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Twitter shares fall 17 percent on disappointing user numbers

Twitter shares fall 17 percent on disappointing user numbers

Twitter escalated its battle against suspicious accounts late past year in the face of congressional and public pressure following revelations about how Russian Federation used the platform to spread ...

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Trump Declares Victory for Farmers in Trade Spat with EU

Trump Declares Victory for Farmers in Trade Spat with EU

In return for a pledge by Trump to suspend the threat of an extra tariff on European Union auto exports, Juncker reheated proposals to bolster transatlantic economic ties and buy more liquefied na...

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Facebook stock drops 20% wiping away a record $120 billion

Facebook stock drops 20% wiping away a record $120 billion

Facebook's tumble led a sell-off in technology companies and pushed the Nasdaq down more than 1 per cent, the index's biggest one-day drop in a month, while industrial stocks rose after the Unite...

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Bitcoin Drops as U.S. Regulators Reject Winklevoss ETF Plan

Bitcoin Drops as U.S. Regulators Reject Winklevoss ETF Plan

While the SEC determined that it was not, Peirce urged the commission to trade the Bitcoin-based ETF, asking to set aside the "action" taken by the staff and approve the proposed change. "The disappro...

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White House: Trump 'open' to visiting Moscow

After posing questions to President Trump earlier in the day as the network pool reporter, Collins was told by White House deputy chief of staff for communications Bill Shine and press secretary S...

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Amazon just posted an insane earnings-per-share beat

Amazon just posted an insane earnings-per-share beat

Amazon has forecast operating income above Wall Street's expectations for the third quarter, as the company earned far more from its higher-margin cloud business. Amazon did miss revenue expecta...

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Trump and European Union officials strike 'zero tariff' deal to avert trade war

Trump and European Union officials strike 'zero tariff' deal to avert trade war

The size of the direct payments to farmers as a result of trade shortfalls would be unprecedented, said Scott Irwin, an agricultural economist at the University of IL. The president has repeatedly cal...

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Facebook sees users flee in Europe amid GDPR | Digital

Facebook sees users flee in Europe amid GDPR | Digital

Mark Zuckerberg , the co-founder of Facebook (FB), is facing a hit to his personal wealth of up to $17bn (£13bn) after the social media company disappointed investors with its latest trading update...

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Saudi Arabia stops oil exports after Yemen rebels strike two tankers

Saudi Arabia stops oil exports after Yemen rebels strike two tankers

Yemen's Iran-aligned Houthis attacked two of Saudi Arabia's giant crude carriers off Yemen's coast on causing slight damage. The Houthis claimed a rocket attack on the ships and a Saudi-led coalitio...

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Facebook Has Registered a Subsidiary in China, Plans

Facebook Has Registered a Subsidiary in China, Plans "Innovation Hub in Zhejiang"

It has always been an ambition of Facebook to be in China. Facebook filed a company registration in Hangzhou, Zhejiang province, the hometown of Chinese e-commerce giant Alibaba. In what was viewed ...

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Iowa Republican: $12B bailout is proof that Trump's tariffs hurt farmers

Iowa Republican: $12B bailout is proof that Trump's tariffs hurt farmers

Juncker said that he had gone into his Oval Office meeting with Trump with both parties intending to reach an agreement. "This announcement is substantial but we can not overstate the dire consequen...

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Republicans visiting White House surprised by European Union trade announcement

Republicans visiting White House surprised by European Union trade announcement

The threat of a transatlantic trade war between the USA and Europe seems to have diminished following a successful meeting between Donald Trump and European Commission chief Jean-Claude Juncker ...

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Oil Prices Rise as US Oil Reserves Fall

Oil Prices Rise as US Oil Reserves Fall

An Iranian military commander said on Thursday that Donald Trump should address any threats against Tehran directly to him, and mocked the USA president as using the language of "night clubs and...

