Money

Xi Jinping vows transparency over Belt and Road

That came after Chinese officials said state-owned banks would step up scrutiny of borrowers and some governments complained projects do too little for their ec...


USA economy expanded a surprise 3.2% in first quarter

The economy grew at a 2.2-percent pace in the October-December period. The Commerce Department said Friday that gross domestic product, a measure of all the...


Uber Drivers Plan Strike Ahead Of IPO

Uber also disclosed that PayPal plans to buy $500 million in stock at the IPO price, and that the companies will explore future commercial payment collaboration...


LG to suspend manufacturing of smartphones in South Korea

LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam , joining global rivals shifting...


Amazon to bring 1-day delivery to Prime members

Inc. will spend $800 million in the current quarter to reduce delivery times for top customers to one day from two, trying to revive its main e-commerce franchi...


Amazon Wants You To Give Its Delivery Personnel Access To Your Garage

The delivery person goes through an Amazon app to verify the package is for the recipient at that exact geolocation, and the door opens to allow brief acces...


Carlos Ghosn posts bail again after rearrest in Japan

The bail conditions set by the court again require that he remain in Japan , said a source knowledgeable on the matter. Prosecutors were fighting to keep ...


S&P & NASDAQ close at record highs!

Shares were mostly lower in Asia on Wednesday despite the S&P 500's all-time record high close the day before. The broad-based S&P 500 finished at 2,933.6...


Trump Warms to Harley Davidson, Says EU Tariffs 'unfair'

Formula E's Envision Virgin Racing has announced a new partnership with Harley Davidson motorcycles. "So unfair to U.S. We will Reciprocate!" Trump had pr...


Walgreens will stop selling tobacco products to anyone under 21

Walgreens announced Tuesday that it's increasing its tobacco buying age to 21 in September after the Food and Drug Administration put the pharmacy "on notic...


Microsoft on a tear as cloud business soars

Azure, Microsoft's flagship cloud product, competes with market leader Amazon.com's Amazon Web Services (AWS) to provide computing power to businesses. This is ...


Nearly 57 tons of ground beef for possible E coli

Fifty percent of them are female. The bacteria is an unusual strain that has sickened 156 people in 10 states, hospitalizing 20 of them. No deaths or cases of...


Central Intelligence Agency reportedly says Huawei funded by Chinese state security

At the same time, the company's profit margin for the first quarter was 8%, slightly higher than a year ago. Huawei, which has tried to elbow its way into Eur...


China's new rules on video game approvals include banning poker and blood

This development will eliminate a huge chunk of China's video game market. Gaming market research and consulting firm Niko Partners said the administrat...


Facebook Beats Wall Street Q1 Estimates, Reveals $3B Hit From FTC Probe

The stock traded higher by 4.8 percent at $191.66 per share in the after-hours session. The largest fine was levied on Google in 2012, when the company had to...


Iran, US in war of words over prisoners

He added: "We have an Iranian lady in Australia who gave birth to a child in prison, not even on bail, inside prison, on an extradition request by the United S...


Beyond Meat Set IPO Pricing

Last year , it lost US$29.9 million on revenue of US$87.9 million compared with a 2017 loss of US$30.4 million on revenue of US$32.6 million. However, the compa...


Tesla Model S and Model X get new longer range options

The Model S in Long Range guise now delivers an estimated 370 miles on a single charge and the Model X in Long Range an estimated 325 miles. Reuters repo...


Starting In July, Amazon Returns Can Be Made At All Kohl’s Stores

The service is completely free of charge regardless of the reason for the return. Amazon and Kohl's share a "passion in providing outstanding customer service...


Teslas go farther, Ford and Rivian, Sono production, Colorado fines

Additionally, Rivian will supply Ford with an electric vehicle platform as part of the investment deal. Rivian intends to begin production of both the R1S ...


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