Money

Tesla to buy USA battery-maker Maxwell for $218m

In a presentation, Maxwell said it expected strategic alliances "within six months" centered around this technology. Creating more efficient energy storage ...


Quadriga: Cryptocurrency exchange founder's death locks $140m

The laptop that Cotten used to move funds between cold wallets and hot wallets is encrypted and locked - leaving the exchange paralyzed after Cotten's death, ...


Google reveals the most searched Super Bowl recipes in each state

With Pizza Hut being the official sponsor of the Super Bowl. Some popular food searches from surrounding Midwestern states included tacos, buffalo chicken d...


Elon Musk just showed off SpaceX's Starship Raptor engine firing

Musk tweeted . Videos of the test, also posted by Musk, showed the engine firing for a couple of seconds before shutting down. A prototype version of the S...


Rideshare companies sue NYC Taxi and Limousine Commission over minimum wage

Apparently, because Uber is a larger and more known company, it could have higher utilization rates , according to Lyft . Lyft Inc.is also raising prices, a...


Theresa May says she is ‘armed with fresh’ Brexit mandate

May, writing in The Sunday Telegraph newspaper, shed little light on how she meant to solve the issue that has provoked most opposition from her lawmakers, po...


Rams vs Patriots: Over/under is best bet for Super Bowl 2019

And because L.A.is involved, this particular Super Bowl also happens to be a rivalry of the century: an East Coast vs. Los Angeles players will don the royal bl...


General Motors expected to cut 4,000 white-collar jobs Monday

The layoffs are part of a cost-cutting plan GM announced in November, which will slash 15 percent of its salaried and contract staff and shutter seven plants, i...


Land Rover has shelved the SV Coupe for good

Land Rover , in effect, faced the prospect of building a small number by hand, or not building it at all, at a time when the company is focused on launching the...


U.S. wants Western tech to be used instead of Huawei kit

Huawei announced the news on a conference call that started 25 minutes late due to the company issuing invalid passwords. Huawei is a strong presence in the...


BP to Expand Emissions Disclosure

Bruce Duguid, head of stewardship at investment firm Hermes EOS, praised BP's decision to disclose its carbon output. A range of investors have been pressurin...


After failure to pay debt, RCom to go for insolvency resolution process

The company has struggled under heavy debt and reported a string of losses during a price war, triggered by the market entry of Reliance Industries' telecoms ve...


Mike Ashley sitting pretty with Sofa.com takeover

However, it said in a stock market update: " ScS , one of the UK's largest retailers of upholstered furniture and floorings, provides an update on the recent pr...


U.S. employers added 304,000 jobs in January, soaring past expectations

However, December's jobs growth figure was revised to 222,000, down from an initial estimate of 312,000. The unemployment rate rose slightly, to 4 percent ...


Amazon first-quarter sales forecast misses estimates, shares down

But Amazon has an advantage over those competitors, in that it can leverage growing profits from its Amazon Web Services cloud computing division to allow...


Nissan to cancel plans to make X-Trail SUV in UK

Labour Sunderland Central MP Julie Elliott suggested there was an "inevitable role that Brexit plays here". Her tweet added that Brexit was just a part of t...


BP to be more transparent about climate efforts amid investor concerns

It asks the company to set and publish targets for the reduction of carbon emissions in line with the Paris climate change agreement, including for Scope 3 em...


BMW adds plug-in hybrid to revised 7 Series line-up

BMW has revealed two new plug-in hybrid vehicles created to combine sportiness, comfort and luxury with short-distance emissions-free capabilities. Interior ...


Confusion, delays at airport after TSA agent falls to death

TSA said it was working to return operations at the airport back to normal and that agents were forced to rescreen passengers after several scattered from the ...


Shell profit soars to USD23 billion in 2018

And it chalked up income attributable to shareholders of £17.7 billion, 80% more than in 2017. Profit after tax had come in at nearly US$13 billion in 2017, S...


Chinese Factory Activity Contracts For Second Straight Month - PMI

But gains were capped by weak manufacturing data for China. Markets in Taiwan were closed. Japan's exports in December fell the most in more than two years an...


Business secretary Clark says United Kingdom would regret no-deal Brexit 'for ever'

The text agreed by the 27 governments will be discussed by the European Parliament and the EU executive in order to finalise a regulation giving Britons visa-fr...


UK energy supplier npower to cut 900 jobs to reduce operating costs

Chief executive Paul Coffey said Npower would make significant losses this year even with the savings from the job cuts but the company is doing "everything we ...


Unilever full year results reveal growth amid market volatility

The company had previously said full-year sales growth would be at the bottom end of its 3 to 5 percent forecast range. Meanwhile, the disposal of the compa...


EU irks Britain by calling Gibraltar a ‘colony’

The document references the "controversy between Spain and the United Kingdom", over the sovereignty of the territory. British Prime Minister Theresa May co...


Tesla reports profit as issues stabilise

Profits reached £252.8million, only the second consecutive quarter in which Tesla has found itself in the black. Ahuja had been at Tesla for 11 years, with ...


Glengorm North Sea gas discovery hailed as 'biggest in a decade'

It is estimated that there are 250m barrels of oil equivalent of recoverable resources at Glengorm prospect, Total has a 25% working interest at Glengorm, CNO...


Federal Bureau of Investigation to Charge Second Chinese Citizen for Stealing Apple Car Trade Secrets

A federal criminal complaint suggests Apple security workers flagged Jizhong Chen after another employee saw him taking pictures in a restricted work area. He...


FDA expands recall on infant ibuprofen

The company announced the move this week. The U.S. Food and Drug Administration has expanded its recall on infant's oral ibuprofen over concerns that the me...


Trader Lobbies Celebrate As DIPP Refuses To Extend Ecommerce FDI Deadline

This creates a barrier for India's Shopper's Stop to sell on Amazon India , as Amazon's investment arm has a minority stake in the department store chain...