Business

'Payless' Opens Fake Luxury Shoe Store To Prove Point

Sarah Couch, Payless's chief marketing officer, said the campaign aimed to remind shoppers that Payless strikes the right balance of stylistic relevance and a...


General Motors President Shifts Focus Exclusively on GM’s Self-Driving Unit

Ammann will share strategic direction for the San Francisco-based venture with Cruise co-founder and former Chief Executive Kyle Vogt, who is shifting to chie...


Floyd Mayweather Jr. and DJ Khaled Charged with Unlawfully Pushing Cryptocurrency Projects

The SEC said Mayweather and Khaled were required to disclose that they were paid to promote the ICOs because not doing so gave their followers the impre...


Deutsche Bank headquarters searched for second day over money-laundering allegations

Deutsche Bank is Germany's largest bank. It is also alleged that Deutsche Bank employees breached their duties by neglecting to report money launder su...


U.S., China reach 90-day ceasefire on tariffs in trade dispute

The non-binding agreement, negotiated in all-night talks, capped the two-day G20 summit in Buenos Aries. Investors have been eager for signs of a progress tow...


DJ Khaled, Floyd Mayweather Jr. charged with cryptocurrency fraud

In addition to the Centra Tech payment, Mayweather also failed to disclose that he was paid $200,000 to promote two other ICOs. The SEC alleges that the f...


Fed chair says economy is in ‘good health’ despite risks

The reason for this was a formulation that the current key interest rate was just below the broad range of estimates for the neutral interest rate. U.S. But m...


Fedex delivery man folds fallen American flag

The FedEx driver saw this when he was driving by and stopped. American flag etiquette stipulates that the flag should never touch the ground, but Cook's fla...


Stocks markets surge on hint of slower rate hikes

Chairman Jerome Powell's Wednesday speech to the Economic Club of NY was hardly as hawkish as some had expected. Furthermore, other commentators suggest that wh...


New Nissan Leaf Nismo RC - 322 hp electric race vehicle

Nissan has announced a brand new Leaf Nismo RC with substantial updates and is more powerful and torquier than the previous version that came into light seve...


Bayer to cut 12000 jobs globally as part of overhaul

The cuts will account for about one in ten workers globally, with a "significant number" going in Germany, the BBC reported. Bayer announced Thursday it wil...


JAL pilot jailed in Britain for 10 months for exceeding alcohol limit

He has also lost his job. He said: "Most important is the safety of all persons on board that very long-haul flight, potentially 12 hours or more, their safet...


Starwood Hotels hit by data breach affecting 500 million guests

We've reached out to Marriott to clarify exactly what the company means and we'll update this post when we receive a reply. "We are doing everything we ca...


Payless opens fake luxury store

If you attended the beleaguered retailer's recent Santa Monica event, the number is $600, according to Adweek . Some even paid $US200, $US400, and even $US60...


Adani Group To Self-Finance Controversial Carmichael Coal Mine In Australia

Adani Mining, led by billionaire Gautam Adani, said it looks to downsize the initial phase of the project and reduce capital requirements. "This means we've m...


Trump threatens fresh tariffs in wake of GM plant closures

Trump has threatened to eliminate all federal subsidies to GM in response to the company's planned closure of five plants and the elimination of 14,000 jobs in ...


'Battle' over as Trudeau, Trump, Pena Nieto sign 'new NAFTA'

What's in Trump's new trade deal with Mexico and Canada? The deal now heads to ratification, nearly certainly by the next U.S. Congress, where Democrats wi...


Fed officials express caution about pace of future hikes

He also noted that the economy had yet to feel the full impact of the hikes. Those remarks sparked a rally in stock and bond markets , while sending the do...


India’s GDP growth slows down to 7.1% in quarter ending September

The GDP growth was 7.7 per per cent in January-March quarter while it was at 7 per cent in October-December. Reflecting on the latest figures, the CSO said ...


Powell Comments Suggest Fewer Rate Hikes Next Year

Neither Clarida nor Powell said definitively whether rate hikes should stop at neutral, and each stressed that level was very hard to estimate. Wall Street ...


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