Markets

New Yorkers baffled as night sky turns blue

New Yorkers baffled as night sky turns blue

Residents of Astoria , Long Island City, Jackson Heights, and Forest Hills all reported similar sounds and sights. A giant plume of smoke exploded and colored the night sky blue over a Con Ediso...

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Which stores are open on Christmas?

Which stores are open on Christmas?

And so does Kohl's which has been open non-stop since 7 a.m. on December 21. While some businesses - like Sheetz - are running promotions on Christmas Day , other businesses that are ordinarily ope...

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Nissan to replace rock-star chairman amid arrest scandal

Nissan to replace rock-star chairman amid arrest scandal

Aubrey Harwell, the USA lawyer for Kelly, an American, says he is innocent, and that Nissan insiders and outside experts had advised him the financial reporting was proper. Ghosn and Nissan were indic...

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Wall Street rises modestly in early trade

Wall Street rises modestly in early trade

The market convulsion saw the Dow Jones Industrial Average fall by as much as 650 points at one point during midafternoon trading, with the S&P 500 down 2.4 percent and the Nasdaq dipping into bear ...

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Did Jay Powell's Rate Hike Kill The President?

Did Jay Powell's Rate Hike Kill The President?

President Donald Trump has begun polling advisers about whether he has the legal authority to fire Federal Reserve chairman Jerome Powell , according to two people familiar with the matter. All t...

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Qualcomm granted permanent injunction against Apple in Germany

Qualcomm granted permanent injunction against Apple in Germany

Apple shares closed down 3.5 per cent at €139.99 in European trading on Thursday. Apple is appealing the ban, but its worth nothing that even if it fails, this ruling will have a much smaller im...

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Coal in stocking: Markets on track for worst December since Great Depression

Coal in stocking: Markets on track for worst December since Great Depression

Hospital operators and insurers that would stand to lose if the law is weakened or overturned took some of the biggest losses early Monday. U.S. president Donald Trump put pressure on the Fed on Monda...

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Gatwick Airport shuts over drone fears

Gatwick Airport shuts over drone fears

In a statement, the airport said: 'Following reports of two drones flying over the Gatwick Airport airfield at around 9pm, the airfield was closed from 9.03pm on Wednesday, December 19 to 03.01am on T...

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Parrot uses Alexa to make Amazon purchases while his owner is away

Parrot uses Alexa to make Amazon purchases while his owner is away

Rocco , an African grey parrot , is having a love affair with Amazon's Alexa . Before his accidental online shopping habit, Rocco the African Gray parrot was put up for adoption by the National An...

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China should free Canadians held after Huawei arrest: Mike Pompeo

China should free Canadians held after Huawei arrest: Mike Pompeo

Instead, the world's two largest economies set up talks to address United States trade concerns, particularly what U.S. officials say is China's rampant theft of USA technology to prop up its own firm...

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Virgin Galactic's new flight test to soar closer to edge of space

Virgin Galactic's new flight test to soar closer to edge of space

While SpaceX has had some high-profile launches of its own lately, Virgin Galactic says Thursday's flight marks "the very first time that a crewed vehicle built for commercial, passenger service, ...

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U.S. planning actions targeting Chinese hackers and spies

U.S. planning actions targeting Chinese hackers and spies

The strategy is core to China's aim to transform itself into a global superpower by 2050, and rival USA dominance in sectors such as semiconductors, robotics, aerospace, clean-energy cars and artifici...

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House passes bill to reauthorize farm programs, food aid

House passes bill to reauthorize farm programs, food aid

The House passed the 2018 Farm Bill in a vote of 369-47. As farmers enter loan renewal season, having a five-year bill is key for producers weathering tough economic times. "What Kansans tell me o...

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Oil Prices to Rise to $70 Per Barrel After Oil Production Cut

Oil Prices to Rise to $70 Per Barrel After Oil Production Cut

The price of oil has fallen 25 percent recently because major producers and the US are producing oil at high rates. OPEC members and 10 other oil producing nations, including Russian Federation, o...

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Opec cut throws wrench into record oil short-selling streak

Opec cut throws wrench into record oil short-selling streak

Saudi Arabia and others had agreed back in June to pump more oil , partly to make up for lost Iranian supplies and prevent prices spiking to $100 a barrel. Production from the USA has also surprised ...

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Police investigate break-in at Vancouver home linked to detained Huawei executive

Police investigate break-in at Vancouver home linked to detained Huawei executive

Tensions are escalating between Canada and China after the arrest last week and possible extradition to the USA of Huawei chief financial officer Wanzhou Meng. Even if British Columbia had nothi...

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Tesla CEO Elon Musk says he's interested in closed General Motors plants

Tesla CEO Elon Musk says he's interested in closed General Motors plants

But ultimately, it is Musk's fierce determination that drives Tesla's success - to achieve those goals the CEO more or less moved into the factory to troubleshoot bottlenecks and encourage his staff...

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Lyft v. Uber: Uber filed paperwork for IPO

Lyft v. Uber: Uber filed paperwork for IPO

Richard Drew/APUber CEO Dara Khosrowshahi speaks during the company's unveiling of the new features in New York, Wednesday, Sept. 5, 2018. When Dara Khosrowshahi took over the reins of the San Franc...

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Altria buys 45% stake in cannabis producer Cronos for $2.4 billion

Altria buys 45% stake in cannabis producer Cronos for $2.4 billion

With the Cronos investment, Altria will get a new opportunity to boost revenue as cigarette smoking continues to decline in the United States. " Altria is the ideal partner for Cronos Group , pr...

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U.S. hiring slower but stays steady in November

U.S. hiring slower but stays steady in November

In November, job gains occurred in health care, in manufacturing and in transportation and warehousing. Adult men: 3.3 percent; adult women: 3.4 percent; teenagers: 12.0 percent; Caucasians: 3.4 per...

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