Money

UAW employees return to work at GM plants

The results were not as bad as investors had expected, and shares of GM rose 5% in early trading Tuesday following the report. "The underlying business was st...


Fiat Chrysler, PSA Peugeot boards approve merger

A merger of the two groups would bring a number of brands under one roof including Alfa Romeo, Citroen, Jeep , Opel , Peugeot and Vauxhall . The new board ...


Despite MPs Support Of The General Election Will It Pass The Commons?

Cabinet minister Brandon Lewis explained the government is insisting on a December 12 election because it leaves time to get "bits of legislation done" before P...


‘Google misled Australian users on location data collection’

In documents lodged with the court, the Australian Competition and Consumer Commission ( ACCC ) said Google misled consumers when it made on-screen representa...


Australian supermarket giant underpay staff 200 mln USD

The error is expected to cost the company between $200 million and $300 million before tax. Woolworths Group CEO Brad Banducci said that the business had let ...


CB Consumer Confidence Index fell to 125.9 in October vs. 128 expected

According to data released today by The Conference Board, the consumer confidence index dropped to 125.9 this month from September's 126.3. USA consumer con...


US economy holds up with 1.9 percent growth on consumer strength

Growth this year is forecast to come in around 2.3%, down from 2.9% last year. The GDP report was published hours before US Federal Reserve officials are sche...


Bank of Canada likely to stand pat in October

The labour market is stronger than expected, inflation is broadly on target and rates are already lower than in the US. That's easily the best the central ban...


Ford is ending production of the Flex

But the decision to no longer make it is part of a "plan to strengthen its focus on products in the heart of the fastest-growing segments", the company added. W...


Molson Coors restructuring as beer sales decline, moving some positions to Milwaukee

Overall Molson Coors reported a third-quarter loss of $402.8 million on Wednesday. Chicago will be its North American headquarters. Molson expects to record...


U.S. stocks little changed in wake of Fed statement

Prior to the announcement, US President Donald Trump was active on Twitter once again and tried to pressure the Fed to aggressively slash rates. Less clear ...


Fiat-Chrysler in talks with Peugeot for a merger

Fiat Chrysler Automobiles isn't done trying to court a partner. Back in April 2019, there were reports that Groupe PSA and Fiat Chrysler Automobiles woul...


Fed is expected to cut rates but may offer little guidance

At a speech in Denver earlier this month, Powell nodded to both the risks facing the U.S. economy, but also to its ongoing growth. Economists polled by Reuter...


Automakers side with President Trump in legal fight with California

The state regulators also say they are disappointed in the Association of Global Automakers organization representing GM, Toyota, and Fiat Chrysler for hiding b...


Fiat Chrysler in merger talks with Peugeot

In a brief statement, PSA Group said: " PSA Group confirms that discussions are in progress with the aim of creating one of the world's principal automotive ...


Amazon Prime Members Can Now Get Groceries Delivered for Free

What just happened? Amazon is getting serious about its grocery delivery business. Landry said the grocery delivery service is available to people in 2,0...


China Warns Against Cryptocurrency ‘Speculation’ Amid Blockchain Hype

As if we didn't know it already, three recent high-level developments in China have shown just how serious the nation is about blockchains. Hours after the re...


Microsoft wins US$10 billion Department of Defense contract

The Joint Enterprise Defense Infrastructure contract, known as JEDI, is meant to simplify the Pentagon's computing systems under a commercially operated cloud c...


Oil Prices Drift Lower After Strong Rally

Oil prices fell on Monday after four days of gains as expectations USA crude stockpiles will rise and worries about weak Chinese industrial data offset hopes oi...


NYSE welcomes SPCE as Virgin Galactic stock blasts off

As a result of this transaction, Virgin Galactic has received over $450 million of primary proceeds and at market close on Friday, the business has a market cap...


Microsoft Wins JEDI, a Big Pentagon Cloud Deal

Experts previously speculated that Trump's public feud with Amazon CEO Jeff Bezos - who also owns The Washington Post , which has published coverage critical o...


When does Popeyes Chicken Sandwich return? Soon

Reports indicate some Popeyes locations have hired additional employees to handle the demand. The Popeyes chicken sandwich was pulled from the chain's menu ...


Apple Pay beats Starbucks to USA mobile payments crown

For example, Apple Pay is predicted to be available to use in 70% of U.S. retailers by the end of this year; the research organisation added that, since Star...


LVMH confirms interest in acquiring luxury jeweler Tiffany

Jewelry is one of few segments of the luxury sector where LVMH is not the leader, "and we know Mr. Arnault likes to be always No. 1", RBC analyst Rogerio Fujimo...


HBO Max may get a cheaper, ad-supported tier in 2021

WarnerMedia expects that the service will get a boost, once AT&T launches its ad-supported option that will come at a lower cost. Also, once the company laun...


Timeline of Mario Draghi's run as head of the European Central Bank

Mario Draghi ended his eight-year term as head of the European Central Bank by defending his most recent stimulus package and reminding that the eurozone is no...


GM strike ends after new contract approved

Production workers at the SUV plant in Arlington, Tex., voted 78% in favor, and skilled trades voted 60%; Arlington is the United Auto Workers union's largest...


Payday lender QuickQuid said to be on verge of collapse

People who've taken out payday loans with QuickQuid are advised to keep up their repayments despite uncertainty around the firm's future. QuickQuid is owned...


Ford Mustang-Inspired EV Crossover Teased Weeks Before Debut

Whatever the EV is called, Ford has announced that it will debut on November 17 , 2019. In its marketing for the new model, Ford is focusing heavily on ...


Super Good News! Popeyes’ Chicken Sandwich is Returning Soon!!

The plan is for the chicken sandwich to make its return in early November. There's good news for ya if you missed out on the Popeye's chicken sandwich thi...