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Winning Mega Millions ticket worth $543M sold in California

Winning Mega Millions ticket worth $543M sold in California

The winning numbers were 01-02-04-19-29. Six tickets that were sold are with $1 million and at least two are worth $3 million. To take home the entire $522 million, the victor would have to take ...

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British Government Preparing to Secure Food and Medicine for 'No Deal' Brexit

British Government Preparing to Secure Food and Medicine for 'No Deal' Brexit

But an ally of Mrs May claimed her plans to release 70 official documents in the coming weeks on how to prepare for the possibility of leaving the European Union without a deal were aimed at buildin...

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Facebook shares slump as user growth slows

Facebook shares slump as user growth slows

Still, the results suggest that Facebook may have weathered the scandal without major harm to its business, even if its public image has taken a hit. In the conference call following the report, a...

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Trump, European Union leaders pull back from trade war

Trump, European Union leaders pull back from trade war

But Australia's National Farmer's Federation (NFF) President Tony Maher said it is a blow to drought-stricken farmers in this country. Senators say the aid package could help short-term, but they'...

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Made in China: Trump re-election flags may get burned by his tariffs

Made in China: Trump re-election flags may get burned by his tariffs

The aid is meant to shield the industry as countries raise taxes on United States products such as soybeans in response to new Trump administration tariffs. Politicians Tuesday announced that $12 bill...

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Ex-Fiat Chrysler CEO Sergio Marchionne dies aged 66

He was handpicked by the United States government to save Chrysler and is credited with turning the dysfunctional companies into the world's seventh-largest automaker. "Our thoughts are also with our ...

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Trump Plans Farm Bailout To Deal With Backlash To His Trade War

Trump Plans Farm Bailout To Deal With Backlash To His Trade War

Before departing for Kansas City, Trump tweeted that any US trade partner needs to either negotiate a 'fair deal, or it gets hit with Tariffs. Holtz-Eakin was also vocal on Twitter on Tuesday, c...

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Mega Millions ticket worth $1M sold in Delaware County

Mega Millions ticket worth $1M sold in Delaware County

Mega Millions offers two jackpot payment methods - one of them offering the full $522 million paid out as one immediate payment followed by 29 annual graduated payments. The last million-dollar winner...

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NK seeks breakthrough by dismantling missile facilities

NK seeks breakthrough by dismantling missile facilities

North Korea appears to have started removing key facilities, such as a missile transfer structure and a rocket engine test stand, used to develop engines for ballistic missiles and space launch vehicl...

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Trump tweets ‘Tariffs are the greatest!’ as emergency aid planned for farmers

Trump tweets ‘Tariffs are the greatest!’ as emergency aid planned for farmers

The plan aims to provide temporary relief to farmers who have faced retaliation from US trade partners during Trump's escalating trade dispute with China. He has also threatened to slap tariffs on...

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Pepperidge Farm recalls 4 types of Goldfish crackers over salmonella risk

Pepperidge Farm recalls 4 types of Goldfish crackers over salmonella risk

The products were distributed throughout the US, but as of Monday, no illnesses have been reported. To complicate matters, the four products listed come in a variety of packaging. Healthy people may...

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Google stock up 5 percent after pulverizing earnings expectations

Google stock up 5 percent after pulverizing earnings expectations

The company posted adjusted earnings of $10.58 per share, excluding the impact of equity investments and European antitrust regulators' record $ 5 billion fine for abusing its dominance in mobile s...

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United States trade threats, intimidation won't ever work: China

United States trade threats, intimidation won't ever work: China

Economy. China on Monday rebuffed renewed threats on trade from Washington, after US President Donald Trump threatened to impose further tariffs on all imported Chinese goods. May said China's g...

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Google parent Alphabet reveals better-than-expected earnings

Google parent Alphabet reveals better-than-expected earnings

Shares in Google parent Alphabet jumped in after-hours trading Monday as the company's second-quarter results exceeded Wall Street forecasts after taking into account a $5 billion U.S. The margin was ...

