Money

Verizon CEO McAdam announces retirement, successor appointed

Current CEO Lowell McAdam , 64, will step down on August 1, seven years after he took the helm of the company. McAdam will step down August 1 and will remain...


Canada posts job losses in May, but wages increased

Barrie's unemployment rate dropped in May, but remains one of the highest in the country. This caused the unemployment rate to improve to 4.1 per cent from 4.2 ...


Britain's FCA presses ahead with 'Aramco' listing rule

Saudi Arabia is expected to float up to 5 per cent in Aramco in Riyadh and an worldwide venue such as London or NY in what is expected to be the biggest ...


Trump throws G-7 into disarray with tweets after he leaves

Just hours after issuing a series of aggressive messages about global trade and Canadian dairy practices, Donald Trump has arrived in Quebec to attend some ...


Lucky victor claims $315M Powerball jackpot prize

Sold at the ShopRite on South River Street in Hackensack for the May 19 drawing, the ticket matched five numbers plus the Powerball: 3, 6, 9, 17 and 56, with ...


Oil falls on concerns over rising supply, weaker demand

Meanwhile, U.S. output has risen so much that it's overwhelming pipeline infrastructure and forcing drillers at the prolific Permian region of West Texas and Ne...


Google makes itself responsible for the ethical use of AI

So today, we're announcing seven principles to guide our work going forward. "As a leader in AI, we feel a deep responsibility to get this right", he continue...


Patterson out at BT

Patterson said 15 months ago that BT had been taken aback by the flak it had received about the company's customer service and its networks, and he vowed that i...


G7 in disarray after Trump rejects communique and attacks 'weak' Trudeau

The noise of Mr Trump's helicopter landing was so loud they had to stop talking for a while, in a scene one official compared to the opening from the United S...


IBM and the DoE launch the world’s fastest supercomputer

There's a lot more to Summit than simply snatching back a record China's held for five years. Summit will also lead to scientific discoveries that were previo...


KFC: Try Our Vegetarian Chicken

The KFC experiment with faux fried chicken may be an earnest attempt to shrink the British waistline, but it also aligns with meatless items recently added to...


FCA to launch investigation into TSB's IT failures

Shortly before Pester's appearance before the committee, the Financial Conduct Authority launched a stinging attack on him over the bank's failure to be open ...


Trump keeps G7 attendance short at tense summit

Trumps pitch that world leaders eliminate all tariffs - or else - was his latest attempt to reorder the global trading system, which he says is stacked unfairl...


Blurred Lines: The SEC and Cryptocurrency Exchange Coinbase Eye Crypto Securities

Details of Coinbase's licensure application process were laid out in a blog post entitled "Our path to listing SEC-regulated crypto securities", Coinbase explai...


Emmanuel Macron Says 'Things Moving Forward' After G7 Trade Spat

Trump left the meeting early to fly to Singapore for a meeting with North Korean leader Kim Jong Un , describing it as a "mission of peace". Meanwhile, Russi...


US Reaches Deal With China's ZTE - Secretary of Commerce

The Trump administration had previously announced that it was banning USA companies from selling ZTE components for seven years, components critical to its ...


Buffett, Dimon say quarterly profit forecasts harming economy

Dimon , the chairman of the Business Roundtable , said the group of CEOs has thrown its support behind companies backing away from the practice. Berkshire H...


Sucking Carbon Dioxide from the Air to Produce Gasoline? - Hit & Run

Once purified, the captured Carbon dioxide can be injected underground or used to make commercial products, such as fuels or plastics. "We would not be in bus...


Apple warns suppliers that iPhone demand is falling

Apple may well be preparing for smartphone fatigue with its conservative estimate, or this report might be flat out wrong like those which pegged the firm's i...


Britain's FTSE fails to open, LSE says opening auction delayed

JPMorgan Chase & Co. set a GBX 4,600 ($61.24) target price on shares of London Stock Exchange Group and gave the company a "buy" rating in a research report o...