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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

"One Is To One": Mamata Banerjee's Template For 2019 General Elections

By the time she ended her rounds for the day, the Trinamool Congress chief said the Mayawati-Akhilesh Yadav format could be replicated in many other states. "Delhi is a part of Ind...

Jaguar and Waymo announce self driving auto deal and driverless I-Pace

Companies planning to launch driverless car services generally supplement existing hardware on vehicles supplied by auto makers with their own self-driving technology. Waymo CEO ...

Nearly 100 jobs to go in Toys R Us distribution hub closure

Retail Group, and Party City Holdco Inc., which often open pop-up stores around the Halloween season and fill their stores with Halloween gear, toys and props. "I am very disappoin...

Powell marks start of Fed tenure with rate rise

There were no dissents to the vote to raise rates. Americans with credit card debt are especially vulnerable to rising interest rates. The central bank continues to project three r...

Amazon to buy Toys R Us?

Shoppers visiting the soon-to-close Toys R Us store in Johnson City may have been surprised to see signs indicating the business was hiring. In February began going-out-of-business...

Dog bound for Kansas ends up in Japan

The Kansas breeder said her French bulldog Tilley will get some extra hugs tonight. A flight attendant, anxious that the carrier did not fit under the seat, instructed the owners ...

Trump 'On the Same Wavelength' as Mike Pompeo on North Korea

Tillerson had visited Nigeria on the last leg of his official visits to Africa, and met President Muhammadu Buhari, during which they discussed issues of mutual interest to both c...

Fake news travels six times faster than the truth on Twitter

The final statistics show that it took "the truth about six times as long as falsehood to reach 1500 people and 20 times as long as falsehood" to "cascade", or spread new inf...

Goldman CEO Blankfein to step down as soon as year-end

Lloyd Blankfein could step down as Goldman Sachs Group Inc (GS.N) chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focu...

Allscripts Launches EHR-Integrated Lyft Transportation Service

The ride cost for the patients will be covered by the health care providers. With it, businesses can schedule rides for individuals. In the previous year alone, 3.6 million peop...

Special Reports

United tried to replace bonuses with a $100000 lottery

United tried to replace bonuses with a $100000 lottery

United Airlines appears to have had a change of heart about its decision to replace quarterly employee bonuses with a lottery system . A new staff bonus reward program implemen...

Amazon Could Soon Offer Checking Accounts

Amazon Could Soon Offer Checking Accounts

That JPMorgan Chase & Co.is seemingly among the first banks Amazon has approached about the project is most likely no coincidence. Sie Soheili, a spokesman for Capital One, and...

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

U.S. security concerns delay Qualcomm vote on $142bn Broadcom sale

CFIUS asked Qualcomm to delay the Broadcom takeover vote which was supposed to happen on Tuesday. Qualcomm's shares fell 4 percent in trading before the bell. "It is critic...

Gold plunges Rs 460 on weak global cues, fall in demand

Gold plunges Rs 460 on weak global cues, fall in demand

The S&P 500 lost 36.16 points, or 1.33 percent, to 2,677.67 and the Nasdaq Composite dropped 92.45 points, or 1.27 percent, to 7,180.56. But stocks mounted a huge rebound, clawing ...

Crude export disruptions from key terminal after Libyan oil field production halt

Crude export disruptions from key terminal after Libyan oil field production halt

Brent crude rose 20 cents to $67.51 per barrel and US West Texas Intermediate futures had climbed 41 cents as of 11:35 a.m. EST, with both contracts reaching their highest increa...