Archive | Money

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Tesla to close a dozen solar offices in nine states

The employee was identified in a lawsuit filed by Tesla this week; the automaker claims that Martin Tripp , 40, had exported gigabytes of c...

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Online Sellers Grapple With New Sales Tax Rules, Expenses

The court chose to overturn a 1992 decision that a physical presence was necessary to require retailers to collect and send sales taxes to a s...

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OPEC Braces for Tough Vienna Talks on Hiking Oil Output

If the existing deal is retained and Saudi Arabia felt there was a need to add more oil, Riyadh could still increase production unilaterally, ...

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India urges Opec to tackle high oil prices

Resistance is being led by Iran , deeply wary of any move by regional rival Saudi Arabia that could push down oil prices at a time when Tehra...

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Global stocks, oil suffer as US-China trade spat heats up

Industrial and technology companies took some of the worst losses as investors anxious that the dispute could grow more intense and drag down gl...

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Google To Invest $550 Million In Chinese E-Commerce Site JD.com

JD.com's USA -listed shares rose 0.4 percent to close at $43.76 on Nasdaq. The Google-JD.com partnership could help JD.com keep an open channel ...

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Audi chief arrested over emissions

The Audi probe: Audi has been accused of having sold at least 210,000 diesel-engine cars fitted with cheat software in the USA and Europe, star...

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Trump Imposes $50 Billion Tariffs On Chinese Goods, Trade War Looming

This person also said Ross had said the list would take aim at products for which China supplied 33 percent or less of total USA imports in in...

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Justice report provides ammo for both Trump, critics

The report made no accusations of criminal wrongdoing. A May 2016 email from FBI investigator Peter Strzok shows the agency knew at that time ...

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Euro craters, dollar soars, as European Central Bank holds off on rate hikes

The European Central Bank on Thursday announced plans to end the €2.5 trillion ($US3 trillion) bond-buying program known as quantitative easin...

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Musk company to build Chicago-to-O'Hare express transport

Addressing Chicago's press, Elon Musk expressed his thanks at the city and Mayor Emanuel for placing his faith in the Boring Co . An official...

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Trump announces 25% tariff on Chinese imports

The measure will affect goods that "contain industrially significant technology", Trump said on Friday, as he highlighted that the action come...

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1 deputy shot dead, another critically injured when inmate overpowered them

Her condition was not available. The suspect in the case was shot and was in surgery at KU Hospital, according to officials. His condition als...

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Trade tariffs: Chinese media in Trump 'fools build walls' jibe

US President Donald Trump Trump says he'll confront China "very strongly" over trade in the coming weeks. On Friday, the White House confirm...

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Large Crude Oil Draw Lowers Prices

Saudi Arabia , the largest producer in the group, recorded the biggest increase in May as its oil production rose by 161,400 bpd to 10.03 mill...

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Donald Trump to impose tariffs on China

The moves increase the trade dispute between the world's two largest economies. " China could be a little bit upset about trade because we ar...

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McDonald's to ditch plastic straws in UK, Ireland

McDonald's announced Friday that it will test alternatives to plastic straws in some USA restaurants later this year. The restaurant chain ha...

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Fed raises interest rates and signals faster hikes on the way

Borrowers are likely to see higher bills next month on credit cards and mortgages, especially those with adjustable rates . In a notable chan...

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Fed raises key rate and sees possible acceleration in hikes

Fed officials also said they expect to raise rates twice more this year , faster than previously forecast . The Fed move came after a two-...

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Oil prices drop as supplies increase

Opec crude supply edged up to 50,000 bpd last month to nearly 32 million bpd, while the IEA revised upwards its estimate for 2018 non-Opec produ...

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AT&T and Time Warner win legal battle, confirming the merger

The Justice Department, mostly under President Obama, has won nine of the last 10 lawsuits it has filed to stop mergers, records show. U.S. Di...

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Singapore summit: The key moments

US and North Korea commit to establishing new US-DPRK relations in accordance with the desire of the peoples of the two countries for peace an...

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The best photos from Trump's historic summit with Kim Jong Un

Kim at one point told Trump that many people around the world would see their meeting as a kind of fantasy, as if it the event was a "scienc...

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Trump takes more swipes at Canada and Trudeau after tense G7 summit

He also said that the North American Free Trade Agreement could either be renegotiated, split up into separate trade deals, or the US could pul...

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Tesla Roadster 'SpaceX' package to get rocket thrusters?

Tesla's vehicles have been involved in several crashes this year and at least two people have died in those crashes. Previous updates to Auto...

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Tesla to cut 9pc of jobs as it seeks profitability

It was not immediately clear if any of the layoffs would affect Tesla's solar panel factory in Buffalo, where the company has been partnering ...

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US, North Korean Leaders Head for Singapore Summit Site

It is also unclear whether USA officials will raise human rights issues in meetings with the North Koreans. North Korea's state media has ...

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Poundworld falls into administration, putting 5,000 jobs at risk

Clare Boardman, joint administrator at Deloitte , said: "The retail trading environment in the United Kingdom remains extremely challenging a...

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South Koreans hold mixed views on the Trump-Kim summit

Kim arrived in a Air China 747 that touched down at Changi Airport on Sunday afternoon, Singapore's Straits Times said . Kim spent the da...

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Net Neutrality Is Officially Dead. Here's What's Next

We gather here today to mark and mourn the death of net neutrality, which, despite a valient fight and 9 million comments to the FCC , official...

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Kim, Trump arrive in Singapore for landmark summit

The White House said the summit was to kick off at 9 a.m. Tuesday. "We have to get denuclearisation, we have to get something going". WASHIN...

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BT boss Gavin Patterson stepping down later this year

Patterson stepped up to the top job in 2013, replacing Ian Livingston who joined the House of Lords, having been appointed as the managing direc...

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'THIS IS BIG': N.J. man claims US$315 million Powerball jackpot

Souami had bought two tickets for the May 19 drawing at a ShopRite grocery store in Hackensack when he was returning something. The winning numb...

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Trump and Kim converge on Singapore for summit

Authorities imposed tight security around the summit venue and related luxury hotels - including installing extra pot plants outside Kim's expec...

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Verizon names Ericsson veteran Hans Vestberg as CEO

Verizon is today announcing that its current CEO, Lowell McAdam , is leaving the position on August 1, 2018, exactly seven years after he took ...

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