Money

Ford layoffs hit 7,000 jobs worldwide, hundreds in US

In a statement issued from the USA vehicle giant's Detroit headquarters on Monday, Ford announced it was nearly at the end of its global restructuring progr...


FCC Chairman Backs T-Mobile, Sprint Merger With Conditions

While Pai's backing is key to the deal, further steps remain. FCC Chairman Ajit Pai, a Republican, came out in favor of the combination after the companies ...


Nigel Farage hit by milkshake during campaign walkabout

Several Brexit-supporting candidates for the European elections have been struck by milkshakes in recent weeks, including Carl Benjamin, the far-right UKIP ...


Trump cools trade war by lifting North American metal tariffs

Mexico confirmed it had reached a similar agreement with the United States . "We need to ratify this agreement swiftly-Iowa's farmers and manufacturers are co...


Indian stocks, rupee rally as Modi vote win predicted

While the final results of the votes will not be officially announced until May 23, multiple exit polls show that Modi will most likely secure his second five-y...


U.S. Targets Huawei Amid Trade Talks With China

That means that even though Huawei is a leader in 5G technology, the products associated with the next generation of ultra-fast wireless networks still need Uni...


Tesla Launches Software Update to Address Recent Battery Fires

The crash sheared off the roof as the Tesla traveled under the semitrailer. It should also be noted that these fires were common among cars which had been i...


NTSB Says Tesla's Autopilot Engaged During Fatal Crash

According to the NTSB's preliminary release, which is not yet a complete investigation and may of course change, the 2018 Tesla Model 3 electric-powered passe...


Walmart Matches Amazon With Free One-Day Shipping on Many Items

According to Walmart, it will actually cost less to deliver orders the next day, because eligible items come from a single fulfillment center located closest to...


Is Trump wrong on China tariffs?

Trump touted growth in energy exports yesterday during a visit to an LNG export facility, in which he was accompanied by members of Louisiana's congressional de...


New premium Uber features include ‘Quiet Mode’

However, in order to test the new feature, riders will have to select an Uber Black or Uber Black SUV premium ride. San Francisco: For people who don't prefer...


Bitcoin holds above $7000 after hitting nine-month high

Bitcoin's latest surge started Saturday, when the two US exchanges carrying futures are closed, making it potentially hard for short sellers to cover their wag...


Asian stocks fall after China retaliates in trade war with US

China's retaliation has shattered dreams of a permanent trade truce. "Admittedly, much off the pullback in equity prices this month can be pinned on worries ...


Amazon to employees: We'll pay you to quit and haul packages

As an added incentive for its employees to quit and become delivery partners, it's also offering a payment equivalent to three months of the employee's gross ...


China hits back at United States with tariffs on $60bn of products

The prospect that the United States and China were spiralling into a no-holds-barred dispute that could derail the global economy has rattled investors and le...


Jury returns $2 billion verdict against Monsanto for couple with cancer

The jury agreed, awarding the couple $1 billion each in punitive damages for a total of $ 2 billion . It's the third consecutive verdict against the company o...


UAE says four vessels targets of 'sabotage' in waters near Fujairah port

One of the two Saudi tankers was on its way to the port of Ras Tanura to load oil for shipment to the US, according to SPA. President Donald Trump did not ...


Farmers get impatient with Trump's trade war: 'This can't go on'

Trump chose to increase the tariffs following what the USA called China's decision to renege on key parts of a developing deal. China's announcement earlie...


Trump urges China to act on trade deal

The retailer would have to pay a $32.50 tariff on the shipment, thereby raising the total price from $500 to $532.50. Mr. Liu named three critical points: the U...


Supreme Court allows consumers antitrust suit against Apple

The Court upheld the Ninth Circuit Court of Appeals' decision in Apple v. Pepper , suggesting that App Store customers are buying directly from Apple, and that...


Uber's IPO Falters as New Stock Sells For Less than IPO Price

The fall in shares undermined Uber's strategy of pricing its oversubscribed IPO conservatively at $45 a share to avoid a repeat of rival Lyft Inc's stock ma...


US Expects China Tariff Retaliation

Sen Rand Paul, R-Ky., told ABC's This Week today that he advised the president to finalise a trade deal with China soon, "because the longer we're involved in...


Etihad submits bid for India's Jet, eyes minority stake

It added that the banks are likely to evaluate the bids next week. Etihad now has 24 pc stake in the temporarily grounded Jet Airways. SBI Caps, which has condu...


India's Oil Imports From Iran Down 57% In April

Trump tweeted that he saw "no need to rush" to a deal in the dispute with China, hours after increasing tariffs. The news comes despite statements from Beijin...


Canada sees biggest monthly employment growth since 1976

The country's jobless rate dropped to 5.7 per cent, and is hovering near four-decade lows. Ontario's Progressive Conservative government celebrated today's jo...


Burned before, US pushes for way to enforce China trade deal

U.S. President Donald Trump tweeted Wednesday that Liu still wanted to "make a deal" but late in the day China vowed to retaliate by taking "necessary count...


First details of Dyson's plans for electric vehicle emerge

Dyson has filed new patents on what its upcoming electric auto could like - showing the model to be a larger vehicle. Such positioning will make the vehicle h...


VW releases official photos and pricing for landmark ID.3 electric hatchback

A total of three battery options will eventually be on the menu, ranging from 205 to 342 miles in the WLTP cycle - those will be the short- and long-range model...


Amazon Accused Of Keeping Kids' Data

It is unclear if the FTC will take up the complaint , but experts say the agency has been ramping up enforcement of children's privacy rules lately. It could...


Uber rings the opening bell on Wall Street to launch their IPO

The IPO was oversubscribed, but Uber settled for a lower price to avoid a repeat of Lyft's IPO in late March, which priced strongly but was followed by a plun...