Business

Elon Musk Spotted Eating Hot Pot in Beijing, Offered Chinese Green Card

USA electric carmaker Tesla Inc . on Monday broke new ground with its Shanghai factory, becoming the first to benefit from a new policy allowing foreign carmak...


Bosch to pay $131 million to settle USA diesel emissions claims

Bosch and its US unit must pay $98.7 million to 47 states, the District of Columbia and Puerto Rico and Guam, and $27.5 million to 104,000 Fiat Chrysler die...


U.S. official warns of recession risk if interest rates go much higher

Powell also said he didn't see signs of a recession in the near term, but noted that his "principal worry" was a slowdown in global growth and that while the U....


China Says Beijing Talks Lay Foundation For Trade Resolution

A U.S. delegation arrived in Beijing on Monday for the first face-to-face dialogue with officials in Beijing since President Donald Trump and his Chinese ...


Rare penny found in Pittsfield selling for $120,000

Back in 1947, a 16-year-old MA teenager, Don Lutes Jr, held out his hand at the school cafeteria for change after paying for his meal. Lutes died in September...


Jeff and MacKenzie Bezos are divorcing after 25-year marriage

While it's unclear whether the Bezoses have a prenuptial agreement, a split is unlikely to be as acrimonious. Bezos doesn't splurge on supercars like most ...


What hope for markets in the US-China trade talks?

A statement released by China's Commerce Ministry on Thursday morning said both sides carried out "wide, deep and thorough exchanges" on trade and structural is...


White House: Tax Refunds To Be Sent Out Despite Government Shutdown

The acting director of the Office of Management and Budget, Russell Vought, told reporters on Monday that the Trump administration is working to make the " shut...


‘It’s been a good one’: United States delegate says as trade talks end

Later this month, U.S. Trade Representative Robert Lighthizer is expected to meet with Vice Premier Liu He, President Xi Jinping's top economic aide who is le...


Carlos Ghosn Declares His Innocence In First Public Appearance Since November

Mr Ghosn, 64, read a prepared statement in a steady voice after being released from handcuffs by the two guards who had led him into court by a rope tied around...


AT&T gets burned by rivals over its fake 5G network

While those improvements should help boost LTE speeds, it doesn't bring them anywhere near what 5G will be capable of. Verizon chief technology officer Kyle M...


Oracle’s Ellison reveals $1-billion stake in Tesla

Only weeks later we were informed that Larry Ellison, another eccentric self-made billionaire, would be one of the directors appointed to Tesla's board. Ellison...


Sales of hybrid and electric cars slow

Investment looks very likely to have fallen in 2018 and sales this year are forecast to drop again as the SMMT warned a no-deal Brexit would hit jobs. Registr...


Oil gains 2 percent, extending rally from December lows

Oil has gained almost 12 per cent since last Monday, its biggest week-on-week rally since early December 2016. Brent crude futures were up 1.3 percent at $5...


USA dollar eases in Asian trade on expectations of Fed pause

Financial markets have been rattled by heightened worries about slowing global growth, especially in the United States and China, though data on Friday showed s...


TSA official warns of shutdown impact on security operations at California airport

They are scheduled to miss their first paycheck this Friday unless TSA secures congressional funding. On Sunday, more than 2.2 million people were screened at U...


Rally held in downtown Calgary in support of B.C. pipeline protesters

Any move the Wet'suwet'en peoples by the RCMP, by the order of the Trudeau government, would directly violate UNDRIP. She was released but the 13 other people a...


GM rejects union proposal to save Oshawa plant

Dias said the US$22-million annual salary of company CEO Mary Barra is greater than the entire payroll of one assembly plant in Mexico. "Hold on, we're not ba...


Outrage in France as cash pours in for boxer who assaulted police

Prime minister Edouard Philippe announced the mobilisation of around 80,000 police for next Saturday. Dettinger, the boxer, could face years in jail if convic...


Sears chairman makes last-minute bid to save 126-year-old company

In various documents, Sears itself acknowledged the problem, previously noting more than 200 suppliers have stopped or refused to ship merchandise to the co...


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