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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

U.S. growth hits 3-year low at 0.7% in Trump's 1st quarter

The slow-down in real GDP in the first quarter reflected a decrease in personal consumption expenditures, private inventory investment and in state and local government spending. "...

Physician who was dragged off flight settles with United

United Airlines and lawyers for the passenger seen on video being dragged from a United airliner in Chicago say the man has reached "an amicable settlement " with the airline. Wh...

Twitter has plans for 24/7 live streaming

Earlier this month, Twitter lost a bidding war to Amazon for the streaming rights of Thursday Night NFL games. For instance, the National Football League package got about 3.5 mil...

Trump tweets don't help: 1st Twitter revenue drop since IPO

Twitter's revenue , however, fell 7.8 per cent to $548.3 million (€503.6m) in the first quarter, its first drop since its initial public offering. Net loss narrowed to $61.6m, or ...

Tesla Model S loses top ranking from Consumer Reports

TSLA has a 1-year high price of $ 313.73 and 1-year low price of $178.19. Bernstein Initiates Coverage On the company's stock to Market Perform on 3/08/17 by setting a price targe...

FCC chairman to propose reversing 'net neutrality' rules

FCC chairman Ajit Pai's much-anticipated speech outlining next steps on net neutrality regulation drew immediate response from inside and outside the Beltway. We recognize that our...

Uber wants to launch 'flying cars' by 2020

Speaking on stage at conference in Dallas, Uber product chief Jeff Holden, who called flying cars "a natural next step" for Uber , said talks with Nasa and the Federal Aviat...

Triple talaq crippling lives of Muslim women: India PM Modi

Chief Minister Naveen Patnaik explained that he would not be meeting the PM because he was visiting the state for "political work". "We should take lessons from the prime ministe...

Unilever's first quarter sales top expectations

Unilever, who also owns Hellmann's mayo, rejected a surprise $143B takeover proposal from Kraft Heinz a couple of months ago citing "cultural differences". Distiller Pernod Ric...

United misses deadline to answer senators on dragging

Also this week, United Airlines and Chicago airport officials missed a deadline for answering questions from by key US senators about the dragging incident aboard a United Express...

Special Reports

York Region police arrest more than 100 men in child prostitution case

York Region police arrest more than 100 men in child prostitution case

Detective Sergeant Thai Truong of the human trafficking team said no girls were injured in the operation of online sexual services for girls aged 13-16. "Lol im 16 mr...i still hav...

Canadian engineering giant to buy Atkins for £2.1bn

Canadian engineering giant to buy Atkins for £2.1bn

WS Atkins shares were up 4.8% on Friday at 2,078.00 pence. It will acquire WS Atkins stock for 20.80 pounds per share in cash, subject to approval by shareholders, regulatory ...

OPEC slashes output in March, expects shale comeback

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria oil production is yet to climb to two million barrels per day. U.S. West Texas Intermediate ( WTI ) crude fu...

Trump to Sign Measures to Review Financial Regulation

Trump to Sign Measures to Review Financial Regulation

Trump is turning his attention to financial reform again as a top House Republican this week unveiled the latest version of legislation to replace Dodd-Frank, which was enacted in ...

$13 a pack? NYC mayor wants highest cigarette prices in US

His bills would increase the base price for all tobacco products; lower the number of tobacco retailers via attrition; create retail licenses for e-cigs and cap the number of outle...