Money

Trump offers protection for immigrants in U.S. in exchange for wall funds

In a White House address Saturday, Trump had proposed a reprieve on his attempts to end the DACA program and temporary protected status (TPS) for immigrants f...


Oil jumps 3pc on OPEC plan details, US-China trade hopes

United States benchmark West Texas Intermediate (WTI) crude oil prices were US$8/bbl lower than Brent prices in December 2018, and EIA expects this differen...


Black Friday steals Christmas shoppers

Obviously these things do not cancel each other out, as Black Friday is the time of super cheap, margin-smashing discounts, so the tiny additional profits made ...


China offers to ramp up U.S. imports

The dollar index rose 0.24%, with the euro down 0.27% to $1.1364. United States stocks rose as Wall Street became more optimistic about potential progress in ...


Mukesh Ambani to launch E-Commerce platform to take on Amazon, Walmart

Ambani, who had himself supercharged internet adoption by helping crash data prices with the launch of his telecom venture Jio in 2016, had last month in Mum...


Renault says "actively working" to appoint successor to embattled CEO Ghosn

Ghosn, arrested and detained in Tokyo since November 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 201...


Powerful Winter Storm Sweeps East After Blanketing The Midwest

In New York City, the worst of the storm was expected from this afternoon through to tomorrow afternoon, with snow accumulations of 75-150mm, followed by rain t...


Aer Lingus unveil new livery as part of brand revamp

Aer Lingus today officially launched the Irish airlines refreshed brand and celebrate an exciting new chapter. Aer Lingus's famous green three-leaf clover has b...


KPMG advises Patisserie Valerie on 'devastating' fraud

The company has appointed Nick Perrin, the former finance director of United Kingdom veterinary services firm CVS Group PLC (LON:CVSG), as interim chief finan...


John Bogle, founder of Vanguard, dies at 89

Mr. Bogle built Vanguard on a cornerstone belief that was anathema to most mutual fund companies: that over the long term, most investment managers can not outp...


Wall Street advances as industrials jump on trade hopes

The only Morgan Stanley results that exceeded expectations was in investment management, with revenue of $684 million. Morgan Stanley's Chief Executive Of...


Lotus cars could be made in China at new Geely plant

Now the Chinese conglomerate will build Lotus cars in a new plant in its home country. You might think of Lotus as a quintessentially British marque, but ...


68,000 pounds of chicken nuggets recalled after consumers find wood in nuggets

Perdue Foods , LLC, based in Georgia, issued the recall, affecting 68,244 pounds of ready-to-eat chicken nugget products, according to a Thursday announcement f...


No ' Angel Tax ' for Start-Up Investors

In the absence of any further favourable clarifications or iterations from DIPP or CBDT , these startups risk having their accounts frozen, which could event...


Hotel dishwasher forced to work on Sundays wins N7.6billion

Brumer, an attorney who represented Pierre, citing the 1964 Civil Rights Act, which bars employers from discriminating against employees based on race, religion...


Facebook responds to critics with plan to invest $300m in local news

Fran Wills, CEO of the Local Media Consortium, an alliance of 80 news companies representing 2,200 outlets, said Facebook is helping the group create a brande...


Microsoft pledges $500M for affordable housing in Seattle area

In a blog post on Wednesday, the company's president Brad Smith said he made a decision to pull the trigger upon the realization that "a healthy business ne...


JP Morgan disappoints as Wall Street's dire December claims another scalp

The company said net income for the quarter was $7.07 billion, or $1.98 per share, compared with $4.23 billion, or $1.07 per share, in the prior-year period. St...


SpaceX lays off 10% of its employees due to extraordinarily hard challenges

The president further explained that the firm needs to part ways with their hardworking and talented members of the team. SpaceX confirmed that the company ...


Donald Trump cancels US Davos delegation, blaming shutdown

House Ways and Means Committee Chairman Richard Neal summoned Mnuchin on Thursday for a hearing on the economic impact of the shutdown on January 24, when he wa...


Extreme weather events considered the number one global risk this year

Furthermore, the climate deal took a hit in June 2017 when US President Donald Trump pulled his country out of the pact . While WEF has made a habit of r...


Shopko closing Dowagiac store, filing for bankruptcy

Shopko plans to relocate more than 20 optical centers to freestanding locations, while conducting an auction process for its pharmacy business. All Shopko Opt...


Les Moonves to fight CBS Corp. for $120 million severance in arbitration

CBS and Moonves had agreed in September when he was sacked that he had the option to go to arbitration to settle any differences over his severance, according t...


More Federal Workers Seek Unemployment as Americans Shrug at Shutdown

A federal judge on Tuesday denied a request from a federal employees union to require the government to pay air traffic controllers who are now working wi...


Tesla Offers Model 3 as Pwn2Own Hacking Contest Prize

That's right, the victor will get the vehicle as their prize. Tesla vehicles are software-centric and in many ways changed the industry by enabling over the air...


Donald Trump cancels U.S

The president had canceled his own attendance at Davos due to the government shutdown, but top officials including Secretary of State Mike Pompeo and Treasury...


Oxford University halts donations and grants from Huawei

The report could not be immediately confirmed. Oxford University is reportedly suspending all research grants and donations from Chinese tech giant Huawei, ac...


Small Business Owners Have ‘Grave Concerns’ Over Democrats’ Proposed Minimum Wage Hike

The bill, called the "Raise The Wage Act", would index future increases in federal minimum wages in efforts to not let the system "once again erode over time"...


Bipartisan group of senators want Trump to reopen government

Pelosi had written to the president on Wednesday asking him to delay his State of the Union address, as the ongoing government shutdown would mean federal l...


Passengers banned for life from Royal Caribbean for jumping off balcony

It seems the stunt required a bit of liquid courage - Naydev told his Instagram followers he was drunk at the time. "This was stupid and reckless behavior",...