Money

Amazon announces $15 minimum wage for all US employees

The higher minimum wage, which will go into effect on November 1, comes after the company faced criticism over its pay and treatment of employees. Sen. The new ...


Tesla Shares Jump; Elon Musk Says Company Close To Achieving Profit

Avakian and Peikin demanded that Musk pay US$20 million and be removed as Tesla's chairman for at least three years , harsher terms than were being offered i...


Oil prices reach four-year high ahead of United States sanctions on Iran

The recent increase in oil prices has prompted talk that crude could reach $100 per barrel for the first time since prices slumped in mid-2014, when Brent peake...


India wants to start trade talks with USA 'immediately'

Trump has used USA tariffs on billions of dollars' worth of imported goods from China and other nations as a negotiating tactic and said the North American ...


General Electric has lost value equal to Facebook since peak

Culp said, "GE remains a fundamentally strong company with great businesses and tremendous talent". GE has turned to cost-cutting measures in recent quarters ...


Elon Musk surrender set to boost Tesla shares

Whoever becomes the new chairperson of Tesla Motors will face the formidable task of reining in Elon Musk , the charismatic, visionary chief executive with a...


John Flannery steps down as CEO of GE, shares jump 15 percent

However, as Flannery has restructured the multinational conglomerate, its value has dipped below $100 billion and shares are down more than 35 percent this year...


US sues California over net neutrality law

The Trump administration says the new law creates burdensome requirements that are at odds with federal law. Jerry Brown vetoed a bill on Sunday that woul...


Aldi sales rise above £10bn in bumper year

Aldi confirmed on Monday that it plans to open 130 stores in the United Kingdom over the next two years, creating 5,000 jobs and taking it closer to its target ...


Fuel price hike: Petrol prices cross Rs 91 per liter in Mumbai

The increase in transportation fuel prices comes amid surging crude oil prices. Petrol and diesel prices continued the upward trend, as in Delhi petrol is n...


Elon Musk Resigns as Chairman; Order to Pay $20 Million Fine

Along with leaving, Musk has to pay a $20 million fine for a tweet he fired off saying he planned on a massive buyout of Tesla. Tesla shares are expected to r...


Canada reaches 11th-hour NAFTA deal with U.S., Mexico

A senior Trump administration official said the new United States-Mexico-Canada Agreement (USMCA) as a "great win for the president and a validation for his str...


Fuel price hike: Petrol, diesel touch new heights

Now as petrol prices have increased, there are also murmurs among local taxi drivers to increase fares. The increase in transportation fuel prices comes amid ...


Pressure spreads to block Unilever move

One of Unilever's top ten investors also said on Friday that they were likely to vote against Graeme Pitkethly, the chief financial officer, over the "aggressiv...


United Kingdom regulator to probe 'rip off' providers after super complaint

Citizens Advice is calling for the CMA to carry out an investigation and put forward recommendations. CMA stands for the Competition and Markets Authority ...


BlackBerry shares up after profits beat expectations, automotive sector grows

As web-connected devices become commonplace and cybersecurity has become a top concern for organizations across all sectors, BlackBerry has been investing both ...


Ryanair strike impacts thousands of travelers

On Thursday, the airline said it would base two aircraft in Bordeaux and two more in Marseille, using the airports as a hub to add 27 new routes to its northern...


Volkswagen partners with Microsoft to keep cars connected to the cloud

Volkswagen is taking steps for a digital transformation that it hopes will serve as the technological basis for an "industrial automotive cloud". Microsoft ha...


Amazon Opens ‘4-Star’ Shop In SoHo

The Amazon 4-star store's initial inventory includes some of the most popular categories on amazon.com including devices, consumer electronics , kitchen, hom...


Amsterdam at high risk for home price bubble

While none of the major USA cities are in risky territory, San Francisco, Los Angeles and NY are overvalued. Boston, Milan and Singapore were deemed fairly ...


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