Money

CBS declares war on Shari Redstone over Viacom merger

But, it would greatly reduce Redstone's power to demand a recombination of Viacom and CBS , which has weighed heavily on CBS shares. Should the CBS boa...


HSBC Performs World's First Trade Finance Transaction Using Blockchain

HSBC also revealed that the transaction was completed on a platform called Corda , developed by the New York-based blockchain consortium R3. The incentive? ...


John Oliver Rips Into 'Total Moron' Michael Cohen Over Consulting Scandal

Mr. Cohen repeatedly pitched Uber, which said no, citing Mr. Cohen's ownership of NY taxi medallions as a potential conflict of interest with the ride-hailing...


Iran's Oil Minister: oil exports won't change much despite sanctions

Global benchmark Brent LCOc1 gained $1.11 to settle at $78.23 a barrel. In other news, the U.S. Energy Information Administration reported that U.S. But that'...


Seattle tax showdown with Amazon coming to a head

The tax is expected to raise roughly $50 million per year toward outreach efforts for the homeless, including affordable housing and emergency shelter. The un...


Nirav Modi, bank's ex-chief among 22 named in CBI charge sheet

The document lists the alleged role of Punjab National Bank's former chief Usha Ananthasubramanian , who is now the CEO and MD of Allahabad Bank . Besides h...


Asiana plane crashes while taxiing

Asiana Airlines declined to comment when contacted by FlightGlobal, noting that the accident was being investigated by Turkish and South Korean authorities. V...


Retail inflation increases to 4.58% in April

WPI inflation was at 2.47% in the previous month and 3.85% during the corresponding month of the previous year. Primary articles, which accounts for more tha...


Britain Firmly Committed to Ensuring Iran Nuclear Deal

Donald Trump announced on Tuesday that he was leaving agreement sponsored by Barack Obama for lifting of sanctions on Iran in exchange for regime's stoppin...


Facebook suspends 200 apps following Cambridge Analytica scandal

KitGuru Says: It's never been a secret that Facebook has access to large amounts of user data, but seeing how much of that information could be accessed by outs...


Gas prices rise 7 cents

Traverse City had the lowest average gas price at $2.85 per gallon, while Ann Arbor's $2.97 was the highest. Gas prices saw one of the largest weekly increase...


Oil Prices steady: OPEC says it could offset Iranian supply losses

Commercial oil inventories in the Organization for Economic Cooperation and Development-a group of industrialized, oil-consuming nations that includes the US -f...


Nigerian Mother Sues United Airlines for Kicking Her, Children Out of Plane

The lawsuit also stated that, " United Airlines discriminated against Obioma and her children during the incident on March 4, 2016 at George Bush Intercontinen...


Xerox ends Fujifilm deal in win for Carl Icahn

Xerox said it was terminating its agreement to combine with Fuji Xerox after Fujifilm failed to provide audited financials for the joint venture on time. Icahn ...


Who earned how much from Walmart-Flipkart deal

Also, the deal has put SoftBank in a tight position. Currently, both Amazon and Flipkart control a respective 35 percent of India's e-commerce market, which i...


Karnataka polls over, petrol, diesel prices rise after 19 day freeze

Karnataka voted on Saturday for a new assembly and the results will be announced tomorrow. An update by Indian Oil Corporation said that the price of petrol wen...


Tesla with autopilot slams into truck stopped at red light in Utah

Winkler said information gathered during the investigation was the Tesla was southbound on Bangerter Highway, traveling at the posted speed limit of 60 miles pe...


McCain's daughter hits back at his critics

The magazine also reported that McCain provided "the name of his ship, the number of raids he had flown, his squadron number and the target of his final raid"...


Was your credit card compromised?

The Brinker incident is somewhat out of the ordinary because companies rarely report card breaches on the same day they discover them, usually waiting weeks and...


UAE makes history in Indian oil

The work will upgrade the refining and petrochemicals plant at Ruwais in partnership with worldwide energy firms, he said. The project aims to boost ADNOC´s r...