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Chipotle shuts OH restaurant after reports of illness

More than 400 people said they fell ill after eating at an Ohio Chipotle that is thought to be at the center of an illness outbreak , according to a website that tracks foodborne illnesses. Chipotle Mexican Grill Inc has shut a restaurant in OH...

China says USA tariff threat runs against trend of the times

Asian markets sank on Thursday on mounting trade war fears after the USA warned it was looking at more than doubling threatened tariffs on a range of Chinese imports. Lighthizer added that "instead of changing its harmful behavior, China has illega...

Apple becomes world's first public company worth $1 trillion

Wall Street loved it. Apple climbed almost 9 percent since the earnings report. According to a quarterly report that Apple filed with the SEC on Wednesday, the company had 4,829,926,000 shares outstanding as of July 20, the most recent figure avail...

Trader Joe’s and Other Chains Involved in Massive Food Recall

The USDA says Caito Foods was notified from their lettuce supplier, Fresh Express, that the chopped romaine used in some of the salads was being recalled. News of the recall comes a few months after McDonald's was linked to a cyclospora infection ...

Tesla Earnings: Shares Rise 11% as Musk Apologizes for ‘Bad Manners’

In May, during the company's first-quarter earnings call, Musk berated analysts for asking what he said were "boring, bonehead" questions. Musk has not yet indicated when the new Party & Camper Mode will be available to owners. Then the Palo Alto-b...

Erdogan Slams 'Evangelist' US as Pastor's Detention Roils Ties

Mr Brunson has denied charges of espionage, but faces up to 35 years in jail if found guilty. The court in the Aegean region of Izmir rejected an appeal by the lawyer for Andrew Brunson, who ran a Protestant church, to have him released from h...

For Big Mac's 50th anniversary, McDonald's is giving away free burgers

McDonald's teased MacCoin in a video released Monday, before Thursday's launch. "Creating innovative guest experiences alongside much-loved menu classics is key". According to McDonald's , 14,000 restaurants in the USA will participate in the pro...

Compensating Farmers for the Trade War: The Commodity Credit Corporation - AAF

Mr. Trump has long threatened to continue raising tariffs, claiming the European Union treats USA farmers unfairly. This will partly offset the effect of USA tariffs; at the same time, it will increase China's competitiveness with other countri...

Apple inches closer to $1T market cap after record-setting third quarter

Both iPhones have adopted the notched display Apple introduced with last year's iPhone X . The 6.1-inch model, rumored to be the least expensive iPhone Apple is introducing this fall, has a single camera lens on the back, while the 6.5-inch iP...

How Harley-Davidson plans to revamp itself amid flagging sales

This new product and broader distribution are meant to fuel Harley-Davidson's customer access and growth in India, one of the largest, fastest growing markets in the world, and other Asia markets. Harley-Davidson's all-new custom motorcycle with a ...

Facebook to spend $10M for Zuckerberg's private jet and security

According to the complainant, the marketplace was "shocked" when "the truth" began to emerge on Wednesday from the Menlo Park, California-based company. Indeed, the shocking decline in the values has, for the first time, triggered off discontent am...

Trump Slaying 'Loch Ness Monsters' and 'Alligators,' Conway Says

The step came in response to an earlier decision by the White House to impose 25 and 10 percent tariffs on steel and aluminum imports to the United States from Europe. The joint statement gave some indication that the European Union was willing t...

After Record Profit Release, Amazon Is Steps Away From Crossing $1 Trillion

The company posted net income of $2.53 billion in the second quarter - a quarterly record for the company, and a almost 13-fold increase from net income of $197 million in the year-earlier period. Amazon shares have climbed 55 percent since the begi...

SCIENCE AND TECHNOLOGY - Facebook is building 'innovation hub' in China

According to Facebook's recent filing, the wholly-owned Chinese subsidiary's operations will include network information technology development and related services, investment consultancy and marketing planning. The social media giant has establishe...

Facebook and Twitter face uncertain road ahead

Twitter is fighting against spam, bots and trolls along with rivals like Facebook and YouTube, which all face public scrutiny over how their platforms have been manipulated by bad actors. The company is expected to post an adjusted loss of $0.18 a ...

Trade deal with EU trade greater in scope than expected

The sides will also work to resolve US tariffs on steel and aluminum which are hitting the European markets hard. US President Donald Trump took a victory lap over his handshake agreement to avoid a trade war with the European Union , declaring ...

