Business

Amazon's quarterly profits soar to US$2.5 billion

Amazon's quarterly profits soar to US$2.5 billion

A number of other large investors have also recently added to or reduced their stakes in AMZN . Following the transaction, the chief executive officer now directly owns 86,419 shares of the company's...

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China pulls approval for Facebook's planned venture

China pulls approval for Facebook's planned venture

Facebook hasn't commented on the matter as yet and neither have the Zhejiang provincial government or the Cyberspace Administration of China . The social media network has been blocked in China ...

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Trump eyes Mexico for speedy NAFTA deal

Trump eyes Mexico for speedy NAFTA deal

The tripartite talks are set to resume in Washington on Thursday and negotiators will strive to reach consensus on pending issues such as financial market uncertainties before the USA midterm election...

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Friday only! $1 for dozen Krispy Kreme doughnuts

Friday only! $1 for dozen Krispy Kreme doughnuts

The glazed confetti is a vanilla birthday cake flavored doughnut with sprinkles thorough. The $1 deal only involves the classic glazed donuts, but that first full price box can contain any flavors...

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Comptroller announces sales tax holiday for August 10-12

Comptroller announces sales tax holiday for August 10-12

The sale does not include computer parts, like keyboards and monitors, when not sold with a CPU; storage media, like flash drives and compact discs; individually purchased software; video game console...

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Trump announces trade concessions from European Union officials on soybeans, energy, tariffs

Trump announces trade concessions from European Union officials on soybeans, energy, tariffs

USDA said it would use a Depression-era farm support fund to make direct payments to producers of soybeans, sorghum, corn, wheat, cotton, dairy and hogs. "And where does the bailout stop?" No firm d...

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European Union and USA launch talks in bid to quell trade tensions

European Union and USA launch talks in bid to quell trade tensions

Trump's supportive comments about ethanol. In May, Trump abandoned a framework for trade negotiations with China within days of it being announced , before ratcheting up tariffs. France was one of t...

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Get a free MAC lipstick Sunday for National Lipstick Day

Get a free MAC lipstick Sunday for National Lipstick Day

Shoppers can choose from nine different shades, including Tanarama, Aloof, Delish, Chintz, Florabundi, Moxie, Dare You, Epic and Mixed Media, with no purchase required.

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McDonald's Worker Keeps Job After Brutal Brawl Over 'Soda Refill'

McDonald's Worker Keeps Job After Brutal Brawl Over 'Soda Refill'

The fight, which was filmed by Nevada resident Marie Dayag, supposedly broke out when the customer asked for a water cup and then allegedly tried to fill it with soda. The second employee then joins i...

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Why the SEC thinks Bitcoin still isn't ready for the big time

Why the SEC thinks Bitcoin still isn't ready for the big time

As Arthur Hayes, co-founder of cryptocurrency exchange BitMex, told CNBC in early July, the presence of regulated funds in addition to greater government oversight in the investment process coul...

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WRAPUP 4-Europe gives U.S.-EU trade reprieve a measured welcome

WRAPUP 4-Europe gives U.S.-EU trade reprieve a measured welcome

The US truce with Europe is likely to embolden Trump to increase his pressure on China, said Chua Hak Bin, a senior economist at Maybank Kim Eng Research Pte in Singapore. The EU later said it would n...

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President Trump Delivers a Stronger Economy as Promised

President Trump Delivers a Stronger Economy as Promised

He campaigned on a platform of tax cuts for businesses and individuals, as well as deregulation. However, the notion of a Q2 sugar high is not fully consistent with the data. Surveys indicate that fir...

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Twitter hammered as bad week in social media gets worse

Twitter hammered as bad week in social media gets worse

Twitter, like bigger rival Facebook has been under pressure from regulators in several countries to weed out hate speech, abusive content and misinformation, better protect user data and boost trans...

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Facebook shares down more than 18 percent

Facebook shares down more than 18 percent

In an understandable development at the announcement , Facebook's stock has taken a tremendous nosedive, down almost 20% at peak. Facebook hit the headlines earlier this year when it came to light ...

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Saudi Red Sea oil shipments halted after Houthi attack

Saudi Red Sea oil shipments halted after Houthi attack

Closing the strait, which has a shipping channel just two miles (3.2 km) wide, would force oil and liquefied natural gas (LNG) tankers around the southern tip of Africa, extending the distance for a v...

