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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

Saudi Arabia says will retaliate against any sanctions over Khashoggi case

A foreign ministry official said the inspection would be a joint one carried out by Turkish and Saudi officials. This has been described as a major blow to the Kingdom's economic...

IEA lowers its growth forecast in oil demand for 2018, 2019

The energy watchdog noted that the world's spare oil production capacity was down to 2 percent of global demand, with further imminent falls. Prices for the US oil benchmark edg...

Saudi journalist's death recorded on his Apple Watch: Turkish newspaper

Saudi intelligence noticed the watch on Khashoggi's wrist "and tried to erase some files", the paper said. Turkish security units analysed how Khashoggi's reported killing unfold...

Mega Millions winning numbers announced for $548 million jackpot

Four tickets matched all five white balls to earn the second prize, and 37 matched four white balls and the Mega Ball for a third-place prize. It was the 22nd consecutive drawing t...

Singapore Airlines relaunches world's longest nonstop flight

With only business and premium classes, the Singapore Airlines flight SQ22 is set to take off tonight from Singapore's Changi Airport for Newark , five years after the nationa...

Turkey accuses Saudi of not cooperating as Trump threatens 'punishment'

Meanwhile Prince Mohammed's big October conference - the Future Investment Initiative dubbed by media as the "Davos in the Desert" after the annual conference in the Swiss resort -...

India To Continue Iranian Oil Imports In November Despite U.S. Sanctions

The U.S. President Donald Trump has clearly stated that the U.S. sanctions against Iran beginning from November 4, 2018, will block payment routes. Companies turned off daily p...

Trump says Fed 'out of control' but won't fire Powell

Mr Trump is correct in saying that rising interest rates tend to strengthen the USA dollar, as investors return funds to the United States in search of higher returns and safer...

James Murdoch in line to replace Elon Musk as Tesla chairman

The brief was required by a federal judge who must approve a securities fraud settlement reached with Musk and the company last month. According to the SEC's complaint related ...

Facebook downgrades breach count from 50 million to 30 million users

Facebook says the FBI is investigating a major security breach of its service, but the company says authorities asked it not to discuss who may be behind the attack. There, you'll ...

Special Reports

Singapore Airlines flight sets record after nearly 18 hr trip

Singapore Airlines flight sets record after nearly 18 hr trip

Well, if you happen to be travelling from Singapore to NY or vice versa in the future you could be about to embark on a record-breaking flight, as a new route is about to launch b...

China's September trade surplus with U.S. widens to record $34.13 billion

China's September trade surplus with U.S. widens to record $34.13 billion

However, an oil trader told Reuters that refinery run rates have been on the rise last month, suggesting demand for fuels was improving. China's exports to the USA rose to $46...

Turkish prosecutor seeks 10-year jail term for United States pastor

Turkish prosecutor seeks 10-year jail term for United States pastor

He was swept up in the wave of arrests that followed the botched military coup in 2016, during which tens of thousands of people - including artists, intellectuals and ordinary Tur...

President Trump blames 'loco' Federal Reserve for October's big stock drop

President Trump blames 'loco' Federal Reserve for October's big stock drop

The Fed, as you know, is gradually raising short-term rates to unwind the zero-percent rates it imposed in 2008-2009 to combat the financial crisis. Trump said he had no intent...

International Monetary Fund downgrades outlook for U.S., China as result of trade war

International Monetary Fund downgrades outlook for U.S., China as result of trade war

The fund also slightly lowered its forecast for Japan's economy to 1.1 percent growth in 2018, down 0.1 of a percentage point from an April estimate, but maintained a prediction ...

European Union officials warned to prepare for no-deal Brexit

European Union officials warned to prepare for no-deal Brexit

As manufacturers of cars and other goods warn the Theresa May government of job losses and other impact of Brexit, a report promoted by former prime minister Tony Blair on Thur...

Tech stocks lead Wall Street slump as investors shun risk

Tech stocks lead Wall Street slump as investors shun risk

Wall Street stocks plunged Wednesday, with major indices losing more than three percent in a selloff prompted by the sudden jump in United States interest rates. The FAANGs, spre...

US market 'correction' isn't surprising - US Treasury secretary

US market 'correction' isn't surprising - US Treasury secretary

President Donald Trump said he believes "the Fed has gone crazy " amid recent interest rate hikes. The turmoil came a day after the International Monetary Fund slashed its glo...

International Monetary Fund raises Japan growth forecast, cuts global estimate due to trade tension

International Monetary Fund raises Japan growth forecast, cuts global estimate due to trade tension

US President Donald Trump has accused China of deliberately manipulating its currency to gain a trade advantage, claims Beijing consistently rejected. Tobias Adrian, director o...