Business

Chipotle Shuts Down Ohio Restaurant After Reports Of Illness Outbreak

Chipotle Shuts Down Ohio Restaurant After Reports Of Illness Outbreak

Business Insider reported late-Monday that more than 170 people said they fell ill after eating at a restaurant in OH. Three reports covering nine individuals were posted on the crowd-sourcing web...

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OPEC's oil output hit 2018 peak in July

OPEC's oil output hit 2018 peak in July

On Wednesday, U.S. Energy Information Administration (EIA) reported a surprise 6.1 million barrels of crude draw in commercial crude oil inventories. Yesterday, the commodity fell sharply after priv...

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China stands its ground after Trump amps up tariff threats

China stands its ground after Trump amps up tariff threats

China says the United States is trying to stop the rise of a competitor and it has imposed its own tariffs on USA goods. "We have been very clear about the specific changes China should undertake"....

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Pompeo Renews Calls for the Return of American Pastor Imprisoned in Turkey

Pompeo Renews Calls for the Return of American Pastor Imprisoned in Turkey

Washington and Ankara are also at odds over the Syrian war, Turkey's plan to buy missile defenses from Russian Federation and the USA conviction of a Turkish state bank executive on Iran sanctions-bus...

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Molson Coors wants to sell pot-infused drinks in Canada

Molson Coors wants to sell pot-infused drinks in Canada

This new venture will function as a stand-alone startup company that has its own independent management team and board of directors. Molson Coors Canada will have a 57.5% controlling interest, whi...

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Masters of the Universe: Apple First Company Worth $1 Trillion

Masters of the Universe: Apple First Company Worth $1 Trillion

Apple is on the verge of becoming the first public company to reach a trillion dollar valuation, following a closely-contested race with Amazon . Apple's achievement becomes more valuable in th...

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China plans tariffs on $60bn of imports to counter Trump

China plans tariffs on $60bn of imports to counter Trump

China responded with a 178.6 percent tariff on the roughly $1 billion in sorghum that the US imports to China each year. In a statement released on its website the ministry said the tariffs were n...

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Apple has become America's first trillion-dollar company

Apple has become America's first trillion-dollar company

Apple Chief Executive Tim Cook said on Thursday that the iPhone maker's $1 trillion market capitalization was "not the most important measure" of the company's success but was instead a result of ...

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German firms now HIT by Trump's tariffs on £200BN of China goods

The two sides have not held high-level talks for a couple months now. The Trump administration aims to push for changes in China's policies on intellectual property protection, technology transfer...

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Sales tax holiday is more than back-to-school items

Sales tax holiday is more than back-to-school items

Some clothing , school supplies , and instructional materials will be exempt from sales and use tax. Back-to-school shopping doesn't have to put the squeeze on mom and dad's budget - if they shop ...

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Apple becomes world's first trillion dollar company

Apple becomes world's first trillion dollar company

That said, the competition's continued success doesn't lessen the significance of today's milestone - a capstone to the company's meteoric rise to power over the last decade after a period of near-dea...

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Trump threatens higher tariffs on Chinese imports

Officials say there will be a comment period for businesses and people affected by the tariffs. A first round of tariffs came into effect on 6 July, when the U.S. Butina is accused of working with a...

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TSA surveillance program criticized for tracking USA citizens

TSA surveillance program criticized for tracking USA citizens

Markey, a Massachusetts Democrat, wrote Monday in a letter to the agency that included a number of questions about the program. Unbeknownst to American travelers, the Transportation Security Administr...

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Donald Trump ratchets up trade war with China

The change isn't final yet and may not go forward after a public review, the people said. In a statement , Lighthizer said the proposed higher tariff is meant to provide the administration with add...

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RBI hikes lending rate, loans likely to become dearer

RBI hikes lending rate, loans likely to become dearer

In June, the repo rate or the benchmark lending rate was raised for the first time in over four years, by 25 basis points to 6.25 percent. Two reasons were stated by economists for the RBI to increa...

