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United Kingdom retail sales slide in tough December

December Retail sales in the United Kingdom have dropped by 1.5 percent from November highlighting low consumer spending due to rising prices, revealed the Office for National Statistics ( ONS ) on Friday. "The longer-term picture is one of slowing...

Mulvaney Says CFPB Has Enough Money

Mulvaney's request for no funding came as Mulvaney announced the first step toward an overhaul of the agency: a review of its entire operation. CFPB acting director Mick Mulvaney wrote in a letter to Fed Chair Janet Yellen that, based on his as...

Uber completes sale of US$9.3b in stock led by SoftBank

It signals a turning point for the expansive if somewhat beleaguered company as its new CEO, Dara Khosrowshahi , moves the organization away from its rough-and-tumble and legally dubious past. But Kalanick still gets a lot of benefits from this deal...

Rival Amazon HQ2 bidders say they can deliver

In the bid it submitted to Amazon last October, Toronto was quick to point out that it met all the criteria the company specified in its search for a second corporate home. "We have the amenities of New York without the problems of New York", Barak...

Boris Johnson's Channel Tunnel is "a bridge too far"

At a U.K. -France summit on Thursday, Johnson said the idea of a bridge was worth considering. An aide to the French president dismisses the idea . Johnson tweeted: "I'm especially pleased we are establishing a panel of experts to look at major pr...

Facebook agrees to widen Brexit vote fake news probe

But Collins' sceptical committee asked the company to look again. "We are committed to making all reasonable efforts to establish whether or not there was coordinated activity similar to which we found in the US", Simon Milner , Facebook's United ...

Wal-Mart Stores, Inc. (WMT) Given "Buy" Rating at Drexel Hamilton

Covington Capital Management sold 33,807 shares as Unilever N V (UN)'s stock rose 12.65%. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued. $727,698 worth of Wal-Mart Stores, Inc. Ana...

Bank of America Corp Stock Falls Despite Q4 Earnings Beat

Third Point Llc decreased Bank Amer Corp ( BAC ) stake by 18.33% reported in 2017Q3 SEC filing . MPS Loria Financial Planners LLC purchased a new position in shares of Bank of America during the 2nd quarter worth approximately $115,000.

Murphy will sign executive order on equal pay for women

Murphy said in his inaugural address . The Democratic governor said he was "proud" to have signed a letter with former Gov. Chris Christie (R) and the state's two USA senators petitioning against the drilling proposal. In New Jersey , wome...

Air passenger gets collar felt after wearing his excess baggage

He also shot a video of himself wearing eight pairs of trousers and 10 shirts with a caption, "Disappointing". In a video he posted online, Williams said that airline employees told him he'd be able to get on the flight if he put on all his clothe...

Nestle selling United States candy brands to Nutella company

After a review of its portfolio last summer, Nestle hinted that it might sell its US business, with its eye on higher-growth areas like pet care, coffee and infant nutrition. Even though its candy sales reached about $900 million in the U.S.in 2016, ...

Up to four inches of snow expected in parts of Northern Ireland

There is a yellow warning for snow in force for the county between 4am on Tuesday and 11am on Wednesday which states: "2-6 cm of snow may fall in places, especially on higher ground above 100-200m". A Met Office spokesperson said: "Very strong winds ...

Wave of lawsuits filed to block net-neutrality repeal

But wait, there's more. . He joined New York AG Eric Schneiderman and 20 other state attorneys general in filing the petition to start the lawsuit, calling the FCC's rollback of the rules "arbitrary" and "capricious". FCC Commissioner Jessica Rosen...

Oil hits highs as Opec members calls for output curbs to continue

Oil prices fell on Friday after hitting a three-year high of more than $70 a barrel the previous day, but they were still on track to post a fourth straight week of gains. Aside from market fundamentals, other factors have helped support crude prices...

Airbus Outsells Boeing, Sets Sights on Deliveries Crown

The breakdown of 2017 deliveries was: 558 single-aisle A320 family (including 181 A320 new engine option, or neo, versions) aircraft, 67 A330 wide-bodies, 78 A350XWB wide-bodies (an increase of almost 60% over 2016), and 15 A380 Superjumbos.

How are you being affected by the Carrilion liquidation crisis?

Brian Berry, chief executive of the Federation of Master Builders, said: " Carillion's liquidation is bad news for all those who work for the company and it will have serious knock-on effects for the many smaller firms in its supply chain, some ...

The 2019 Mercedes-AMG CLS53 is one mean-looking hybrid

The 3-litre inline six is part of a new modular series of Mercedes engines that aim to cut costs by sharing parts and improving packaging to allow for hybridisation and more widespread introduction of 48V systems such as the one used here.

After Madhya Pradesh, Gujarat is the latest state to BAN 'Padmaavat'!

Despite incorporating the suggested changes by Central Board of Film Certification, Sanjay Leela Bhansali's " Padmaavat ", originally titled Padmavati , was unable to receive a nod from BJP-ruled states Gujarat and Madhya Pradesh. The film was pre...

Officials See Trump Tax Paycheck Windfall but Urge Accuracy Check

In rushing the process, the Treasury Department is asking companies to rely on outdated forms to help determine how much to withhold. "I want to make sure that consumers who are trading this understand the risks because I am concerned that consume...

