Business

What Seattle 'head tax' will cost Amazon

Mayor Jenny Durkan signed Seattle's controversial new employee tax into law Wednesday evening, her office announced in a press release. To get enough votes to...


Cisco Systems (CSCO) Expected to Announce Quarterly Sales of $12.42 Billion

The fund owned 259,134 shares of the network equipment provider's stock after selling 9,128 shares during the period. 734 hedge funds increased and opened new e...


Tencent advances revenues 48%, profit over 60% in Q1

Anchored by its marquee title, the smartphone games business yielded 68 percent growth in the quarter. That came after Tencent's rare miss in revenue growth...


European Union sets out to salvage Iran nuclear deal

Area readers have split feelings on whether the USA should have violated a 2015 agreement with Iran and other nations to prevent Iran from pursuing a nuclear we...


Man threatens to call ICE on Spanish-speaking workers in NYC

Some social media users said they knew the man in the video's identity, though The Times was unable to immediately confirm it. If you love this country this m...


Ford Is Resuming F-150 Pickup Production Following Supplier's Fire

Ford also plans to get Super Duty assembly back up and running on Monday in Louisville, Kentucky. "Thanks to their heroic efforts, we are resuming production ...


Energy Company May Withdraw from Iran South Pars Project

Determined to keep the accord alive, European leaders need to find a way to assure companies that their investments are beyond Washington's extra-territorial re...


JSW Steel posts record quarterly profit

The huge jump was on account of an exceptional non-cash gain of restricting of a United Kingdom pension scheme during the quarter. Commenting on the guidance,...


Coinbase Introduces Coinbase Suite of Institutional Products

There is a problem, there are very few regulated platforms, and they do not facilitate services for enterprises, hedge funds, or other important institutions. "...


Lachlan Murdoch Succeeds Brother at Fox

Rupert Murdoch said Fox will be the only media company exclusively focused on the United States market and "on what America loves best-sports, news and enterta...


Harry, Meghan and Megan to crew British Airways royal wedding flight

After the paparazzi photo scandal broke, Meghan's dad reportedly spoke to TMZ directly, telling the outlet that the staged photos embarrassed him and he's ...


Macy's shares surge as sales and profits beat forecasts

That is still slightly better than analysts' expectations of a 1.4% increase, but it suggests that Macy's may struggle to maintain its momentum in the sales-f...


Higher Gas Prices Could Follow Trump's Exit From The Iran Deal

If history is any guide, there is little chance of this happening, so we are now on a course of escalating confrontation. "In a few moments, I will sign a pre...


US Warns European Businesses on Sanctions If They Do Business with Iran

Changing the regime in Iran is "not the policy of the administration", Bolton said on ABC . "The rationale for getting out of the deal is that it was con...


Senate votes today on rollback of net neutrality rollback

The resolution targets the FCC's vote in December to repeal its net neutrality rules for Internet providers. A final vote by the Senate was expected later on ...


Paddy Power in talks to tie-up with FanDuel

This landmark decision is bound to create a lot of movement in the gambling industry and Paddy Power Betfair seems intent on leading the way as the company ha...


Tesla Model X tows 130 ton Boeing 787-9 Dreamliner

Nissan managed to pull a gargantuan 170-tonne cargo plane to set a new record in 2013. Compared to other models, which have also pulled airplanes successfully i...


Volvo S60 won't offer a diesel engine

Diesel's demise in Europe, the main market for the engine type, is accelerating with Volvo Cars saying it won't be offered for the upcoming S60 saloon as the...


IShares MSCI China Small-Cap ETF (ECNS) Declines 0.18% for May 15

Created by Charles Spearman, the indicator oscillates between +100 and -100. Ever wonder how investors predict positive share price momentum? There is hence a...


Amazon Ramps up Prime Perks at Whole Foods

The company says it ultimately plans to make Amazon Prime the Whole Foods Market customer rewards program. They'll also get even deeper discounts on unique me...