Money

RBA holds but rate cut coming

At the same time, the RBA characterized the labor market as "strong" and said it expected the unemployment rate to ease to 4.75 percent in 2021 from current lev...


It is time to break up Facebook: Company co-founder Chris Hughes

Facebook on Thursday rejected an article in which its co-founder Chris Hughes called for the break-up of the company's monopoly and greater government regulat...


GM, union reach deal to rescue part of Oshawa plant

At a press conference Wednesday, Unifor national president Jerry Dias acknowledged that the agreement wasn't entirely ideal but said saving the plant and hundre...


Trade deal with China still 'possible,' says Donald Trump

President Trump's increased pressure, and timing of raising the tariffs from 10% to 25% has resulted in an equally hard line response from China . Commerce ...


GM autonomous unit Cruise valued at $19 bln in funding round

Cruise says it has raised $7.25 billion in capital in the previous year. In the previous year, Cruise has secured funding totaling $7.25 billion. Once Cru...


Warren Buffett: Apple earnings confirm why we invested $50 billion

Charlie Munger, business partner of billionaire Warren Buffett , said Saturday the two are "ashamed" of not having invested in Google , which has become one o...


GM plans to sell Lordstown factory

During a visit to the Lima in March, Trump called for the plant to be sold so local workers could be employed again. The UAW sued GM in February, alleging the c...


Warren Buffett: Bitcoin is 'like a seashell or something'

Berkshire reported the numbers don't include any donations from its ownership of more than one-quarter of Kraft Heinz, which has fought. It seems like Apple's...


Malta-registered crypto exchange Binance says hackers steal €35m

Hackers managed to obtain API keys, two-factor-authentication codes and other information. "There may also be additional affected accounts that have not been id...


Tencent pulls blockbuster game PUBG in China, launches patriotic alternative

IHS Markit game analyst Cui Chenyu told Reuters that the title is "almost exactly the same" as PUBG , though it's said to lack more gory elements in line wit...


Uber, Lyft drivers on global strike just before Uber's IPO

What is clear is that this could be the largest driver protest in the United States yet, and a sign of what lies ahead for the company. Uber's IPO is more tha...


Latest Phone Scam - One Ring Call-Back

Don't call back phone numbers that ring once and hang up, the Federal Communications Commission (FCC) has warned. The FCC said Friday that the 222 country c...


Google Pixel 3a’s Full Specs Leaked Ahead Of Google I/O 2019

In terms of connectivity, the Google Pixel 3a is expected to support USB Type-C port, 3.5mm audio jack, Wi-Fi 802.11 a/b/g/n/ac, Bluetooth 5.0, GPS, GLONASS, ...


Iran hasn't cut offshore oil nor halted exports, according to IOOC

United Nations inspectors say that Iran has remained in compliance with the nuclear deal, which is still backed by European powers as well as Trump's Democratic...


Oil Falls As Trump Threatens New Tariffs On China

It rose 10 cents on Friday to $70.85 per barrel. Both the United States and global firms have said they are being harmed by the trade war . Trump complained ...


Microsoft announces Fluid Framework at Build 2019

Microsoft introduced Fluid Framework, a novel web-based platform and componentized document model for shared interactive experiences that enables intelligent a...


Trump stokes trade war with vow to raise China tariffs

Mr Trump tweeted that tariffs of 10 percent on certain goods would rise to 25 percent on Friday, and $325bn of untaxed goods could face 25 percent duties " sh...


Deals you can score during National Nurses Week

You can receive 10% off the purchase price of essential oils at Nature's Gift by providing a valid copy of your nursing license. The week goes through May 1...


USA unemployment in April lowest in 50 years

President Donald Trump posted an enthusiastic message in response to today's release of last month's job report , refering to America's economy as "the env...


Tesla to raise money after painful 1Q, and Musk is buying in

Musk changed his tune after the first quarter, when a record decline in vehicle deliveries and the company's biggest-ever debt payment depleted its cash balance...


HSBC beats estimates with 31% Q1 profit rise as expenses fall

This all helped the bank hit a net profit of $4.1bn and revenue of $14.4bn, outstripping analyst expectations of $3.7bn net profit and $13.9bn in revenue...


Buffett partner says 'ashamed' for missing Google boat

They both noted that they had insight into Google because they were using the advertising at Berkshire-owned insurance company GEICO. Warren Buffett , the ...


Tyson expands recall of chicken strips over metal concerns

Tyson Foods said in a statement Saturday that it expanded the voluntary recall originally issued on March 21 , after additional consumers recently reported f...


Sinclair Broadcasting Wins Disney RSNs In $10B

Walt Disney took ownership of the regional sports networks after buying half of the 21st Century Fox business for $71.3 billion. "As one of the largest lo...


Activision Blizzard, Inc - Consenus Indicates Potential 8.3% Upside

One of those companies is Activision , and in the earnings call that accompanied the reveal, they stated that the next Call of Duty game would be revealed by...


Microsoft Unveils Blockchain Manager App

An outage that lasted more than an hour took out a host of Microsoft cloud services Thursday afternoon, as networking connectivity errors in Microsoft Azu...


Beyond Meat's Share Price More Than Doubles on First Day

They traded up to 72 US dollars during the day, before closing at 65.75. The 163 percent surge for the maker of vegan beef and sausage products was the best d...


Amazon makes blockchain service platform generally available

As the usage of a blockchain application grows, there is a lot of work involved in scaling the network, including monitoring resources across all nodes, adding ...


Bank of England ups growth view, Brexit keeps rate rise on ice

In its quarterly inflation report, the Bank raised its forecast for GDP growth this year from 1.2% to 1.5% to take account of a boost to output from Brexit-rela...


Berkshire Hathaway is Buying up Amazon Shares, Before Its Annual Stockholders Meeting

Speaking ahead of Berkshire's annual shareholders meeting on Saturday in Omaha, Nebraska, Buffett also told CNBC he'd been "an idiot for not buying" shares in...