Economy

USA stock markets rebounds on report of trade talks with China

Strong gains in technology companies and banks are leading stocks higher as the market recoups some of its huge losses from last week. Investors were encouraged...


Uber Sells Southeast Asian Operations to Rival Grab

The statement did not disclose the value of the deal . " Today's acquisition marks the beginning of a new era ", said Anthony Tan, Chief Executive Officer of...


America's oldest gun maker files for bankruptcy as sales decline nationwide

The filing comes amid fresh demands for greater gun control in the US. Cerberus eventually let its institutional investors cash out of Freedom Group, which re...


China eyes new yuan-denominated oil benchmark with futures launch

The contracts may not only help wrest some control over pricing from the main worldwide benchmarks, but yuan-denominated contracts could also promote the use of...


Crude oil prices hit seven-week high as U.S. supply drops

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $65.34 a barrel, up $1.04, or 1.6 percent. "Despite all the bearish USA shale supply headlines, ...


Why WhatsApp Co-Founder Brian Acton Tweeted '#DeleteFacebook'

Acton remained with Facebook until earlier this year, while WhatsApp co-founder Jan Koum remains behind and still holds a seat on Facebook's board . A form...


TOYS 'R' US Going Out of Business Sale Starts This Week

The company that owns the KB Toys brand, Strategic Marks, is going to work with tried-and-true holiday and pop-up pros like Spencer Spirit Holdings and Party Ci...


Amazon Is Considering Buying Some Empty Toys 'R' Us Stores

The Champaign Toys R Us said will stay open through at least May 14. Senator Charles Schumer is calling on federal regulators to let customers redeem unspent ...


United Kingdom households get some relief as inflation dips

This left the consumer price index substantially above the BoE's 2% target and prompted the Bank to raise its interest rate for the first time in a decade durin...


RIP Your Youth: Claire's Is Filing For Bankruptcy

Claire's expects its concessions business to grow by more than 4,000 stores in 2018, the company said. The Chapter 11 bankruptcy filing specifically affect...


United plane heading to St. Louis diverted after pet mistakenly loaded onboard

Louis, but the pet was due to fly from New Jersey to Akron. United said the dog was successfully reunited with its owner. Turns out United has a particularly aw...


The Walkout Came At A Price For Students - It Didn't Stop Them

Students at Booker T. Washington High School were placed on a "soft" lockdown to prevent visitors from entering the school. "In Los Angeles and other cities, ...


Dick's Sporting Goods Looks Beyond Soft Q4

The stock increased 0.93% or $0.06 during the last trading session, reaching $6.54. "There's going to be some pushback and we expected that", said CEO Edwar...


German industry want United Kingdom in a customs union after Brexit

The draft EU text published last month says Northern Ireland must stay in a customs union with the rest of the bloc if no better way is found to avoid a hard ...


Google will soon ban all ads promoting cryptocurrencies

Those ads placed on third-party sites via the company's ad platforms will also get affected. In its updated policy on Wednesday, this decision of banning ads...


MedEquities Realty Trust, Inc. (NASDAQ:MRT) Expected To Report Earnings On Wednesday

The stock decreased 1.53% or $0.61 during the last trading session, reaching $39.14. The average volume was noted at 1455.49K shares while its relative volume w...


Who is Martin Shkreli 'the most hated man in America'?

District Judge Kiyo Matsumoto . Martin Shkreli , Wu-Tang Clan fan, pharma bro , and embodiment of the evils of capitalism, has been sentenced to seven y...


Richard Sherman to visit with the Lions

It also might convince defensive end Julius Peppers, who's weighing his future, to decide to play another season. Health will surely play a role in the type of ...


Malfunction At Freezing Facility Could Have Damaged Thousands Of Frozen Eggs, Embryos

Some of the eggs and embryos had been stored for decades. "We don't know the reasons why yet", DePompei said. University Hospitals issued a statement sayi...


Manny Pacquiao to fight Lucas Matthysse in Kuala Lumpur

Concerning the fight, Matthysse is a very risky puncher, this is a fight that could wind up with Pacquiao badly hurt especially if he isn't taking it seriousl...