Pakistan, US must work together to defeat terrorism, says Aizaz

Should he become Pakistan's prime minister, Khan said "yes we would talk", referring to Trump, but added that the USA dishonors the memory of thousands of Pakistan's soldiers who died battling insurgents in its tribal regions, as well as that of tens...

GKN shares jump 26% after announcing rejected bid from Melrose

Market sources suggested companies such as Spirit AeroSystems or Triumph Group could be suitors for GKN's aerospace business. The housebuilder said it expects to deliver a significant improvement in profitability in 2018. "Portfolio rationalisati...

Ltd. Acquires Shares of 7150 Universal Health Realty Income Trust (UHT)

The company had a trading volume of 947,200 shares, compared to its average volume of 1,167,383. Physicians Realty Trust was covered by a number of analysts recently, 6 rated the stock as Buy, 5 rated Hold, 0 rated sell and 0 gave an Underperform.

India's Inflation Accelerates In December

The December core CPI reading was also stronger than the 0.2 percent rise forecast among analysts polled by Reuters. The December inflation data is due to be released on Friday, January 12 at 1200 GMT. After maintaining a benchmark policy rate at...

Sam's Club abruptly closes locations across the country

Sixty three Sam's Club locations across the US are closing down - approximately 10% of the company's locations. Sam's Club CEO John Furner notified employees of the move Thursday. - Sam's Club's parent company - announced it was raisi...

Circuit City Announces Relaunch 9 Years After Closing Stores

CNBC reports the company made the announcement earlier this week at the Consumer Electronics Show in Las Vegas. It will include several novel features, including search by photo and tech support via video chat, he said. Circuit City has partnered w...

New York City to divest $5bn pension funds from fossil fuel companies

Shares of Exxon Mobil and ConocoPhillips were down slightly, while Chevron and BP shares were up slightly. "We're saying simply that this city - which suffered so deeply after Hurricane Sandy - has literally experienced billions and billion...

Crude oil futures rise 0.27% on firm global cues

Some analysts, however, warn that markets might be overheating. " Oil is acting like an internet stock and when it does that you know it's getting overcooked", said Walter Zimmerman, chief technical analyst for United-ICAP. OPEC and the Russia-led...

Apple says all Macs and iOS devices affected by chip flaws

If you run Windows Update and it does not list a patch made available on Jan 3, 2018, it's likely your antivirus software is not yet compatible with this patch. Gerry Grant, chief ethical hacker at the Scottish Business Resilience Centre and manage...

Marathon Oil Corporation (MRO) Shares Sold by Stratos Wealth Partners LTD.

The stock closing price is now trading upward to its 50 day moving average with change of 4.94%, escalated to its 20 day moving average with figure of 1.82% and above its 200 day moving average with value 10.29%. Therefore 57% are positive. The ratin...

Former Browns HC Mike Pettine to Become Packers Defensive Coordinator

The Browns fired Pettine after a poor 2015, finishing with a 10-22 record. Pettine had a top-10 defense in each of his five seasons as a coordinator, including first (2009), third (2010), fifth (2011) and eighth-place (2012) rankings with the Jet...

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Breaking News

Turkey lira crashes as Trump piles on pressure

Trump said in an early morning post on Twitter . Import taxes for aluminum will be 20 percent. President Donald Trump announced Friday that he is doubling tariffs on stee...

Russia Says US Sanctions are Intended to 'Demonize' the Country

The Kremlin on Thursday vowed to retaliate against "unacceptable" new United States sanctions against Russia over its alleged role in a nerve agent attack on a former spy in...

NY moves to cap Uber, app-ride vehicles

It makes NY the first major USA city to limit the number of app-based rides and to impose pay rules, with authorities under pressure to act over pollution and worsening congestio...

China Tariffs on US Crude Not Game-Changing Event

China's exports soared in July, showing little impact from USA tariffs, as Washington finalises more duties on Chinese imports. While short-term effects might be mild, the imp...

Snapchat drops daily users for first time after controversial redesign

Snap reported 188 million daily active users during the last quarter - falling short of Wall Street's expected 192 million and dropping from last quarter's 191 million. That's ...

Crude Oil Price Slumps on Small Decrease in Stockpiles

Energy Information Administration . Furthermore, oil prices were dragged down by the increasing output of the Organization of the Petroleum Exporting Countries ( OPEC ) and R...

Wall Street sees funding hurdle to Musk's plan to take Tesla private

Tesla is a legendary cash-burner, with roughly $10 billion in debts and $2 billion in reserves, and Musk would probably need in the tens of billions of dollars to buy out sharehold...

Premier Doug Ford announces buck-a-beer launching in Ontario this month

It's a campaign promise that Doug Ford says he's delivering on. "Instead we're going to do what we said we would do and put Ontario consumers first". The Ford Government is bring...

Trump, China trade war, tariffs

Pressure from the Trump administration is mounting on China after the United States and European Union agreed in late July not to impose new tariffs, and instead negotiate ...

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...

Special Reports

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

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

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

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

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

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

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

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

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 ...