BRICS emerging economies reaffirm support for multilateral trade under WTO rules

Speaking at an informal meeting to commemorate the 10th anniversary of the BRICS mechanism in Johannesburg , South Africa, Xi said that BRICS cooperation has developed from a mere economic concept into an influential worldwide cooperation mechanis...

Facebook just had the worst day in stock market history

Second, the company is placing more emphasis on Stories, the packages of posts and photos users can share with their friends that generally disappear after 24 hours. After a surprisingly weak growth forecast in this week's earnings report, Faceb...

Oil jumps on Saudi Arabia shipping lane attack, WTI back over $70.00

Saudi Arabia Energy Minister Khalid al-Falih announced that the kingdom would be "temporarily halting" shipments through the critical Bab al-Mandab strait - off the coast of Yemen , due to attacks on Very Large Crude Carriers (VLCC) earlier in the d...

The Winklevoss twins' bitcoin ETF was rejected

Bitcoin fell 2.1 per cent to US$7,965 Friday, and the momentum indicator known as the relative-strength index fell back into the normal range, according to Bitstamp prices compiled by Bloomberg. In order to alleviate these concerns, BZX would need t...

Facebook market value plunges $119 billion

Facebook shares have already been through a rollercoaster of ups and downs this year, with the biggest slump coming in April after it emerged data from tens of millions of users had been acquired by Cambridge Analytica . Declining user growth, gr...

European Union and U.S. launch talks in bid to quell trade tensions

In a joint Rose Garden appearance with EU President Jean-Claude Juncker, Donald Trump announced significant trade concessions that would boost US exports in several sectors. In May, Trump abandoned a framework for trade negotiations with China wi...

Ex-British Prime Minister Tony Blair predicts a stalemate on Brexit

But he insisted the United Kingdom would not "cower" in talks with Brussels. During his evidence, Mr Raab insisted there were "no tensions" as he gave evidence to MPs alongside Mrs May's top aide Olly Robbins - who has just been handed more powers.

Trump, EU Chief Agree to Pursue Trade Peace Pact

Still, the deal announced Wednesday with the European Union is an encouraging sign that America's trade partners may be able to placate the Trump administration with offers to buy more USA goods, averting a trade war that the International Mo...

Winthrop man wins $3M Mega Millions prize

The winning numbers were 01-02-04-19-29. At $512 million, the jackpot is the fifth-largest in the game's 16-year history. The victor has not come forward yet and has 365 days from the date of the draw to claim. The prize amount had surged by $10 m...

Facebook (FB) Stock Sinks as Revenue Misses Expectations

Facebook's shares had earlier closed in NY at US$217.50, a record high, and had gained 23 per cent this year. The revenue shortfall reflects warnings from Chief Executive Mark Zuckerberg that Facebook's bottom line could be affected by costly ...

There’ll be no winners in global trade war, China’s Xi warns

Chinese President Xi Jinping addresses delegates at the 10th BRICS Summit. Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Brazilian President Michel Temer are attending the summit, along with several African leaders inv...

European Union 'ready' to discuss reduction of 'all tariffs' with US

China alone imported 12.3 billion dollars of U.S. soybeans previous year, according to the U.S. Department of Agriculture. After tweeting that "Tariffs are the greatest!" he suggested hours later in another post that "both the US and the Europe...

Federal aid to Iowa farmers provides 'short-term fix... not a long-term solution'

The programme is not meant to extend beyond this year, officials at the agriculture department said. The news lifted shares of farm equipment companies on the prospect that farmers will have more money to spend on tractors and other farm gear.

Fiat Chrysler CEO Sergio Marchionne’s health crisis forced succession scramble

FCA Chairman John Elkann: The Agnelli family scion and Marchionne's boss praised his mentor's "values of humanity, responsibility and open-mindedness", adding, "My family and I will always be grateful for what he has done". The Board of Directors of...

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Breaking News

Elon Musk explains why he's thinking about taking Tesla public

The company had a market value of $58 billion as of Monday's close. Basically, I'm trying to accomplish an outcome where Tesla can operate at its best, free from as much distrac...

Elon Musk tweets he has funding to take Tesla private

In a second tweet on Tuesday, Mr Musk said taking the company private would not lead to a single dominant shareholder. " Funding secured ", the tweet added, offering no furth...

