Money

Payless is closing down its stores in the U.S.

The Kansas-based discount shoe retailer previously filed for bankruptcy protection in 2017 when they closed 673 stores. At the time, it had over 4,400 stores ...


Brent oil rises as investors grow optimistic about OPEC deal

At the moment the barrel of WTI is up 0.70% at $56.13 facing the next hurdle at $56.24 (2019 high Feb.18) ahead of $57.05 (100-day SMA) and then $58.00 (high ...


United Kingdom 'doesn't need to ban' Huawei 5G kit

Washington is trying to "fabricate an excuse for suppressing the legitimate development" of Chinese enterprises, said the foreign ministry spokesman, Geng Sh...


RBI To Pay Rs 28,000 Crore Interim Dividend To Government

This was on top of 500 billion rupees paid to the government in August 2018, including 100 billion rupees interim dividend paid in March 2018. Finance Minis...


Woman kicked off U.S. flight after profanity-laced rant, spitting on passengers

Deputies said Gonzalez then got up and went to a seat that was unassigned to her without permission from the flight crew. Footage taken from inside the cabin ...


Uber narrows losses, growth slows on the road to IPO

Uber closed 2018 with total revenues of $11.3 billion, a 43 percent year-over-year rise. The staggering figure represents a modest improvement from one year ago...


Retailer Payless to file bankruptcy, close stores

The company expects all stores to remain open until the end of March and the majority until May. The debt-burdened chain filed for Chapter 11 bankruptcy pro...


Brexit hit airline Flybmi flights from Norwich to continue

That is making it more hard for businesses to plan for the separation. The East Midlands-based airline offered services from various United Kingdom airports a...


Britain 'believes Huawei 5G security risks can be mitigated'

According to the Financial Times , the UK National Cyber Security Centre (NCSC) believes it can mitigate the risks posed by Huawei's 5G network equipment w...


'Backstop can be changed without reopening May's deal' - United Kingdom minister

In the letter to her fractious colleagues, excerpts of which were released by Downing Street late Saturday, May urged the party to "move beyond what divides us"...


All Payless ShoeSource stores to close

Before this announcement, there have been 2,187 USA store closing announcements this year, with Gymboree and Ascena Retail, the parent of Lane Bryant and othe...


Brent oil hits 2019 high above $65

It fell back to $64.75 by 0850 GMT, up 18 cents or 0.28 percent from the last close. However, prices pared gains after a report showed US energy firms this we...


Amazon's NY project foundered on labor organizing, opposition to subsidies

Now, even without NY, a second headquarters will give such threats even sharper teeth, allowing Amazon to keep playing cities off against each other. When it ...


'Dog Mode' feature to keep pets from getting hot in Tesla cars

Dog Mode allows owners to set a temperature in the vehicle's cabin while the auto is "off" to keep man's best friend comfortable. We have a feeling we know wh...


Rivian EV truck maker gets big money from Amazon

Details of Amazon's stake in USA -based Rivian were not disclosed, but the company said it will remain independent. In a statement , GM said, "We admire R...


Amazon to acquire mesh wi-fi networking startup eero

Amazon has acquired home mesh Wi-Fi device manufacturer eero, expanding its capabilities in the smart home segment. Eero also has a security service, which it...


Bill Gates says he should pay higher taxes, doesn't 'deserve' his fortune

His view may be more closely aligned with Sen. While the Microsoft co-founder and world's second richest man agreed the US could be "more progressive", he d...


JPMorgan Chase’s digital coin plan just killed the Bitcoin dream

JP Morgan , the gargantuan investment bank led by Jamie Dimon , just became the first major USA financial institution to launch its own cryptocurrency . "Mone...


Bezos's lover's brother leaked texts to the National Enquirer

David Pecker , CEO of AMI which owns the National Enquirer , is friends with the American president and, as the New York Times reported , received immunity f...


Fundstrat: Bitcoin Fundamentals "Should" Turn Positive Over 2019

According to Tom Lee , the company has identified 9 incremental improvements in the cryptocurrency landscape that could have a beneficial impact on the market....


Amazon just canceled HQ2 in NY, and everywhere else too

They suggested in a document released today that these politicians "will not work with us to build the type of relationships that are required to go forward wit...


With latest deals, Amazon reveals sudden interest in autonomous and electric vehicles

Rivian declined comment at this time, and Amazon said that it doesn't comment on rumors/speculation. It would be a major boost for the Plymouth, Michigan-based ...


Tesla has rolled out a DOG MODE

The company has released a software update for its cars that includes a new feature called " Dog Mode ". Once activated, the acceptable temperature limits are...


US solar jobs down for second year due to Trump's tariffs

Feb 12, 2019-Illinois outpaced 48 states in solar jobs growth in 2018, adding 1,308 jobs in a single year, according to The Solar Foundation's latest National ...


Five Reported Injured After Emergency Landing at Reno-Tahoe International Airport

He posted a brief video which appears to show a cart that overturned because of the harsh conditions. 'Crazy turbulence and injuries, but the @delta crew ha...


Trump Considers 60-Day Extension for China Tariff Deadline

It is believed Washington, which is sceptical about any commitment by China, wants to negotiate a mechanism which would allow it automatically ramp up tariffs a...


Death of the superjumbo jet: Why Airbus is killing the A380

The costly aircraft has struggled to compete with more efficient, smaller models. "In short, we believe Airbus traveled a long way in full-year 2018 and heads...


Oil Holds Gain as Saudi, Venezuela Supply Cuts Eclipse U.S. Boom

Most of that reduction has been thanks to Saudi Arabia. Compliance by non-OPEC participants was only 25 percent, however, it said. According to IEA data Rus...


Users protest after Tencent invests in Reddit

A. Milne character after people claimed the character held a physical resemblance to Xi Jinping. Meanwhile, Reddit heavily advocates for the freedom of speech...


IPhone shipments plunge in China as Huawei tightens grip

Apple's October-December shipments suffered a almost 20-percent decline from the same period in the previous year. China's top electronics retailers slashed p...