Markets

In market debut, Lyft counters Uber with 'nice guy' image

In market debut, Lyft counters Uber with 'nice guy' image

Lyft Inc's shares opened up more than 20 percent in their market debut on Friday, giving the ride hailing startup a market value of more than $27 billion, amid strong investor demand that bodes well ...

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Huawei poses national security risks, says United Kingdom watchdog

Huawei poses national security risks, says United Kingdom watchdog

It's worth noting that, while some countries such as Australia have banned Huawei's equipment due to potential Chinese intelligence ties, others have blocked it due to concerns about security fl...

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Internet in a frenzy over bagel controversy

Internet in a frenzy over bagel controversy

Louis, Missouri, opts for getting them cut like bread. "It was a hit!" he wrote. But their unique way of slicing bagels isn't St. Louis' only questionable practice. Is a hot dog a sandwich? Rubi...

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Ottawa couple among WOW Air passengers stranded in Iceland

Ottawa couple among WOW Air passengers stranded in Iceland

The airline first expanded into the U.S. Midwest when it started offering the $69 one-way trips to Reykjavik out of Chicago O'Hare International Airport. 'Not only was the flight cancelled - the air...

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Oil falls as Trump pressures OPEC

Oil falls as Trump pressures OPEC

Prices came under pressure from a rise in USA inventories, although analysts pointed to support from efforts by the Organization of the Petroleum Exporting Countries ( OPEC ) and non-affiliated alli...

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McDonald's digital drive-thrus will start making personalized recommendations

McDonald's digital drive-thrus will start making personalized recommendations

The Golden Arches revealed Monday its biggest acquisition in more than 20 years, acquiring privately held tech platform Dynamic Yield. He mentioned further that this acquisition would provide Mac Do...

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Naresh Goyal steps down from Jet Airways board, ceases to be Chairman

Naresh Goyal steps down from Jet Airways board, ceases to be Chairman

Jet's board also approved a plan that will help the airline keep afloat. A bidding process will be initiated for new investors, which is expected to be completed in the June quarter. Before Jet info...

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Trump to nominated Moore for Federal Reserve board

Trump to nominated Moore for Federal Reserve board

The move comes just days after Moore penned an op-ed in the Wall Street Journal that echoed some of Trump's attacks on Federal Reserve Chair Jerome Powell's economic policy. Moore proposed that t...

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Powerball jackpot estimated at $625M before Saturday drawing

Powerball jackpot estimated at $625M before Saturday drawing

Since Texas joined in the multi-state Powerball games in 2010, there have been two jackpot winners here, lottery officials say. The website reads "Pending" until the results are known. Jackpot winne...

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Facebook stored passwords in plain text for hundreds of millions of users

Facebook stored passwords in plain text for hundreds of millions of users

Facebook stored up to 600 million user passwords in a readable plain text format for years, which meant they could have been easily read by thousands of its employees. Should you believe that, co...

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OPEC Crude Production Slipped in February on Saudi, Venezuelan Reductions

OPEC Crude Production Slipped in February on Saudi, Venezuelan Reductions

The IEA said OPEC+ production was 0.24 mbd above the target of 44.3 mbd, with overall compliance with reduction targets at 80 percent. Iraq is committed to OPEC oil output cuts . 2 million bpd, ...

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Elon Musk Just Unveiled Tesla’s New Model Y Compact SUV

Elon Musk Just Unveiled Tesla’s New Model Y Compact SUV

Really, this was Musk's thinking. Tesla revealed the Model Y small crossover at its Southern California offices late Thursday night. And the assembled crowd of maybe one or two thousand admi...

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Facebook, Instagram down? Instagram back up, users reporting issues with Facebook

Facebook, Instagram down? Instagram back up, users reporting issues with Facebook

Facebook , the world's largest social network, had to turn to its rival Twitter to explain that its group of hugely popular apps were having difficulties. The hashtag #FacebookDown and #InstagramD...

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Infiniti's killing off the QX30, and pulling out of Western Europe

Infiniti's killing off the QX30, and pulling out of Western Europe

Infiniti will continue its operations as usual in Eastern Europe. Product-wise, the company will focus on selling SUVs especially in North America, but will also launch five new cars on the Chinese...

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Tesla to raise prices after March 18

Tesla to raise prices after March 18

The company will evaluate the performance of approximately 20% store locations over the next few months before determining if they should remain open or close. Tesla has finally launched the $35,000 ...

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Tesla launches Supercharger V3 with '1000mi/hr' charge rate

Tesla launches Supercharger V3 with '1000mi/hr' charge rate

It's called the V3 Supercharger , and it can support up to 250kW per auto, from a cabinet that's rated at 1MW. Volkswagen is helming a similar effort in the USA and VW brand Porsche, starting sales...

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China cuts taxes, sees 'tough struggle' as growth slows

China cuts taxes, sees 'tough struggle' as growth slows

China's benchmark, the Shanghai Composite Index, gained about 0.9%; Japan's Nikkei fell 0.4%; and the Hang Seng in Hong Kong was flat. Proposed tax cuts of up to 2 trillion yuan ($300 billio...

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Missing Telugu-origin dentist found murdered in Australia

Missing Telugu-origin dentist found murdered in Australia

Hurstville Dental & Physio Centre manager Dave Vagadia told news.com.au that Dr Reddy worked at the surgery as a dentist for about five months until March 2018. The New South Wales police said inves...

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Chinese telecoms giant Huawei sues U.S. over ban

Chinese telecoms giant Huawei sues U.S. over ban

Huawei Technologies Co.is waging a legal and public relations battle on a growing number of fronts. "Huawei has an excellent security record and program.No contrary evidence has been offered". The two...

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UK PM Theresa May Promises £1.6B ‘Bribe’ For Brexit-Supporting Communities

UK PM Theresa May Promises £1.6B ‘Bribe’ For Brexit-Supporting Communities

Britain is due to leave the bloc on March 29. The backstop is the main objection raised by pro-Brexit British lawmakers who voted against Mrs May's deal, including the main Northern Irish unionist...

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