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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. economic growth hits 3% rate in second quarter

Quarterly growth, however, can vary widely from the annual average; GDP growth exceeded 3 percent in five quarters since mid-2013, but the overall growth rate each year was ultimat...

LEADING OFF: Astros play 'home' game, KC nears futility mark

Despite a published report that indicated a decision on the Mets series was final, Ryan stopped short of announcing the Astros' plans past the Rangers series. "We had agreed ...

Jailing of Samsung heir raises questions over company's outlook

This week, Samsung's billionaire heir-apparent Lee Jae-yong sentenced to five years in prison for bribery. In return, they were promised of government support in the merger of ...

Trump comments on NAFTA talks put some Arizona businesses on edge

Donald Trump has threatened to cancel NAFTA less than one week into the renegotiation of the trade agreement, providing an early indication that the upcoming talks might occur un...

LeBron James and Dwyane Wade could reunite with Cavaliers

Earlier in the offseason, Wade opted in to the final year of his contract with the Bulls and is set to collect almost $24 million. Friedell says those players didn't appreciate ...

Total to Buy Maersk's Oil and Gas Business for $4.95 Billion

The Maersk assets will boost the French giant's business in the North Sea, adding to deals earlier this year that expanded its presence in Uganda and Brazil . In addition, the...

Watch Secret Superstar first song Main Kaun Hoon

Main Kaun Hoon is her first song, which garners her much appreciation for her voice. The song was launched in the presence of Aamir Khan along with director Advait Chandan and...

Flag mistake: Foreign Ministry extends apology to Indonesian government, people

President Joko "Jokowi" Widodo also called for an apology but cautioned against exaggerating the incident. Indonesia's flag has a red stripe above a white stripe, but it was pr...

Sensex gains 70 points, Nifty regains 9900 mark

Other gainers were Reliance Industries at Rs 1,589.90 per piece up 1.46%, followed by Tata Steel at Rs 635.10 (0.85%), Bharti Airtel at Rs 409.70 per piece (0.75%), Dr Reddy'...

US July retail sales volumes jump past forecasts

Internet-driven purchases probably received a boost from the spike in online shopping tied to Amazon.com's Prime Day event. Wall Street shares ended Tuesday little changed, but t...

Special Reports

Target takes steps to compete more seriously with Amazon

Target takes steps to compete more seriously with Amazon

In a blog post on Target's corporate website, Valdez said Grand Junction will help Target offer product assembly, installation and other services. Rob: Our team is excited abou...

Toyota, Mazda Corp. to Establish $1.6-Bln Joint Venture in US

Toyota, Mazda Corp. to Establish $1.6-Bln Joint Venture in US

Toyota and Mazda will invest $1.6 billion to produce crossover models and Toyota's Corolla sedan in the United States starting 2021. On Friday (4 August), the Japanese auto...

Teenager jumps out of plane's emergency exit as it lands

Teenager jumps out of plane's emergency exit as it lands

The teen, a USA citizen, was accosted by a construction crew working nearby on the airfield. He was also reportedly taken to a hospital for a psychiatric evaluation. Airport spoke...

Sprint Surprises with Profit, Says a Deal May Be Coming Soon

Sprint Surprises with Profit, Says a Deal May Be Coming Soon

Therefore, the firm believes, irrespective of the potential M&A target, be it Charter, T-Mobile US Inc (NASDAQ: TMUS ), DISH Network Corp (NASDAQ: DISH) or someone else, there...

HSBC in €255m plan to move 1000 jobs to Paris after Brexit

HSBC in €255m plan to move 1000 jobs to Paris after Brexit

It also announced a share buyback program of up to $2 billion, which is expected to be completed this year. "We have made an excellent start to 2017", Chief Executive Stuart G...