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Tesla Stock Stumbles as Company Asks Suppliers for Help Turning a Profit

Tesla Stock Stumbles as Company Asks Suppliers for Help Turning a Profit

It's down from a peak of $385 in September, with many investors growing concerned about Tesla's spending and its ability to meet its production goals. It will release its second quarter results next...

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Tesla Reportedly Asked Suppliers for Cash Back to Show Profit

Tesla , whose eroding cash position has alarmed investors, requested a "meaningful" amount of payments made since 2016 to be returned, according to the letter. "It would not be correct to apply histor...

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Mega Millions winning numbers announced for $433M jackpot

Mega Millions winning numbers announced for $433M jackpot

This is the sixth largest jackpot in the games history, and the seventh time its exceeded 400 million dollars. The Mega Millions jackpot continues to climb. The odds to match all six numbers: 1 in 3...

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Nigeria Sells Yuan For First Time as It Deepens China Ties

Nigeria Sells Yuan For First Time as It Deepens China Ties

Hong Kong's Hang Seng slipped 0.5 percent and the Shanghai Composite Index was down 0.15 percent. "The (yuan's) slide against the U.S. dollar will substantially cushion the impact on Chinese exporte...

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Facebook suspends analytics firm over data usage

Facebook suspends analytics firm over data usage

In fact, Crimson Hexagon pays Twitter for access to a large amount of tweets; considering that Facebook has restrictions on the amount of data that can be collected by third parties, Crimson Hexagon...

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North Korea to return US soldiers' remains in weeks - Pompeo

North Korea to return US soldiers' remains in weeks - Pompeo

Mr Trump had been talked to North Korean leader Kim Jong-un in last month regarding to that plans, process and pledged to denuclearize the Korea peninsula. Foreign Ministry spokesman Noh Kyu-duk rel...

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Trump says China, EU

Trump says China, EU "manipulating their currencies" -- and US dollar hit

Fed has raised the benchmark lending rates twice this year, after three increases in 2017, and two more rate hikes are expected this year as the central bank removes stimulus from the economy to k...

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Illness forces Marchionne out of Ferrari

Illness forces Marchionne out of Ferrari

Camilleri be named as CEO". Marchionne, 66, an Italian-Canadian who had planned to step down from his CEO role at FCA next year, became the CEO of Fiat group in 2004 and returned it to profitabi...

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Dollar hits three-week high, gold sinks to year low

Dollar hits three-week high, gold sinks to year low

In a closely watched two-day congressional testimony, Federal Reserve Chairman Jerome Powell said the United States is on course for years of steady growth and played down the risks to the U.S. USA ...

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Feminine hygiene now tax-free in India; sanitary napkins out of GST net

Feminine hygiene now tax-free in India; sanitary napkins out of GST net

The government is likely to implement it by the end of this year.Also in the pipeline is reduction of GST on 30 odd items including sanitary napkins, handlooms and handicrafts, among others. "I think ...

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Burberry burns £28.6m worth of products to stop counterfeiting

Burberry burns £28.6m worth of products to stop counterfeiting

To put the burning into context, you could buy 20,000 of Burberry's notoriously expensive trench coats with the $36.5 million value of the destroyed items. "Where us the consumer could push back on ...

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Boeing, Airbus report roaring sales at close of Farnborough

Boeing, Airbus report roaring sales at close of Farnborough

The first Boeing 787s are expected to arrive in 2021, the companies said in March. "We are excited to introduce Boeing's newest 737 MAX 10 into our rapidly growing fleet". The carrier was hinting ...

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British Airways says Heathrow flights hit by computer problems

British Airways says Heathrow flights hit by computer problems

About 30 minutes later, Heathrow confirmed that the airport was fully open and operations were resuming as normal. Heathrow Airport said the alarm has been investigated, and "operations" have starte...

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