Business

Japan bond yield spike prompts Bank of Japan intervention

IXIC added 21.68 points, or 0.28 percent, to 7,841.87. The speculation fueled a slide in 10-year Japanese government bond (JGB) futures during United States...


Rouhani: Trump's 'empty threats' not worthy of response

The country's foreign ministry warned the United States not to pressure other countries to stop importing Iranian oil. "If America wants to take a serious s...


Fiat Chrysler exec quits after Marchionne exit

FCA is the world's seventh largest carmaker and one of Italy's biggest companies, employing more than 200,000 people. "We expect continuity." But he also expr...


May says she'll take control of Brexit talks with EU

The statement adds that the "Europe Unit will have overall responsibility for the preparation and conduct of the negotiations, drawing upon support from DExEU a...


California Mega Millions lottery ticket wins $522 million jackpot

A half dozen other players - including one in MI - matched five white balls to win $1 million each. If you want to check your ticket, the winning numbers ...


Facebook plans innovation hub in China despite tightening censorship

But the registration was later removed from the Chinese government agency's website, and references to it were scrubbed from social media in China, perhaps an i...


Fiat Chrysler’s Sergio Marchionne dies after complictions from surgery

During his 14 years at the helm, Sergio Marchionne is credited with revamping the Fiat company and bringing it back from the brink of bankruptcy. He has yet...


Top General Warns US of Iran’s Harsh Response

He said that Iran could not put trust in deeds and words of U.S. officials to sit at a negotiating table with them. Under the landmark deal signed in Vien...


Former Ferrari president Sergio Marchionne passes away aged 66

The holding company of the Fiat founding family said on Wednesday that Marchionne had passed away. Former Chrysler CEO Bob Nardelli and Benchmark Managing Par...


Former Fiat and Ferrari CEO Sergio Marchionne dies aged 66

On Wednesday, new Fiat Chrysler chairman, John Elkann, released a statement to confirm Marchionne's passing. Mr Marchionne has been succeeded by Briton Mik...


Asus, Philips and others face a combined €111 million for price fixing

Dutch healthcare technology company Philips and three other companies are expected to be fined by European Union antitrust regulators on Tuesday for restricti...


Trump, Iran drama escalates -- via Twitter

Despite the heightened rhetoric, both sides have reasons to want to avoid starting a conflict that could easily escalate . Rouhani had told a gathering of I...


Ryanair to cancel up to 600 flights next week in biggest strike

Friday is the first of two 24-hour stoppages announced by the Irish Air Line Pilots' Association (Ialpa), which grounded 30 flights bound for the United Kingdom...


ENC farmers react to Trump farm aid

President Donald Trump tweeted Tuesday morning that " tariffs are the greatest " as the United States prepares to impose a variety of tariffs on numerous co...


Harley-Davidson warns European Union tariffs will hit profits

Harley-Davidson Inc. cut its forecast for profit margin this year, adding to its predictions of damage done by President Donald Trump's trade war. It expects it...


Trump administration to announce financial assistance to farmers in wake of tariffs

Senators said the aid package could help short-term , but they're anxious about losing long-term access to export markets. The administration has so far down...


Trump plans to give billions in aid to farmers hurt by tariffs

The CCC has broad authority to make loans and direct payments to US growers when prices for corn, soybeans, wheat and other agricultural goods are low. "What fa...


N Korea 'begins dismantling' rocket launch site

Both Trump and his secretary of state, Mike Pompeo, have been urging patience since the President held a historic summit with Kim in Singapore last month but th...


Ritz cracker recall: Salmonella fears for several products

The batches include 6 different packings of Ritz Bitz Cheese, 6 variations of Ritz Cheese Cracker Sandwiches, the 35 oz Ritz Everything Cracker with Cream Chees...


Krispy Kreme selling a dozen doughnuts for $1 on Friday

As for Krispy Kreme , it has a prominent location on Person Street in downtown Raleigh. LOUIS- Doughnut-maker Krispy Kreme is buying a majority stake in Ph...