Business

Carlos Ghosn being held in 'draconian' conditions, wife claims

Mr Ghosn was initially arrested for under-reporting his pay by as much as £31m and has been charged with financial misconduct . After the Special Investiga...


Cadillac reveals its first electric vehicle

The EVs can be configured in front-, rear- or all-wheel drive, and the output of their battery systems will be adjustable based on vehicle and customer needs. T...


Ford and Volkswagen announce alliance to build pickups and vans

The partnership will start in 2022 with each company assembling Ford Rangers and Volkswagen Amoraks for each other in their assembly plants in South Ameri...


Government shutdown: Air traffic controllers pleading for an agreement

The grassroots effort started on Thursday, according to Peter Duffey, the president and CEO of the Canadian Air Traffic Control Association. But that act of c...


Newmont to buy Goldcorp in $10B deal

Shareholders of Newmont Mining Corp . will own 65 percent of the combined business, with Goldcorp shareholders owning 35 percent. Barrick Gold said it would by...


Brexit deal result: Theresa May’s plan rejected by MPs in parliament

The Democratic Unionist party agreed. In that short period, she faces an improbable task of wringing a better deal out of European Union, whose commissioner, ...


China December exports unexpectedly drop

However, in a sign that the White House's punitive measures are having an impact, China's exports to the USA sank last month. The meetings in China were the f...


Family alleges they sat on airplane floor because their seats were missing

The flight had only one spare seat, which the crew gave to Brooke. They found the numbers, but when they looked down, there were no seats, according to a Januar...


TSA Officers Get $500 Bonuses Amid Shutdown

The Transportation Security Administration (TSA), the agency responsible for airport security screening, said unscheduled absences among its employees rose ...


China-U.S. Trade Gap Grew to Biggest Ever in 2018

That compared with about $275.81 billion in 2017. Customs data showed that Chinese exports rose 11.3 percent in 2018 to $478.4 billion, while imports from the...


New Beer Labels On Hold During Government Shutdown

That delay doesn't just hurt the beer drinker as they wait for the new flavors, it hurts the business financially. That breaks down to over 3,000 applications c...


Shutdown halts food inspections

The Feast spoke with Brandon Hernandez , a Colorado-based high-risk quality and food safety consultant, about the risks involved with the lack of food inspe...


GM shows off images of Tesla rivalling all-electric SUV from Cadillac

The revelation came at the Detroit Auto Show. That was counter to the Toyota Prius model, in which an expensive new powertrain was launched in a small, mass...


Zimbabwe fuel price shocker! Petrol price more than doubles

The Zimbabwe Association of Doctors for Human Rights said it had "received widespread reports of protesters who have sustained gunshot wounds after being shot d...


PG&E CEO Steps Down Amid Reports of Bankruptcy Preparations

That would dwarf the US$1.5 billion in cash and cash equivalents on hand as of Friday. This announcement comes a day after the company's CEO Geisha Williams r...


In his trade war with China, Donald Trump has secret allies

China's politically-sensitive surplus with the United States widened by 17.2 per cent to US$323.32 billion past year, the highest on record going back to 2006, ...


SpaceX laying off 10 percent of its workforce

The company broke its own record with 21 launches in 2018. About 600 of the firm's 6,000-strong workforce are being laid off, with the company blaming "extrao...


Virgin Atlantic Steps In to Save Flybe

The joint venture said the offer price comes after "careful" due diligence, taking into account Flybe's capital needs, its hard trading environment, and preva...


Aphria shares gain after pot grower's CEO steps down

The Canadian cannabis producer Aphria reported mixed quarterly results Friday morning that were overshadowed by news that its cofounder Cole Cacciavillani and...


PC leader Lenovo faces pressure from HP and Dell in Asia Pacific

The report was published by Gartner earlier today which noted a significant drop in the shipments. PC shipments in Emea totalled 20.9 million units in the f...


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