Money

Europe stops taking piped Russian oil due to contamination

The Druzhba, or Friendship, pipeline system is a Soviet-era behemoth, originally created to carry crude from the USSR to allied countries in eastern Europe. A s...


American expects $350 million hit from grounded Boeing plane

The airline cancelled 15,000 flights using its two dozen 737 Max jets up until late August. The 737 Max jet grounding forced the Texas-based carrier to cancel...


Subscribers Swarm Netflix In Record Numbers

Two weeks ago, however, Disney CEO Bob Iger and other top officials of the company finally announced in a presentation in Burbank, California during their 201...


Alexa team can locate customer addresses, claims new report

When asked about access to location data and user privacy on Wednesday, a spokesperson for Amazon said, "Access to internal tools is highly controlled, and is...


China's Belt and Road is 'green and clean,' says Xi

Xi invited foreign and private sector partners to contribute funding to China-backed infrastructure projects. The forum is being attended by 36 heads of state...


The US economy blows past growth expectations in the first quarter

Economists predicted that the federal government shutdown and cold weather that slowed economic activity in parts of the country early in the year would drag ...


Uber Lowers IPO Valuation After Posting Sizable $1 Billion First-Quarter Loss

Uber is taking a conservative approach to its valuation and could later raise the price depending on investor demand, the people said. Uber also disclosed tha...


LG To Close Korean Phone Manufacturing Plants - Relying On Cheaper Overseas Factories

South Korea's LG Electronics plans to suspend manufacturing of its loss-making mobile phones in the country this year and shift the production to its existing ...


Amazon to Deliver Goods Right Into Your Garage

Letting Amazon into a garage rather than a front door might be an easier sell for people who are anxious about privacy. The service is sold as a kit that incl...


Ex-Nissan Boss Ghosn Bailed out of Tokyo Jail

Tokyo District Court said it had temporarily suspended the process pending the appeal after initially granting bail of $4.5 million to the tycoon, who faces ...


Nasdaq, S&P 500 hit record-closing highs on upbeat earnings

The Dow Jones Industrial Average gained 0.6 percent to end at 26,656, just 1.1 percent shy of its October 3, 2018 record at 26,828.39. On Wall Street, the fut...


Harley-Davidson Points To Tariff Impact As Trump Weighs In

Harley is struggling to attract younger riders as consumer tastes shift away from pricey, heavyweight motorcycles. "We're delighted to be welcoming such an i...


Walgreens Still Selling Cigarettes, But Will Hike Minimum Age For Sales

Food and Drug Administration for flouting tobacco sale rules by selling tobacco products to minors. The agency said that of the more than 6,000 Walgreens loc...


Windows and cloud pushes Microsoft to another successful quarter

As for where Microsoft looking beyond this rather impressive quarter, the company expects "intense competition in all of our markets that may lead to lower r...


Coli Outbreak Forces Recall of 56 Tons of Ground Beef

You can prevent the spread of E.Coli by cooking ground beef properly and by washing your hands while preparing the meat. The Centers for Disease Control and ...


Huawei Q1 Revenue Jumped 39%, Deploys 5G Worldwide

Its net profit margin was 8% for the quarter, but the company didn't disclose its actual net profit. Accusations against Huawei have regularly come without pu...


Virtual corpses and blood puddles are now banned in China

Shares of global game developers-including local giants Tencent and NetEase-plummeted, and smaller players were squeezed out of the market, as China's gaming ...


Facebook anticipates an FTC privacy fine of up to $5 billion

Facebook Inc blew past Wall Street profit estimates in the first quarter and set aside $3 billion to cover a settlement with USA regulators , calming investor...


China protests USA sanctions threat for buying Iran oil

United States President Donald Trump wants to eliminate all of Iran's revenue from oil exports, money he says funds destabilising activity in the Middle East a...


Beyond Meat Burgers Are Coming To Metro Vancouver Grocery Stores

Excessive intake of plant-based meat products may increase the weight of the body. Plant-based meat products are gaining popularity nowadays due to many health ...


Tesla Model S can now go 660km on a single charge

But now he has confirmed that Tesla is working on a new battery pack that it will start making next year. But wait, there's more: Tesla is also bringing b...


Need to return an Amazon Package? Just stop by your nearest Kohl's

While Amazon returns are nearly always free, you usually have to package the item yourself, print a return label, and drop it off at a UPS location. The two c...


Ford electric vehicle: Ford invests $500 million into Tesla competitor Rivian

Rivian, which has shown concept versions of an electric pickup and SUV, will remain an independent company, and the investment is subject to regulatory approval...


N.Korea removes leader Kim's right-hand man

The North Korean leader visited Russian Federation again in 2011 when he was hosted by Dmitry Medvedev , the Putin lieutenant who was serving as President ...


Kraft Heinz CEO stepping down, Patricio named successor

He succeeds Bernardo Hees, 49, who was made CEO in 2015 when Kraft Foods and H.J. Heinz merged. The regulatory inquiry was revealed in February as the compa...


Spawned by Google, Wing wins FAA’s air carrier certification for drone deliveries

On its Medium blog, Wing said that it had to meet stringent safety requirements by submitting evidence from over 70,000 test flights and more than 3,000 deliver...


Stop & Shop, workers reach tentative contract agreement, end strike

Quincy, MA- Ten days after 31,000 Stop and Shop employees walked out in protest of their employer's proposed cuts to wages, pension plans, and healthcare benefi...


Trump complained to Twitter CEO about lost followers

Nunes even went as far as to slap Twitter with a $250 million lawsuit last month alleging conservative bias. Like its rival Facebook , Twitter has ramped u...


Student accused of robbing Apple Stores sues for $1 billion

The lawsuit alleges that Apple "relied so heavily on its facial recognition software that [it] failed to consider the possibility of human error in its identi...


Jet collapse: Privatisation not remedy, says Air India employees union official

With operations being seized, one of the options to safeguard the interest of the employees was that capable employees be absorbed by other airlines. The lend...