Dead fetus reportedly found on plane at LaGuardia Airport

The fetus was found on board an American Airlines flight Tuesday morning. But at around 6 a.m. Tuesday morning, the cleaning crew found the fetus hidden inside the toilet under s...

Facebook asks major US banks to share customer data

At least one large USA bank has walked away from talks in light of the ongoing investigations into Facebook's data sharing practices, says the WSJ . The company is aiming to boos...

PepsiCo CEO Indra Nooyi steps down

Her run will end on October 3rd after 24 years with the company. Laguarta will take over on October 3 and will also join the board, the company said in a statement . "She has d...

Conor McGregor to Face Nurmagomedov in Main Event at UFC 229

McGregor , speaking with TMZ, revealed a deal for his comeback fight was near to completion nearly two years since his last appearance in the octagon. "For Khabib, who is undefeat...

White House adviser warns China 'better not underestimate' Trump on trade - worldwide

China proposed a 25 percent tariff on imports of copper ore and concentrate from the USA , which shipped about 70,000 tons to the country a year ago . The commerce ministry issu...

Oil edges lower as supply concerns return

Traders said prices rallied early when industry information provider Genscape reported that crude inventories at the Cushing, Oklahoma, delivery hub for USA crude, dropped 1.1 m...

Spanish pilots union sues Ryanair over contracts

A month earlier in a memo seen by Reuters Ryanair said time-off duties for the pilots committee remained an issue but there was little between the two sides and it was hopeful of...

USA employers add 157,000 jobs, jobless rate slips to 3.9 percent

Manufacturing gained 37,000 jobs, driven by durable-goods and transportation companies. But, as with small businesses, manufacturers are having trouble filling job openings, she ...

Special Reports

RBI monetary policy: Repo rate hiked by 25 bps

RBI monetary policy: Repo rate hiked by 25 bps

Mumbai: Home, auto and personal loans are set to get costlier as the Reserve Bank of India on Wednesday raised the repo rate , the rate at which it provides funds to banks, by ...

Record Iranian oil imports for India in July

Record Iranian oil imports for India in July

Purchases from Iran could slow from August as imports from Tehran are getting tougher after the United States in May pulled out of a 2015 nuclear deal and announced the renewal...

Oil Prices Drop as U.S. Inventory Grows

Oil Prices Drop as U.S. Inventory Grows

U.S. efforts to cut Iran's oil exports are expected to contribute to global oil price volatility in the short term, according to the International Energy Agency. EDT (2030 GMT) ...

That’s trillion with a T-Apple hits market value of $1 trillion

That’s trillion with a T-Apple hits market value of $1 trillion

He's right. It's extremely hard to avoid comparing Apple's good fortunes with the recent slump at Facebook , which can be crudely summed up as the result of the social networ...

USA considers higher tariffs on $200 billion in Chinese imports

USA considers higher tariffs on $200 billion in Chinese imports

The dynamic has proved hard to change, given USA consumers' reliance on Chinese goods. Two trump administration officials told reporters on a conference call that Trump remains...

China Plans Tariffs on $60 Billion of U.S. Goods

China Plans Tariffs on $60 Billion of U.S. Goods

China's Commerce Ministry said in a seperate statement Beijing's new set of proposed import tariffs on United States goods were rational and restrained. Beijing's earlier penalty ...

Pompeo Leans on Turkey to Release Pastor Brunson: 'The Clock's Run Out'

Pompeo Leans on Turkey to Release Pastor Brunson: 'The Clock's Run Out'

Pompeo met with Turkish Foreign Minister Mevlut Cavusoglu in Singapore during a security conference in Southeast Asia. The administration is also seeking the release of several d...

China threatens new tariffs on $60 billion worth of U.S. goods

China threatens new tariffs on $60 billion worth of U.S. goods

The commerce ministry threat came after Wang met with US Secretary of State Mike Pompeo at a meeting of the Association of Southeast Asian Nations (ASEAN) in Singapore on Friday. "...

Apple is the first $1 trillion company in history

Apple is the first $1 trillion company in history

Started in the garage of co-founder Steve Jobs in 1976, that Apple has pushed its revenue beyond the economic outputs of Portugal, New Zealand and other countries, reports Reute...