Economy

Amazon chooses Northern Virginia, NYC for new headquarters

Amazon chooses Northern Virginia, NYC for new headquarters The three locations could create some 55,000 jobs in the next two decades. In a series of tweets Monday night, Ocasio-Cortez criticized the tax breaks NY has offered Amazon and questioned whether the company plans to pay high wages , provide benefits, and hire from the existing community. [Full Article...]

Runaway mining train in Australia travels 90km without driver

Runaway mining train in Australia travels 90km without driver The vehicle, which had no one on board but carrying iron ore, consisted of four locomotives and 268 wagons, according to ATSB's statement . The 268-wagon train began its solo journey when the driver got down to carry out inspection, and was soon moving at up to 110 km per hour. [Full Article...]

Trump Threatens to Investigate Democrats if They Probe His Administration

Trump Threatens to Investigate Democrats if They Probe His Administration Mr McConnell said that Democrats in the House will have to decide how much they want to "harass" Mr Trump. Democrats picked up seats on state education and university boards, which usually suggests a wave election, said Bernie Porn, president of Lansing-based polling firm EPIC-MRA. [Full Article...]

Michigan, Missouri and Utah vote to legalize marijuana in midterm election

Michigan, Missouri and Utah vote to legalize marijuana in midterm election These races were not close. Medical marijuana has been legal in MI since voters approved its use in a 2008 ballot initiative. The healthy margins are not surprising given the general popularity of these policies. "MI is going to demonstrate that regulating marijuana works, and it will set a strong example for other states in the region and around the country". [Full Article...]

Greece to continue importing oil from Iran

Greece to continue importing oil from Iran The United States reimposed oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East . [Full Article...]

United States midterm elections: Polls open in key vote on Trump presidency

United States midterm elections: Polls open in key vote on Trump presidency Campaigns unfolded against a backdrop of jarring political imagery, overheated rhetoric and angry debates on immigration , health care and the role of Congress in overseeing the president. He noted that some GOP members who faced blowback from constituents on some key agenda items opted to " vote no but hope that the bill passes". Election workers Mark Bezanson, left, and Julie Olson dump ball... [Full Article...]

Apple loses $1 trillion status after soft holiday forecast

Apple loses $1 trillion status after soft holiday forecast In terms of revenue, Apple broke its own record with $62.9 billion, 20% up from a year ago. Cook was confident, however, that Apple will be able to get through the circumstances, as the company is armed with "our strongest line-up of products and services ever". [Full Article...]

G20 / Trump, Xi eye G20 talks after very good phone call

G20 / Trump, Xi eye G20 talks after very good phone call We are much closer to doing something. The Chinese president also said he would like to meet Trump at the G20. "Those discussions are moving along nicely", Trump wrote on Twitter . The yuan is continuing to push forward with gains against the greenback as talks of a US-China trade resolution continues to fuel the rally seen in the past two days. [Full Article...]

India, China among top 10 improvers

India, China among top 10 improvers The World Bank has ranked Nigeria 146 out of 190 countries on ease of doing business . Two economies that enter the top 20 this year - the United Arab Emirates and Malaysia - have maintained such a reform momentum. Nigeria made starting a business easier by introducing an online platform to pay stamp duties. A case study in the report, which analyzes this data, finds that mandatory and annu... [Full Article...]

Donald Trump expects 'great deal' with China over trade

Donald Trump expects 'great deal' with China over trade Trump also said he believed " a great deal " on trade can be agreed with China, but warned about new tariffs if the deal is not struck. World markets are mixed after U.S. The cause of the conflict was the desire of Donald trump to reduce the USA negative trade balance with China. The ambassador made no specific remarks about the current trade stand-off between the U.S. [Full Article...]

Merkel says will step down as German chancellor at end of term

Merkel says will step down as German chancellor at end of term Her party's latest election setback happened Sunday in the central state of Hesse. Merkel's conservative Christian Democrats (CDU) came home first in the election in the western state of Hesse, but polled just 27.2 percent of the vote, projections for broadcaster ZDF based on preliminary results showed. [Full Article...]

