Money

South Korea's Bithumb loses $32 million in digital money heist, bitcoin falls

South Korea's Bithumb loses $32 million in digital money heist, bitcoin falls

Last week, Bithumb tweeted that a database and security upgrade was being carried out, and that part of the process involved transferring assets to a cold wallet (one not directly connected to the i...

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More Flights Canceled At Charlotte Airport As Airline's Computer Problems Continue

More Flights Canceled At Charlotte Airport As Airline's Computer Problems Continue

According to PSA Airlines, an American Airlines regional carrier, the issue did not affect any of its other regional carriers or mainline flights. If you plan on traveling to or from ILM using Ameri...

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Starbucks to Close More Stores Amid Glut of Coffee Shops

Starbucks to Close More Stores Amid Glut of Coffee Shops

The world's largest coffee chain has faced increasing competition from upscale coffee houses and fast-food chains like McDonald's Corp and Dunkin Donuts in recent years, missing analysts' estimates fo...

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Disney tops Comcast with $71.3 billion deal for Fox

Disney tops Comcast with $71.3 billion deal for Fox

The improved offer came as 21st Century Fox board was set to decide whether to back Comcast's bid for assets that include Fox's film and television studios and worldwide businesses. The deal would...

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Trump says 'getting there' in NAFTA talks with Canada, Mexico

Trump says 'getting there' in NAFTA talks with Canada, Mexico

Baird in Milwaukee. That is why multinational companies and trade groups from the U.S. are seriously anxious about how the ongoing and escalating trade spat between the world's two biggest economies...

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Microsoft takes a stand against ICE separating parents from children

Microsoft takes a stand against ICE separating parents from children

In a January blog post , Microsoft said the ATO would help the ICE deliver cloud-based identity and access services and "help employees make more informed decisions faster". Later in the day, Micro...

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TRUMP STRIKES BACK: The President Threatens China with $200 BILLION in Tariffs

TRUMP STRIKES BACK: The President Threatens China with $200 BILLION in Tariffs

The United States has initiated a trade war and violated market regulations, and is harming the interests of not just the people of China and the US, but of the world. U.S. President Donald Trump ...

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Trump says Canadians smuggling U.S. goods, assails tariffs

On July 1, Canada is set to impose retaliatory action of $16.6 billion on USA products after Trump slapped tariffs on aluminum and steel - and he has threatened more to come on automobiles. "Two-h...

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Baltimore Dunkin’ Donuts removes sign discouraging foreign language

Baltimore Dunkin’ Donuts removes sign discouraging foreign language

A racist, xenophobic sign displayed on a counter sparked outrage, before spreading all over social media. Dunkin Donuts has acknowledged the move was inappropriate and has since removed the sign...

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No plans to ditch McDonald's straws here despite United Kingdom move

No plans to ditch McDonald's straws here despite United Kingdom move

The burger giant began testing the plastic straw alternatives in Belgium. As of June 18, McDonald's will launch a test allowing consumers in some of its outlets in some USA cities, Norway and Fran...

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U.S. outguns China on trade tariffs but Beijing’s not done yet

U.S. outguns China on trade tariffs but Beijing’s not done yet

Spooked by worsening tensions over trade between the world's two largest economies, investors are selling stocks and commodities and buying safer assets. President Donald Trump threatened late Mon...

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Elon Musk Says Tesla Secrets Stolen by Staff Saboteur

Elon Musk Says Tesla Secrets Stolen by Staff Saboteur

While noting most cases of corporate espionage are committed by individuals for personal reasons, he listed potential perpetrators who were motivated to see Tesla fail including Wall Street short se...

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Trump threatens additional tariffs on $200 billion of Chinese goods

Trump threatens additional tariffs on $200 billion of Chinese goods

US President Donald Trump escalated a growing trade war with China by unveiling plans today to impose 10 per cent tariffs on an additional US$200 billion worth of Chinese goods. When you consi...

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Actress calls out Tesla after husband's auto bursts into flames

Actress calls out Tesla after husband's auto bursts into flames

The footage shows flames shooting up from underneath the vehicle. "Thank you to the kind couple who flagged him down and told him to pull over", McCormack tweeted. Indeed, the fact that Teslas run on ...

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Trump Moves to Retaliate Against China's Retaliation for New Tariffs

Trump Moves to Retaliate Against China's Retaliation for New Tariffs

A spokeswoman for the U.S. Trade Representative's Office said the new list would replace the previous $100 billion list that Trump ordered to be prepared in early April as a response to China's firs...

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Who is Sandeep Bakhshi?

Who is Sandeep Bakhshi?

Bakhshi will be responsible for handling all businesses and corporate centre functions at ICICI Bank , and all Executive Directors on the Board and the executive management will report to him. The co...

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"Violently Changed Their Culture": Donald Trump On Migrants In Europe

But Merkel, who has led Germany since 2005, has so far flatly rejected the proposal, claiming that turning aliens away at the border would contravene supposed European Union values and undermine f...

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China says will 'fight back firmly' if United States publishes additional tariffs list

China says will 'fight back firmly' if United States publishes additional tariffs list

Later on Friday, China announced its own tariffs on American goods, including a wide range of seafood and agricultural products, many cars and trucks, petrochemicals and an array of medical equipmen...

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Donald Trump Readies New Tariffs for China

It wasn't immediately clear when the new tariffs could be put in place, as the trade office has yet to identify the Chinese goods to be penalized or conduct a legal review. He added that China is a "p...

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Google's investing $550 million into Chinese shopping site JD.com

Google's investing $550 million into Chinese shopping site JD.com

This could help JD.com expand beyond its base in China and Southeast Asia and establish a meaningful presence in US and European markets. Google has made investments in China, released products the...

