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VW ex-boss probed for market manipulation: prosecutors

German stock market law requires publicly traded companies to alert investors as soon as they have unforeseen developments that could affect a decision to buy or sell the stock. The prosecutors' office in the city of Braunschweig, which is leading ot...

Microsoft to acquire LinkedIn by the end of this year

The transaction has been approved by the Board of Directors of both companies, and is still subject to approval by LinkedIn's shareholders, the satisfaction of certain regulatory approvals and other conditions. Microsoft said it would issue new de...

US Fed keeps interest rates unchanged

On Wednesday, the fed funds rate averaged 0.37 percent, trading in a range of 0.36 percent to 0.56 percent with $69 billion changing hands. Federal Reserve officials are less optimistic about the economy's growth this year and next, compared with thr...

NY fantasy sports hinge on Gov. Cuomo; legal claims remain

The legislation survived heavy opposition from casino companies operating in NY. Millions of our fellow New Yorkers were shutout of popular online fantasy-apps like Fanduel and Draftkings this year, but a new round of political proceedings could ha...

DiCaprio deposition ordered in 'Wolf of Wall Street' lawsuit

Greene is seeking $25 million for defamation as he claims the wig-wearing character Nicky "Rugrat" Koskoff - who was played by B.J. Byrne - was based on him with his nickname "Wigwam" changed to rug rat. Both testified to the regular meetings with ...

Orlando gunman Mateen raged against 'filthy ways of the West'

He also said that at one point, Mateen told him he wanted to pursue a relationship. The neighbour, Rajinder Chahal, said Ms Salman visited her mother only once after she married Mateen. He said he had no idea his USA -born son became radicalize...

FM: Decision on successor soon

Earlier today, Rajan announced that he would return to the academic world at the end of his term on September 4, 2016, adding he will always be available to serve his country when needed and asserted that his "successor" would take the nation to new ...

Orlando shooter's wife may have known about attack

In a new turn of events relating to the worst mass shooting in United States history, it's emerged that Omar Mateen's wife might have known about his intentions to massacre people at an Orlando gay nightclub. Mateen's ex-wife Sitora Yusufiy and o...

Greece closing in on next bailout payment

In Luxembourg on Thursday, eurozone finance ministers approved a payment of €7.5bn of aid to Greece, which is part of the €86bn bailout agreed a year ago. Capital Economics said that while the immediate risks surrounding Greece have receded once aga...

University of Louisville president James Ramsey resigning

Last month, the Republican governor used state police officers to prevent the ousted chairman from participating in a meeting of the board of one of the country's worst-funded pension systems. In the interim, Bevin said he was appointing businessman ...

Microsoft to buy networking site LinkedIn for $26.2 billion

LinkedIn , a networking site aimed at business users, has more than 400 million users worldwide. " Microsoft has fallen behind in the consumer Internet sector, and this deal gives Microsoft 433 million social LinkedIn members that is growing", D...

Housing starts dip 0.3% in May

Single-family housing completions in May were at a rate of 717,000; this is 2.3 percent above the revised April rate of 701,000. "There is some evidence of a pullback in multi-family activity from very elevated levels seen in the summer of past yea...

Wal-Mart Stores, Inc. (WMT) Thinks Job Cuts Will Improve Your Shopping

Instead of having physical accountants, the affected stores will now use "cash recycler" machines for counting money. In the new roles, workers will make at least $17.55 an hour, Ibbotson told the Wall Street Journal. "With this launch, Walmart bec...

IEA revises up forecasts on global oil demand growth

Total output was 95.4 million barrels per day, 590,000 barrels per day less than a year ago and the first real drop since early 2013. This was less than the Market's expectations of 2.26 million barrels of draw-down. Most of the anticipated demand gr...

Ipsos MORI poll shows 53 percent of Britons back Brexit

She's a member of the center-left Labor party, whose leader and rank-and-file members want to stay in the EU. Prime Minister David Cameron said he was "very concerned" about the attack and cancelled a rally he had planned in Gibraltar as part o...

Viacom CEO's tenure may be up soon after board shakeup

Herzer's lawyer Pierce O'Donnell of Greenberg, Glusker, said in a statement Monday: "The evidence at the new trial will prove in detail how it came to pass that Redstone has been transformed into a fragile shell of a once powerful media titan whose v...