Lion Air passenger plane crashes after taking off from Jakarta

Lion Air passenger plane crashes after taking off from Jakarta A Lion Air Boeing 737 airplane carrying at least 188 souls on board plummeted into the sea upon take off from Jakarta , in Indonesia. One widely circulated photo on Twitter showing the plane in the water almost intact appears to be from a past plane crash; the photos of the Lion Air 610 crash scene do not show the aircraft visible on the waters, but, rather, lost to the deep. [Full Article...]

Oil prices drop as oversupply looms amid global market woes

Oil prices drop as oversupply looms amid global market woes US efforts to isolate Iran and its crude output, as well as spiraling Venezuelan production, haven't been enough to serve as a geopolitical counterweight to the selloff. There are so far no signs of any actual supply squeeze and some believe that without the current geopolitical uncertainties, oil prices would still be stable. [Full Article...]

IBM to Buy Software Maker Red Hat for About $34 Billion

IBM to Buy Software Maker Red Hat for About $34 Billion IBM agreed to acquire software maker Red Hat Inc.in a $33.4 billion bet on jump-starting its efforts to catch up in the cloud. "Most companies today are only 20 percent along their cloud journey, renting compute power to cut costs", IBM Chief Executive Ginni Rometty said in a press release announcing the deal . [Full Article...]

Markets Right Now: US stock indexes surge a day after a rout

Markets Right Now: US stock indexes surge a day after a rout USA stocks plunged on Friday as grim earnings reports from Amazon and Alphabet rekindled a rush to dump technology and high-growth stocks, but data showing economic growth in the last quarter slowed less than expected provided some relief. [Full Article...]

UBS reports huge wealth generated by China, warns against trade tensions

UBS reports huge wealth generated by China, warns against trade tensions The wealth of Chinese billionaires grew at a much faster rate than that of their global peers past year, chalking up an astounding 39% increase to a total of $1.12 trillion, the report says. The latest UBS/PWC billionaires report charts exactly how and where the moneyed elite is prospering. Further, billionaires are embracing sustainable investing, seeing how it not only does good, but also ... [Full Article...]

Under federal probe, Tesla shares documents with DOJ about Model 3 production

Under federal probe, Tesla shares documents with DOJ about Model 3 production He added: "While Tesla is a very innovative and disruptive company with strong growth ahead via disrupting large addressable markets, it is also a classic story stock that is hard to value given that the investment decision is often qualitative rather than quantitative". [Full Article...]

New Jersey Man Breaks His Hip but Wins the Lottery

New Jersey Man Breaks His Hip but Wins the Lottery It comes after one ticket sold in SC matched all six numbers on Tuesday in the United States' other main lottery, the Mega Millions, to win a jackpot of $1.537 billion, just short of a world record. "We were overwhelmed and humbled that they did this", niece Bobbie Mickle said. The parent turned out to be one of 10 division one winning entries across Australia in a Lotto draw, taking home a cool... [Full Article...]

Backstage Update On John Cena's WWE Crown Jewel Status

Backstage Update On John Cena's WWE Crown Jewel Status The report provides no further details about the information that led to this conclusion, nor does it say whether the " premeditated " killing happened under orders from the Saudi government. After an investigation from the Turkish officials found the claim to be contradicting, the attorney general of Saudi Arabia ruled Thursday that Khashoggi died following a premeditated attack. [Full Article...]

$1 million Powerball ticket sold in Kentucky, jackpot soars to $750 million

$1 million Powerball ticket sold in Kentucky, jackpot soars to $750 million Mr Patel said he has no idea who bought the winning ticket but hopes they keep coming back. Most winners take the cash option, which would be $354.3 million. Although Tuesday's jackpot was enormous, it's no fluke. Before the drawing, lottery officials had been reporting an expected record-breaking $1.6 billion jackpot, based on estimates tied to historical patterns, lottery spokeswoman Carole Bo... [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15  Next »