Finance

Amazon scraps plan to build a headquarters in New York City

It's a big reversal of its much-hyped decision to build a new headquarters in Queens after a highly publicized nationwide search. This morning, instead of flo...


Liberal MP joins opposition call for investigation into SNC-Lavalin controversy

This major exemption, combined with the testy letter she released following Trudeau's decision to remove her from her role as AG, in which she made special no...


No, Amazon probably isn't walking away from NYC, and here's why

Amazon executives have had internal discussions recently to reassess the situation in NY and explore alternatives, the Post reported, citing people familiar ...


National Enquirer publisher denies breaking law in Jeff Bezos 'blackmail photos' row

That same day, the National Enquirer touted it was publishing alleged intimate text messages between Bezos and Lauren Sanchez , a former television ancho...


RBI: Repo rate reduced by 25 basis points

Four of the six MPC members voted to cut the rates, while all backed the change in stance. The MPC has also made a decision to change the monetary policy stance...


Google parent’s fourth-quarter revenue, profit beat estimates

In nearly as much of an anticlimax as the Snoozer Bowl, Alphabet Inc . today again beat most expectations for its fourth quarter thanks to continued strength...


Why Trump invited these particular Americans to the State of the Union

Rick Scott, R-Fla., also said on NBC's "Meet the Press" that Trump shouldn't invoke executive authority to get border-wall funding. The only question about th...


May claims she is 'armed with fresh' Brexit mandate

In particular, Brussels insists on the agreed guarantee for an open border on the island of Ireland, the so-called Backstop. Mr McDonnell also said talk of su...


Unemployment in India is at its highest in 45 years

The gloomy jobs data could be awkward for Modi's Hindu nationalist government to explain with a general election looming and opinion polls already showing the...


Trump says US-China trade talks 'going well'

He added that "No final deal will be made until my friend President Xi, and I, meet in the near future to discuss and agree on some of the long standing and m...


USA hands bank accounts to Venezuela's Guaido

Meanwhile, EU countries as France, Germany, the Netherlands, Spain and the United Kingdom have given Maduro an ultimatum, stating that they would recognize Guai...


Huawei charged with fraud and money laundering

The indictment is available here and below. The cases accuse the company of everything from bank and wire fraud to obstructing justice and conspiring to...


Facebook 'tricked' kids, parents to spend money on 'free' games

In relation to the hugely successful Facebook game 'Angry Birds , ' a memo included in the documents obtained by CIR written by Facebook employee Danny Stein...


Oil climbs on Venezuelan crisis despite surging US supply

WTI met some fresh buying interest earlier in the day on rumours that the USA could impose sanctions on Venezuelan oil exports in response to the rising social...


Trump Still Proclaims "We Will Build the Wall" - Mish Talk

U.S. President Donald Trump (2R) argues about border security with Senate Minority Leader Chuck Schumer (R) and House Minority Leader Nancy Pelosi as Vice P...


EU nations put Venezuela's Maduro on notice

Guaido said he is acting in accordance with two articles of the constitution that give the National Assembly president the right to hold power temporarily and ...


Microsoft Bing now blocked in China

As usual, China has kept quiet on why it has blocked Microsoft Bing. What triggered China to block the search engine isn't clear. Under President Xi Jinpi...


Reuters Reports Russian Military Contractors Operating In Venezuela

President Donald Trump promised to use the "full weight" of US economic and diplomatic power to push for the restoration of Venezuela's democracy. "What we're...


US, UK say Venezuela's Maduro 'illegitimate', Russian Federation and Turkey express support

US President Donald Trump, in a statement issued to local and worldwide media, said that in its role as the only legitimate branch of government duly elected by...


Controller Staffing Shortage Causes Ground Stop

House Speaker Nancy Pelosi said on Twitter that the shutdown is "pushing our airspace to the breaking point". New York Gov. Andrew Cuomo says delays at Ea...


