Money

Jet Airways Chairman Goyal steps down, halves stake

Jet Airways has more than Rs 8,000 crore in debt and is looking for urgent liquidity infusion to pay its pilots, engineers and make payments to its lessors. In...


Pinterest Eyes April IPO to Capitalize on Hot Market for New Stocks

The final size will change. Both Lyft and Uber filed confidential IPO documents with the Securities and Exchange Commission on the same day in December. Inves...


Jet Turbulence: IndiGo poaches over 100 pilots

A New Delhi-based pilot of the airline, who has already applied to other airlines for recruitment, said his financial position has become untenable since his ch...


In full compliance with the USA sanctions on Venezuela, says RIL

US President Donald Trump has been using the sanctions as a political tool to unseat President Nicolas Maduro . The Reliance statement was in response to a...


Debenhams shares crash as it asks shareholders to approve £200m loan

Less than an hour after Debenhams' announcement, Sports Direct came out with a new offer to acquire Debenham's Danish chain, Magasin Du Nord , for £100m ca...


Trump to Nominate Stephen Moore for Fed Board

The Fed's patience, he said , does not mean it has ruled out any rate rises for the rest of the year, and it does not constrain its options. Trump had actual...


Mass. Adds More Jobs, But Rate Of Job Growth Has Slowed

That's up eight-tenths of a percentage point from the unemployment rate in February 2018. The national unemployment rate in February was 3.8 percent. "Our tra...


Explainer - What is an inverted yield curve?

Mint in Washington, August 15, 2007. Harvey has been keeping a close eye on these rare, "inverted" yield curves for more than 30 years and treats them as a ...


Demonstrators head to London to demand second Brexit referendum

Conservative peer Lord Gadhia, a former member of David Cameron's inner circle, said the upcoming days in Parliament may be "very dramatic" and could see the e...


German manufacturing downturn deepens in March

IHS Markit said the PMIs pointed to first-quarter GDP growth of 0.2 per cent, below the 0.3 per cent predicted in a Reuters poll last week. The broader euro z...


Musk Lawyers Hit At The SEC, Cry 'Unprecedented Overreach'

EST on February 19 to his over 24 million Twitter followers that Tesla could build around 500,000 vehicles in 2019. In a Friday filing in Manhattan federa...


GM announces jobs, electric vehicle after Trump criticism

General Motors CEO Mary Barra on the automaker's plans to build an electric vehicle plant at a plant in Orion, Michigan, President Trump's criticisms of the...


New Zealand defends mosque attack response at Muslim meeting in Turkey

Erdogan's comments at a series of election campaign rallies - including calling on New Zealand to restore the death penalty and repeatedly showing video foota...


Levi Strauss worth $6.5bn in stock market return

Levi Strauss has said in its IPO documents filed with regulators it plans to use proceeds from its offering to invest further in its business, including po...


$625 Million Powerball Jackpot Up for Grabs

The cash option is about $30.2 million. Powerball games start at $40 million and the payout increases each drawing until someone wins the jackpot. Leach won t...


London Waterloo: South Western Railway delays as works overrun

The impending battle for passengers between Edinburgh and London stepped up a gear today with the unveiling of a new fleet with the promise of £25 fares. "Our p...


Tim Hortons finally just launched a rewards program

For a limited time, Tim Hortons is also aiming to drive adoption of the loyalty program by offering users a free gift after their first order over $1.50. You ...


More dog food recalled for possibly toxic levels of vitamin D

Hill's Pet Nutrition has announced it's recalling eight more varieties of canned dog food over concerns regarding potentially toxic levels of vitamin D. The rec...


Canopy Growth acquires AgriNextUSA to boost USA hemp business

Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. Cypress ...


Anti-body does not help - Alzheimer's disease-studies aborted

The tests didn't reveal serious safety concerns. Without potential future revenue from Alzheimer's, Biogen has poor growth prospects as it faces patent issues...


United Kingdom interest rates on hold amid Brexit impasse

In setting interest rates the Bank is aiming to keep inflation within 1% either side of its target of 2%. Tej Parikh, senior economist at the Institute of Dir...


Tesla sues former employee for allegedly stealing Autopilot code

This one was filed against a single former employee, Guangzhi Cao, who went to work for XMotors earlier this year. From the filings, it certainly seems that way...


MillerCoors Sues Anheuser-Busch Over Super Bowl Corn Syrup Ad Campaign

The maker of Miller Lite and Coors Light doesn't see the amusing side of Bud Light's corn syrup Super Bowl ads. MillerCoors said it never uses high fructos...


Levi's soars in return to public markets

The stock opened at $22.22, up 31 percent from its offering price of $17, which was better than the expected range of $14 to $16. Shares were at $22.60, up 32...


Jaguar Land Rover wins case against copycat Land Wind X7

The court ordered that Jiangling must immediately stop selling, making and marketing the Landwind X7 and pay JLR compensation. The Landwind X7 severely underc...


Porsche Will Build More GT2 RS Models After Ship Wreck

Among those 2,000 cars were four Porsche 911 GT2 RSs , making their way to their (un) lucky new owners in Brazil. The Porsche GT2 RS is a limited-run ran...


AT&T's Fake '5G E' Network Slower Than Verizon, T-Mobile LTE

Credit: OpenSignalThe findings announced today (March 22) use OpenSignal data recorded between January 28 and February 26 of this year. The initiative changed...


Lawsuit Alleges JetBlue Pilots Drugged, Rapped Crew Members

Accusing the two of drugging and raping three staff members during a layover in Puerto Rico past year in what the Pilots referred to as a "fantasy" sexual assau...


Star Network is now a part of Disney Company

Twenty-First Century Fox Inc has a 12 month low of $38.00 and a 12 month high of $41.95. Meanwhile, Disney takes over ownership of 20th Century Fox film a...


Oil hovers below 2019 highs amid OPEC supply cuts, United States sanctions

On London-based ICE Futures, the price for Brent crude oil to be delivered in May was down $0.62 to $67.68 a barrel. The price of a barrel of American oil e...