Money

Digital surge crushes music retailer HMV

Mr McGowan said the business had also suffered from the "general malaise" affecting the high street , pointing in particular to its annual business rates bill ...


Jet bridge fails at BWI Marshall; 6 hurt

Multiple emergency services personnel responded to the scene, transporting at least six people to area hospitals with non-life-threatening injuries. A spokesman...


Computer virus freezes South Florida Sun Sentinel

The San Diego Union-Tribune was unable to make Saturday delivery of its print addition, and the Southern California editions of the Wall Street Journal and Th...


December early indicators show China slowed for a 7th month

Deputy U.S. Trade Representative Jeffrey Gerrish will lead the Trump administration's team, which will also include Treasury Under Secretary for International A...


Land Rover Defender finally returning to American markets

When it returns for the 2020 model year, the new Defender will represent the most complete redesign in Series Land Rover history. The factory already buil...


Sears at Charlottesville Fashion Square to Close

It filed for bankruptcy in October with about 700 stores still open, but plans to close 142 unprofitable locations. The Sears Auto Center at the location will...


London's Gatwick Airport sold to Vinci for US$3.7B

Vinci managed 35 airports as at the end of past year, in countries including Japan, Brazil, France and Cambodia. Gatwick has been under pressure due to i...


Wells Fargo to pay states $575M for phony accounts, deception scandals

That's when the bank admitted its employees opened as many as 3.5 million fake bank and credit card accounts without customers' knowledge. "Wells Fargo custom...


Sears closing 80 more stores -- 2 in MI

Earlier this month, the hedge fund run by Sears Chairman Edward Lampert said it would offer about $4.6 billion for numerous retailer's remaining assets, includi...


US holiday shopping season best in six years

That helped fuel the S&P 500 stock index's healthy 2 percent-plus rebound on the day, following the drubbing all the major US indexes suffered in Monday's hol...


Dow Surges 1000+ Points, Largest Single-Day Gain Ever

Volatility has been the norm this month. Even with Wednesday's recovery, US stock markets are still on pace for their worst December since 1931, CNN reporte...


Minimum wage hike in effect December 31

The remainder of workers in the state will see the wage floor lifted to $12.50 in two years, at which point the minimum wage will increase at a schedule to be d...


Amazon's Digital Assistant Alexa Took A Day Off On Christmas

Amazon announced a "record-breaking" holiday season with more items ordered than ever before. The last Prime Now order was delivered on Christmas Eve at 11:30 p...


Nationwide internet outage affects CenturyLink

The outage began early in the day and continued into the evening, the Associated Press reported . CenturyLink subsequently said it had identified a "netw...


Confusing signals from Washington send markets plunging

Investors, also facing the likelihood of a prolonged USA government shutdown , fled to the relative safety of bonds and gold during the first day of a week of ...


NY awe-struck as sky over Queens turns blue

The fire broke out at a Con Edison plant in Queens at around 9 p.m. and was under control within the hour, police said. The fire had been brought under control,...


White House considers ban on Chinese 5G technology

The executive order, which has been under consideration by Trump (left) for more than eight months, could be issued as early as January and block United States ...


Boxing day shoppers queuing before 3am

Springboard said one reason for the drop in footfall was the nearly continuous discounting, particularly since November's Black Friday . Yes, gentle readers,...


Fed chair’s job is not in jeopardy, White House economic adviser says

Mr Hassett also said Mr Trump was happy with Treasury Secretary Steven Mnuchin , who in recent days has talked with top USA bankers and convened a call with a ...


Amazon, Flipkart face new regulations as government plans to ban online exclusives

The new rules will be applicable from February 1. The Department of Industrial Policy and Promotion ( DIPP ), Ministry of Commerce and Industry had released...


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