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Truck bomb explodes near Somali presidential palace

Police believe that the hotel, the SYL, was likely al-Shabaab's target. The bomb exploded during a morning traffic jam in the capital, said Captain Mohamed Hussein, a senior police officer. "So far two hotels opposite the palace are partially destr...

Campaign's rising rent at Trump Tower came as space expanded

TRUMP: From the start, the brash billionaire's campaign has been rooted in the promise of a dramatically different approach to immigration. At a rally in Akron, Ohio, on Monday night, Trump reiterated his pledge to build a wall on the U.S.

Rajnath Singh in Kashmir to hold talks with stakeholders

Besides the 66 dead, several thousand others have been injured in the clashes that began on July 9, a day after Hizbul Mujahideen terrorist Burhan Wani was killed in an encounter with security forces in Kokernag area of south Kashmir's Anantnag distr...

Best Buy (BBY) Stock Higher, Expanding Virtual Reality Products

In other Best Buy news, CEO Hubert Joly sold 398,000 shares of the company's stock in a transaction on Thursday, June 2nd. For online sales, it's shipping goods from all of its stores, which means speedier deliveries. Best Buy also forecast reve...

Tesla (TSLA) Stock Up, Wins Approval for $2.6 Billion SolarCity Deal

Tesla's Innovations are transforming the world of Automobile industry, says Forbes, as it ranks Elon Musk's company at the top in the Global list of most Innovative companies. Lyndon Rive is the seventh-biggest shareholder and his brother is the eig...

Bleak days for textile major Welspun India; market reacts sharp

One of Target's vendors, Welspun Global Brands (Welspun), was one of the producers of Egyptian Cotton 500-thread count sheets under the Fieldcrest label for Target , the U.S. Part of a roughly US$3 billion (RM12.06 billion) conglomerate headed by Ba...

Thousands of Dead Fish Found Floating in NJ Waters

Locals say that the fish aren't just cluttering up the marina and making it hard for boat owners to go about their days. New Jersey Department of Environmental Protection officials told the station that the 3- to 4-inch fish known as the peanut b...

AstraZeneca to sell molecule antibiotics business to Pfizer

The deal is especially noteworthy considering how AstraZeneca warded off Pfizer's $120 billion takeover attempt two years ago. The AstraZeneca agreement comes after Pfizer earlier this week announced an agreement to buy Medivation Inc.in a ...

In dry, windy West, crews target flames in several states

Inslee's proclamation directs state agencies to do everything reasonably possible to assist local governments in responding and recovering from fires. It is not threatening any homes. Warm, windy weather has led the biggest wildfire in Yellowstone ...

Asian stocks mixed ahead of Fed meeting

Advertisment Stock futures pointed to a higher opening for Canada's main stock index on Tuesday, tracking world markets, as investors await further clues on whether the U.S. As of 9 a.m. on August 23, the Fed Fund futures predict an 18% probabil...

Speedo USA, Ralph Lauren drop Lochte after Rio incident

All four are subject to an International Olympic Commission investigation into their conduct and Lochte has now been hit financially as well. Likewise, Airweave - which provided mattresses for Team USA in Rio - said its agreement with Lochte was ...

RMT's five-day strike on Southern starts

The RMT union called the strike to protest against plans to downgrade the role of the conductor on Southern Rail trains, causing cancellations across the network. Under the new plans, the drivers will shut the doors using new technology and the con...

What's next from J.K. Rowling? Three new Hogwarts e-books

The announcement was made yesterday on Rowling's site Pottermore and the eBooks are coming next month! The theme of the books is Hogwarts and will follow three of your favourite characters from the HP series. Pottermore Presents will be a collect...

What role is Roger Ailes playing in Donald Trump's campaign?

BuzzFeed reported that during a meeting on Saturday with his newly formed Hispanic advisory council, Trump hinted he is interested in devising a "humane and efficient" means of dealing with immigrants now living in the country illegally. "He's chall...

US stocks close modestly lower as oil slumps

At 12:30 p.m. ET (1630 GMT), the Dow Jones Industrial Average was down 30.12 points, or 0.16 percent, at 18,502.93. The Standard & Poor's 500 is down 4 points, or 0.2 percent, to 2,182. The yield on the 10-year Treasury bond rose to 1.57%. Alibab...

Urjit Patel is the next RBI chief

Speculation over who will head the Reserve Bank of India after present governor Raghuram Rajan ends his term on 4 September has ended with the finance ministry appointing deputy governor and eminent economist Urgit Pater as the new governor.

Weekly US crude inventories fall by 2.5 million barrels

Oil prices rose on Thursday for a sixth straight day, with Brent crude rising above $50 for the first time in six weeks as the world's biggest producers prepared to discuss a possible freeze in production levels. In US oil markets, prices were pushed...

Macy's plans to close 100 stores, fate of local ones unknown

There is a Macy's store at the Shops at Nanuet on Route 59 and also at the Palisades Center in West Nyack. It's all part of a big change for retail: Oodles of other big-name brands, from Sports Authority to Ralph Lauren, have also closed locatio...

The woman tapped to help save Trump's campaign

Paul Manafort , the Trump campaign chairman who in recent days has come under scrutiny for his links to the pro-Russia former president of Ukraine, will remain in his current role. In addition, both Trump and Bannon have "trafficked in deranged consp...

Cisco planning to lay off thousands of workers

Savings from up to 5,500 job cuts would be reinvested into key growth areas, Cisco said. No details were immediately given as to how many jobs the San Jose-based company plans on shedding in the Bay Area. It will be the largest loss of jobs in th...

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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...