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Winning Mega Millions ticket sold in San Jose

Winning Mega Millions ticket sold in San Jose

The lucky numbers were 01-02-04-19-29. The victor matched the 5 balls drawn (01-02-04-19-29) to win the $1 million prize. The victor of the ticket has not officially come forward. This year, 2...

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Did We Just Dodge a Trade War With Europe? - Hit & Run

Did We Just Dodge a Trade War With Europe? - Hit & Run

Trump has placed tariffs on imported steel and aluminum, saying they pose a threat to USA national security, an argument that the European Union and Canada rejects. Germany's BDI industry association...

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Iran military official warns of 'strong' response to United States threats

Iran military official warns of 'strong' response to United States threats

United States light crude was 5 cents higher at $68.57, having risen almost 1% in the previous session. The market gave up gains as attention returned to oversupply risk. The Iranian leadership was ...

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Facebook Suffers Huge One-Day Drop in Market Value

Facebook Suffers Huge One-Day Drop in Market Value

The company issued a warning to investors about a deceleration of growth in its userbase, leading to a stock drop of around 20 percent. As part of its second quarter of 2018 earnings announceme...

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Trump Warns Turkey: Free Pastor Brunson or Face 'Large Sanctions'

Trump Warns Turkey: Free Pastor Brunson or Face 'Large Sanctions'

In an attempt to interfere with NATO-member Turkey's judiciary, Trump tweeted: "The United States will impose large sanctions on Turkey for their long time detainment of Pastor Andrew Brunson". ...

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Canada Uses NAFTA To Fight Trump's Solar Panel Tariffs

Canada Uses NAFTA To Fight Trump's Solar Panel Tariffs

In a recently undisclosed letter to U.S. President Donald Trump , Mexico's president-elect Andres Manuel Lopez Obrador offered to usher in a new stage of U.S. "We know there have been bumps in the ...

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Florida officer helps homeless man shave for McDonald's job interview

Florida officer helps homeless man shave for McDonald's job interview

Local McDonald's restaurants couldn't immediately confirm if Phil was hired. Carlson said that police officers do this type of thing all the time, they are public servants after all, but they rare...

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Trump pumps up the volume ahead of Juncker visit

Trump pumps up the volume ahead of Juncker visit

WASHINGTON-Reducing trade tensions, U.S. President Donald Trump and the president of the European Commission have come to a vague preliminary agreement to hold off on new tariffs while they conduct ...

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China's Xi says 'no winner' in any trade war

China's Xi says 'no winner' in any trade war

South African President Cyril Ramaphosa also warned of the impact that tariff threats by US President Donald Trump would have on developing countries. "They have a collective interest in promoting in...

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European Union fines ASUS, Philips and others for online price fixing

European Union fines ASUS, Philips and others for online price fixing

The company was also fined for engaging in resale price maintenance in twelve European Union countries between 2011 and 2013, including the UK, Spain, Germany, France, Italy and more. This is illegal ...

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Facebook stock tumbles as user, revenue growth lag

Facebook stock tumbles as user, revenue growth lag

The ad sales portion of revenue hit $13 billion in the second quarter, good for a gain of 42 percent from the year prior. The site also brought in 1.47 billion global daily active users (DAUs) durin...

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Former Ferrari chief Sergio Marchionne dies

We reached out to Fiat Chrysler Automobiles for an official update on Marchionne's health and will update when we hear back. Marchionne, who was also the Chairman and CEO of FCA, had been running ...

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Trump, Juncker voice desire to reduce tariffs, trade tensions

Trump, Juncker voice desire to reduce tariffs, trade tensions

What's the background on the tariffs? Politico , citing two sources familiar with the plan, also reported the administration will pay for billions in trade-related aid through the U.S. The funds ...

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Trump and top European leader agree to work toward zero tariffs

Trump and top European leader agree to work toward zero tariffs

He warned that those who pursue "economic hegemony" will "only end up hurting themselves". "What the European Union is doing to us is incredible", he said . Mr Juncker said he and the president...

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Ryanair cancels 24 flights to Britain over strike

Ryanair cancels 24 flights to Britain over strike

But management are believed to be disappointed to have made less progress placating its Irish pilots then it has with British and Italian unions. A total of 24 services, affecting 4,000 passengers, ...

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