Markets

News

Feds approve higher fuel-efficiency standards for trucks

The Environmental Protection Agency and the National Highway Traffic Safety Administration jointly finalized the regulations to be phased in through 2027, which the Obama administration estimates will save 1.1 billion metric tons of carbon dioxid...

Russia's Putin and Turkey's Erdogan to mend ties

Relations between Turkey and Russian Federation - two powers vying for influence in the strategic Black Sea region and Middle East - have always been complicated. Erdogan has also expressed resentment toward Western allies that have cautioned against...

Vet who served with Capt. Khan says Trump lost her vote

Indeed, in interviews, Khan said his wife helped him write the speech and dissuaded him from even harsher criticism for the GOP nominee. "I don't think I'm offended because if someone doesn't know about Islam what do you expect from him to say?...

Tesla's Confirms Compact SUV Model Y Will Be Its Next Release

The Model S unit, which had 9,764 deliveries in the quarter, has a starting price of $76,000. Tesla spent much of 2016 playing catch up on auto manufacturing goals. For the second half of the year, management reiterated its target for 50,000 deli...

Reserve Bank of India stands pat; concerns for inflation outlook remain

In context of the Make in India speech, Rajan said, "we need growth at a measured pace" which is consistent with what the economy can support and depend on fundamental reforms to fasten the process. Harshavardhan Neotia, President, FICCI said the ind...

Trump predicts big growth under economic plan

Hillary Clinton is expanding her presidential battleground map to include the traditionally Republican states of Georgia and Arizona, according to officials aware of the plans. Democratic nominee Clinton also leads when Libertarian Gary Johnson and G...

Facebook hates ad blockers so much it now blocks them

But there are ways to configure ad blockers to stymie these efforts as well. According to a report on Business Insider , " Facebook is taking a stand against ad blockers". Adblock Plus, one of the most popular adblockers for Chrome, Safari and ...

The Financial Times: China warns United Kingdom over £18bn nuclear power deal

Commentators say the observation with some sharp undertones comes as prime minister Theresa May's government considered the UK's first nuclear reactors in over 20 years. Three unions at the state-owned utility said last month's vote should be decla...

GST good but tax rate should not exceed 18%: Rahul

First, additional 1 per cent tax by producing states and second is compensating all the states for any revenue loss in the first five years post GST comes active. He said the consensus that had finally emerged over the Bill showed that national iss...

Neymar's Brazil held by minnows Iraq

The Barcelona star became increasingly frustrated with the rough treatment he received and Iraq's time-wasting tactics as Brazil were booed off the field in Brasilia for the second time in four days. Atletico Madrid's Angel Correa scored and set ...

AIE asks passengers from Dubai to Kerala to board flights from Sharjah

The Boeing 777-300 experienced a landing gear failure, and black smoke was reported to be coming from its fuselage. Traffic at Dubai airport remained disrupted Thursday with 237 flights cancelled, a day after an Emirates plane crash-landed and sh...

Maharashtra bridge collapse: Death toll rises to 20

Transport minister Diwakar Raote announced either a government job to a family member of the deceased staff of the two MSRTC buses that were washed away or compensation of Rs 10 lakh each. The ICG is also diverting another Sea King 42B aircraft to he...

Obama's Presidential Library Will Be In Chicago's Jackson Park

CHICAGO - The two parks Barack Obama considered for his presidential library are only a mile apart in Chicago. President Barack Obama's presidential library and museum has found its home. "Friends of the Parks similarly has a deep commitment to...

Oil jumps 2 percent, US crude firmly over $40 on short-covering

USA crude oil imports grew by just over 300,000 barrels per day last week to average over 8.7 million barrels per day for the week of July 29 . Also supportive was Tuesday's American Petroleum Institute report on USA inventories, which showed a 1....

Yankees send Carlos Beltran to Rangers for 3 pitchers

If the Yankees are true sellers, they should be trading every player that isn't under contract for next season that they don't have plans of keeping. He is hitting.304/.344/.546 with 22 homers this year, a remarkable season at the age of 39, and fits...

Fox News president Roger Ailes resigns after multiple accusations of sexual harassment

It was a swift fall for the famously resilient executive, who has been with the network 20 years ago and is widely credited for its success. Ailes' resignation comes weeks after he was accused by former Fox 5 reporter Gretchen Carlson of having...

Audio Report: What's Affecting Oil Prices This Week? (Aug. 1, 2016)

Futures extended their rout after tumbling 14 percent in July. Crude prices are still up more than 55 percent from 12-year lows of $26 to $27 in the first quarter. Crude oil futures briefly plunged below $40 a barrel for the first time in three mon...

RBS among worst performing European banks as stress test results are published

The bank's capital ratios fell by more than seven percentage points in tests to assess how large financial institutions would perform in another major crisis. Of the banks tested, 37 are based in the euro zone and monitored by the ECB, which stated t...

NextEra buying Dallas-based Oncor

NextEra is also the owner of Florida Power & Light Co. A group led by Dallas-based Hunt Consolidated had previously agreed to buy Oncor, but the Public Utility Commission of Texas imposed conditions on its purchase that investors wouldn't sign o...

Chelsea Clinton Has Some Questions For Ivanka Trump

WASHINGTON (AP ) - Hour after hour and speaker after speaker, Hillary Clinton has been extolled at the Democratic convention this week as a change-maker, an effective leader and a caring human being. "As a mom, what I found so disturbing were the thi...

Search

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...