Gun maker stocks rise in wake of Orlando shooting

This claim appeals convincing in terms of the stock market observation as other gun makers, aside from Smith & Wesson, experienced rises in their stocks. Smith & Wesson Holding Corporation is a manufacturer of firearms. Sadly, this has happened all...

Egyptian Authorities Have Located Parts from EgyptAir MS804

They contain vital information, including any conversations inside the cockpit just before the May 19 crash of Flight MS804, which killed all 66 on board. Locator pings emitted by flight data and cockpit voice recorders can be picked up from deep und...

Stocks rise ahead of Fed rate decision, comments

Information received since the Federal Open Market Committee met in April indicates that the pace of improvement in the labor market has slowed while growth in economic activity appears to have picked up. As the economy has healed in recent years, Fe...

Kashmir separatists 'united', 'ready' to foil Sainik and KP colonies plans

The delegation members informed the Mirwaiz that Kashmiri Pandits too were desirous of returning to the Valley and wanted to hold consultations with Kashmiri Muslims so that a way to their dignified return to Kashmir is found where once again they be...

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Breaking News

Spithill skippers Oracle to 1st win in America's Cup

DEFENDING champion Oracle Team USA clawed its way back into the America's Cup on Saturday with a much-needed win over Emirates Team New Zealand to reduce its deficit to 1-4 i...

Trump organization ends management of Toronto tower

Trump Hotels and JCF Capital, which has owned the building since late 2016, announced Tuesday that they were ending their contract. The building and another one elsewhere in Van...

Wounded Rep. Steve Scalise out of intensive care

He was near death when he arrived at the hospital and remained in critical condition into this week. Doctors say Congressman Scalise is in fair condition and is in the pro...

Hedge fund star Dan Loeb bets $3.5 billion on Nestle

It said in the letter that it has already had productive conversations with Nestle management. Food companies are under pressure to reduce costs, after Kraft Heinz Co.'s unsucc...

Altice USA Prices Offering at $30 Per Share

The IPO is part of a USA offensive by Drahi and Altice, which operates cable and broadband in 21 U.S. states and competes against American rivals such as Verizon and Comcast....

Biggest US banks clear first hurdle in Fed's annual stress tests

Overall, officials found that in the most severe scenario, companies would have suffered about US$383 billion in losses on loans. Passing the stress test does not necessarily mean ...

Millions of detailed voter records found unprotected on the internet

A California-based cybersecurity firm found a database of almost 200 million American voters - along with their preferences and modeling data - left unsecured on an Amazon c...

Uber board member apologies for remark about talkative women

After fellow board member Arianna Huffington said the presence of a woman on the board was likely to attract other females, Bonderman remarked that it actually meant "more talkin...

Uber Board Said To Be Considering Leave Of Absence For Kalanick

The board met on Sunday to talk about changes regarding the company's management structure. An Uber spokesman had no comment. By taking on entrenched taxi companies and regul...

$3.8 billion Dakota Access oil pipeline begins service

ETP maintains it didn't intentionally do anything wrong in either case. Regulators decided during a Wednesday meeting to hold hearings in either July or August. "This pipeline b...

Special Reports

British PM, rival face angry voters as election nears

British PM, rival face angry voters as election nears

LABOUR will create one million decent jobs and build an economy where the whole country shares its wealth, Jeremy Corbyn pledged yesterday. Corbyn is a far-left politician with pro...

United States unemployment rate dips to 4.3 percent

This also suggests that the jobs market is fairly tight right now and that employers are not feeling pressure to increase either wages or the workweek significantly in order to pre...

All-Star promise: Subban says Preds will win Game 3 vs. Pens

All-Star promise: Subban says Preds will win Game 3 vs. Pens

Through two games in the Stanley Cup Final, Rinne and the Nashville Predators' first trip to the Final, Pekka has been the reason the Predators have lost two straight for the ...

China will stick to Paris climate deal

That's what the top House Democrat is calling President Donald Trump's expected decision to pull the USA from a historic climate agreement. The US administration under Trump ...

Schapelle Corby arrives in Australia after last-minute flight change to avoid media

Schapelle Corby arrives in Australia after last-minute flight change to avoid media

She was taken in a convoy from her Bali villa to the airport, to catch a flight to Brisbane . " Schapelle Corby's name has been famous for 12 or 13 years, she's a brand, ther...