMP to break up northern B.C. First Nation's pipeline checkpoints Monday

The pipeline is meant to pass through Wet'suwet'en First Nation territory that those standing against the pipeline say was never ceded through treaty. The chief...


Screaming woman lunges at airport staff while calling them rapists

Viral video posted Monday on Instagram shows the unnamed passenger hurling insults and threats at an airline employee at Fort Lauderdale-Hollywood Interna...


Sears Takeover Bid Fails, Asks Bankruptcy Judge To Liquidate

After two long delays at a morning hearing in bankruptcy court, attorneys for Sears announced it had accepted a revised bid from a hedge fund controlled by Edd...


Samsung Electronics flags near-30% slump in Q4 operating profit

Samsung withholds net profit and sector-by-sector business performance data until it releases its final earnings report, which is expected later this month. Whe...


Departures suspended at Heathrow after drone sighting

It added it first received the reports at about 5:05 p.m. Tuesday. She said: "As a precautionary measure, we have stopped departures while we investigate". "W...


Intel showcases technology for next era of computing at CES 2019

It has several products that could qualify for that, but Ice Lake is the likely suspect. 9th Gen Intel Core desktop At the CES 2019 , Intel announced new...


Hyundai's 'Elevate' concept is a four-legged first responder

The Elevate concept is based on Hyundai's new E-GMP modular electric vehicle platform and has the capability to switch out different bodies for specific situati...


Carlos Ghosn says he is innocent in first court appearance

The once high-flying executive, dressed in a dark suit and without a tie, was handcuffed as he entered the court; a rope around his waist. Ghosn said he had...


Apple’s CES Ad Hits Google And Amazon Where It Hurts

The Apple promotion is a take on the popular Las Vegas slogan, "What happens in Vegas stays in Vegas". While the ad makes a jab at Google, Facebook, and other...


Sidestepping trade war, Musk breaks ground on Tesla Shanghai plant

The Shanghai Gigafactory is significant not just because it's Tesla's first fully owned factory in China, but because it is the first wholly foreign-owned vehic...