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Tesla Stock Rallies 13% Despite Reporting a Record Loss

Tesla Stock Rallies 13% Despite Reporting a Record Loss

Tesla said it would build as many as 55,000 Model 3s in the third quarter, buoying hopes that the company would soon begin to turn a profit - its first in years. Now that Tesla pulled off that rate...

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US Treasury sanctions 2 Turkish officials

US Treasury sanctions 2 Turkish officials

The sanctions will freeze the United States assets of Turkey's minister of justice, Abdulhamit Gul, and its minister of interior, Suleyman Soylu. The sanctions are modeled on those targeting the R...

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Asia mixed in aftermath of BoJ decision

Repeated purchases of JGBs have robbed the bond market of liquidity, and near-zero rates under YCC have strained bank lending. "I think there was some expectation leading up to this meeting that w...

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Wraps and salads sold at Kroger, Walgreens recalled due to parasite concern

Wraps and salads sold at Kroger, Walgreens recalled due to parasite concern

Caito Foods discovered the issue when their lettuce supplier, Fresh Express, sent notification that the chopped romaine used in some of their salads and wraps was being recalled, according to the FSI...

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Discount ticket service MoviePass raises prices by 50 pct

Now, the company announced , MoviePass 3 million subscribers will not be able to use their pass to see popular upcoming movies such as The Meg and Christopher Robin in the coming weeks. Stock i...

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Apple earnings beat expectations as it sells pricier iPhones

Apple earnings beat expectations as it sells pricier iPhones

Apple is ever-so-close to becoming the first USA company worth more than $1 trillion: The company closed in on the magic number Tuesday in after-hours trading after posting better-than-expected result...

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McDonald's to offer

McDonald's to offer "Mac Coins"

There will be five different designs, in seven different languages, for the five decades of the Big Mac. To get MacCoin, fans can buy a Big Mac, starting at lunchtime on August 2. McDonald's added t...

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Gary Lineker says a second Brexit referendum is 'more important than football'

Gary Lineker says a second Brexit referendum is 'more important than football'

With less than eight months until Britain is due to leave the EU, Prime Minister Theresa May has yet to find a proposal to maintain economic ties with the bloc that pleases both sides of her divided...

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Harley-Davidson unveils $825M global growth initiative

Harley-Davidson unveils $825M global growth initiative

Harley-Davidson has just announced its product plan for the next few years. The 115-year-old Milwaukee-based company, known for its heavy touring motorcycles, is trying to boost overseas sales and s...

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Homeless man hands out resumes, goes viral

Homeless man hands out resumes, goes viral

A woman named Jasmine Scofield drove past him, took his photo and posted it to Twitter , asking people to help him. "Today I saw this young homeless man asking for people to take a resume rathe...

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Juncker and Trump talked again on trade

Juncker and Trump talked again on trade

We're all losing money", Heck told CBS News . Since the US' goal is to maintain its hold on high-end manufacturing , it doesn't want China to upgrade its manufacturing sector. "You have to tak...

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Spirit flight diverts after fliers fall ill from 'dirty sock' smell

Spirit flight diverts after fliers fall ill from 'dirty sock' smell

Seven to 10 of the passengers on board were taken to the hospital, WNBC reported. Passenger Steven Costello tells WPLG-TV of Miami that some children on the flight vomited and at least one woman f...

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Agriculture was part of US-EU trade talks, insists Mnuchin

Agriculture was part of US-EU trade talks, insists Mnuchin

In response to the threat of automobile tariffs, Detroit-based Big Three automakers lowered their 2018 forecasts and each admitted that fallout from United States tariffs on aluminum and steel was w...

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Facebook Sued After Stock Plunge ‘Shocked’ Market

Facebook Sued After Stock Plunge ‘Shocked’ Market

In after-hours trading, its share price fell as low as 24 per cent. So far, three class-action suits have been filed by shareholders claiming that Facebook made false and misleading statements to ...

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Disney's Acquisition of Fox Approved by Shareholders

Disney's Acquisition of Fox Approved by Shareholders

Disney will get Fox's movie studio, which includes franchises like " Avatar " and "X-men", along with cable channels like FX and National Geographic. That's created a lot of angst at Fox and Disney ...

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