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Audi CEO detained in diesel emissions case

Audi CEO detained in diesel emissions case

Audi CEO Rupert Stadler has been arrested. Audi had no immediate comment regarding the arrest, and Stadler himself as well as Munich prosecutors were not immediately available for comment. Even i...

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Audi CEO arrested in Germany over diesel scandal

The Dieselgate scandal dates back to 2015, when Volkswagen was caught out by US authorities for installing emissions cheating defeat device software in millions of diesel vehicles sold worldwide. Au...

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McDonald's to Replace Plastic Straws in UK, Ireland Locations

McDonald's to Replace Plastic Straws in UK, Ireland Locations

McDonald's United Kingdom and Ireland announced that it would be incorporating paper straws into all its restaurants starting in September. McDonald's also plans to test alternatives to plastic st...

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Chicago chooses The Boring Co. for express airport service

Chicago chooses The Boring Co. for express airport service

Drilling for the project, pending regulatory and environmental approvals, could begin in as soon as three to four months, said Musk, who also founded and heads luxury electric auto maker Tesla Inc a...

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Canada Goose (GOOS) Downgraded to

Canada Goose (GOOS) Downgraded to "Hold" at Zacks Investment Research

In the case of Canada Goose Holdings Inc ( TSE:GOOS ), there's is a financially-healthy company with a great track record and a buoyant growth outlook. Canada Goose stock opened at $45.85 on Wednes...

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McDonald's to test plastic-straw alternatives in U.S. later this year

McDonald's to test plastic-straw alternatives in U.S. later this year

It comes after McDonald's moved all its plastic straws behind the counter to "put the decision for use in the hands of the customer". McDonald's Corp. Tetra Pak - the food packaging company - said p...

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China’s Didi Chuxing Ride-Hailing Service Expands To Australia

China’s Didi Chuxing Ride-Hailing Service Expands To Australia

That marks the newest overseas market for the company, after starting operations in Mexico in April, and investing in a local ride-sharing firm in Brazil in January. But just a day earlier, Australi...

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Draghi signals the beginning of the end for easy money

Draghi signals the beginning of the end for easy money

This development occurred in the wake of a decision made by the European Central Bank to keep interest rates at record lows into 2019 while simultaneously moving to end its massive bond purchase s...

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CPB Contractors wins $260m contract for BHP's South Flank

CPB Contractors wins $260m contract for BHP's South Flank

BHP will invest almost $4 billion in a new mine in WA's Pilbara, announcing the move to push ahead with the South Flank project, which will replace its aging Yandi mine and is tipped to create thous...

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Maine Delegation issues joint statement regarding China's retaliatory tariffs on lobster

Caterpillar Inc, another big exporter to China, ended 2 percent lower. Earlier on Friday, US President Donald Trump said Washington would respond with more tariffs if China retaliated. Trump's...

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UK's N Brown looks to close all 20 stores and move online

UK's N Brown looks to close all 20 stores and move online

The move can put 270 jobs at risk. The shops, which are dotted around the United Kingdom, from London to Belfast and Glasgow, contributed £15m, or 2% sales, a year ago and made a loss of £3m. Exclud...

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Supreme Court dismisses appeal in Pimlico Plumbers employment case

Supreme Court dismisses appeal in Pimlico Plumbers employment case

Said Philip Richardson, Head of Employment Law at Stephensons: "While stopping short of setting a precedent, the Supreme Court judgement has nonetheless applied pressure to legislators to "sort out"...

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Australian jobless rate falls to 5.4 pct in May

SA now trails only Victoria (5.1 per cent) and NSW (4.9 per cent) but is marginally above the national rate, which sits at 5.4 per cent for the fifth consecutive month. The small rise in employment ...

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Rolls-Royce to axe 4600 jobs in major restr

Rolls-Royce to axe 4600 jobs in major restr

While issues with its Trent 1000 jet engine have contributed to financial challenges, Rolls Royce said it will continue to focus on civil aerospace, aiming for a 50% share of the engine market. He c...

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Surprise rise in United States oil inventories pushes crude prices down

Surprise rise in United States oil inventories pushes crude prices down

In the US, government data showed crude stockpiles declined by 4.14 million barrels last week, while in Libya armed clashes halted oil loadings at the country's biggest port. Official US production ...

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VW fined one billion euro by German prosecutors over dieselgate

VW fined one billion euro by German prosecutors over dieselgate

Volkswagen has agreed to pay a €1bn (£880m) fine in Germany , saying the penalty means it "accepts responsibility" for the diesel emissions scandal which sent the company into crisis. The German fi...

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China pledges to 'immediately' retalliate to Donald Trump's latest tariffs

China pledges to 'immediately' retalliate to Donald Trump's latest tariffs

Trump said the 25 percent tariff is supported by a report from the Office of the U.S. Trade Representative that found China's trade practices related to technology and intellectual property ar...

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Facebook confirms it tracks everything about you. And, it's creepy

Facebook confirms it tracks everything about you. And, it's creepy

Facebook has responded to the US Congress list of questions about the social network's policies and data collection framework. Cruz also asked what percentage of the moderators Facebook uses to ...

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1 deputy killed, another shot in court building

1 deputy killed, another shot in court building

Bailiff says it's possible the deputies were overcome with their own weapons. The Kansas City, Kansas police department is heading the investigation. Bailiff said the inmate was being taken across t...

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Seattle Repeals Tax On Big Business After Opposition From Amazon, Starbucks

Seattle Repeals Tax On Big Business After Opposition From Amazon, Starbucks

It stays to be seen whether Seattle's withdraw will chillingly affect different urban communities considering charges on substantial tech organizations to help alleviate the impacts of development. Am...

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