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Uber lost more than $2 billion a year ago

Uber did not provide specific first quarter figures to Bloomberg , which released the results in an interview , but a company spokeswoman said they "seem to be in line with expectations". Uber's losses, he says, also don't "account for employee sto...

Apple may team up with Foxconn to bid for Toshiba's chip business

The Cupertino-based company is reportedly looking to invest several billion dollars to acquire a more than 20% stake, which would enable Toshiba to maintain a partial stake in order to the business both under United States and Japanese control.

Scott Pruitt touts anti-environment agenda from a coal mine

But Pruitt's visit to a mine as the EPA's leader also generated outrage for area environmental groups. The Republican-controlled Congress was on spring break, but that hardly deterred President Trump and Scott Pruitt, his Environmental Protection A...

British woman fatally stabbed by Palestinian in Jerusalem during Passover

Hundreds of thousands of pilgrims are visiting the Holy City this weekend, as Christians continue to mark Holy Week and the Easter weekend, and Jewish celebration of Passover continues. Tamimi suffers from "personal, mental, or moral hardship", acco...

Activists to use Tax Day to tell Trump: Show us your returns

Senate Minority Leader Chuck Schumer says people will be questioning Trump's motives for pushing tax reform as he hides his tax returns . Senate Minority Leader Charles SchumerCharles SchumerTrump says he still wants to tackle healthcare before mo...

BSE Sensex recovers 155 points in late morning trade

The S&P BSE Sensex, which opened at 29,630.06 points, closed at 29,788.35 points from its previous day's close at 29,575.74 points. "The rupee reversing some of its losses and approaching Infosys Q4 results propped up IT stocks". The rupee was tradin...

Wells claws back $75 million from top execs in sales scandal

Last year, Wells Fargo was caught creating millions of unauthorized accounts to meet unrealistically high sales goals. The 110-page report prepared by four of the bank's independent directors and by independent law firm Shearman & Sterling cited ...

Penn Station train tracks fixed but not for morning commute

Christie told Coscia, the Amtrak chairman, that he has "directed NJ Transit to cease making any payments to Amtrak under the agreement until there has been a thorough and independent examination of the tracks, signals, switches and other equipmen...

Adidas taps new manufacturing method to take 3D-printed shoes mainstream

The Silicon Valley-based company creates 3D products by blasting liquid with light, which Adidas says will allow it to operate on "a completely different manufacturing scale". If you believe the hype, the 3D-printed vehicle may play a role in the a...

Chinese shares post rising streak over new economic zone plan

Xiongan is part of a planned megaregion called Jing-Jin-Ji comprising Beijing, Tianjin, and the Hebei Province. As of Thursday, all 10 counties in Xiongan New Area and neighboring regions had launched new home purchase policies to stop speculative ...

California governor: Drought over, conservation must go on

Brown also said the need for conservation continued. The governor lifted four drought-related executive orders from 2014 and 2015 and rescinded two emergency proclamations from 2014 in all 58 counties that required 25 percent savings, with the exce...

Pakistans Misbah-ul-Haq announces retirement from worldwide cricket

Since taking over the captaincy in the wake of an global spot-fixing scandal in 2010, Misbah - who is now the oldest worldwide cricketer - has led Pakistan in 53 Tests, winning 24, losing 18 and drawing 11. Since taking over the captaincy in the wa...

Federal Realty Investment Trust (NYSE:FRT) Gross Margin Score in Focus

Foundry Partners LLC's holdings in Brandywine Realty Trust were worth $14,412,000 as of its most recent filing with the SEC. Macquarie Group Ltd. now owns 5,647,604 shares of the company's stock valued at $93,242,000 after buying an additional 945,40...

Taser Rebrands As Axon, Offers Police Body Cameras

And the prospect of having more police departments sign on after their yearlong trial probably isn't a bad look either. Axon, formerly TASER International, announced Tuesday it's offering cameras, tech support and storage to the hundreds of thous...

GM leads March sales in Canada as automakers report record month

The stock now has an average rating of "Hold" and a consensus price target of $38.15. Weatherstone Mngmt holds 0.14% of its portfolio in General Motors Company (NYSE:GM) for 6,065 shares. The stock was sold at an average price of $35.38, for a total ...

White House says Trump to sign broadband privacy repeal

The new rules would enable Internet service providers such as Verizon , Comcast and AT&T , to mine information they had collected from the browsing activity of their consumers for highly targeted advertising, an $83 billion market now dominated...

Nationwide Recall For Mylan's EpiPen Over Potential Defect

Mylan said both reported failures included devices, manufactured between December 2015 and July 2016, that were already included in the original recall. The company's CEO had to testify in front of Congress over the hike. Mylan was also fined $465...

US Market Indexes Report Losses for March

Eastern Time. The Standard & Poor's 500 index fell 3 points, or 2 per cent, to 2,364. NASDAQ 100 index gained 9.47 points or 0.17 percent to close at 5,439.74. In company news, shares in sportswear giant Lululemon (NYSE: LULU) plummeted 19% in pre-...

Back to burgers: Carl's Jr. ditches bikini-clad ads

Carl's Jr. may be more well-known for their over-the-top ads featuring scantily clad women posing suggestively with burgers than they are for their actual food. It was time for the company to evolve, said Norcross, whose company has been making ads f...

OPEC, non-cartel nations may extend oil cut another 6 months

The final statement called for a technical group and for the OPEC Secretariat to "review the oil market conditions and revert to the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) in April, 2017 regarding the extension of the voluntary p...

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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...