China's economy grew at slowest pace in 28 years in 2018

Output at factories and workshops ticked up 6.2 per cent for the year, down from 6.6 per cent in 2017. The 2018 figure marks the lowest expansion since 1990. ...


Oil price TUMBLES: Crude falls as concern grows over weakening United States demand

Brent crude LCOc1 was up 82 cents, or 1.3 percent, at $62 a barrel at 1200 GMT. The Organization of the Petroleum Exporting Countries said in a monthly rep...


Cadillac just revealed the design of its first EV

The premium brand will be the first to use the platform, helping Cadillac catch up with to the likes of Audi's e-tron and the Jaguar I-Pace which are alread...


PM’s European Union deal is ‘dead’

Their intervention comes after a group of 71 Labour MPs and 13 MEPs signed a letter backing a second referendum . On Wednesday night, May, as expected, sur...


Democrats fail to push latest funding bill to reopen U.S. govt

A partial shutdown of the USA government, which is based on a dispute over a proposed wall on the United States border with Mexico , has further polarized U.S....


Quavo Invites Clemson Football Team to Quality Control HQ

Trump, a fast-food lover, said he paid for the meal himself because of the partial government shutdown , which has led to furloughs among federal workers, in...


Ocasio-Cortez Hits Back After Trump Questions ‘Who Cares’ About Her Comments

Ms Ocasio-Cortez has previously called for a 70 per cent top tax rate and for the biggest banks to be broken up. Tulsi Gabbard, and Massachusetts Rep. "I unde...


PG&E Talking to Banks on Multibillion Dollar Bankruptcy Financing

The company could face murder charges if found responsible for starting the Camp Fire , and it is already facing numerous lawsuits. As the company potentiall...


High-Tech Peephole, Smart Bra, and Other Interesting Gadgets at CES 2019

The Consumer Electronic Association (CEA), which is holding its CES show in Las Vegas this week, is under fire for taking back an innovation award it gave to ...


China-US trade talks conclude, results to be released soon

But aside from some soybean purchases, there has been little sign of big-ticket acquisitions. But if a deal doesn't happen, remember, " I am a Tariff Man ", Tru...


Bullish Traders Need Positive Trade Talk News to Sustain Rally

The oil prices are drawing support from an agreed supply cut by OPEC , as well as some non-member countries such as Russian Federation and Oman. The coalitio...


Government shutdown could hinder speed of tax refund

The unknown of when the IRS is going to start accepting tax returns, when the government is going to open back up, when can we expect our refund", said tax advi...


Would Apple ever do something like this? Unrealistic iPhone XI renders?

Firstly the arrangement of camera sensors, LED flash and what appears to be a microphone is nothing like what we've seen in the Mate 20 Pro . The leaks come ...


Market swoon raises stakes for US-China trade talks next week

Greater China is an informal term usually used by multinational companies to refer to their business operation area that encompasses the Chinese mainland, Taiwa...


USA issues China travel advisory warning of 'exit bans'

The State Department added that exit bans are used to force Americans to cooperate in Chinese government investigations, to "lure individuals back to China fr...


Briefing: Apple cuts sales forecast following weakened China sales 1 min read

After multinational companies relied heavily on China for years for growth, warning signs across different industries are beginning to crop up suggesting there ...


Netflix poaches its new CFO from Activision

There's only a single mention in Netflix's press release of his role at Activision. Neumann came to the company from Walt Disney Co. and has been finance chie...


Police mourn after doughnut van perishes in blaze

The post is a nod to stereotype that law enforcement officers have an obsession with doughnuts. Police forces and sympathisers around the U.S. were quick to o...


Computer virus freezes South Florida Sun Sentinel

The attack led to delayed distribution of The Los Angeles Times , Chicago Tribune , Baltimore Sun and other titles belonging to Tribune Publishing . For pr...


Last Kmart in Erie Area Expected to Close in March

The closing includes one Kmart location in IN at 11 Sherwood Square in Peru. Sears told workers this week that it expects to begin liquidation sales at the ...