Money

United Kingdom cuts growth forecast

Philip Hammond referred to the British economy as "remarkably robust" during today's Spring Statement . Hammond told politicians he would be able to relax hi...


Pi Day 2019: Celebrate 3/14 with deals on pizzas, pies and more

And pies that cost $3.14. "I would pie-ly recommend it". Cheddar's Scratch Kitchen : Order a homemade chicken pot pie in the restaurant, or one to-go, and re...


Billionaire Nelson Peltz is getting into the cannabis business

Peltz said he sees Aurora as having "strongly differentiated from its peers" and is "poised to go to the next level across a range of industry verticals". Peltz...


Uber plans to kick off IPO in April, right after Lyft's

Lyft , by contrast, said in its prospectus that its 2018 revenue totaled $2.2 billion and a loss of $911 million, which according to Axios would be the largest...


Spotify Hits Apple With Antitrust Complaint in Europe Over App Store

Apple's power as a platform hasn't yet triggered antitrust concerns in Europe, EU Competition Commissioner Margrethe Vestager told reporters in Austin, Texas, ...


Ghosn 'disappointed' at ban from Nissan meeting, wants to fulfill duties

Nissan , Renault and Mitsubishi plan to set up a joint board meeting structure under which Renault's new chairman, Jean-Dominique Senard, is likely to take ...


Wells Fargo CEO Tim Sloan Testifies Before House Committee

In his response, Sloan announced that the bank is in the process of cutting ties with one group and has already stopped financing another-information that wasn'...


Legacy making merger: Disney-Fox mega-deal set to close March 20

The parts of 21st Century Fox that Disney is not purchasing: Fox Broadcasting Network, Fox News and Fox Sports , will be spun into a new company that will be...


Tesla Reveals Model Y ‘Baby SUV’ Tonight

Tesla is set to unveil their highly anticipated electric Model Y compact SUV tonight, with CEO Elon Musk ready to showcase the company's latest vehicle. If it w...


Oil up after USA crude stock draw, supply growth seen easing

The U.S.net trade volume of petroleum in 2018 reached the lowest level since 1967 while its gross petroleum trade reached an all-time high, the U.S. Energy Inf...


Toyota announces $111 million investment, 123 new jobs at W.Va. plant

As Toyota announced a massive expansion at five locations across the country on Thursday - the largest of which is taking place in Huntsville - Trump tweeted ...


Woman awarded $29m in damages in Johnson & Johnson cancer case

This lawsuit is one of over 13,000 that Johnson & Johnson is now facing over its talc baby powder. A judge awarded plaintiffs claiming that the baby powder ca...


Does the SEC Have Enough Evidence Against Elon Musk?

On the company's website, Tesla says it will livestream the unveiling at 8 p.m. PDT. It's against that backdrop that the Palo Alto-based company is about to...


Facebook's chief product officer and head of Whatsapp are leaving

Two senior executives at Facebook left the company this week, with one of them emphasizing Facebook's need to find leaders who were "excited" about the new dire...


S&P 500, Nasdaq rise after inflation data, Boeing weighs on Dow

The S&P 500 rose 19 points, or 0.7 per cent, to 2,810. Boeing , the heaviest-weighted component of the Dow , slumped 10% amid that China and Indonesia - two...


'Solid hiring climate' expected for Burnaby, says employment agency

The UK jobs market has been like a party that no-one has wanted to leave, and the ONS recently reported a 440,000 increase in employment in the past year. And V...


Facebook finally ends daylong outage, blames server change

The company said it has fixed the glitch. "We're very sorry for the inconvenience and appreciate everyone's patience". Facebook said Thursday it had fixed the...


Police seek four suspects in bitcoin fraud investigation

Cybercrime Team (CPS) is investigating a series of fraudulent crimes with Bitcoin ATMs that resulted in the Canadian blockchain company incurring a loss of ...


Fiat Chrysler recalling nearly 900,000 vehicles on emissions

The voluntary recall involves models of the Dodge Journey , Avenger and Caliber and Chrysler 200 sedans, as well as the Jeep Compass and Patriot SUVs, prod...


Powerball lottery jackpot surges to $495M, the 8th largest in game's history

That's a cash option of about $271 million. The winning numbers are 18-36-45-47-69 Powerball 14 Power Play 3x. Two of those tickets were sold in NY and are wo...


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